Great Valley Academy
- Assets
- $29.9m
- Revenue
- $26.9m
- Investments
- $0.0
- Employees
- 400
- Location
- Modesto, CA
- Founding
- 01/2010
- Data as of
- 06/2023
- EIN
- 61-1506412
Organization Overview
Great Valley Academy is located in Modesto, CA. The organization was established in 2010. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Great Valley Academy employed 400 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Valley 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 06/2023, Great Valley Academy generated $26.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $21.2m during the year ending 06/2023. While expenses have increased by 5.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GREAT VALLEY ACADEMIES CREATE A SAFE, LOVED, LEARNING ENVIRONMENT WHERE ALL STUDENTS DEVELOP FOUNDATIONAL THINKING SKILLS AND POSITIVE CHARACTER TRAITS TO ACHIEVE THEIR GREATEST POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES CLASSROOM BASED INSTRUCTION TO STUDENTS IN GRADES KINDERGARTEN THROUGH 8TH GRADE. THE ORGANIZATION'S INQUIRY-BASED CURRICULUM WILL HELP STUDENTS BECOME SELF-MOTIVATED AND COMPETENT LIFE-LONG LEARNERS WHO ARE CRITICAL THINKERS, DEMONSTRATING CONFIDENCE AND CREATIVITY.
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 |
|---|---|---|---|
Dr Eldon Rosenow Founder | 40 | $166,183 | |
Russel Howell Principal | 40 | $122,920 | |
Michael Ruehle Principal | 40 | $117,919 | |
Leah Franklin CEO | 40 | $119,896 | |
Marisa Jacobson-Meeks COO | Officer | 40 | $101,407 |
Tom Anderson CEO | Officer | 40 | $76,694 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Revolution Foods Lunch Program Food | 6/29/20 | $490,800 |
Rj Inc Carpet/flood Repairs | 6/29/20 | $137,010 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $26,025,914 |
| 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 | $26,025,914 |
| Total Program Service Revenue | $861,431 |
| Investment income | $23,184 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$83,830 |
| Net Income from Fundraising Events | $95,349 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,922,048 |
| 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. | $819,045 |
| Compensation of current officers, directors, key employees. | $282,059 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,102,928 |
| Pension plan accruals and contributions | $1,078,556 |
| Other employee benefits | $1,264,621 |
| Payroll taxes | $395,593 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $118,682 |
| Fees for services: Accounting | $41,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,001,899 |
| Advertising and promotion | $25,116 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $73,993 |
| Travel | $126,997 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $289,358 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $623,196 |
| Insurance | $189,682 |
| All other expenses | $536,201 |
| Total functional expenses | $21,224,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,283,207 |
| Savings and temporary cash investments | $1,049,731 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,228,891 |
| 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 | $127,056 |
| Net Land, buildings, and equipment | $10,906,391 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $280,272 |
| Total assets | $29,875,548 |
| Accounts payable and accrued expenses | $1,932,028 |
| Grants payable | $0 |
| Deferred revenue | $184,165 |
| 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 | $5,247,068 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $707,861 |
| Total liabilities | $8,071,122 |
| Net assets without donor restrictions | $18,067,806 |
| Net assets with donor restrictions | $3,736,620 |
| 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 | $29,875,548 |