Avid Center
- Assets
- $145.0m
- Revenue
- $77.8m
- Investments
- $6.5m
- Employees
- 967
- Location
- San Diego, CA
- Founding
- 02/1997
- Data as of
- 12/2022
- EIN
- 33-0522594
Organization Overview
Avid Center is located in San Diego, CA. The organization was established in 1997. 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 12/2022, Avid Center employed 967 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Avid Center 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 12/2022, Avid Center generated $77.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $81.2m during the year ending 12/2022. While expenses have increased by 5.3% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CLOSE THE OPPORTUNITY GAP SO ALL STUDENTS ARE COLLEGE AND CAREER READY.
Describe the Organization's Program Activity:
AVID (ADVANCEMENT VIA INDIVIDUAL DETERMINATION) IS A NON-PROFIT, COLLEGE READINESS SYSTEM THAT HELPS TO CLOSE THE OPPORTUNITY GAP. TODAY, AVID IS IMPLEMENTED IN OVER 7,000 SCHOOLS IN 46 STATES AND THE DISTRICT OF COLUMBIA PLUS SCHOOLS IN CANADA AND AUSTRALIA AND FOR THE DEPARTMENT OF DEFENSE AROUND THE WORLD AND IMPACTS MILLIONS OF STUDENTS IN GRADES PRE-K-12. THE ORGANIZATION'S PROFESSIONAL LEARNING EFFORTS, THROUGH WHICH MORE THAN 50,000 EDUCATORS ARE TRAINED. CLASSROOM TEACHERS AND SCHOOL DISTRICT LEADERSHIP ARE MORE FULLY ENGAGED IN THEIR TEACHING WHICH IS A PROVEN MEANS TO IMPACT STUDENT SUCCESS SO THEY MAY ACHIEVE IN COLLEGE, CAREER AND LIFE.
AVID CONDUCTS VIRTUAL AND FACE-TO-FACE, TWO-DAY PROFESSIONAL DEVELOPMENT PATH TRAININGS.
AVID CENTER CONDUCTS FACE TO FACE AND VIRTUAL TRAININGS ACROSS THE COUNTRY TO PROVIDE PROFESSIONAL DEVELOPMENT TRAINING TO AVID SITES. THE TRAININGS ARE DESIGNED TO ENSURE SUCCESSFUL IMPLEMENTATION OF THE AVID PROGRAM.
AVID PROVIDES A SERIES OF PROFESSIONAL DEVELOPMENT TO DISTRICT DIRECTORS. DISTRICT DIRECTORS ATTEND VARIOUS SESSIONS, DESIGNED TO HELP THEM LEAD THE AVID PROGRAM IN THEIR DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandy Husk Chief Executive Officer Term 3.16.22 | OfficerTrustee | 40 | $517,625 |
Dr Matt Gianneschi Director | Trustee | 1 | $0 |
Nori Juba Chairman & Treasurer | OfficerTrustee | 1 | $0 |
Clarence Fields Secretary | OfficerTrustee | 1 | $0 |
Mary Catherine Swanson Director | Trustee | 1 | $0 |
Thelma Melendez Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Muhammad Ali Consulting | 12/30/22 | $117,210 |
Ots Consulting Consulting | 12/30/22 | $113,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,507,148 |
| All other contributions, gifts, grants, and similar amounts not included above | $436,886 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,944,034 |
| Total Program Service Revenue | $71,125,791 |
| Investment income | $1,261,716 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $807,975 |
| Net Gain/Loss on Asset Sales | -$1,430,407 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,075,439 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $77,784,548 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $120,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,094,086 |
| Compensation of current officers, directors, key employees. | $822,029 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,468,183 |
| Pension plan accruals and contributions | $1,473,913 |
| Other employee benefits | $7,709,868 |
| Payroll taxes | $2,594,219 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $104,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $97,449 |
| Fees for services: Other | $6,059,515 |
| Advertising and promotion | $416,356 |
| Office expenses | $734,149 |
| Information technology | $2,088,259 |
| Royalties | $0 |
| Occupancy | $2,564,665 |
| Travel | $4,567,602 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,882,499 |
| Interest | $552,951 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,148,053 |
| Insurance | $395,964 |
| All other expenses | $593,286 |
| Total functional expenses | $81,174,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,216,987 |
| Savings and temporary cash investments | $10,939,199 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,727,743 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $935,904 |
| Prepaid expenses and deferred charges | $1,285,142 |
| Net Land, buildings, and equipment | $29,131,023 |
| Investments—publicly traded securities | $50,018,700 |
| Investments—other securities | $6,538,528 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,171,993 |
| Total assets | $144,965,219 |
| Accounts payable and accrued expenses | $9,727,828 |
| Grants payable | $0 |
| Deferred revenue | $8,684,021 |
| 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 | $24,841,662 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $154,137 |
| Total liabilities | $43,407,648 |
| Net assets without donor restrictions | $100,478,483 |
| Net assets with donor restrictions | $1,079,088 |
| 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 | $144,965,219 |