Creative Center Of Los Altos
- Assets
- $170.8m
- Revenue
- $50.2m
- Investments
- $19.4m
- Employees
- 368
- Location
- Los Altos, CA
- Founding
- 10/1964
- Data as of
- 06/2022
- EIN
- 94-1527492
Organization Overview
Creative Center Of Los Altos, operating under the name Pinewood And Oakwood School, is located in Los Altos, CA. The organization was established in 1964. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Pinewood And Oakwood School employed 368 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pinewood And Oakwood School 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, Pinewood And Oakwood School generated $50.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $42.8m during the year ending 06/2022. While expenses have increased by 6.8% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
INDEPENDENT SCHOOLS SERVING GRADES K-12 WITH APPROXIMATELY 1,217 STUDENTS.
Describe the Organization's Program Activity:
OPERATION OF FULL TIME ELEMENTARY, MIDDLE, AND HIGH SCHOOLS, WITH APPROXIMATELY 1,217 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Riches President | OfficerTrustee | 65 | $458,007 |
Michelle Helvey Head Of School, Oakwood | Officer | 65 | $412,298 |
Gabriel D Lemmon Pinewood Principal, 7-12 | 55 | $234,380 | |
Julie Schilling Pinewood Director Of Finan | 55 | $231,186 | |
Ayesha Masud Pinewood Director Of Development | 55 | $209,480 | |
Sarah Haun Pinewood Principal, 3-6 | 55 | $189,445 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Epicurean Group Lunch Provider | 6/29/22 | $150,608 |
Synergi Partners Inc Consulting (Ertc Claim Support) | 6/29/22 | $176,894 |
Anago Of Northern California Campus Cleaning Services | 6/29/22 | $258,555 |
Hines Building Maintenance Facilities Maintenance & Janitorial | 6/29/22 | $587,113 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $605,199 |
| Related organizations | $0 |
| Government grants | $2,215,214 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,042,036 |
| Noncash contributions included in lines 1a–1f | $228,632 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,862,449 |
| Total Program Service Revenue | $42,427,257 |
| Investment income | $984,360 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $125,749 |
| Net Gain/Loss on Asset Sales | $853,586 |
| Net Income from Fundraising Events | $240,206 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,231,203 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,638,453 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,130,420 |
| Compensation of current officers, directors, key employees. | $425,808 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,770,127 |
| Pension plan accruals and contributions | $829,294 |
| Other employee benefits | $2,795,998 |
| Payroll taxes | $1,401,282 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $63,386 |
| Fees for services: Accounting | $93,833 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $341,450 |
| Fees for services: Other | $234,150 |
| Advertising and promotion | $52,760 |
| Office expenses | $472,150 |
| Information technology | $141,065 |
| Royalties | $0 |
| Occupancy | $3,803,231 |
| Travel | $245,861 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,781,528 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,884,276 |
| Insurance | $202,723 |
| All other expenses | $0 |
| Total functional expenses | $42,847,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,638,901 |
| Savings and temporary cash investments | $4,612,439 |
| Pledges and grants receivable | $566,793 |
| Accounts receivable, net | $31,440,647 |
| 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 | $212,975 |
| Net Land, buildings, and equipment | $77,988,456 |
| Investments—publicly traded securities | $25,390,338 |
| Investments—other securities | $19,425,981 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,546,081 |
| Total assets | $170,822,611 |
| Accounts payable and accrued expenses | $2,372,328 |
| Grants payable | $0 |
| Deferred revenue | $40,637,725 |
| Tax-exempt bond liabilities | $44,009,018 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,000,000 |
| Unsecured mortgages and notes payable | $1,792 |
| Other liabilities | $0 |
| Total liabilities | $89,020,863 |
| Net assets without donor restrictions | $80,032,027 |
| Net assets with donor restrictions | $1,769,721 |
| 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 | $170,822,611 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Creative Center Of Los Altos has recieved totaling $835,378.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $580,253 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $130,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $42,500 |
Bright Funds Foundation San Jose, CA PURPOSE: GENERAL PURPOSE | $27,811 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $22,500 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Nueva School Hillsborough, CA | $241,559,050 | $66,364,688 |
Creative Center Of Los Altos Los Altos, CA | $170,822,611 | $50,231,203 |
Oakwood School North Hollywood, CA | $131,214,925 | $40,512,387 |
Wildwood School Inc Los Angeles, CA | $86,448,080 | $38,177,997 |
Classical Academy Incorporated Escondido, CA | $75,670,985 | $34,177,017 |
Paragon Management Surprise, AZ | $64,904,410 | $28,676,995 |
Harbor Day Endowment Corporation Corona del Mar, CA | $29,496,561 | $8,033,762 |
Center For Early Education West Hollywood, CA | $163,132,439 | $27,283,122 |
Santa Fe Christian Schools Solana Beach, CA | $72,145,924 | $27,955,484 |
Phoenix Country Day School Paradise Valley, AZ | $77,907,724 | $28,726,427 |
Tarbut Vtorah Community Day School Irvine, CA | $104,560,863 | $24,620,400 |
Westside Neighborhood School Los Angeles, CA | $23,646,249 | $23,017,600 |