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Nonprofiteer
← PUENTE LEARNING CENTER

Form 990 for tax year 2022

Filed by PUENTE LEARNING CENTER.

Totals

Total revenue
$7,251,654
Total expenses
$8,190,503
Contributions and grants received
$7,084,754
Grants paid
$517
Program service revenue
$100
Investment income
$152,728
Other revenue
$14,072
Total assets, end of year
$32,319,745
Total liabilities, end of year
$1,471,270
Net assets or fund balances, end of year
$30,848,475
Program services expenses (Part IX)
$7,463,662
Management and general expenses
$519,076
Fundraising expenses
$207,765
Program service expenses (Part III)
$7,463,662

Program services were 91.1% 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

    $57,241

  • 1e · Government grants (contributions)

    $6,151,165

  • 1f · All other contributions, gifts and grants

    $876,348

  • 1g · Noncash contributions included above

    $69,115

  • 2a · Program service revenue: REGISTRATION FEES

    total $100 · related or exempt $100

  • 3 · Investment income

    total $152,728 · excluded $152,728

  • 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

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $3,198

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

    $57,241

  • 8b · Fundraising events: direct expenses

    $26,314

  • 8c · Net income from fundraising events

    total -$23,116 · excluded -$23,116

  • 9a · Gaming: gross income

    $2,695

  • 9b · Gaming: direct expenses

    $2,507

  • 9c · Net income from gaming

    total $188 · excluded $188

  • 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 $37,000 · unrelated business $6,000 · excluded $31,000

  • 11e · Other revenue, total

    $37,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $517 · program services $517

  • 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 $675,814 · program services $638,052 · management and general $20,049 · fundraising $17,713

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $3,222,031 · program services $3,041,996 · management and general $95,586 · fundraising $84,449

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $481,701 · program services $443,347 · management and general $26,133 · fundraising $12,221

  • 10 · Payroll taxes

    total $283,619 · program services $269,293 · management and general $7,192 · fundraising $7,134

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $63,736 · program services $59,325 · management and general $3,529 · fundraising $882

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $1,879,325 · program services $1,791,447 · management and general $61,819 · fundraising $26,059

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $145,595 · program services $114,171 · management and general $21,370 · fundraising $10,054

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $134,601 · program services $117,382 · management and general $14,382 · fundraising $2,837

  • 17 · Travel

    total $13,027 · program services $8,462 · management and general $2,559 · fundraising $2,006

  • 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 $511,845 · program services $322,737 · management and general $163,484 · fundraising $25,624

  • 23 · Insurance

    total $124,680 · program services $116,982 · management and general $5,411 · fundraising $2,287

  • 24a · Other expenses: BAD DEBT

    total $15,989 · program services $15,989

  • 24b · Other expenses: DUES & SUBSCRIPTION

    total $101,698 · program services $93,405 · management and general $4,237 · fundraising $4,056

  • 24c · Other expenses: EQUIPMENT RENTAL & MAINTENANCE

    total $138,887 · program services $74,533 · management and general $63,864 · fundraising $490

  • 24d · Other expenses: TELEPHONE

    total $29,606 · program services $27,826 · management and general $1,165 · fundraising $615

  • 24e · All other expenses

    total $367,832 · program services $328,198 · management and general $28,296 · fundraising $11,338

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,012,550 · end of year $1,364,210

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $832,853 · end of year $128,764

  • 4 · Accounts receivable

    beginning of year $472,787 · end of year $489,318

  • 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 $14,061 · end of year $20,948

  • 9 · Prepaid expenses and deferred charges

    beginning of year $59,594 · end of year $93,847

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

    $16,556,393

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

    $9,727,076

  • 10c · Land, buildings and equipment, net

    beginning of year $6,662,355 · end of year $6,829,317

  • 11 · Investments: publicly traded securities

    beginning of year $19,172,673 · end of year $23,334,833

  • 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 $58,508

  • 17 · Accounts payable and accrued expenses

    beginning of year $274,040 · end of year $624,946

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $235,807 · end of year $846,324

  • 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 $16,787,248 · end of year $20,052,234

  • 28 · Net assets with donor restrictions

    beginning of year $10,988,286 · end of year $10,796,241

Mission and programs · 2022

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 - 41 SERVED & 82 FAMILY MEMBERS; CHARTER SCHOOL - 244 STUDENTS SERVED & 320 FAMILY MEMBERS; AFTER SCHOOL ENRICHMENT - 80 STUDENTS SERVED.

    Expenses $1,541,983

  • 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 - 425 CHILDREN AND ADULTS SERVED. ENGLISH AS A SECOND LANGUGE - 850 STUDENTS SERVED; HIGH SCHOOL DIPLOMA - 280 STUDENTS SERVED; DIGITAL INITIATIVE - 52 STUDENTS SERVED; COMMUNITY ENGAGEMENT - 2750 INDIVIDUALS SERVED; YOUTH PROGRAMS - 350 STUDENTS SERVED.

    Expenses $5,921,679 · Revenue $100

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jerome G Greening

    CEO

    Total calculated
    $182,497
    From this org
    $172,924
    From related orgs
    $0
    Other
    $9,573
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,924
    Bonus
    not reported
    Other
    not reported
    Deferred
    $9,543
    Nontaxable benefits
    $30
    Filer's total
    $182,497

  • Angelica Castro

    V.P. OF FINANCE & ADMIN

    Total calculated
    $130,824
    From this org
    $121,569
    From related orgs
    $0
    Other
    $9,255
    Hours/week
    40

  • Matt Wells

    VICE PRESIDENT OF DEVELOPMENT

    Total calculated
    $121,515
    From this org
    $113,241
    From related orgs
    $0
    Other
    $8,274
    Hours/week
    40

  • Brenda Meza

    School Principal

    Total calculated
    $110,286
    From this org
    $102,496
    From related orgs
    $0
    Other
    $7,790
    Hours/week
    40

  • Michele Wolfe

    Vice President of Programs

    Total calculated
    $99,390
    From this org
    $94,319
    From related orgs
    $0
    Other
    $5,071
    Hours/week
    40

  • Oscar Cabrales

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Greg Gonzalez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Chung Wong

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Tyler Mp Sutherland

    VICE-CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Jocelyn Rosenwald

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Lara Lightbody

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Albert Reyes

    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
2022
Filed
10 May 2024
IRS schema version
2022v5.0
Source object
202411349349309166

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