Peak Prep Pleasant Valley FY2021 filing

Tax-deductible

Camarillo, CA501(c)(3)Since 2019EducationEIN 84-2636686Revenue $2.6M in FY2021

On file with the IRSpeak-prep.org2150 Pickwick Drive 304, 93010-9998 · Camarillo, CATax-exempt since Jun 2021School — 170(b)(1)(A)(ii)

This page gets seen. Tell your story. Claim this org.

Peak Prep Pleasant Valley is a public charter school serving students in tk to 12th grades.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$152K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $475K a year · 8% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$152K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.3M
96% of total assets
Concern: liabilities are 96% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
-16% vs prior year
Spent
$3.0M
To programs
76%
Net assets
$90K
By yearFY2020–FY2025
Revenue
$2.6M
FY2021▼ -16%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.1M
FY2021$2.6M
FY2022$5.2M
FY2023$5.5M
FY2024$6.9M
FY2025$13.0M
Expenses
$3.0M
FY2021▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.7M
FY2021$3.0M
FY2022$3.4M
FY2023$4.9M
FY2024$6.9M
FY2025$12.6M
Net assets
$90K
FY2021▼ -80%
Tap a bar for its year
Net assets by fiscal year
FY2020$441K
FY2021$90K
FY2022$1.9M
FY2023$2.5M
FY2024$2.4M
FY2025$2.9M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $2.3M Management & general 24% · $701K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

5 people listed on the 990; $152K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Superintendent
$152,464Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Dr Shalen Bishop’s $227K as Executive Director is at the 46th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dr Shalen Bishop$227,446$209,347$196,873$160,869$152,464—
Sabrina Ciolino$169,774$144,666$120,357$100,165——
Joshua Valdivia$135,715—————
Laura Dinanno$121,754—————
Allison Cordero$119,934—————
Irene Hsieh$118,395—————
Esther Lee$109,900—————
Kyle McKoy$108,963—————

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.

See Peak Prep Pleasant Valley executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates students from transitional kindergarten through 12th grade.

Questions for Peak Prep Pleasant Valley

Tap to ask. Peak Prep Pleasant Valley sees how many people are interested.

Your first name shows with your question. Peak Prep Pleasant Valley answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $2.3M · in their own filed words · FY2020
01

Peak prep pleasant valley is an accredited, tuition-free TK-12 public online school in california that uses innovative technology to help students thrive in their schoolwork and life. At peak prep, we empower students to be their best by enabling them to learn in ways that are right for them at home, at their proper level, and at their…

$2.3Mprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$2.6M
Ln 12
Gifts and grantsLn 1h$2.6M
Other incomeLn 4–11$22K
Investment incomeLn 3$8K
Money outPt IX
$3.0M
Ln 25
Programscol B$2.3M
Managementcol C$701K
Owns and owesPt X
$90K
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$2.4M
LiabilitiesLn 26$2.3M
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.6M
Government grantsLn 1e$2.6M
Investment incomeLn 3$8K
Other incomeLn 4–11$22K
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
CashLn 1$6K
SavingsLn 2$1.6M
Cash and savings togetherLn 1–2$1.6M
Total assetsLn 16$2.4M
LiabilitiesLn 26$2.3M
Net assetsLn 32$90K
OperationsPt I, VI
EmployeesI 549
VolunteersI 63
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.3M$1.6M
Total assetsLn 16$2.1M$2.4M
LiabilitiesLn 26$1.7M$2.3M
Net assetsLn 32$441K$90K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$186K$186K
Other salaries and wagesLn 7$1.7M$1.4M$331K
Pension plan contributionsLn 8$5K$4K$944
Other employee benefitsLn 9$194K$150K$43K
Payroll taxesLn 10$134K$107K$26K
Legal feesLn 11b$25K$25K
Accounting feesLn 11c$221K$221K
Other fees for servicesLn 11g$167K$138K$29K
Office expensesLn 13$7K$7K
OccupancyLn 16$13K$13K
TravelLn 17$4K$1K$3K
InsuranceLn 23$14K$5K$9K
Other expenses (24a–d)Ln 24$309K$309K
Total functional expensesLn 25$3.0M$2.3M$701K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $13.0M$12.6M$449K$2.9M 990 PDF
FY2024 $6.9M$6.9M−$58K$2.4M 990 PDF
FY2023 $5.5M$4.9M$542K$2.5M 990 PDF
FY2022 $5.2M$3.4M$1.8M$1.9M 990 PDF
FY2021 Viewing $2.6M$3.0M−$351K$90K 990 PDF
FY2020 $3.1M$2.7M$441K$441K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $2,623,781 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,105,538$2,593,798
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,802$7,811
I-11 Other revenuePrior year $233$22,172
I-12 Total revenuePrior year $3,107,573$2,623,781
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,629,218$2,214,075
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,037,845$760,261
I-18 Total expensesPrior year $2,667,063$2,974,336
I-19 Revenue less expensesPrior year $440,510−$350,555
Part VI · Governance 4 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,623,781 across 5 lines filed
VIII-1e Government grants$2,593,798
VIII-1h Total contributions, gifts and grants$2,593,798
VIII-3 Investment incomeExcluded from tax $7,811$7,811
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $22,172$22,172
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $29,983$2,623,781
Part IX · Statement of functional expenses $2,974,336 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $185,940$185,940
IX-7 Other salaries and wagesPrograms $1,365,492 · Management $330,572$1,696,064
IX-8 Pension plan contributionsPrograms $3,848 · Management $944$4,792
IX-9 Other employee benefitsPrograms $150,369 · Management $43,274$193,643
IX-10 Payroll taxesPrograms $107,300 · Management $26,336$133,636
IX-11b Legal feesManagement $24,848$24,848
IX-11c Accounting feesManagement $220,808$220,808
IX-11g Other fees for servicesPrograms $138,226 · Management $29,229$167,455
IX-13 Office expensesPrograms $7,468$7,468
IX-16 OccupancyManagement $12,875$12,875
IX-17 TravelPrograms $1,486 · Management $2,956$4,442
IX-23 InsurancePrograms $4,528 · Management $9,005$13,533
IX-24 Other expenses (24a–d)Programs $308,832$308,832
IX-25 Total functional expensesPrograms $2,273,489 · Management $700,847 · Fundraising $0$2,974,336
Part X · Balance sheet $2,351,906 assets, 11 lines filed
X-1 Cash, non-interest-bearing$5,916
X-2 Savings and temporary cash investmentsStart of year $1,266,336$1,577,953
X-3 Pledges and grants receivableStart of year $853,907$724,055
X-9 Prepaid expenses and deferred charges$43,982
X-16 Total assetsStart of year $2,120,243$2,351,906
X-17 Accounts payable and accrued expensesStart of year $1,679,733$2,261,951
X-26 Total liabilitiesStart of year $1,679,733$2,261,951
X-27 Net assets without donor restrictionsStart of year $440,510−$33,001
X-28 Net assets with donor restrictions$122,956
X-32 Total net assets or fund balancesStart of year $440,510$89,955
X-33 Total liabilities and net assetsStart of year $2,120,243$2,351,906
Part XI · Reconciliation of net assets $89,955 net assets at year end
XI-1 Total revenue$2,623,781
XI-2 Total expenses$2,974,336
XI-3 Revenue less expenses−$350,555
XI-4 Net assets at start of year$440,510
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$89,955

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.