Growing Years Childrens Academy is located in Glendale, CA. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Growing Years Childrens Academy employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Growing Years Childrens Academy 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 12/2022, Growing Years Childrens Academy generated $207.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $195.9k during the year ending 12/2022. While expenses have increased by 10.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE THE HIGHEST QUALITY EARLY CHILDHOOD EDUCATION TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEAM GABE- SCIENCE/TECHNOLOGY/ENGINEERING/ART/MATH HANDS ON LEARNING FOCUSES ON SPARKING IMMAGINATION AND CREATIVITY THROUGH THE ARTS IN WAYS THAT NATURALLY ALIGN WITH STEAM LEARNING
CRAFT AND ARTS PROJECTS --PROVIDE DIFFERENT FORMS OF ART TO HAVE CHILDREN CREATE ART PROJECTS, BOTH INDIVIDUALLY AND AS A GROUP.
LEARNING CENTERS WITH KEY ACTIVITIES -- LEARN AND PRACTICE LANGUAGE ACTIVITIES, BOOKS, LITERACY DEVELOPMENT, SORTING /PATTERNS/MATH CONCEPTS, ALL KINDS OF BLOCKS IN DRAMATIC PLAY, PUPPET SHOW, PUZZLES, COOKING AND SCIENCE EXPERIMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nicole Lee President | OfficerTrustee | 40 | $19,340 |
Ronniecia R Oaks Teacher | Officer | 40 | $18,500 |
Kyong O Lee Teacher | Officer | 20 | $14,360 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $207,482 |
Investment income | $0 |
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 | $207,482 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $52,200 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $21,701 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,932 |
Fees for services: Management | $21,950 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,350 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $6,800 |
Office expenses | $13,301 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $30,484 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,671 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,724 |
Insurance | $5,168 |
All other expenses | $0 |
Total functional expenses | $195,890 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,493 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $16,013 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $320 |
Other assets | $0 |
Total assets | $25,826 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $2,195 |
Total liabilities | $2,195 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $23,631 |
Total liabilities and net assets/fund balances | $25,826 |