Fresno Innovative Charter School Inc

Nonprofit profile at a glance

EIN
272793061
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Fresno, CA, USA
Phone
5592487060
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Charter Schools

Official website

Reported finances

Revenue
$4,301,796
Expenses
$4,249,033
Assets
$8,471,250
Liabilities
$1,222,248

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

Leadership & pay

9 people listed

Executive titles in this filing

  • CHRIS DE LA CERDA (PRESIDENT/COMMUNITY MEMBER)
  • JEANNE ARIAS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JEANNE ARIAS (EXECUTIVE DIRECTOR): $166,548 total reported compensation
  • REBECCA TREVINO (DIRECTOR): $146,021 total reported compensation

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

Overview

Mission

Dailey elementary charter school aims to develop and foster internationally minded students through the implemenation of the ib primary years program, in conjunction with the common core state standards. As part of the k-12 continuum, students will be equipped with the critical life skills necessary for college and future global opportunities. Students are given opportunities to make a personal connection with the ib concepts, and are inspired to take action within their local and global communities.

What it reported doing in 2024

Dailey elementary charter school implements the international baccalaureate primary years program (pyp). Pyp incorporates the best educational practices from throughout the world. Its premise is based on conceptual, inquiry-based units of instruction which focused on structured questioning, methods that promote high-level questioning and global mindedness that encourages and enhances a child's natural curiosity. The pyp provides an opportunity for learners to construct meaning, principally through concept-driven inquiry. Traditional academic subjects are part of the program; however, an emphasis is on the interrelatedness of knowledge and skills through a transdisciplinary program of inquiry. The pyp focuses on the heart, as well as the mind, and addresses social, physical, emotional and cultural needs as well as academic ones. Through a comprehensive and balanced curricula coupled with challenging summative assessments, dailey develops the individual talents of young people and teachers them to relate the experiences of the classroom, to the realities of the world outside. Beyond intellectual rigor and high academic standards, strong emphasis is lace in the ideals of internation understanding and responsible citizenship.

Operating model

Revenue model
Grant-funded. 100% 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. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81%; rating input score 81
  • Program expense ratio: 82%; rating input score 82
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd 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: 1.2%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 1.99; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 51; 51st percentile among comparable filings
  • Officer compensation ratio: 7.4%; rating input score 40; 40th percentile among comparable filings

Growth

  • Program expense growth: 6.1% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 9.7% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 81% of revenue deployed · 82% of spending went to programs
  • Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.5M in reported program spending
  • Leadership: top reported pay $167K · 9 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Moderate — Sustainability: Operating margin scored 38/100.
  • Moderate — Sustainability: Officer compensation ratio scored 40/100.
  • Review — Sustainability: Liabilities to assets ratio scored 51/100.