The Nueva School
- Assets
- $263.0m
- Revenue
- $88.5m
- Investments
- $0.0
- Employees
- 333
- Location
- Hillsborough, CA
- Founding
- 07/1967
- Data as of
- 06/2022
- EIN
- 94-1633387
Organization Overview
The Nueva School is located in Hillsborough, CA. The organization was established in 1967. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Nueva School employed 333 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nueva 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, Nueva School generated $88.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $60.5m during the year ending 06/2022. While expenses have increased by 6.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
INDEPENDENT SCHOOL OPERATING FOR EDUCATIONAL PURPOSES - STUDENTS GRADES PRE-K THROUGH 12TH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Cozadd Chair | OfficerTrustee | 1 | $0 |
Kathleen Donohue Vice Chair | OfficerTrustee | 1 | $0 |
Gerald Risk Vice Chair & Treasurer | OfficerTrustee | 1 | $0 |
Leon Kuan Secretary | OfficerTrustee | 1 | $0 |
Kat Alfond Trustee | Trustee | 1 | $0 |
Derrick Bolton Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Service By Medallion Janitorial Services | 6/29/22 | $2,160,049 |
Epicurean Group Catering & Special Events Service | 6/29/22 | $1,992,225 |
Zum Services Inc Transportation Services | 6/29/22 | $920,454 |
Kidzjet Inc Transportation Services | 6/29/22 | $854,846 |
Proguard Security Services Security Services | 6/29/22 | $736,684 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $879,828 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,628,650 |
| Noncash contributions included in lines 1a–1f | $1,454,039 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,508,478 |
| Total Program Service Revenue | $52,498,269 |
| Investment income | $265,645 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,587 |
| Net Income from Fundraising Events | $188,812 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $88,478,791 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,944,366 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,184,750 |
| Compensation of current officers, directors, key employees. | $1,184,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,277,620 |
| Pension plan accruals and contributions | $823,358 |
| Other employee benefits | $5,288,054 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $101,476 |
| Fees for services: Accounting | $71,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,056,619 |
| Advertising and promotion | $261,125 |
| Office expenses | $375,906 |
| Information technology | $1,274,209 |
| Royalties | $0 |
| Occupancy | $1,449,317 |
| Travel | $116,675 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $183,268 |
| Interest | $1,246,748 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,601,169 |
| Insurance | $306,649 |
| All other expenses | $2,166,062 |
| Total functional expenses | $60,466,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,035,842 |
| Savings and temporary cash investments | $51,983,800 |
| Pledges and grants receivable | $7,258,357 |
| Accounts receivable, net | $15,736,182 |
| 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 | $1,246,516 |
| Net Land, buildings, and equipment | $152,047,346 |
| Investments—publicly traded securities | $32,770,483 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $952,056 |
| Total assets | $263,030,582 |
| Accounts payable and accrued expenses | $2,475,570 |
| Grants payable | $0 |
| Deferred revenue | $47,465,727 |
| Tax-exempt bond liabilities | $34,149,133 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,903,027 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $86,993,457 |
| Net assets without donor restrictions | $116,286,911 |
| Net assets with donor restrictions | $59,750,214 |
| 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 | $263,030,582 |