Project Grad Los Angeles Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 23
- Location
- Van Nuys, CA
- Founding
- 04/1999
- Data as of
- 06/2021
- EIN
- 95-4724314
Organization Overview
Project Grad Los Angeles Inc is located in Van Nuys, CA. The organization was established in 1999. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Project Grad Los Angeles Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Grad Los Angeles Inc 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, Project Grad Los Angeles Inc generated $6.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (66.2%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENSURE STUDENTS IN HISTORICALLY UNDERSERVED COMMUNITIES HAVE ACCESS TO AN ENRICHED, QUALITY PUBLIC SCHOOL EDUCATION, GRADUATE FROM HIGH SCHOOL AND GO ON PREPARED TO COMPLETE COLLEGE.
Describe the Organization's Program Activity:
Part 3
COLLEGE READINESS - SITE-BASED DIRECT SERVICES TO STUDENTS AND FAMILIES AT THE HIGH SCHOOL LEVEL DESIGNED TO IMPROVE ACADEMIC PERFORMANCE, INCREASE SOCIAL AND EMOTIONAL COMPETENCIES AND ENGAGE THE ENTIRE FAMILY IN COLLEGE SUCCESS.
COLLEGE SUCCESS / SCHOLARSHIPS - NEEDS BASED SCHOLARSHIPS OF $2,000 TO $6,000 TO STUDENTS WHO MEET RIGOROUS PROGRAM CRITERIA.
PROGRAM EVALUATION - STUDENT-LEVEL DATABASE TO TRACK MULTIPLE INDICATORS INCLUDING K-16 STUDENT ACADEMIC PROGRESS AND COMPLETTION / PERSISTENCY RATES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ford Roosevelt President & CEO | 40 | $137,092 | |
Martha Diaz-Aszkenazy Chair | 3 | $0 | |
Steven Contreraz Treasurer | 3 | $0 | |
Olga DE Jesus Varga Secretary | 3 | $0 | |
Salvador Director | 3 | $0 | |
Dan Chernow Director | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Princeton Review Test Preparation Services | 6/29/16 | $154,174 |
Lausd Teachers,tutors,coordinators | 6/29/16 | $308,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,683 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,698 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $373,759 |
| Professional fees and other payments to independent contractors | $10,354 |
| Occupancy, rent, utilities, and maintenance | $8,100 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,014 |
| Total expenses | $1,055,542 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Project Grad Los Angeles Inc has recieved totaling $30,601.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $15,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $15,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $8 |
Meta & George Rosenberg Foundation Los Angeles, CA PURPOSE: GENERAL | -$14,407 |
Endowment Analysis
| Beg. Balance | $200,000 |
| Ending Balance | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Duffield Family Foundation Pleasanton, CA | $258,368,317 | $20,065,038 |
American Indian Model Schools Oakland, CA | $18,645,472 | $19,971,757 |
Partnership For Los Angeles Schools Los Angeles, CA | $63,718,377 | $31,128,437 |
Hamburger Home Los Angeles, CA | $14,127,988 | $18,500,267 |
Arizona Agribusiness & Equine Center Phoenix, AZ | $41,363,992 | $18,352,142 |
Summit Public Schools Washington Redwood City, CA | $14,247,719 | $16,987,121 |
All For Health Health For All Inc Glendale, CA | $29,884,317 | $23,523,677 |
International Society For Technology In Education Portland, OR | $20,256,205 | $13,556,365 |
Northwest Christian School Phoenix, AZ | $14,587,608 | $15,711,697 |
Fit Kids Inc Scottsdale, AZ | $27,357,951 | $13,904,484 |
Oxford Preparatory Academy Aliso Viejo, CA | $8,703,539 | $15,190,265 |
Center For Academic Success Sierra Vista, AZ | $18,278,347 | $12,993,576 |