Dragonsprouts
- Assets
- $73.8k
- Revenue
- $48.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 10/2012
- Data as of
- 06/2022
- EIN
- 46-0529648
Organization Overview
Dragonsprouts is located in Los Angeles, CA. The organization was established in 2012. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dragonsprouts 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, Dragonsprouts generated $48.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $15.9k during the year ending 06/2022. 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
DRAGONSPROUTS CHAMPION MANDARIN IMMERSION PROGRAMS SO CHILDREN CAN SPROUT INTO BILINGUAL, BILITERATE AND MULTICULTURAL GLOBAL CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MI PROGRAM AIMS TO PROVIDE A WORLD-CLASS, 21ST CENTURY EDUCATION USING AN INTELLECTUALLY CHALLENGING, STANDARDS-BASED CURRICULUM.
THE MI PROGRAM AIMS TO PROVIDE A WORLD-CLASS, 21ST CENTURY EDUCATION USING AN INTELLECTUALLY CHALLENGING, STANDARDS-BASED CURRICULUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miyoki Chan Vice Preside | Officer | 2.5 | $0 |
Brian Lee Treasurer | Officer | 2.5 | $0 |
Yvonne Leung Board Member | Officer | 2.5 | $0 |
Emily Lin VP Of Donor | Officer | 2.5 | $0 |
Alexander Kuo President | Officer | 2.5 | $0 |
John Liu Board Member | Officer | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,004 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,004 |
| Total Program Service Revenue | $2,426 |
| Investment income | $1 |
| 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 | $48,431 |
| 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 | $0 |
| 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 | $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 | $0 |
| Office expenses | $15,889 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $15,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,681 |
| Savings and temporary cash investments | $53,123 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $73,804 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $73,804 |
| Total liabilities and net assets/fund balances | $73,804 |
Grants Awarded
Over the last fiscal year, Dragonsprouts has awarded $56,031 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UCLA | | | $25,000 |
INSTRUCTIONAL SUPPORT | | | $20,000 |
CHINESE TEACHERS | | | $11,031 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Dragonsprouts has recieved totaling $20,524.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $14,054 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,317 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $153 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Conservation Corps Of Long Beach Long Beach, CA | $9,166,980 | $11,871,279 |
We Hope East Palo Alto, CA | $4,717,112 | $7,572,079 |
San Francisco City Impact San Francisco, CA | $1,094,213 | $7,113,381 |
Fresh Lifelines For Youth Inc Milpitas, CA | $7,609,651 | $8,984,163 |
East Bay Asian Youth Center Oakland, CA | $1,698,812 | $7,118,392 |
Access Youth Academy San Diego, CA | $4,330,454 | $1,221,754 |
The Painted Turtle Santa Monica, CA | $41,527,735 | $8,643,050 |
Paradise Oaks Youth Services Citrus Heights, CA | $3,816,959 | $7,297,497 |
Youth Leadership Institute San Francisco, CA | $3,931,170 | $6,133,227 |
Reading And Beyond Fresno, CA | $7,228,751 | $5,413,699 |
King Philanthropies Inc Menlo Park, CA | $120,079,985 | $59,553,256 |
Future Leaders Of America Oxnard, CA | $2,173,035 | $2,809,963 |