Nonprofit · EIN 95-4813155
VALUE SCHOOLS
Tax-exempt · LOS ANGELES, CA 90005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $37,530,538 | $36,879,559 | $650,979 | $83,782,157 | $63,186,350 | $20,595,807 |
| June 30, 2024 | 990 | $37,757,627 | $36,290,231 | $1,467,396 | $85,561,079 | $65,616,251 | $19,944,828 |
| June 30, 2023 | 990 | $37,247,542 | $34,615,753 | $2,631,789 | $84,247,466 | $65,770,034 | $18,477,432 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $36,930,647
- of which government grants
- $35,969,860
- Program service revenue
- $0
- Investment income
- $487,912
- Other revenue
- $111,979
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $573,150
- Other salaries and wages
- $15,521,860
- Salaries, compensation and benefits (total)
- $22,166,935
- Professional fundraising fees
- $0
- Legal fees
- $85,646
- Accounting fees
- $71,407
- Occupancy
- $4,471,525
- Travel
- $31,860
- Depreciation
- $287,062
- Program services (functional)
- $32,536,874
- Management and general (functional)
- $4,331,899
- Fundraising (functional)
- $10,786
Balance sheet and other
- Total assets, start of year
- $85,561,079
- Total assets, end of year
- $83,782,157
- Total liabilities, end of year
- $63,186,350
- Net assets, end of year
- $20,595,807
- Land, buildings and equipment
- $3,172,608
- Net assets without donor restrictions
- $20,569,867
- Net assets with donor restrictions
- $25,940
- Gross receipts
- $37,530,538
- Employees
- 283
- Volunteers
- 20
- Year formed
- 2000
- 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 |
|---|---|---|---|---|
| LOREEN RILEY | CEO Officer | 40 | $234,375 | $63,597 |
| RHONDA HOFFARTH | CFO Officer | 40 | $212,460 | $60,436 |
| DAVID DOYLE | EVP PARTNERSHIPS & DEVELOPMENT Highest-paid employee | 40 | $188,316 | $64,254 |
| CARMEN VAZQUEZ | CHIEF ACADEMIC OFFICER Highest-paid employee | 40 | $191,091 | $47,796 |
| ANA CHAVEZ | COO Highest-paid employee | 40 | $192,260 | $45,025 |
| JOAQUIN ARROYO | PRINCIPAL Highest-paid employee | 40 | $166,234 | $45,482 |
| ROBERT POYER | PRINCIPAL Highest-paid employee | 40 | $156,313 | $36,726 |
| VINCE GONZALES | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| NAYA BLOOM | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JEFFREY GARCIA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOSE RAMOS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERIKA MARTINEZ-SCOTT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KATHERINE FARRAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LEE CHU | DIRECTOR Trustee or director | 2 | $0 | $0 |
| OLIVER EDMUNDS | DIRECTOR Trustee or director | 2 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAIME DAVILA | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LOREEN RILEY | CEO Officer | 40 | $207,225 | $59,245 |
| RHONDA HOFFARTH | CFO Officer | 40 | $176,372 | $57,004 |
| JOAQUIN ARROYO | PRINCIPAL Highest-paid employee | 40 | $168,723 | $44,937 |
| DAVID DOYLE | EVP PARTNERSHIPS & DEVELOPMENT Highest-paid employee | 40 | $155,833 | $53,351 |
| ANA CHAVEZ | COO Highest-paid employee | 40 | $167,062 | $39,281 |
| ROBERT POYER | PRINCIPAL Highest-paid employee | 40 | $161,904 | $35,908 |
| CHRISTOPHER MEDINGER | PRINCIPAL Highest-paid employee | 40 | $145,423 | $35,304 |
| VINCE GONZALES | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| NAYA BLOOM | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JEFFREY GARCIA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOSE RAMOS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERIKA MARTINEZ-SCOTT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KATHERINE FARRAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LEE CHU | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID DOYLE | EVP PARTNERSHIPS & DEVELOPMENT Highest-paid employee | 40 | $165,617 | $52,933 |
| RHONDA HOFFARTH | CFO Officer | 40 | $147,372 | $52,350 |
| ANA CHAVEZ | COO Highest-paid employee | 40 | $158,951 | $34,945 |
| CHRISTOPHER MEDINGER | PRINCIPAL Highest-paid employee | 40 | $151,784 | $36,689 |
| JOAQUIN ARROYO | PRINCIPAL Highest-paid employee | 40 | $147,881 | $39,875 |
| ROBERT POYER | PRINCIPAL Highest-paid employee | 40 | $139,986 | $32,067 |
| LOREEN RILEY | PRESIDENT/CEO Officer | 40 | $98,717 | $25,888 |
| GRANT CAMBRIDGE | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| VINCE GONZALES | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JEFFREY GARCIA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOSE RAMOS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERIKA MARTINEZ-SCOTT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NAYA BLOOM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KATHERINE FARRAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 680 WILSHIRE PL STE 315, LOS ANGELES, CA 90005-3950
- In care of
- % RHONDA HOFFARTH
- Principal officer (990 for 2024)
- LOREEN RILEY, 680 WILSHIRE PLACE 308, LOS ANGELES, CA 90005
- Signed the 990
- LOREEN RILEY, CEO
- Phone
- (213) 388-8695
- Website
- WWW.VALUESCHOOLS.COM
- Return prepared by
- CLIFTONLARSONALLEN LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4813155 or by the name VALUE SCHOOLS.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
VALUE SCHOOLS ESTABLISHES AND MAINTAINS PUBLIC CHARTER SCHOOLS IN NEIGHBORHOODS THAT HAVE BEEN TRADITIONALLY UNDERSERVED BY THE PUBLIC SCHOOL SYSTEM. VALUE SCHOOLS OFFERS A SUPERIOR EDUCATIONAL CHOICE FOR FAMILIES LIVING IN HIGH POVERTY AREAS OF LOS ANGELES, PROVIDING A STRONG ACADEMIC PROGRAM IN A VALUES-BASED LEARNING COMMUNITY.
Program accomplishments
- VALUE SCHOOLS OPERATES 2 PUBLIC CHARTER K-8 SCHOOLS AND 2 PUBLIC CHARTER HIGH SCHOOLS IN THE KOREATOWN AND PICO-UNION NEIGHBORHOODS OF LOS ANGELES. IN ADDITION TO ACADEMIC PROGRAMS GEARED TO PREPARING STUDENTS TO SUCCEED IN HIGHER EDUCATION, THE SCHOOLS OFFER ATHLETIC AND OTHER EXTRACURRICULAR ACTIVITIES TO DEVELOP WELL ROUNDED CITIZENS.Expenses $32,536,874
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
- 95-4813155
- 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
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $83,782,157
- Income (IRS master file)
- $37,530,538
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $37,530,538 | $36,879,559 | $83,782,157 | IRS |
| 990 | June 2024 | $37,757,627 | $36,290,231 | $85,561,079 | IRS |
| 990 | June 2023 | $37,247,542 | $34,615,753 | $84,247,466 | XML |
| 990 | June 2022 | $32,520,669 | $29,659,233 | $22,385,869 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 95-4813155).
Questions about VALUE SCHOOLS
- What is the EIN of VALUE SCHOOLS?
- The employer identification number (EIN) of VALUE SCHOOLS is 95-4813155.
- Is VALUE SCHOOLS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to VALUE SCHOOLS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALUE 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 VALUE 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 VALUE 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 VALUE SCHOOLS?
- The 990 for the year ended June 30, 2025 names LOREEN RILEY.
- Who are the officers and directors of VALUE SCHOOLS?
- The 990 for the year ended June 30, 2025 lists 16 people; 7 received compensation from the organization, the highest $234,375 (LOREEN RILEY, CEO).
- How much revenue does VALUE SCHOOLS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $37,530,538, expenses of $36,879,559 and total assets of $83,782,157 at year end.
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