Civic Intelligence

Venice High Alumni Association

990 • Fiscal year 2020 • EIN 23-7024946

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 28, 2021

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

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

83rd percentile

35%

Higher net margin than 83% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

93rd percentile

140%

Faster asset growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

98th percentile

322%

Faster revenue growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$346,739

Up $202,409 (+140%) from 2019

Net Assets

Up

$346,739

Up $202,410 (+140%) from 2019

Liabilities

Down

$0

Down $1 (-100%) from 2019

Revenue

Up

$576,206

Up $439,515 (+322%) from 2019

Expenses

Up

$373,796

Up $264,429 (+242%) from 2019

Net Income

Up

$202,410

Up $175,086 (+641%) from 2019

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

2020

Assets$346,739
Liabilities$0
Net Assets$346,739

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

2020

Revenue$576,206
Expenses$373,796
Net Income$202,410
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 28, 2021
Return Version
2020v4.0
Gross Receipts
$580,677
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$144,329$346,739▲ $202,410
Cash and Non-Interest-Bearing Accounts$143,496$345,905▲ $202,409
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$144,330$346,739▲ $202,409
Other Assets Total-$0-
Liabilities
Other Liabilities$1--
Total Liabilities$1$0▼ $1
Net Assets / Fund Balance
Total Net Assets Fund Balance$144,329$346,739▲ $202,410
Total Liabilities and Net Assets / Fund Balance$144,330$346,739▲ $202,409

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$834--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Norma MascarenasPresident
Nan ChorpashArt Director
Paul BelliBoard Developme
Alyssa GascaBoard Member
David Kent1st 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
Heba KhalilReunions
Adriana De La CruzScholarship
Grant FrancisScholarship
Coleen RockeySecretary
Diane ArnoldTreasurer
Walter HallWeb Master
Revenue and Support

Revenue Composition

Contributions and Grants
$21,343
Program Service Revenue
$88,734
Investment Income
$79
Other Revenue
$466,050
All Other Contributions
$21,343
Change in Net Assets
$202,410
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$373,796
Total Fundraising Expense$83,411
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$17,928$2,347$1,175$21,450
Other Expenses$3,856$7,712$3,856$15,424
Total Functional Expenses$123,565$166,820$83,411$373,796
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$4,471
Fundraising Gross Income$2,515
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-
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
2021-04-28
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
Preparer
John W Weldon
Phone
3103907487
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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/TitleTxt8Art Director
IRS990/Form990PartVIISectionAGrp/TitleTxt91st 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/FundraisingDirectExpensesAmt04471
IRS990/FundraisingGrossIncomeAmt02515
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0580677
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt079
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0834
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
IRS990/NetAssetsOrFundBalancesBOYAmt0144329
IRS990/NetAssetsOrFundBalancesEOYAmt0346739
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-1956
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-1956
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1EASTON HOUSE
IRS990/OtherExpensesGrp/Desc2SCHOLARSHIP
IRS990/OtherExpensesGrp/Desc3ACCLAIM NEWSLETTER
IRS990/OtherExpensesGrp/FundraisingAmt063272
IRS990/OtherExpensesGrp/FundraisingAmt115108
IRS990/OtherExpensesGrp/FundraisingAmt23856
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0126544
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt130217
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27712
IRS990/OtherExpensesGrp/ProgramServicesAmt063272
IRS990/OtherExpensesGrp/ProgramServicesAmt115109
IRS990/OtherExpensesGrp/ProgramServicesAmt223400
IRS990/OtherExpensesGrp/ProgramServicesAmt33856
IRS990/OtherExpensesGrp/TotalAmt0253088
IRS990/OtherExpensesGrp/TotalAmt160434
IRS990/OtherExpensesGrp/TotalAmt223400
IRS990/OtherExpensesGrp/TotalAmt315424
IRS990/OtherLiabilitiesGrp/BOYAmt01
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0Legal Settlement
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0468006
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0468006
IRS990/OtherRevenueTotalAmt0468006
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ADVERTISING
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0175
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt188559
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0175
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt188559
IRS990/ProgSrvcAccomActy2Grp/Desc0MYRNA LOY, SCHOLARSHIP AND CENTENIAL FUNDS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt026547
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt016242
IRS990/ProgSrvcAccomActy3Grp/Desc0PUBLISHING QUARTERLY NEWLETTER AND PROMOTING ALUMNI ACTIVITIES
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0745
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt011774
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt063261
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt042
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0109367
IRS990/PYOtherRevenueAmt0-2058
IRS990/PYProgramServiceRevenueAmt075446
IRS990/PYRevenuesLessExpensesAmt027324
IRS990/PYTotalExpensesAmt0109367
IRS990/PYTotalRevenueAmt0136691
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0202410

Document Assets

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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