Sierra Educational Advancement Corporation

EIN: 473368777 501(c)(3) Education

Valencia, CA

Total Revenue
$10,690,674
Total Expenses
$10,352,417
Total Assets
$4,100,030
Net Assets
$1,142,925
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Principal Officer
Jeri Vincent
Phone
6612721225
Tax Period
2023-07-01 to 2024-06-30

Sierra Educational Advancement Corporation, founded in 2014, is a mid-sized nonprofit in the Education sector that reported $10.7M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $10.4M left a modest 3% surplus.

Mission

The mission of Sierra Educational Advancement Corporation, Inc. is to provide a student-centered, high-quality education for all learners through a safe, supportive, trauma-informed community where students are encouraged to self-advocate, take control of their education, and explore new opportunities and skills in the pursuit of becoming contributing members of society.

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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 (2023)

Revenue Breakdown

Contributions & Grants $10,690,674
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,690,674

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,220,030
Fundraising Expenses $0
Program Expenses $9,463,885
Other Expenses $4,132,387
TOTAL EXPENSES $10,352,417

Year-over-Year Comparison

2023 2022 Change
Revenue $10,690,674 $9,147,335 +0.2%
Expenses $10,352,417 $8,958,651 +0.2%
Net Income $338,257 $188,684 +0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
84
Volunteers
N/A

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
2
$434,009
Total Directors
5
$59,450
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gagendeep K Gill Area Superintendent 3.00
$17,216 $53,350 $268,543
Jeri Vincent CFO 2.00
Officer
$5,649 $40,084 $218,548
Jeff Brown CEO 2.00
Officer
$5,614 $38,123 $215,461
JEFFREY MARTINEAU VP CHARTER RELATIONS 2.00
$5,796 $32,355 $215,446
Shellie Hanes Area Superintendent 2.00
$6,193 $11,730 $190,268
Lorna Garces Principal 40.00
$152,827 $27,657 $180,484
Tanya Prucher Program Specialist 40.00
$128,596 $33,912 $162,508
CHRISTOPHER CHEETHAM Teacher 40.00
$125,331 $29,932 $155,263
MARIA NAVARRO TEACHER 40.00
$114,007 $17,399 $131,406
Donna Woody Taylor Teacher 40.00
$113,361 $11,016 $124,377
Carol Stanford Director 1.00
Director
$7,250 $0 $22,200
Victoria Hancock Director 1.00
Director
$6,250 $0 $16,850
James T Lott Director 1.00
Director
$7,700 $0 $15,400
Kevin Barri Director 1.00
Director
$3,000 $0 $3,000
Wendi Hulbert Director 1.00
Director
$2,000 $0 $2,000
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 $10,690,674 $10,352,417 $4,100,030 $338,257
2023 $9,147,335 $8,958,651 $3,960,089 $188,684
2022 $5,936,931 $5,747,307 $2,213,886 $189,624
2021 $5,700,199 $5,423,433 $2,438,956 $276,766
2020 $5,060,089 $5,008,978 $1,933,945 $51,111
2020 $5,060,089 $5,008,978 $1,933,945 $51,111
2019 $4,429,073 $4,366,503 $2,836,290 $62,570
2018 $2,898,400 $2,864,357 $1,825,149 $34,043
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