Civic Intelligence

Grossman Academy Inc.

990EZ • Fiscal year 2019 • EIN 77-0466356

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 23, 2020

38051 Stenhammer DriveFremont, CA 94536

(510) 797-4721

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

24th percentile

-10%

Higher net margin than 24% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

80th percentile

$8,976

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 16.4% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

6th percentile

-64%

Faster asset growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

16th percentile

-32%

Faster revenue growth than 16% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$3,113

Down $5,588 (-64%) from 2018

Net Assets

$3,113

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$54,833

Down $25,588 (-32%) from 2018

Expenses

Down

$60,421

Down $19,804 (-25%) from 2018

Net Income

Down

-$5,588

Down $5,784 (-2951%) from 2018

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2011: $11,202Liabilities 2011: $02011Assets 2012: $5,894Liabilities 2012: $02012Assets 2013: $8,708Net Assets 2013: $8,7082013Assets 2014: $4,273Net Assets 2014: $4,2732014Assets 2015: $3,128Net Assets 2015: $3,1282015Assets 2016: $7,888Net Assets 2016: $7,8882016Assets 2017: $8,505Net Assets 2017: $8,5052017Assets 2018: $8,701Liabilities 2018: $02018Assets 2019: $3,113Net Assets 2019: $3,1132019Assets 2020: $17,189Liabilities 2020: $02020Assets 2021: $14,922Net Assets 2021: $14,9222021Assets 2022: $9,677Net Assets 2022: $9,6772022Assets 2023: $5,237Liabilities 2023: $02023

Highlighted filing

2019

Assets$3,113
Liabilities-
Net Assets$3,113

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $73,155Expenses 2011: $66,460Net Income 2011: $6,6952011Revenue 2012: $87,225Expenses 2012: $92,533Net Income 2012: -$5,3082012Revenue 2013: $94,297Expenses 2013: $91,483Net Income 2013: $2,8142013Revenue 2014: $89,022Expenses 2014: $93,457Net Income 2014: -$4,4352014Revenue 2015: $92,678Expenses 2015: $93,825Net Income 2015: -$1,1472015Revenue 2016: $94,100Expenses 2016: $89,340Net Income 2016: $4,7602016Revenue 2017: $89,524Expenses 2017: $88,907Net Income 2017: $6172017Revenue 2018: $80,421Expenses 2018: $80,225Net Income 2018: $1962018Revenue 2019: $54,833Expenses 2019: $60,421Net Income 2019: -$5,5882019Revenue 2020: $78,535Expenses 2020: $64,459Net Income 2020: $14,0762020Revenue 2021: $56,102Expenses 2021: $58,369Net Income 2021: -$2,2672021Revenue 2022: $51,419Expenses 2022: $56,664Net Income 2022: -$5,2452022Revenue 2023: $27,840Expenses 2023: $32,280Net Income 2023: -$4,4402023

Highlighted filing

2019

Revenue$54,833
Expenses$60,421
Net Income-$5,588
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 23, 2020
Return Version
2019v5.0
Gross Receipts
$55,460
Mission and Program Overview

Mission

SCHOOL - NONPROFIT PUBLIC BENEFIT CORP. Grossman Academy's primary exempt purpose is to provide high school level education to grades 9 - 12 students in Japanese Language. We provide the students an excellent liberal arts education.

Program Services

DescriptionGrantsExpenses
SCHOOL - NONPROFIT PUBLIC BENEFIT CORP. Grossman Academy's primary exempt purpose is to provide high school level education to grades 9 - 12 students in Japanese Language. We provide the students an excellent liberal arts education. Their competency in languages (Japanese and English) has increased greatly both in writing and reading. Math skills and computer literacy has shown satisfactory advance. Students are also enjoying performing arts, such as drama, music, and public speech. Our real proud achievement in the school year that we had done what education should aim, which is each student can find his or her potential and develop and enhance the talent. The school succeeded to heighten students level academically and morally. As a result, we gained parents' as well as students' approval and satisfaction on our job performance.$60,421$12,770
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
REI GROSSMANDirectorFT$8,976-$8,976
Jonie TakatsujiDirector-$0--
YASUKO FUKAWADirector-$0--
Filing and Contact Details

Filer

Filer Name
Grossman Academy Inc
EIN
77-0466356
Phone
5107974721
Address
38051 STENHAMMER DRIVE, FREMONT, CA 94536

Signing Officer

Name
Rei Grossman
Title
Director
Signed
2020-07-23
Discuss with paid preparer
Yes

Preparer

Firm
Rachel C Choi CPA
Address
3142 Dee Court, Fremont, CA 94536
Preparer
Rachel C Choi CPA
Phone
5107941150
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - Grossman Academy Inc.MISSION We believe that Silicon Valley is the most advanced area to lead the world for the 21st century. We have established the Grossman Academy to provide the most advanced education for students who live in the area to create a new paradigm.For the students who live in Silicon Valley, where there are the world's top minds for intellectual interest and future creation, we will try to provide the finest atmosphere and environment. In addition to the bases, we are trying to make each student grow his or her genial area; which we believe everybody has. We will do our best to educate students who will be able to compete and cooperate with other geniuses gathered from worldwide. This school is established to educate in the Japanese language.OBJECTIVES1. Finding the genial ability of each student will be the number one educational purpose. This will be the main concentration of every class. A student has the capability for every area, except that shape and form is different for each individual.2. Enjoyment to learn and desire for further intelligence should be planted. In this school, every student will take an intelligent approach from every aspect.3. A person who can think and behave independently will be developed. A person who has his or her own mind will not be swayed by other ideas. Therefore, in an educational point of view, it means to develop brains to think independently. The concentration will be put on speedy and sharp brains that will become creative brains. 4. A poet with an abundant personality will be made. We will learn from our ancestors who had delicate and emotional intuitions.5. A sophisticated person, who understands gentlemanship and puts it into his or her actions will be made. They are human beings who will have the decency that will be valuable anywhere in the world.These are the educational objectives for students who will lead the global society for the future. Grossman Academy has a high level target which is very challenging. The purpose is to develop worldwide level people.GRADE LEVEL High School Level A class: 9th and 10th level on G12 course High School Level B class: 11th and 12th on G12 course Note) 1. There is no age limitation. 2. You can repeat the same grade over if requested.SCHOOL DAY Every Saturday, 45 days a year, excluding 4 days of the summer holiday, 2 days of the winter holiday, and 1 day of spring recess. SESSIONS 1st Trimester: April - July 2nd Trimester: September - December 3rd Trimester: January - MarchCURRICULUM: Each period is two hours long. 1. Expression, including essays, poems, and short novels. 2. Japanese language, including modern literature, ancient literature, and ancient Chinese literature. 3. Mathematics including Algebra, Geometry, and Calculus.SCHOOL LOCATION Cubberly Community Center 4000 Middlefield Road Palo Alto, Ca, 94303Educational Characteristics The characteristics of education at Grossman Academy1. To prevent students from becoming unintelligent and unknowledgeable of the culture.2. To create geniuses. - Emphasis on ones ability to think, as well as to create. - To create the leaders of tomorrow.3. An emphasis on writing and expression in order for students to become excellent at communication.4. Focus on complete mastery of both English and Japanese.5. To foster a strong sense of identity.6. To learn Japanese and Japanese culture, not only as a treasure to oneself but also as a treasure of the world, and to foster Japanese culture in the world.7. Grossman Academy's philosophical basis is Matsuo Basho's concept of Fuuga and Lord Byron's Fire of aspiration....there is a fireAnd motion of the soul which will not dwellIn its own narrow being, but aspireBeyond the fitting medium of desire.-Byron, Childe Harold's Pilgrimage, Canto III

Other Expenses.1002

Office Expenses $3295

Other Expenses.1009

Depreciation $545

Other Expenses.1

Consultants & ta's $11348

Other Expenses.2

INTERNET $1794

Other Expenses.3

TEACHING EXPENSE $1751

Other Expenses.4

Teaching materials - text book $1648

Other Expenses.5

Newspaper subscriptions $1000

Other Expenses.6

Graduation event expenses $250

Other Expenses.8

Web service - domain name, etc $120

Other Expenses.9

LICENSE & FEES $45

Other Expenses.10

Bank charges & interest $36

Other Assets.1004

Miscellaneous - Beginning $857 Miscellaneous - Ending $2618

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - Grossman Academy Inc.MISSION We believe that Silicon Valley is the most advanced area to lead the world for the 21st century. We have established the Grossman Academy to provide the most advanced education for students who live in the area to create a new paradigm.For the students who live in Silicon Valley, where there are the world's top minds for intellectual interest and future creation, we will try to provide the finest atmosphere and environment. In addition to the bases, we are trying to make each student grow his or her genial area; which we believe everybody has. We will do our best to educate students who will be able to compete and cooperate with other geniuses gathered from worldwide. This school is established to educate in the Japanese language.OBJECTIVES1. Finding the genial ability of each student will be the number one educational purpose. This will be the main concentration of every class. A student has the capability for every area, except that shape and form is different for each individual.2. Enjoyment to learn and desire for further intelligence should be planted. In this school, every student will take an intelligent approach from every aspect.3. A person who can think and behave independently will be developed. A person who has his or her own mind will not be swayed by other ideas. Therefore, in an educational point of view, it means to develop brains to think independently. The concentration will be put on speedy and sharp brains that will become creative brains. 4. A poet with an abundant personality will be made. We will learn from our ancestors who had delicate and emotional intuitions.5. A sophisticated person, who understands gentlemanship and puts it into his or her actions will be made. They are human beings who will have the decency that will be valuable anywhere in the world.These are the educational objectives for students who will lead the global society for the future. Grossman Academy has a high level target which is very challenging. The purpose is to develop worldwide level people.GRADE LEVEL High School Level A class: 9th and 10th level on G12 course High School Level B class: 11th and 12th on G12 course Note) 1. There is no age limitation. 2. You can repeat the same grade over if requested.SCHOOL DAY Every Saturday, 45 days a year, excluding 4 days of the summer holiday, 2 days of the winter holiday, and 1 day of spring recess. SESSIONS 1st Trimester: April - July 2nd Trimester: September - December 3rd Trimester: January - MarchCURRICULUM: Each period is two hours long. 1. Expression, including essays, poems, and short novels. 2. Japanese language, including modern literature, ancient literature, and ancient Chinese literature. 3. Mathematics including Algebra, Geometry, and Calculus.SCHOOL LOCATION Cubberly Community Center 4000 Middlefield Road Palo Alto, Ca, 94303Educational Characteristics The characteristics of education at Grossman Academy1. To prevent students from becoming unintelligent and unknowledgeable of the culture.2. To create geniuses. - Emphasis on ones ability to think, as well as to create. - To create the leaders of tomorrow.3. An emphasis on writing and expression in order for students to become excellent at communication.4. Focus on complete mastery of both English and Japanese.5. To foster a strong sense of identity.6. To learn Japanese and Japanese culture, not only as a treasure to oneself but also as a treasure of the world, and to foster Japanese culture in the world.7. Grossman Academy's philosophical basis is Matsuo Basho's concept of Fuuga and Lord Byron's Fire of aspiration....there is a fireAnd motion of the soul which will not dwellIn its own narrow being, but aspireBeyond the fitting medium of desire.-Byron, Childe Harold's Pilgrimage, Canto III
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $3295
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $545
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTANTS & TA'S $11348
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INTERNET $1794
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