CALIFORNIA VIRTUAL ACADEMY AT FRESNO (EIN 383880211) - Form 990 Financial Analysis & Trantor Score

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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

2012

Legal Domicile

Principal Officer

ANASTASIA ALAVEZOS

Phone

8055810202

Tax Period

2023-07-01 to 2024-06-30

CALIFORNIA VIRTUAL ACADEMY AT FRESNO, founded in 2012, is a mid-sized nonprofit in the Education sector that reported $22.4M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE TUITION-FREE VIRTUAL EDUCATION THROUGH TECHNOLOGY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $22,319,172

Program Service Revenue $0

Investment Income $0

Other Revenue $66,313

TOTAL REVENUE $22,385,485

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,677,862

Fundraising Expenses $0

Program Expenses $18,008,231

Other Expenses $11,254,398

TOTAL EXPENSES $21,932,260

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,385,485	$17,560,886	+0.3%
Expenses	$21,932,260	$17,195,678	+0.3%
Net Income	$453,225	$365,208	+0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANASTASIA ALAVEZOS	PRESIDENT & SECRETARY	1.00	Officer Director	$0	$0	$0
NATHAN HICKINBOTHAM	TREASURER	1.00	Officer Director	$0	$0	$0
DANNY DAVIS	PRESIDENT (LEFT 2/2024)	1.00	Officer Director	$0	$0	$0
MICHAEL ALSTON	BOARD MEMBER	1.00	Director	$0	$0	$0
RUBY MARQUEZ	DISTRICT REPRESENTATIVE	1.00	Director	$0	$0	$0

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	$22,385,485	$21,932,260	$8,578,691	$453,225
2023	$17,560,886	$17,195,678	$8,144,898	$365,208
2022	$15,111,331	$14,814,946	$4,043,044	$296,385
2021	$9,766,462	$9,766,462	$6,637,670	No data
2020	$8,053,875	$8,053,875	$1,949,100	No data
2019	$6,240,972	$6,240,972	$1,449,627	No data
2018	$5,717,954	$5,717,954	$956,396	No data

CALIFORNIA VIRTUAL ACADEMY AT FRESNO