Liabilities / Assets
19th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 77-0548435 • 501(c)3 • Santa Barbara, CA
Profile
The California Academy Foundation's mission is to raise funds to support the educational and extra curricular objectives of the Multimedia Arts and Design Academy, a school within Santa Barbara High School, a public school in Santa Barbara California.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
19th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
20th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
60th percentile
Faster asset growth than 60% of similar nonprofits.
Revenue Growth
92nd percentile
Faster revenue growth than 92% of similar nonprofits.
Assets
Up$2,554,566
Up $177,427 (+7.5%) from 2023
Liabilities
Down$0
Down $771 (-100%) from 2023
Net Assets
Up$2,554,566
Up $178,198 (+7.5%) from 2023
Revenue
Up$72,070
Up $39,853 (+124%) from 2023
Expenses
Up$143,509
Up $12,439 (+9.5%) from 2023
Net Income
Up-$71,439
Up $27,414 (+28%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The California Academy Foundation's mission is to raise funds to support the educational and extra curricular objectives of the Multimedia Arts and Design Academy, a school within Santa Barbara High School, a public school in Santa Barbara California.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cap Stk Tr Prin Current Funds | $2,376,368 | $2,554,566 | ▲ $178,198 |
| Investments in Publicly Traded Securities | $1,635,688 | $1,897,549 | ▲ $261,861 |
| Land, Buildings, and Equipment, Net | $383,563 | $315,915 | ▼ $67,648 |
| Savings and Temporary Cash Investments | $264,235 | $220,954 | ▼ $43,281 |
| Cash and Non-Interest-Bearing Accounts | $93,653 | $120,148 | ▲ $26,495 |
| 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 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $2,377,139 | $2,554,566 | ▲ $177,427 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $771 | - | - |
| Total Liabilities | $771 | $0 | ▼ $771 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $2,376,368 | $2,554,566 | ▲ $178,198 |
| Total Liabilities and Net Assets / Fund Balance | $2,377,139 | $2,554,566 | ▲ $177,427 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $312,146 | $666,724 | $978,870 |
| Equipment | $3,562 | $555,088 | $558,650 |
| Other Land Buildings | $207 | $99,864 | $100,071 |
| Name | Title |
|---|---|
| Ross Brown | President |
| Mark Flores | Vice President |
| Healey Young | Secretary |
| Dawn Fitzgerald | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $143,509 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $60,883 | $6,765 | - | $67,648 |
| Office Expenses | $8,563 | $2,768 | - | $11,331 |
| Fees for Services Accounting | - | $7,850 | - | $7,850 |
| Insurance | - | $2,490 | - | $2,490 |
| Advertising | - | $2,441 | - | $2,441 |
| Information Technology | $660 | - | - | $660 |
| Other Expenses | $581 | - | - | $581 |
| All Other Expenses | $536 | - | - | $536 |
| Total Functional Expenses | $121,195 | $22,314 | $0 | $143,509 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $143,509 |
| Total Expenses per Audited Statements | $143,509 |
| Total Expenses per Form 990 | $143,509 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“Board members are provided a draft of the 990 prior to submission. Board members comments are implemented for final 990.”
“ANNUAL REVIEW”
“UPON REQUEST”
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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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 67648 |
| IRS990/Desc | 0 | In 2023-2024, the MAD Academy served approximately 334 students, providing them with free college dual enrollment courses in web design, digital drawing, digital imaging, video editing, filmmaking, and photography. In order to ensure their success, MAD also provided free access to professional level industry equipment including two editing labs, a 1 to 1 DSLR ratio, as well as professional level lighting, sound, and grip equipment. MAD is steadily increasing the number of at promise students it serves, and providing sector-aligned guest speakers and field trips to ensure that our program is focused on the study and creation of media arts and preparing students for creative jobs. |
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| IRS990/FormationYr | 0 | 2001 |
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| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
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