Mission Vista Academy
- Assets
- $16.6m
- Revenue
- $51.2m
- Investments
- $0.0
- Employees
- 324
- Location
- Beaumont, CA
- Founding
- 10/2019
- Data as of
- 06/2022
- EIN
- 83-3785573
Organization Overview
Mission Vista Academy is located in Beaumont, CA. The organization was established in 2019. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Mission Vista Academy employed 324 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mission Vista 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 06/2022, Mission Vista Academy generated $51.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $46.1m during the year ending 06/2022. While expenses have increased by 11.2% per year over the past 3 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
2022
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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika Vanderspek Director | Trustee | 40 | $0 |
Amy Davis Director | Officer | 40 | $196,748 |
Lauren Hoxmeier | 40 | $143,511 | |
Courtney Bostock | 40 | $133,887 | |
Jose Iniguez | 40 | $122,355 | |
Elizabeth Palmiter | 40 | $130,548 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $51,176,510 |
| All other contributions, gifts, grants, and similar amounts not included above | $617 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,177,127 |
| Total Program Service Revenue | $0 |
| 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 | $51,177,127 |
| 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. | $196,748 |
| Compensation of current officers, directors, key employees. | $196,748 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,821,969 |
| Pension plan accruals and contributions | $4,317,876 |
| Other employee benefits | $2,211,066 |
| Payroll taxes | $781,291 |
| Fees for services: Management | $930,446 |
| Fees for services: Legal | $123,588 |
| Fees for services: Accounting | $12,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,026,875 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $69,639 |
| Royalties | $0 |
| Occupancy | $212,010 |
| Travel | $36,696 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,192 |
| Insurance | $313,548 |
| All other expenses | $322,035 |
| Total functional expenses | $46,089,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,487,950 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,198,495 |
| 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 | $644,104 |
| Net Land, buildings, and equipment | $101,617 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $140,000 |
| Total assets | $16,572,166 |
| Accounts payable and accrued expenses | $2,335,387 |
| Grants payable | $0 |
| Deferred revenue | $1,198,051 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,533,438 |
| Net assets without donor restrictions | $12,110,765 |
| Net assets with donor restrictions | $927,963 |
| 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 | $16,572,166 |