Growing Years Childrens Academy is located in Glendale, CA. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Growing Years Childrens Academy 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, Growing Years Childrens Academy generated $105.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $95.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 5 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
EARLY CHILDHOOD EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nicole Lee President | 40 | $18,200 | |
Kyong O Lee Teacher | 20 | $5,120 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $39,225 |
Total Program Service Revenue | $66,030 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $105,255 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $1,440 |
Salaries, other compensation, and employee benefits | $26,414 |
Professional fees and other payments to independent contractors | $1,011 |
Occupancy, rent, utilities, and maintenance | $24,000 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $42,790 |
Total expenses | $95,655 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,697 |
Other assets | $0 |
Total assets | $21,229 |
Total liabilities | $0 |
Net assets or fund balances | $21,229 |
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