Ronald Reagan Charter School
Nonprofit profile at a glance
- EIN
- 261352817
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Wildomar, CA, USA
- Phone
- 9516785217
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $13,877,179
- Expenses
- $12,657,097
- Assets
- $23,850,860
- Liabilities
- $9,418,149
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MATTHEW ROBERSON (PRESIDENT)
Highest reported compensation
- BARBARA HALE (EXECUTIVE DI): $251,849 total reported compensation
- STEPHANIE ROMO (OFFICER/PRIN): $169,067 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the sycamore academy of science and cultural arts is to prepare a diverse tk-8 student population for secondary education, college, careers, and global citizenship by providing each child with the knowledge, critical skills, and fundamental dispositions to become a self-motivated, competent, lifelong learner. To be fully educated and prepared for the 21st century every child must construct and communicate knowledge, display personal and social responsibility, work collaboratively with others, and reflect consistently on his or her growth as a learner.
What it reported doing in 2024
California public charter school offering k-8 education
Operating model
- Revenue model
- Grant-funded. 98% 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. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 70
- Accountability: 90
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.6%; rating input score 67
- Program expense ratio: 73%; rating input score 73
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- 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; 66th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.8%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 1.88; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 3.3%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 14.8% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 14.7% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 12.6% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 66.6% of revenue deployed · 73% of spending went to programs
- Governance: 5 of 5 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $9.2M in reported program spending
- Leadership: top reported pay $252K · 6 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $130K reported
- Consistency: 21 of 21 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 13 filing years from 2012 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
- Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.