Education (B29) IRS Verified DX Registered 990 on File

AVANCE SCHOOLS INC

EIN: 20-3082187 · HIGHLAND PARK, CA 90042-4005 · United States · FY 2023 Data

3 out of 5 54 / 100 Based on 2+ years of filings

Financial strength (30%) 72/100

Reliability (20%) 50/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

The rationale for having an Exploratory WEE Program is due to the changing nature of work in our society and the need for students to be aware of career opportunities. This program provides an opportunity for a broad spectrum of students to explore career paths with the goal of clarifying career directions. Academia Avance combines rigorous academic preparation with the development of real-world skills. All of our graduates will have a college career preparation that exceeds all of the University of California class requirements, with emphasis on the development of successful life-long learning habits. This is combined with the application of learned concepts via projects, internships, and multi-cultural experiences. As a small public charter school, Academia Avance offers an excellent tuition-free education in a safe nurturing environment, and is operated and governed with community input. Charter Schools. California Charter School Act of 1992 established schools as an option for parents, students, teachers and community members to design self-governing schools to meet the needs of the community.

Financial Overview — FY 2023

$8.2M

Total Revenue

$8.2M

Total Expenses

$346K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 78.6%

Fundraising Efficiency N/A

Operating Reserve 0.51x

Liability-to-Asset 91.7%

Revenue Diversification 99.6%

Executive Compensation $232K

Compared with Peers

FY 2023

Compared with 11,226 similar organizations (United States, Education, $1M–$10M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	78.6%	84.5%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	21.4%	13.0%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.0%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	0.5 mo	8.6 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	91.7%	23.0%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	99.6%	90.7%	P10P90	Bottom quarter
Revenue growth Year over year revenue growth	7.2%	7.5%	P10P90
Expense growth Year over year expense growth	7.8%	11.6%	P10P90
Surplus margin Surplus as a share of revenue	-0.2%	3.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$8.2M	$8.2M	$346K	78.6%	74
2022	$7.6M	$7.6M	$362K	82.0%	0
2021	$6.0M	$6.0M	N/A	—	61

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Organization Details

EIN: 20-3082187
State: CA
City: HIGHLAND PARK
ZIP: 90042-4005
Classification: B29
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2004
Foundation Code: 11
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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