Page Learning Academy INC FY2022 filing

Tax-deductible

Los Angeles, CA501(c)(3)Since 1995EducationEIN 95-4540883Revenue $1.5M in FY2022

On file with the IRS216 W Vernon Ave, 90037-2716 · Los Angeles, CATax-exempt since Sep 1995School — 170(b)(1)(A)(ii)

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Our mission is to provide a safe, nurturing and healthy environment which fosters childrens' social, emotional, cognitive and developmental growth, as well as a love of Learning through a developmentally-appropriate, child-centered curriculum.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$92K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $9K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$92K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$864K
102% of total assets
Concern: liabilities are 102% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
+11% vs prior year
Spent
$1.5M
To programs
88%
Net assets
−$15K
By yearFY2020–FY2025
Revenue
$1.5M
FY2022▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$1.4M
FY2022$1.5M
FY2023$1.6M
FY2024$1.5M
FY2025$1.4M
Expenses
$1.5M
FY2022▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$1.4M
FY2022$1.5M
FY2023$1.6M
FY2024$1.4M
FY2025$1.4M
Net assets
−$15K
FY2022▼ -29%
Tap a bar for its year
Net assets by fiscal year
FY2020−$7K
FY2021−$12K
FY2022−$15K
FY2023$5K
FY2024$37K
FY2025$43K

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $1.3M Management & general 12% · $177K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $92K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$92,477Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A

Lisa Square’s $77K as Administrator is at the 17th percentile of top reported officer pay among 3395 $1–10M 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.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dr Cresie Page——$92,477$92,477$85,363$92,477
Lisa Square$76,960$75,254————

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers educational and daycare services for children.

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Provided by the organization

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1 program · $1.3M · in their own filed words · FY2021
01

To provide educational and day care services for children from low income families. The students range in age from 3 weeks old to 5 years of age.

$1.3Mprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.5M
Other incomeLn 4–11$93
Investment incomeLn 3$31
Money outPt IX
$1.5M
Ln 25
Programscol B$1.3M
Managementcol C$177K
Owns and owesPt X
−$15K
net assets · Ln 32
Cash and savingsLn 1–2$785K
Total assetsLn 16$849K
LiabilitiesLn 26$864K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Government grantsLn 1e$1.5M
Investment incomeLn 3$31
Other incomeLn 4–11$93
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$515K
SavingsLn 2$270K
Cash and savings togetherLn 1–2$785K
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$849K
LiabilitiesLn 26$864K
Net assetsLn 32−$15K
OperationsPt I, VI
EmployeesI 521
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$545K$785K
Land, buildings, equipmentLn 10c$6K$3K
Total assetsLn 16$673K$849K
LiabilitiesLn 26$684K$864K
Net assetsLn 32−$12K−$15K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$139K$139K
Other salaries and wagesLn 7$824K$715K$109K
Other employee benefitsLn 9$21K$19K$2K
Payroll taxesLn 10$84K$73K$11K
Accounting feesLn 11c$33K$33K
Other fees for servicesLn 11g$11K$11K
Office expensesLn 13$59K$57K$2K
OccupancyLn 16$269K$249K$20K
TravelLn 17$2K$2K
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$54K$54K
Total functional expensesLn 25$1.5M$1.3M$177K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.4M$1.4M$6K$43K 990 PDF
FY2024 $1.5M$1.4M$32K$37K 990 PDF
FY2023 $1.6M$1.6M$20K$5K 990 PDF
FY2022 Viewing $1.5M$1.5M−$3K−$15K 990 PDF
FY2021 $1.4M$1.4M−$5K−$12K 990 PDF
FY2020 $1.5M$1.5M$3K−$7K 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
See the full FY2022 990 (6 parts)
Part I · Summary $1,508,053 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,358,884$1,507,929
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $36$31
I-11 Other revenuePrior year $0$93
I-12 Total revenuePrior year $1,358,920$1,508,053
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,029,317$1,068,089
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $334,300$443,332
I-18 Total expensesPrior year $1,363,617$1,511,421
I-19 Revenue less expensesPrior year −$4,697−$3,368
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,508,053 across 6 lines filed
VIII-1e Government grants$1,460,156
VIII-1f All other contributions, gifts and grants$47,773
VIII-1h Total contributions, gifts and grants$1,507,929
VIII-3 Investment incomeExcluded from tax $31$31
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $93$93
VIII-12 Total revenueRelated to mission $93 · Unrelated business $0 · Excluded from tax $31$1,508,053
Part IX · Statement of functional expenses $1,511,421 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $138,715$138,715
IX-7 Other salaries and wagesPrograms $715,146 · Management $109,179$824,325
IX-9 Other employee benefitsPrograms $19,292 · Management $2,184$21,476
IX-10 Payroll taxesPrograms $72,655 · Management $10,918$83,573
IX-11c Accounting feesManagement $33,448$33,448
IX-11g Other fees for servicesPrograms $10,651$10,651
IX-13 Office expensesPrograms $57,333 · Management $1,515$58,848
IX-16 OccupancyPrograms $249,327 · Management $20,003$269,330
IX-17 TravelPrograms $1,920$1,920
IX-22 Depreciation, depletion and amortizationPrograms $3,368$3,368
IX-23 InsurancePrograms $11,695$11,695
IX-24 Other expenses (24a–d)Programs $54,072$54,072
IX-25 Total functional expensesPrograms $1,334,174 · Management $177,247 · Fundraising $0$1,511,421
Part X · Balance sheet $848,738 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $274,574$514,542
X-2 Savings and temporary cash investmentsStart of year $270,233$270,261
X-3 Pledges and grants receivableStart of year $121,601$60,969
X-10c Land, buildings and equipment, netStart of year $6,334$2,966
X-16 Total assetsStart of year $672,742$848,738
X-17 Accounts payable and accrued expensesStart of year $67,255$64,856
X-18 Grants payableStart of year $346,830$528,542
X-25 Other liabilitiesStart of year $270,252$270,303
X-26 Total liabilitiesStart of year $684,337$863,701
X-27 Net assets without donor restrictionsStart of year −$11,595−$14,963
X-32 Total net assets or fund balancesStart of year −$11,595−$14,963
X-33 Total liabilities and net assetsStart of year $672,742$848,738
Part XI · Reconciliation of net assets −$14,963 net assets at year end
XI-1 Total revenue$1,508,053
XI-2 Total expenses$1,511,421
XI-3 Revenue less expenses−$3,368
XI-4 Net assets at start of year−$11,595
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$14,963

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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