Nonprofit · EIN 83-1590154
GRAY ACADEMY
Tax-exempt · PACIFIC PLSDS, CA 90272
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $278,172 | $341,240 | -$63,068 | $358,255 | $0 | $358,255 |
| December 31, 2023 | 990 | $236,216 | $494,248 | -$258,032 | $421,323 | $0 | $421,323 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $9,606
- Program service revenue
- $268,566
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $131,179
- Salaries, compensation and benefits (total)
- $141,673
- Professional fundraising fees
- $0
- Legal fees
- $991
- Accounting fees
- $3,500
- Occupancy
- $108,859
- Depreciation
- $1,171
- Program services (functional)
- $258,981
- Management and general (functional)
- $80,842
- Fundraising (functional)
- $1,417
Balance sheet and other
- Total assets, start of year
- $421,323
- Total assets, end of year
- $358,255
- Total liabilities, end of year
- $0
- Net assets, end of year
- $358,255
- Land, buildings and equipment
- $31,223
- Gross receipts
- $278,172
- Employees
- 9
- Volunteers
- 3
- Year formed
- 2018
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTEN GRAY | DIRECTOR & CEO Trustee or director, Officer | 40 | $0 |
| GORDON GRAY | DIRECTOR & SECRETARY Trustee or director, Officer | 2 | $0 |
| EMILY PARK | DIRECTOR & CFO Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTEN GRAY | DIRECTOR & CEO Trustee or director, Officer | 40 | $0 |
| GORDON GRAY | DIRECTOR & SECRETARY Trustee or director, Officer | 2 | $0 |
| EMILY PARK | DIRECTOR & CFO Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 528 PALISADES DR, PACIFIC PLSDS, CA 90272-2844
- In care of
- % KRISTEN GRAY
- Principal officer (990 for 2024)
- KRISTEN GRAY, 12318 VENICE BLVD, LOS ANGELES, CA 90066
- Signed the 990
- KRISTEN GRAY, DIRECTOR & CEO
- Phone
- (310) 393-5115
- Website
- THEGRAYACADEMY.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
California records
California keeps its own records of charities and corporations. Search them by EIN 83-1590154 or by the name GRAY ACADEMY.
- 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
MANAGE, OPERATE, GUIDE, DIRECT AND PROMOTE A SCHOOL FOR CHILDREN WITH NEUROLOGICAL DISORDERS.
Program accomplishments
- PRIVATE ELEMENTARY SCHOOL SERVING CHILDREN FROM AGES 4 1/2-13 (TK-7TH GRADE). PROVIDES CUSTOM, INDIVIDUALIZED ACADEMIC INSTRUCTION WITH TRADITIONAL THERAPEUTIC INTERVENTIONS SUCH AS OCCUPATIONAL THERAPY, PHYSICAL THERAPY, AND SPEECH THERAPY ALONG WITH ENRICHMENT ACTIVITIES.Expenses $258,981 · revenue $268,566
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-1590154
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B28)
- Assets (IRS master file)
- $358,255
- Income (IRS master file)
- $278,172
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $278,172 | $341,240 | $358,255 | XML |
| 990 | December 2023 | $236,216 | $494,248 | $421,323 | XML |
| 990 | December 2022 | $743,557 | $266,254 | $685,985 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 83-1590154).
Questions about GRAY ACADEMY
- What is the EIN of GRAY ACADEMY?
- The employer identification number (EIN) of GRAY ACADEMY is 83-1590154.
- Is GRAY ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to GRAY ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRAY ACADEMY 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 GRAY ACADEMY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRAY ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GRAY ACADEMY?
- The 990 for the year ended December 31, 2024 names KRISTEN GRAY.
- Who are the officers and directors of GRAY ACADEMY?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does GRAY ACADEMY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $278,172, expenses of $341,240 and total assets of $358,255 at year end.
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