Civic Intelligence

Venice High Alumni Association

990 • Fiscal year 2019 • EIN 23-7024946

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 07, 2020

2435 Walgrove BlvdLos Angeles, CA 90066

(310) 488-1418

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

76th percentile

20%

Higher net margin than 76% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

74th percentile

23%

Faster asset growth than 74% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

90%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$144,330

Up $27,325 (+23%) from 2018

Net Assets

Up

$144,329

Up $27,324 (+23%) from 2018

Liabilities

Up

$1

Up $1 from 2018

Revenue

Up

$136,691

Up $64,872 (+90%) from 2018

Expenses

Up

$109,367

Up $150 (+0.1%) from 2018

Net Income

Up

$27,324

Up $64,722 (+173%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $119,311Liabilities 2011: $0Net Assets 2011: $119,3112011Assets 2012: $129,287Liabilities 2012: $0Net Assets 2012: $129,2872012Assets 2013: $129,778Liabilities 2013: $0Net Assets 2013: $129,7782013Assets 2014: $95,735Liabilities 2014: $0Net Assets 2014: $95,7352014Assets 2015: $103,500Liabilities 2015: $0Net Assets 2015: $103,5002015Assets 2016: $131,989Liabilities 2016: $0Net Assets 2016: $131,9892016Assets 2017: $154,403Liabilities 2017: $0Net Assets 2017: $154,4032017Assets 2018: $117,005Liabilities 2018: $0Net Assets 2018: $117,0052018Assets 2019: $144,330Liabilities 2019: $1Net Assets 2019: $144,3292019Assets 2020: $346,739Liabilities 2020: $0Net Assets 2020: $346,7392020Assets 2021: $284,683Liabilities 2021: $0Net Assets 2021: $284,6832021Assets 2022: $259,579Liabilities 2022: $0Net Assets 2022: $259,5792022Assets 2023: $265,984Liabilities 2023: $0Net Assets 2023: $265,9842023Assets 2024: $256,376Liabilities 2024: $0Net Assets 2024: $256,3762024

Highlighted filing

2019

Assets$144,330
Liabilities$1
Net Assets$144,329

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $31,9432011Expenses 2012: $32,1732012Revenue 2013: $50,551Expenses 2013: $50,060Net Income 2013: $4912013Revenue 2014: $44,133Expenses 2014: $78,176Net Income 2014: -$34,0432014Revenue 2015: $62,406Expenses 2015: $54,641Net Income 2015: $7,7652015Revenue 2016: $71,142Expenses 2016: $43,788Net Income 2016: $27,3542016Revenue 2017: $88,030Expenses 2017: $65,616Net Income 2017: $22,4142017Revenue 2018: $71,819Expenses 2018: $109,217Net Income 2018: -$37,3982018Revenue 2019: $136,691Expenses 2019: $109,367Net Income 2019: $27,3242019Revenue 2020: $576,206Expenses 2020: $373,796Net Income 2020: $202,4102020Revenue 2021: $63,143Expenses 2021: $125,199Net Income 2021: -$62,0562021Revenue 2022: $85,560Expenses 2022: $110,664Net Income 2022: -$25,1042022Revenue 2023: $111,040Expenses 2023: $104,635Net Income 2023: $6,4052023Revenue 2024: $70,925Expenses 2024: $80,533Net Income 2024: -$9,6082024

Highlighted filing

2019

Revenue$136,691
Expenses$109,367
Net Income$27,324
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 7, 2020
Return Version
2019v5.0
Gross Receipts
$147,093
Mission and Program Overview

Mission

Raising scholarship funds, communicating with membership, school support, maintenance of myrna loy statute.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$117,005$144,329▲ $27,324
Cash and Non-Interest-Bearing Accounts$116,171$143,496▲ $27,325
Land, Buildings, and Equipment, Net$834$834→ $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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$117,005$144,330▲ $27,325
Other Assets Total-$0-
Liabilities
Other Liabilities-$1-
Total Liabilities$0$1▲ $1
Net Assets / Fund Balance
Total Net Assets Fund Balance$117,005$144,329▲ $27,324
Total Liabilities and Net Assets / Fund Balance$117,005$144,330▲ $27,325

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$834--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Norma MascarenasPresident
Paul BelliBoard Developme
Alyssa GascaBoard Member
David Kent!st VP
Marianne Sierra2nd VP
Renee ChorpashAcclaim Ads
Sergio DiazAcclaim Support
Charles GarciaAdvertising
Amy WaltersAlumni House
Laura FerreAlumni House
Craig JeffeHall of Fame
Elda Nunez GascaHall of Fame
Brian BleserHistorian
Michel BrooksMembership
Carolyn ChorpashNewsletter Edit
Nan ChorpashNewsletter Edit
Heba KhalilReunions
Adriana De La CruzScholarship
Grant FrancisScholarship
Coleen RockeySecretary
Diane ArnoldTreasurer
Walter HallWeb Master
Revenue and Support

Revenue Composition

Contributions and Grants
$63,261
Program Service Revenue
$75,446
Investment Income
$42
Other Revenue
$-2,058
All Other Contributions
$63,261
Change in Net Assets
$27,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$109,367
Total Fundraising Expense$29,658
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$3,874$7,749$6,963$18,586
Other Expenses$1,190$2,381$1,190$4,761
Total Functional Expenses$26,570$53,139$29,658$109,367
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,402
Fundraising Gross Income$8,344
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying 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
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Carolyn, nan and renee chorpash are related. Alyssa and elda gasca are related.

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is distributed to the committee members for review before the tax return is filed.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its financial statements and tax returns open to the public upon request.

Filing and Contact Details

Filer

Filer Name
Venice High Alumni Association
EIN
23-7024946
Phone
3104881418
Address
2435 Walgrove Blvd, Los Angeles, CA 90066

Signing Officer

Name
Diane Arnold
Title
Treasurer
Signed
2020-03-07
Discuss with paid preparer
Yes

Organization Details

Formed
1957
Legal Domicile
CA
Voting Board Members
23
Independent Board Members
23
Employees
0

Preparer

Firm
John W Weldon CPA
Address
11600 Washington Place Suite 105, Los Angeles, CA 90066-5000
Preparer
John W Weldon
Phone
3103907487
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

BANK FEES: Column (A) - Total = $100; Column (B) - Program Services = $25; Column (C) - Management & General = $50; Column (D) - Fundraising = $25

Form 990, Part IX, Line 24E: Other Expenses

CENTENNIAL: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

FUNDRAISING: Column (A) - Total = $3090; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $3090

Form 990, Part IX, Line 24E: Other Expenses

HALL OF FAME: Column (A) - Total = $3738; Column (B) - Program Services = $935; Column (C) - Management & General = $1869; Column (D) - Fundraising = $934

Form 990, Part IX, Line 24E: Other Expenses

JACKETS OF EXCELLENCE: Column (A) - Total = $2025; Column (B) - Program Services = $506; Column (C) - Management & General = $1013; Column (D) - Fundraising = $506

Form 990, Part IX, Line 24E: Other Expenses

MEMBER/LIFE TIME: Column (A) - Total = $2664; Column (B) - Program Services = $666; Column (C) - Management & General = $1332; Column (D) - Fundraising = $666

Form 990, Part IX, Line 24E: Other Expenses

MISCELLANEOUS: Column (A) - Total = $1657; Column (B) - Program Services = $414; Column (C) - Management & General = $829; Column (D) - Fundraising = $414

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $572; Column (B) - Program Services = $143; Column (C) - Management & General = $286; Column (D) - Fundraising = $143

Form 990, Part IX, Line 24E: Other Expenses

SCHOLARSHIP: Column (A) - Total = $1977; Column (B) - Program Services = $494; Column (C) - Management & General = $989; Column (D) - Fundraising = $494

Form 990, Part IX, Line 24E: Other Expenses

TAXES: Column (A) - Total = $160; Column (B) - Program Services = $40; Column (C) - Management & General = $80; Column (D) - Fundraising = $40

Form 990, Part IX, Line 24E: Other Expenses

VHAG: Column (A) - Total = $2603; Column (B) - Program Services = $651; Column (C) - Management & General = $1301; Column (D) - Fundraising = $651

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0Alumni House
IRS990/Form990PartVIISectionAGrp/TitleTxt1Scholarship
IRS990/Form990PartVIISectionAGrp/TitleTxt2Reunions
IRS990/Form990PartVIISectionAGrp/TitleTxt3Alumni House
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Developme
IRS990/Form990PartVIISectionAGrp/TitleTxt5HALL OF FAME
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBERSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt7NEWSLETTER EDIT
IRS990/Form990PartVIISectionAGrp/TitleTxt8NEWSLETTER EDIT
IRS990/Form990PartVIISectionAGrp/TitleTxt9!st VP
IRS990/Form990PartVIISectionAGrp/TitleTxt10ADVERTISING
IRS990/Form990PartVIISectionAGrp/TitleTxt11Web Master
IRS990/Form990PartVIISectionAGrp/TitleTxt12Acclaim Support
IRS990/Form990PartVIISectionAGrp/TitleTxt13Alumni House
IRS990/Form990PartVIISectionAGrp/TitleTxt142nd VP
IRS990/Form990PartVIISectionAGrp/TitleTxt15Scholarship
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17ACCLAIM ADS
IRS990/Form990PartVIISectionAGrp/TitleTxt18President
IRS990/Form990PartVIISectionAGrp/TitleTxt19Historian
IRS990/Form990PartVIISectionAGrp/TitleTxt20Hall of Fame
IRS990/Form990PartVIISectionAGrp/TitleTxt21Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt22Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01957
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt010402
IRS990/FundraisingGrossIncomeAmt08344
IRS990/GamingActivitiesInd0false
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0147093
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InsuranceGrp/TotalAmt00
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0834
IRS990/LandBldgEquipCostOrOtherBssAmt0834
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0RAISING SCHOLARSHIP FUNDS, COMMUNICATING WITH MEMBERSHIP, SCHOOL SUPPORT, MAINTENANCE OF MYRNA LOY STATUTE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt0144329
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-2058
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-2058
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0EASTON HOUSE
IRS990/OtherExpensesGrp/Desc1ACCLAIM NEWSLETTER
IRS990/OtherExpensesGrp/Desc2EXCELLENCE IN EDUCATION
IRS990/OtherExpensesGrp/Desc3MYRNA PROJECT
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IRS990/OtherExpensesGrp/FundraisingAmt14375
IRS990/OtherExpensesGrp/FundraisingAmt23905
IRS990/OtherExpensesGrp/FundraisingAmt31190
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026449
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18751
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27809
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32381
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IRS990/OtherExpensesGrp/ProgramServicesAmt14376
IRS990/OtherExpensesGrp/ProgramServicesAmt23905
IRS990/OtherExpensesGrp/ProgramServicesAmt31190
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IRS990/OtherExpensesGrp/TotalAmt117502
IRS990/OtherExpensesGrp/TotalAmt215619
IRS990/OtherExpensesGrp/TotalAmt34761
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ADVERTISING
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues & Assessments
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt173491
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01955
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt173491
IRS990/ProgSrvcAccomActy2Grp/Desc0MYRNA LOY, SCHOLARSHIP AND CENTENIAL FUNDS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt06738
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt011753
IRS990/ProgSrvcAccomActy3Grp/Desc0PUBLISHING QUARTERLY NEWLETTER AND PROMOTING ALUMNI ACTIVITIES
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02664
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt018274
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt09089
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0109217
IRS990/PYOtherRevenueAmt0-3349
IRS990/PYProgramServiceRevenueAmt066079
IRS990/PYRevenuesLessExpensesAmt0-37398
IRS990/PYTotalExpensesAmt0109217
IRS990/PYTotalRevenueAmt071819
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt027324
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$0.71$0.81$0.10
2023Detailed filing. Detailed filing data is available for this year.$2.66$0.00$2.66$1.11$1.05$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.60$0.86$1.11$0.25
2021Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$0.63$1.25$0.62
2020Detailed filing. Detailed filing data is available for this year.$3.47$0.00$3.47$5.76$3.74$2.02
2019Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$1.37$1.09$0.27
2018Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.72$1.09$0.37
2017Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.88$0.66$0.22
2016Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$0.71$0.44$0.27
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.62$0.55$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.44$0.78$0.34
2013Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.51$0.50$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.00$1.29$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.00$1.19$0.32