Nonprofit · EIN 95-4810579
THE CITY SCHOOL
Tax-exempt · LAKE BALBOA, CA 91406
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $365,709 | $451,035 | -$85,326 | $132,020 | $66,368 | $65,652 |
| December 31, 2023 | 990 | $563,411 | $480,405 | $83,006 | $203,066 | $52,089 | $150,977 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $20,447
- Program service revenue
- $342,384
- Investment income
- $5
- Net rental income
- $1,180
- Other revenue
- $2,873
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $271,793
- Salaries, compensation and benefits (total)
- $305,690
- Professional fundraising fees
- $0
- Legal fees
- $842
- Accounting fees
- $744
- Occupancy
- $89,375
- Depreciation
- $637
- Program services (functional)
- $451,035
Balance sheet and other
- Total assets, start of year
- $203,066
- Total assets, end of year
- $132,020
- Total liabilities, end of year
- $66,368
- Net assets, end of year
- $65,652
- Land, buildings and equipment
- $6,197
- Gross receipts
- $365,709
- Employees
- 20
- Volunteers
- 75
- Year formed
- 2000
- 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 |
|---|---|---|---|
| Nicolas Farmakalidis | Board Chair Trustee or director | 15 | $0 |
| Cesar Vega | Vice President Trustee or director | 15 | $0 |
| Almut Schroeder | Officer Trustee or director | 15 | $0 |
| Mariela Henares | Secretary Trustee or director | 15 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicolas Farmakalidis | Board Chair Trustee or director | 15 | $0 |
| Cesar Vega | Vice President Trustee or director | 15 | $0 |
| Almut Schroeder | Officer Trustee or director | 15 | $0 |
| Mariela Henares | Secretary Trustee or director | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 17424 SHERMAN WAY, LAKE BALBOA, CA 91406-3506
- Principal officer (990 for 2024)
- Nicolas Farmakalidis, 17424 Sherman Way, Van Nuys, CA 91406
- Signed the 990
- Nicolas Farmakalidis, Board Chair
- Phone
- (818) 776-0011
- Return prepared by
- Thomas Tax Group Inc
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4810579 or by the name THE CITY 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
Private school with a regularly enrolled student body, an established Waldorf curriculum, and a full-time faculty
Program accomplishments
- A fully recognized and operational non-profit center for learningExpenses $451,035 · grants $1 · revenue $365,709
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
- 95-4810579
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $132,020
- Income (IRS master file)
- $365,709
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $365,709 | $451,035 | $132,020 | IRS |
| 990 | December 2023 | $563,411 | $480,405 | $203,066 | IRS |
| 990 | December 2022 | $520,991 | $544,729 | $127,313 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 95-4810579).
Questions about THE CITY SCHOOL
- What is the EIN of THE CITY SCHOOL?
- The employer identification number (EIN) of THE CITY SCHOOL is 95-4810579.
- Is THE CITY SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to THE CITY SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE CITY 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 THE CITY SCHOOL 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 THE CITY SCHOOL 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 THE CITY SCHOOL?
- The 990 for the year ended December 31, 2024 names Nicolas Farmakalidis.
- Who are the officers and directors of THE CITY SCHOOL?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does THE CITY SCHOOL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $365,709, expenses of $451,035 and total assets of $132,020 at year end.
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