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Nonprofiteer
← CAMINO NUEVO CHARTER ACADEMY

Form 990 for tax year 2023

Filed by CAMINO NUEVO CHARTER ACADEMY.

Totals

Total revenue
$64,457,301
Total expenses
$62,497,354
Contributions and grants received
$63,694,075
Grants paid
$0
Program service revenue
$0
Investment income
$510,285
Other revenue
$252,941
Total assets, end of year
$99,149,757
Total liabilities, end of year
$51,348,655
Net assets or fund balances, end of year
$47,801,102
Program services expenses (Part IX)
$53,061,435
Management and general expenses
$9,414,019
Fundraising expenses
$21,900
Program service expenses (Part III)
$53,061,435

Program services were 84.9% 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.

  • 1d · Related organizations

    $55,000

  • 1e · Government grants (contributions)

    $62,922,781

  • 1f · All other contributions, gifts and grants

    $716,294

  • 3 · Investment income

    total $1,288,343 · excluded $1,288,343

  • 6a · Gross rents

    real property $14,818

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $14,818

  • 6d · Net rental income or loss

    total $14,818 · related or exempt $14,818

  • 7b · Less cost or other basis and sales expenses

    other assets $778,058

  • 7c · Gain or loss

    other assets -$778,058

  • 7d · Net gain or loss

    total -$778,058 · excluded -$778,058

  • 11a · Other revenue: FCC E-RATE CREDITS

    total $209,450 · excluded $209,450

  • 11b · Other revenue: ALL OTHER LOCAL REVENUE

    total $28,673 · excluded $28,673

  • 11e · Other revenue, total

    $238,123

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $307,828 · program services $273,967 · management and general $33,861

  • 7 · Other salaries and wages

    total $22,991,062 · program services $20,395,854 · management and general $2,595,208

  • 8 · Pension plan contributions

    total $4,779,509 · program services $4,144,166 · management and general $635,343

  • 9 · Other employee benefits

    total $1,927,017 · program services $1,710,852 · management and general $216,165

  • 10 · Payroll taxes

    total $765,534 · program services $583,571 · management and general $181,963

  • 11a · Fees: management

    total $6,112,346 · program services $4,278,642 · management and general $1,833,704

  • 11b · Fees: legal

    total $87,129 · management and general $87,129

  • 11g · Fees: other

    total $11,050,124 · program services $10,063,180 · management and general $986,944

  • 12 · Advertising and promotion

    total $20,045 · management and general $20,045

  • 13 · Office expenses

    total $2,177,178 · program services $1,252,463 · management and general $924,715

  • 14 · Information technology

    total $589,282 · management and general $589,282

  • 16 · Occupancy

    total $4,449,187 · program services $3,941,479 · management and general $507,708

  • 17 · Travel

    total $97,966 · program services $97,966

  • 20 · Interest

    total $194,796 · management and general $194,796

  • 22 · Depreciation, depletion and amortization

    total $1,435,424 · program services $1,365,211 · management and general $70,213

  • 23 · Insurance

    total $51,158 · management and general $51,158

  • 24a · Other expenses: NUTRITION PROGRAM FOOD

    total $1,815,136 · program services $1,815,136

  • 24b · Other expenses: INSTRUCTIONAL MATERIALS

    total $1,310,888 · program services $1,310,888

  • 24c · Other expenses: FIELD TRIPS & PUPIL TRA

    total $685,807 · program services $685,807

  • 24d · Other expenses: SPECIAL EDUCATION FEES

    total $637,594 · program services $637,594

  • 24e · All other expenses

    total $1,012,344 · program services $504,659 · management and general $485,785 · fundraising $21,900

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $768,743 · end of year $4,870,663

  • 2 · Savings and temporary cash investments

    beginning of year $28,268,975 · end of year $24,827,699

  • 4 · Accounts receivable

    beginning of year $5,613,219 · end of year $5,415,200

  • 9 · Prepaid expenses and deferred charges

    beginning of year $177,895 · end of year $320,412

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

    $46,333,748

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

    $7,094,015

  • 10c · Land, buildings and equipment, net

    beginning of year $39,642,837 · end of year $39,239,733

  • 15 · Other assets

    beginning of year $24,741,384 · end of year $24,476,050

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,824,764 · end of year $4,149,821

  • 19 · Deferred revenue

    beginning of year $12,837,486 · end of year $12,556,047

  • 24 · Unsecured notes and loans payable

    beginning of year $9,840,445 · end of year $9,435,848

  • 25 · Other liabilities

    beginning of year $24,869,203 · end of year $25,206,939

  • 27 · Net assets without donor restrictions

    beginning of year $45,494,972 · end of year $47,509,275

  • 28 · Net assets with donor restrictions

    beginning of year $346,183 · end of year $291,827

Mission and programs · 2023

Mission

THE MISSION OF CAMINO NUEVO CHARTER ACADEMY IS TO EDUCATE STUDENTS IN A COLLEGE PREPARATORY PROGRAM TO BE LITERATE, CRITICAL THINKERS, AND INDEPENDENT PROBLEM SOLVERS WHO ARE AGENTS OF SOCIAL JUSTICE WITH SENSITIVTY TOWARD THE WORLD AROUND THEM.

Activities or mission (Part I)

OPERATES FOUR K-8 SCHOOLS AND ONE HIGH SCHOOL AS CHARTER SCHOOLS IN CALIFORNIA.

  • CHARTER SCHOOLS PROVIDING EDUCATIONAL OPPORTUNITIES TO THE SURROUNDING COMMUNITY. FOR THE YEAR ENDED JUNE 30, 2024, CAMINO NUEVO CHARTER ACADEMY SERVED APPROXIMATELY 2,880 STUDENTS IN GRADES K - 12TH GRADE.

    Expenses $53,061,435 · Revenue $14,818

As filed on the 2023 return.

Listed in Part VII

  • Adriana Abich

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $264,457
    From this org
    $206,894
    From related orgs
    $0
    Other
    $57,563
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $206,138
    Bonus
    $600
    Other
    $156
    Deferred
    $42,028
    Nontaxable benefits
    $15,535
    Filer's total
    $264,457
  • Rachel Hazlehurst

    CHIEF ACADEMIC OFFICER - H

    Total calculated
    $216,532
    From this org
    $178,293
    From related orgs
    $0
    Other
    $38,239
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,642
    Bonus
    $11,001
    Other
    $650
    Deferred
    $33,547
    Nontaxable benefits
    $4,692
    Filer's total
    $216,532
  • Charles Miller

    VP OF SCHOOLS - HSO

    Total calculated
    $183,863
    From this org
    $131,683
    From related orgs
    $0
    Other
    $52,180
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $127,403
    Bonus
    $3,500
    Other
    $780
    Deferred
    $28,250
    Nontaxable benefits
    $23,930
    Filer's total
    $183,863
  • John Laughlin

    PRINCIPAL - CAS/EIS

    Total calculated
    $173,951
    From this org
    $132,326
    From related orgs
    $0
    Other
    $41,625
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $132,326
    Bonus
    $0
    Other
    $0
    Deferred
    $26,737
    Nontaxable benefits
    $14,888
    Filer's total
    $173,951
  • Lawrence Boone II

    PRINCIPAL - DAL

    Total calculated
    $173,040
    From this org
    $139,509
    From related orgs
    $0
    Other
    $33,531
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $134,069
    Bonus
    $5,440
    Other
    $0
    Deferred
    $26,832
    Nontaxable benefits
    $6,699
    Filer's total
    $173,040
  • Juliana Santos

    PRINCIPAL - BUR

    Total calculated
    $137,886
    From this org
    $115,909
    From related orgs
    $0
    Other
    $21,977
    Hours/week
    40
  • David Gidlow

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Gil Flores

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Elena Lopez

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Frankie Jimenez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Celia Alvarado

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tamara Powers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Lida Jennings

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jazmin Ortega

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ronnie Arenas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Juan Hernandez

    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 · Compensation committee
  • 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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • GNLA 697 S BURLINGTON LLC

    SCHOOL FACILITY · CA · income $472,964 · assets $10,421,339

    Directly controlled by GRUPO NUEVO LOS ANGELES

  • 3500 W TEMPLE LLC

    SCHOOL FACILITY · CA · income $433,092 · assets $16,166,670

    Directly controlled by GRUPO NUEVO LOS ANGELES

  • FIFTEENTH AND ARDMORE LLC

    SCHOOL FACILITY · CA · income $222,514 · assets $5,360,963

    Directly controlled by GRUPO NUEVO LOS ANGELES

  • GNLA 669 S BURLINGTON LLC

    LOW-INCOME HOUSING · CA · income $132,658 · assets $2,089,856

    Directly controlled by GRUPO NUEVO LOS ANGELES

  • GNLA 3435 W TEMPLE LLC

    SCHOOL FACILITY · CA · income $65,447 · assets $390,308

    Directly controlled by GRUPO NUEVO LOS ANGELES

Provenance

Return type
form_990
Tax year
2023
Filed
12 May 2025
IRS schema version
2023v6.0
Source object
202531339349308958

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