Alma Fuerte Public School
- Assets
- $801.9k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 25
- Location
- Pasadena, CA
- Founding
- 11/2015
- Data as of
- 06/2022
- EIN
- 47-1500604
Organization Overview
Alma Fuerte Public School is located in Pasadena, CA. The organization was established in 2015. 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 06/2022, Alma Fuerte Public School employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alma Fuerte Public School 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, Alma Fuerte Public School generated $1.8m in total revenue. All expenses for the organization totaled $1.7m during the year ending 06/2022. While expenses have increased by 50.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC TK-8 CHARTER SCHOOL FOCUSED ON PROMOTING ENTREPRENEURSHIP THROUGH QUALITY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A PUBLIC CHARTER SCHOOL IN CALIFORNIA SERVING STUDENTS IN GRADES TK TO 8: OUR AIM IS TO EQUIP OUR STUDENTS WITH SKILLS AND KNOWLEDGE THEY WILL NEED TO BECOME SUCCESSFUL IN THEIR CHOSEN FIELDS AND TO MAKE AN IMPACT IN THE WORLD. WE STRIVE TO CREATE AN ENVIRONMENT THAT ENCOURAGES CREATIVITY, INDEPENDENT THINKING AND PROBLEM-SOLVING, WHILE ALSO PROVIDING A NURTURING AND SAFE SPACE FOR CHILDREN TO REACH THEIR FULLEST POTENTIAL. ALMA FUERTE PUBLIC SCHOOL IS A SCHOOL THAT IS FOCUSED ON MAKING A DIFFERENCE IN OUR STUDENTS' LIVES. WE GIVE THEM A UNIQUE OPPORTUNITY TO BECOME SUCCESSFUL ENTREPRENEURS AND FUTURE LEADERS. OUR COMMITMENT TO EXCELLENCE AND QUALITY EDUCATION, COMBINED WITH OUR FOCUS ON ENTREPRENEURSHIP, ENSURE OUR STUDENTS RECEIVE THE SKILLS AND KNOWLEDGE NECESSARY TO SUCCEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Myra Salinas Chair/ceo | OfficerTrustee | 1 | $0 |
Amy Dresser Held Vice Chair | Trustee | 1 | $0 |
Melanie Sauer Treasurer/cfo | OfficerTrustee | 1 | $0 |
Hazim Rabadi Secretary | OfficerTrustee | 1 | $0 |
Anne Lee Trustee | Trustee | 1 | $0 |
Laurilie Keay Director | Officer | 40 | $106,206 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,803,201 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,810,476 |
| Total Program Service Revenue | $0 |
| 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 | $1,810,476 |
| 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. | $107,125 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $776,581 |
| Pension plan accruals and contributions | $16,454 |
| Other employee benefits | $69,110 |
| Payroll taxes | $77,910 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,874 |
| Fees for services: Accounting | $78,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $118,452 |
| Advertising and promotion | $14,554 |
| Office expenses | $10,797 |
| Information technology | $11,683 |
| Royalties | $0 |
| Occupancy | $182,533 |
| Travel | $3,961 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,730 |
| Interest | $484 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,095 |
| Insurance | $25,028 |
| All other expenses | $0 |
| Total functional expenses | $1,660,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $374,995 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $409,132 |
| 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 | $5,642 |
| Net Land, buildings, and equipment | $9,624 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,500 |
| Total assets | $801,893 |
| Accounts payable and accrued expenses | $169,873 |
| Grants payable | $0 |
| Deferred revenue | $216,392 |
| 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 | $386,265 |
| Net assets without donor restrictions | $415,628 |
| 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 | $801,893 |