Life Learning Academy
- Assets
- $8.6m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 65
- Location
- San Francisco, CA
- Founding
- 01/2013
- Data as of
- 06/2023
- EIN
- 46-0744397
Organization Overview
Life Learning Academy is located in San Francisco, CA. The organization was established in 2013. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Life Learning Academy employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Learning 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 06/2023, Life Learning Academy generated $4.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $3.7m during the year ending 06/2023. While expenses have increased by 12.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE LIFE LEARNING ACADEMY IS COMMITTED TO CREATING A NONVIOLENT COMMUNITY FOR STUDENTS WHO HAVE NOT BEEN SUCCESSFUL IN TRADITIONAL SCHOOL SETTINGS. LIFE LEARNING ACADEMY WELCOME STUDENTS INTO AN 'EXTENDED FAMILY' WHICH MOTIVATES EVERYONE TO GIVE AND RECEIVE SUPPORT, DEVELOP RESPONSIBILITY AND JUDGMENT, AND BUILD THE ACADEMIC, VOCATIONAL AND SOCIAL SKILLS NECESSARY TO BE SUCCESSFUL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIFE LEARNING ACADEMY OPERATES A PUBLIC CHARTER HIGH SCHOOL DESIGNED TO ENGAGE AND EDUCATE STUDENTS WITH PROFOUND HISTORIES OF SCHOOL FAILURE AND OTHER HIGH-RISK BEHAVIORS. THE SCHOOL SERVES ROUGHLY 50 HIGH SCHOOL AGED STUDENTS WITH PRONOUNCED HISTORIES OF SCHOOL DISENGAGEMENT AND FAILURE, JUVENILE DELINQUENCY AND OTHER HIGH RISK BEHAVIORS AND RISK FACTORS INCLUDING GANG INVOLVEMENT, SUBSTANCE ABUSE, FAMILY CRISIS, POVERTY AND ABUSE. ADDITIONALLY, LIFE LEARNING ACADEMY PROVIDES A STUDENT DORMITORY FOR SELECT STUDENTS. THESE STUDENTS ARE ABLE TO HAVE A PLACE TO CALL HOME AND PARTICIPATE IN ADDITIONAL ENRICHMENT PROGRAMS INITIATED BY LIFE LEARNING ACADEMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teri Delane Vice President | Officer | 40 | $172,124 |
Craig Miller Vice President | Officer | 40 | $170,361 |
Allyson Halpern Development | 40 | $140,471 | |
Elena Rosen Director | 40 | $129,690 | |
Joanne Brown President | OfficerTrustee | 2 | $0 |
Amy Kao Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,689,459 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,163,503 |
| Noncash contributions included in lines 1a–1f | $2,775 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,852,962 |
| Total Program Service Revenue | $0 |
| Investment income | $20,917 |
| 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 | $4,873,879 |
| 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. | $349,350 |
| Compensation of current officers, directors, key employees. | $96,071 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,740,788 |
| Pension plan accruals and contributions | $88,055 |
| Other employee benefits | $131,637 |
| Payroll taxes | $171,160 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,126 |
| Fees for services: Accounting | $143,131 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $274,479 |
| Advertising and promotion | $0 |
| Office expenses | $63,510 |
| Information technology | $14,057 |
| Royalties | $0 |
| Occupancy | $102,648 |
| Travel | $12,026 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $44,900 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $216,143 |
| Insurance | $51,052 |
| All other expenses | $25,927 |
| Total functional expenses | $3,745,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,803,964 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $60,000 |
| Accounts receivable, net | $722,484 |
| 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 | $21,871 |
| Net Land, buildings, and equipment | $3,972,398 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $62,709 |
| Other assets | $2 |
| Total assets | $8,643,428 |
| Accounts payable and accrued expenses | $57,393 |
| 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 | $40,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $763,107 |
| Other liabilities | $0 |
| Total liabilities | $860,500 |
| Net assets without donor restrictions | $6,672,716 |
| Net assets with donor restrictions | $1,110,212 |
| 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 | $8,643,428 |