Civic Intelligence

Venice High Alumni Association

990 • Fiscal year 2021 • EIN 23-7024946

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 21, 2022

Organization ProfileN/A
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

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

7th percentile

-98%

Higher net margin than 7% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

20th percentile

-18%

Faster asset growth than 20% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-89%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$284,683

Down $62,056 (-18%) from 2020

Net Assets

Down

$284,683

Down $62,056 (-18%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin7th percentile

Revenue

Down

$63,143

Down $513,063 (-89%) from 2020

Expenses

Down

$125,199

Down $248,597 (-67%) from 2020

Net Income

Down

-$62,056

Down $264,466 (-131%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

2021

Assets$284,683
Liabilities$0
Net Assets$284,683
Open 2021 Filing

Operations Trend

Revenue Growth5th percentile

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

2021

Revenue$63,143
Expenses$125,199
Net Income-$62,056
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 21, 2022
Return Version
2021v4.0
Gross Receipts
$66,964
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$346,739$284,683▼ $62,056
Cash and Non-Interest-Bearing Accounts$345,905$283,849▼ $62,056
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$346,739$284,683▼ $62,056
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$346,739$284,683▼ $62,056
Total Liabilities and Net Assets / Fund Balance$346,739$284,683▼ $62,056

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$834--
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Norma MascarenasPresident
Nan ChorpashArt Director
Paul BelliBoard Developme
Alyssa GascaBoard Member
David Kent1st VP
Craig Jeffe2nd VP
Renee ChorpashAcclaim Ads
Charles GarciaAdvertising
Grant FrancisAlumni House
Elda Nunez GascaHall of Fame
Brian BleserHistorian
Michel BrooksMembership
Carolyn ChorpashNewsletter Edit
Heba KhalilReunions
Coleen RockeySecretary
Diane ArnoldTreasurer
Walter HallWeb Master
Revenue and Support

Revenue Composition

Contributions and Grants
$35,175
Program Service Revenue
$26,263
Investment Income
$119
Other Revenue
$1,586
All Other Contributions
$35,175
Change in Net Assets
$-62,056
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$125,199
Total Fundraising Expense$2,682
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$13,483$55,383-$13,483
All Other Expenses$1,006$1,476$2,682$5,164
Total Functional Expenses$65,658$56,859$2,682$125,199
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,407
Fundraising Direct Expenses$3,821
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
2022-04-21
Discuss with paid preparer
Yes

Organization Details

Formed
1957
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
17
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/TitleTxt71st VP
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IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt12President
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IRS990/Form990PartVIISectionAGrp/TitleTxt14Hall of Fame
IRS990/Form990PartVIISectionAGrp/TitleTxt15Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt16Secretary
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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/NetAssetsOrFundBalancesBOYAmt0346739
IRS990/NetAssetsOrFundBalancesEOYAmt0284683
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt01586
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt01586
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/Desc0EASTON HOUSE
IRS990/OtherExpensesGrp/Desc1SCHOLARSHIP
IRS990/OtherExpensesGrp/Desc2EXCELLENCE IN EDUCATION
IRS990/OtherExpensesGrp/Desc3ACCLAIM NEWSLETTER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt055383
IRS990/OtherExpensesGrp/ProgramServicesAmt08447
IRS990/OtherExpensesGrp/ProgramServicesAmt128083
IRS990/OtherExpensesGrp/ProgramServicesAmt214639
IRS990/OtherExpensesGrp/ProgramServicesAmt313483
IRS990/OtherExpensesGrp/TotalAmt063830
IRS990/OtherExpensesGrp/TotalAmt128083
IRS990/OtherExpensesGrp/TotalAmt214639
IRS990/OtherExpensesGrp/TotalAmt313483
IRS990/OtherRevenueTotalAmt00
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/RelatedOrExemptFuncIncomeAmt0200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt126063
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt126063
IRS990/ProgSrvcAccomActy2Grp/Desc0EXCELLENCE IN EDUCATION PROGRAM
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt023212
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt08861
IRS990/ProgSrvcAccomActy3Grp/Desc0PUBLISHING QUARTERLY NEWLETTER AND PROMOTING ALUMNI ACTIVITIES
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt013483
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt06504
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt021343
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt079
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0373796
IRS990/PYOtherRevenueAmt0466050
IRS990/PYProgramServiceRevenueAmt088734
IRS990/PYRevenuesLessExpensesAmt0202410
IRS990/PYTotalExpensesAmt0373796
IRS990/PYTotalRevenueAmt0576206
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-62056
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01865
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0346739
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0284683
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt048558
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0100706
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt068107
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt061972
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt071336
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0350679
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0350679
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt048558
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0100706
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt068107
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt061972
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt071336
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0350679
IRS990ScheduleA/TotalSupportAmt0350679
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0834
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0834
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0834
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CAROLYN, NAN AND RENEE CHORPASH ARE RELATED. ALYSSA AND ELDA GASCA ARE RELATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS DISTRIBUTED TO THE COMMITTEE MEMBERS FOR REVIEW BEFORE THE TAX RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AND TAX RETURNS OPEN TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0346739

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$284,683
Liabilities
$0
Net assets
$284,683
Revenue
$63,143
Expenses
$125,199
Net income
-$62,056
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