Courtyard Private School FY2020 filing

Tax-deductible

Sacramento, CA501(c)(3)EducationEIN 94-2796280Revenue $1.5M in FY2020

On file with the IRScourtyard.org205 24th St, 95816-3015 · Sacramento, CATax-exempt since Dec 1982School — 170(b)(1)(A)(ii)

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Courtyard School is a private, non-profit, independent elementary school that has served the greater Sacramento community for over 25 years. We provide a complete elementary school program for students in Transitional Kindergarten, Kindergarten, and Grades one through Eight. Our school serves a socio-economically and culturally diverse student population and is recognized for the strong community that bonds our families together. Courtyard currently provides services to approximately 150 students per year.

501(c)(3) charity; gifts are tax-deductible.
55¢ of each $1 spent went to programs.
$80K 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

FY2020 · 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
3 of 6
filings with a surplus
Average deficit $21K a year · 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
55%
of spending
Worth a look: 55% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$80K
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
5 mo
of spending, in cash
Looks good: 4.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $589
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.3M
99% of total assets
Concern: liabilities are 99% of assets; over 80%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
Spent
$1.5M
To programs
55%
Net assets
$13K
By yearFY2020–FY2025
Revenue
$1.5M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$1.6M
FY2022$2.0M
FY2023$1.7M
FY2024$2.0M
FY2025$2.2M
Expenses
$1.5M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$1.7M
FY2022$1.8M
FY2023$1.9M
FY2024$2.1M
FY2025$2.2M
Net assets
$13K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$13K
FY2021−$4K
FY2022$179K
FY2023−$19K
FY2024−$211K
FY2025−$196K

From the FY2020 Form 990 (year ending August 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 Dec 1982.

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

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $806K Management & general 45% · $656K Fundraising 0% · $917

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

13 people listed on the 990; $80K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$80,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Melissa Krause’s $97K as CEO/Principal is at the 29th 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Melissa Krause$97,056$94,031$89,240$88,000$80,000$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.

See Courtyard Private School executive salaries →

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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 15aYes

Programs and updates

Educates diverse elementary students from Transitional Kindergarten through eighth grade.

Provided by the organization

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1 program · $806K · in their own filed words · FY2019
01

Courtyard School is a private, non-profit, independent elementary school that has served the greater Sacramento community for over 25 years. We provide a complete elementary school program for students in Transitional Kindergarten, Kindergarten, and Grades one through eighth.

$806Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$589

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Fees for servicesLn 2g$1.5M
Other incomeLn 4–11$65K
Gifts and grantsLn 1h$10K
Money outPt IX
$1.5M
Ln 25
Programscol B$806K
Managementcol C$656K
Fundraisingcol D$917
Owns and owesPt X
$13K
net assets · Ln 32
Cash and savingsLn 1–2$598K
Total assetsLn 16$2.3M
LiabilitiesLn 26$2.3M
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10K
Government grantsLn 1e$10K
Fees for servicesLn 2g$1.5M
Other incomeLn 4–11$65K
Gains on assetsLn 7$0
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$598K
SavingsLn 2$0
Cash and savings togetherLn 1–2$598K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.6M
Other assetsLn 15$86K
Total assetsLn 16$2.3M
LiabilitiesLn 26$2.3M
Net assetsLn 32$13K
OperationsPt I, VI
EmployeesI 531
Fiscal year endsHeaderAugust
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 FY20End FY20
Cash and savingsLn 1–2$347K$598K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.7M$1.6M
Total assetsLn 16$2.2M$2.3M
LiabilitiesLn 26$2.2M$2.3M
Net assetsLn 32−$69K$13K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$764K$573K$190K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$18K$9K$10K
Other employee benefitsLn 9$68K$51K$17K
Payroll taxesLn 10$68K$51K$17K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$14K$14K
Office expensesLn 13$25K$25K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$151K$151K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$73K$73K
InsuranceLn 23$31K$31K
Other expenses (24a–d)Ln 24$171K$82K$89K
All other expensesLn 24e$79K$25K$54K$917
Total functional expensesLn 25$1.5M$806K$656K$917

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.2M$2.2M$15K−$196K 990 PDF
FY2024 $2.0M$2.1M−$191K−$211K 990 PDF
FY2023 $1.7M$1.9M−$198K−$19K 990 PDF
FY2022 $2.0M$1.8M$183K$179K 990 PDF
FY2021 $1.6M$1.7M−$18K−$4K 990 PDF
FY2020 Viewing $1.5M$1.5M$82K$13K 990 PDF

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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 FY2020 990 (6 parts)
Part I · Summary $1,545,016 revenue, 12 lines filed
I-8 Contributions and grants$10,000
I-9 Program service revenuePrior year $1,197,412$1,469,739
I-10 Investment income$0
I-11 Other revenuePrior year $34,515$65,277
I-12 Total revenuePrior year $1,231,927$1,545,016
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $978,249$918,159
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $619,772$544,638
I-18 Total expensesPrior year $1,598,021$1,462,797
I-19 Revenue less expensesPrior year −$366,094$82,219
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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 $1,545,016 across 9 lines filed
VIII-1e Government grants$10,000
VIII-1h Total contributions, gifts and grants$10,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,469,739$1,469,739
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising eventsExcluded from tax $39,843$65,277
VIII-12 Total revenueRelated to mission $1,469,739 · Excluded from tax $39,843$1,545,016
Part IX · Statement of functional expenses $1,462,797 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $573,327 · Management $190,191$763,518
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributionsPrograms $8,700 · Management $9,600$18,300
IX-9 Other employee benefitsPrograms $51,297 · Management $17,017$68,314
IX-10 Payroll taxesPrograms $51,081 · Management $16,946$68,027
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $13,803$13,803
IX-13 Office expensesManagement $25,188$25,188
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $151,186$151,186
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $72,769$72,769
IX-23 InsuranceManagement $31,044$31,044
IX-24 Other expenses (24a–d)Programs $82,344 · Management $88,904$171,248
IX-24e All other expensesPrograms $24,974 · Management $53,509 · Fundraising $917$79,400
IX-25 Total functional expensesPrograms $805,526 · Management $656,354 · Fundraising $917$1,462,797
Part X · Balance sheet $2,311,306 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $346,857$597,950
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $8,147$300
X-10c Land, buildings and equipment, netStart of year $1,699,534$1,626,764
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $96,644$86,292
X-16 Total assetsStart of year $2,151,182$2,311,306
X-17 Accounts payable and accrued expensesStart of year $2,765$15,089
X-19 Deferred revenueStart of year $287,126$379,205
X-26 Total liabilitiesStart of year $2,219,919$2,297,824
X-27 Net assets without donor restrictionsStart of year −$68,737$13,482
X-32 Total net assets or fund balancesStart of year −$68,737$13,482
X-33 Total liabilities and net assetsStart of year $2,151,182$2,311,306
Part XI · Reconciliation of net assets $13,482 net assets at year end
XI-1 Total revenue$1,545,016
XI-2 Total expenses$1,462,797
XI-3 Revenue less expenses$82,219
XI-4 Net assets at start of year−$68,737
XI-10 Net assets at end of year$13,482

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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