The Nest School
- Assets
- $1.2m
- Revenue
- $823.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Los Angeles, CA
- Founding
- 05/2017
- Data as of
- 06/2022
- EIN
- 81-4142892
Organization Overview
The Nest School is located in Los Angeles, CA. The organization was established in 2017. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Nest School employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nest School 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 06/2022, Nest School generated $823.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 36.3% each year . All expenses for the organization totaled $594.7k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION AT THE NEST SCHOOL IS TO SUPPORT EACH INDIVIDUAL CHILD IN BUILDING A FOUNDATION FOR LIFE LONG LEARNING. WE PROVIDE A MONTESSORI PROGRAM WHICH SUPPORTS THE EMOTIONAL, INTELLECTUAL, PHYSICAL AND SOCIAL DEVELOPMENT OF THE WHOLE CHILD BY ADDRESSING THE UNIQUENESS OF EACH CHILD IN A NURTURING, EMOTIONALLY SECURE AND ACADEMICALLY EXCELLENT ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEST SCHOOL IS A NON-PROFIT MONTESSORI PRESCHOOL SERVING CHILDREN AGED 2 YEARS 6 MONTHS TO 5 YEARS IN AN INTIMATE RESIDENTIAL SETTING. TECHNICALLY CLASSIFIED AS A FAMILY CHILD CARE HOME, THE NEST IS A SMALL-BY-DESIGN PROGRAM THAT PROVIDES QUALITY INDIVIDUALIZED EARLY CHILDHOOD INSTRUCTION FOR ITS 20 CHILDREN. THE OFFERING INCLUDES A HALF DAY MORNING PROGRAM, A HALF DAY AFTERNOON PROGRAM, AND A FULL DAY PROGRAM RESERVED FOR CHILDREN IN THEIR FINAL YEAR OF PRESCHOOL.THE NEST'S MISSION IS TO SUPPORT EACH INDIVIDUAL CHILD IN BUILDING A FOUNDATION FOR LIFELONG LEARNING AND BELIEVE IN A WHOLISTIC, DEVELOPMENTALLY APPROPRIATE, AND CHILD CENTRIC APPROACH THAT EMPHASIZES EACH STUDENT'S COGNITIVE, SOCIAL/EMOTIONAL, AND PHYSICAL DEVELOPMENT. EDUCATORS AND FAMILIES WORK TOGETHER TO FOSTER CONNECTIONS BETWEEN HOME AND SCHOOL. INVOLVEMENT IS INTENTIONAL, COMMUNICATION IS OPEN AND AMPLE, AND GOALS ARE SHARED.THE SCHOOL COMPLETED ITS 5TH YEAR, MAINTAINING STEADY ENROLLMENT FIGURES, ROBUST FUNDRAISING THANKS TO THE GENEROSITY OF ITS SCHOOL COMMUNITY, AND THE SAME EMPLOYEES SINCE THE SCHOOL INCEPTION. IN ADDITION TO THE ENRICHMENT OFFERINGS OF MUSIC, PE, YOGA, AND ART, THE SCHOOL ALSO ADDED A ONCE A WEEK MARTIAL ARTS CLASS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tara R Rubin President | OfficerTrustee | 40 | $100,398 |
Omid Kheiltash Co-Director | Trustee | 20 | $82,116 |
Peter Early Treasurer | OfficerTrustee | 1 | $0 |
Kristina Brittenham Secretary | OfficerTrustee | 5 | $0 |
Jennifer Garner Board Member | Trustee | 1 | $0 |
Scott Stuber Board Member | Trustee | 1 | $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 | $318,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $318,500 |
| Total Program Service Revenue | $493,100 |
| Investment income | $12,103 |
| 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 | $823,753 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $230,493 |
| Compensation of current officers, directors, key employees. | $78,455 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,587 |
| Pension plan accruals and contributions | $3,679 |
| Other employee benefits | $295 |
| Payroll taxes | $20,246 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,699 |
| Advertising and promotion | $3,381 |
| Office expenses | $8,250 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $148,742 |
| 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 | $5,300 |
| Insurance | $10,387 |
| All other expenses | $0 |
| Total functional expenses | $594,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $281,575 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $70,680 |
| 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 | $0 |
| Net Land, buildings, and equipment | $10,211 |
| Investments—publicly traded securities | $852,681 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,000 |
| Total assets | $1,230,147 |
| Accounts payable and accrued expenses | $282 |
| Grants payable | $0 |
| Deferred revenue | $359,075 |
| 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 | $359,357 |
| Net assets without donor restrictions | $870,790 |
| 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 | $1,230,147 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that The Nest School has recieved totaling $76,840.
| Awarding Organization | Amount |
|---|---|
Binder Foundation Pasadena, CA PURPOSE: DONATION | $25,000 |
The Gores Foundation Boulder, CO PURPOSE: YOUTH EDUCATION | $25,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $10,000 |
Strompolos Family Foundation Santa Monica, CA PURPOSE: PROVIDING A QUALITY, INDIVIDUALIZED MONTESSORI PROGRAM FOR CHILDREN. | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,840 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harvard-Westlake School Studio City, CA | $519,427,126 | $134,983,009 |
The Harker School San Jose, CA | $301,623,113 | $112,065,304 |
Taipei American School Foundation Los Angeles, CA | $200,440,067 | $84,912,591 |
Roessler-Chadwick Foundation Palos Verdes Peninsula, CA | $148,653,684 | $85,001,982 |
Antelope Valley Learning Academy Inc Valencia, CA | $39,011,789 | $89,911,071 |
Iolani School Honolulu, HI | $388,589,856 | $96,713,611 |
Valley Christian Schools San Jose, CA | $114,034,879 | $67,792,442 |
Crossroads School For Arts And Sciences Santa Monica, CA | $228,466,642 | $71,695,660 |
Pinecrest Academy Of Nevada Las Vegas, NV | $180,969,815 | $55,227,601 |
Brentwood School Los Angeles, CA | $181,845,528 | $61,517,128 |
Viewpoint Educational Foundation Calabasas, CA | $147,164,644 | $51,317,532 |
Francis Parker School San Diego, CA | $194,908,820 | $57,687,551 |