Cambridge Academies is located in Modesto, CA. The organization was established in 2005. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cambridge Academies 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 12/2021, Cambridge Academies generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 32.9% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 37.6% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PROGRAMS, COACHING & NETWORKS THAT TRANSFORM, EMPOWER & EQUIP MARGINALIZED INDIVIDUAL W/ THE MINDSET,SKILLS & HABITS THAT FACILITATE THEIR FINANCIAL SELF
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENTERPRISE RESTART PROGRAM TO FAMILIES, INCARCERATED AND HOMELESS
HIGH SCHOOL EQUIVALENCY CLASSES AND CERTIFICATIONS-91 STUDENTS SERVED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Geni Boyer Executive Dir | Officer | 35 | $11,825 |
Jim Toal President | OfficerTrustee | 5 | $0 |
John Evans Secretary | OfficerTrustee | 5 | $0 |
Randy Clark Treasurer | OfficerTrustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,230,853 |
All other contributions, gifts, grants, and similar amounts not included above | $57,524 |
Noncash contributions included in lines 1a–1f | $22,400 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,288,377 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $16,026 |
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 | $1,304,403 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $683,133 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $79,626 |
Payroll taxes | $58,354 |
Fees for services: Management | $0 |
Fees for services: Legal | $155,409 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,160 |
Office expenses | $20,404 |
Information technology | $8,546 |
Royalties | $0 |
Occupancy | $97,924 |
Travel | $21,634 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,800 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,110 |
Insurance | $19,199 |
All other expenses | $0 |
Total functional expenses | $1,331,898 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $218,990 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $52,520 |
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 | $1,544 |
Net Land, buildings, and equipment | $19,729 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $292,783 |
Accounts payable and accrued expenses | $117,597 |
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 | $0 |
Total liabilities | $117,597 |
Net assets without donor restrictions | $125,142 |
Net assets with donor restrictions | $50,044 |
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 | $292,783 |
Over the last fiscal year, we have identified 2 grants that Cambridge Academies has recieved totaling $21,839.
Awarding Organization | Amount |
---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $14,339 |
Stanislaus Community Foundation Modesto, CA | | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
Covenant House California Los Angeles, CA | $27,501,238 | $23,025,602 |
Social Advocates For Youth San Diego Inc San Diego, CA | $10,118,124 | $18,306,595 |
Realistic Education In Action Coalition To Foster Health Los Angeles, CA | $16,143,012 | $28,303,642 |
Youth Development Institute Phoenix, AZ | $7,642,122 | $15,390,888 |
Janus Youth Programs Inc Portland, OR | $8,331,931 | $14,934,376 |
Looking Glass Community Services Eugene, OR | $12,244,793 | $15,672,090 |
Henrietta Weill Memorial Child Guidance Clinic Bakerfield, CA | $4,367,553 | $13,577,518 |
Aldea Inc Napa, CA | $10,343,090 | $11,612,223 |
Arizona Baptist Childrens Services Tucson, AZ | $6,943,663 | $9,654,753 |
Communities In Schools Of Nevada Las Vegas, NV | $14,635,782 | $16,403,863 |
Child Guidance Center Inc Santa Ana, CA | $2,005,351 | $10,104,163 |
Harmonium Inc San Diego, CA | $3,437,526 | $10,151,613 |