Value Schools
Nonprofit profile at a glance
- EIN
- 954813155
- IRS 990 coverage
- 2012–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Los Angeles, CA, United States
- Phone
- (213) 748-8868
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Charter Schools
Reported finances
- Revenue
- $37,530,538
- Expenses
- $36,879,559
- Assets
- $83,782,157
- Liabilities
- $63,186,350
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- LOREEN RILEY (CEO)
Highest reported compensation
- LOREEN RILEY (CEO): $297,972 total reported compensation
- RHONDA HOFFARTH (CFO): $272,896 total reported compensation
- DAVID DOYLE (EVP PARTNERSHIPS & DEVELOPMENT): $252,570 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 Value Schools mission is to establish and support high quality, values based elementary and secondary charter schools for populations of students who have been historically underserved by the public school system. Your gifts have a direct impact on the lives of our students, providing everything from new equipment and facilities to innovative programs and experienced personnel. Celebrate the power of giving to support the incredible students and families we serve. Together, we can create a brighter future for our communities and our world. HOW TO GIVE NOW Donating is easy and secure. You can use any major credit card to donate online, and your transaction will be processed quickly and securely. We appreciate your generosity and commitment to our mission of providing a high-quality education to all students. Together, we can make a difference in the lives of our students and the...
What it reported doing in 2024
Value schools operates 2 public charter k-8 schools and 2 public charter high schools in the koreatown and pico-union neighborhoods of los angeles. In addition to academic programs geared to preparing students to succeed in higher education, the schools offer athletic and other extracurricular activities to develop well rounded citizens.
Operating model
- Revenue model
- Grant-funded. 96% 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. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 95
- Accountability: 100
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.9%; rating input score 87
- Program expense ratio: 88.2%; rating input score 88
- Fundraising efficiency: $3,423.94 raised per $1 spent on fundraising; rating input score 98; 98th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
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: 1.7%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 2.27; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 0.75; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 4.6%; rating input score 54; 54th percentile among comparable filings
Growth
- Program expense growth: 10.8% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 11.1% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 25.6% per year; rating input score 100; 94th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 86.9% of revenue deployed · 88.2% of spending went to programs
- Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $32.5M in reported program spending
- Leadership: top reported pay $298K · 16 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $933K reported
- Consistency: 32 of 32 current checks pass
- Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 7 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- Review — Sustainability: Officer compensation ratio scored 54/100.