Kester Avenue Magnet Parents Association
- Assets
- $41.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sherman Oaks, CA
- Founding
- 09/1990
- Data as of
- 12/2021
- EIN
- 95-4190303
Organization Overview
Kester Avenue Magnet Parents Association is located in Sherman Oaks, CA. The organization was established in 1990. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kester Avenue Magnet Parents Association 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 12/2021, Kester Avenue Magnet Parents Association generated $23.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $30.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ENRICHMENT OF KESTER AVE. SCHOOL STUDENT BODY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Chicoine Secretary | 1 | $0 | |
Christophe Abiragi Treasurer | 5 | $0 | |
Tom Tsao President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,481 |
| Other Revenue | $0 |
| Total Revenue | $23,481 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,292 |
| Total expenses | $29,973 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,721 |
| Other assets | $0 |
| Total assets | $40,994 |
| Total liabilities | $1,155 |
| Net assets or fund balances | $39,839 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kester Avenue Magnet Parents Association has recieved totaling $232.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $232 |
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