Sierra States University
- Assets
- $1.2m
- Revenue
- $897.4k
- Investments
- $0.0
- Employees
- 24
- Location
- Los Angeles, CA
- Founding
- 07/2014
- Data as of
- 06/2021
- EIN
- 46-5225793
Organization Overview
Sierra States University is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Sierra States University employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sierra States University 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 06/2021, Sierra States University generated $897.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $793.1k during the year ending 06/2021. While expenses have increased by 16.9% 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
TO OPERATE A SCHOOL (UNIVERSITY)
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAUGHT BUSINESS ADMINISTRATION SUBJECTS TO MEET FOR ASSOCIATE, BS, MASTER, AND DOCTOR DEGREE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Byeong Cho Secretary CFO | Officer | 0 | $0 |
Han Jeong Wook President | Officer | 0 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $838,492 |
| 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 | $897,379 |
| 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 | $333,418 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $31,838 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,000 |
| Fees for services: Accounting | $14,790 |
| 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 | $14,873 |
| 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 | $86,529 |
| Insurance | $18,579 |
| All other expenses | $258,013 |
| Total functional expenses | $793,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $910,663 |
| 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 | $246,886 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,596 |
| Total assets | $1,191,145 |
| Accounts payable and accrued expenses | $9,944 |
| 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 | $97,466 |
| Other liabilities | $149,900 |
| Total liabilities | $257,310 |
| Net assets without donor restrictions | $933,835 |
| 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 | $1,191,145 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sierra States University has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Jc Courtyard La Mirada, CA PURPOSE: Support University | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Concordia University Irvine, CA | $216,619,359 | $134,293,913 |
Whittier College Whittier, CA | $322,047,237 | $96,024,170 |
Claremont Graduate University Claremont, CA | $282,759,045 | $94,587,172 |
Soka University Of America Aliso Viejo, CA | $1,933,834,260 | $62,118,050 |
Fresno Pacific University Fresno, CA | $60,393,077 | $83,753,327 |
Mills College Oakland, CA | $350,121,466 | $66,976,273 |
La Sierra University Riverside, CA | $224,274,397 | $79,132,443 |
Cal Poly Corporation San Luis Obispo, CA | $221,621,500 | $66,523,157 |
Chaminade University Of Honolulu Honolulu, HI | $103,384,806 | $64,562,356 |
Golden Gate University San Francisco, CA | $141,254,047 | $81,559,491 |
Holy Names University Oakland, CA | $93,790,592 | $49,885,644 |
Woodbury University Burbank, CA | $66,650,435 | $51,740,863 |