Charter Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO INITIATE, DEVELOP AND SUPPORT PROGRAMS WHICH ARE DIRECTED TOWARD WORLD-WIDE PEACE THROUGH THOSE TYPES OF PERSONAL RELATIONSHIPS WHICH CONTRIBUTE TO THE PEACE PROCESS. WE PROMOTE AND ASSIST THE ADVANCEMENT OF EDUCATIONAL AND CHARITABLE SERVICES BY MAKING EXPENDITURES FOR ANY ONE OR MORE OF THE NORMALLY ACCEPTED FUNCTIONS SUCH AS EXPENDITURES FOR THE ACQUISITION AND MAINTENANCE OF REAL PROPERTY AS WELL AS ACQUISITION OF EQUIPMENT AND FURNISHINGS USED FOR OR IN CONJUNCTION WITH THE NORMALLY ACCEPTED FUNCTIONS OF AN EDUCATIONAL FACILITY, DEVELOPING AND ADMINISTERING OF RESEARCH PROJECTS, WORKSHOPS, INSTITUTES AND CONFERENCES FOR THE PURPOSE OF FURTHERING THE EDUCATIONAL AND CHARITABLE OBJECTIVES OF THE CORPORATION.
- Income
- $6.6 million
- Spending
- $6.4 million
- Spent on programs
- 88%
- Reserves
- -4.6 months of spending
- Largest source of income
- fees for its services, 74%
- Employees
- 45
- Volunteers
- 0
- Highest pay
- $113,750, vice president, secretary, ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 37 out of 100. Higher than 12% of charities in its peer group (education, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 57% of what it owns.
Living within its means
12 of 15Income exceeded spending by 2% of income.
Income trend
5 of 15Income fell 14% on the year before.
Spending floor
15 of 1588% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 57 out of 100. Higher than 14% of charities in its peer group (education, $1m to $10m).
Independent board
5 of 252 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $5.7 million spent. HIGHLY PERFORMING CHARTER SCHOOL IN A DIVERSE ECONOMIC AND CULTURAL COMMUNITY. THE SCHOOL PROVIDES A COMPLETE COURSE OF STUDY IN CORE SUBJECTS FOR STUDENTS GRADES K-12. Students are taught core subjects in multi-age settings through center-based learning and direct instruction. This learning environment supports the learning style of each student in the school.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1996.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Chg Foundation (Chula Vista, CA), EIN 33-0586911. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.