Nonprofit · EIN 82-4453363
ELITE ACADEMIC ACADEMY - LUCERNE
Tax-exempt · TEMECULA, CA 92590
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $20,905,471 | $20,345,245 | $560,226 | $5,703,198 | $3,494,672 | $2,208,526 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $20,869,891
- of which government grants
- $20,869,891
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $35,580
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $494,778
- Other salaries and wages
- $9,025,452
- Salaries, compensation and benefits (total)
- $11,864,676
- Professional fundraising fees
- $0
- Legal fees
- $20,925
- Accounting fees
- $29,044
- Occupancy
- $141,886
- Travel
- $34,574
- Program services (functional)
- $14,452,023
- Management and general (functional)
- $5,893,222
Balance sheet and other
- Total assets, start of year
- $3,800,404
- Total assets, end of year
- $5,703,198
- Total liabilities, end of year
- $3,494,672
- Net assets, end of year
- $2,208,526
- Net assets without donor restrictions
- $2,208,526
- Gross receipts
- $20,905,471
- Employees
- 206
- Volunteers
- 6
- Year formed
- 2018
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MEGHAN FREEMAN | CHIEF EXECUTIVE OFFICER Officer | 22 | $347,191 | $0 | $59,196 |
| LAURA SPENCER | CHIEF ACADEMIC OFFICER Key employee | 21 | $214,025 | $0 | $49,234 |
| ASHLEA KIRKLAND | CHIEF STUDENT DEVELOPMENT Key employee | 21 | $197,982 | $0 | $47,806 |
| JENNIFER LYNN EDICK | DIRECTOR OF SPECIAL ED Highest-paid employee | 22 | $165,800 | $0 | $40,614 |
| KAREN MAKKAI | DIRECTOR OF MTSS Highest-paid employee | 22 | $149,141 | $0 | $40,914 |
| MONIQUE WAITHE | DIRECTOR OF STUDENT DEV Highest-paid employee | 22 | $151,002 | $0 | $37,247 |
| TERESA SCHAFFER | DIR OF COM RELATIONS Highest-paid employee | 22 | $161,723 | $0 | $22,397 |
| SHANNON NGUYEN | SCHOOL PSYCHOLOGIST Highest-paid employee | 22 | $153,426 | $0 | $28,255 |
| SUSAN ANN MCDOUGAL | PRESIDENT Trustee or director, Officer | 0.5 | $3,900 | $0 | $0 |
| RONALD LLOYD JACKSON | TREASURER / SECRETARY (END MAY 25) Trustee or director, Officer | 0.5 | $1,500 | $2,400 | $0 |
| NICOLE AGUIRRE | VICE PRESIDENT Trustee or director, Officer | 0.5 | $3,600 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 43414 BUSINESS PARK DR, TEMECULA, CA 92590-5526
- Principal officer (990 for 2024)
- MEGHAN FREEMAN, 43414 BUSINESS PARK DRIVE, TEMECULA, CA 92590
- Signed the 990
- ASHLEA KIRKLAND, CEO
- Phone
- (866) 354-8302
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
ELITE ACADEMIC ACADEMY - LUCERNE IS A NONPROFIT PUBLIC BENEFIT CORPORATION AND IS ORGANIZED TO MANAGE AND OPERATE A PUBLIC CHARTER SCHOOL.
Program accomplishments
- ELITE ACADEMIC ACADEMY - LUCERNE IS A CALIFORNIA PUBLIC BENEFIT CORPORATION THAT WAS ORGANIZED TO MANAGE AND OPERATE AN ONLINE K-12 PUBLIC CHARTER SCHOOL. THE SCHOOL PROVIDES A PERSONALIZED LEARNING EXPERIENCE FOR APPROXIMATELY 1,070 STUDENTS THROUGHOUT THE SOUTHERN CALIFORNIA REGION.Expenses $14,452,023
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
- 82-4453363
- 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
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $5,703,198
- Income (IRS master file)
- $20,905,471
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $11,450,875 | $11,360,503 | $3,679,023 | IRS |
| 990 | June 2022 | $8,355,892 | $8,322,388 | $2,314,344 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 ELITE ACADEMIC ACADEMY - LUCERNE
- What is the EIN of ELITE ACADEMIC ACADEMY - LUCERNE?
- The employer identification number (EIN) of ELITE ACADEMIC ACADEMY - LUCERNE is 82-4453363.
- Is ELITE ACADEMIC ACADEMY - LUCERNE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to ELITE ACADEMIC ACADEMY - LUCERNE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ELITE ACADEMIC ACADEMY - LUCERNE 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 ELITE ACADEMIC ACADEMY - LUCERNE 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 ELITE ACADEMIC ACADEMY - LUCERNE 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 ELITE ACADEMIC ACADEMY - LUCERNE?
- The 990 for the year ended June 30, 2025 names MEGHAN FREEMAN.
- Who are the officers and directors of ELITE ACADEMIC ACADEMY - LUCERNE?
- The 990 for the year ended June 30, 2025 lists 11 people; 11 received compensation from the organization, the highest $347,191 (MEGHAN FREEMAN, CHIEF EXECUTIVE OFFICER).
- How much revenue does ELITE ACADEMIC ACADEMY - LUCERNE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $20,905,471, expenses of $20,345,245 and total assets of $5,703,198 at year end.
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