Crestview Preparatory School is located in La Canada Flintridge, CA. The organization was established in 1986. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Crestview Preparatory School employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crestview Preparatory 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 06/2023, Crestview Preparatory School generated $6.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $5.9m during the year ending 06/2023. While expenses have increased by 5.5% 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
A COEDUCATIONAL DAY SCHOOL PROVIDING EDUCATION FOR STUDENTS FROM K-6 GRADES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDED AN ENHANCED ACADEMIC PROGRAM TO 198 STUDENTS IN TRANSITIONAL-KINDERGARTEN THROUGH 6TH GRADE. A TOTAL OF 30 STUDENTS GRADUATED TO MATRICULATE AT A VARIETY OF CHALLENGING COLLEGE PREPARATORY SCHOOLS IN THE GREATER PASADENA AND LOS ANGELES AREAS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Baudelia Taylor Head Of School, President | OfficerTrustee | 40 | $232,231 |
Katie Lopez Board Chair | OfficerTrustee | 5 | $0 |
Bonnie Wongtrakool Finance Chair/treasurer | OfficerTrustee | 1 | $0 |
Devin Agran Trustee | Trustee | 1 | $0 |
Rasheda Carrol Trustee | Trustee | 1 | $0 |
Tuba Diken Trustee | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $96,706 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $634,855 |
| Noncash contributions included in lines 1a–1f | $2,308 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $731,561 |
| Total Program Service Revenue | $5,178,168 |
| Investment income | $38,177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $155,673 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,103,579 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $769,740 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $328,091 |
| Compensation of current officers, directors, key employees. | $196,824 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,585,393 |
| Pension plan accruals and contributions | $122,848 |
| Other employee benefits | $185,824 |
| Payroll taxes | $222,907 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,750 |
| Fees for services: Accounting | $34,185 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,156 |
| Advertising and promotion | $0 |
| Office expenses | $92,651 |
| Information technology | $59,826 |
| Royalties | $0 |
| Occupancy | $554,842 |
| 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 | $184,525 |
| Insurance | $69,037 |
| All other expenses | $50,612 |
| Total functional expenses | $5,892,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,041,775 |
| Savings and temporary cash investments | $1,779,226 |
| Pledges and grants receivable | $42,525 |
| Accounts receivable, net | $3,430,889 |
| 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 | $20,007 |
| Net Land, buildings, and equipment | $353,763 |
| Investments—publicly traded securities | $959,453 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,473,551 |
| Total assets | $10,101,189 |
| Accounts payable and accrued expenses | $242,499 |
| Grants payable | $0 |
| Deferred revenue | $4,754,388 |
| 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 | $1,494,630 |
| Total liabilities | $6,491,517 |
| Net assets without donor restrictions | $3,406,243 |
| Net assets with donor restrictions | $203,429 |
| 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 | $10,101,189 |