Pomegranate Schools

Irvine, CA · Public charity (501(c)(3)) · Education

✓ Tax-deductible Latest data FY2022
Revenue
$309K
Spent
$327K
To programs
99%
Net assets
$7K

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Last filed FY2022 — 4 yrs ago
Foundation funders?
Not on file
Spent on programs?
99% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
Legal name (IRS)Hdr · item CPomegranate Schools
EINHdr · item D83-2223706
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 2021
Latest filingForm 990FY2022 · Form 990
Principal addressHdr · item CIrvine, CA
NTEE classificationIRS BMFEducation (B21)
WebsiteHdr · item Jwww.pomegranateschools.com

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$324K
Management & general1%$3K
Total functional expensesLn 25$327K

Financial health

Program efficiency
99%
of spending reaches programs
Operating runway
1.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue less expensesPt I · Ln 19−$18K
Total assetsPt X · Ln 16$44K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$44K
Total assetsLn 16$44K
Total liabilitiesLn 26$36K
Total net assetsLn 32$7K
Months of cash on handcomputed1.6

Statement of Revenue

Part VIII
Program service revenue$285K · 92%
Contributions & grants$24K · 8%
Program service revenue92%$285K
Contributions & grants8%$24K
Total revenueLn 12$309K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $44K · Operating expenses/yr $327K
1.6 months
Where the money goes
Program services
Program services $324K · Total expenses $327K
99%
Management & General
Management & general $3K · Total expenses $327K
1%
Fundraising
Fundraising $0 · Total expenses $327K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $24K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $24K · Total revenue $309K
8%
Government reliance
Government grants — · Total revenue $309K
—
Earned-income share
Program service revenue $285K · Total revenue $309K
92%
Investment reliance
Investment income $0 · Total revenue $309K
0%
Program self-sufficiency
Program service revenue $285K · Total expenses $327K
87%
Growth & trend
Revenue growth (YoY)
This year $309K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $7K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $309K · Expenses $327K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $44K
—
Net-asset ratio
Net assets $7K · Total assets $44K
17%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $44K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alicia Klymishen · Reported title Founder · Highest reported compensation $3K · Total expenses $327K
0.9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $158K · Total expenses $327K
48%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%——
Overhead ratio 1%——
Fundraising cost ratio 0%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0.7%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$3,000Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Alicia Klymishen’s $3K as Founder is at the 12th percentile of top reported officer pay among 146 <$100K education 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.

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Provides quality childcare and education to children globally, partnering with families and educators.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

2 program services account for $324K of program spending, described in the organization's own filed words · FY2022.
01

Child care program

$302Kprogram expense
02

Financial assistance to refugees from Ukraine

$22Kprogram expense

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Filing history

YearRevenueExpensesChangeFiling
FY2022 Latest Viewing $309K$327K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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