Sequoia Parent Teacher Organization
- Assets
- $332.1k
- Revenue
- $242.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 12/2017
- Data as of
- 06/2022
- EIN
- 82-1470763
Organization Overview
Sequoia Parent Teacher Organization is located in Oakland, CA. The organization was established in 2017. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sequoia Parent Teacher Organization 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, Sequoia Parent Teacher Organization generated $242.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.6% each year . All expenses for the organization totaled $174.4k during the year ending 06/2022. While expenses have increased by 38.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
SUPPORTS HIGH QUALITY, EQUITABLE EDUCATION AT SEQUOIA ELEMENTARY IN OAKLAND
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF SEQUOIA SCHOOL BY FUNDING ITEMS NOT IN THE SITE BUDGET, SUCH AS ENRICHMENT CLASSES, SOCIAL-EMOTIONAL LEARNING, LITERACY COACHING, SCHOOL SUPPLIES, SCHOOL SITE MAINTENANCE, AFFINITY GROUPS,EQUITY WORK, TEACHER AND STAFF APPRECIATION.
IN ORDER TO AUGMENT WELL-ROUNDED ACADEMIC AND SOCIAL LEARNING AT SEQUOIA, WE PROMOTE, COORDINATE, AND ASSIST WITH ONGOING COMMUNITY EVENTS BOTH VIRTUAL AND IN PERSON THAT ENRICH THE SEQUOIA COMMUNITY.
DUE TO THE NEEDS PRESENTED BY THE COVID 19 PANDEMIC A FAMILY RELIEF FUND WAS CREATED TO SUPPORT FAMILIES WHO EXPERIENCED FINANCIAL DIFFICULTIES DURING THE PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charron Wright Co-Chair | OfficerTrustee | 6 | $0 |
Ravinder Singh Co-Chair | OfficerTrustee | 6 | $0 |
Tristan Weir Co-Secretary | OfficerTrustee | 6 | $0 |
Nick Resnick Co-Secretary | OfficerTrustee | 6 | $0 |
Nikki Black Co-Fundraisi | OfficerTrustee | 6 | $0 |
Alex Tchong Co-Fundraisi | OfficerTrustee | 6 | $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 | $235,305 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $235,305 |
| Total Program Service Revenue | $6,911 |
| Investment income | $0 |
| 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 | $242,216 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $147,325 |
| Grants and other assistance to domestic individuals. | $11,630 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $941 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,481 |
| Information technology | $180 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,209 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,676 |
| All other expenses | $7,992 |
| Total functional expenses | $174,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $309,095 |
| Savings and temporary cash investments | $18,338 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,441 |
| 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 | $201 |
| Total assets | $332,075 |
| Accounts payable and accrued expenses | $14 |
| 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 | $14 |
| Net assets without donor restrictions | $332,061 |
| 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 | $332,075 |
Grants Awarded
Over the last fiscal year, Sequoia Parent Teacher Organization has awarded $142,532 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEQUOIA ELEMENTARY SCHOOL PURPOSE: TEACHING ENRICHMENT | $117,136 |
OAKLAND PUBLIC EDUCATION FUND PURPOSE: COMMUNITY EDUCATION | $25,396 |