Soto Academy is located in Honolulu, HI. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 08/2024, Soto Academy employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soto 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 08/2024, Soto Academy generated $417.2k in total revenue. All expenses for the organization totaled $435.4k during the year ending 08/2024.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
SOTO ACADEMY IS DEDICATED TO DEVELOPING GOOD CITIZENS AND ACADEMIC PROFICIENCY THROUGH CHARACTER AND PHYSICAL DEVELOPMENT. WE HELP STUDENTS DEVELOP TO THEIR FULL POTENTIAL SOCIALLY, MENTALLY AND PHYSICALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOTO ACADEMY IS A NON-DENOMINATIONAL PRIVATE SCHOOL FOR STUDENTS IN KINDERGARTEN THROUGH 6TH GRADE DEDICATED TO DEVELOPING GOOD CITIZENS WITH: A STRONG ACADEMIC FOUNDATION. A HEALTHY SENSE OF SELF-WORTH AND PRIDE IN ACCOMPLISHMENT. SELF-DISCIPLINE, INDEPENDENCE, CREATIVE THINKING, AND GOOD WORK HABITSNEEDED TO BECOME A SUCCESSFUL STUDENT AND CONTRIBUTING MEMBER OF THE COMMUNITY. WITH NO MORE THAN 12 CHILDREN IN EACH CLASSROOM, STUDENTS RECEIVE INDIVIDUALIZED SUPPORT IN THEIR ACADEMICS AND IN SPECIALTY PROGRAMS SUCH AS TECHNOLOGY, CULTURE, AND THE ARTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrea Deutsch President | OfficerTrustee | 10 | $0 |
Jason Hino Treasurer | OfficerTrustee | 10 | $0 |
Keri Rivera Secretary | OfficerTrustee | 10 | $0 |
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 | $63,287 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $63,287 |
Total Program Service Revenue | $335,334 |
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 | $7,765 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $417,215 |
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 | $306,430 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $18,663 |
Payroll taxes | $23,464 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,510 |
Fees for services: Accounting | $1,228 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,891 |
Advertising and promotion | $692 |
Office expenses | $8,173 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $52,077 |
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 | $8,154 |
All other expenses | $10,159 |
Total functional expenses | $435,441 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
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 | $0 |
Total liabilities and net assets/fund balances | $0 |