Kids World School Inc
- Assets
- $7.3k
- Revenue
- $293.4k
- Investments
- $0.0
- Employees
- 7
- Location
- Los Angeles, CA
- Founding
- 04/2013
- Data as of
- 12/2022
- EIN
- 43-2095080
Organization Overview
Kids World School Inc is located in Los Angeles, CA. The organization was established in 2013. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2022, Kids World School Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kids World School Inc 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, Kids World School Inc generated $293.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $315.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 5 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
KIDS WORLD SCHOOL INC PROVIDES AFFORDABLE, HIGH QUALITY EDUCATION TO GRADES K-12. IN ADDITION TO OUR BASIC ACADEMIC PROGRAMS, WE DELIVER A RICH VARIETY OF ELECTIVE PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KIDS WORLD SCHOOL INC PROVIDES AFFORDABLE, HIGH QUALITY EDUCATION TO GRADES K-12. IN ADDITION TO OUR BASIC ACADEMIC PROGRAMS, WE DELIVER PHYSICAL EDUCATION, LIFE SKILLS, SPANISH AND LEADERSHIP SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Gonzalez President/principal | OfficerTrustee | 50 | $44,160 |
Arturo Aguilar Secretary/estates Mgr | OfficerTrustee | 30 | $38,000 |
Susan Firlotte Director | Trustee | 5 | $0 |
Sally Miyashiro Director/vp Admin | OfficerTrustee | 40 | $36,815 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,099 |
| Related organizations | $0 |
| Government grants | $94,772 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,946 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,817 |
| Total Program Service Revenue | $192,551 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $293,368 |
| 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. | $82,160 |
| Compensation of current officers, directors, key employees. | $7,394 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $106,704 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,945 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,725 |
| Fees for services: Accounting | $9,476 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,498 |
| Advertising and promotion | $0 |
| Office expenses | $1,822 |
| Information technology | $1,565 |
| Royalties | $6,948 |
| Occupancy | $43,393 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,923 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $128 |
| Insurance | $8,600 |
| All other expenses | $6,843 |
| Total functional expenses | $315,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,701 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,579 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,280 |
| Accounts payable and accrued expenses | $0 |
| 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 | $32,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $150,000 |
| Other liabilities | $0 |
| Total liabilities | $182,000 |
| Net assets without donor restrictions | -$174,720 |
| 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 | $7,280 |