Vaughn Next Century Learning Center is located in San Fernando, CA. The organization was established in 2011. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Vaughn Next Century Learning Center employed 596 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vaughn Next Century Learning Center 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, Vaughn Next Century Learning Center generated $53.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $43.9m during the year ending 06/2021. While expenses have increased by 6.7% 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 GRADUATE STUDENTS WITH KNOWLEDGE, SKILLS AND HABITS TO LIVE IN THE 21ST CENTURY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED PUBLIC EDUCATION TO STUDENTS IN GRADES PRE-K THROUGH 12, SERVING OVER 3,092 STUDENTS, AND PROVIDED 180 DAYS OF INSTRUCTION. FOR THE YEAR WITH THE MOST RECENTLY AVAILABLE STATISTICS, 2019-20, VAUGHN'S GRADUATION RATE WAS 98%, EXCEEDING STATE GRADUATION RATE OF 83%.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fidel Ramirez Chief Executive Officer | Officer | 40 | $170,968 |
Stanley Leandro School Director (hs) | 40 | $138,083 | |
Katia Handal School Director (pl) | 40 | $127,778 | |
Heather Yoshioka Director Of Curriculum | 40 | $120,540 | |
Sandra Contreraz School Director (mit) | 40 | $117,977 | |
Ivette Garcia Director Of Sped | 40 | $116,144 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Speech Language Pathology Association In Sped Services | 6/29/21 | $339,513 |
Think Together After School Program Services | 6/29/21 | $157,630 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $51,299,903 |
All other contributions, gifts, grants, and similar amounts not included above | $9,144 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $51,309,047 |
Total Program Service Revenue | $0 |
Investment income | $1,668,898 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $53,063,832 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $469,366 |
Compensation of current officers, directors, key employees. | $38,910 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $24,829,297 |
Pension plan accruals and contributions | $2,561,753 |
Other employee benefits | $2,312,197 |
Payroll taxes | $897,088 |
Fees for services: Management | $0 |
Fees for services: Legal | $30,969 |
Fees for services: Accounting | $25,934 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $65,514 |
Fees for services: Other | $2,656,069 |
Advertising and promotion | $0 |
Office expenses | $1,183,942 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,278,300 |
Travel | $213,747 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $109,967 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,482,831 |
Insurance | $244,035 |
All other expenses | $0 |
Total functional expenses | $43,949,407 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,810,287 |
Savings and temporary cash investments | $13,102,126 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,179,543 |
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 | $1,146,250 |
Net Land, buildings, and equipment | $106,153,440 |
Investments—publicly traded securities | $67,433,156 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $201,824,802 |
Accounts payable and accrued expenses | $4,644,895 |
Grants payable | $0 |
Deferred revenue | $3,171,193 |
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 | $0 |
Other liabilities | $562,113 |
Total liabilities | $8,378,201 |
Net assets without donor restrictions | $192,641,702 |
Net assets with donor restrictions | $804,899 |
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 | $201,824,802 |
Over the last fiscal year, we have identified 2 grants that Vaughn Next Century Learning Center has recieved totaling $18,259.
Awarding Organization | Amount |
---|---|
Educational Theatre Association Foundation Cincinnati, OH PURPOSE: NBC grant for school theatre program | $10,000 |
The Toy Foundation Inc New York, NY PURPOSE: TO SUPPORT PROGRAM-RELATED WORK | $8,259 |
Organization Name | Assets | Revenue |
---|---|---|
Rocketship Education Redwood City, CA | $74,871,482 | $120,667,231 |
American Leadership Academy Inc Mesa, AZ | $282,415,478 | $95,654,658 |
Five Keys Schools And Programs San Francisco, CA | $50,545,317 | $97,031,582 |
Inspire Charter Schools Duarte, CA | $15,814,456 | $76,018,441 |
Edkey Inc Mesa, AZ | $135,819,543 | $83,812,049 |
River Springs Charter School Inc Temecula, CA | $93,652,592 | $73,899,584 |
Granada Hills Charter Granada Hills, CA | $124,597,337 | $79,128,584 |
California Online Public Schools San Juan Capistrano, CA | $32,661,705 | $70,303,969 |
Camino Nuevo Charter Academy Los Angeles, CA | $62,441,915 | $60,583,098 |
Gateway Community Charters Mcclellan, CA | $96,780,042 | $72,531,964 |
Visions In Education Carmichael, CA | $94,876,505 | $77,038,173 |
Ofl-Baldwin Park Inc Pasadena, CA | $26,446,895 | $59,505,291 |