Samueli Academy
- Assets
- $7.8m
- Revenue
- $13.3m
- Investments
- $0.0
- Employees
- 109
- Location
- Santa Ana, CA
- Founding
- 07/2014
- Data as of
- 06/2022
- EIN
- 45-3866750
Organization Overview
Samueli Academy is located in Santa Ana, CA. The organization was established in 2014. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Samueli Academy employed 109 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Samueli Academy 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, Samueli Academy generated $13.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $12.3m during the year ending 06/2022. While expenses have increased by 13.9% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SAMUELI ACADEMY IS TO PROVIDE A TRANSFORMATIONAL LEARNING ENVIRONMENT TO COMMUNITY AND UNDERSERVED AND FOSTER TEENS THAT OFFERS CONSISTENCY, STABILITY SUPPORT AND A COMMUNITY IN WHICH TO BELONG, THRIVE AND GROW INTO SUCCESSFUL INDEPENDENT ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SAMUELI ACADEMY IS A PUBLIC CHARTER HIGH SCHOOL IN SANTA ANA THAT PROVIDES NUMEROUS UNIQUE FEATURES TO PREPARE FOSTER AND UNDERSERVED YOUTH FOR HIGHER EDUCATION AND A SELF-SUFFICIENT, HEALTHY ADULT LIFE. SOME OF THE UNIQUE FEATURES OF THIS PROJECT ARE:AN INDIVIDUALIZED APPROACH TO ACADEMIC INSTRUCTION THAT UTILIZES THE STEM AND PROJECT BASED LEARNING CURRICULUM. FUTURE ON CAMPUS, FAMILY-STYLE RESIDENTIAL HOUSING PROGRAM FOR UP TO 48 FOSTER YOUTH STUDENTS OF THE SCHOOL;A WIDE ARRAY OF AFTERSCHOOL PROGRAMS AND EXTRACURRICULAR ACTIVITIES TO PROVIDE STUDENTS WITH ADDITIONAL ACADEMIC SUPPORT AND NUMEROUS ATHLETIC AND ARTS OPPORTUNITIES; ANDPARTICIPATION IN CLASSROOM-BASED TRAINING AND REAL-LIFE EXPERIENCES TO PROVIDE YOUTH THE KNOWLEDGE AND TOOLS FOR SUCCESSFUL INDEPENDENT LIVING.THE ACADEMY IS CURRENTLY SERVES 674 STUDENTS IN GRADE 7 AND NINE THROUGH TWELVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Saba Executive Director | Officer | 50 | $219,346 |
Lee Fleming Head Of School | Officer | 50 | $155,362 |
Alexandra Martinez Assistant Head Of School | 50 | $127,894 | |
Kim Cummings Assistant Head Of School | 50 | $120,144 | |
Aimee Biderback Teacher | 50 | $120,021 | |
Shelly Obrien Teacher | 50 | $115,716 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Insight Investments Technology | 6/29/22 | $114,155 |
Elite Oc Productions Event Management | 6/29/22 | $116,471 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $258,010 |
| Related organizations | $0 |
| Government grants | $12,229,845 |
| All other contributions, gifts, grants, and similar amounts not included above | $852,704 |
| Noncash contributions included in lines 1a–1f | $67,167 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,340,559 |
| Total Program Service Revenue | $0 |
| Investment income | $7,188 |
| 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 | $13,347,747 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $13,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $444,827 |
| Compensation of current officers, directors, key employees. | $444,827 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,582,768 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,851 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $279,224 |
| Advertising and promotion | $34,568 |
| Office expenses | $47,846 |
| Information technology | $374,436 |
| Royalties | $0 |
| Occupancy | $1,845,377 |
| Travel | $105,071 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,729 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $321,965 |
| Insurance | $85,349 |
| All other expenses | $54,983 |
| Total functional expenses | $12,292,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,718,877 |
| Pledges and grants receivable | $1,445 |
| Accounts receivable, net | $1,364,407 |
| 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 | $126,704 |
| Net Land, buildings, and equipment | $1,506,372 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $99,045 |
| Total assets | $7,816,850 |
| Accounts payable and accrued expenses | $662,318 |
| Grants payable | $0 |
| Deferred revenue | $970,083 |
| 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 | $309,422 |
| Total liabilities | $1,941,823 |
| Net assets without donor restrictions | $5,875,027 |
| 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 | $7,816,850 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Samueli Academy has recieved totaling $247,579.
| Awarding Organization | Amount |
|---|---|
Devto Support Foundation Newport Beach, CA PURPOSE: EDUCATION/ENRICHMENT | $100,000 |
Croul Family Foundation Irvine, CA PURPOSE: PROGRAM SUPPORT | $60,000 |
6-18 Foundation For Hope Anaheim, CA PURPOSE: TO PROVIDE SUPPORT FOR CURRENT AND FORMER FOSTER YOUTH | $50,000 |
Jewish Community Foundation Of Orange County Irvine, CA PURPOSE: DONATION | $37,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $79 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifelong Learning Administration Corporation Lancaster, CA | $25,266,460 | $53,959,766 |
Wonderful College Prep Academy Delano, CA | $24,794,533 | $50,280,007 |
California Virtual Academies At Los Angeles Simi Valley, CA | $29,684,011 | $46,331,896 |
Cabrillo Point Academy Poway, CA | $23,203,988 | $48,389,829 |
Vaughn Next Century Learning Center San Fernando, CA | $201,824,802 | $53,063,832 |
Pacific Coast Academy Poway, CA | $20,772,611 | $44,078,486 |
Birmingham Community Charter High School Van Nuys, CA | $42,319,173 | $47,098,171 |
Education For Change Oakland, CA | $46,722,136 | $44,379,557 |
Mojave River Academy Schools Oro Grande, CA | $19,432,116 | $42,903,299 |
Isana Los Angeles, CA | $25,748,660 | $48,465,580 |
Legacy Traditional Schools - Nevada Inc Chandler, AZ | $98,471,077 | $39,227,732 |
Fenton Charter Public Schools Sun Valley, CA | $39,044,614 | $44,887,355 |