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Nonprofiteer
← COLLEGE OF ADAPTIVE ARTS

Form 990 for tax year 2024

Filed by COLLEGE OF ADAPTIVE ARTS.

Totals

Total revenue
$4,349,953
Total expenses
$2,013,492
Contributions and grants received
$3,358,996
Grants paid
$0
Program service revenue
$983,453
Investment income
$6,729
Other revenue
$775
Total assets, end of year
$2,846,205
Total liabilities, end of year
$50,141
Net assets or fund balances, end of year
$2,796,064
Program services expenses (Part IX)
$1,234,483
Management and general expenses
$657,983
Fundraising expenses
$121,026
Program service expenses (Part III)
$1,234,483

Program services were 61.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $179,824

  • 1d · Related organizations

    $104,430

  • 1e · Government grants (contributions)

    $2,641,729

  • 1f · All other contributions, gifts and grants

    $433,013

  • 1g · Noncash contributions included above

    $178,500

  • 2a · Program service revenue: TUITION

    total $982,236 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: OUTSIDE ACTIVITY FEES, OTHER INCOME

    total $1,217 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $6,729 · unrelated business $0 · excluded $6,729

  • 8a · Fundraising events: contributions included on line 1c

    $179,824

  • 10a · Gross sales of inventory

    $1,281

  • 10b · Cost of goods sold

    $506

  • 10c · Net income from sales of inventory

    total $775 · related or exempt $775

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $518,065 · program services $355,254 · management and general $117,100 · fundraising $45,711

  • 7 · Other salaries and wages

    total $628,862 · program services $628,862 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $187,575 · program services $155,658 · management and general $31,917 · fundraising $0

  • 10 · Payroll taxes

    total $90,531 · program services $0 · management and general $90,531 · fundraising $0

  • 11b · Fees: legal

    total $3,250 · program services $0 · management and general $3,250 · fundraising $0

  • 11c · Fees: accounting

    total $50,603 · program services $0 · management and general $50,603 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $15,000 · fundraising $15,000

  • 11g · Fees: other

    total $262,310 · program services $18,464 · management and general $223,555 · fundraising $20,291

  • 12 · Advertising and promotion

    total $22,253 · program services $10,000 · management and general $9,175 · fundraising $3,078

  • 13 · Office expenses

    total $29,543 · program services $0 · management and general $29,543 · fundraising $0

  • 14 · Information technology

    total $16,815 · program services $0 · management and general $16,815 · fundraising $0

  • 16 · Occupancy

    total $79,226 · program services $47,216 · management and general $32,010 · fundraising $0

  • 17 · Travel

    total $1,152 · program services $0 · management and general $1,152 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $17,693 · program services $0 · management and general $17,693 · fundraising $0

  • 23 · Insurance

    total $16,227 · program services $0 · management and general $16,227 · fundraising $0

  • 24a · Other expenses: EVENT EXPENSES

    total $26,924 · program services $4,595 · management and general $0 · fundraising $22,329

  • 24b · Other expenses: REGIONAL MEMBERSHIPS

    total $14,617 · program services $0 · management and general $0 · fundraising $14,617

  • 24c · Other expenses: BAD DEBT

    total $12,188 · program services $0 · management and general $12,188 · fundraising $0

  • 24d · Other expenses: PROGRAM MATERIALS AND SUPPLIES

    total $9,881 · program services $9,881 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $10,777 · program services $4,553 · management and general $6,224 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $246,774 · end of year $2,452,820

  • 2 · Savings and temporary cash investments

    beginning of year $352,229 · end of year $329,125

  • 4 · Accounts receivable

    beginning of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $170,907

  • 10b · Land, buildings and equipment: accumulated depreciation

    $106,647

  • 10c · Land, buildings and equipment, net

    beginning of year $62,271 · end of year $64,260

  • 25 · Other liabilities

    beginning of year $41,049 · end of year $50,141

  • 27 · Net assets without donor restrictions

    beginning of year $620,225 · end of year $2,796,064

Mission and programs · 2024

Mission

COLLEGE OF ADAPTIVE ARTS PROVIDES AN EQUITABLE COLLEGIATE EXPERIENCE TO ADULTS WITH SPECIAL NEEDS WHO HISTORICALLY HAVE NOT HAD ACCESS TO COLLEGE EDUCATION.

  • CAA OFFERS PRIVATELY-ACCREDITED, NON-TRANSFERRABLE CREDITS IN UNDERGRADUATE AND GRADUATE PROGRAMS. CAA HAS 10 SCHOOLS OF STUDYING INCLUDING DANCE, MUSIC, ART, DIGITAL MEDIA STUDIES, THEATER, HEALTH & WELLNESS, COMMUNICATIONS, SCIENCE & TECHNOLOGY, LEADERSHIP & CIVIC ENGAGEMENT, AND BUSINESS. CAA SERVICES OVER 300 ADULTS WITH INTELLECTIAL AND DEVELOPMENT DISABILITIES EACH 20-WEEK SEMESTER OF INSTRUCTION. CAA PROVIDES A LIFELONG, EQUITABLE COLLEGIATE EXPERIENCE TO MARGINALIZED ADULTS WHO HISTORICALLY HAVE NOT BEEN ABLE TO ACCESS COLLEGE OR HIGHER EDUCATION.

    Expenses $1,234,483 · Revenue $982,236

As filed on the 2024 return.

Listed in Part VII

  • Leann Cherkasky Makhni

    FORMER BOARD CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Carley Flores

    SECRETARY

    Total calculated
    $0
    Hours/week
    4
  • Persius Kanga

    TREASURER

    Total calculated
    $0
    Hours/week
    4
  • Nicole Matarangas

    BOARD MEMBER

    Total calculated
    $46,863
    From this org
    $46,863
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $46,863
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $46,863
  • Laura Wells

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Scott Weber

    VICE CHAIR, BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Mimi Giannini

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Vickie Fairchild

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0
  • Deana Kitajima

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Mary Beth Riley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    4
  • Sharon Dahnert

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Deanna Pursai

    CO-FOUNDER & DIRECTOR OF DEVELOPMENT (NON-VOTING)

    Total calculated
    $69,740
    From this org
    $69,740
    From related orgs
    $0
    Other
    $0
    Hours/week
    50
  • Pamela Lindsay

    CO-FOUNDER & DIRECTOR OF RESEARCH (NON-VOTING)

    Total calculated
    $120,000
    From this org
    $120,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    50
  • Richard Hermerding

    PART-TIME CFO (NON-VOTING)

    Total calculated
    $22,500
    From this org
    $22,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5
  • Nicole Kim

    EXECUTIVE DIRECTOR

    Total calculated
    $117,176
    From this org
    $117,176
    From related orgs
    $0
    Other
    $0
    Hours/week
    50
  • Ravinder Lal

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Cristin Reichmuth

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Joseph Siecinski

    EXEC ADVISORY, BOARD MEMBER (NON-VOTING)

    Total calculated
    $0
    Hours/week
    2
  • Andy Urrutia

    BOARD MEMBER

    Total calculated
    $49,583
    From this org
    $49,583
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $49,583
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $49,583

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.2
Source object
202601359349315365

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