They are in a race against time. If the school does not raise $200,000 by early next week, it will be forced to shut its doors for good.
Since last week, more than $120,000 has been raised for the school on Zelzah Avenue. It has been operating for nearly 60 years.
They have done it $1 at a time through bake sales and a lot more.
"By every means possible, from lemonade stands and garage sales to contacting local businesses," said parent Nancy Wright. "We've got kids selling chocolate bars."
"Every single parent here has put their whole heart into this cause, or crusade as we're calling it, because we're not going to go down," said another parent, David Aguilar.
One child said he took $100 from his savings, placed it in a donation box and took one candy in exchange.
"I like this school because I have a lot of friends that are friendly and the teachers are really kind to us," said another student, Nona Pittman.
The school has enrolled about 70 students of which 20 were added in the last week. They'd like to get the student body to about 90 to bolster their finances.
To make a donation to save Granada Hills Baptist Elementary School, click here.