Academy for Enriched Sciences PTA FY2023 filing

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EIN 90-0848339 Public charity (501(c)(3)) Encino, CA
Form 990 (PDF)

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Revenue & expenses by yearFY2022–FY2024
Revenue
$144K
FY2023▲ +43%
Expenses
$100K
FY2023

Form 990 for the fiscal year ending June 2023 (IRS tax year 2022).


Supports the Academy of Enriched Sciences school with resources and programs. For fiscal year 2023 it reported $144K in revenue, $100K in expenses, and $114K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Encino, CA
Website
www,aespta.com
Filings
3 on file (2022–2023)
Revenue
$144KFY2023
Expenses
$100K
Net assets
$114K
People
9
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Size
$100K–1M
What they do
Supports the Academy of Enriched Sciences school with resources and programs.
Leadership
President · Nancy Craig
Money in and out
$144K revenue, $100K expenses
Bottom line
75% program efficiency

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

WARNING

Last filed FY2023 — 3 yrs ago

Most recent Form 990 on file is for fiscal year 2023 (3 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

2 funders, incl. American Online Giving Foundation INC

2 distinct foundation funder(s) on file, $15K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

75% to programs

75% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · ↑ +43% vs prior year

Revenue band $100K–1M, +43% versus the prior filing year (up). See detail →

Where the money goes · FY2023
Total revenue
$144K
Pt VIII · Ln 12
Total expenses
$100K
Pt IX · Ln 25
Net assets
$114K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $44K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.16 Fundraising $0.09
Program efficiency
75%
of spending reaches programs
Operating runway
13.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+31%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$114K
FY2023▲ +63%
Total liabilities
$0
FY2023
Revenue less expensesPt I · Ln 19$44K
Total assetsPt X · Ln 16$114K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CAcademy for Enriched Sciences PTA
EINHdr · item D90-0848339
Principal addressHdr · item CEncino, CA
WebsiteHdr · item Jwww,aespta.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFNov 1943

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Nancy Craig
$0Pt VII · Sec A
Russell Boast
$0Pt VII · Sec A
Natalie Jacobs
$0Pt VII · Sec A
Ernie Eichberg
$0Pt VII · Sec A
Caroline Shabt
$0Pt VII · Sec A
Barbara Lamper
$0Pt VII · Sec A
Shane Boast
$0Pt VII · Sec A
Amy Petry
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $31K of program spending, described in the organization's own filed words · FY2022.
01

Science Aide

$11Kprogram expense
02

Music / Arts

$11Kprogram expense
03

Pe by ymca

$9Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$131K · 91%
Program service revenue$11K · 8%
Other revenue$2K · 2%
Contributions & grants91%$131K
Program service revenue8%$11K
Other revenue2%$2K
Total revenueLn 12$144K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.16 Fundraising $0.09
Program services75%$75K
Management & general16%$16K
Fundraising9%$9K
Total functional expensesLn 25$100K

Balance Sheet

Part X · end of year
CashLn 1$114K
Total assetsLn 16$114K
Total liabilitiesLn 26$0
Total net assetsLn 32$114K
Months of cash on handcomputed13.7

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $114K · Operating expenses (Pt IX) $100K · Less non-cash grants $255 · Cash operating expenses/yr $100K
13.7 months
Where the money goes
Program services
Program services $75K · Total expenses $100K
75%
Management & General
Management & general $16K · Total expenses $100K
16%
Fundraising
Fundraising $9K · Total expenses $100K
9%
Cost to raise $1
Fundraising expense (2-yr avg) $4K · Solicited contributions (2-yr avg) $116K
$0.04 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $131K · Total revenue $144K
91%
Government reliance
Government grants — · Total revenue $144K
—
Earned-income share
Program service revenue $11K · Total revenue $144K
8%
Investment reliance
Investment income $0 · Total revenue $144K
0%
Program self-sufficiency
Program service revenue $11K · Total expenses $100K
11%
Growth & trend
Revenue growth (YoY)
This year $144K · Prior year $100K
+43%
Net-asset trend (YoY)
End of year $114K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $144K · Expenses $100K
+31%
Liabilities-to-Assets
Total liabilities — · Total assets $114K
—
Net-asset ratio
Net assets $114K · Total assets $114K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $114K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual President · Reported title Nancy Craig · Highest reported compensation $0 · Total expenses $100K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $100K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 75%——
Overhead ratio 16%——
Fundraising cost ratio 7%——
Revenue growth 43%——
Accounting fee ratio 0.4%——

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 · FY2024
Total grants receivedfrom 2 funders$15K

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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)$157K revenue · ⤓ 990 PDF
FY2023$144K revenue · viewing · ⤓ 990 PDF
FY2022$100K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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