Puente Learning Center
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Puente Learning Center meets the 20 Standards for Charity Accountability.
Stated Purpose:
PUENTE is an acronym for "People United to Enrich the Neighborhood Through Education." PUENTE is also the Spanish word for "bridge," since the organization provides a bridge to opportunity, learning, and economic self-sufficiency.
Year, State Incorporated:
1989, CA
Children
PUENTE Preschool and Charter Elementary School provides CA State Preschool Program (serves 42), transitional kindergarten/kindergarten, 1st and 2nd grade (serves 165). Charter School to serve grades TK-5, adding one grade level each year through 2022.
Afterschool and Summer Camp Enrichment Afterschool Enrichment is offered in partnership with Think Together during the academic year (serves 80). Additionally, PUENTE serves pre-K-6 students during its 4-week Summer Camp to avoid the "summer slide" loss of knowledge (serves 150).
Youth.
College and Career Starting in 9th grade and providing continual services for up to 10 years, the program empowers students to graduate high school, persist through college, obtain a competitive STEM degree, and realize professional success (serves 415).
Adults
High School Diploma & HiSET Certification promotes lifelong learning for adults through partnerships with Los Angeles Unified School District and Los Angeles City College (serves 299).
ESL Classes empower parents and adults to gain needed language skills so they can engage more actively in their children's education or improve their economic opportunities. Classes are offered in partnerships with Los Angeles Unified School District and Los Angeles City College (serves 873).
Digital Initiatives creates pathways to gainful and skills-based employment for adults seeking to increase their job opportunities (serves 115).
Community.
Community Engagement brings partners to the facility to provide supportive services such as Financial Literacy and Immigration - Know Your Rights workshops (serves 572).
For the year ended June 30, 2024, Puente Learning Center's program expenses were:
| Programs | $8,756,631 |
| Total Program Expenses | $8,756,631 |
Chief Executive
Jerome Greening, CEO
Compensation*
$182,497
Chair of the Board
Tyler Press , Community Volunteer
Chair's Profession / Business Affiliation
Board Size
9
Paid Staff Size
75
* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Puente Learning Center's audited financial statements for the year ended June 30, 2024.
Source of Funds
| Charter School | $5,966,966 |
| Investment Return | $3,182,546 |
| Contributions and Grants | $550,717 |
| CA State Preschool Program contract | $371,533 |
| In-Kind Donations | $360,125 |
| Early Education | $217,429 |
| After School Education and Safety | $152,612 |
| Special Events | $61,596 |
| Interest Income | $10,401 |
| Other Revenues | $7,693 |
| Total Income | $10,881,618 |
Programs: 92% Fundraising: 3% Administrative: 5%
| Total Income | $10,881,618 |
| Total expenses: | $9,497,910 |
| Program expenses | $8,756,631 |
| Fundraising expenses | $250,485 |
| Administrative expenses | $490,794 |
| Other expenses | $0 |
| Income in Excess of Expenses | $1,383,708 |
| Beginning Net Assets | $30,848,475 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $32,232,183 |
| Total Liabilities | $1,591,887 |
| Total Assets | $33,824,070 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
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Report completed by:
BBB of Los Angeles & Silicon Valley