California Childrens Academy
- Assets
- $7.3m
- Revenue
- $13.8m
- Investments
- $0.0
- Employees
- 221
- Location
- Los Angeles, CA
- Founding
- 09/1972
- Data as of
- 06/2023
- EIN
- 23-7156847
Organization Overview
California Childrens Academy is located in Los Angeles, CA. The organization was established in 1972. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2023, California Childrens Academy employed 221 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Childrens 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 06/2023, California Childrens Academy generated $13.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $13.7m during the year ending 06/2023. While expenses have increased by 7.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CCA IS COMMITTED TO PREPARING YOUNG CHILDREN TO BE GLOBAL CITIZENS WHO ARE DEVELOPMENTALLY WELL-ROUNDED, EMOTIONALLY LITERATE, AND ENVIRONMENTALLY CONSCIOUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CALIFORNIA CHILDREN'S ACADEMY WORKS DAILY TO PROVIDE THE CHILDREN IN OUR COMMUNITIES THE EXPERIENCES NEEDED FOR DISCOVERY AND LEARNING. WE DO THIS THROUGH FOCUSED CURRICULUM PLANNING AND EXECUTION, NURTURING AND CARING RELATIONSHIPS, HIGH QUALITY ENVIRONMENTS, AND DETAILED PLANS FOR INDIVIDUAL SUPPORT. IT IS OUR GOAL TO PREPARE CHILDREN TO BE KNOWLEDGE SEEKERS, GOOD CITIZENS, AND ROLE MODELS FOR POSITIVE RELATIONSHIPS. OUR SERVICES ARE INCLUSIVE OF INFANTS, TODDLERS, PRESCHOOLERS, AND THEIR FAMILIES. DURING THE 2021-2022 FY, CCA OPERATED 15 SCHOOLS AND SERVED HUNDREDS OF CHILDREN PER DAY ACROSS LOS ANGELES COUNTY.
CCA ADMINISTERS THE CA CHILD AND ADULT FOOD PROGRAM, WHICH PROVIDES MEAL SUBSIDIES FOR THE CHILDREN IN THE PROGRAM AND IS A SUBRECIPIENT FROM THE CA DEPARTMENT OF SOCIAL SERVICES. THIS SUBSIDY ALLOWS CCA TO PROVIDE BALANCED MEALS AND SNACKS TO THE STUDENTS IN OUR PROGRAM, PROVIDING UP TO 80% OF EACH CHILD'S DAILY NUTRITIONAL REQUIREMENTS. DURING THE 2021-2022 FY, CCA WAS ABLE TO PROVIDE 3 MEALS PER DAY (BREAKFAST, LUNCH, SNACK) PER CHILD, WHICH RESULTED IN THOUSANDS OF MEALS SERVED.
CCA RECEIVES TEMPORARILY RESTRICTED FUNDS FROM LOCAL FUNDING SOURCES TO FURTHER THE MISSION OF PROVIDING CHILD CARE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Kotick Director | Trustee | 1 | $0 |
Ralph Avila Chairperson | OfficerTrustee | 1 | $0 |
Fernando Tovar Vice Chair And Secretary | OfficerTrustee | 1 | $0 |
J'on R Dennis Treasurer | OfficerTrustee | 1 | $0 |
James P Macpherson Jr Director | Trustee | 1 | $0 |
Maria Paty Hernandez Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Childcare Careers Llc Temporary Teachers, Teaching Asst. | 6/29/23 | $672,806 |
Apple One Employment Staffing | 6/29/23 | $117,801 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,811,182 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,068 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,835,250 |
| Total Program Service Revenue | $0 |
| Investment income | $108 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,536 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,828,246 |
| 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. | $193,269 |
| Compensation of current officers, directors, key employees. | $135,288 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,357,583 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,249,052 |
| Payroll taxes | $557,415 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,422 |
| Fees for services: Accounting | $49,538 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $963,263 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,032,968 |
| Travel | $246,612 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,551 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $73,925 |
| Insurance | $116,166 |
| All other expenses | $281,444 |
| Total functional expenses | $13,726,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,163,828 |
| Savings and temporary cash investments | $2,723,948 |
| Pledges and grants receivable | $760,676 |
| Accounts receivable, net | $12,245 |
| 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 | $144,990 |
| Net Land, buildings, and equipment | $549,587 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,929,178 |
| Total assets | $7,284,452 |
| Accounts payable and accrued expenses | $1,176,484 |
| Grants payable | $204,498 |
| Deferred revenue | $2,082,456 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,037,961 |
| Total liabilities | $6,501,399 |
| Net assets without donor restrictions | $783,053 |
| Net assets with donor restrictions | $0 |
| 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 | $7,284,452 |