Inspire Charter School - Kern
- Assets
- $9.1m
- Revenue
- $40.7m
- Investments
- $0.0
- Employees
- 395
- Location
- Duarte, CA
- Founding
- 03/2018
- Data as of
- 06/2018
- EIN
- 82-1850228
Organization Overview
Inspire Charter School - Kern is located in Duarte, CA. The organization was established in 2018. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2018, Inspire Charter School - Kern employed 395 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inspire Charter School - Kern is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A HIGH STANDARD OF EDUCATION TO STUDENTS THROUGH COMPREHENSIVE CURRICULUM SUPPORTED BY ENERGETIC, DYNAMIC, AND CARING TEACHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A VIRTUAL CURRICULUM MODEL THAT EMPHASIZES MEETING INDIVIDUAL STUDENTS' NEEDS FOR MEETING THE CALIFORNIA COMMON CORE STATE STANDARDS FOR THEIR GRADE LEVEL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rupinder Boyd Teacher | 40 | $196,169 | |
Cristino Alcala Teacher | 40 | $178,739 | |
Courtney Mccorkle Director | Trustee | 40 | $166,420 |
Christina M Navarro-Cabero Teacher | 40 | $138,195 | |
Courtney Bostock Teacher | 40 | $114,473 | |
Julie Robinson Teacher | 40 | $112,529 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,732,042 |
| Investment income | $0 |
| 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 | $40,732,042 |
| Statement of Expenses | |
|---|---|
| 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. | $166,420 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,392,690 |
| Pension plan accruals and contributions | $1,924,450 |
| Other employee benefits | $3,012,984 |
| Payroll taxes | $261,778 |
| Fees for services: Management | $710,479 |
| Fees for services: Legal | $51,447 |
| Fees for services: Accounting | $7,837 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,748,118 |
| Advertising and promotion | $0 |
| Office expenses | $111,310 |
| Information technology | $7,962 |
| Royalties | $0 |
| Occupancy | $122,206 |
| Travel | $49,030 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $61,345 |
| Interest | $2,305,307 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $118,071 |
| All other expenses | $0 |
| Total functional expenses | $37,694,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,599 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,372,443 |
| 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 | $306,268 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $201,000 |
| Total assets | $9,096,310 |
| Accounts payable and accrued expenses | $3,896,695 |
| 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 | $8,800,299 |
| Other liabilities | $0 |
| Total liabilities | $12,696,994 |
| Net assets without donor restrictions | -$3,600,684 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | -$3,600,684 |
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