FEATHER RIVER CHARTER SCHOOL

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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

2016

Legal Domicile

Principal Officer

JENELL SHERMAN

Phone

9169575781

Tax Period

2024-07-01 to 2025-06-30

FEATHER RIVER CHARTER SCHOOL, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $41.3M in total revenue in fiscal year 2024. Expenses of $35.8M left a modest 13% surplus.

Mission

THE MISSION IS TO DEVELOP THE INDIVIDUAL GIFTS OF STUDENTS IN SUTTER, BUTTE, YUBA, PLACER, SACRAMENTO, YOLO, AND COLUSA COUNTIES TO BECOME CRITICAL THINKERS, RESPONSIBLE CITIZENS AND INNOVATIVE LEADERS PREPARED FOR ACADEMIC AND REAL-LIFE ACHIEVEMENT IN THE 21ST CENTURY.

Program Service Accomplishments

Program 1

Expenses: $33,333,302 Revenue: $2,966,575

FEATHER RIVER CHARTER SCHOOL IS A TUITION-FREE, PUBLIC CHARTER SCHOOL SERVING TRANSITIONAL KINDERGARTEN THROUGH 12TH GRADE STUDENTS. WE PROVIDE A DYNAMIC, INDIVIDUALIZED LEARNING EXPERIENCE...

FEATHER RIVER CHARTER SCHOOL IS A TUITION-FREE, PUBLIC CHARTER SCHOOL SERVING TRANSITIONAL KINDERGARTEN THROUGH 12TH GRADE STUDENTS. WE PROVIDE A DYNAMIC, INDIVIDUALIZED LEARNING EXPERIENCE INTEGRATING FAMILY, EDUCATION AND REAL-LIFE EXPERIENCES TO EMPOWER LEARNERS OF ALL AGES. IN COLLABORATION WITH HIGHLY-QUALIFIED CREDENTIALED TEACHERS, FAMILIES CAREFULLY SELECT CURRICULUM, TECHNOLOGY ITEMS, AND SUPPLEMENTAL ENRICHMENT MATERIALS FROM A PRE-APPROVED LIST. WE ARE PROUD TO OFFER A WIDE RANGE OF FIELD TRIPS, ENRICHMENT CLASSES, AND COMMUNITY EVENTS TO HELP STUDENTS REACH THEIR EDUCATIONAL GOALS.

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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 $38,379,407

Program Service Revenue $2,966,575

Investment Income $0

Other Revenue $0

TOTAL REVENUE $41,345,982

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,106,150

Fundraising Expenses $0

Program Expenses $33,333,302

Other Expenses $15,664,259

TOTAL EXPENSES $35,770,409

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,345,982	$39,238,239	+0.1%
Expenses	$35,770,409	$33,511,961	+0.1%
Net Income	$5,575,573	$5,726,278	0.0%

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

182

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

Total Directors

Key Employees

$848,334

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUINA CARTER	PRESIDENT	2.00	Officer Director	$0	$0	$0
STACY MACDONALD	TREASURER	2.00	Officer Director	$0	$0	$0
MARWA SWELAM	SECRETARY	2.00	Officer Director	$0	$0	$0
JENELL SHERMAN	EXECUTIVE DIRECTOR	20.00	Officer	$0	$0	$0
ALLISON SUYDAM	DIRECTOR OF SCHOOLS	40.00	Key Emp	$180,318	$35,203	$215,521
MEGAN NASON	DIRECTOR OF SPECIAL EDUCATION	40.00	Key Emp	$176,531	$54,014	$230,545
CAMILLE VOCKER	DIRECTOR OF SCHOOL SUPPORT	40.00	Key Emp	$168,920	$32,264	$201,184
STACY CLOSE	DIRECTOR OF STUDENT GROWTH	40.00	Key Emp	$168,836	$32,248	$201,084
TRISHA BRANDOW	ASSISTANT DIRECTOR OF EDUCATIONAL ENRICHMENT	40.00	Highest	$149,945	$29,331	$179,276
CLAIRE WALKER	DIRECTOR OF VIRTUAL ACADAMIES	40.00	Highest	$149,551	$57,717	$207,268
CARISSA STOCKARD	ASSISTANT DIRECTOR OF IEP COMPLIANCE & PD	40.00	Highest	$136,570	$26,085	$162,655
EVA STOCKARD	ASSISTANT DIRECTOR OF SPED STUDENT COMPLIANCE	40.00	Highest	$135,463	$27,525	$162,988
LESLIE VANDENAKKER	COMMUNITY PROGRAMS COORDINATOR	40.00	Highest	$123,710	$31,074	$154,784

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	$41,345,982	$35,770,409	$23,611,263	$5,575,573
2024	$39,238,239	$33,511,961	$15,499,822	$5,726,278
2023	$35,319,443	$29,693,977	$9,355,556	$5,625,466
2022	$20,093,842	$19,044,124	$4,085,874	$1,049,718
2021	$11,926,959	$15,065,622	$3,573,356	$-3,138,663
2018	$15,415,151	$13,864,684	$5,310,234	$1,550,467