Civic Intelligence

Castlebay Lane Elementary School Parents and Teachers Helping

990 • Fiscal year 2015 • EIN 23-7425881

Jul 01, 2014 to Jun 30, 2015 • Filed on May 06, 2016

19010 Castlebay LanePorter Ranch, CA 91326

(818) 360-1908

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

79th percentile

33%

Faster asset growth than 79% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

87th percentile

57%

Faster revenue growth than 87% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$205,717

Up $50,996 (+33%) from 2014

Net Assets

Up

$205,303

Up $63,332 (+45%) from 2014

Liabilities

Down

$414

Down $12,336 (-97%) from 2014

Revenue

Up

$363,475

Up $131,784 (+57%) from 2014

Expenses

Up

$308,855

Up $103,313 (+50%) from 2014

Net Income

Up

$54,620

Up $28,471 (+109%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2013: $127,404Liabilities 2013: $2,504Net Assets 2013: $124,9002013Assets 2014: $154,721Liabilities 2014: $12,750Net Assets 2014: $141,9712014Assets 2015: $205,717Liabilities 2015: $414Net Assets 2015: $205,3032015Assets 2017: $175,349Liabilities 2017: $122Net Assets 2017: $175,2272017Assets 2018: $185,635Liabilities 2018: $0Net Assets 2018: $185,6352018Assets 2019: $143,410Liabilities 2019: -$5,244Net Assets 2019: $148,6542019Assets 2020: $235,581Liabilities 2020: $81Net Assets 2020: $235,5002020Assets 2021: $232,875Liabilities 2021: $81Net Assets 2021: $232,7942021Assets 2022: $350,762Liabilities 2022: $677Net Assets 2022: $350,0852022Assets 2023: $408,998Liabilities 2023: $398Net Assets 2023: $408,6002023Assets 2024: $399,356Liabilities 2024: $0Net Assets 2024: $399,3562024Assets 2025: $362,737Liabilities 2025: $0Net Assets 2025: $362,7372025

Highlighted filing

2015

Assets$205,717
Liabilities$414
Net Assets$205,303

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2013: $329,8172013Revenue 2014: $231,691Expenses 2014: $205,542Net Income 2014: $26,1492014Revenue 2015: $363,475Expenses 2015: $308,855Net Income 2015: $54,6202015Revenue 2017: $350,115Expenses 2017: $342,743Net Income 2017: $7,3722017Revenue 2018: $284,541Expenses 2018: $274,127Net Income 2018: $10,4142018Revenue 2019: $378,639Expenses 2019: $417,726Net Income 2019: -$39,0872019Revenue 2020: $267,617Expenses 2020: $264,391Net Income 2020: $3,2262020Revenue 2021: $98,445Expenses 2021: $92,704Net Income 2021: $5,7412021Revenue 2022: $138,263Expenses 2022: $130,184Net Income 2022: $8,0792022Revenue 2023: $397,615Expenses 2023: $339,100Net Income 2023: $58,5152023Revenue 2024: $292,534Expenses 2024: $276,884Net Income 2024: $15,6502024Revenue 2025: $354,141Expenses 2025: $349,145Net Income 2025: $4,9962025

Highlighted filing

2015

Revenue$363,475
Expenses$308,855
Net Income$54,620
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 6, 2016
Return Version
2014v6.0
Gross Receipts
$372,853
Mission and Program Overview

Mission

The organization's purpose is to enhance the education of its children by providing additional classes and teaching not currently offered by the los angeles unified schoold district.

To support the education of children in elementary school by providing additional classes and support, not provided by lausd. Providing additional supplies and teaching assistance for students of castlebay lane elementary school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$154,721$193,482▲ $38,761
Prepaid Expenses and Deferred Charges-$12,235-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$154,721$205,717▲ $50,996
Other Assets Total-$0-
Liabilities
Other Liabilities$12,750$414▼ $12,336
Total Liabilities$12,750$414▼ $12,336
Net Assets / Fund Balance
Unrestricted Net Assets$141,971$135,189▼ $6,782
Temporarily Rstr Net Assets-$70,114-
Total Net Assets Fund Balance$141,971$205,303▲ $63,332
Total Liabilities and Net Assets / Fund Balance$154,721$205,717▲ $50,996
Compensation and Service Providers

Board Members and Trustees

NameTitle
Laurel TidemansonPresident
Christine Soderlund1st VP J.t.
Ankana La Salle1st VP Sponsor
Mark Deukmedjian2nd VP
Breanne Jones3rd VP
Summer Ann Lookofsky5th Grade Coor
Suzanne Wainfeld5th Grade Coor
Jerome BradenbaughDigital Comm
Suzy PirlantEnrichment Coor
Sumi AlhadeffHospitality
Anahid GrigorianParliamentarian
Victoria LittlejohnPrincipal
Danielle MichaelsRoom Parent
Kelli ChilingarianSafety
Marine BalianSecretary
Donna BlankenshipTeacher Rep
Renee MissakianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$149,552
Program Service Revenue
$201,622
Investment Income
$0
Other Revenue
$12,301
All Other Contributions
$149,552
Change in Net Assets
$54,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$250,966
Total Fundraising Expense$101,925
Salaries, Compensation, and Employee Benefits$57,889
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$88,591$977$25,945$115,513
Other Salaries and Wages$48,934--$48,934
All Other Expenses$4,337$736$5,594$10,667
Other Expenses$1,000$1,404$7,398$8,802
Payroll Taxes$6,455--$6,455
Insurance-$2,913-$2,913
Other Employee Benefits-$2,500-$2,500
Fees for Services Accounting-$1,815-$1,815
Office Expenses--$1,100$1,100
Total Functional Expenses$195,445$11,485$101,925$308,855
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,679
Fundraising Direct Expenses$9,378
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Knight of Hearts$16,790$16,790$9,378$7,412
Total Events$16,790$16,790$9,378$7,412
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liability$414
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Castlebay Lane Elementary School
EIN
23-7425881
Phone
8183601908
Address
19010 CASTLEBAY LANE, PORTER RANCH, CA 91326

Signing Officer

Name
Linda Grigorian Khachatourians
Title
Treasurer
Signed
2016-05-06
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
3

Preparer

Firm
Gtl Llp
Address
15315 Magnolia Blvd Suite 110, Sherman Oaks, CA 91403-1100
Preparer
Fabio Vasco
Phone
8185090066
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IRS990/Form990PartVIISectionAGrp/TitleTxt3PARLIAMENTARIAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt55TH GRADE COOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6ROOM PARENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7ENRICHMENT COOR
IRS990/Form990PartVIISectionAGrp/TitleTxt85TH GRADE COOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt123RD VP
IRS990/Form990PartVIISectionAGrp/TitleTxt131ST VP SPONSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14Treasurer
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IRS990/Form990PartVIISectionAGrp/TitleTxt16President
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