GROW PUBLIC SCHOOLS

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

MANUEL PANTOJA

Phone

6618855000

Tax Period

2022-07-01 to 2023-06-30

GROW PUBLIC SCHOOLS, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $32.2M in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

GROW PUBLIC SCHOOLS' MISSION IS TO CLOSE THE ACHIEVEMENT GAP FOR STUDENTS IN THE RURAL AREAS OF KERN COUNTY BY CREATING AN ENVIRONMENT FOR STUDENT EXCELLENCE AND WELL-BEING.

Program Service Accomplishments

Program 1

Expenses: $26,697,546 Revenue: $172,556

GROW PUBLIC SCHOOLS OPERATES TWO K-8 CHARTER SCHOOLS: GROW ACADEMY ARVIN AND GROW ACADEMY SHAFTER. OUR MISSION IS FOR TO CLOSE THE ACHIEVEMENT GAP FOR STUDENTS IN THE RURAL AREAS OF KERN COUNTY BY...

GROW PUBLIC SCHOOLS OPERATES TWO K-8 CHARTER SCHOOLS: GROW ACADEMY ARVIN AND GROW ACADEMY SHAFTER. OUR MISSION IS FOR TO CLOSE THE ACHIEVEMENT GAP FOR STUDENTS IN THE RURAL AREAS OF KERN COUNTY BY CREATING AN ENVIRONMENT FOR STUDENT EXCELLENCE AND WELL-BEING. GROW PUBLIC SCHOOLS EMARKS TO TRANSFORM THE EDUCATIONAL LANDSCAPE FOR STUDENTS BY PROVIDING A MODEL OF EXCELLENCE AND INNOVATION LEADING TO COLLEGE READINESS AND LIFELONG SUCCESS. BETWEEN THE TWO SCHOOLS, GROW PUBLIC SCHOOLS SERVES APPROXIMATELY 1,615 STUDENTS AND HAD 178 INSTRUCTIONAL DAYS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $31,980,712

Program Service Revenue $58,053

Investment Income $94,481

Other Revenue $114,503

TOTAL REVENUE $32,247,749

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,367,093

Fundraising Expenses $0

Program Expenses $26,697,546

Other Expenses $11,284,306

TOTAL EXPENSES $31,651,399

Year-over-Year Comparison

	2022	2021	Change
Revenue	$32,247,749	$28,189,186	+0.1%
Expenses	$31,651,399	$22,248,776	+0.4%
Net Income	$596,350	$5,940,410	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

426

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$789,195

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM MESTMAKER	BOARD PRESIDENT	0.25	Officer Director	$0	$0	$0
MANUEL PANTOJA	BOARD SECRETARY	0.25	Officer Director	$0	$0	$0
JEAN FULLER TO 73122	BOARD MEMBER	0.25	Director	$0	$0	$0
MATT LOOK	BOARD MEMBER	0.25	Director	$0	$0	$0
ERNIE UNRUH	BOARD MEMBER	0.25	Director	$0	$0	$0
KRISTEN WATSON	BOARD MEMBER	0.25	Director	$0	$0	$0
DOC ERVIN	CHIEF EXECUTIVE OFFICER	40.00	Officer	$123,186	$26,504	$149,690
CASEY YEAZEL TO 71422	EXECUTIVE DIRECTOR	40.00	Officer	$281,767	$6,871	$288,638
RIC ESQUIVEL	CHIEF OF SCHOOLS	40.00	Officer	$107,795	$24,066	$131,861
MIKE ROMERO TO 32423	COO	40.00	Officer	$197,622	$21,384	$219,006
HURSHEL WILLIAMS TO 102822	ARVIN PRINCIPAL	40.00	Highest	$176,841	$27,161	$204,002
MONICA JARA GUERRA TO 90622	DR. OF COMMUNITY INITIATIVES	40.00	Highest	$157,331	$10,342	$167,673
MICHELLE LUMIS TO 092922	EXECUTIVE ASSISTANT	40.00	Highest	$135,605	$10,393	$145,998
TATIA HUNTER-JENNINGS	ASSISTANT PRINCIPAL	40.00	Highest	$124,345	$26,476	$150,821
WENDY ELMORE	SPECIAL EDUCATION COORDINATOR	40.00	Highest	$117,009	$28,772	$145,781

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$32,247,749	$31,651,399	$49,586,338	$596,350
2022	$28,189,186	$22,248,776	$21,571,622	$5,940,410
2021	$23,549,288	$19,071,644	$14,803,093	$4,477,644
2020	$19,855,564	$18,217,667	$10,004,389	$1,637,897
2019	$18,335,443	$17,052,015	$7,986,820	$1,283,428