Keystone Adult Learning Center Inc
- Assets
- $901.7k
- Revenue
- $535.7k
- Investments
- $0.0
- Employees
- 10
- Location
- Pleasanton, CA
- Founding
- 07/1991
- Data as of
- 12/2023
- EIN
- 94-3131675
Organization Overview
Keystone Adult Learning Center Inc is located in Pleasanton, CA. The organization was established in 1991. According to its NTEE Classification (O40) the organization is classified as: Scouting, under the broad grouping of Youth Development and related organizations. As of 12/2023, Keystone Adult Learning Center Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keystone Adult Learning Center 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 12/2023, Keystone Adult Learning Center Inc generated $535.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $560.0k during the year ending 12/2023. While expenses have increased by 3.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
KEYSTONE ADULT LEARNING CENTER PROVIDES OPPORTUNITIES FOR DEVELOPMENTALLY DISABLED ADULTS TO LEAD MEANINGFUL AND ACTIVE LIVES WITHIN THE MAINSTREAM OF THE TRI-VALLEY COMMUNITY IN NORTHERN CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KEYSTONE ADULT LEARNING CENTER WAS ESTABLISHED ON SEPTEMBER 1, 1989. CHUCK AND CATHY VALENTE, PARENTS OF TWO DISABLED CHILDREN, RECOGNIZED A CRITICALLY IMPORTANT NEED IN EASTERN ALAMEDA COUNTY FOR SOCIAL SERVICES FOR ADULTS WITH SEVERE DEVELOPMENTAL DISABILITIES. THROUGH THEIR HARD WORK AND UNRELENTING VISION AND WITH THE HELP OF OTHER DEDICATED COMMUNITY MEMBERS, THE VALENTES RECEIVED A GRANT FROM THE CITIES OF LIVERMORE AND PLEASANTON TO ESTABLISH WHAT WOULD BECOME KEYSTONE ADULT LEARNING CENTER. KEYSTONE ADULT LEARNING CENTER IS AN ADULT DAY CARE FACILITY LICENSED BY THE CALIFORNIA STATE DEPARTMENT OF SOCIAL SERVICES AND A VENDORIZED AGENCY WITH THE REGIONAL CENTER OF THE EAST BAY.
KEYSTONE ADULT LEARNING CENTER PROVIDES A HIGHLY INDIVIDUALIZED, EDUCATIONAL PROGRAM FOR MULTI-HANDICAPPED, LOW-FUNCTIONING ADULTS BETWEEN THE AGES OF 22-55. THE CENTER PROVIDES RESPITE CARE, RECREATION AND SKILL DEVELOPMENT FOR ALL OF ITS STUDENTS. PROGRAMS ARE DESIGNED TO IMPROVE DAILY LIVING SKILLS AND RELIEVE AND SUPPORT FAMILIES AND CARE PROVIDERS. NON-AMBULATORY CLIENTS ARE ELIGIBLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Brum Exec Director | Officer | 40 | $88,501 |
Dave Hopkins President | OfficerTrustee | 4 | $0 |
Brian Gentry Vice President | OfficerTrustee | 2 | $0 |
Jerry Garcia Secretary | OfficerTrustee | 2 | $0 |
Esther Becker Treasurer | OfficerTrustee | 2 | $0 |
Barbara Slattery Director | Trustee | 2 | $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 | $7,526 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,526 |
| Total Program Service Revenue | $520,574 |
| Investment income | $7,632 |
| 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 | $535,732 |
| 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. | $87,616 |
| Compensation of current officers, directors, key employees. | $13,142 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $271,718 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,446 |
| Payroll taxes | $26,781 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,459 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $106 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,765 |
| 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 | $4,680 |
| Insurance | $11,652 |
| All other expenses | $2,624 |
| Total functional expenses | $560,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $257,961 |
| Savings and temporary cash investments | $432,960 |
| 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 | $8,968 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $201,779 |
| Total assets | $901,668 |
| 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 | $244,008 |
| Total liabilities | $244,008 |
| Net assets without donor restrictions | $657,660 |
| 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 | $901,668 |