Escuela Argentina Inc
- Assets
- $3.0m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 59
- Location
- Potomac, MD
- Founding
- 02/2002
- Data as of
- 08/2023
- EIN
- 52-2259125
Organization Overview
Escuela Argentina Inc is located in Potomac, MD. The organization was established in 2002. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 08/2023, Escuela Argentina Inc employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Escuela Argentina Inc 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 08/2023, Escuela Argentina Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $1.0m during the year ending 08/2023. While expenses have increased by 3.8% per year over the past 8 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
TO OPERATE A SCHOOL, PRE-SCHOOL THROUGH GRADE 12, TO TEACH HISTORY, CULTURE & LANGAUGE RELATED TO ARGENTINA. HIGH SCHOOL DIPLOMA ACCEPTED BY ARGENTINE MINISTRY OF EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTIONAL AND EDUCATIONAL SERVICES:KINDERGARTEN AND PRESCHOOL - THE CURRICULUM OF THIS LEVEL IS DESIGNED FOR STUDENTS TO INTERACT SPONTANEOUSLY IN SPANISH, AND THUS, CONSOLIDATE THEIR LANGUAGE SKILLS. ARGENTINA CULTURE IS PART OF THE LEARNING PROCESS THROUGH MEANINGFUL ACTIVITIES THAT ALLOW EACH STUDENT TO KNOW THEIR CULTURAL HERITAGE. THE ACTIVE PARTICIPATION OF FAMILIES IS A FUNDAMENTAL PART OF THE KINDERGARTEN AND PRESCHOOL PROGRAM.PRIMARY SCHOOL - THE SCHOOL'S LANGUAGE AND SOCIAL CLASSES FOCUS ON ACTIVATING CURIOSITY AND DEVELOPING CRITICAL THINKING IN STUDENTS. WITHIN THE U.S. EDUCATIONAL SYSTEM, THE SCHOOL'S CURRICULUM ALLOWS STUDENTS; TO RECOGNIZE THEMSELVES AS BICULTURAL INDIVIDUALS CAPABLE OF VALUING THE DIVERSITY OF THEIR CULTURE HERITAGE; DEVELOP COMPREHENSION, WRITTEN AND ORAL COMMUNICATION SKILLS IN SPANISH; FACE ACADEMIC CHALLENGES WITH CRITICAL THINKING AND CREATIVITY; MAKE CONNECTIONS BETWEEN THE KNOWLEDGE ACQUIRED; VALUE COLLABORATIVE WORK; AND BE PROUD OF THEIR EFFORT, PERSEVERANCE AND ACHIEVEMENTS.HIGH SCHOOL - DURING THE FINAL STAGE OF BASIC EDUCATION, THE SCHOOL SEEKS TO CONTINUE SUPPORTING THE ACADEMIC CURIOSITY OF THEIR STUDENTS AND ACCOMPANY THEM IN THE PROCESS OF PURSUING HIGHER EDUCATION. FOR THIS REASON, STUDENTS ARE ENCOURAGED TO RECOGNIZE THEIR ACHIEVEMENTS AND DEVELOP THE CONFIDENCE THEY NEED TO PREPARE FOR THE FUTURE. THE STUDENTS ARE EXPOSED TO VARIOUS ASPECTS OF ARGENTINE SOCIAL, CIVIC AND CULTURAL LIFE FROM A CRITICAL PERSPECTIVE.
STUDENT SERVICES:IN ADDITION TO A ROBUST ACADEMIC PROGRAM, THE SCHOOL OFFERS ITS STUDENTS OTHER SERVICES THAT INCLUDE EXTRA-CURRICULAR ACTIVITIES IN THE AREAS OF ART, THEATER, MUSIC AND READING, AP SPANISH LANGUAGE AND CULTURE, AND AP SPANISH LITERATURE AND CULTURE COURSE PREPARATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandra Arata President | OfficerTrustee | 10 | $0 |
Monica Adler Vice President | OfficerTrustee | 5 | $0 |
Violeta Noetinger Secretary | OfficerTrustee | 5 | $0 |
Micaela Carmio Treasurer | OfficerTrustee | 5 | $0 |
Marina Bassi Director | Trustee | 2 | $0 |
Fernando Gonzalez Director | Trustee | 2 | $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 | $5,475 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,475 |
| Total Program Service Revenue | $1,025,554 |
| Investment income | $31,736 |
| 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 | $1,069,622 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $31,240 |
| 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 | $587,786 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $48,294 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,265 |
| Advertising and promotion | $473 |
| Office expenses | $16,230 |
| Information technology | $9,916 |
| Royalties | $0 |
| Occupancy | $199,806 |
| 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 | $1,877 |
| Insurance | $11,068 |
| All other expenses | $5,161 |
| Total functional expenses | $1,022,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $397,589 |
| Savings and temporary cash investments | $99,937 |
| 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 | $137,028 |
| Net Land, buildings, and equipment | $2,411 |
| Investments—publicly traded securities | $2,196,520 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $200,199 |
| Total assets | $3,033,684 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $988,020 |
| 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 | $190,252 |
| Total liabilities | $1,178,272 |
| Net assets without donor restrictions | $1,855,412 |
| 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 | $3,033,684 |