CALIFORNIA PREPARATORY COLLEGE INC

EIN: 800694871 501(c)(3) Education

San Bernardino, CA

Total Revenue
$1,238,226
Total Expenses
$1,229,855
Total Assets
$7,389,588
Net Assets
$139,456
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CA
Principal Officer
GENE EDELBACH
Phone
9092643255
Tax Period
2023-07-01 to 2024-06-30

CALIFORNIA PREPARATORY COLLEGE INC, founded in 2011, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE LOW COST, A NONDENOMINATIONAL CHRISTIAN EDUCATION OF COLLEGIATE LEVEL TO PUBLIC IN FORM OF ASSOCIATE DEGREES AND RELATED CERTIFICATES

Program Service Accomplishments

Program 1
Expenses: $875,512 Revenue: $878,885

WESTERN HEALTHCARE PRACTICE AND COMMUNICATION (WHCP) AND HEALTH SCIENCE PROGRAM. THE PURPOSE OF WHCP PROGRAM IS TO PROVIDE TRAINING FOR INTERNATIONAL NURSES TO BECOME A LICENSE NURSES IN THE USA...

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WESTERN HEALTHCARE PRACTICE AND COMMUNICATION (WHCP) AND HEALTH SCIENCE PROGRAM. THE PURPOSE OF WHCP PROGRAM IS TO PROVIDE TRAINING FOR INTERNATIONAL NURSES TO BECOME A LICENSE NURSES IN THE USA. THIS GIVE THE CHANCE FOR CAREER ADVANCEMENT AND INCREASE EARNING. IT PROVIDE MUCH NEEDED NURSES FOR STATE OF CALIFORNIA AND THE COUNTRY. THE HEALTH SCIENCE PROGRAM GIVE STUDENT THE CHANCE TO FINISH THEIR ASSOCIATE DEGREE AT A LOWER COST BEFORE TRANSFERRED TO FOUR YEAR COLLEGES OR UNIVERSITIES FOR THEIR BACHELOR DEGREES.

Program 2
Expenses: $233,470 Revenue: $234,369

ASSOCIATE DEGREE IN BUSINESS PROGRAM THIS PROGRAM ENROLED ABOUT 44 STUDENTS THAT SEEK TO COMPLETE THE GENER GENERAL EDUCATION COURSES OR PREREQUISITES CLASSES AT A LOWER COST BEFORE TRANSFERRING TO...

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ASSOCIATE DEGREE IN BUSINESS PROGRAM THIS PROGRAM ENROLED ABOUT 44 STUDENTS THAT SEEK TO COMPLETE THE GENER GENERAL EDUCATION COURSES OR PREREQUISITES CLASSES AT A LOWER COST BEFORE TRANSFERRING TO FOUR YEAR COLLEGES OR UNIVERSITIES. MOST OF THE STUDENTS RECEIVED MAJORITY OF SUPPORT THROUGH OUR STUDENT SUPPORT EXPENSES.

Program 3
Expenses: $58,367 Revenue: $58,592

ENGLISH AS A SECOND LANGUAGE (ESL) PROGRAM THE STUDENTS ENROLLED IN THIS PROGRAM ARE MOSTLY INTERNATIONAL STUDENTS AND SOME AMERICAN STUDENTS WHO ARE IN NEED TO IMPROVE THEIR ENGLISH PROFICIENCY...

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ENGLISH AS A SECOND LANGUAGE (ESL) PROGRAM THE STUDENTS ENROLLED IN THIS PROGRAM ARE MOSTLY INTERNATIONAL STUDENTS AND SOME AMERICAN STUDENTS WHO ARE IN NEED TO IMPROVE THEIR ENGLISH PROFICIENCY BEFORE CONTINUING THEIR EDUCATION TO ANOTHER PROGRAM.

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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 $0
Program Service Revenue $1,238,226
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,238,226

Expense Breakdown

Grants Paid $717,822
Salaries & Benefits $194,864
Fundraising Expenses $0
Program Expenses $1,229,854
Other Expenses $317,169
TOTAL EXPENSES $1,229,855

Year-over-Year Comparison

2023 2022 Change
Revenue $1,238,226 $1,102,812 +0.1%
Expenses $1,229,855 $1,092,304 +0.1%
Net Income $8,371 $10,508 -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

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Governance

Voting Members
5
Independent Members
5
Employees
17
Volunteers
10

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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLENN ELLSMAN BOARD CHAIR N/A
Director
$0 $0 $0
JOEL D PETERSON BOARD MEMBER N/A
Director
$0 $0 $0
GARY MUPAS BOARD MEMBER N/A
Director
$0 $0 $0
TREY WEATHERALL BOARD MEMBER N/A
Director
$0 $0 $0
GENE EDELBACH CEO N/A
Officer
$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
2024 $1,238,226 $1,229,855 $7,389,588 $8,371
2023 $1,102,812 $1,092,304 $7,554,164 $10,508
2022 $1,244,399 $1,233,964 $7,669,389 $10,435
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