Diego Hills Public Charter Inc in Lancaster, California (CA)

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Diego Hills Public Charter Inc
Employer Identification Number (EIN)264557999
Name of OrganizationDiego Hills Public Charter Inc
Address42455 10th Street West, Lancaster, CA 93534-7060
SubsectionEducational Organization
Ruling Date02/2011
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$11,868,358
Amount of Income$11,935,567
Form 990 Revenue Amount$11,895,740
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities:

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Amount of income in 2014: $11,935,567 (it was $0 in 2013)
This organization: 

Other organizations performing similar types of work: 


Assets in 2014: $11,868,358 (it was $72,219 in 2013)
Diego Hills Public Charter Inc: 

Other organizations performing similar types of work: 


Expenses in 2013: $59,662
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 200.1
Diego Hills Public Charter Inc: 

Other organizations performing similar types of work: 


Grants share in income in 2013: -,nan,(ind)%
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$0
Total expenses$59,662
Total net assets$72,219
Excess/Deficit for the year$-59,662
Net assets or fund balances at beginning of year$131,881
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$72,219
Balance Sheets
Total assets$3,219,739$5,387,466$72,219
Total liabilities$2,604,146$4,343,969$0
Net assets or fund balances$72,219
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?Yes
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
Number of organizations supported0
Sum of amounts of support$0
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18Diego Hills Public Charter Inc42455 10th Street West, Lancaster, CA 93534-7060CA2011-02$11,935,567
19California Virtual Academy At San Joaquin -A California Nprft Corp-2360 Shasta Way Ste A, Simi Valley, CA 93065-1800CA2010-11$11,371,263
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Number of organizations performing similar types of work
District of Columbia51
North Carolina76
New Hampshire11
New Jersey55
New Mexico3
New York215
Rhode Island14
South Carolina51

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