Operation of a charter school offering a classical education

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$125K 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

FY2025 · 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 5
filings with a surplus
Average surplus $125K a year · 5% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$125K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $642K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$377K
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.3M
+29% vs prior year
Spent
$5.9M
To programs
84%
Net assets
$626K
By yearFY2021–FY2025
Revenue
$6.3M
FY2025▲ +29%
Tap a bar for its year
Revenue by fiscal year
FY2021$38K
FY2022$561K
FY2023$193K
FY2024$4.9M
FY2025$6.3M
Expenses
$5.9M
FY2025▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2021$13K
FY2022$99K
FY2023$507K
FY2024$4.8M
FY2025$5.9M
Net assets
$626K
FY2025▲ +200%
Tap a bar for its year
Net assets by fiscal year
FY2021$25K
FY2022$488K
FY2023$174K
FY2024$208K
FY2025$626K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

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

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $4.9M Management & general 16% · $935K

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

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Who runs it and what they're paid

7 people listed on the 990; $125K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Head of School
$125,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ronald Garcia’s $125K as Head of School is at the 49th percentile of top reported officer pay among 3395 $1–10M 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 · 2 named individuals · Part VII

NameFY2025FY2024
Ronald Garcia$125,000—
Kevin Jones—$80,000

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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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 15aNo

Programs and updates

Operates a charter school providing a classical education.

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Provided by the organization

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1 program · $4.9M · in their own filed words · FY2024
01

Operation of a charter school offering a classical education.

$4.9Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$642K
See all 3 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$6.3M
Ln 12
Gifts and grantsLn 1h$6.1M
Fees for servicesLn 2g$105K
Other incomeLn 4–11$65K
Money outPt IX
$5.9M
Ln 25
Programscol B$4.9M
Managementcol C$935K
Owns and owesPt X
$626K
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$1.0M
LiabilitiesLn 26$377K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.1M
Government grantsLn 1e$5.7M
Fees for servicesLn 2g$105K
Other incomeLn 4–11$65K
Total revenueLn 12$6.3M
Assets in detailPt X, end of year
CashLn 1$1.0M
Cash and savings togetherLn 1–2$1.0M
Total assetsLn 16$1.0M
LiabilitiesLn 26$377K
Net assetsLn 32$626K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$467K$1.0M
Total assetsLn 16$467K$1.0M
LiabilitiesLn 26$258K$377K
Net assetsLn 32$208K$626K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$2.5M$2.0M$478K
Pension plan contributionsLn 8$26K$26K
Other employee benefitsLn 9$309K$268K$41K
Payroll taxesLn 10$186K$153K$33K
Management feesLn 11a$6K$6K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$314K$223K$91K
Advertising and promotionLn 12$18K$18K
Office expensesLn 13$841$841
Information technologyLn 14$1K$1K
OccupancyLn 16$1.7M$1.7M
TravelLn 17$26K$4K$22K
InsuranceLn 23$100K$100K
Other expenses (24a–d)Ln 24$530K$516K$15K
All other expensesLn 24e$184K$61K$122K
Total functional expensesLn 25$5.9M$4.9M$935K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $6.3M$5.9M$418K$626K 990 PDF
FY2024 $4.9M$4.8M$35K$208K 990 PDF
FY2023 $193K$507K−$314K$174K 990 PDF
FY2022 $561K$99K$463K$488K 990 PDF
FY2021 $38K$13K$25K$25K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $6,284,622 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,771,514$6,114,977
I-9 Program service revenuePrior year $71,324$104,529
I-10 Investment income$0
I-11 Other revenuePrior year $29,240$65,116
I-12 Total revenuePrior year $4,872,078$6,284,622
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,345,724$2,981,836
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,491,770$2,885,276
I-18 Total expensesPrior year $4,837,494$5,867,112
I-19 Revenue less expensesPrior year $34,584$417,510
Part VI · Governance 6 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $6,284,622 across 7 lines filed
Lines not itemized here account for $14,821 of total revenue; see the IRS return.
VIII-1e Government grants$5,717,029
VIII-1f All other contributions, gifts and grants$397,948
VIII-1h Total contributions, gifts and grants$6,114,977
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $104,529$104,529
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $50,295$50,295
VIII-12 Total revenueRelated to mission $169,645 · Unrelated business $0 · Excluded from tax $0$6,284,622
Part IX · Statement of functional expenses $5,867,112 across 15 lines filed
IX-7 Other salaries and wagesPrograms $1,982,282 · Management $478,385$2,460,667
IX-8 Pension plan contributionsPrograms $26,386$26,386
IX-9 Other employee benefitsPrograms $268,053 · Management $41,073$309,126
IX-10 Payroll taxesPrograms $152,913 · Management $32,744$185,657
IX-11a Management feesManagement $6,000$6,000
IX-11c Accounting feesManagement $7,000$7,000
IX-11g Other fees for servicesPrograms $222,617 · Management $91,077$313,694
IX-12 Advertising and promotionManagement $18,488$18,488
IX-13 Office expensesManagement $841$841
IX-14 Information technologyPrograms $1,458$1,458
IX-16 OccupancyPrograms $1,697,791$1,697,791
IX-17 TravelPrograms $3,559 · Management $22,367$25,926
IX-23 InsuranceManagement $100,229$100,229
IX-24 Other expenses (24a–d)Programs $515,687 · Management $14,629$530,316
IX-24e All other expensesPrograms $61,185 · Management $122,348$183,533
IX-25 Total functional expensesPrograms $4,931,931 · Management $935,181 · Fundraising $0$5,867,112
Part X · Balance sheet $1,003,115 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $466,699$1,003,115
X-16 Total assetsStart of year $466,699$1,003,115
X-17 Accounts payable and accrued expensesStart of year $258,247$352,234
X-25 Other liabilities$24,919
X-26 Total liabilitiesStart of year $258,247$377,153
X-27 Net assets without donor restrictionsStart of year $208,452$625,962
X-32 Total net assets or fund balancesStart of year $208,452$625,962
X-33 Total liabilities and net assetsStart of year $466,699$1,003,115
Part XI · Reconciliation of net assets $625,962 net assets at year end
XI-1 Total revenue$6,284,622
XI-2 Total expenses$5,867,112
XI-3 Revenue less expenses$417,510
XI-4 Net assets at start of year$208,452
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$625,962

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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