Partnership For Los Angeles Schools
- Assets
- $57.1m
- Revenue
- $16.5m
- Investments
- $0.0
- Employees
- 180
- Location
- Los Angeles, CA
- Founding
- 03/2008
- Data as of
- 06/2023
- EIN
- 26-1759681
Organization Overview
Partnership For Los Angeles Schools is located in Los Angeles, CA. The organization was established in 2008. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Partnership For Los Angeles Schools employed 180 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partnership For Los Angeles Schools 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, Partnership For Los Angeles Schools generated $16.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $22.9m during the year ending 06/2023. While expenses have increased by 12.6% 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.
Since 2015, Partnership For Los Angeles Schools has awarded 149 individual grants totaling $8,654,057. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRANSFORM SCHOOLS TO REVOLUTIONIZE SCHOOL SYSTEMS TO EMPOWER ALL STUDENTS WITH A HIGH-QUALITY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRANSFORM SCHOOLS - TO INCREASE GRADUATION RATES AND PROFICIENCY RATES IN MATH AND ELA
REVOLUTIONIZE SCHOOL SYSTEMS - TO CHAMPION MORE EQUITABLE POLICIES AND PRACTICES FOR HIGHEST-NEED SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Anane CEO | Officer | 40 | $283,521 |
Ian Guidera Chief Academic Officer | Officer | 40 | $226,223 |
Adam Fletcher Chief Of Staff | Officer | 40 | $198,333 |
Rachel Bonkovsky Sr VP Of School Culture | 40 | $197,316 | |
Randy Romero Chief Schools Officer | Officer | 40 | $196,894 |
Courtney Sawyer Sr VP Of School Transformation | 40 | $189,259 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vectis Strategies Llc Public Relations | 6/29/20 | $135,475 |
Noble Accounting Llc Accounting | 6/29/20 | $122,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $165,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,066,618 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,231,618 |
| Total Program Service Revenue | $2,255,315 |
| Investment income | $1,939 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,024,091 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,512,963 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,980,340 |
| Grants and other assistance to domestic individuals. | $114,924 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,801,321 |
| Compensation of current officers, directors, key employees. | $278,878 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,977,240 |
| Pension plan accruals and contributions | $459,888 |
| Other employee benefits | $991,983 |
| Payroll taxes | $861,717 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,741 |
| Fees for services: Accounting | $23,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,384,875 |
| Advertising and promotion | $0 |
| Office expenses | $115,837 |
| Information technology | $275,431 |
| Royalties | $0 |
| Occupancy | $334,645 |
| Travel | $260,791 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $74,872 |
| All other expenses | $221,647 |
| Total functional expenses | $22,911,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,876,992 |
| Savings and temporary cash investments | $219,992 |
| Pledges and grants receivable | $23,337,111 |
| Accounts receivable, net | $11,444 |
| 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 | $222,915 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $29,242,950 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $160,927 |
| Total assets | $57,072,331 |
| Accounts payable and accrued expenses | $949,018 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $132,461 |
| Total liabilities | $1,081,479 |
| Net assets without donor restrictions | $32,473,850 |
| Net assets with donor restrictions | $23,517,002 |
| 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 | $57,072,331 |
Grants Awarded
Over the last fiscal year, Partnership For Los Angeles Schools has awarded $2,973,390 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
LEADING EDUCATORS PURPOSE: EFFECTIVE IMPLEMENTATION COHORT PARTICIPATION FUNDING | $887,976 |
PARTNERSHIP NETWORK HIGH SCHOOLS PURPOSE: SUBJECT CREDIT RECOVERY LICENSE FEES | $840,991 |
ACHIEVEMENT NETWORK PURPOSE: EFFECTIVE IMPLEMENTATION COHORT PARTICIPATION FUNDING | $662,024 |
LAUSD LOCAL DISTRICT CENTRAL PURPOSE: EFFECTIVE IMPLEMENTATION COHORT PARTICIPATION FUNDING | $135,000 |
LAUSD LOCAL DISTRICT SOUTH PURPOSE: EFFECTIVE IMPLEMENTATION COHORT PARTICIPATION FUNDING | $115,000 |
LAUSD LOCAL DISTRICT EAST PURPOSE: EFFECTIVE IMPLEMENTATION COHORT PARTICIPATION FUNDING | $105,000 |