Rlg Land Foundation
- Assets
- $25.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Bakersfield, CA
- Founding
- 01/2012
- Data as of
- 06/2022
- EIN
- 27-4299338
Organization Overview
Rlg Land Foundation is located in Bakersfield, CA. The organization was established in 2012. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rlg Land Foundation 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, Rlg Land Foundation generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $2.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILD AND MAINTAIN SCHOOL BUILDINGS AND LAND ON WHICHCHARTER SCHOOLS AND EDIBLE SCHOOL GARDENS OPERATE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa D Grimm President | 1 | $0 | |
Catherine Card Cfo/secretary | 1 | $0 | |
Polly Thomas Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,072 |
| Net Rental Income | -$523,441 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $84,562 |
| Total Revenue | $1,533,826 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,228,847 |
| Taxes | $2,284 |
| Depreciation | $741,786 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45,040 |
| Total operating and administrative expenses | $2,485,690 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,485,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,470 |
| Savings and temporary cash investments | $785,939 |
| Net Accounts receivable | $22,252 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $21,472,174 |
| Other assets | $2,752,240 |
| Total assets | $25,153,075 |
| Accounts payable and accrued expenses | $11,940 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $23,319,382 |
| Other liabilities | $720,258 |
| Total liabilities | $24,051,580 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Music Academy Of The West Santa Barbara, CA | $120,750,921 | $15,444,605 |
Community Music Center San Francisco, CA | $15,281,174 | $7,950,655 |
Community School Of Music And Arts Mountain View, CA | $18,628,663 | $6,488,682 |
East Bay Center For The Performing Arts Richmond, CA | $17,638,229 | $4,210,824 |
Pasadena Conservatory Of Music Pasadena, CA | $15,881,465 | $7,957,752 |
Rlg Land Foundation Bakersfield, CA | $25,153,075 | $1,533,826 |
Etm-La Inc Burbank, CA | $1,833,553 | $2,704,236 |
Northwest Childrens Theater And School Inc Portland, OR | $1,969,323 | $1,602,828 |
Northwest Professional Dance Project Portland, OR | $1,772,788 | $1,279,998 |
Stanford Jazz Workshop Stanford, CA | $2,242,976 | $2,072,120 |
College Of Adaptive Arts Saratoga, CA | $617,789 | $1,346,565 |
Claremont Community School Of Music Claremont, CA | $591,718 | $1,260,118 |