SILVER2023

PALOUSE PRAIRIE EDUCATIONAL ORGANIZATION

Moscow, ID   |  www.palouseprairieschool.org
GuideStar Charity Check

PALOUSE PRAIRIE EDUCATIONAL ORGANIZATION

EIN: 20-8870679


Mission

The mission of Palouse Prairie Charter School is to engage the children and the community of the Palouse in a rigorous and collaborative education of the highest standards by fostering a spirit of inquiry, a persistence towards excellence, a responsibility for learning, and an ethic of service.

Ruling year info

2008

Principal Officer

Sara Beggs

Main address

406 Powers Ave.

Moscow, ID 83843 USA

Show more contact info

EIN

20-8870679

Subject area info

Elementary education

Charter school education

Early childhood education

Population served info

Children and youth

Students

NTEE code info

Charter Schools (B29)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

EL Education grades K-8

As a Credentialed EL Education school (formerly known as Expeditionary Learning) we believe that when students and teachers are engaged in work that is challenging, adventurous and meaningful, learning and achievement flourish. We create classrooms where teachers can fulfill their highest aspirations, and students achieve more than they think possible, becoming active contributors to building a better world.

Population(s) Served
Children and youth
Students

Where we work

Financials

PALOUSE PRAIRIE EDUCATIONAL ORGANIZATION
Fiscal year: Jul 01 - Jun 30
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

0.24

Average of 1.73 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

2.7

Average of 3.7 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

35%

Average of 30% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

PALOUSE PRAIRIE EDUCATIONAL ORGANIZATION

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

PALOUSE PRAIRIE EDUCATIONAL ORGANIZATION

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

PALOUSE PRAIRIE EDUCATIONAL ORGANIZATION

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of PALOUSE PRAIRIE EDUCATIONAL ORGANIZATION’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation -$59,187 $148,164 $157,888 $132,953 $200,643
As % of expenses -4.4% 10.1% 10.0% 7.7% 10.1%
Unrestricted surplus (deficit) after depreciation -$70,555 $83,814 $79,058 $53,163 $121,216
As % of expenses -5.2% 5.5% 4.8% 2.9% 5.9%
Revenue composition info
Total revenue (unrestricted & restricted) $1,281,555 $1,630,733 $1,728,176 $1,870,988 $2,214,400
Total revenue, % change over prior year -18.0% 27.2% 6.0% 8.3% 18.4%
Program services revenue 5.8% 4.7% 2.4% 2.8% 4.2%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.5% 0.4% 0.1% 0.0% 0.7%
Government grants 108.0% 91.9% 94.1% 95.1% 93.7%
All other grants and contributions 5.1% 3.0% 3.3% 2.0% 1.4%
Other revenue -19.3% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $1,336,916 $1,471,945 $1,576,305 $1,730,282 $1,987,834
Total expenses, % change over prior year 3.3% 10.1% 7.1% 9.8% 14.9%
Personnel 73.4% 73.2% 74.5% 74.2% 69.9%
Professional fees 0.0% 0.0% 0.0% 0.0% 0.0%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 7.7% 5.9% 5.2% 4.4%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 26.6% 19.1% 19.6% 20.6% 25.7%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $1,348,284 $1,536,295 $1,655,135 $1,810,072 $2,067,261
One month of savings $111,410 $122,662 $131,359 $144,190 $165,653
Debt principal payment $0 $0 $70,367 $73,088 $75,918
Fixed asset additions $2,081,160 $293,636 $104,805 $0 $126,278
Total full costs (estimated) $3,540,854 $1,952,593 $1,961,666 $2,027,350 $2,435,110

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 2.8 3.6 3.2 3.0 2.7
Months of cash and investments 2.8 3.6 3.2 3.0 2.7
Months of estimated liquid unrestricted net assets 1.9 2.6 2.3 2.1 1.8
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $308,808 $442,080 $420,414 $436,091 $451,155
Investments $0 $0 $0 $0 $0
Receivables $55,736 $51,371 $32,828 $77,056 $131,991
Gross land, buildings, equipment (LBE) $2,877,940 $3,171,576 $3,276,381 $3,312,196 $3,435,126
Accumulated depreciation (as a % of LBE) 0.5% 2.4% 4.8% 7.1% 9.1%
Liabilities (as a % of assets) 70.5% 70.8% 68.8% 67.2% 64.3%
Unrestricted net assets $952,744 $1,036,558 $1,115,616 $1,153,496 $1,274,712
Temporarily restricted net assets $3,826 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $3,826 $14,450 $8,433 $31,469 $57,392
Total net assets $956,570 $1,051,008 $1,124,049 $1,184,965 $1,332,104

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Principal Officer

Sara Beggs

Number of employees

Source: IRS Form 990

PALOUSE PRAIRIE EDUCATIONAL ORGANIZATION

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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There are no highest paid employees recorded for this organization.

PALOUSE PRAIRIE EDUCATIONAL ORGANIZATION

Board of directors
as of 11/09/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No