Clarksville Charter School

Nonprofit profile at a glance

EIN
821736597
IRS 990 coverage
2017–2024
Official website data refreshed
Aug 2026
Forms available
Form 990 2024
Location
El Dorado Hills, CA, US
Phone
(916) 957-5802
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$35,975,184
Expenses
$33,178,816
Assets
$16,201,059
Liabilities
$5,072,395

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • KELLEY LALIBERTE (PRESIDENT)
  • JENELL SHERMAN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JENELL SHERMAN (EXECUTIVE DIRECTOR): $287,209 total reported compensation
  • DR AMANDA FERNANDEZ (CHIEF FISCAL OFFICER): $252,525 total reported compensation
  • MARCI BOYD (DIRECTOR OF INSTRUCTION): $224,487 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We seek to develop the individual gifts of students and to support them in becoming critical thinkers, responsible citizens, and innovative leaders that are prepared for academic and real-life success in the 21st century.

What it reported doing in 2024

We are a tuition-free, public charter school serving transitional kindergarten through 12th grade homeschool students in el dorado, amador, alpine, sacramento and placer counties. At clarksville charter school, we believe in providing an education suited the unique needs and aspirations of every student. We are an independent study school dedicated to empowering students to chart their own educational journey from the comfort of their homes. Our credentialed staff partners closely with students and parents to create personalized learning plans that foster curiosity, creativity, and success.

Operating model

Revenue model
Grant-funded. 91% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 71
  • Accountability: 100
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.7%; rating input score 88
  • Program expense ratio: 95.1%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.8%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 0.49; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0.31; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 6.6%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: 24.7% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 23.8% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 27.9% per year; rating input score 100; 95th percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site · 5 operating locations identified
  • Where the money goes: 87.7% of revenue deployed · 95.1% of spending went to programs
  • Governance: 4 of 4 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $31.6M in reported program spending
  • Leadership: top reported pay $287K · 15 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4.6M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.
  • Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.