Sonoma Valley Academy Inc is located in Novato, CA. The organization was established in 1988. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. Sonoma Valley Academy Inc 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 06/2017, Sonoma Valley Academy Inc generated $37.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $44.5k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 2 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
2017
Describe the Organization's Program Activity:
Part 3
EDUCATION INSTITUTION OPEN TO THE GENERAL PUBLIC FOR THE PURPOSE OF INSTRUCTION OF CHILDREN IN GRADES K-12 IN THE FIELDS OF, BUT NOT LIMITED TO, READING, MATH, WRITING, ETC. AVERAGE NUMBER OF STUDENTS ENROLLED - 4.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary F Refvem Pres/treas/dir | 55 | $15,541 | |
Bonnie Paul Secretary/dir | 1 | $0 | |
Michael Woods Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $831 |
| Total Program Service Revenue | $37,092 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,923 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,208 |
| Professional fees and other payments to independent contractors | $965 |
| Occupancy, rent, utilities, and maintenance | $5,933 |
| Printing, publications, postage, and shipping | $54 |
| Other expenses | $8,344 |
| Total expenses | $44,504 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,835 |
| Other assets | $0 |
| Total assets | $9,335 |
| Total liabilities | $642 |
| Net assets or fund balances | $8,693 |