NEW CENTURY CHARTER PUBLIC SCHOOLS

EIN: 823792663 501(c)(3)

ANAHEIM, CA

Total Revenue
$5,274,663
Total Expenses
$4,535,717
Total Assets
$4,222,626
Net Assets
$3,588,721
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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
2017
Legal Domicile
CA
Principal Officer
ANGELA MILLER
Phone
6572230123
Tax Period
2021-07-01 to 2022-06-30

NEW CENTURY CHARTER PUBLIC SCHOOLS, founded in 2017, is a community nonprofit that reported $5.3M in total revenue in fiscal year 2021. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $4.5M left a modest 14% surplus.

Mission

THE MISSION OF PALM LANE ELEMENTARY CHARTER SCHOOL IS TO PROVIDE A HIGH- QUALITY STEAM-BASED EDUCATION IN A DIGITAL LEARNING ENVIRONMENT TO EMPOWER STUDENTS TO MEET AND SURPASS GRADE LEVEL STANDARDS. OUR STUDENTS WILL BE PROVIDED A WELL-ROUNDED EDUCATION WITH A FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATH TO ACCELERATE LEARNING IN THEIR AREAS OF STRENGTH AND INTEREST. STUDENTS WILL SUCCESSFULLY MEET THE COMMON CORE STANDARDS THROUGH INSTRUCTION THAT IS TAILORED TO MEET THEIR UNIQUE NEEDS BY ENGAGING IN INQUIRY BASED INSTRUCTION.

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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 (2021)

Revenue Breakdown

Contributions & Grants $5,273,660
Program Service Revenue $0
Investment Income $1,003
Other Revenue $0
TOTAL REVENUE $5,274,663

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,533,867
Fundraising Expenses $0
Program Expenses $3,344,927
Other Expenses $2,001,850
TOTAL EXPENSES $4,535,717

Year-over-Year Comparison

2021 2020 Change
Revenue $5,274,663 $4,507,563 +0.2%
Expenses $4,535,717 $3,250,759 +0.4%
Net Income $738,946 $1,256,804 -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

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Governance

Voting Members
5
Independent Members
5
Employees
57
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
5
$148,000
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYL BALL PRESIDENT N/A
Director
$0 $0 $0
TERESA HERNANADEZ TREASURER N/A
Director
$0 $0 $0
GERONIMO GAYTAN SECRETARY N/A
Director
$0 $0 $0
WILLIAM O'CONNELL MEMBER N/A
Director
$0 $0 $0
LUCILLE KRING MEMBER N/A
Director
$0 $0 $0
ANGELA MILLER EXECUTIVE DI 40.00
Officer
$141,000 $7,000 $148,000
DR DON WILSON SUPERINTENDE 2.00
Officer
$0 $0 $0
COLLIN FELCH PRINCIPAL 2.00
Officer
$0 $0 $0
DEBBY PRADO PRINCIPAL 2.00
Officer
$0 $0 $0
LIZETTE SIFUENTES OFFICE MANAG 2.00
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
2022 $5,274,663 $4,535,717 $4,222,626 $738,946
2021 $4,507,563 $3,250,759 $3,338,713 $1,256,804
2020 $4,206,300 $3,360,383 $2,112,349 $845,917
2019 $4,881,270 $4,227,160 $2,123,407 $654,110
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