Laguna Blanca School
- Assets
- $39.3m
- Revenue
- $17.1m
- Investments
- $0.0
- Employees
- 174
- Location
- Santa Barbara, CA
- Founding
- 05/1941
- Data as of
- 06/2021
- EIN
- 95-1641448
Organization Overview
Laguna Blanca School is located in Santa Barbara, CA. The organization was established in 1941. 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 06/2021, Laguna Blanca School employed 174 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laguna Blanca 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 06/2021, Laguna Blanca School generated $17.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $15.0m during the year ending 06/2021. While expenses have increased by 3.1% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAINTAIN A KINDERGARTEN, PRIMARY, SECONDARY, AND COLLEGE PREPARATORY SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN A KINDERGARTEN, PRIMARY, SECONDARY, AND COLLEGE PREPARATORY SCHOOL FOR BOYS AND GIRLS, AND TO INSTRUCT, DISCIPLINE, TRAIN, AND EDUCATE IN ALL STUDIES.
MAINTAIN A KINDERGARTEN, PRIMARY, SECONDARY, AND COLLEGE PREPARATORY SCHOOL FOR BOYS AND GIRLS, AND TO INSTRUCT, DISCIPLINE, TRAIN, AND EDUCATE IN ALL STUDIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Hereford Head Of School | Officer | 40 | $292,802 |
Michael Neff Director Of Finance | 40 | $202,085 | |
James Surber Head Of Lower School | 40 | $147,177 | |
Shane Lopes Head Of Middle School | 40 | $128,427 | |
Joyce Balak Director Of Admissions | 40 | $126,349 | |
Amber Ortiz Treasurer | OfficerTrustee | 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 | $3,194,048 |
| Noncash contributions included in lines 1a–1f | $384,893 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,194,048 |
| Total Program Service Revenue | $12,363,323 |
| Investment income | $116,963 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,141 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,127,071 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,152,385 |
| 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 | $7,461,057 |
| Pension plan accruals and contributions | $337,025 |
| Other employee benefits | $620,091 |
| Payroll taxes | $543,469 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,294 |
| Fees for services: Accounting | $53,093 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $128,609 |
| Advertising and promotion | $91,094 |
| Office expenses | $746,469 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,335,964 |
| Travel | $1,765 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,760 |
| Interest | $61,756 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $882,930 |
| Insurance | $45,454 |
| All other expenses | $0 |
| Total functional expenses | $14,973,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,848,841 |
| Pledges and grants receivable | $2,712,917 |
| Accounts receivable, net | $6,102,590 |
| 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 | $137,591 |
| Net Land, buildings, and equipment | $18,903,078 |
| Investments—publicly traded securities | $7,479,903 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $76,036 |
| Total assets | $39,260,956 |
| Accounts payable and accrued expenses | $1,353,350 |
| Grants payable | $0 |
| Deferred revenue | $13,779,616 |
| 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 | $5,725,892 |
| Other liabilities | $0 |
| Total liabilities | $20,858,858 |
| Net assets without donor restrictions | $8,111,172 |
| Net assets with donor restrictions | $10,290,926 |
| 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 | $39,260,956 |
Grants Recieved
Over the last fiscal year, we have identified 25 grants that Laguna Blanca School has recieved totaling $1,545,573.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $500,000 |
The Zegar Family Foundation New York, NY PURPOSE: GENERAL PURPOSE CONTRIBUTION | $250,000 |
Elaine F Stepanek Foundation Milwaukee, WI PURPOSE: GENERAL OPERATING | $250,000 |
G A Fowler Family Foundation Irvine, CA PURPOSE: PROMOTING EDUCATION | $100,500 |
Santa Barbara Foundation Santa Barbara, CA PURPOSE: EDUCATIONAL INSTITUTIONS | $93,400 |
W W W Foundation South Pasadena, CA PURPOSE: GENERAL OPERATING SUPPORT | $75,000 |
Endowment Analysis
| Beg. Balance | $6,056,883 |
| Earnings | $1,132,630 |
| Net Contributions | $395,100 |
| Other Expense | $104,710 |
| Ending Balance | $7,479,903 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Francis Parker School San Diego, CA | $194,908,820 | $57,687,551 |
La Jolla Country Day School La Jolla, CA | $114,865,046 | $46,001,052 |
Sierra Canyon High School Foundation Chatsworth, CA | $85,774,367 | $48,990,674 |
Mid-Pacific Institute Honolulu, HI | $101,803,937 | $45,053,597 |
St Margaret Of Scotland Episcopal School San Juan Capistrano, CA | $134,064,500 | $40,914,385 |
Polytechnic School Pasadena, CA | $171,943,339 | $44,872,252 |
Robert Louis Stevenson School Pebble Beach, CA | $122,648,077 | $40,501,209 |
Head-Royce School Oakland, CA | $139,836,677 | $50,710,547 |
Leman Academy Of Excellence Inc Tucson, AZ | $127,912,652 | $38,356,100 |
San Domenico School San Anselmo, CA | $70,945,076 | $41,031,926 |
Alexander Dawson Foundation Las Vegas, NV | $318,582,392 | $50,508,481 |
Buckley School Sherman Oaks, CA | $161,147,758 | $37,463,452 |