Portola Magnet Program For Academic Excellence
- Assets
- $163.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tarzana, CA
- Founding
- 06/1989
- Data as of
- 06/2022
- EIN
- 95-4207868
Organization Overview
Portola Magnet Program For Academic Excellence is located in Tarzana, CA. The organization was established in 1989. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portola Magnet Program For Academic Excellence 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, Portola Magnet Program For Academic Excellence generated $147.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $124.7k during the year ending 06/2022. While expenses have increased by 18.9% per year over the past 5 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
COORDINATE AND PROVIDE FUNDING FOR AFTER SCHOOL ENRICHMENT CLASSES, PURCHASED SUPPLEMENTARY CLASSROOM MATERIALS, AND PROVIDED FUNDING FOR FIELD TRIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daisy Gardner President | 5 | $0 | |
Lili Tran Vice President | 5 | $0 | |
Joyce Wong Kup Secretary | 5 | $0 | |
Hong Tran Treasurer | 5 | $0 | |
Tracy Dressel Communications | 5 | $0 | |
Claudia Perez Fundraising | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,732 |
| Total Program Service Revenue | $62,690 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $147,039 |
| 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 | $123,786 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $840 |
| Total expenses | $124,744 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $163,188 |
| Other assets | $0 |
| Total assets | $163,188 |
| Total liabilities | $0 |
| Net assets or fund balances | $163,188 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Portola Magnet Program For Academic Excellence has recieved totaling $56,096.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $50,346 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,016 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $734 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Campaign For Great Public Schools Beaverton, OR | $11,922,606 | $23,221,700 |
Alliance For College-Ready Public Schools Los Angeles, CA | $0 | $10,738,936 |
Carnegie Foundation For Advancement Teaching W Coast Office Education Stanford, CA | $131,360,777 | $20,151,205 |
Human-I-T Bell, CA | $11,089,080 | $12,233,470 |
Association Of California School Administrators Burlingame, CA | $34,914,823 | $16,453,112 |
Illustrative Mathematics Oro Valley, AZ | $5,801,016 | $11,729,780 |
California Apt Association Sacramento, CA | $10,618,601 | $9,881,237 |
Institute For Multicultural Counseling And Education Services Los Angeles, CA | $5,975,934 | $7,424,525 |
Arizona Education Association Phoenix, AZ | $8,129,999 | $7,870,679 |
Los Angeles Education Partnership Los Angeles, CA | $2,987,241 | $7,123,624 |
The Primary School Lab East Palo Alto, CA | $1,109,557 | $3,998,000 |
California Certified Organic Farmers Inc Santa Cruz, CA | $8,482,954 | $7,449,221 |