TRACY LEARNING CENTER-DISCOVERY CHARTER SCHOOL
Mission Statement
Here at Millennium High School, our Athletic program strives to excel not only on the field but in the classroom as well. Our program operates under the fundamental philosophy of “student first, athlete second”. Our student-athletes are held to a minimum academic standard of no less than a 2.0 GPA and no “Fs”. We provide after school tutoring and study halls in which student-athletes are strongly encouraged to take advantage of before heading out to practice. In addition to the rigor our student-athletes experience within the curriculum on campus, many of our juniors and seniors enroll in classes at Delta College to further get ahead. Our student-athletes are goal driven and take pride in being a part of the Falcons Athletics family.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.9% | 84.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.1% | 13.6% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.5% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.9 mo | 10.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
28.4% | 32.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.6% | 88.2% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
4.7% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.6% | 5.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
3.5% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $20.0M | $19.3M | $9.5M | 89.9% | 194 |
| 2024 | $19.1M | $18.3M | $8.7M | 90.5% | 215 |
| 2023 | $18.4M | $15.2M | $9.8M | 90.5% | 196 |
| 2022 | $15.3M | $13.7M | $6.5M | 90.8% | 202 |
| 2021 | $14.8M | $12.5M | N/A | — | 204 |
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