Curtis School Foundation is located in Los Angeles, CA. The organization was established in 1976. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Curtis School Foundation employed 138 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Curtis School Foundation 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 06/2022, Curtis School Foundation generated $22.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $20.9m during the year ending 06/2022. While expenses have increased by 3.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CURTIS SCHOOL FOUNDATION OPERATES A PRIMARY SCHOOL FOR DEVELOPMENTAL K-6TH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OPERATES A PRIMARY SCHOOL FOR DEVELOPMENTAL KINDERGARTEN THROUGH THE SIXTH GRADE. THERE WERE 490 STUDENTS ENROLLED DURING THE 2021-2022 SCHOOL YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meera Ratnesar Head Of School | Officer | 40 | $335,732 |
R Daniel Rothbauer Cofo (left 3/2022) | Officer | 40 | $215,763 |
Marian W Petrie Director Of Admissions | 40 | $161,311 | |
Corinne Schulman Director Of Advancement | 40 | $156,638 | |
Jeffrey Albert Director Of Facilities | 40 | $158,278 | |
Tessa Mckeown Director Of Lower Elementary | 40 | $150,862 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pica Sullivan Architects Ltd Architects | 6/29/22 | $419,203 |
Kohl Building Maintenance Cleaning Services | 6/29/22 | $279,988 |
Williams Scotsman Mobile Office Rental | 6/29/22 | $280,639 |
Ernesto Romobanano's Gardening Service Landscape Maintenance | 6/29/22 | $242,000 |
Tumbleweed Busing | 6/29/22 | $144,600 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $68,844 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,633,057 |
| Noncash contributions included in lines 1a–1f | $112,972 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,701,901 |
| Total Program Service Revenue | $17,712,515 |
| Investment income | $828,743 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $577,487 |
| Net Income from Fundraising Events | $296,110 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,116,756 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,861,555 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $681,518 |
| Compensation of current officers, directors, key employees. | $455,455 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,653,251 |
| Pension plan accruals and contributions | $511,622 |
| Other employee benefits | $2,141,773 |
| Payroll taxes | $719,717 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,158 |
| Fees for services: Accounting | $120,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $265,255 |
| Advertising and promotion | $0 |
| Office expenses | $525,191 |
| Information technology | $311,728 |
| Royalties | $0 |
| Occupancy | $1,257,023 |
| Travel | $32,769 |
| 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 | $1,135,843 |
| Insurance | $193,596 |
| All other expenses | $135,412 |
| Total functional expenses | $20,893,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,553,129 |
| Savings and temporary cash investments | $1,968,701 |
| Pledges and grants receivable | $243,250 |
| Accounts receivable, net | $11,715,929 |
| 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 | $268,433 |
| Net Land, buildings, and equipment | $7,073,314 |
| Investments—publicly traded securities | $44,267,443 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $70,090,199 |
| Accounts payable and accrued expenses | $1,137,195 |
| Grants payable | $0 |
| Deferred revenue | $16,039,267 |
| 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 | $0 |
| Total liabilities | $17,176,462 |
| Net assets without donor restrictions | $20,546,345 |
| Net assets with donor restrictions | $32,367,392 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $70,090,199 |