Palisades Preschool
- Assets
- $744.4k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 22
- Location
- Santa Monica, CA
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 95-4757118
Organization Overview
Palisades Preschool is located in Santa Monica, CA. The organization was established in 2000. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2021, Palisades Preschool employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palisades Preschool 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 12/2021, Palisades Preschool generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 1.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SERVING THE COMMUNITY BY OFFERING A PRESCHOOL EXPERIENCE FOR CHILDREN AND FAMILIES THAT CELEBRATES DIVERSITY, CREATIVITY, AND KINDNESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCHOOL EDUCATION: 55 CHILDREN ENROLLED IN PRESCHOOL, 21 CHILDREN ENROLLED IN TODDLER PROGRAM
CATERED LUNCH PROGRAM AVAILABLE TO ALL STUDENTS
ENRICHMENT PROGRAM: OFFERING CHILDREN ENRICHMENT PROGRAMS SUCH AS BALLET, DRUMS, KARATE, AND SEWING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Kane Chairperson | Trustee | 0.2 | $0 |
Jeff Rouze Treasurer | OfficerTrustee | 0.2 | $0 |
Linda Juhasz-Wood School Director | OfficerTrustee | 40 | $104,890 |
Andrea Chanawatr Co-Chair | Trustee | 0.2 | $0 |
Melanie Wolff Director | Trustee | 0.2 | $0 |
Lindsay Nino Cordoves Co-Chair | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $34,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $94,913 |
| Noncash contributions included in lines 1a–1f | $180 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $129,413 |
| Total Program Service Revenue | $1,152,788 |
| Investment income | $61 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $111,069 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,393,331 |
| 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. | $175,537 |
| Compensation of current officers, directors, key employees. | $70,647 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $545,114 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $66,022 |
| Payroll taxes | $61,655 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $183 |
| Fees for services: Accounting | $6,248 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,101 |
| Information technology | $8,771 |
| Royalties | $0 |
| Occupancy | $113,963 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,094 |
| Insurance | $27,833 |
| All other expenses | $131,021 |
| Total functional expenses | $1,321,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $725,311 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $12,099 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,000 |
| Total assets | $744,410 |
| Accounts payable and accrued expenses | $81 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $343,276 |
| Other liabilities | $0 |
| Total liabilities | $343,357 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $401,053 |
| Total liabilities and net assets/fund balances | $744,410 |