Baypoint Preparatory Academy
- Assets
- $2.9m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 84
- Location
- San Marcos, CA
- Founding
- 06/2017
- Data as of
- 06/2021
- EIN
- 47-4018061
Organization Overview
Baypoint Preparatory Academy is located in San Marcos, CA. The organization was established in 2017. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Baypoint Preparatory Academy employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baypoint Preparatory Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Baypoint Preparatory Academy generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BAYPOINT PREPARATORY ACADEMY IS A CHARTER SCHOOL SERVING KINDERGARTEN TO 8TH GRADE STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATES A CHARTER SCHOOL SERVING K-12 OPEN TO THE SURROUNDING COMMUNITY. BPA IS COMMITTED TO PROVIDING AN INTIMATE, FRIENDLY ACADEMIC ENVIRONMENT THAT RECOGNIZES AND VALUES A STUDENT'S UNIQUE LEARNING PROFILE, DEFINES CLEAR EXPECTATIONS, SETS APPROPRIATE YET CHALLENGING GOALS, AND CELEBRATES THE ACHIEVEMENT OF THESE GOALS. DURING THE YEAR ENDED JUNE 30, 2021, THE SCHOOL SERVED APPROXIMATELY 151 STUDENTS AND HAD A TOTAL OF 179 INSTRUCTIONAL DAYS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Ogwaro Chief Executive Officer | Officer | 40 | $150,000 |
Nathan Limjoco Board Chair | OfficerTrustee | 1 | $0 |
Nicole Yargeau Treasurer | OfficerTrustee | 1 | $0 |
Stephanie Long Secretary | OfficerTrustee | 1 | $0 |
Tuesday Gray Treasurer | OfficerTrustee | 1 | $0 |
Reyna Gomez Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cornerstone Church Rents | 6/29/21 | $250,148 |
520 E Carmel Drive Llc Rents | 6/29/21 | $403,348 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,951,851 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,951,851 |
| Total Program Service Revenue | $0 |
| Investment income | $4,978 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,973,711 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $158,815 |
| Compensation of current officers, directors, key employees. | $25,410 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $762,319 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $160,170 |
| Payroll taxes | $68,208 |
| Fees for services: Management | $14,615 |
| Fees for services: Legal | $14,418 |
| Fees for services: Accounting | $20,370 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $130,250 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $7,382 |
| Royalties | $0 |
| Occupancy | $715,406 |
| Travel | $394 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,483 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $81,363 |
| Insurance | $35,911 |
| All other expenses | $70,969 |
| Total functional expenses | $2,299,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $831,191 |
| Savings and temporary cash investments | $43,002 |
| Pledges and grants receivable | $862,528 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $45,977 |
| Net Land, buildings, and equipment | $1,047,006 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $51,418 |
| Total assets | $2,881,122 |
| Accounts payable and accrued expenses | $784,033 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $834,650 |
| Other liabilities | $242,382 |
| Total liabilities | $1,861,065 |
| Net assets without donor restrictions | $971,798 |
| Net assets with donor restrictions | $48,259 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,881,122 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Baypoint Preparatory Academy has recieved totaling $131.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $131 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Partnerships To Uplift Communities Los Angeles Burbank, CA | $14,420,401 | $24,912,837 |
Literacy First Charter Schools El Cajon, CA | $29,290,072 | $23,446,904 |
Voices College-Bound Language Academies San Jose, CA | $26,350,864 | $21,078,147 |
Santa Rosa Academy Incorporated Menifee, CA | $46,198,054 | $16,730,823 |
Siatech Inc Oceanside, CA | $9,582,548 | $15,818,647 |
Grow Public Schools Bakersfield, CA | $14,803,093 | $23,549,288 |
Natomas Charter School Sacramento, CA | $32,806,693 | $20,875,289 |
Arizona Community Development Corporation Tucson, AZ | $20,473,547 | $20,902,974 |
Vista Charter Public Schools Los Angeles, CA | $62,725,425 | $20,964,484 |
Roseland Charter School Santa Rosa, CA | $53,872,700 | $25,562,169 |
Ofl William S Hart Inc Pasadena, CA | $11,952,405 | $20,153,084 |
New Designs Charter School Los Angeles, CA | $56,545,069 | $20,507,111 |