Skip to content
Nonprofiteer
← SIERRA EDUCATIONAL ADVANCEMENT CORPORATION

Form 990 for tax year 2022

Filed by SIERRA EDUCATIONAL ADVANCEMENT CORPORATION.

Totals

Total revenue
$9,147,335
Total expenses
$8,958,651
Contributions and grants received
$9,147,335
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$3,960,089
Total liabilities, end of year
$3,155,421
Net assets or fund balances, end of year
$804,668
Program services expenses (Part IX)
$8,207,713
Management and general expenses
$750,938
Fundraising expenses
$0
Program service expenses (Part III)
$8,207,713

Program services were 91.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $9,144,460

  • 1f · All other contributions, gifts and grants

    $2,875

  • 3 · Investment income

    total $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $46,247 · management and general $46,247

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $4,311,437 · program services $4,285,431 · management and general $26,006

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $1,030,043 · program services $1,024,894 · management and general $5,149

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $6,722 · management and general $6,722

  • 11c · Fees: accounting

    total $29,046 · management and general $29,046

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $667,140 · program services $137,732 · management and general $529,408

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $227,453 · program services $227,453

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $36,438 · management and general $36,438

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $276,206 · program services $276,206

  • 23 · Insurance

    total $57,693 · management and general $57,693

  • 24a · Other expenses: All Other Instruction

    total $1,656,378 · program services $1,656,378

  • 24b · Other expenses: Noncapitalized Equipment

    total $347,261 · program services $347,261

  • 24c · Other expenses: Books and Supplies

    total $252,358 · program services $252,358

  • 24d · Other expenses: Other Administrative Costs

    total $14,229 · management and general $14,229

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $230,873 · end of year $522,008

  • 2 · Savings and temporary cash investments

    end of year $1,356,331

  • 3 · Pledges and grants receivable

    beginning of year $1,131,923 · end of year $878,007

  • 4 · Accounts receivable

    beginning of year $71,741 · end of year $327,061

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $103,260 · end of year $77,362

  • 10a · Land, buildings and equipment: cost or other basis

    $58,624

  • 10b · Land, buildings and equipment: accumulated depreciation

    $24,095

  • 10c · Land, buildings and equipment, net

    beginning of year $13,138 · end of year $34,529

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $737,399

  • 15 · Other assets

    beginning of year $662,951 · end of year $27,392

  • 17 · Accounts payable and accrued expenses

    beginning of year $881,484 · end of year $2,232,972

  • 19 · Deferred revenue

    beginning of year $37,427 · end of year $21,322

  • 24 · Unsecured notes and loans payable

    beginning of year $650,000 · end of year $152,088

  • 25 · Other liabilities

    beginning of year $28,991 · end of year $749,039

  • 27 · Net assets without donor restrictions

    beginning of year $170,857 · end of year $203,668

  • 28 · Net assets with donor restrictions

    beginning of year $445,127 · end of year $601,000

Mission and programs · 2022

Mission

The mission of Sierra Educational Advancement Corporation, Inc. is to provide a student-centered, high-quality education for all learners through a safe, supportive, trauma-informed community where students are encouraged to self-advocate, take control of their education, and explore new opportunities and skills in the pursuit of becoming contributing members of society.

  • The mission of Sierra Educational Advancement Corporation, Inc. is to provide a student-centered, high-quality education for all learners through a safe, supportive, trauma-informed community where students are encouraged to self-advocate, take control of their education, and explore new opportunities and skills in the pursuit of becoming contributing members of society.

    Expenses $8,207,713

As filed on the 2022 return.

Listed in Part VII

  • Shellie Hanes

    Area Superintendent

    Total calculated
    $250,973
    From this org
    $18,434
    From related orgs
    $211,994
    Other
    $20,545
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $12,852 + $147,796 related
    Bonus
    $4,646 + $53,429 related
    Other
    $936 + $10,769 related
    Deferred
    $1,637 + $18,825 related
    Nontaxable benefits
    $7 + $76 related
    Filer's total
    $20,078 + $230,895 related

  • Jeri Vincent

    CFO

    Total calculated
    $227,979
    From this org
    $6,187
    From related orgs
    $189,262
    Other
    $32,530
    Hours/week
    2 + 23 related

    Schedule J breakdown matched by us

    Base
    $4,935 + $150,974 related
    Bonus
    $1,229 + $37,599 related
    Other
    $23 + $689 related
    Deferred
    $585 + $17,901 related
    Nontaxable benefits
    $445 + $13,599 related
    Filer's total
    $7,217 + $220,762 related

  • Jeffrey Martineau

    VP CHARTER RELATIONS

    Total calculated
    $201,345
    From this org
    $5,489
    From related orgs
    $167,926
    Other
    $27,930
    Hours/week
    2 + 27 related

    Schedule J breakdown matched by us

    Base
    $4,278 + $130,876 related
    Bonus
    $919 + $28,113 related
    Other
    $292 + $8,937 related
    Deferred
    $455 + $13,933 related
    Nontaxable benefits
    $429 + $13,113 related
    Filer's total
    $6,373 + $194,972 related

  • Jeff Brown

    CEO

    Total calculated
    $200,030
    From this org
    $5,296
    From related orgs
    $162,000
    Other
    $32,734
    Hours/week
    2 + 27 related

    Schedule J breakdown matched by us

    Base
    $4,215 + $128,939 related
    Bonus
    $1,055 + $32,278 related
    Other
    $26 + $783 related
    Deferred
    $592 + $18,110 related
    Nontaxable benefits
    $444 + $13,588 related
    Filer's total
    $6,332 + $193,698 related

  • Lorna Garces

    Principal

    Total calculated
    $181,171
    From this org
    $154,984
    From related orgs
    $0
    Other
    $26,187
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $105,226
    Bonus
    $38,644
    Other
    $11,114
    Deferred
    $19,200
    Nontaxable benefits
    $6,987
    Filer's total
    $181,171

  • Tanya Prucher

    Program Specialist

    Total calculated
    $160,740
    From this org
    $131,667
    From related orgs
    $0
    Other
    $29,073
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $84,076
    Bonus
    $47,141
    Other
    $450
    Deferred
    $7,674
    Nontaxable benefits
    $21,399
    Filer's total
    $160,740

  • Christopher Cheetham

    Teacher

    Total calculated
    $144,878
    From this org
    $117,083
    From related orgs
    $0
    Other
    $27,795
    Hours/week
    40

  • Maria Navarro

    TEACHER

    Total calculated
    $125,311
    From this org
    $108,239
    From related orgs
    $0
    Other
    $17,072
    Hours/week
    40

  • Melissa Chase

    Teacher

    Total calculated
    $115,380
    From this org
    $113,952
    From related orgs
    $0
    Other
    $1,428
    Hours/week
    40

  • Carol Stanford

    Director

    Total calculated
    $33,750
    From this org
    $11,250
    From related orgs
    $22,500
    Other
    $0
    Hours/week
    1 + 2 related

  • Victoria Hancock

    Director

    Total calculated
    $29,700
    From this org
    $11,250
    From related orgs
    $18,450
    Other
    $0
    Hours/week
    1 + 2 related

  • James T Lott

    Director

    Total calculated
    $20,700
    From this org
    $10,800
    From related orgs
    $9,900
    Other
    $0
    Hours/week
    1 + 1 related

  • Kevin Barri

    Director

    Total calculated
    $0
    Hours/week
    1

  • Wendi Hulbert

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202411349349304551

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.