Casa Loma College
- Assets
- $6.2m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 70
- Location
- Van Nuys, CA
- Founding
- 04/1967
- Data as of
- 06/2021
- EIN
- 95-2462737
Organization Overview
Casa Loma College is located in Van Nuys, CA. The organization was established in 1967. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 06/2021, Casa Loma College employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casa Loma College 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, Casa Loma College generated $6.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $5.3m during the year ending 06/2021. 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
POSTSECONDARY HEALTH CARE INDUSTRY EDUCATION AND JOB PLACEMENT IN RESPECTIVE FIELDS FOR STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POSTSECONDARY HEALTH CARE INDUSTRY EDUCATION AND JOB PLACEMENT IN RESPECTIVE FIELDS FOR STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Sand CEO | OfficerTrustee | 40 | $116,328 |
Simone Quinto Director Of | 40 | $110,240 | |
Bahaa Karatahan Faculty Memb | 40 | $105,951 | |
Monika Malone Board Member | Trustee | 40 | $9,100 |
Jeffrey Keith Executive Ch | OfficerTrustee | 4 | $0 |
Don Kelley Secretary | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,045,292 |
| 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 | $1,045,292 |
| Total Program Service Revenue | $5,161,746 |
| Investment income | $56 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $69,050 |
| 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 | $6,276,144 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,351,151 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $202,948 |
| Fees for services: Management | $374,456 |
| Fees for services: Legal | $8,398 |
| Fees for services: Accounting | $44,043 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $947,893 |
| Advertising and promotion | $163,538 |
| Office expenses | $300,447 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $675,896 |
| Travel | $6,280 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,323 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,349 |
| Insurance | $179,919 |
| All other expenses | $0 |
| Total functional expenses | $5,292,641 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,155 |
| Savings and temporary cash investments | $326,443 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,462,397 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,045,544 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,591 |
| Net Land, buildings, and equipment | $293,544 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,393 |
| Total assets | $6,230,067 |
| Accounts payable and accrued expenses | $757,135 |
| Grants payable | $0 |
| Deferred revenue | $3,693,037 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $246,936 |
| Secured mortgages and notes payable | $248,366 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $450,811 |
| Total liabilities | $5,396,285 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $833,782 |
| Total liabilities and net assets/fund balances | $6,230,067 |
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Las Best Los Angeles, CA | $11,946,723 | $9,062,975 |
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Neca-Ibew Electrical Training Trust Portland, OR | $14,916,871 | $7,992,939 |
Quest Scholars Program Palo Alto, CA | $18,833,898 | $9,171,706 |
E-Institute Charter School Inc Glendale, AZ | $5,349,223 | $5,255,212 |
Casa Loma College Van Nuys, CA | $6,230,067 | $6,276,144 |
Calibre Academy Inc Glendale, AZ | $11,926,641 | $5,251,509 |
Center For Caregiver Advancement Los Angeles, CA | $5,193,461 | $5,055,264 |