San Diego Virtual School
EIN: 452609877 · San Diego, CA · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $8.3M |
| Total Expenses | $5.7M |
| Net Assets | $3.1M |
Is San Diego Virtual School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About San Diego Virtual School
San Diego Virtual School (EIN: 452609877) is a nonprofit organization based in San Diego, CA, classified under NTEE code B29. The organization reported total revenue of $8.3M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of San Diego Virtual School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
San Diego Virtual School is a mid-size nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 46.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.9M |
| Total Expenses | $5.7M |
| Surplus / Deficit | +$241K |
| Total Assets | $4.4M |
| Total Liabilities | $1.3M |
| Net Assets | $3.1M |
| Operating Margin | 4.1% |
| Debt-to-Asset Ratio | 29.9% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2023, San Diego Virtual School reported a surplus of $241K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 29.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), San Diego Virtual School's revenue has grown at a compound annual growth rate (CAGR) of 46.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.1% | +14.0% | +10.5% |
| 2022 | +11.4% | +17.2% | +9.8% |
| 2021 | -4.1% | -4.0% | +34.0% |
| 2020 | +2.8% | -2.0% | +9.2% |
| 2019 | -9.4% | -3.8% | -11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for San Diego Virtual School has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates San Diego Virtual School with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $241K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.9%.
Frequently Asked Questions about San Diego Virtual School
Is San Diego Virtual School a legitimate charity?
San Diego Virtual School (EIN: 452609877) is a registered tax-exempt nonprofit based in California. It has 13 years of IRS 990 filings on record. Total revenue: $8.3M. No red flags identified. Financial health grade: A.
How does San Diego Virtual School spend its money?
San Diego Virtual School reported $8.3M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to San Diego Virtual School tax-deductible?
San Diego Virtual School is registered as a tax-exempt nonprofit (EIN: 452609877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is San Diego Virtual School located?
San Diego Virtual School is headquartered in San Diego, California and files with the IRS under EIN 452609877. It is classified under NTEE code B29.
How many years of IRS 990 filings does San Diego Virtual School have?
San Diego Virtual School has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $8.3M in total revenue.
Filing History
IRS 990 filing history for San Diego Virtual School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), San Diego Virtual School's revenue has grown by 9498.9%, moving from $62K to $5.9M. Total assets increased by 8567.3% over the same period, from $51K to $4.4M. Total functional expenses rose by 5911.3%, from $95K to $5.7M. In its most recent filing year (2023), San Diego Virtual School reported a surplus of $241K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $4.4M in assets (debt-to-asset ratio: 29.9%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.9M | $5.7M | $4.4M | $1.3M | — | — |
| 2022 | $5.1M | $5.0M | $4.0M | $1.1M | — | View 990 |
| 2021 | $4.6M | $4.3M | $3.6M | $855K | — | View 990 |
| 2020 | $4.7M | $4.4M | $2.7M | $229K | — | — |
| 2019 | $4.6M | $4.5M | $2.5M | $309K | — | View 990 |
| 2018 | $5.1M | $4.7M | $2.8M | $701K | — | View 990 |
| 2017 | $4.1M | $3.6M | $1.8M | $63K | — | View 990 |
| 2016 | $4.1M | $3.4M | $1.2M | $49K | — | View 990 |
| 2015 | $2.5M | $2.3M | $889K | $381K | — | View 990 |
| 2014 | $1.7M | $1.6M | $626K | $285K | — | View 990 |
| 2013 | $985K | $1.1M | $461K | $432K | — | View 990 |
| 2012 | $560K | $394K | $299K | $166K | — | View 990 |
| 2011 | $62K | $95K | $51K | $83K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.9M, expenses of $5.7M, and assets of $4.4M (revenue +17.1% year-over-year).
- 2022: Revenue of $5.1M, expenses of $5.0M, and assets of $4.0M (revenue +11.4% year-over-year).
- 2021: Revenue of $4.6M, expenses of $4.3M, and assets of $3.6M (revenue -4.1% year-over-year).
- 2020: Revenue of $4.7M, expenses of $4.4M, and assets of $2.7M (revenue +2.8% year-over-year).
- 2019: Revenue of $4.6M, expenses of $4.5M, and assets of $2.5M (revenue -9.4% year-over-year).
- 2018: Revenue of $5.1M, expenses of $4.7M, and assets of $2.8M (revenue +24.5% year-over-year).
- 2017: Revenue of $4.1M, expenses of $3.6M, and assets of $1.8M (revenue +0.6% year-over-year).
- 2016: Revenue of $4.1M, expenses of $3.4M, and assets of $1.2M (revenue +62.3% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.3M, and assets of $889K (revenue +48.2% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.6M, and assets of $626K (revenue +71.7% year-over-year).
- 2013: Revenue of $985K, expenses of $1.1M, and assets of $461K (revenue +75.9% year-over-year).
- 2012: Revenue of $560K, expenses of $394K, and assets of $299K (revenue +804.6% year-over-year).
- 2011: Revenue of $62K, expenses of $95K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for San Diego Virtual School:
Data Sources and Methodology
This transparency report for San Diego Virtual School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.