Cambiar Education
- Assets
- $11.8m
- Revenue
- $16.0m
- Investments
- $0.0
- Employees
- 35
- Location
- San Diego, CA
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 81-3508420
Organization Overview
Cambiar Education is located in San Diego, CA. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Cambiar Education employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cambiar Education 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, Cambiar Education generated $16.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 42.5% each year . All expenses for the organization totaled $10.6m during the year ending 12/2021. 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
SPARK CREATIVE CHANGE BY SCALING BOLD IDEAS THAT UNDENIABLY PROVE HOW EVERY STUDENT CAN RECEIVE A WORLD-CLASS EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMBIAR EDUCATION IS DEDICATED TO DEVELOPING NEW WAYS THAT EDUCATION ENTREPRENEURS CAN EXPAND EDUCATION OPPORTUNITIES FOR STUDENTS. WE IDENTIFY AND SELECTIVELY COLLABORATE WITH INNOVATIVE LEADERS WHO HAVE THE POTENTIAL TO PRODUCE BREAKTHROUGH IMPROVEMENTS FOR STUDENTS. CONTINUED ON SCH O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Heitz President & CEO | OfficerTrustee | 60 | $309,994 |
Thaly Germain Entrepreneur | 60 | $221,443 | |
Rebecca Kockler Entrepreneur | 40 | $217,357 | |
Lindsay Kruse Entrepreneur | 40 | $183,358 | |
Christopher Maher Superintendent In Residence | 60 | $179,110 | |
Donald Kamentz Entrepreneur | 60 | $148,862 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Edsolutions Llc Consulting Services | 12/30/21 | $1,804,363 |
Undaunted Partners Llc Consulting Services | 12/30/21 | $291,250 |
Redstone Strategy Group Llc Rsg N Consulting Services | 12/30/21 | $724,000 |
Tamar Lawrence-samuel Dba Onist Llc Consulting Services | 12/30/21 | $201,636 |
Benjamin Marcovitz Consulting Consulting Services | 12/30/21 | $202,606 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $275,410 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,026,799 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,302,209 |
| Total Program Service Revenue | $3,691,234 |
| Investment income | $769 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,166 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,993,046 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| 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. | $382,348 |
| Compensation of current officers, directors, key employees. | $26,764 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,642,044 |
| Pension plan accruals and contributions | $202,109 |
| Other employee benefits | $275,908 |
| Payroll taxes | $195,939 |
| Fees for services: Management | $632,816 |
| Fees for services: Legal | $34,307 |
| Fees for services: Accounting | $25,127 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,707,194 |
| Advertising and promotion | $2,199 |
| Office expenses | $44,887 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,300 |
| Travel | $78,422 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $91,129 |
| Total functional expenses | $10,584,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $748,448 |
| Savings and temporary cash investments | $10,242,642 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $570,834 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $75,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $125,003 |
| Total assets | $11,761,927 |
| Accounts payable and accrued expenses | $1,627,397 |
| 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 | $323,742 |
| Other liabilities | $0 |
| Total liabilities | $1,951,139 |
| Net assets without donor restrictions | $3,670,871 |
| Net assets with donor restrictions | $6,139,917 |
| 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 | $11,761,927 |
Grants Awarded
Over the last fiscal year, Cambiar Education has awarded $150,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: Innovation grant | $50,000 |
Washington, DC PURPOSE: Innovation grant | $50,000 |
Washington, DC PURPOSE: Innovation grant | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cambiar Education has recieved totaling $22,900.
| Awarding Organization | Amount |
|---|---|
Edtech Evidence Exchange Inc Arlington, VA PURPOSE: TO SUPPORT PARTICIPATION IN THE FEDERATED DATA SYSTEM PLANNING PROCESS | $22,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Room To Read San Francisco, CA | $51,354,748 | $61,954,261 |
South Bay Workforce Investment Board Inc Hawthorne, CA | $7,623,488 | $36,083,167 |
Compass Charter Schools Thousand Oaks, CA | $14,467,036 | $29,961,787 |
New Teacher Center Santa Cruz, CA | $27,814,525 | $27,076,985 |
Alpha Public Schools Inc San Jose, CA | $20,794,542 | $26,321,038 |
Give To Learn To Grow Foundation Culver City, CA | $40,470 | $188,892 |
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |
Teach-Org Inc San Francisco, CA | $5,801,007 | $13,162,873 |
The Reason Foundation Los Angeles, CA | $15,187,245 | $16,170,727 |
San Francisco Study Center Inc San Francisco, CA | $5,230,719 | $12,852,895 |