Skip to content
Nonprofiteer
← LIVE OAK A LEARNING CENTER FOR CHILDREN

Form 990 for tax year 2022

Filed by LIVE OAK A LEARNING CENTER FOR CHILDREN.

Totals

Total revenue
$18,971,174
Total expenses
$19,681,459
Contributions and grants received
$1,117,670
Grants paid
$3,057,862
Program service revenue
$17,599,904
Investment income
$253,600
Other revenue
$0
Total assets, end of year
$59,839,840
Total liabilities, end of year
$37,982,391
Net assets or fund balances, end of year
$21,857,449
Program services expenses (Part IX)
$16,425,295
Management and general expenses
$2,529,235
Fundraising expenses
$726,929
Program service expenses (Part III)
$16,425,295

Program services were 83.5% 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.

  • 1f · All other contributions, gifts and grants

    $1,117,670

  • 1g · Noncash contributions included above

    $24,132

  • 2a · Program service revenue: TUITION & FEE

    total $17,503,873 · related or exempt $17,503,873

  • 2b · Program service revenue: OTHER INCOME

    total $96,031 · related or exempt $96,031

  • 3 · Investment income

    total $207,462 · excluded $207,462

  • 7a · Gross sales of assets other than inventory

    securities $23,706,528

  • 7b · Less cost or other basis and sales expenses

    securities $23,660,390

  • 7c · Gain or loss

    securities $46,138

  • 7d · Net gain or loss

    total $46,138 · excluded $46,138

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $3,057,862 · program services $3,057,862

  • 5 · Compensation of officers, directors and key employees

    total $1,196,956 · program services $878,566 · management and general $270,512 · fundraising $47,878

  • 7 · Other salaries and wages

    total $7,278,712 · program services $5,342,574 · management and general $1,644,989 · fundraising $291,149

  • 8 · Pension plan contributions

    total $418,058 · program services $306,855 · management and general $94,481 · fundraising $16,722

  • 9 · Other employee benefits

    total $512,792 · program services $376,389 · management and general $115,891 · fundraising $20,512

  • 10 · Payroll taxes

    total $604,990 · program services $444,062 · management and general $136,728 · fundraising $24,200

  • 11b · Fees: legal

    total $53,391 · program services $51,404 · management and general $1,490 · fundraising $497

  • 11c · Fees: accounting

    total $50,447 · program services $48,571 · management and general $1,407 · fundraising $469

  • 11g · Fees: other

    total $2,000 · program services $1,926 · management and general $56 · fundraising $18

  • 13 · Office expenses

    total $267,713 · management and general $97,203 · fundraising $170,510

  • 16 · Occupancy

    total $1,355,719 · program services $1,315,319 · management and general $40,400

  • 20 · Interest

    total $271,862 · program services $261,749 · management and general $7,585 · fundraising $2,528

  • 22 · Depreciation, depletion and amortization

    total $1,098,563 · program services $1,057,696 · management and general $30,650 · fundraising $10,217

  • 23 · Insurance

    total $103,348 · program services $99,504 · management and general $2,883 · fundraising $961

  • 24a · Other expenses: OTHER PROGRAM EXPENSES

    total $1,450,174 · program services $1,450,174

  • 24b · Other expenses: LUNCH PROGRAM

    total $659,241 · program services $659,241

  • 24c · Other expenses: FACILITIES MAINT/REPAIR

    total $550,993 · program services $530,496 · management and general $15,373 · fundraising $5,124

  • 24d · Other expenses: UTILITIES

    total $354,686 · program services $341,491 · management and general $9,896 · fundraising $3,299

  • 24e · All other expenses

    total $393,952 · program services $201,416 · management and general $59,691 · fundraising $132,845

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,299,323 · end of year $461,075

  • 2 · Savings and temporary cash investments

    beginning of year $9,638,795 · end of year $8,560,880

  • 3 · Pledges and grants receivable

    beginning of year $256,110 · end of year $251,910

  • 4 · Accounts receivable

    beginning of year $5,233 · end of year $11,078

  • 9 · Prepaid expenses and deferred charges

    beginning of year $284,928 · end of year $303,067

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

    $32,111,750

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

    $11,709,340

  • 10c · Land, buildings and equipment, net

    beginning of year $21,465,345 · end of year $20,402,410

  • 11 · Investments: publicly traded securities

    beginning of year $7,428,392 · end of year $9,280,603

  • 15 · Other assets

    beginning of year $111,595 · end of year $20,568,817

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,039,288 · end of year $956,270

  • 19 · Deferred revenue

    beginning of year $9,135,438 · end of year $8,645,074

  • 20 · Tax-exempt bond liabilities

    beginning of year $7,569,644 · end of year $7,305,387

  • 23 · Secured mortgages and notes payable

    beginning of year $455,087 · end of year $305,164

  • 25 · Other liabilities

    beginning of year $116,023 · end of year $20,770,496

  • 27 · Net assets without donor restrictions

    beginning of year $19,619,053 · end of year $19,269,883

  • 28 · Net assets with donor restrictions

    beginning of year $2,555,188 · end of year $2,587,566

Mission and programs · 2022

Mission

SEE SCHEDULE O.LIVE OAK SCHOOL SUPPORTS THE POTENTIAL AND PROMISE OF EACH STUDENT. WE PROVIDE A STRONG ACADEMIC FOUNDATION, FOSTER SKILLS TO EFFECT CHANGE, AND DEVELOP COURAGEOUS AND CONSCIENTIOUS LEARNERS FROM ALL BACKGROUNDS. WE INSPIRE STUDENTS TO ADVANCE EQUITY AND INCLUSION, TO ACT WITH COMPASSION AND INTEGRITY, AND TO PURSUE A LIFELONG PASSION FOR LEARNING.

Activities or mission (Part I)

SEE SCHEDULE O.FULL IN-PERSON LEARNING FOR THE 2022-23 SCHOOL YEAR. EXTENDED CARE, ATHLETICS, AND EXPERIENTIAL PROGRAMS (FIELD TRIPS, OUTDOOR EDUCATION, OVERNIGHT TRIPS) PROGRAMMED AS IN PRE-PANDEMIC YEARS. CONTINUED AGREEMENTS WITH KITCHEN VENDOR (FOR ALL SCHOOL LUNCH SERVICE), IT/NETWORKING CONSULTANTS, AND FACILITIES MANAGEMENT COMPANY.

  • EDUCATIONAL PROGRAM: LIVE OAK SCHOOL ENROLLED 419 STUDENTS AND OPERATED 174 SCHOOL DAYS WITH 117 STAFF.

    Expenses $16,137,773 · Grants $3,057,862 · Revenue $17,073,193

  • EXTENDED CARE: PROGRAMMING INCLUDES EXTENDED CARE, HOLIDAY CARE, ROOTS AND BRANCHES (SOCCER, TAEKWONDO, STEM, ETC.), AND PRIVATE MUSIC LESSONS.

    Expenses $287,522 · Revenue $526,711

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

Listed in Part VII

  • Regina Eberhart

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    4

  • Voltaire Villanueva

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Ajay Gopal

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Brenda McConathy

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Drew Williamson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Roseanne Barry

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Phil Gutierrez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Rachel Bernstein

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Hanmin Lee

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Joanne Cronin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Diana Lie

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Jules Day

    PGA CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Nate Lundy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Tom Murphy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Gina Patterson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Andrea Saint-Prix

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Jack Poindexter

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Evan Wolf

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Arleigh Giroux

    TRUSTEE/FACULTY

    Total calculated
    $125,374
    From this org
    $108,513
    From related orgs
    $0
    Other
    $16,861
    Hours/week
    41

  • Jill Pierce

    TRUSTEE/FACULTY

    Total calculated
    $103,535
    From this org
    $89,082
    From related orgs
    $0
    Other
    $14,453
    Hours/week
    41

  • Virginia Paik

    HEAD OF SCHOOL

    Total calculated
    $582,712
    From this org
    $545,428
    From related orgs
    $0
    Other
    $37,284
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $418,171
    Bonus
    $50,000
    Other
    $77,257
    Deferred
    $29,272
    Nontaxable benefits
    $8,012
    Filer's total
    $582,712

  • Erik Paxman

    DIRECTOR OF FINANCE & OPS.

    Total calculated
    $262,511
    From this org
    $238,892
    From related orgs
    $0
    Other
    $23,619
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $238,892
    Bonus
    $0
    Other
    $0
    Deferred
    $14,334
    Nontaxable benefits
    $9,285
    Filer's total
    $262,511

  • Victoria Ladew

    LOWER SCHOOL HEAD

    Total calculated
    $194,944
    From this org
    $176,640
    From related orgs
    $0
    Other
    $18,304
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $176,640
    Bonus
    $0
    Other
    $0
    Deferred
    $10,598
    Nontaxable benefits
    $7,706
    Filer's total
    $194,944

  • Tracey Gersten

    DIRECTOR OF ADMISSIONS

    Total calculated
    $194,451
    From this org
    $166,787
    From related orgs
    $0
    Other
    $27,664
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $166,787
    Bonus
    $0
    Other
    $0
    Deferred
    $11,675
    Nontaxable benefits
    $15,989
    Filer's total
    $194,451

  • Mary Ann Chin Ng

    DIRECTOR OF LEARNING SRVCS

    Total calculated
    $144,670
    From this org
    $134,790
    From related orgs
    $0
    Other
    $9,880
    Hours/week
    50

  • Francisca Guzman

    DIRECTOR OF ADVANCEMENT

    Total calculated
    $148,493
    From this org
    $133,275
    From related orgs
    $0
    Other
    $15,218
    Hours/week
    50

  • Adrian Sills-Takyi

    DIR. OF DIVERSITY EQUITY & INCLUSION

    Total calculated
    $138,471
    From this org
    $123,209
    From related orgs
    $0
    Other
    $15,262
    Hours/week
    50

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

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 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
11 March 2024
IRS schema version
2022v5.0
Source object
202420719349301262

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.