Multicultural Learning Center
- Assets
- $12.0m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 105
- Location
- Canoga Park, CA
- Founding
- 04/2000
- Data as of
- 06/2023
- EIN
- 95-4769401
Organization Overview
Multicultural Learning Center is located in Canoga Park, CA. The organization was established in 2000. 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, Multicultural Learning Center employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Multicultural Learning Center 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, Multicultural Learning Center generated $9.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $9.5m during the year ending 06/2023. While expenses have increased by 10.2% 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 PUBLIC CHARTER SCHOOL SUPPORTING A DIVERSE COMMUNITY OF LEARNERS IN GRADES K-8.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATES A PUBLIC CHARTER ELEMENTARY AND MIDDLE SCHOOL SPONSORED BY THE LOS ANGELES UNIFIED SCHOOL DISTRICT. DURING THE FISCAL YEAR, THE SCHOOL SERVED APPROXIMATELY 474 STUDENTS AND OFFERED 177 DAYS OF INSTRUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Dacumos Board Chair | OfficerTrustee | 1 | $0 |
Sylvia Griffin CFO | OfficerTrustee | 1 | $0 |
Rika Meyer Secretary | OfficerTrustee | 1 | $0 |
Stephanie Diaz Member | Trustee | 1 | $0 |
Anthony Bautista Member | Trustee | 1 | $0 |
Miguel Flores Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,627,089 |
| All other contributions, gifts, grants, and similar amounts not included above | $37,588 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,664,677 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $9,762,492 |
| 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. | $264,169 |
| Compensation of current officers, directors, key employees. | $79,251 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,693,667 |
| Pension plan accruals and contributions | $689,726 |
| Other employee benefits | $313,437 |
| Payroll taxes | $190,500 |
| Fees for services: Management | $4,125 |
| Fees for services: Legal | $83,631 |
| Fees for services: Accounting | $44,151 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,095,310 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,060,098 |
| Travel | $22,354 |
| 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 | $159,546 |
| Insurance | $102,563 |
| All other expenses | $0 |
| Total functional expenses | $9,471,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,181,783 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,695,206 |
| 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 | $103,004 |
| Net Land, buildings, and equipment | $299,591 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,745,423 |
| Total assets | $12,025,007 |
| Accounts payable and accrued expenses | $1,126,166 |
| Grants payable | $0 |
| Deferred revenue | $1,167,710 |
| 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 | $6,911,198 |
| Total liabilities | $9,205,074 |
| Net assets without donor restrictions | $2,763,339 |
| Net assets with donor restrictions | $56,594 |
| 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 | $12,025,007 |