Cambiar Education
- Assets
- $31.6m
- Revenue
- $31.7m
- Investments
- $0.0
- Employees
- 85
- Location
- San Diego, CA
- Founding
- 09/2016
- Data as of
- 12/2023
- 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 12/2023, Cambiar Education employed 85 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 12/2023, Cambiar Education generated $31.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 42.1% each year . All expenses for the organization totaled $27.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Cambiar Education has awarded 47 individual grants totaling $10,758,879. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
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 A NONPROFIT K-12 VENTURE STUDIO BUILT TO CHANGE THE MARKETPLACE FOR EDUCATION INNOVATION TO PROVE UNDENIABLY THAT EVERY STUDENT CAN SUCCEED AND THRIVE. IT PROPELS GROUNDBREAKING VENTURES CHARTING THE FUTURE OF EDUCATION LED BY FOUNDERS WITH UNSHAKABLE OPTIMISM AND COURAGE. CAMBIAR CULTIVATES A COMMUNITY OF OVER 100 CONNECTED VENTURES, ANCHORED IN A COMMITMENT TO BUILD POSITIVE, LIFE-CHANGING SOLUTIONS FOR OUR MOST VULNERABLE YOUTH, AND OPERATING AT THE SPEED OF INNOVATION TO MAKE A LASTING IMPACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Heitz Founder, Ceo, President | OfficerTrustee | 60 | $453,711 |
Kimberly Smith Entrepreneur | 60 | $365,516 | |
Christopher Maher Superintendent In Residence | 60 | $217,582 | |
Mindy Sjoblom Entrepreneur | 60 | $216,725 | |
Lindsay Kruse Entrepreneur | 60 | $204,618 | |
David Ahmadi Data & Tech Lead | 45 | $178,984 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Glimpse Group Inc Ar/vr Teacher Train. | 12/30/23 | $301,250 |
Tyton Partners Consulting Llc Research Consultant | 12/30/23 | $410,000 |
Atomic Software Inc Software Dev.& Suppo | 12/30/23 | $318,780 |
Redstone Strategy Group Llc Lt Business Strategy | 12/30/23 | $240,000 |
Erskine Consulting Group Lt Sustainability | 12/30/23 | $216,390 |
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 | $22,598,775 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,598,775 |
| Total Program Service Revenue | $8,151,113 |
| Investment income | $928,873 |
| 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 | $31,679,941 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,840,768 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $502,086 |
| Compensation of current officers, directors, key employees. | $57,886 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,296,471 |
| Pension plan accruals and contributions | $603,521 |
| Other employee benefits | $474,213 |
| Payroll taxes | $567,219 |
| Fees for services: Management | $1,334,878 |
| Fees for services: Legal | $225,451 |
| Fees for services: Accounting | $73,610 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,246,876 |
| Advertising and promotion | $25,713 |
| Office expenses | $99,411 |
| Information technology | $89,147 |
| Royalties | $0 |
| Occupancy | $22,955 |
| Travel | $929,888 |
| 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 | $91,515 |
| All other expenses | $2,493 |
| Total functional expenses | $27,096,364 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,247,508 |
| Savings and temporary cash investments | $587,253 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,415,973 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $40,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $26,744,026 |
| Investments—other securities | $0 |
| Investments—program-related | $1,564,002 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $31,598,762 |
| Accounts payable and accrued expenses | $1,674,279 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,674,279 |
| Net assets without donor restrictions | $11,776,192 |
| Net assets with donor restrictions | $18,148,291 |
| 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 | $31,598,762 |
Grants Awarded
Over the last fiscal year, Cambiar Education has awarded $6,793,283 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
EDSOLUTIONS LLC PURPOSE: Cambiar Ventures Innovation grant Cities | $2,557,227 |
UNDAUNTEDK12 INC PURPOSE: Cambiar Ventures Innovation grant Cambiar serves as fiscal sponsor | $1,030,421 |
CONTIGO ED PURPOSE: Cambiar Ventures Innovation grant | $660,515 |
BUILDING 21 PURPOSE: Thrive grant recipient | $192,500 |
THE HISTORY CO LAB PURPOSE: Future of Learning grant | $140,000 |
CONVERGEEDU PBLLC PURPOSE: Thrive grant recipient | $162,500 |