Multnomah Learning Academy is located in Fairview, OR. The organization was established in 2001. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Multnomah Learning Academy employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Multnomah Learning 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 06/2021, Multnomah Learning Academy generated $5.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $6.0m during the year ending 06/2021. While expenses have increased by 7.1% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A CHARTER SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH BOTH CAMPUSES MAINTAINING ENROLLMENT CAPACITY, WE FOCUSED ON LARGER BUILDING MAINTENANCE AND CAPITAL PROJECTS. CAPITAL PROJECTS BENEFITED FOR K-8 STUDENT BODY. WE ARE PROUD TO ALSO BE ABLE TO SUPPORT ALL EDUCATIONAL MATERIAL REQUESTS TO CONTINUE TO GROW THE PROGRAMS AT BOTH CAMPUSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sheri Fitzsimmons K-8 School Director | Officer | 40 | $103,808 |
Jo Ann Lindenthal Executive Director | Officer | 40 | $84,226 |
Codi Tillson Presidentsecretary | OfficerTrustee | 1 | $0 |
Matt Luce Treasurer | OfficerTrustee | 1 | $0 |
Andrea Rose Member | Trustee | 1 | $0 |
Erika Teyema Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,796,513 |
Investment income | $1,330 |
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 | $5,797,843 |
Statement of Expenses | |
---|---|
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. | $197,376 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,474,750 |
Pension plan accruals and contributions | $1,408,447 |
Other employee benefits | $276,371 |
Payroll taxes | $241,335 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,475 |
Fees for services: Accounting | $14,410 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,703 |
Office expenses | $0 |
Information technology | $260,761 |
Royalties | $0 |
Occupancy | $544,888 |
Travel | $440 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $72,497 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $94,047 |
Insurance | $19,132 |
All other expenses | $0 |
Total functional expenses | $5,967,092 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,065,635 |
Savings and temporary cash investments | $2,101,881 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $132,278 |
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 | $108,867 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,439,199 |
Total assets | $9,798,063 |
Accounts payable and accrued expenses | $660,807 |
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 | $1,316,212 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $4,879,812 |
Total liabilities | $6,856,831 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $2,941,232 |
Over the last fiscal year, we have identified 1 grants that Multnomah Learning Academy has recieved totaling $1,103.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,103 |
Organization Name | Assets | Revenue |
---|---|---|
Partnerships To Uplift Communities Los Angeles Burbank, CA | $14,420,401 | $24,912,837 |
Literacy First Charter Schools El Cajon, CA | $29,290,072 | $23,446,904 |
Voices College-Bound Language Academies San Jose, CA | $26,350,864 | $21,078,147 |
Santa Rosa Academy Incorporated Menifee, CA | $46,198,054 | $16,730,823 |
Siatech Inc Oceanside, CA | $9,582,548 | $15,818,647 |
Grow Public Schools Bakersfield, CA | $14,803,093 | $23,549,288 |
Natomas Charter School Sacramento, CA | $32,806,693 | $20,875,289 |
Vista Charter Public Schools Los Angeles, CA | $62,725,425 | $20,964,484 |
Roseland Charter School Santa Rosa, CA | $53,872,700 | $25,562,169 |
Ofl William S Hart Inc Pasadena, CA | $11,952,405 | $20,153,084 |
New Designs Charter School Los Angeles, CA | $56,545,069 | $20,507,111 |
Ace Charter School San Jose, CA | $8,656,644 | $20,001,670 |