California Virtual Academy-san Diego is a 501(c)(3) organization based in Simi Valley, California, registered in 2010, with $52,058,866 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$52.1M
▲ 16.3% vs prior year
Education median: $200K
Expenses (FY2023)
$49.9M
Net assets
$5.0M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for California Virtual Academy-san Diego— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For California Virtual Academy-san Diego: 1 mo reserves · +4% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for California Virtual Academy-san Diego— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For California Virtual Academy-san Diego: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $26.5M (FY2013) to $52.1M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
4.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$17.0M
Total liabilities
$12.0M
Net assets
$5.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $52,058,866▲16.3% | $49,935,709▲16.2% | $5,049,994▲72.5% | $17,044,865▲19.7% | 990 |
| 2022 | $44,754,196▲9.9% | $42,962,758▲8.6% | $2,926,837▲158% | $14,241,447▲36.0% | 990 |
| 2021 | $40,709,746▲39.3% | $39,574,347▲35.4% | $1,135,399 | $10,474,741▼43.1% | 990 |
| 2020 | $29,221,085▲20.2% | $29,221,085▲20.2% | $0 | $18,403,573▲366% | 990 |
| 2019 | $24,319,721▲15.4% | $24,319,721▲15.4% | $0 | $3,948,465▼31.4% | 990 |
| 2018 | $21,077,090▼1.4% | $21,077,090▼1.4% | $0 | $5,757,815▲27.0% | 990 |
| 2017 | $21,382,215▲3.4% | $21,382,215▲3.4% | $0 | $4,532,474▲36.2% | 990 |
| 2016 | $20,682,563▼23.5% | $20,682,563▼23.5% | $0 | $3,328,262▼29.7% | 990 |
| 2015 | $27,046,490▼2.7% | $27,046,490▼2.7% | $0 | $4,736,304▼35.4% | 990 |
| 2014 | $27,804,408▲5.0% | $27,804,408▲6.1% | $0 | $7,328,478▲2.7% | 990 |
| 2013 | $26,486,890 | $26,213,973▲1.5% | $0 | $7,137,870▼34.2% | 990 |
| 2012 | — | $25,821,246▲13.4% | $0 | $10,847,676▲16.8% | 990 |
| 2011 | — | $22,778,925▲20.4% | $0 | $9,285,072▲51.0% | 990 |
| 2010 | — | $18,914,721 | $0 | $6,150,506 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for California Virtual Academy-san Diego (EIN 22-3871537) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.