Roennes School INC EIN 95-2970541 Form 990 (PDF) Claim this org

Roennes School INC FY2023 filing

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Offers educational and recreational services for low-income children and those with special needs. For fiscal year 2023 it reported $462K in revenue, $598K in expenses, and $52K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Los Angeles, CA
Filings
5 on file (2020–2023)
Revenue
$462KFY2023
Expenses
$598K
Net assets
$52K
People
1
Filings
5
Updates
0
More identity details & actions ⌄
EIN  95-2970541 Public charity (501(c)(3)) Los Angeles, CA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Offers educational and recreational services for low-income children and those with special needs.
Leadership
Christina Evans · Director
Money in and out
$462K revenue, $598K expenses
Bottom line
97% program efficiency
Where the money goes · FY2023
Total revenue
$462K
Pt VIII · Ln 12
Total expenses
$598K
Pt IX · Ln 25
Net assets
$52K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$136K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
2.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-29%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$462K
FY2023▼ -27%
Expenses
$598K
FY2023▼ -6%
Total assets
$116K
FY2023▼ -53%
Total liabilities
$64K
FY2023▼ -70%
Total revenue
$462K
Pt VIII · Ln 12
Total expenses
$598K
Pt IX · Ln 25
Net assets
$52K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$136K
Total assetsPt X · Ln 16$116K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRoennes School INC
EINHdr · item D95-2970541
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B21Z)
Ruling yearIRS BMFOct 1975

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
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
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $579K of program spending, described in the organization's own filed words · FY2023.
01

student served (estimated 55) provide educational services for pre-school, elementary school childrenas well as after school services.

$579Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$456K · 99%
Investment income$5K · 1%
Program service revenue99%$456K
Investment income1%$5K
Total revenueLn 12$462K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$579K
Management & general3%$19K
Total functional expensesLn 25$598K

Balance Sheet

Part X · end of year
CashLn 1$108K
Total assetsLn 16$116K
Total liabilitiesLn 26$64K
Total net assetsLn 32$52K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $108K · Operating expenses/yr $598K
2.2 months
Where the money goes
Program services
Program services $579K · Total expenses $598K
97%
Management & General
Management & general $19K · Total expenses $598K
3%
Fundraising
Fundraising $0 · Total expenses $598K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $462K
0%
Government reliance
Government grants — · Total revenue $462K
Earned-income share
Program service revenue $456K · Total revenue $462K
99%
Investment reliance
Investment income $5K · Total revenue $462K
+1%
Program self-sufficiency
Program service revenue $456K · Total expenses $598K
76%
Growth & trend
Revenue growth (YoY)
This year $462K · Prior year $631K
-27%
Net-asset trend (YoY)
End of year $52K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $462K · Expenses $598K
-29%
Liabilities-to-Assets
Total liabilities — · Total assets $116K
Net-asset ratio
Net assets $52K · Total assets $116K
45%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $116K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Christina Evans · Reported title Director · Highest reported compensation $0 · Total expenses $598K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $201K · Total expenses $598K
34%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Revenue growth -27%
Accounting fee ratio 3%

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 · FY2020
Total grants receivedfrom 1 funder$30K

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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
FY2025 (Latest)$1.5M revenue · ⤓ 990 PDF
FY2024not on file
FY2023$462K revenue · viewing · ⤓ 990 PDF
FY2022$631K revenue · ⤓ 990 PDF
FY2021$369K revenue · ⤓ 990 PDF
FY2020$384K 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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