Charisma Academy I Inc
- Assets
- $48.8k
- Revenue
- $764.3k
- Investments
- $0.0
- Employees
- 10
- Location
- Granada Hills, CA
- Founding
- 01/2020
- Data as of
- 12/2023
- EIN
- 84-2239438
Organization Overview
Charisma Academy I Inc, operating under the name Granada Hills Montessori Preschool, is located in Granada Hills, CA. The organization was established in 2020. As of 12/2023, Granada Hills Montessori Preschool employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Granada Hills Montessori Preschool 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, Granada Hills Montessori Preschool generated $764.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.0% each year . All expenses for the organization totaled $741.4k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ALL CHILDREN WITH A QUALITY EDUCATION THAT EMPOWERS AND ENABLES THEM TO BECOME ACTIVE AND BENEFICIAL MEMBERS OF SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STANDARD PRESCHOOL PROGRAM WITH THE ACCOMPLISHMENT TO HAVE ALL 65 CHILDREN ENROLLED IN THE 2023 PROGRAM TO GRADUATE FROM PRESCHOOL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gladys Villalobos Secretary | Officer | 60 | $35,100 |
Noesh Hordagoda President | Officer | 30 | $0 |
Nigel Hordagoda Chief Financial Officer | Officer | 20 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $764,306 |
| 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 | $764,306 |
| 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. | $35,100 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $257,375 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,915 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,780 |
| Advertising and promotion | $9,023 |
| Office expenses | $28,062 |
| Information technology | $2,111 |
| Royalties | $0 |
| Occupancy | $87,850 |
| Travel | $20 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,045 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,521 |
| Insurance | $18,315 |
| All other expenses | $0 |
| Total functional expenses | $741,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,537 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $14,270 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $48,807 |
| Accounts payable and accrued expenses | $5,357 |
| 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 | $16,479 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $36,700 |
| Other liabilities | $0 |
| Total liabilities | $58,536 |
| Net assets without donor restrictions | -$9,729 |
| 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 | $48,807 |