Pueblo Nuevo Education And Development Group
- Assets
- $12.0m
- Revenue
- $8.7m
- Investments
- $0.0
- Employees
- 88
- Location
- Los Angeles, CA
- Founding
- 10/2016
- Data as of
- 06/2021
- EIN
- 81-1668428
Organization Overview
Pueblo Nuevo Education And Development Group is located in Los Angeles, CA. The organization was established in 2016. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2021, Pueblo Nuevo Education And Development Group employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pueblo Nuevo Education And Development Group 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 06/2021, Pueblo Nuevo Education And Development Group generated $8.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $7.6m during the year ending 06/2021. While expenses have increased by 21.0% per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESOURCE DEVELOPMENT AND CAPACITY BUILDING TO SUPPORT CAMINO NUEVO CHARTER ACADEMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY CHILDHOOD EDUCATION CENTER OFFERS A PRESCHOOL EDUCATION FOR THE CHILDREN OF GREATER MACARTHUR PARK IN A SAFE AND NURTURING ENVIRONMENT TO ENSURE THAT THEY ARE PROVIDED A STRONG FOUNDATION FOR THEIR SOCIAL, EMOTIONAL AND ACADEMIC SUCCESS. THE STAFF IS COMMITTED TO PROVIDING DEVELOPMENTALLY APPROPRIATE EXPERIENCES THAT ALLOW THE CHILDREN TO LEARN AT THEIR FULLEST POTENTIAL.
RESOURCE-DEVELOPMENT AND CAPACITY BUILDING TO SUPPORT THE CNCA MISSION AND PROGRAMS THAT EXTEND BEYOND THE PUBLICLY FUNDED, INSTRUCTIONAL K-12 PROGRAM, YET ARE CRUCIAL TO STUDENTS' EARLY CHILDHOOD EDUCATION, ACADEMIC, COLLEGE AND LIFELONG SUCCESS. ALL PRIVATE DOLLARS RAISED, CAPACITY BUILDING OFFERED, AND SUPPORT SERVICES DELIVERED BY PNEDG ARE DONE SO TO ENRICH THE K-12 INSTRUCTIONAL PROGRAM CNCA OFFERS AND TO BENEFIT CNCA STUDENTS AND ALUMNI AND TO MAXIMIZE THEIR FULLEST ACADEMIC POTENTIAL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Stanton Cnca Chief Financial Offic | Officer | 40 | $176,772 |
Robert Spencer VP Of Schools | 40 | $140,541 | |
Margarita Domingo VP Of Compliance And Hr | 40 | $131,953 | |
Erica Gonzalez VP Of Programs | 40 | $127,468 | |
Chantavia Moore Senior Director Of Km | 40 | $126,020 | |
Rachel Hazelhurst VP Of C&i | 40 | $116,005 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Hanover Insurance Group General Insurance | 6/29/20 | $268,290 |
Grupo Nuevo Los Angeles Rent | 6/29/20 | $203,690 |
The Hanover Insurance Group General Insurance | 6/29/20 | $268,290 |
Margaret A Chidester & Associates Legal Services | 6/29/20 | $111,986 |
Exed Financial Services | 6/29/20 | $520,494 |
Exed Financial Services | 6/29/20 | $520,494 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $549,556 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,803,865 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,353,421 |
| Total Program Service Revenue | $6,282,866 |
| Investment income | $185 |
| 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 | $8,677,303 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $415,550 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $171,178 |
| Compensation of current officers, directors, key employees. | $97,571 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,915,459 |
| Pension plan accruals and contributions | $176,918 |
| Other employee benefits | $306,509 |
| Payroll taxes | $303,174 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $61,833 |
| Fees for services: Accounting | $49,329 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $830,607 |
| Advertising and promotion | $86,703 |
| Office expenses | $195,192 |
| Information technology | $202,724 |
| Royalties | $0 |
| Occupancy | $381,082 |
| Travel | $13,446 |
| 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 | $79,284 |
| Insurance | $345,813 |
| All other expenses | $0 |
| Total functional expenses | $7,582,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,736,679 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,316 |
| 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 | $101,798 |
| Net Land, buildings, and equipment | $4,188,299 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,965,791 |
| Total assets | $12,032,883 |
| Accounts payable and accrued expenses | $589,369 |
| Grants payable | $0 |
| Deferred revenue | $47,084 |
| 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 | $636,453 |
| Net assets without donor restrictions | $7,162,565 |
| Net assets with donor restrictions | $4,233,865 |
| 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 | $12,032,883 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Pueblo Nuevo Education And Development Group has recieved totaling $788,845.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $270,000 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $185,000 |
Whh Foundation San Marino, CA PURPOSE: PROGRAM/PROJECT SUPPORT | $100,000 |
John H & Cynthia Lee Smet Foundation Manhattan Beach, CA PURPOSE: EDUCATION | $89,300 |
Ralph M Parsons Foundation Los Angeles, CA PURPOSE: FOR GENERAL SUPPORT OF EDUCATION AND SUPPORTIVE SERVICES | $75,000 |
Joseph Drown Foundation Los Angeles, CA PURPOSE: CAMINO NUEVO CHARTER SCHOOLS | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Provenance Duarte, CA | $16,793,106 | $20,000,682 |
Spark Sf Public Schools San Francisco, CA | $15,254,604 | $27,199,561 |
Great Public Schools Now Los Angeles, CA | $20,013,399 | $15,067,311 |
Institute For Supply Management Inc Tempe, AZ | $18,812,365 | $12,909,076 |
Gladstone Foundation San Francisco, CA | $27,923,141 | $22,078,581 |
George Lucas Educational Foundation San Rafael, CA | $6,425,809 | $14,665,129 |
The Parasol Tahoe Community Foundation Inc Incline Village, NV | $97,913,034 | $15,633,796 |
Davidson Institute For Talent Development Incline Village, NV | $2,040,449 | $8,109,259 |
Pueblo Nuevo Education And Development Group Los Angeles, CA | $12,032,883 | $8,677,303 |
Silicon Schools Fund Inc Oakland, CA | $28,590,142 | $9,890,035 |
Alliance College-Ready Public Schools Foundation Los Angeles, CA | $1,948,564 | $6,883,984 |
Stem Next Opportunity Fund San Diego, CA | $10,305,213 | $10,913,896 |