Gifted And Talented Education
- Assets
- $492.5k
- Revenue
- $861.7k
- Investments
- $0.0
- Employees
- 55
- Location
- San Francisco, CA
- Founding
- Data as of
- 09/2023
- EIN
- 85-3282219
Organization Overview
Gifted And Talented Education is located in San Francisco, CA. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 09/2023, Gifted And Talented Education employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gifted And Talented Education 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 09/2023, Gifted And Talented Education generated $861.7k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $809.5k during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GATE OR GIFTED AND TALENTED EDUCATION STRIVES TO PROVIDE EXCELLENT CHORAL AND MUSIC EDUCATION TO YOUNG SINGERS IN GRADES K-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JUNE - AUGUST 2023 - SUMMERGATE PROVIDES FULL DAY SUMMER CLASSES FOR GRADES K-8 RUNNING MONDAY-FRIDAY FROM 8:45-4:45 DAILY, WITH THE OPTION OF BEFORE CARE AND AFTER CARE.SUMMERGATE SUPPORTS BETWEEN 150-200 STUDENTS OVER THE COURSE OF A 3-WEEK SESSION. INADDITION TO THE DIRECTOR AND OFFICE CLERK, THERE ARE 45 TEACHERS AND 20 VOLUNTEERS.
OCTOBER 2022 - MAY 2023: SAN FRANCISCO YOUTH CHORUS PROVIDES WEEKLY CHORAL REHEARSALS ON TUESDAYS, WEDNESDAYS AND THURSDAYS, SERVING BETWEEN 10-30 SINGERS PER CHORAL GROUP.CHORUS LEVELS ARE SPLIT BY GRADE: K-1, 2-3, 3-5 AND 6TH-12TH GRADE. SINGERS PREPARE FOR 3-4 CONCERTS EACH TERM. IN ADDITION TO THE DIRECTOR, THERE ARE 4 OTHER INSTRUCTORS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Gerber Director | Trustee | 60 | $111,967 |
Madison Smith Vice President | Officer | 5 | $0 |
Justin Marsh Secretary | Officer | 5 | $0 |
Financial Statements
| 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 | $8,342 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,342 |
| Total Program Service Revenue | $853,369 |
| 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 | $861,711 |
| 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. | $111,967 |
| Compensation of current officers, directors, key employees. | $22,393 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $339,303 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $44,155 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,493 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,965 |
| Advertising and promotion | $3,666 |
| Office expenses | $56,475 |
| Information technology | $4,351 |
| Royalties | $0 |
| Occupancy | $53,466 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $10,762 |
| All other expenses | $16,055 |
| Total functional expenses | $809,451 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,182 |
| Savings and temporary cash investments | $480,310 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $492,492 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $492,492 |
| Total liabilities and net assets/fund balances | $492,492 |