Friends Of Willow Tree
- Assets
- $548.9k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 20
- Location
- Bonsall, CA
- Founding
- 07/2015
- Data as of
- 06/2023
- EIN
- 47-4433673
Organization Overview
Friends Of Willow Tree is located in Bonsall, CA. The organization was established in 2015. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. As of 06/2023, Friends Of Willow Tree employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Willow Tree 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, Friends Of Willow Tree generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 45.9% each year . All expenses for the organization totaled $1.1m during the year ending 06/2023. While expenses have increased by 49.8% 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
ENRICHMENT CENTER FOR HOME SCHOOL STUDENTS. SUPPORTING HOME SCHOOLING.THE ORGANIZATION PARTNERS WITH INDEPENDENT STUDY CHARTER SCHOOLS TO HELP ENRICH A CHILD'S EDUCATION USING WALDORF METHODS. THE ORGANIZATION'S GOAL IS TO SERVE STUDENTS FROM A WIDE VARIETY OF BACKGROUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY ACHIEVEMENT TO ENHACE THE EDUCATION OF HOME SCHOOLED STUDENTS IS A CONTINUING PROGRAM OF THE ORGANIZATION AS IT CONTINUES ITS PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bethany Chaffin Secretary | OfficerTrustee | 40 | $93,843 |
Tiffany Pleysier Treasurer | OfficerTrustee | 10 | $43,049 |
Bruce Keeton President | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,607 |
| All other contributions, gifts, grants, and similar amounts not included above | $129,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,057 |
| Total Program Service Revenue | $935,309 |
| 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 | $1,071,367 |
| 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. | $136,892 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $528,884 |
| Pension plan accruals and contributions | $13,426 |
| Other employee benefits | $61,170 |
| Payroll taxes | $66,714 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,713 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,531 |
| Advertising and promotion | $2,013 |
| Office expenses | $27,608 |
| Information technology | $2,177 |
| Royalties | $0 |
| Occupancy | $112,011 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $247 |
| Conferences, conventions, and meetings | $26,345 |
| Interest | $42,625 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,376 |
| Insurance | $3,435 |
| All other expenses | $476 |
| Total functional expenses | $1,122,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,771 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,357 |
| 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 | $516,745 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $548,873 |
| Accounts payable and accrued expenses | $4,969 |
| 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 | $48,000 |
| Secured mortgages and notes payable | $521,492 |
| Unsecured mortgages and notes payable | $825,254 |
| Other liabilities | $0 |
| Total liabilities | $1,399,715 |
| Net assets without donor restrictions | -$850,842 |
| 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 | $548,873 |