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The Academies Charter Management Organization

Visalia, CA · EIN 37-1638700 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Academies Charter Management Organization reported $11.6 million in revenue and $11.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.17 went to program services, $8.69 to management and general costs and $0.14 to fundraising. Its largest source of revenue was contributions and grants: 98.4% of the total. Government grants made up 96.9%. The highest compensation it reported for one person was $234,807 (SUPERINTENDENT). 12 people received more than $100,000 in reportable compensation. Revenue rose 97% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $11M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.2%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
98.4%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
96.9%1.1%
Program service revenue share
Part VIII 2g ÷ 12
1.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$234,807$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.09%1.28%
People paid over $100,000
Part VII, line 2
128
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.513.3
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$10M expenses · 100.0% of program spending · revenue $162K

Operation of two tuition-free tk-8 public charter schools in visalia: sycamore valley academy and blue oak academy. Our schools offer a site-based, academically accelerated instructional program with multi-age grouping, differentiation, project-based learning ("pbl"), gifted education for all students, development of scholarly habits of mind, enriched curriculum (including spanish language, hands-on science, service-learning, and arts instruction), social and emotional learning ("sel"), authentic assessment, mastery orientation, and collaboration in the whole school community. We support the…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
SUPERINTENDENT
Officer, 40.00 hrs/week
$187,519$0$47,288$234,807
PRINCIPAL, SVA
Key employee, 40.00 hrs/week
$151,163$0$39,547$190,710
PRINCIPAL, BOA
Highest compensated employee, 40.00 hrs/week
$146,235$0$28,660$174,895
DIRECTOR OF SPED
Highest compensated employee, 40.00 hrs/week
$141,138$0$26,013$167,151
TEACHER
Highest compensated employee, 40.00 hrs/week
$113,687$0$31,369$145,056
INSTRUCTIONAL COACH
Highest compensated employee, 40.00 hrs/week
$113,153$0$31,331$144,484
INSTRUCTIONAL COACH
Highest compensated employee, 40.00 hrs/week
$117,618$0$21,944$139,562

12 people received more than $100,000 in reportable compensation from The Academies Charter Management Organization (Part VII, line 2). Compensation of current officers, directors and key employees totaled $186K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$12M$11M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$11M91.2%$4.2M$234,807
FY2024 ⓘ$11M$11M87.6%$3.8M$215,512
FY2023 ⓘ$9.3M$8.6M88.6%$3.3M$187,613
FY2022 ⓘ$7.9M$7.6M83.1%$2.6M$180,601
FY2021 ⓘ$7.6M$6.6M80.9%$2.3M$169,548
FY2020 ⓘ$5.9M$5.9M82.7%$1.4M$118,769

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5213
  • Volunteers Part I, line 6382

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
VERTEX EDUCATION (PREVIOUSLY EDTEC)
Business services
$192,053
PRESENCELEARNING INC
Therapy services
$172,470

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to The Academies Charter Management Organization totaling $718 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Academies Charter Management Organization's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Academies Charter Management Organization, you can publish a response that is linked from this page.

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Questions people ask

How much of The Academies Charter Management Organization's spending goes to programs?

In the fiscal year ending June 30, 2025, The Academies Charter Management Organization reported that 91.2% of its $11.2 million in expenses went to program services, 8.7% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does The Academies Charter Management Organization pay its top executive?

The largest total compensation The Academies Charter Management Organization reported for one person in the fiscal year ending June 30, 2025 was $234,807, for the role of SUPERINTENDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Academies Charter Management Organization get its money?

Of $11.6 million in revenue in the fiscal year ending June 30, 2025, 98.4% came from contributions and grants (including 96.9% from government grants) and 1.4% from program service revenue (Form 990, Part VIII).

Is The Academies Charter Management Organization a registered charity?

The IRS lists EIN 37-1638700 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611149349302006 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202510669349300841 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400949349301900 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331159349301588 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231029349301443 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110589349300306 · read the filing

All filings for EIN 37-1638700: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.