Prospect Sierra School
- Assets
- $31.0m
- Revenue
- $17.9m
- Investments
- $0.0
- Employees
- 157
- Location
- El Cerrito, CA
- Founding
- 02/1998
- Data as of
- 06/2022
- EIN
- 94-2940144
Organization Overview
Prospect Sierra School is located in El Cerrito, CA. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2022, Prospect Sierra School employed 157 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prospect Sierra 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, Prospect Sierra School generated $17.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $16.7m during the year ending 06/2022. While expenses have increased by 3.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE CHILDREN IN GRADES TRANSITIONAL KINDERGARTEN - 8TH. PROSPECT SIERRA COMBINES IMPACTFUL ACADEMIC EXPERIENCES WITH A KEEN UNDERSTANDING OF HUMAN EMOTIONS TO HELP SHAPE THE WORLD'S COMPASSIONATE FUTURE LEADERS. PROSPECT SIERRA INSPIRES AND EQUIPS STUDENTS TO CREATE A MORE INCLUSIVE AND JUST WORLD THROUGH DEEP AND MEANINGFUL INTELLECTUAL ENGAGEMENT, SELF-KNOWLEDGE, AND CARE FOR THE OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATION FOR SCHOOL AGE CHILDREN IN GRADES TRANSITIONAL KINDERGARTEN THROUGH 8TH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Delphine Sherman Treasurer | OfficerTrustee | 1.5 | $0 |
Kate Deyoe Trustee | Trustee | 0.7 | $0 |
Andrew Dreskin Trustee | Trustee | 0.7 | $0 |
Yohance Edwards Trustee | Trustee | 0.7 | $0 |
Nathalio Gray Trustee | Trustee | 0.7 | $0 |
Emily Bruce Trustee | Trustee | 0.7 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dany's Limo Student Transportation | 6/29/22 | $159,926 |
Concar Industries Llc Janitorial | 6/29/22 | $291,942 |
Amsnet Technology/cloud Services | 6/29/22 | $199,536 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $570,406 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,219,071 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,789,477 |
| Total Program Service Revenue | $15,671,028 |
| Investment income | $163,707 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,264 |
| Net Gain/Loss on Asset Sales | $44,644 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,876,321 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,292,323 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,300,521 |
| Compensation of current officers, directors, key employees. | $1,150,698 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,513,186 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,440,391 |
| Payroll taxes | $634,512 |
| Fees for services: Management | $0 |
| 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 | $619,154 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $389,752 |
| Royalties | $0 |
| Occupancy | $238,423 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $335,873 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $818,368 |
| Insurance | $151,352 |
| All other expenses | $406,790 |
| Total functional expenses | $16,745,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,549,515 |
| Savings and temporary cash investments | $902,243 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,786 |
| 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 | $541,362 |
| Net Land, buildings, and equipment | $10,750,690 |
| Investments—publicly traded securities | $9,248,845 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,963,526 |
| Total assets | $31,031,967 |
| Accounts payable and accrued expenses | $1,052,707 |
| Grants payable | $0 |
| Deferred revenue | $5,471,140 |
| 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 | $11,872,719 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,396,566 |
| Net assets without donor restrictions | $9,763,458 |
| Net assets with donor restrictions | $2,871,943 |
| 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 | $31,031,967 |