New Education Options
- Assets
- $57.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sherman Oaks, CA
- Founding
- 08/2002
- Data as of
- 12/2021
- EIN
- 95-4849246
Organization Overview
New Education Options is located in Sherman Oaks, CA. The organization was established in 2002. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Education Options 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, New Education Options generated $127.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $49.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.0%) per year over the past 7 years. 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 Program Activity:
Part 3
TO PROVIDE AND FUND CHARITABLE PROGRAMS EMBRACING PUBLISHING, EDUCATIONAL SERVICES AND TRAINING SOLUTIONS FOR CHILDREN, EDUCATORS AND ADULTS TO ENGLISH LANGUAGE MASTERY, NUMERACY, SOCIAL AND ACADEMIC SKILLS FOR TK-12 STUDENT SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthyny Lebo President | 0 | $3,000 | |
James C Logan Projects Mgr | 0 | $0 | |
Lynda Reichbach Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $112,103 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15,000 |
| Total Revenue | $127,103 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,417 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $18,535 |
| Printing, publications, postage, and shipping | $276 |
| Other expenses | $26,411 |
| Total expenses | $49,639 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,813 |
| Other assets | $0 |
| Total assets | $57,113 |
| Total liabilities | $206,326 |
| Net assets or fund balances | -$149,213 |
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