Taylion San Diego Academy

Nonprofit profile at a glance

EIN
463687213
IRS 990 coverage
2014–2017
Forms available
Form 990 2017
Location
San Marcos, CA, USA
Phone
7602955564
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$2,256,652
Expenses
$2,137,094
Assets
$1,068,596
Liabilities
$1,140,391

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • TIMOTHY SMITH (PRESIDENT/EXECUTIVE DIRECTOR)
  • BENONI PANTOJA (VICE PRESIDENT)
  • SHANNON SMITH (VICE PRESIDENT)

Highest reported compensation

  • BENONI PANTOJA (VICE PRESIDENT): $143,882 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Tsda strives to be a holistic learning environment that prepares students for the 21st century academically, physically, and mentally. We incorporate the idea of relationships, responsibility, and reverence for all life in our core academics and believe that all students can succeed if all students learn to believe in themselves.

What it reported doing in 2017

Operation of a California public charter school serving students in grades k-12 through various flexible learning options, including independent study, online learning, and homeschooling.

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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 90
  • Accountability: 79
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.9%; rating input score 65
  • Program expense ratio: 68.5%; rating input score 69
  • Fundraising efficiency: $16,798.16 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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; 64th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.3%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 1.07; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0.6%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: 14.5% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 24.5% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 20.8% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 64.9% of revenue deployed · 68.5% of spending went to programs
  • Governance: 9 of 9 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.5M in reported program spending
  • Leadership: top reported pay $144K · 9 people listed
  • Highest-paid contractors: 1 contractor listed · $529K reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules
  • Filing history: 4 filing years from 2014 to 2017
  • Contacts: How to reach this organization
  • 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.

  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
  • Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.