Ofl Capistrano Inc
- Assets
- $4.6m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 76
- Location
- Pasadena, CA
- Founding
- 09/2019
- Data as of
- 06/2022
- EIN
- 83-3695152
Organization Overview
Ofl Capistrano Inc is located in Pasadena, CA. The organization was established in 2019. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Ofl Capistrano Inc employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ofl Capistrano 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 06/2022, Ofl Capistrano Inc generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (37.4%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (35.6%) per year over the past 3 years. 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
OFFER STUDENTS A FLEXIBLE, PERSONALIZED APPROACH TO EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONNECT WITH STUDENTS TO EMPOWER AND INSPIRE THEM TO ACHIEVE THEIR GOALS AND MAKE THEIR DREAMS A REALITY. THE CHARTER SCHOOL PROVIDES INDEPENDENT STUDY PROGRAMS FOR INDIVIDUALS NOT ATTENDING TRADITIONAL SCHOOL. IN THE 2021-2022 SCHOOL YEAR, THE ORGANIZATION SERVED 95 STUDENTS IN GRADES 7 THROUGH 12.
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 |
|---|---|---|---|
Jocelyn Finn President | OfficerTrustee | 1 | $0 |
Beth Smyth Secretary | OfficerTrustee | 1 | $0 |
Kimberly Bailey Board Member | Trustee | 1 | $0 |
Jessica Boucher Principal | 40 | $143,906 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,168,323 |
| 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 | $2,168,323 |
| Total Program Service Revenue | $0 |
| 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 | $2,168,937 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $923,946 |
| Pension plan accruals and contributions | $29,693 |
| Other employee benefits | $93,920 |
| Payroll taxes | $86,709 |
| Fees for services: Management | $331,127 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $227,134 |
| Advertising and promotion | $29,117 |
| Office expenses | $33,554 |
| Information technology | $6,506 |
| Royalties | $0 |
| Occupancy | $210,511 |
| Travel | $5,731 |
| 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 | $66,275 |
| Insurance | $18,328 |
| All other expenses | $0 |
| Total functional expenses | $2,158,670 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,349,177 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $841,149 |
| 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 | $313,234 |
| Net Land, buildings, and equipment | $121,551 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,701 |
| Total assets | $4,643,812 |
| Accounts payable and accrued expenses | $1,801,111 |
| Grants payable | $0 |
| Deferred revenue | $421,444 |
| 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 | $2,222,555 |
| Net assets without donor restrictions | $2,421,257 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $4,643,812 |