Totals
- Total revenue
- $14,049,370
- Total expenses
- $9,110,217
- Contributions and grants received
- $7,329,073
- Grants paid
- $150
- Program service revenue
- $0
- Investment income
- $6,748,392
- Other revenue
- -$28,095
- Total assets, end of year
- $33,824,070
- Total liabilities, end of year
- $1,591,887
- Net assets or fund balances, end of year
- $32,232,183
- Program services expenses (Part IX)
- $8,411,691
- Management and general expenses
- $490,587
- Fundraising expenses
- $207,939
- Program service expenses (Part III)
- $8,411,691
Program services were 92.3% 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
$75,215
-
1e · Government grants (contributions)
$6,764,448
-
1f · All other contributions, gifts and grants
$489,410
-
1g · Noncash contributions included above
$15,185
-
3 · Investment income
total $196,868 · excluded $196,868
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $7,735,149
-
7b · Less cost or other basis and sales expenses
securities $1,183,625
-
7c · Gain or loss
securities $6,551,524
-
7d · Net gain or loss
total $6,551,524 · excluded $6,551,524
-
8a · Fundraising events: gross income
$8,480
-
8a · Fundraising events: contributions included on line 1c
$75,215
-
8b · Fundraising events: direct expenses
$42,753
-
8c · Net income from fundraising events
total -$34,273 · excluded -$34,273
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: OTHER INCOME
total $6,178 · related or exempt $6,178
-
11e · Other revenue, total
$6,178
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $150 · program services $150
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $737,879 · program services $702,409 · management and general $20,847 · fundraising $14,623
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $3,654,572 · program services $3,478,895 · management and general $103,252 · fundraising $72,425
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $639,563 · program services $589,606 · management and general $34,721 · fundraising $15,236
-
10 · Payroll taxes
total $324,546 · program services $307,765 · management and general $10,133 · fundraising $6,648
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $57,472 · program services $52,507 · management and general $3,646 · fundraising $1,319
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,898,799 · program services $1,767,274 · management and general $84,881 · fundraising $46,644
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $150,540 · program services $112,290 · management and general $23,563 · fundraising $14,687
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $154,242 · program services $118,333 · management and general $33,495 · fundraising $2,414
-
17 · Travel
total $10,278 · program services $9,214 · fundraising $1,064
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $557,274 · program services $450,160 · management and general $89,287 · fundraising $17,827
-
23 · Insurance
total $185,201 · program services $160,757 · management and general $18,025 · fundraising $6,419
-
24a · Other expenses: DUES & SUBSCRIPTION
total $162,870 · program services $151,606 · management and general $6,451 · fundraising $4,813
-
24b · Other expenses: EQUIPMENT RENTAL & MAINTENANCE
total $143,207 · program services $105,441 · management and general $37,074 · fundraising $692
-
24c · Other expenses: TELEPHONE
total $35,018 · program services $26,007 · management and general $8,525 · fundraising $486
-
24d · Other expenses: TRAINING & WORKSHOPS
total $322,858 · program services $303,529 · management and general $16,687 · fundraising $2,642
-
24e · All other expenses
total $75,748 · program services $75,748
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,364,210 · end of year $952,066
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $128,764 · end of year $75,766
-
4 · Accounts receivable
beginning of year $489,318 · end of year $649,405
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $20,948 · end of year $20,948
-
9 · Prepaid expenses and deferred charges
beginning of year $93,847 · end of year $95,140
-
10a · Land, buildings and equipment: cost or other basis
$23,466,560
-
10b · Land, buildings and equipment: accumulated depreciation
$10,280,089
-
10c · Land, buildings and equipment, net
beginning of year $6,829,317 · end of year $13,186,471
-
11 · Investments: publicly traded securities
beginning of year $23,334,833 · end of year $18,782,230
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $58,508 · end of year $62,044
-
17 · Accounts payable and accrued expenses
beginning of year $624,946 · end of year $1,081,865
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $846,324 · end of year $510,022
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $20,052,234 · end of year $21,657,413
-
28 · Net assets with donor restrictions
beginning of year $10,796,241 · end of year $10,574,770
Mission and programs · 2023
Mission
PUENTE LEARNING CENTER IS RECOGNIZED FOR ITS COMMITMENT TO ITS MISSION, EMBODIED IN ITS NAME: PEOPLE UNITED TO ENRICH THE NEIGHBORHOOD THROUGH EDUCATION. AS AN ESTABLISHED NONPROFIT PRESENCE IN THE UNDERSERVED BOYLE HEIGHTS COMMUNITY SINCE 1985, PUENTE HAS EMPOWERED OVER 120,000 STUDENTS OF ALL AGES WITH TUITION-FREE RESOURCES IN FOUR PROGRAM AREAS: CHILDREN, YOUTH, ADULTS, AND COMMUNITY. PUENTE'S RECORD OF ACCOMPLISHMENT WITH RESEARCH-BASED EDUCATIONAL OUTCOMES AND COMPASSIONATE WRAP-AROUND SERVICES MATCHES THE VIBRANT AND CULTURALLY-RICH COMMUNITY WE SERVE.
Activities or mission (Part I)
WE ARE PUENTE: PEOPLE UNITED TO ENRICH THE NEIGHBORHOOD THROUGH EDUCATION. BUILDING BRIDGES TO LEARNING AND OPPORTUNITY IN BOYLE HEIGHTS AND BEYOND.
-
EARLY CHILDHOOD - PRESCHOOL READINESS PROVIDES AN INTELLECTUALLY STIMULATING ENVIRONMENT FOR CHILDREN AGED THREE YEARS, NINE MONTHS TO FIVE YEARS OLD AND PREPARES STUDENTS FOR THE SUCCESSFUL TRANSITION INTO KINDERGARTEN. PUENTE CHARTER SCHOOL, AN LAUSD AUTHORIZED CHARTER SCHOOL SERVING ELEMENTARY-AGED STUDENTS AND THEIR FAMILIES, CONSISTENTLY RECEIVES HIGH SATISFACTION RATINGS FROM ITS PARENT COMMUNITY AND FROM THE LOS ANGELES UNIFIED SCHOOL DISTRICT. THE AFTER SCHOOL PROGRAM PROVIDES INDIVIDUALIZED INSTRUCTION AND ENRICHMENT ACTIVITIES TO REINFORCE STUDENT MASTERY OF COMMON CORE STANDARDS AND STRENGTHEN ENGAGEMENT FOR STUDENT LEARNING. PRE-SCHOOL READINESS - 37 SERVED & 74 FAMILY MEMBERS; CHARTER SCHOOL - 318 STUDENTS SERVED & 301 FAMILY MEMBERS; AFTER SCHOOL ENRICHMENT - 126 STUDENTS SERVED.
Expenses $6,700,170
-
ADULT PROGRAMS - ENGLISH-LANGUAGE LITERACY & CITIZENSHIP CLASSES, THROUGH A COMBINATION OF CLASSROOM INSTRUCTION AND TECHNOLOGY-ENHANCED CURRICULUM, STUDENTS ATTAIN AQUISTION OF THE ENGLISH LANGUAGE & CITIZENSHIP STATUS. THE ADULT HIGH SCHOOL DIPLOMA PROGRAM AND THE HISET TEST PREPARATION PROGRAM SUPPORT ACHIEVEMENT FOR INDIVIDUALS WHO ARE NO LONGER WITHIN THE TRADITIONAL SCHOOL SYSTEM TO ATTAIN A HIGH SCHOOL DIPLOMA BY COMPLETING THE A-G REQUIRED COURSES. THE PUENTE DIGITAL INITIATIVE CLASSES PREPARE STUDENTS FOR THE WORKFORCE THROUGH COMPUTER CAREER TRAINING, INCLUDING GOOGLE SUITE, MICROSOFT OFFICE, AND A+ COMPUTER CERTIFICATION OFFERING. COMMUNTY ENGAGEMENT - SEMINARS AND WORKSHOPS PROVIDE ADDITIONAL SUPPORT BY PROVIDING DIRECT ACCESS TO FINANCIAL, LEGAL & HEALTH INFORMATION AND RESOURCES FOR THE PUENTE STUDENT AND FAMILY COMMUNITY AND THE COMMUNITY AT-LARGE. YOUTH PROGRAMS - A COLLEGE AND CAREER PROGRAM, WITH CURRICULUM AND ADDITIONAL ENGAGEMENT SUPPORTS, DESIGNED FOR HIGH SCHOOL STUDENTS INTERESTED IN A CAREER IN THE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS FIELDS. SAT PREPARATION EXPANDS LOW-INCOME HIGH SCHOOL STUDENTS' OPPORTUNITIES FOR POST-SECONDARY EDUCATION THROUGH COMPREHENSIVE SAT PREP CLASSES AND COLLEGE TRANSITION WORKSHOPS. APPROXIMATELY 85% OF COLLEGE AND CAREER PROGRAM PARTICIPANTS ARE THE FIRST IN THEIR FAMILY TO GO TO COLLEGE. THE PUENTE SUMMER PROGRAM ENABLES ELEMENTARY-AGED STUDENTS TO CONTINUE THE MOMENTUM ACHIEVED DURING THE ACADEMIC YEAR AND TAKE CLASSES THAT ARE ENGAGING, ENRICHING, AND INCREASE SKILLS IN AREAS THAT MAY BE A CHALLENGE. SUMMER PROGRAM - 410 CHILDREN AND ADULTS SERVED. ENGLISH AS A SECOND LANGUGE - 764 STUDENTS SERVED; HIGH SCHOOL DIPLOMA - 228 STUDENTS SERVED; DIGITAL INITIATIVE - 250 STUDENTS SERVED; COMMUNITY ENGAGEMENT - 5164 INDIVIDUALS SERVED; YOUTH PROGRAMS - 716 STUDENTS SERVED.
Expenses $1,711,521
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jerome G GreeningJEROME G GREENING
CEO
- Total calculated
- $199,605
- From this org
- $187,089
- From related orgs
- $0
- Other
- $12,516
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $187,089
- Bonus
- not reported
- Other
- not reported
- Deferred
- $12,486
- Nontaxable benefits
- $30
- Filer's total
- $199,605
-
Angelica CastroANGELICA CASTRO
V.P. OF FINANCE & ADMIN
- Total calculated
- $149,146
- From this org
- $129,196
- From related orgs
- $0
- Other
- $19,950
- Hours/week
- 40
-
Matt WellsMATT WELLS
VICE PRESIDENT OF DEVELOPMENT
- Total calculated
- $132,048
- From this org
- $119,688
- From related orgs
- $0
- Other
- $12,360
- Hours/week
- 40
-
Brenda Meza
School Principal
- Total calculated
- $126,070
- From this org
- $116,152
- From related orgs
- $0
- Other
- $9,918
- Hours/week
- 40
-
Michele WolfeMICHELE WOLFE
Vice President of Programs
- Total calculated
- $107,253
- From this org
- $100,525
- From related orgs
- $0
- Other
- $6,728
- Hours/week
- 40
-
Oscar CabralesOSCAR CABRALES
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Chung WongCHUNG WONG
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Tyler Mp SutherlandTYLER MP SUTHERLAND
VICE-CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Jocelyn RosenwaldJOCELYN ROSENWALD
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Lara LightbodyLARA LIGHTBODY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Scott WilliamsSCOTT WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
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
- 3 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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
- 2023
- Filed
- 9 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501399349301125
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