Nonprofit · EIN 20-5619990
IVY BOUND ACADEMY CHARTER SCHOOL
Tax-exempt · SHERMAN OAKS, CA 91403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,679,530 | $3,546,864 | -$1,867,334 | $992,005 | $409,719 | $582,286 |
| June 30, 2024 | 990 | $2,290,916 | $2,948,264 | -$657,348 | $6,449,895 | $4,000,275 | $2,449,620 |
| June 30, 2023 | 990 | $2,450,919 | $3,019,259 | -$568,340 | $7,495,364 | $4,388,396 | $3,106,968 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,618,059
- of which government grants
- $1,590,955
- Program service revenue
- $0
- Investment income
- $61,471
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $124,100
- Other salaries and wages
- $1,300,239
- Salaries, compensation and benefits (total)
- $1,776,386
- Professional fundraising fees
- $0
- Legal fees
- $44,182
- Accounting fees
- $12,400
- Occupancy
- $111,581
- Depreciation
- $317,919
- Program services (functional)
- $2,386,225
- Management and general (functional)
- $1,140,400
- Fundraising (functional)
- $20,239
Balance sheet and other
- Total assets, start of year
- $6,449,895
- Total assets, end of year
- $992,005
- Total liabilities, end of year
- $409,719
- Net assets, end of year
- $582,286
- Land, buildings and equipment
- $9,469
- Net assets without donor restrictions
- $582,286
- Gross receipts
- $1,679,530
- Employees
- 22
- Year formed
- 2007
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHEN BLUESTEIN | EXECUTIVE DIRECTOR | 40 | $218,958 | $42,005 |
| SHAWN HUNTSINGER | Executive Dir. Officer | 40 | $124,100 | $29,223 |
| JULIE CHOU | BUS & HR MANAGER | 40 | $100,847 | $0 |
| AMIR ALIMARDANI | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| DR GRETTA MADJZOOB | Director Trustee or director | 2 | $0 | $0 |
| DOUG PFENDLER | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| DR PETE GOLDSCHMIDT | Director Trustee or director | 2 | $0 | $0 |
| DAVID GOLDENBERG | Chairman Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR STEPHEN B BLUESTEIN | Executive Dir. Trustee or director | 40 | $207,273 | $38,636 |
| SHAWN HUNTSINGER | Executive Dir. Officer | 40 | $115,872 | $27,506 |
| AMIR ALIMARDANI | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| DR GRETTA MADJZOOB | Director Trustee or director | 2 | $0 | $0 |
| DOUG PFENDLER | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| DR PETE GOLDSCHMIDT | Director Trustee or director | 2 | $0 | $0 |
| DAVID GOLDENBERG | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| MARYAM SOBOUTI | BUSINESS MANAGER | 40 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR STEPHEN B BLUESTEIN | Executive Dir. Trustee or director | 40 | $186,913 | $33,861 |
| MICHAEL PARIS | MENTOR PRINCIPAL | 40 | $109,847 | $25,356 |
| MARYAM SOBOUTI | BUSINESS MANAGER | 40 | $59,612 | $0 |
| AMIR ALIMARDANI | Director Trustee or director | 2 | $0 | $0 |
| DR GRETTA MADJZOOB | Director Trustee or director | 2 | $0 | $0 |
| DOUG PFENDLER | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| DR PETE GOLDSCHMIDT | Director Trustee or director | 2 | $0 | $0 |
| DAVID GOLDENBERG | Chairman Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 15355 MORRISON ST, SHERMAN OAKS, CA 91403-1514
- In care of
- % KLUMARS ARZANI
- Principal officer (990 for 2024)
- SHAWN HUNTSINGER, 15355 MORRISON STREET, SHERMAN OAKS, CA 91403
- Signed the 990
- AMIR ALIMARDANI, Treasurer
- Phone
- (818) 808-0158
- Return prepared by
- Wilkinson Hadley King & Co LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 20-5619990 or by the name IVY BOUND ACADEMY CHARTER SCHOOL.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
EDUCATION
Program accomplishments
- IVY BOUND CHARTER SCHOOL PROVIDES A FIRST RATE EDUCATION WITHOUT THE COST OF A PRIVATE SCHOOL TO STUDENTS IN GRADES FIFTH THROUGH EIGHTH GRADE.Expenses $2,386,225
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5619990
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B200)
- Assets (IRS master file)
- $992,005
- Income (IRS master file)
- $1,679,530
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,679,530 | $3,546,864 | $992,005 | IRS |
| 990 | June 2024 | $2,290,916 | $2,948,264 | $6,449,895 | IRS |
| 990 | June 2023 | $2,450,919 | $3,019,259 | $7,495,364 | XML |
| 990 | June 2022 | $4,356,528 | $4,301,136 | $3,968,838 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5619990).
Questions about IVY BOUND ACADEMY CHARTER SCHOOL
- What is the EIN of IVY BOUND ACADEMY CHARTER SCHOOL?
- The employer identification number (EIN) of IVY BOUND ACADEMY CHARTER SCHOOL is 20-5619990.
- Is IVY BOUND ACADEMY CHARTER SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to IVY BOUND ACADEMY CHARTER SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IVY BOUND ACADEMY CHARTER SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IVY BOUND ACADEMY CHARTER SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IVY BOUND ACADEMY CHARTER SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of IVY BOUND ACADEMY CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 names SHAWN HUNTSINGER.
- Who are the officers and directors of IVY BOUND ACADEMY CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 lists 8 people; 3 received compensation from the organization, the highest $218,958 (STEPHEN BLUESTEIN, EXECUTIVE DIRECTOR).
- How much revenue does IVY BOUND ACADEMY CHARTER SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,679,530, expenses of $3,546,864 and total assets of $992,005 at year end.
Other nonprofits in SHERMAN OAKS
- RESSLER GERTZ FOUNDATION EIN 31-1533199 · last filed 990-PF for 2024
- PRAGER UNIVERSITY FOUNDATION EIN 27-1763901 · last filed 990 for 2025
- NEW SCHOOL FOR CHILD DEVELOPMENT A NON-PROFIT CORP EIN 95-3295132 · last filed 990 for 2025
- AMERICAN JEWISH UNIVERSITY EIN 95-1684064 · last filed 990 for 2025
- H E L P GROUP WEST EIN 95-4750066 · last filed 990 for 2025
- THE RODDENBERRY FOUNDATION EIN 95-4755672 · last filed 990-PF for 2024
- RISE ACTION FUND EIN 82-1876815 · last filed 990 for 2024
- SUMMIT VIEW SCHOOL EIN 95-4557774 · last filed 990 for 2025