Sierra Canyon High School Foundation
- Assets
- $85.8m
- Revenue
- $49.0m
- Investments
- $0.0
- Employees
- 346
- Location
- Chatsworth, CA
- Founding
- 02/2001
- Data as of
- 08/2021
- EIN
- 95-4823704
Organization Overview
Sierra Canyon High School Foundation is located in Chatsworth, CA. The organization was established in 2001. 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 08/2021, Sierra Canyon High School Foundation employed 346 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sierra Canyon High School Foundation 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 08/2021, Sierra Canyon High School Foundation generated $49.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $44.2m during the year ending 08/2021. While expenses have increased by 4.1% 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
TO PROVIDE ELEMENTARY THROUGH HIGH SCHOOL EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCATED IN CHATSWORTH, CALIFORNIA, THE FOUNDATION RUNS A PRIVATE SCHOOL PROVIDING EDUCATION TO STUDENTS FROM EARLY KINDERGARTEN TO 12TH GRADE. INCOME IS DERIVED FROM TUITION, FEES, CONTRIBUTIONS, AND FUNDRAISING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Skrumbis President & CEO | OfficerTrustee | 40 | $370,975 |
Richard Shapiro Trustee/cfo | OfficerTrustee | 10 | $215,964 |
Deborah Monroe Associate Head Of School | 40 | $182,388 | |
Tom Keller Director Of Studies | 40 | $163,304 | |
Thomas Perry Director Upper School | 40 | $162,879 | |
Jason S Miller Director Of Operations | 40 | $154,034 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $112,125 |
| Related organizations | $0 |
| Government grants | $3,139,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,439,215 |
| Noncash contributions included in lines 1a–1f | $73,505 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,691,240 |
| Total Program Service Revenue | $44,313,132 |
| Investment income | $1,758 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$15,456 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $48,990,674 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,410,978 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,015,233 |
| Compensation of current officers, directors, key employees. | $512,590 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,428,959 |
| Pension plan accruals and contributions | $552,046 |
| Other employee benefits | $4,062,836 |
| Payroll taxes | $1,175,569 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105,036 |
| Fees for services: Accounting | $64,140 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $318 |
| Advertising and promotion | $31,779 |
| Office expenses | $126,650 |
| Information technology | $321,843 |
| Royalties | $0 |
| Occupancy | $55,885 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,022,056 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,536,531 |
| Insurance | $637,435 |
| All other expenses | $5,335,690 |
| Total functional expenses | $44,225,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,969,374 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $408,561 |
| 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 | $1,062,863 |
| Net Land, buildings, and equipment | $64,763,377 |
| Investments—publicly traded securities | $1,687,465 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,432,641 |
| Other assets | $2,450,086 |
| Total assets | $85,774,367 |
| Accounts payable and accrued expenses | $2,918,267 |
| Grants payable | $0 |
| Deferred revenue | $22,880,337 |
| Tax-exempt bond liabilities | $43,637,425 |
| Escrow or custodial account liability | $10,227 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $252,517 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $69,698,773 |
| Net assets without donor restrictions | $16,040,594 |
| Net assets with donor restrictions | $35,000 |
| 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 | $85,774,367 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Sierra Canyon High School Foundation has recieved totaling $129,015.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $37,500 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: EDUCATION | $25,349 |
Tellis Family Foundation Encino, CA PURPOSE: TO FUND EXEMPT PURPOSE ACTIVITY | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $14,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,142 |
National Football League Foundation New York, NY PURPOSE: NFL PLAYER MATCHING YOUTH/HIGH SCHOOL FOOTBALL GRANTS | $10,000 |
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 |