GROWTH 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

2015

Legal Domicile

Principal Officer

AUDRIA JOHNSON

Phone

9163945007

Tax Period

2024-07-01 to 2025-06-30

GROWTH PUBLIC SCHOOLS, founded in 2015, is a community nonprofit in the Education sector that reported $4.9M in total revenue in fiscal year 2024.

Mission

GROWTH PUBLIC SCHOOLS (THE SCHOOLS) IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION AND IS ORGANIZED TO MANAGE AND OPERATE A PUBLIC CHARTER SCHOOL. THE SCHOOLS BEGAN SERVING STUDENTS IN AUGUST 2017 AND IS FUNDED PRINCIPALLY THROUGH STATE OF CALIFORNIA PUBLIC EDUCATION MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $3,886,319 Revenue: $0

GROWTH PUBLIC SCHOOLS (THE SCHOOLS) IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION AND IS ORGANIZED TO MANAGE AND OPERATE A PUBLIC CHARTER SCHOOL. THE SCHOOLS BEGAN SERVING STUDENTS IN...

GROWTH PUBLIC SCHOOLS (THE SCHOOLS) IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION AND IS ORGANIZED TO MANAGE AND OPERATE A PUBLIC CHARTER SCHOOL. THE SCHOOLS BEGAN SERVING STUDENTS IN SEPTEMBER 2017 AND IS FUNDED PRINCIPALLY THROUGH STATE OF CALIFORNIA PUBLIC EDUCATION MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION. GROWTH PUBLIC SCHOOLS SERVED APPROXIMATELY 282 STUDENTS IN THE SURROUNDING COMMUNITY AND HAD 175 INSTRUCTIONAL DAYS IN THE FISCAL YEAR.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,892,705

Program Service Revenue $0

Investment Income $0

Other Revenue $18,279

TOTAL REVENUE $4,910,984

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,689,531

Fundraising Expenses $9,613

Program Expenses $3,886,319

Other Expenses $2,624,599

TOTAL EXPENSES $5,314,130

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,910,984	$4,940,293	0.0%
Expenses	$5,314,130	$5,224,045	+0.0%
Net Income	$-403,146	$-283,752	+0.4%

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

$168,063

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STACEY SCARBOROUGH	BOARD CHAIRMAN	3.00	Officer Director	$0	$0	$0
DWIGHT TAYLOR SR THRU 1224	VICE CHAIRMAN	3.00	Officer Director	$0	$0	$0
SHARON JOHNSON	TREASURER	3.00	Officer Director	$0	$0	$0
LAURIE MENCHACA	SECRETARY	3.00	Officer Director	$0	$0	$0
HERINDER PEGANY	DIRECTOR	3.00	Director	$0	$0	$0
AUDRIA JOHNSON	PRINCIPAL/EXEC DIRECTOR	40.00	Officer	$153,357	$14,706	$168,063
DEVONNA ABBOTT	PRINCIPAL	40.00	Highest	$100,587	$6,356	$106,943
REALYN MCDANIEL	DIRECTOR OF STUDENT SUPPORT SERVICES	40.00	Highest	$103,904	$56	$103,960

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	$4,910,984	$5,314,130	$5,080,005	$-403,146
2024	$4,940,293	$5,224,045	$5,645,239	$-283,752
2023	$4,535,628	$4,520,806	$6,158,719	$14,822
2022	$3,588,460	$3,327,778	$1,487,439	$260,682
2021	$3,269,021	$2,726,941	$1,570,190	$542,080
2020	$2,621,493	$2,621,494	$975,665	$-1
2019	$2,592,909	$2,470,002	$782,683	$122,907
2018	$2,023,940	$2,158,086	$589,147	$-134,146