California Virtual Academy - Sonoma is a 501(c)(3) organization based in Simi Valley, California, registered in 2008, with $12,566,562 in FY2023 revenue. CharityIndex grades it C.
Revenue (FY2023)
$12.6M
▲ 12.4% vs prior year
Education median: $200K
Expenses (FY2023)
$12.4M
Net assets
$365K
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 - Sonoma— 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 - Sonoma: 0 mo reserves · +1% 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 - Sonoma— 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 - Sonoma: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $7.4M (FY2013) to $12.6M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
1.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.2M
Total liabilities
$3.8M
Net assets
$365K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $12,566,562▲12.4% | $12,386,510▲13.1% | $364,952▲97.4% | $4,154,131▼4.3% | 990 |
| 2022 | $11,181,243▲15.2% | $10,949,364▲12.8% | $184,900 | $4,339,355▲6.7% | 990 |
| 2021 | $9,708,482▲17.5% | $9,708,482▲17.5% | $0 | $4,066,925▼32.9% | 990 |
| 2020 | $8,264,728▲24.3% | $8,264,728▲24.3% | $0 | $6,063,057▲170% | 990 |
| 2019 | $6,650,076▲4.9% | $6,650,076▲4.9% | $0 | $2,243,594▲14.5% | 990 |
| 2018 | $6,337,908▼0.2% | $6,337,908▼0.2% | $0 | $1,960,024▲18.1% | 990 |
| 2017 | $6,353,070▲2.3% | $6,353,070▲2.3% | $0 | $1,659,166▲15.1% | 990 |
| 2016 | $6,211,021▼3.5% | $6,211,021▼3.5% | $0 | $1,441,915▼5.4% | 990 |
| 2015 | $6,436,934▼4.0% | $6,436,934▼4.0% | $0 | $1,524,201▲1.6% | 990 |
| 2014 | $6,705,421▼9.5% | $6,705,421▼8.7% | $0 | $1,500,484▼21.9% | 990 |
| 2013 | $7,406,371 | $7,346,565▼1.4% | $0 | $1,920,646▼21.3% | 990 |
| 2012 | — | $7,452,441▼19.0% | $0 | $2,439,432▼36.0% | 990 |
| 2011 | — | $9,199,641▲10.8% | $0 | $3,813,196▲64.8% | 990 |
| 2010 | — | $8,304,434 | $0 | $2,313,791 | 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 - Sonoma (EIN 71-0969438) 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.