Milken Community School
- Assets
- $87.3m
- Revenue
- $51.5m
- Investments
- $5.3m
- Employees
- 258
- Location
- Los Angeles, CA
- Founding
- 09/1994
- Data as of
- 06/2022
- EIN
- 95-4381008
Organization Overview
Milken Community School, operating under the name Milken Community High School, is located in Los Angeles, CA. The organization was established in 1994. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Milken Community High School employed 258 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milken Community High 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, Milken Community High School generated $51.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $42.0m during the year ending 06/2022. While expenses have increased by 2.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE SCHOOLS TEACHING RELIGIOUS COURSES OF THE JEWISH FAITH AND OTHER SUBJECTS TAUGHT IN INDEPENDENT COLLEGE PREPARATORY SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A GRADE 7-12 INDEPENDENT COLLEGE-PREPARATORY INSTITUTION SERVICING 717 STUDENTS, MILKEN COMMUNITY SCHOOLS IS A PLACE OF RIGOROUS ACADEMIC PREPARATION AND INTELLECTUAL INQUIRY AND A PLACE OF PROFOUND AND TRANSFORMATIVE EXPERIENCES WITH LEARNING, SPIRITUAL PRACTICE, AND ETHICAL PRACTICE AT THE FOUNDATION OF THOSE EXPERIENCES. MILKEN'S CORE PROGRAMS DRIVE A DEMANDING AND FULFILLING ACADEMIC CURRICULUM. OUR SPECIALIZED INSTITUTES AND CENTERS, RANGING FROM ARCHITECTURE AND DESIGN TO SCIENCE AND TECHNOLOGY AND ADVANCED JEWISH STUDIES, IN CONCERT WITH ADVANCED PLACEMENT COURSES AND A FULL ARRAY OF PERFORMING ARTS, VISUAL ARTS, AND LANGUAGE ELECTIVES, PROVIDE OUR STUDENTS WITH THE FINEST PRIVATE, INDEPENDENT SCHOOL EXPERIENCES INFUSED WITH THE BEST OF JEWISH EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lise Applebaum Chair | OfficerTrustee | 1 | $0 |
Ken Gross Secretary | OfficerTrustee | 1 | $0 |
Richard Sandler Vice Chair | OfficerTrustee | 1 | $0 |
Leon Janks Trustee | Trustee | 1 | $0 |
Susan Bloch Kay Trustee | Trustee | 1 | $0 |
Shahin Dardashty Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jdm Contractors Contractor | 6/29/22 | $1,428,088 |
Tumbleweed Transportation Transportation | 6/29/22 | $709,141 |
Alexander Muss Institute For Israel Educ Tiferet Programs | 6/29/22 | $687,215 |
Professional Security Consultants Security Provider | 6/29/22 | $501,259 |
Ontario Refrigeration Services Inc Hvac Services | 6/29/22 | $416,144 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $635,904 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,637,670 |
| Noncash contributions included in lines 1a–1f | $641,187 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,273,574 |
| Total Program Service Revenue | $37,706,671 |
| Investment income | $209,548 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$773,034 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $63,955 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,480,714 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,607,382 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,879,325 |
| Compensation of current officers, directors, key employees. | $975,666 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,600,985 |
| Pension plan accruals and contributions | $565,094 |
| Other employee benefits | $2,824,318 |
| Payroll taxes | $1,292,164 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $52,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,052 |
| Fees for services: Other | $386,962 |
| Advertising and promotion | $304,132 |
| Office expenses | $633,770 |
| Information technology | $476,843 |
| Royalties | $0 |
| Occupancy | $1,366,582 |
| Travel | $1,396,278 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $132,095 |
| Interest | $113,993 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,621,442 |
| Insurance | $467,320 |
| All other expenses | $1,003,819 |
| Total functional expenses | $41,995,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,633,210 |
| Savings and temporary cash investments | $541,906 |
| Pledges and grants receivable | $2,157,400 |
| Accounts receivable, net | $11,710 |
| Loans from Officers, Directors, or Controlling Persons | $170,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $54,559 |
| Net Land, buildings, and equipment | $45,977,171 |
| Investments—publicly traded securities | $2,894,011 |
| Investments—other securities | $5,339,774 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,526,136 |
| Total assets | $87,305,877 |
| Accounts payable and accrued expenses | $2,124,867 |
| Grants payable | $0 |
| Deferred revenue | $11,481,929 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $5,000,000 |
| Other liabilities | $18,588,554 |
| Total liabilities | $37,195,350 |
| Net assets without donor restrictions | $46,265,872 |
| Net assets with donor restrictions | $3,844,655 |
| 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 | $87,305,877 |