Krishnamurti Foundation Of America
- Assets
- $22.7m
- Revenue
- $8.8m
- Investments
- $5.2m
- Employees
- 252
- Location
- Ojai, CA
- Founding
- 05/1969
- Data as of
- 06/2020
- EIN
- 23-7018406
Organization Overview
Krishnamurti Foundation Of America is located in Ojai, CA. The organization was established in 1969. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Krishnamurti Foundation Of America employed 252 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Krishnamurti Foundation Of America 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, Krishnamurti Foundation Of America generated $8.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $6.6m during the year ending 06/2020. While expenses have increased by 3.4% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION OPERATES AN EDUCATIONAL INSTITUTION (OAK GROVE SCHOOL) AND OPERATES THE KRISHNAMURTI CENTER WHICH CONDUCTS SEMINARS, AND ENGAGES IN THE PUBLICATION AND DISTRIBUTION OF BOOKS, FILMS, AND RECORDINGS PROMULGATING THE TEACHINGS OF J. KRISHNAMURTI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF OAK GROVE SCHOOL, AN EDUCATIONAL PROJECT OF THE FOUNDATION.
OPERATION OF THE KRISHNAMURTI CENTER WHICH PROVIDES OTHER EDUCATIONAL ACTIVITIES THAT INCLUDE SEMINARS AND THE PUBLICATION AND DISTRIBUTION OF BOOKS, FILMS, AND RECORDINGS PROMULGATING THE TEACHINGS OF J KRISHNAMURTI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jodi Gras Head Of School | Officer | 37.5 | $131,465 |
Sandra Torres Business Mgr | Officer | 37.5 | $89,827 |
Jaap Jacob Sluijter Executive Direc | Officer | 37.5 | $77,912 |
Tara Hahn Kfa Biz Manager | Officer | 37.5 | $63,928 |
Karen Hesli Trustee | 10 | $0 | |
Leone Webster Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bill Morris Contracting Inc Repairs & Construction | 6/29/21 | $168,150 |
Pan Pacific Metals Inc Construction | 6/29/21 | $113,711 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,154,514 |
| Investment income | $87,293 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $75,122 |
| Net Rental Income | $57,966 |
| Net Gain/Loss on Asset Sales | $1,899 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $30,384 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,821,741 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $626,748 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $368,992 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,952,814 |
| Pension plan accruals and contributions | $62,310 |
| Other employee benefits | $359,026 |
| Payroll taxes | $239,943 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $89,162 |
| Fees for services: Accounting | $32,624 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $77,487 |
| Fees for services: Other | $72,023 |
| Advertising and promotion | $30,542 |
| Office expenses | $23,801 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,110 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,583 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $355,846 |
| Insurance | $184,921 |
| All other expenses | $0 |
| Total functional expenses | $6,646,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,029,112 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,265,472 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $66,572 |
| Prepaid expenses and deferred charges | $899,395 |
| Investments—publicly traded securities | $2,579,212 |
| Investments—other securities | $5,161,248 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $718,830 |
| Total assets | $22,733,615 |
| Accounts payable and accrued expenses | $662,010 |
| Grants payable | $0 |
| Deferred revenue | $4,202,620 |
| 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 | $685,000 |
| Total liabilities | $5,549,630 |
| 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 | $17,183,985 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Krishnamurti Foundation Of America has recieved totaling $46,262.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $27,112 |
Rudolf Steiner Foundation Inc San Francisco, CA PURPOSE: FOR "NEIGHBORHOOD" SCHOLARSHIP FUND (1ST) FOR OGS HIGH SCHOOL STUDENT | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $7,650 |
Daya Gopal Amrit Tr Huntington, NY PURPOSE: SUPPORT OF ORGANIZATION | $1,000 |
Philip & Myn Rootberg Foundation Chicago, IL PURPOSE: GENERAL FUNDING | $500 |
Endowment Analysis
| Beg. Balance | $3,977,719 |
| Earnings | $1,397,143 |
| Net Contributions | $300,000 |
| Other Expense | $847,027 |
| Ending Balance | $4,827,835 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |
Teach-Org Inc San Francisco, CA | $5,801,007 | $13,162,873 |
The Reason Foundation Los Angeles, CA | $15,187,245 | $16,170,727 |
San Francisco Study Center Inc San Francisco, CA | $5,230,719 | $12,852,895 |
Hoffman Institute Foundation San Rafael, CA | $2,301,194 | $11,907,757 |
Legacy Traditional School Maricopa Chandler, AZ | $18,281,409 | $11,917,984 |
Cambiar Education San Diego, CA | $11,761,927 | $15,993,046 |
Associated Students Of California State University Chico Chico, CA | $29,452,040 | $13,695,718 |
Todays Fresh Start Los Angeles, CA | $38,805,224 | $12,503,064 |
Agape Fresno, CA | $5,383,451 | $10,431,263 |