Grossman Academy Inc
- Assets
- $14.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fremont, CA
- Founding
- 09/1998
- Data as of
- 12/2021
- EIN
- 77-0466356
Organization Overview
Grossman Academy Inc is located in Fremont, CA. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grossman Academy 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 12/2021, Grossman Academy Inc generated $56.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $58.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SCHOOL - NONPROFIT PUBLIC BENEFIT CORP. GROSSMAN ACADEMY'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE HIGH SCHOOL LEVEL EDUCATION TO GRADES 9 - 12 STUDENTS IN JAPANESE LANGUAGE. WE PROVIDE THE STUDENTS AN EXCELLENT LIBERAL ARTS EDUCATION. THEIR COMPETENCY IN LANGUAGES (JAPANESE AND ENGLISH) HAS INCREASED GREATLY BOTH IN WRITING AND READING. MATH SKILLS AND COMPUTER LITERACY HAS SHOWN SATISFACTORY ADVANCE. STUDENTS ARE ALSO ENJOYING PERFORMING ARTS, SUCH AS DRAMA, MUSIC, AND PUBLIC SPEECH. OUR REAL PROUD ACHIEVEMENT IN THE SCHOOL YEAR THAT WE HAD DONE WHAT EDUCATION SHOULD AIM, WHICH IS EACH STUDENT CAN FIND HIS OR HER POTENTIAL AND DEVELOP AND ENHANCE THE TALENT. THE SCHOOL SUCCEEDED TO HEIGHTEN STUDENTS LEVEL ACADEMICALLY AND MORALLY. AS A RESULT, WE GAINED PARENTS' AS WELL AS STUDENTS' APPROVAL AND SATISFACTION ON OUR JOB PERFORMANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rei Grossman Executive Dir. | 40 | $16,895 | |
Ira Grossman Director | 20 | $13,714 | |
Jonie Takatsuji Director | 2 | $0 | |
Yuko Onuma Director | 2 | $0 | |
Mikako Tsutsui Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,300 |
| Total Program Service Revenue | $35,802 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,102 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,457 |
| Professional fees and other payments to independent contractors | $2,830 |
| Occupancy, rent, utilities, and maintenance | $200 |
| Printing, publications, postage, and shipping | $275 |
| Other expenses | $19,582 |
| Total expenses | $58,369 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,578 |
| Other assets | $0 |
| Total assets | $14,922 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,922 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hawaii Japanese School Honolulu, HI | $1,872,090 | $1,342,521 |
Las Vegas Nippon Kyoiku Shinkokai Las Vegas, NV | $121,097 | $0 |
Vietnamese Cultural Center Westminster, CA | $58,263 | $0 |
Grossman Academy Inc Fremont, CA | $14,922 | $0 |
Tri-City Chinese School Fremont, CA | $286,137 | $0 |
Hann-Sing Chinese Association Fremont, CA | $2,510 | $0 |