Learning Choice Academy is located in La Mesa, CA. The organization was established in 2006. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Learning Choice Academy employed 136 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Learning Choice Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Learning Choice Academy generated $13.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $13.2m during the year ending 06/2022. While expenses have increased by 6.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE ALL STUDENTS IN AN INTEGRATED SETTING TO BECOME RESPONSIBLE, LITERATE, THINKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
K-12 EDUCATION AND OPERATION OF 3 CHARTER SHCHOOLS: LEARNING CHOICE ACADEMY, LEARNING CHOICE ACADEMY-CHULA VISTA AND LEARNING CHOICE ACADEMY- EAST COUNTY.
K-12 EDUCATION AND OPERATION OF 3 CHARTER SHCHOOLS: LEARNING CHOICE ACADEMY, LEARNING CHOICE ACADEMY-CHULA VISTA AND LEARNING CHOICE ACADEMY- EAST COUNTY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Debi Gooding Executive Di | Officer | 40 | $171,047 |
Mary A Leeds Assistant Di | 40 | $135,254 | |
Jeffrey Fechner Assistant Di | 40 | $128,690 | |
Mary Kniss Food Svc/int | 40 | $109,613 | |
Renee Olmeda Events Coord | 40 | $101,598 | |
Celina Cunningham Chairman | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Julius H Zolezzi Rent | 6/29/22 | $393,215 |
Wilson Property Services Inc Rent | 6/29/22 | $224,312 |
Ami Management Group Rent | 6/29/22 | $136,265 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $13,163,507 |
All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $13,173,507 |
Total Program Service Revenue | $0 |
Investment income | $16,845 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $75,816 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,588,292 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $171,047 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,719,953 |
Pension plan accruals and contributions | $1,270,097 |
Other employee benefits | $738,115 |
Payroll taxes | $239,465 |
Fees for services: Management | $0 |
Fees for services: Legal | $47,262 |
Fees for services: Accounting | $577,006 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $561,271 |
Advertising and promotion | $57,589 |
Office expenses | $108,447 |
Information technology | $102,139 |
Royalties | $0 |
Occupancy | $1,065,351 |
Travel | $7,855 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $75,261 |
Interest | $263,463 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $265,767 |
Insurance | $46,853 |
All other expenses | $47,733 |
Total functional expenses | $13,186,836 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,116,511 |
Savings and temporary cash investments | $1,953,736 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,752,060 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $224,595 |
Net Land, buildings, and equipment | $9,263,017 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $66,323 |
Total assets | $17,376,242 |
Accounts payable and accrued expenses | $545,515 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $9,040,000 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $291,668 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $870,547 |
Total liabilities | $10,747,730 |
Net assets without donor restrictions | $5,319,573 |
Net assets with donor restrictions | $1,308,939 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $17,376,242 |
Over the last fiscal year, we have identified 1 grants that Learning Choice Academy has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Otter Cares Foundation Fort Collins, CO PURPOSE: TINY HOME PROJECT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Lifelong Learning Administration Corporation Lancaster, CA | $25,266,460 | $53,959,766 |
Wonderful College Prep Academy Delano, CA | $24,794,533 | $50,280,007 |
California Virtual Academies At Los Angeles Simi Valley, CA | $29,684,011 | $46,331,896 |
Cabrillo Point Academy Poway, CA | $23,203,988 | $48,389,829 |
Vaughn Next Century Learning Center San Fernando, CA | $201,824,802 | $53,063,832 |
Pacific Coast Academy Poway, CA | $20,772,611 | $44,078,486 |
Birmingham Community Charter High School Van Nuys, CA | $42,319,173 | $47,098,171 |
Education For Change Oakland, CA | $46,722,136 | $44,379,557 |
Mojave River Academy Schools Oro Grande, CA | $19,432,116 | $42,903,299 |
Isana Los Angeles, CA | $25,748,660 | $48,465,580 |
Legacy Traditional Schools - Nevada Inc Chandler, AZ | $98,471,077 | $39,227,732 |
Fenton Charter Public Schools Sun Valley, CA | $39,044,614 | $44,887,355 |