The Oaks School
- Assets
- $4.9m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 35
- Location
- Hollywood, CA
- Founding
- 01/1988
- Data as of
- 06/2022
- EIN
- 95-4106117
Organization Overview
The Oaks School is located in Hollywood, CA. The organization was established in 1988. 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, Oaks School employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oaks 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, Oaks School generated $4.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $5.1m during the year ending 06/2022. 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
IN AN ATMOSPHERE OF MUTUAL RESPECT AND RESPONSIBILITY, THE OAKS SCHOOL PREPARES STUDENTS TO MEET THE WORLD WITH THE COMBINED WISDOM OF AN INTELLIGENT MIND, A SKILLED HAND, AND A COMPASSIONATE HEART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OAKS SCHOOL PROVIDES QUALITY PRIVATE EDUCATION, KINDERGARTEN THROUGH SIXTH GRADE, FOR APPROXIMATELY 115 STUDENTS.THE SCHOOL'S PHILOSOPHY IS FOUNDED ON THE BELIEF THAT BEST LEARNING OPPORTUNITIES ARE CREATED WHEN CHILDREN ARE ABLE TO SHARE IN THE RESPONSIBILITY FOR THEIR OWN EDUCATION, AND WHERE THEY FEEL SAFE TO TAKE RISKS, MAKE MISTAKES, AND MASTER SKILLS. CURRICULUM AT THE SCHOOL EDUCATES THE WHOLE CHILD. THROUGH PROJECT-BASED LEARNING, STUDENTS ARE ENCOURAGED TO EXPLORE, CHALLENGE, AND INTERPRET THE WORLD AROUND THEM.THE SCHOOL IS FULLY ACCREDITED BY THE CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS AND THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES, AND IS A MEMBER OF THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Ayears Faculty Member | Trustee | 40 | $43,851 |
Abby Weintraub Board Chair | OfficerTrustee | 5 | $0 |
Donald Grant Vice Chair | OfficerTrustee | 2 | $0 |
Jessica Day Treasurer | OfficerTrustee | 1 | $0 |
Robert Reynolds Secretary | OfficerTrustee | 1 | $0 |
Janine Jones Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hllwd United Methodist Church Credit On Lease Payments | 6/29/18 | $395,587 |
Macadi Cleaning Corporation Cleaning Services | 6/29/18 | $104,169 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $60,135 |
| Related organizations | $0 |
| Government grants | $902,469 |
| All other contributions, gifts, grants, and similar amounts not included above | $346,264 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,308,868 |
| Total Program Service Revenue | $3,521,401 |
| Investment income | $43,332 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$89 |
| Net Income from Fundraising Events | $31,495 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,905,007 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $490,356 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $567,876 |
| Compensation of current officers, directors, key employees. | $188,884 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,770,838 |
| Pension plan accruals and contributions | $71,686 |
| Other employee benefits | $183,290 |
| Payroll taxes | $171,376 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,686 |
| Fees for services: Accounting | $130,622 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,118 |
| Fees for services: Other | $31,327 |
| Advertising and promotion | $44,230 |
| Office expenses | $7,458 |
| Information technology | $95,098 |
| Royalties | $0 |
| Occupancy | $690,730 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,450 |
| Interest | $35,269 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $270,549 |
| Insurance | $87,178 |
| All other expenses | $0 |
| Total functional expenses | $5,091,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,576,545 |
| Savings and temporary cash investments | $54,232 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,378 |
| 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 | $119,946 |
| Net Land, buildings, and equipment | $2,049,479 |
| Investments—publicly traded securities | $1,091,137 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,914,717 |
| Accounts payable and accrued expenses | $495,690 |
| Grants payable | $0 |
| Deferred revenue | $303,946 |
| 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 | $2,395,713 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,043,291 |
| Total liabilities | $4,238,640 |
| Net assets without donor restrictions | $534,507 |
| Net assets with donor restrictions | $141,570 |
| 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 | $4,914,717 |