Nonprofit · EIN 27-0174003
VALLEY CHARTER SCHOOLS
Tax-exempt · NORTH HILLS, CA 91343
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $10,726,142 | $10,447,753 | $278,389 | $9,221,551 | $3,520,726 | $5,700,825 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,614,739
- of which government grants
- $10,398,999
- Program service revenue
- $0
- Investment income
- $92,581
- Other revenue
- $18,822
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $279,134
- Other salaries and wages
- $4,192,498
- Salaries, compensation and benefits (total)
- $5,874,301
- Professional fundraising fees
- $0
- Legal fees
- $69,093
- Accounting fees
- $35,928
- Occupancy
- $982,395
- Depreciation
- $117,331
- Program services (functional)
- $8,892,580
- Management and general (functional)
- $1,529,459
- Fundraising (functional)
- $25,714
Balance sheet and other
- Total assets, start of year
- $9,028,414
- Total assets, end of year
- $9,221,551
- Total liabilities, end of year
- $3,520,726
- Net assets, end of year
- $5,700,825
- Land, buildings and equipment
- $374,748
- Net assets without donor restrictions
- $5,700,825
- Gross receipts
- $10,726,142
- Employees
- 120
- Volunteers
- 35
- Year formed
- 2009
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CAROLYN YAFFE | EXECUTIVE DIRECTOR Officer | 40 | $194,834 | $80,341 |
| ELIZABETH ADAMS | PRINCIPAL, VCES Highest-paid employee | 40 | $131,738 | $58,972 |
| BRENDA SADEGHI | PRINCIPAL, VCMS Highest-paid employee | 40 | $132,118 | $41,318 |
| ALICIA PAOLETTA | PSYCHOLOGIST, VCMS Highest-paid employee | 40 | $102,125 | $45,197 |
| JONI ANGEL | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| HALEIGH IKE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ANGELA SALDIVAR | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| RACHEL HAZLEHURST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIANNA PINERUA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROHIT SHARMA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONATHAN TIONGCO | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 16514 NORDHOFF ST, NORTH HILLS, CA 91343-3722
- In care of
- % JESSICA TORRES
- Principal officer (990 for 2024)
- CAROLYN YAFFE, 16514 NORDHOFF STREET, NORTH HILLS, CA 91343
- Signed the 990
- CAROLYN YAFFE, EXECUTIVE DIRECTOR
- Phone
- (818) 810-6713
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO PROVIDE A HOLISTIC AND EXCEPTIONAL EDUCATION TO A DIVERSE STUDENT BODY, CULTIVATING IN STUDENTS INTELLECTUAL CURIOSITY, COLLABORATION, RESPECT FOR OTHERS, AND A PASSION FOR EXCELLENCE.
Program accomplishments
- VALLEY CHARTER ELEMENTARY IS A PUBLIC CHARTER SCHOOL SERVING APPROXIMATELY 295 STUDENTS IN GRADES KINDERGARTEN THROUGH 5TH GRADE, AND VALLEY CHARTER MIDDLE SCHOOL IS A PUBLIC CHARTER SCHOOL SERVING APPROXIMATELY 264 STUDENTS IN GRADES 6TH THROUGH 8TH GRADE FOR THE YEAR ENDED JUNE 30, 2025.Expenses $8,892,580
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-0174003
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $9,221,551
- Income (IRS master file)
- $10,726,142
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $9,219,360 | $8,697,300 | $8,452,929 | IRS |
| 990 | June 2022 | $8,215,535 | $7,262,174 | $5,413,607 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about VALLEY CHARTER SCHOOLS
- What is the EIN of VALLEY CHARTER SCHOOLS?
- The employer identification number (EIN) of VALLEY CHARTER SCHOOLS is 27-0174003.
- Is VALLEY CHARTER SCHOOLS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to VALLEY CHARTER SCHOOLS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY CHARTER SCHOOLS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VALLEY CHARTER SCHOOLS due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALLEY CHARTER SCHOOLS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of VALLEY CHARTER SCHOOLS?
- The 990 for the year ended June 30, 2025 names CAROLYN YAFFE.
- Who are the officers and directors of VALLEY CHARTER SCHOOLS?
- The 990 for the year ended June 30, 2025 lists 11 people; 4 received compensation from the organization, the highest $194,834 (CAROLYN YAFFE, EXECUTIVE DIRECTOR).
- How much revenue does VALLEY CHARTER SCHOOLS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $10,726,142, expenses of $10,447,753 and total assets of $9,221,551 at year end.
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