Civic Intelligence

Turlock Schools Financing Corporation

EIN 20-8082327 • 501(c)2 • Turlock, CA

Profile

The corporation is organized under the california nonprofit public benefit corporation law for public purposes to provide financing assistance to turlock unified school district.

1574 East Canal DriveTurlock, CA 95380

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)2 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2025

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

501(c)2 • $1M-$5M nonprofits • Source year 2025

Asset Growth

9th percentile

-13%

Faster asset growth than 9% of similar nonprofits.

501(c)2 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$3,020,752

Down $457,324 (-13%) from 2024

Liabilities

Down

$3,020,752

Down $457,324 (-13%) from 2024

Net Assets

Flat

$0

Flat from 2024

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2024

Expenses

Flat

$0

Flat from 2024

Net Income

Flat

$0

Flat from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $7,795,000Liabilities 2012: $7,795,000Net Assets 2012: $02012Assets 2013: $7,510,000Liabilities 2013: $7,510,000Net Assets 2013: $02013Assets 2014: $7,215,000Liabilities 2014: $7,215,000Net Assets 2014: $02014Assets 2015: $6,910,000Liabilities 2015: $6,910,000Net Assets 2015: $02015Assets 2016: $6,706,543Liabilities 2016: $6,706,543Net Assets 2016: $02016Assets 2017: $6,342,739Liabilities 2017: $6,342,739Net Assets 2017: $02017Assets 2018: $5,970,369Liabilities 2018: $5,970,369Net Assets 2018: $02018Assets 2019: $5,585,220Liabilities 2019: $5,585,220Net Assets 2019: $02019Assets 2020: $5,187,776Liabilities 2020: $5,187,776Net Assets 2020: $02020Assets 2021: $4,778,224Liabilities 2021: $4,778,224Net Assets 2021: $02021Assets 2022: $4,357,200Liabilities 2022: $4,357,200Net Assets 2022: $02022Assets 2023: $3,925,210Liabilities 2023: $3,925,210Net Assets 2023: $02023Assets 2024: $3,478,076Liabilities 2024: $3,478,076Net Assets 2024: $02024Assets 2025: $3,020,752Liabilities 2025: $3,020,752Net Assets 2025: $02025

Highlighted filing

2025

Assets$3,020,752
Liabilities$3,020,752
Net Assets$0
Open 2025 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$0Revenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024Revenue 2025: $0Expenses 2025: $0Net Income 2025: $02025

Highlighted filing

2025

Revenue$0
Expenses$0
Net Income$0
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$3,020,752
Liabilities
$3,020,752
Net assets
$0
Revenue
$0
Expenses
$0
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$3.02$0.00$0.00$0.00$0.00
2024Summary only. Only limited summary data is available for this year.$3.48$3.48$0.00$0.00$0.00$0.00
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.93$3.93$0.00$0.00$0.00$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.36$4.36$0.00$0.00$0.00$0.00
2021Summary only. Only limited summary data is available for this year.$4.78$4.78$0.00$0.00$0.00$0.00
2020Summary only. Only limited summary data is available for this year.$5.19$5.19$0.00$0.00$0.00$0.00
2019Summary only. Only limited summary data is available for this year.$5.59$5.59$0.00$0.00$0.00$0.00
2018Summary only. Only limited summary data is available for this year.$5.97$5.97$0.00$0.00$0.00$0.00
2017Summary only. Only limited summary data is available for this year.$6.34$6.34$0.00$0.00$0.00$0.00
2016Summary only. Only limited summary data is available for this year.$6.71$6.71$0.00$0.00$0.00$0.00
2015Summary only. Only limited summary data is available for this year.$6.91$6.91$0.00$0.00$0.00$0.00
2014Summary only. Only limited summary data is available for this year.$7.22$7.22$0.00$0.00$0.00$0.00
2013Summary only. Only limited summary data is available for this year.$7.51$7.51$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$7.80$7.80$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jul 29, 2025
Return Version
2024v5.2
Gross Receipts
$97,482
Mission and Program Overview

Mission

The corporation is organized under the california nonprofit public benefit corporation law for public purposes to provide financing assistance to turlock unified school district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$0-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Other Assets Total$3,478,076$3,020,752▼ $457,324
Total Assets$3,478,076$3,020,752▼ $457,324
Liabilities
Other Liabilities$3,478,076$3,020,752▼ $457,324
Total Liabilities$3,478,076$3,020,752▼ $457,324
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$3,478,076$3,020,752▼ $457,324

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$3,020,752--
Compensation and Service Providers
Top Officer Pay56th percentile

Board Members and Trustees

NameTitle
Anthony SilvaPresident
Anna RamirezTrustee
Debbie MartinezTrustee
Mary JacksonTrustee
Patrick ShieldsTrustee
Patti EighmeyTrustee
Marjorie BettencourtCFO
Lori CarlsonClerk
David LattigSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Debt to Bok Financial$3,020,752
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Each member of the governing board receives a copy of the form 990 prior to filing. They review the form 990 and have an opportunity to ask questions and propose suggested revisions prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Each board trustee is also a trustee of the related party turlock unified school district. The school district trustees and officers are subject to the conflict of interest laws under the california fair political practices commission procedures. District staff monitors compliance with all laws and procedures.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Turlock Schools Financing Corporation
EIN
20-8082327
Phone
2096670632
Address
1574 EAST CANAL DRIVE, TURLOCK, CA 95380

Signing Officer

Name
Marjorie Bettencourt
Title
CFO
Signed
2025-07-29
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
0
Employees
0

Preparer

Firm
Dritsas Groom McCormick LLP
Address
7511 N Remington Ave Suite 101, Fresno, CA 93711
Preparer
Rm Pound Iii
Phone
5594478484
Raw XML Appendix355 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3CLERK
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH MEMBER OF THE GOVERNING BOARD RECEIVES A COPY OF THE FORM 990 PRIOR TO FILING. THEY REVIEW THE FORM 990 AND HAVE AN OPPORTUNITY TO ASK QUESTIONS AND PROPOSE SUGGESTED REVISIONS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD TRUSTEE IS ALSO A TRUSTEE OF THE RELATED PARTY TURLOCK UNIFIED SCHOOL DISTRICT. THE SCHOOL DISTRICT TRUSTEES AND OFFICERS ARE SUBJECT TO THE CONFLICT OF INTEREST LAWS UNDER THE CALIFORNIA FAIR POLITICAL PRACTICES COMMISSION PROCEDURES. DISTRICT STAFF MONITORS COMPLIANCE WITH ALL LAWS AND PROCEDURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MARJORIE BETTENCOURT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TURLOCK SCHOOLS FINANCING CORPORATION
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0942782187
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Dritsas Groom McCormick LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07511 N Remington Ave Suite 101
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ReturnHeader/PreparerPersonGrp/PhoneNum05594478484
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RM POUND III
ReturnHeader/ReturnTs02025-07-29T09:03:17-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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