CALIFORNIA ONLINE PUBLIC SCHOOLS

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

JAMES STOCKDALE

Phone

8009065166

Tax Period

2024-07-01 to 2025-06-30

CALIFORNIA ONLINE PUBLIC SCHOOLS, founded in 2006, is a major nonprofit in the Education sector that reported $110.3M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year.

Mission

TO EDUCATE AND TO EMPOWER COMPASSIONATE GLOBAL CITIZENS BY LEVERAGING 21ST CENTURY EDUCATION RESOURCES ON BEHALF OF STUDENTS WHO NEED A MORE PERSONALIZED APPROACH TO LEARNING TO MAXIMIZE THESE STUDENTS' POTENTIAL AND MEET THE HIGHEST PERFORMANCE STANDARDS.

Program Service Accomplishments

Program 1

Expenses: $84,058,659 Revenue: $0

CALIFORNIA ONLINE PUBLIC SCHOOLS OPERATES SIX CALIFORNIA CONNECTIONS ACADEMIES AT THE FOLLOWING LOCATIONS: CENTRAL, NORTH BAY, SOUTHERN CALIFORNIA, CENTRAL COAST, RIPON, AND MONTEREY BAY. THE ACADEMY SERVES GRADES TK-12 AND PROVIDES A FORM OF PUBLIC SCHOOL THAT STUDENTS ATTEND FROM HOME USING THE INTERNET TO CONNECT TO TEACHERS. THEIR MISSION IS ACCOMPLISHED THROUGH A UNIQUELY INDIVIDUALIZED LEARNING PROGRAM THAT COMBINES THE BEST IN VIRTUAL EDUCATION WITH REAL CONNECTIONS AMONG STUDENTS, FAMILY, TEACHERS, AND THE COMMUNITY TO PROMOTE ACADEMIC AND EMOTIONAL SUCCESS FOR EVERY LEARNER. THE CHARTER SCHOOL PROGRAM PROVIDES A HIGH-QUALITY, HIGH-TECH, HIGH-INTERACTION VIRTUAL "SCHOOL WITHOUT WALLS" THAT BRINGS AN ACCREDITED TUITION FREE PUBLIC EDUCATIONAL PROGRAM DIRECTLY INTO THE HOMES OF STUDENTS IN TK-12.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $110,111,005

Program Service Revenue $0

Investment Income $193,863

Other Revenue $0

TOTAL REVENUE $110,304,868

Expense Breakdown

Grants Paid $0

Salaries & Benefits $81,170,073

Fundraising Expenses $0

Program Expenses $84,058,659

Other Expenses $27,006,987

TOTAL EXPENSES $108,177,060

Year-over-Year Comparison

	2024	2023	Change
Revenue	$110,304,868	$123,911,138	-0.1%
Expenses	$108,177,060	$121,712,443	-0.1%
Net Income	$2,127,808	$2,198,695	0.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

496

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

$1,461,539

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICARDO ROMERO	INTERIM SUPERINTENDENT	40.00	Officer	$318,633	$45,167	$363,800
STEVE FORD	ASST SUPERINTENDENT	40.00	Officer	$294,445	$50,612	$345,057
RICHARD SAVAGE	SUPERINTENDENT	40.00	Officer	$305,888	$1,152	$307,040
MARCUS WHITE	PRINCIPAL	40.00	Highest	$242,164	$47,511	$289,675
HEATHER TAMAYO	PRINCIPAL	40.00	Highest	$242,163	$11,151	$253,314
LESLIE DOMBEK	DIRECTOR OF EDUCATIONAL SERVICES	40.00	Highest	$231,454	$11,916	$243,370
LACHELLE CARTER	DIRECTOR OF FINANCE	40.00	Officer	$198,674	$36,456	$235,130
DAN HERTZLER	DIRECTOR OF BUSINESS SERVICES	40.00	Officer	$195,552	$14,960	$210,512
JULIE COLOMBERO	ASST DIR OF OP, FAMILY RELATIONS	40.00	Highest	$173,535	$36,195	$209,730
ZANA KIDD	DIRECTOR OF HR OPERATIONS	40.00	Highest	$179,240	$11,477	$190,717
JAMES STOCKDALE	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
DIANA RIVAS	BOARD VICE CHAIR	2.00	Officer Director	$0	$0	$0
MICHAEL HENJUM	DIRECTOR	2.00	Director	$0	$0	$0
ADAM PULSIPHER	DIRECTOR	2.00	Director	$0	$0	$0
PATTY PULSIPHER	DIRECTOR	2.00	Director	$0	$0	$0
ERIC WICKLIFFE JR	DIRECTOR	2.00	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	$110,304,868	$108,177,060	$49,550,643	$2,127,808
2024	$123,911,138	$121,712,443	$63,195,737	$2,198,695
2023	$106,001,615	$97,400,720	$62,873,368	$8,600,895
2022	$88,645,360	$80,090,186	$38,419,983	$8,555,174
2021	$70,303,969	$65,231,787	$32,661,705	$5,072,182
2020	$66,320,442	$66,487,759	$19,348,203	$-167,317
2019	$57,429,645	$56,789,099	$25,400,509	$640,546
2018	$5,639,539	$5,688,960	$1,441,390	$-49,421
2017	$5,509,155	$5,385,244	$2,146,711	$123,911