Project Grad Los Angeles Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 23
- Location
- Van Nuys, CA
- Founding
- 04/1999
- Data as of
- 06/2021
- EIN
- 95-4724314
Organization Overview
Project Grad Los Angeles Inc is located in Van Nuys, CA. The organization was established in 1999. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Project Grad Los Angeles Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Grad Los Angeles 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 06/2021, Project Grad Los Angeles Inc generated $6.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (66.2%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENSURE STUDENTS IN HISTORICALLY UNDERSERVED COMMUNITIES HAVE ACCESS TO AN ENRICHED, QUALITY PUBLIC SCHOOL EDUCATION, GRADUATE FROM HIGH SCHOOL AND GO ON PREPARED TO COMPLETE COLLEGE.
Describe the Organization's Program Activity:
Part 3
COLLEGE READINESS - SITE-BASED DIRECT SERVICES TO STUDENTS AND FAMILIES AT THE HIGH SCHOOL LEVEL DESIGNED TO IMPROVE ACADEMIC PERFORMANCE, INCREASE SOCIAL AND EMOTIONAL COMPETENCIES AND ENGAGE THE ENTIRE FAMILY IN COLLEGE SUCCESS.
COLLEGE SUCCESS / SCHOLARSHIPS - NEEDS BASED SCHOLARSHIPS OF $2,000 TO $6,000 TO STUDENTS WHO MEET RIGOROUS PROGRAM CRITERIA.
PROGRAM EVALUATION - STUDENT-LEVEL DATABASE TO TRACK MULTIPLE INDICATORS INCLUDING K-16 STUDENT ACADEMIC PROGRESS AND COMPLETTION / PERSISTENCY RATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Diaz-Aszkenazy Chair | 3 | $0 | |
Steven Contreraz Treasurer | 3 | $0 | |
Olga DE Jesus Varga Secretary | 3 | $0 | |
Ford Roosevelt President & CEO | 40 | $137,092 | |
Dan Chernow Director | 3 | $0 | |
Salvador Director | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lausd Teachers,tutors,coordinators | 6/29/16 | $308,250 |
The Princeton Review Test Preparation Services | 6/29/16 | $154,174 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,683 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,698 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $373,759 |
| Professional fees and other payments to independent contractors | $10,354 |
| Occupancy, rent, utilities, and maintenance | $8,100 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,014 |
| Total expenses | $1,055,542 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |