SAN JOSE CHARTER ACADEMY

EIN: 452499407 501(c)(3) Education

WEST COVINA, CA

Total Revenue
$21,854,213
Total Expenses
$21,066,815
Total Assets
$13,230,825
Net Assets
$9,654,707
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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
2011
Legal Domicile
CA
Principal Officer
ERIN SHIROMA
Phone
6268561693
Tax Period
2024-07-01 to 2025-06-30

SAN JOSE CHARTER ACADEMY, founded in 2011, is a mid-sized nonprofit in the Education sector that reported $21.9M in total revenue in fiscal year 2024. Expenses of $21.1M left a modest 4% surplus.

Mission

BUILDING FOUNDATION FOR GOOD CHARACTER AND ETHICS THROUGHOUT THE SCHOOL ON A DAILY BASIS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,767,257
Program Service Revenue $456,933
Investment Income $263,506
Other Revenue $366,517
TOTAL REVENUE $21,854,213

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,347,715
Fundraising Expenses $0
Program Expenses $19,115,894
Other Expenses $4,719,100
TOTAL EXPENSES $21,066,815

Year-over-Year Comparison

2024 2023 Change
Revenue $21,854,213 $22,262,629 0.0%
Expenses $21,066,815 $20,110,638 +0.0%
Net Income $787,398 $2,151,991 -0.6%
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

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Governance

Voting Members
6
Independent Members
6
Employees
216
Volunteers
205

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
5
$597,890
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIN SHIROMA SUPERINTENDENT-PRINCIPAL 40.00
Officer
$258,087 $83,522 $341,609
ANDREA LUNA CBO 40.00
Officer
$194,428 $61,853 $256,281
ARLEEN OLIVAS ADMINISTRATOR 40.00
Highest
$158,345 $78,031 $236,376
DONNA HALE ADMINISTRATOR COMPLIANCE 40.00
Highest
$162,384 $60,098 $222,482
MARY SPICKLER ADMINISTRATOR CURRICULUM 40.00
Highest
$166,662 $50,140 $216,802
LUISA VELA SPED COORDINATOR 40.00
Highest
$164,526 $46,025 $210,551
MARICSA GOMEZ INSTRUCTIONAL SERVICES DIRECTOR 40.00
Highest
$159,397 $28,640 $188,037
NICOLE VALDOVINOS CHAIRMAN 1.50
Officer Director
$0 $0 $0
JEFF CORONADO VICE CHAIRMAN 1.50
Officer Director
$0 $0 $0
TONY SONG SECRETARY 1.50
Officer Director
$0 $0 $0
MONICA FARIAS DIRECTOR 1.50
Director
$0 $0 $0
MATT SMITH DIRECTOR 1.50
Director
$0 $0 $0
DAVID WALLACH DIRECTOR 1.50
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 $21,854,213 $21,066,815 $13,230,825 $787,398
2024 No data No data No data No data
2023 $19,547,157 $18,024,572 $11,238,683 $1,522,585
2022 $15,495,636 $15,937,660 $9,287,417 $-442,024
2021 $14,056,443 $14,055,935 $8,864,152 $508
2020 $13,681,855 $13,570,412 $7,829,510 $111,443
2019 $13,777,127 $12,967,901 $6,281,071 $809,226
2018 $12,434,357 $12,092,251 $5,344,638 $342,106
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