Education
(B29)
IRS Verified
DX Registered
990 on File
PASO ROBLES CHARTER SCHOOL PROJECT INC
Financial strength (30%)
66/100
Reliability (20%)
50/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Almond Acres Charter Academy is dedicated to providing all kindergarten through eighth grade students with an academically challenging and cooperative educational environment with authentic experiences emphasizing core curriculum, the arts, and character development to ensure students receive the knowledge and skills necessary to succeed in a dynamic society.
Financial Overview — FY 2023
$7.4M
Total Revenue
$8.0M
Total Expenses
$-1,904,371
Net Assets
70
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
77.9%
Fundraising Efficiency
N/A
Operating Reserve
-2.87x
Liability-to-Asset
109.9%
Revenue Diversification
94.2%
Executive Compensation
$155K
Compared with Peers
FY 2023
Compared with 11,231 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
|
77.9% | 84.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
22.1% | 13.0% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-2.9 mo | 8.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
109.9% | 23.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.2% | 90.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
46.1% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
25.3% | 11.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-8.2% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $7.4M | $8.0M | $-1,904,371 | 77.9% | 70 |
| 2022 | $5.0M | $6.4M | $-1,301,332 | 71.4% | 62 |
| 2021 | $3.7M | $4.5M | N/A | — | 56 |
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