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Ilead California Charters 1

Acton, CA · EIN 47-4286845 · 501(c)(3) · Supporting organization, Type I
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Ilead California Charters 1 reported $58.9 million in revenue and $58.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.87 went to program services, $8.13 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 90.8% of the total. Government grants made up 90.7%. The highest compensation it reported for one person was $328,237 (EXECUTIVE DIRECTOR/CEO). 37 people received more than $100,000 in reportable compensation. Revenue rose 69% 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 $58M

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 $59M

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)
91.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%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
90.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
90.7%1.1%
Program service revenue share
Part VIII 2g ÷ 12
8.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$328,237$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.57%1.28%
People paid over $100,000
Part VII, line 2
378
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.513.3
Independent voting board members
Part VI 1a–1b
4 of 4100.0%

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
$53M expenses · 100.0% of program spending · revenue $5.2M

Ilead California charter school serves students in kindergarten through 12th grade. Ilead strives to teach life-long values and encourage leadership not just as a part of a career track but by instilling in each learner the confidence and character that inspire others. Though innovative teachings and porject-based learnings, ilead's mission is to inspire students to think and lead

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
EXECUTIVE DIRECTOR/CEO
Officer, 40.00 hrs/week
$268,695$0$59,542$328,237
CHIEF BUSINESS OFFICER
Key employee, 40.00 hrs/week
$201,263$0$68,468$269,731
CHIEF INTEGRATION OFFICER
Key employee, 40.00 hrs/week
$195,088$0$37,262$232,350
DIRECTOR OF FINANCIAL SYSTEMS/OPERATIONS
Highest compensated employee, 40.00 hrs/week
$140,561$0$47,577$188,138
EXECUTIVE DIRECTOR OF DEVELOPMENT
Key employee, 40.00 hrs/week
$156,739$0$30,558$187,297
DIRECTOR OF LEARNING SUPPO
Highest compensated employee, 40.00 hrs/week
$137,725$0$45,620$183,345
SCHOOL DIRECTOR
Key employee, 40.00 hrs/week
$152,913$0$29,206$182,119
SCHOOL DIRECTOR
Highest compensated employee, 40.00 hrs/week
$143,783$0$36,114$179,897

37 people received more than $100,000 in reportable compensation from Ilead California Charters 1 (Part VII, line 2). Compensation of current officers, directors and key employees totaled $267K (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$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$59M$58M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$59M$58M91.9%$22M$328,237
FY2024 ⓘ$57M$51M91.6%$21M$304,938
FY2023 ⓘ$51M$46M92.1%$15M$248,315
FY2022 ⓘ$50M$45M90.6%$10.0M$274,756
FY2021 (amended) ⓘ$46M$43M80.1%$5.7M$208,363
FY2020 ⓘ$35M$35M81.6%$1.8M$187,605

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–1b4 · 4 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 5548
  • Volunteers Part I, line 65

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
JOOBILO LLC
Educational services
$335,414
APLUS TUTORING INC
Tutoring services
$319,687
AACA REL
Rents
$317,303
CASTAIC CREEK PLAZA LLC
Rents
$234,295
MELLADY DIRECT MARKETING
Marketing services
$207,927

Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Ilead California Charters 1's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Ilead California Charters 1, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in California

Questions people ask

How much of Ilead California Charters 1's spending goes to programs?

In the fiscal year ending June 30, 2025, Ilead California Charters 1 reported that 91.9% of its $58.1 million in expenses went to program services, 8.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Ilead California Charters 1 pay its top executive?

The largest total compensation Ilead California Charters 1 reported for one person in the fiscal year ending June 30, 2025 was $328,237, for the role of EXECUTIVE DIRECTOR/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Ilead California Charters 1 get its money?

Of $58.9 million in revenue in the fiscal year ending June 30, 2025, 90.8% came from contributions and grants (including 90.7% from government grants) and 8.8% from program service revenue (Form 990, Part VIII).

Is Ilead California Charters 1 a registered charity?

The IRS lists EIN 47-4286845 as a 501(c)(3) organization (supporting organization, type i), 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 202621349349307387 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349316346 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349315782 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311299349304761 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021 (amended), object 202301369349302955 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121379349311767 · read the filing

All filings for EIN 47-4286845: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.