Milken Community Schools
- Assets
- $80.8m
- Revenue
- $40.5m
- Investments
- $6.8m
- Employees
- 256
- Location
- Los Angeles, CA
- Founding
- 09/1994
- Data as of
- 06/2021
- EIN
- 95-4381008
Organization Overview
Milken Community Schools, 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 06/2021, Milken Community High School employed 256 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 06/2021, Milken Community High School generated $40.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $38.0m during the year ending 06/2021. While expenses have increased by 0.7% per year over the past 6 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
2021
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 694 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 |
|---|---|---|---|
Sarah Shulkind Head Of School | Officer | 40 | $505,950 |
Limor Dankner Assoc. Hos For Academic Aff. | Officer | 40 | $215,785 |
Kimberly Schwartz Chief Curr. & Program Officer | Officer | 40 | $205,548 |
Daniel Spiegel Assoc. Hos For External Relations | Officer | 40 | $203,010 |
Tanner James Ragland COO | Officer | 40 | $185,222 |
Tarryn Breskal CFO | Officer | 40 | $157,517 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tumbleweed Transportation Transportation | 6/29/21 | $641,280 |
Professional Security Consultants Security Provider | 6/29/21 | $468,370 |
Alexander Muss Institute For Israel Ed Tiferet Programs | 6/29/21 | $539,370 |
Caliente Landscape Inc Gardening Service | 6/29/21 | $171,785 |
Tikal Acousticoscar Escobar Acoustic Services | 6/29/21 | $121,782 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,504,395 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,645,879 |
| Noncash contributions included in lines 1a–1f | $66,263 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,150,274 |
| Total Program Service Revenue | $35,219,402 |
| Investment income | $171,703 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $515 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$4,370 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,537,524 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,065,457 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,754,611 |
| Compensation of current officers, directors, key employees. | $1,173,338 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,128,446 |
| Pension plan accruals and contributions | $640,132 |
| Other employee benefits | $2,223,456 |
| Payroll taxes | $1,275,152 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,152 |
| Fees for services: Other | $660,229 |
| Advertising and promotion | $363,634 |
| Office expenses | $709,188 |
| Information technology | $269,666 |
| Royalties | $0 |
| Occupancy | $891,287 |
| Travel | $6,248 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $122,472 |
| Interest | $252,780 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,372,770 |
| Insurance | $397,762 |
| All other expenses | $190,037 |
| Total functional expenses | $38,043,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,509,185 |
| Savings and temporary cash investments | $223,816 |
| Pledges and grants receivable | $3,358,253 |
| Accounts receivable, net | $220,086 |
| Loans from Officers, Directors, or Controlling Persons | $261,522 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $83,242 |
| Net Land, buildings, and equipment | $45,912,543 |
| Investments—publicly traded securities | $2,835,949 |
| Investments—other securities | $6,766,463 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,588,197 |
| Total assets | $80,759,256 |
| Accounts payable and accrued expenses | $2,347,437 |
| Grants payable | $0 |
| Deferred revenue | $10,302,442 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $180,000 |
| Secured mortgages and notes payable | $3,200,000 |
| Unsecured mortgages and notes payable | $6,000,000 |
| Other liabilities | $16,588,197 |
| Total liabilities | $38,618,076 |
| Net assets without donor restrictions | $36,025,339 |
| Net assets with donor restrictions | $6,115,841 |
| 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 | $80,759,256 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Milken Community Schools has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Myna And Uri Herscher Family Foundation Los Angeles, CA PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $5,000 |
Endowment Analysis
| Beg. Balance | $8,274,414 |
| Earnings | $1,794,060 |
| Net Contributions | $19,851 |
| Other Expense | $507,862 |
| Ending Balance | $9,580,463 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Bay Area Schools Oakland, CA | $172,487,625 | $112,257,587 |
Somerset Academy Of Las Vegas Las Vegas, NV | $192,795,065 | $79,621,443 |
High Tech High San Diego, CA | $58,788,634 | $76,672,129 |
Menlo School Atherton, CA | $320,152,000 | $64,317,000 |
Oaks Christian School Westlake Village, CA | $150,419,760 | $62,594,014 |
Summit Public Schools Redwood City, CA | $48,530,707 | $55,546,203 |
El Camino Real Alliance Woodland Hills, CA | $34,397,207 | $53,776,806 |
Milken Community Schools Los Angeles, CA | $80,759,256 | $40,537,524 |
Windward School Los Angeles, CA | $106,329,646 | $41,804,232 |
Orange County School Of The Arts Santa Ana, CA | $14,647,557 | $49,463,330 |
Inner City Education Foundation Los Angeles, CA | $33,345,924 | $41,820,831 |
Crystal Springs Uplands School Hillsborough, CA | $136,020,158 | $40,020,241 |