Sumanda INC EIN 30-0160857

Sumanda INC

EIN  30-0160857 Public charity (501(c)(3)) Los Angeles, CA
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Size
<$100K
What they do
Operates a preschool for children.
Leadership
Susan B Leonard · Executive Director/Preside
Money in and out
$20K revenue, $24K expenses
Bottom line
40% program efficiency

Operates a preschool for children. For fiscal year 2024 it reported $20K in revenue, $24K in expenses, and $-382K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$20K
Pt VIII · Ln 12
Total expenses
$24K
Pt IX · Ln 25
Net assets
$-382K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$4K
Where spending went · Part IX cols B–D
Program services $0.40 Management & general $0.60
Program efficiency
40%
of spending reaches programs▼ -56% vs prior filing year
Surplus margin
-22%
revenue over expenses, this year▲ +36% vs prior filing year
Revenue trend
-58%
avg. annual growth over 5 years

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$20K
FY2024▼ -93%
Expenses
$24K
FY2024▼ -93%
Total assets
$220K
FY2024▼ -4%
Total liabilities
$603K
FY2024▼ -1%
Total revenue
$20K
Pt VIII · Ln 12
Total expenses
$24K
Pt IX · Ln 25
Net assets
$-382K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$4K
Total assetsPt X · Ln 16$220K
Program-expense ratioPt IX · col B40%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $10K of program spending, described in the organization's own filed words · FY2024.
01

Programs Include

Toddler groups; transition groups for 2-YEAR-OLDS; preschool classes; extended daycare; parent education

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSumanda INC
EINHdr · item D30-0160857
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jwww.akidsplacela.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFSep 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director/Preside
$0Pt VII · Sec A
Director/Teacher
$0Pt VII · Sec A
Secretary/Chief Financial
$0Pt VII · Sec A

James M Leonard’s $3K as Secretary/Chief Financial is at the 10th percentile of top reported officer pay among 113 <$100K youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Susan B Leonard$29,400$73,500$67,620
Amanda K Leonard$69,360$69,360$69,360
Adrianne B Schumer$48,520$48,905$41,054
James M Leonard$3,000$6,000$6,000$6,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$11K · 58%
Investment income$8K · 42%
Contributions & grants58%$11K
Investment income42%$8K
— government grantsLn 1e$5K
Total revenueLn 12$20K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.40 Management & general $0.60
Program services40%$10K
Management & general60%$14K
Total functional expensesLn 25$24K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$220K
Total liabilitiesLn 26$603K
Total net assetsLn 32$-382K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $24K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $10K · Total expenses $24K
40%
Management & General
Management & general $14K · Total expenses $24K
60%
Fundraising
Fundraising $0 · Total expenses $24K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $24K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $11K · Total revenue $20K
58%
Government reliance
Government grants $5K · Total revenue $20K
23%
Earned-income share
Program service revenue $0 · Total revenue $20K
0%
Investment reliance
Investment income $8K · Total revenue $20K
+42%
Program self-sufficiency
Program service revenue $0 · Total expenses $24K
0%
Growth & trend
Revenue growth (YoY)
This year $20K · Prior year $271K
-93%
Revenue CAGR
FY2020 $605K · FY2024 $20K
-58%
Net-asset trend (YoY)
End of year $-382K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $20K · Expenses $24K
-22%
Liabilities-to-Assets
Total liabilities — · Total assets $220K
Net-asset ratio
Net assets $-382K · Total assets $220K
-174%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $220K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Susan B Leonard · Reported title EXECUTIVE DIRECTOR/PRESIDE · Highest reported compensation $0 · Total expenses $24K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $24K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 40%
Overhead ratio 60%
Fundraising cost ratio 0%
Revenue growth -93%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$45

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$20K revenue · viewing · ⤓ 990 PDF
FY2023$271K revenue · ⤓ 990 PDF
FY2022$717K revenue · ⤓ 990 PDF
FY2021$783K revenue · ⤓ 990 PDF
FY2020$605K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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