Willows Community School
- Assets
- $69.0m
- Revenue
- $19.4m
- Investments
- $2.1m
- Employees
- 128
- Location
- Culver City, CA
- Founding
- 05/1994
- Data as of
- 06/2022
- EIN
- 95-4466863
Organization Overview
Willows Community School is located in Culver City, CA. The organization was established in 1994. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Willows Community School employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Willows Community 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, Willows Community School generated $19.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $18.3m during the year ending 06/2022. While expenses have increased by 1.1% 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
A PRIVATE SCHOOL THAT PROVIDES EDUCATIONAL SERVICES FROM DEVELOPMENTAL-KINDERGARTEN TO 8TH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES AN INDEPENDENT SCHOOL WITH AN ENROLLMENT OF APPROXIMATELY 460 STUDENTS IN DEVELOPMENTAL KINDERGARTEN THROUGH EIGHTH GRADE. THE PRINCIPLES OF THE SCHOOL ARE A COMMITMENT TO A STRONG, PROGRESSIVE EDUCATION, ROOTED IN ACADEMIC EXCELLENCE AND SOCIAL VALUES. THE SCHOOL IS COMMITTED TO ENROLLING STUDENTS FROM DIVERSE ECONOMIC, ETHNIC, RACIAL AND SOCIAL BACKGROUNDS. AS PART OF THAT COMMITMENT, THE SCHOOL IS ABLE TO GRANT FINANCIAL ASSISTANCE BASED SOLELY ON DEMONSTRATED FINANCIAL NEED AND AS DETERMINED BY THE ANNUAL BUDGETING SET BY THE BOARD OF TRUSTEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Rosenstein Head Of School | OfficerTrustee | 40 | $586,890 |
Kathryn Cohen CFO | Officer | 40 | $264,182 |
Kim Feldman Director Of Enrollment | 40 | $197,413 | |
Melisa Unger Assistant Head Of School For Advancement | 40 | $188,486 | |
Terri Baird Director Of Teaching & Learning | 40 | $188,040 | |
Vivek Kapoor Director Of Technology | 40 | $157,428 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Psc Security | 6/29/22 | $201,745 |
Universe Facilities Service Corp Janitorial | 6/29/22 | $157,901 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $179,745 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,259,981 |
| Noncash contributions included in lines 1a–1f | $36,476 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,439,726 |
| Total Program Service Revenue | $17,719,970 |
| Investment income | $170,783 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,646 |
| Net Gain/Loss on Asset Sales | -$1,775 |
| Net Income from Fundraising Events | $15,954 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,353,304 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,052,694 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $921,500 |
| Compensation of current officers, directors, key employees. | $153,230 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,414,349 |
| Pension plan accruals and contributions | $370,555 |
| Other employee benefits | $926,290 |
| Payroll taxes | $597,737 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,464 |
| Fees for services: Accounting | $45,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,283 |
| Fees for services: Other | $24,221 |
| Advertising and promotion | $44,788 |
| Office expenses | $430,425 |
| Information technology | $50,235 |
| Royalties | $0 |
| Occupancy | $1,178,235 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $697,050 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,343,717 |
| Insurance | $179,654 |
| All other expenses | $87,130 |
| Total functional expenses | $18,333,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,364,878 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $36,784 |
| Accounts receivable, net | $5,753,869 |
| 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 | $241,079 |
| Net Land, buildings, and equipment | $39,433,337 |
| Investments—publicly traded securities | $8,077,212 |
| Investments—other securities | $2,129,936 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,280 |
| Total assets | $69,044,375 |
| Accounts payable and accrued expenses | $2,575,349 |
| Grants payable | $0 |
| Deferred revenue | $15,993,217 |
| Tax-exempt bond liabilities | $22,811,029 |
| 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 | $0 |
| Total liabilities | $41,379,595 |
| Net assets without donor restrictions | $26,752,837 |
| Net assets with donor restrictions | $911,943 |
| 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 | $69,044,375 |
Grants Recieved
Over the last fiscal year, we have identified 19 grants that Willows Community School has recieved totaling $436,792.
| Awarding Organization | Amount |
|---|---|
Katz Foundation Los Angeles, CA PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $105,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $57,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $43,767 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $30,500 |
Richard Salomon Family Foundation Inc New York, NY PURPOSE: CHARITABLE | $30,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $30,000 |
Endowment Analysis
| Beg. Balance | $701,780 |
| Earnings | -$91,784 |
| Net Contributions | $500 |
| Ending Balance | $610,496 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Francis Parker School San Diego, CA | $194,908,820 | $57,687,551 |
La Jolla Country Day School La Jolla, CA | $114,865,046 | $46,001,052 |
Sierra Canyon High School Foundation Chatsworth, CA | $85,774,367 | $48,990,674 |
Mid-Pacific Institute Honolulu, HI | $101,803,937 | $45,053,597 |
St Margaret Of Scotland Episcopal School San Juan Capistrano, CA | $134,064,500 | $40,914,385 |
Polytechnic School Pasadena, CA | $171,943,339 | $44,872,252 |
Robert Louis Stevenson School Pebble Beach, CA | $122,648,077 | $40,501,209 |
Head-Royce School Oakland, CA | $139,836,677 | $50,710,547 |
Leman Academy Of Excellence Inc Tucson, AZ | $127,912,652 | $38,356,100 |
San Domenico School San Anselmo, CA | $70,945,076 | $41,031,926 |
Alexander Dawson Foundation Las Vegas, NV | $318,582,392 | $50,508,481 |
Buckley School Sherman Oaks, CA | $161,147,758 | $37,463,452 |