San Roque School Charitable Trust EIN 71-6194026

San Roque School Charitable Trust

EIN  71-6194026 Public charity (501(c)(3)) Santa Barbara, CA
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Offers integrated curriculum, challenging students to learn at multiple levels.
Leadership
Money in and out
$-13.6M revenue, $187K expenses
Bottom line
100% program efficiency

Offers integrated curriculum, challenging students to learn at multiple levels. For fiscal year 2024 it reported $-13.6M in revenue, $187K in expenses, and $347K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$-13.6M
Pt VIII · Ln 12
Total expenses
$187K
Pt IX · Ln 25
Net assets
$347K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$13.8M
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
22.2mo
months of highly liquid reserves at operating expense rate▼ -88% vs prior filing year
Goes to people
0%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$-13.6M
FY2024▼ -13671%
Expenses
$187K
FY2024▲ +87%
Total assets
$347K
FY2024▼ -99%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$-13.6M
Pt VIII · Ln 12
Total expenses
$187K
Pt IX · Ln 25
Net assets
$347K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$13.8M
Total assetsPt X · Ln 16$347K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $187K of program spending, described in the organization's own filed words · FY2024.
01

San Roque School DBA Garden Street Academy

Depreciation and sale of building while winding down operations.

$187Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSan Roque School Charitable Trust
EINHdr · item D71-6194026
Principal addressHdr · item CSanta Barbara, CA
WebsiteHdr · item Jwww.gardenstreetacademy.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B20)
Ruling yearIRS BMFApr 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2021FY2020
Michael Hagan$234,134$230,016
Angela Jevons$98,068
Kristi Dichard$76,394

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$187K
Total functional expensesLn 25$187K

Balance Sheet

Part X · end of year
CashLn 1$347K
Total assetsLn 16$347K
Total liabilitiesLn 26$0
Total net assetsLn 32$347K
Months of cash on handcomputed22.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $347K · Operating expenses/yr $187K
22.2 months
Where the money goes
Program services
Program services $187K · Total expenses $187K
100%
Management & General
Management & general $0 · Total expenses $187K
0%
Fundraising
Fundraising $0 · Total expenses $187K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $1.8M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $5.2M · Total revenue $-13.6M
Government reliance
Government grants — · Total revenue $-13.6M
Earned-income share
Program service revenue $0 · Total revenue $-13.6M
Investment reliance
Investment income $-18.8M · Total revenue $-13.6M
Program self-sufficiency
Program service revenue $0 · Total expenses $187K
0%
Growth & trend
Revenue growth (YoY)
This year $-13.6M · Prior year $100K
-13671%
Net-asset trend (YoY)
End of year $347K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $-13.6M · Expenses $187K
Liabilities-to-Assets
Total liabilities — · Total assets $347K
Net-asset ratio
Net assets $347K · Total assets $347K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $347K
0%
People & payroll
Highest Reported Total Compensation
Individual Stephanie G Sperling · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $187K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $187K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -13671%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$100K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$-13.6M revenue · viewing · ⤓ 990 PDF
FY2023$100K revenue · ⤓ 990 PDF
FY2022$100K revenue · ⤓ 990 PDF
FY2021$103K revenue · ⤓ 990 PDF
FY2020$3.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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