A California non-profit corporation in good standing
TIEE’s non-profit status [501(c)(3)] means that all revenues are devoted to program efforts, including retaining a highly-qualified supervisory and direct service staff as well as the acquisition, improvement, and maintenance of facilities and equipment. Sound financial practices and planning have received annual, independent audits for over 25 years.
School tuitions account for approximately 94 percent of TIEE’s revenue and, of that, about 68 percent is derived from public school contracts to serve students with special needs. During the 2014-2015 school year, TIEE contracted with 25 San Diego and Riverside County school districts to educate approximately 182 students with special needs and with nearly 200 families to educate their typically developing children. The first chart below shows income by category for five years, beginning with the 2010-2011 year.
The second chart below shows TIEE’s major expense categories and the amounts spent each year for the five year period beginning 2010-2011. During the 2010-2011 school year, TIEE retained over 165 personnel, including 66 professionals and more than 70 paraprofessionals, leading to a payroll that accounted for 75 percent of its entire annual operating expense. The third chart, a pie chart shows that the 75 percent figure was average for the five year period beginning with the 2010-2011 year.
Assets and liabilities
Thanks to substantial private donations, TIEE owns its Children’s Workshop site, located at 4055 Camino Del Rio South, and its COOK Education Center, located at 2255 Camino Del Rio South, both in San Diego, California. It holds long-term leases on the site of the Urban Skills Center and Mt. Helix Academy. Apart from these leases, TIEE has no other long-term financial obligations.