Buckley School
- Assets
- $161.1m
- Revenue
- $37.5m
- Investments
- $39.5m
- Employees
- 226
- Location
- Sherman Oaks, CA
- Founding
- 05/1954
- Data as of
- 07/2021
- EIN
- 95-1750023
Organization Overview
Buckley School is located in Sherman Oaks, CA. The organization was established in 1954. 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 07/2021, Buckley School employed 226 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buckley 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 07/2021, Buckley School generated $37.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $37.6m during the year ending 07/2021. While expenses have increased by 2.3% 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
THE ORGANIZATION IS AN INDEPENDENT CO-EDUCATIONAL, COLLEGE PREPARATORY DAY SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL IS SITUATED ON A NINETEEN ACRE CAMPUS IN A RESIDENTIAL SECTION OF SANTA MONICA MOUNTAINS, A SETTING OF NATURAL BEAUTY WITH ACCESS TO THE CULTURAL AND EDUCATIONAL RESOURCES OF THE LOS ANGELES METROPOLITAN AREA. WITH AN ENROLLMENT OF APPROXIMATELY 830 STUDENTS IN KINDERGARTEN THROUGH GRADE TWELVE, THE SCHOOL SEEKS TO ATTRACT STUDENTS WHO REFLECT THE ETHNIC DIVERSITY OF LOS ANGELES.BUCKLEY'S PHILOSOPHY, THE 4-FOLD PLAN OF EDUCATION, COMBINES THE PRINCIPLES OF WHOLE-CHILD EDUCATION - A DEEPLY INTER-CONNECTED PROGRAM OF ACADEMICS, THE ARTS, PHYSICAL DEVELOPMENT, AND MORAL EDUCATION. CURIOSITY, CRITICAL THINKING, AND CREATIVITY ARE ENCOURAGED AND PROMOTED. WE BELIEVE THAT STUDENTS' BEST WORK -- IN THE CLASSROOM, IN THE ARTS, AND ON THE FIELD, CAN ONLY BE REALIZED THROUGH SELF-EXPRESSION AND RESILIENCE WITHIN AN INTENTIONAL PROGRAM.OUR LOWER SCHOOL BLENDS TRADITION AND STRUCTURE WITH PROGRESSIVE METHODOLOGIES. OUR MIDDLE AND UPPER SCHOOL IS COLLEGE PREPARATORY, BASED ON A PRESCRIBED CURRICULUM THAT EVOLVES TO INCLUDE THE BEST OF CURRENT RESEARCH AND TEACHING METHODOLOGIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alona Hilary Scott Head Of School | Officer | 40 | $467,786 |
Elizabeth M Turchan Chief Financial Officer | Officer | 40 | $383,261 |
Michelle Wenker Schroth Director Of Advancement | 40 | $200,529 | |
Laurel Lucas Assistant Head Of School | 40 | $183,126 | |
Adrienne M Parsons Head Of Lower School | 40 | $181,085 | |
Susan D Sherman Teacher | 40 | $170,782 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tumbleweed Transportation Transportation | 7/30/21 | $387,917 |
Lee's Maintenance Service Janitorial | 7/30/21 | $250,263 |
Liebert Cassidy Whitmore Legal | 7/30/21 | $167,461 |
Freshlunches Food Service | 7/30/21 | $391,452 |
Ballard Rosenberg Golpar And Savitt Legal | 7/30/21 | $202,361 |
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 | $1,265,679 |
| Noncash contributions included in lines 1a–1f | $22,011 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,265,679 |
| Total Program Service Revenue | $35,908,653 |
| Investment income | $305,500 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$27,977 |
| 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 | $37,463,452 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,570,844 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,160,907 |
| Compensation of current officers, directors, key employees. | $630,927 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,496,488 |
| Pension plan accruals and contributions | $912,923 |
| Other employee benefits | $2,652,337 |
| Payroll taxes | $1,171,091 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $614,198 |
| Fees for services: Accounting | $50,107 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $211,757 |
| Fees for services: Other | $1,792,913 |
| Advertising and promotion | $0 |
| Office expenses | $1,386,690 |
| Information technology | $193,070 |
| Royalties | $0 |
| Occupancy | $602,523 |
| Travel | $16,448 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $194,751 |
| Interest | $963,880 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,264,126 |
| Insurance | $705,869 |
| All other expenses | $77,426 |
| Total functional expenses | $37,561,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $758,351 |
| Savings and temporary cash investments | $13,068,010 |
| Pledges and grants receivable | $151,724 |
| 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 | $967,571 |
| Net Land, buildings, and equipment | $86,759,851 |
| Investments—publicly traded securities | $19,914,744 |
| Investments—other securities | $39,527,507 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $161,147,758 |
| Accounts payable and accrued expenses | $4,859,999 |
| Grants payable | $0 |
| Deferred revenue | $22,593,088 |
| Tax-exempt bond liabilities | $35,918,377 |
| Escrow or custodial account liability | $292,643 |
| 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 | $63,664,107 |
| Net assets without donor restrictions | $87,843,181 |
| Net assets with donor restrictions | $9,640,470 |
| 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 | $161,147,758 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Buckley School has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
The Antonio V Glassberg Educational Foundation Teton Village, WY PURPOSE: TUITION GRANT | $2,500 |
Endowment Analysis
| Beg. Balance | $10,978,102 |
| Earnings | $2,391,490 |
| Net Contributions | $49,045 |
| Other Expense | $109,975 |
| Ending Balance | $13,308,662 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harvard-Westlake School Studio City, CA | $519,427,126 | $134,983,009 |
The Harker School San Jose, CA | $301,623,113 | $112,065,304 |
Taipei American School Foundation Los Angeles, CA | $200,440,067 | $84,912,591 |
Roessler-Chadwick Foundation Palos Verdes Peninsula, CA | $148,653,684 | $85,001,982 |
Antelope Valley Learning Academy Inc Valencia, CA | $39,011,789 | $89,911,071 |
Iolani School Honolulu, HI | $388,589,856 | $96,713,611 |
Valley Christian Schools San Jose, CA | $114,034,879 | $67,792,442 |
Crossroads School For Arts And Sciences Santa Monica, CA | $228,466,642 | $71,695,660 |
Pinecrest Academy Of Nevada Las Vegas, NV | $180,969,815 | $55,227,601 |
Brentwood School Los Angeles, CA | $181,845,528 | $61,517,128 |
Viewpoint Educational Foundation Calabasas, CA | $147,164,644 | $51,317,532 |
Francis Parker School San Diego, CA | $194,908,820 | $57,687,551 |