Los Angeles Universal Preschool
- Assets
- $9.0m
- Revenue
- $26.2m
- Investments
- $0.0
- Employees
- 230
- Location
- Los Angeles, CA
- Founding
- 02/2005
- Data as of
- 06/2020
- EIN
- 22-3902958
Organization Overview
Los Angeles Universal Preschool, operating under the name Child360, is located in Los Angeles, CA. The organization was established in 2005. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2020, Child360 employed 230 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Child360 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 06/2020, Child360 generated $26.2m 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 (16.3%) each year. All expenses for the organization totaled $27.5m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Child360 has awarded 645 individual grants totaling $110,569,183. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE EARLY EDUCATION PROGRAM QUALITY AND CAPACITY BY SUPPORTING THE DEVELOPMENT OF THE WHOLE CHILD, GROWING A QUALIFIED WORKFORCE, AND STRENGTHENING FAMILY ENGAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WORKS WITH EARLY LEARNING PROVIDERS TO ELEVATE THEIR PROGRAMS THROUGH ASSESSMENTS, COACHING, TRAINING, AND PROFESSIONAL DEVELOPMENT.
THE ORGANIZATION WORKS WITH EARLY LEARNING PROVIDERS TO ELEVATE THEIR PROGRAMS THROUGH ASSESSMENTS, COACHING, TRAINING, AND PROFESSIONAL DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William F Sperling CEO | Officer | 40 | $280,800 |
Jesus F Almodovar Chief Financial Officer | Officer | 40 | $228,702 |
Dawn A Kurtz Chief Program Officer | Officer | 40 | $216,382 |
Robert Lazo Managing Director Of It | 40 | $173,876 | |
Schellee Rocher VP Of Program Operations | Officer | 40 | $147,044 |
Amy Williams Dir Of Community Engagement | 40 | $140,866 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bortega Group It Maint. & Support | 6/29/20 | $245,817 |
Bortega Group It Maint. & Support | 6/29/20 | $245,817 |
Bdo Usa Llp Audit Services | 6/29/20 | $103,946 |
Bdo Usa Llp Audit Services | 6/29/20 | $103,946 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,472,687 |
| Investment income | $44,166 |
| 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 | $26,158,862 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $253,890 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,004,990 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,181,437 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,293,051 |
| Payroll taxes | $1,202,926 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $736,327 |
| Advertising and promotion | $103,020 |
| Office expenses | $802,296 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,039,119 |
| Travel | $227,358 |
| 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 | $280,566 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $27,537,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,952,157 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,441,413 |
| Accounts receivable, net | $17,770 |
| 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 | $57,298 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $52,007 |
| Total assets | $9,025,179 |
| Accounts payable and accrued expenses | $2,838,595 |
| Grants payable | $0 |
| Deferred revenue | $412,310 |
| 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 | $2,805,135 |
| Total liabilities | $6,056,040 |
| 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 |
| Total liabilities and net assets/fund balances | $2,969,139 |
Grants Awarded
Over the last fiscal year, Los Angeles Universal Preschool has awarded $7,748,242 in support to 162 organizations.
| Grant Recipient | Amount |
|---|---|
LOS ANGELES UNIFIED SCHOOL DISTRICT PURPOSE: GRANT-QUALITY RATING | $536,370 |
LOS ANGELES UNIFIED SCHOOL DISTRICT PURPOSE: GRANT-QUALITY RATING | $536,370 |
Los Angeles, CA PURPOSE: GRANT-QUALITY RATING | $252,300 |
Los Angeles, CA PURPOSE: GRANT-QUALITY RATING | $252,300 |
FLORA MCGREGORY PURPOSE: GRANT-QUALITY RATING | $202,245 |
FLORA MCGREGORY PURPOSE: GRANT-QUALITY RATING | $202,245 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Los Angeles Universal Preschool has recieved totaling $141,000.
| Awarding Organization | Amount |
|---|---|
Ccf Community Initiatives Fund Los Angeles, CA PURPOSE: EDUCATION | $100,000 |
Ralph M Parsons Foundation Los Angeles, CA PURPOSE: TO SUPPORT PARENT LEARNING AND FAMILY ENGAGEMENT | $40,000 |
The California Wellness Foundation Los Angeles, CA PURPOSE: 2021 CAL WELLNESS MATCHING GIFT GRANT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catalyst Family Inc Morgan Hill, CA | $29,840,400 | $76,356,532 |
Doral Academy Of Nevada Las Vegas, NV | $131,957,708 | $48,898,160 |
Child Parent Centers Inc Tucson, AZ | $16,878,130 | $37,963,883 |
Los Angeles Universal Preschool Los Angeles, CA | $9,025,179 | $26,158,862 |
Kamaaina Care Inc Kailua, HI | $16,893,608 | $29,363,431 |
Plaza De La Raza Child Development Services Inc City of Industry, CA | $2,591,767 | $20,694,793 |
Child Start Incorporated Napa, CA | $8,014,837 | $18,886,545 |
Institute For Human & Social Development Inc San Mateo, CA | $7,306,180 | $14,787,145 |
Keys Family Day School Inc Palo Alto, CA | $33,258,594 | $15,731,611 |
The San Francisco School San Francisco, CA | $30,677,373 | $14,481,306 |
Hanalani Schools Mililani, HI | $23,961,358 | $16,139,886 |
Berkeley Hall School Foundation Los Angeles, CA | $27,121,443 | $12,682,160 |