Guild Law School
- Assets
- $647.9k
- Revenue
- $92.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Los Angeles, CA
- Founding
- 07/1977
- Data as of
- 08/2022
- EIN
- 95-2901087
Organization Overview
Guild Law School, operating under the name Peoples College Of Law, is located in Los Angeles, CA. The organization was established in 1977. As of 08/2022, Peoples College Of Law employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peoples College Of Law 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 08/2022, Peoples College Of Law generated $92.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $141.0k during the year ending 08/2022. 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
PROVIDE AN AFFORDABLE LEGAL EDUCATION TO ANYONE WHO MEETS THE CRITERIA OF THE CALIFORNIA STATE BOARD OF EXAMINERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A HIGHLY QUALIFIED FACULTY AND UP TO DATE STUDY ENVIRONMENT FOR A LEGAL EDUCATION, LICENSED AND RECOGNIZED BY THE STATE BAR OF CALIFORNIA. STUDENTS WHO GRADUATE HAVE A JURIS DOCTOR DEGREE AND QUALIFY TO TAKE THE CALIFORNIA STATE BAR EXAMINATION. TUITION IS AFFORDABLE AND A STUDENT CAN CONTRIBUTE WORK HOURS TO OFFSET A PORTION OF THE TUITION.
PROVIDE ADMINISTRATION OF STUDENT RECORDS, STATE AGENCY COMPLIANCE REQUIREMENTS, MAINTENANCE, OF BUILDING AND ADMINISTRATIVE SUPPORT FOR VOLUNTEER INSTRUCTORS.
PROVIDE OUTREACH TO STUDENT COMMUNITY AND RECOGNITION OF SUPPORTERS, ALUMNI AND VOLUNTEER INSTRUCTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hector C Pena Ramirez President | Officer | 0 | $0 |
Kenny Goni Vice President | Officer | 0 | $0 |
David Bouffard Treasurer | Officer | 0 | $0 |
Prem Sarin Secretary | Officer | 0 | $0 |
Juan Manuel Sarinana Dean | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,279 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,279 |
| Total Program Service Revenue | $72,786 |
| Investment income | $9 |
| 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 | $92,074 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,664 |
| Pension plan accruals and contributions | $231 |
| Other employee benefits | $0 |
| Payroll taxes | $4,681 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,767 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,528 |
| Information technology | $5,934 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $16,594 |
| All other expenses | $46,555 |
| Total functional expenses | $141,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,727 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $554,186 |
| Total assets | $647,913 |
| 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 | $5,926 |
| Total liabilities | $5,926 |
| Net assets without donor restrictions | $641,987 |
| 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 | $647,913 |