The Sequoyah Educational Center
- Assets
- $20.6m
- Revenue
- $11.2m
- Investments
- $211.7k
- Employees
- 145
- Location
- Pasadena, CA
- Founding
- 03/1979
- Data as of
- 06/2021
- EIN
- 95-2022023
Organization Overview
The Sequoyah Educational Center is located in Pasadena, CA. The organization was established in 1979. 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 06/2021, Sequoyah Educational Center employed 145 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sequoyah Educational Center 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, Sequoyah Educational Center generated $11.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $9.9m during the year ending 06/2021. While expenses have increased by 10.2% per year over the past 6 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
SEQUOYAH SCHOOL IS A COMMUNITY OF LEARNERS. A SEQUOYAH EDUCATION CHALLENGES THE MIND, NURTURES THE HEART AND CELEBRATES HUMAN DIGNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL EDUCATION - K TO 12TH GRADE. A SEQUOYAH EDUCATION EMPHASIZES ACTIVE CITIZENSHIP WHILE REINFORCING THE SKILLS FOR CONTINUING SCHOLARSHIP. THE SCHOOL PROVIDES A RIGOROUS COLLEGE-PREPARATORY K-12 CURRICULUM IN A COLLABORATIVE AND SUPPORTIVE ENVIRONMENT. SEQUOYAH GRADUATES ARE RECOGNIZED FOR THEIR INITIATIVE AND LEADERSHIP. NUMBER OF STUDENTS SERVICED THIS FISCAL PERIOD IS 386.SEQUOYAH FOLLOWED THE LOS ANGELES COUNTY AND STATE "SAFER AT HOME" COVID-19 ORDER TO CLOSE ALL NON-ESSENTIAL BUSINESS ACTIVITIES. SEQUOYAH HAS BEEN CONDUCTING BUSINESS AS USUAL UNDER THE SAFER AT HOME PROTOCOLS. DUE TO COVID-19 AND THE "SAFER AT HOME ORDER, OUR EXPENSES INCREASED IMMENSELY AS WE HAD TO PURCHASE SOFTWARE, HARDWARE, FURNITURE, SUPPLIES, INTERNET SERVICES, HOTSPOTS, AND OTHER ITEMS IN ORDER FOR OUR ENTIRE SCHOOL TO GO FROM BEING ON CAMPUS TO DISTANT LEARNING. THIS ALSO INCLUDES ALL OF OUR PROGRAMMING AND OTHER FUNCTIONS. DURING THIS CHALLENGING TIME, WE DID NOT LAYOFF OR FURLOUGH ANY OF OUR EMPLOYEES. WE CONSTRUCTED A COVID-19 TASK FORCE WITH MULTIPLE COMMITTEES TO LEAD THE WAY ON OUR DISTANCE LEARNING AND TO PREPARE FOR OUR SAFE RETURN TO SCHOOL. THE COVID-19 TASK FORCE WAS CHARGED WITH ASSESSING THE COVID-19 SITUATION AND RESPONDING TO THE HEALTH AND SAFETY POLICIES AND PROCEDURES THAT WERE BEING PUT IN PLACE BY THE CDC, STATE AND COUNTY HEALTH AND SAFETY AUTHORITIES. ALL OF OUR PROGRAMS WERE HUGELY IMPACTED BY THE COVID-19 PANDEMIC.
DAY CARE SERVICES - THE SCHOOL PROVIDES DAY CARE SERVICES DURING SCHOOL DAYS, DURING SCHOOL BREAKS (INCLUDING SUMMER) AND AFTER SCHOOL. NUMBER OF STUDENTS SERVICED THIS FISCAL PERIOD IS 150.DAY CARE SERVICES, ENRICHMENT AND SUMMERHOUSE PROGRAMS WERE HUGELY IMPACTED BY THE COVID-19 PANDEMIC. BECAUSE OF THE COVID-19 PANDEMIC AND THE LOS ANGELES COUNTY AND STATE'S "SAFER AT HOME" COVID-19 ORDER, THE REVENUE WERE DOWN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josh Brody Head Of School | OfficerTrustee | 60 | $280,009 |
James Cooper Chief Financial Officer | Officer | 60 | $171,285 |
Azizi Williams Assistant Head Of School | 40 | $125,232 | |
Malena Brans Senior Accountant | 50 | $119,291 | |
Ryan Mcdaniel Director Of Advancement | 40 | $118,136 | |
Marc Alongi High School Director | 40 | $118,124 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $108,942 |
| Related organizations | $0 |
| Government grants | $1,022,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,125,311 |
| Noncash contributions included in lines 1a–1f | $51,691 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,256,653 |
| Total Program Service Revenue | $8,896,822 |
| Investment income | $4,840 |
| 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 | $11,160,732 |
| 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. | $537,533 |
| Compensation of current officers, directors, key employees. | $219,629 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,853,290 |
| Pension plan accruals and contributions | $164,174 |
| Other employee benefits | $624,141 |
| Payroll taxes | $398,440 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $104,769 |
| Advertising and promotion | $0 |
| Office expenses | $12,358 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $268,469 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $72,998 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $309,601 |
| Insurance | $137,079 |
| All other expenses | $328,805 |
| Total functional expenses | $9,926,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,611,555 |
| Savings and temporary cash investments | $8,511,302 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,867,112 |
| 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 | $14,806 |
| Net Land, buildings, and equipment | $4,349,078 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $211,719 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,565,572 |
| Accounts payable and accrued expenses | $486,393 |
| Grants payable | $0 |
| Deferred revenue | $10,017,541 |
| 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 | $2,215,307 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,719,241 |
| Net assets without donor restrictions | $5,806,567 |
| Net assets with donor restrictions | $2,039,764 |
| 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 | $20,565,572 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that The Sequoyah Educational Center has recieved totaling $88,357.
| Awarding Organization | Amount |
|---|---|
Willametta K Day Foundation Los Angeles, CA PURPOSE: UNRESTRICTED | $46,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $11,500 |
Mauna Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Pasadena Community Foundation Pasadena, CA PURPOSE: General Support | $8,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $6,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,264 |
Endowment Analysis
| Beg. Balance | $71,455 |
| Earnings | $3,938 |
| Grants | $3,938 |
| Ending Balance | $71,455 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Synergy Academies Los Angeles, CA | $22,403,920 | $21,618,793 |
San Diego Jewish Academy San Diego, CA | $60,657,178 | $18,702,706 |
Curtis School Foundation Los Angeles, CA | $75,927,733 | $19,348,920 |
Excel Academy Charter Schools San Marcos, CA | $11,403,735 | $18,058,297 |
Le Lycee Francais De Los Angeles Los Angeles, CA | $97,517,378 | $23,043,510 |
Oregonians For Online Education Inc Scio, OR | $4,402,348 | $19,081,202 |
Willows Community School Culver City, CA | $69,044,375 | $19,353,304 |
Head Start Of Lane County Springfield, OR | $2,527,429 | $16,579,600 |
Hawking Steam Charter Schools Inc Chula Vista, CA | $87,803,315 | $18,115,527 |
Stem Preparatory Schools Inc Los Angeles, CA | $15,250,781 | $22,306,511 |
San Jacinto Valley Academy Inc San Jacinto, CA | $34,100,540 | $18,923,540 |
Delphi Schools Inc Sheridan, OR | $68,746,624 | $17,868,394 |