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THE ELMWOOD ACADEMY

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Public IRS 990 nonprofit record

THE ELMWOOD ACADEMY

EIN 47-1433197 · Primary & Elementary Schools (B24)

What they do

THE ACADEMYS PRIMARY PURPOSE is to EDUCATE CHILDREN IN KINDERGARTEN THROUGH EIGHTH GRADE BY DEVELOPING THOUGHTFUL, AMBITIOUS, and DEEP LEARNERS. THE ACADEMY HONORS EACH STUDENTS INDIVIDUALITY WHILE CULTIVATING THEIR SENSE of INTEGRITY, THEIR RESPECT for OTHERS, and THEIR COMMITMENT to SERVICE IN A GLOBAL SOCIETY.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $84.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

98.91%of revenue went to mission work84.4% of expenses · Program services
2.82%of revenue went to fundraising2.4% of expenses
$117.19spent for every $100 of revenueSpending was higher than revenue this year.
15.46%of revenue went to management and office costs13.2% of expenses
$1.50in assets for every $1 spent this yearSome assets cannot be spent right away.
4.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $666,857 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $203,221 for CELESTE PENNEY (HEAD OF SCHOOL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,879,266
Mission workProgram services$3,836,96498.91% of revenue84.4% of expenses
ManagementOffice and general costs$599,72715.46% of revenue13.2% of expenses
FundraisingAsking for donations$109,4322.82% of revenue2.4% of expenses
Total expenses$4,546,123117.19% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 84.4% mission · 13.2% management · 2.4% fundraisingTotal expenses: 117.19% of revenue
2023Expense mix: 86.0% mission · 11.3% management · 2.8% fundraisingTotal expenses: 103.67% of revenue
2022Expense mix: 79.6% mission · 19.3% management · 1.1% fundraisingTotal expenses: 93.43% of revenue
2021Expense mix: 73.5% mission · 26.4% management · 0.0% fundraisingTotal expenses: 92.00% of revenue
2020Expense mix: 72.5% mission · 27.5% management · 0.0% fundraisingTotal expenses: 86.42% of revenue
2019Expense mix: 70.2% mission · 29.8% management · 0.0% fundraisingTotal expenses: 95.15% of revenue
2018Expense mix: 71.6% mission · 28.4% management · 0.0% fundraisingTotal expenses: 94.51% of revenue
2017Expense mix: 72.4% mission · 27.6% management · 0.0% fundraisingTotal expenses: 99.94% of revenue

Money in and money out

Revenue$3,879,266
Expenses$4,546,123
Annual shortfall $666,857 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,836,964 · 84.4% of expenses
Management and office costs$599,727 · 13.2% of expenses
Fundraising$109,432 · 2.4% of expenses
See all reported dollar amounts
Revenue$3,879,266
Expenses$4,546,123
Assets$6,807,567
Income$3,879,266
Contributions$165,926
Mission work (program services)$3,836,964
Fundraising$109,432
Management and general$599,727
Accounting fees$122,379
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
CELESTE PENNEYHEAD OF SCHOOL · 40 hrs/week $203,221

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (6)

CELESTE PENNEYHEAD OF SCHOOL

JOHNATHAN WALSHTRUSTEE

LINDA JANOUROVA-TANGSECRETARY

SORAYA ROFAGHAFINANCE CHAIR

VIVEK MOHTABOARD CHAIR

ZARIN NOORTRUSTEE

About this charity

Recognized since
January 2015
Location
2722 BENVENUE AVENUE, BERKELEY, CA 94705
County
Alameda
In care of
CELESTE PENNEY
Primary officer
CELESTE PENNEY, HEAD OF SCHOOL

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
LINDQUIST VON HUSEN & JOYCE LLP
NTEE classification
Primary & Elementary Schools (B24)
IRS tax category
Primary & Elementary Schools

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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