Feather River Charter School
Nonprofit profile at a glance
- EIN
- 821791738
- IRS 990 coverage
- 2017–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- Meridian, CA, US
- Phone
- (916) 957-5781
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $41,345,982
- Expenses
- $35,770,409
- Assets
- $23,611,263
- Liabilities
- $7,757,329
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- JUINA CARTER (PRESIDENT)
- JENELL SHERMAN (EXECUTIVE DIRECTOR)
Highest reported compensation
- MEGAN NASON (DIRECTOR OF SPECIAL EDUCATION): $230,545 total reported compensation
- ALLISON SUYDAM (DIRECTOR OF SCHOOLS): $215,521 total reported compensation
- CLAIRE WALKER (DIRECTOR OF VIRTUAL ACADAMIES): $207,268 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 are a tuition-free, public charter school serving transitional kindergarten through 12th grade students. We provide a dynamic, individualized learning experience integrating family, education and real-life experiences to empower learners of all ages.
What it reported doing in 2024
Feather river charter school is a tuition-free, public charter school serving transitional kindergarten through 12th grade students. We provide a dynamic, individualized learning experience integrating family, education and real-life experiences to empower learners of all ages. In collaboration with highly-qualified credentialed teachers, families carefully select curriculum, technology items, and supplemental enrichment materials from a pre-approved list. We are proud to offer a wide range of field trips, enrichment classes, and community events to help students reach their educational goals.
Operating model
- Revenue model
- Grant-funded. 93% 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
SUPPORTED - 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 liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 71
- Accountability: 100
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.6%; rating input score 81
- Program expense ratio: 93.2%; rating input score 93
- 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: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: 13.5%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 0.66; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0.33; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 4.8%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 17.1% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 16.3% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 24.1% per year; rating input score 100; 93rd percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 7 operating locations identified
- Where the money goes: 80.6% of revenue deployed · 93.2% of spending went to programs
- Governance: 3 of 3 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $33.3M in reported program spending
- Leadership: top reported pay $231K · 13 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $4.4M reported
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 6 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 9 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 23/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.
- Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.