Civic Intelligence

Irvine Teachers Association

990 • Fiscal year 2023 • EIN 23-7329458

Sep 01, 2022 to Aug 31, 2023 • Filed on May 14, 2024

4940 Irvine Blvd Suite 205Irvine, CA 92620

(714) 505-6365

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

65th percentile

0.02x

Higher debt load relative to revenue than 65% of similar nonprofits.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2023

Net Margin

17th percentile

-9.4%

Higher net margin than 17% of similar nonprofits.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$14,282

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2023

Asset Growth

17th percentile

-5.8%

Faster asset growth than 17% of similar nonprofits.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

31st percentile

-0.5%

Faster revenue growth than 31% of similar nonprofits.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$629,813

Down $38,964 (-5.8%) from 2022

Net Assets

Down

$623,313

Down $32,356 (-4.9%) from 2022

Liabilities

Down

$6,500

Down $6,608 (-50%) from 2022

Revenue

Down

$345,863

Down $1,714 (-0.5%) from 2022

Expenses

Up

$378,219

Up $34,729 (+10%) from 2022

Net Income

Down

-$32,356

Down $36,443 (-892%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $350,329Liabilities 2013: $7,500Net Assets 2013: $342,8292013Assets 2014: $362,931Liabilities 2014: $6,500Net Assets 2014: $356,4312014Assets 2015: $437,067Liabilities 2015: $6,250Net Assets 2015: $430,8172015Assets 2016: $458,796Liabilities 2016: $7,400Net Assets 2016: $451,3962016Assets 2017: $474,578Liabilities 2017: $4,750Net Assets 2017: $469,8282017Assets 2018: $554,028Liabilities 2018: $8,300Net Assets 2018: $545,7282018Assets 2019: $614,933Liabilities 2019: $28,600Net Assets 2019: $586,3332019Assets 2020: $637,530Liabilities 2020: $28,756Net Assets 2020: $608,7742020Assets 2021: $674,873Liabilities 2021: $23,291Net Assets 2021: $651,5822021Assets 2022: $668,777Liabilities 2022: $13,108Net Assets 2022: $655,6692022Assets 2023: $629,813Liabilities 2023: $6,500Net Assets 2023: $623,3132023Assets 2024: $490,199Liabilities 2024: $11,450Net Assets 2024: $478,7492024

Highlighted filing

2023

Assets$629,813
Liabilities$6,500
Net Assets$623,313

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2013: $254,1682013Revenue 2014: $273,725Expenses 2014: $260,123Net Income 2014: $13,6022014Revenue 2015: $348,394Expenses 2015: $274,008Net Income 2015: $74,3862015Revenue 2016: $342,368Expenses 2016: $321,789Net Income 2016: $20,5792016Revenue 2017: $356,194Expenses 2017: $332,678Net Income 2017: $23,5162017Revenue 2018: $370,156Expenses 2018: $294,256Net Income 2018: $75,9002018Revenue 2019: $357,465Expenses 2019: $316,860Net Income 2019: $40,6052019Revenue 2020: $334,191Expenses 2020: $311,750Net Income 2020: $22,4412020Revenue 2021: $334,459Expenses 2021: $291,651Net Income 2021: $42,8082021Revenue 2022: $347,577Expenses 2022: $343,490Net Income 2022: $4,0872022Revenue 2023: $345,863Expenses 2023: $378,219Net Income 2023: -$32,3562023Revenue 2024: $367,357Expenses 2024: $509,613Net Income 2024: -$142,2562024

Highlighted filing

2023

Revenue$345,863
Expenses$378,219
Net Income-$32,356
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$345,863
Mission and Program Overview

Mission

To promote welfare and interests of teachers at the irvine school district

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$282,242$429,271▲ $147,029
Cash and Non-Interest-Bearing Accounts$385,846$137,309▼ $248,537
Land, Buildings, and Equipment, Net$689$255▼ $434
Total Assets$668,777$629,813▼ $38,964
Other Assets Total-$62,978-
Liabilities
Grants Payable$13,108$6,500▼ $6,608
Total Liabilities$13,108$6,500▼ $6,608
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$655,669$623,313▼ $32,356
Total Net Assets Fund Balance$655,669$623,313▼ $32,356
Total Liabilities and Net Assets / Fund Balance$668,777$629,813▼ $38,964

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$255$7,472$7,727
Other Assets Org$62,978--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sonia KearneyPresidentPT$10,350$3,932$14,282
Jessica BrackenVice PresidePT$4,596-$4,596
Kari TubbsState Counci--$3,796$3,796
Kristy ChaoState Counci--$3,796$3,796
Lauren BelcherState Counci--$3,796$3,796
Zane PangState Counci--$3,796$3,796
Kim HowellSecretary-$1,898-$1,898
Grace MaginnH.s Rep at L--$1,582$1,582
Grace PankauM.s Rep at L--$1,582$1,582
Jon PangRep at Large--$1,582$1,582
Shellie BittnerEleme Rep at--$1,582$1,582
Tracy JankowskiElem Rep at--$1,582$1,582
Azita GhaderifardTreasurerPT$1,265-$1,265

Board Members and Trustees

NameTitle
Michael StoneExecutive Di
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$340,383
Investment Income
$4,430
Other Revenue
$1,050
Change in Net Assets
$-32,356

Audited Revenue Reconciliation

Revenue per Audited Statements
$345,863
Total Revenue per Audited Statements
$345,863
Total Revenue per Form 990
$345,863
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$317,920
Salaries, Compensation, and Employee Benefits$49,299
Grants and Similar Amounts Paid$11,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$164,130$6,569-$170,699
Current Officers, Directors, Trustees, and Key Employees$22,568$22,567-$45,135
All Other Expenses$23,466$1,824-$25,290
Conferences and Meetings$22,074--$22,074
Other Expenses$13,369$15,580-$13,369
Grants to Domestic Individuals$10,000--$10,000
Fees for Services Accounting-$7,321-$7,321
Payroll Taxes-$4,164-$4,164
Office Expenses-$2,512-$2,512
Grants to Domestic Orgs$1,000--$1,000
Depreciation Depletion-$435-$435
Total Functional Expenses$313,515$64,704$0$378,219

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$378,219
Total Expenses per Audited Statements$378,219
Total Expenses per Form 990$378,219
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
Yes
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

YES

Form 990, Page 6, Part VI, Line 7A

YES

Form 990, Page 6, Part VI, Line 7B

YES

Form 990, Page 6, Part VI, Line 11B

Reviewed in the executive board and rep council meeting

Form 990, Page 6, Part VI, Line 12C

Reviewed in the initial executive board and rep council monthly meeting for the fiscal year

Form 990, Page 6, Part VI, Line 15A

Reviewed in the executive board and rep council monthly meetings

Form 990, Page 6, Part VI, Line 15B

Reviewed in the executive board and rep council monthly meetings

Form 990, Page 6, Part VI, Line 19

Made available on the chapter, nea and cta websites

Filing and Contact Details

Filer

Filer Name
Irvine Teachers Association
EIN
23-7329458
Phone
7145056365
Address
4940 IRVINE BLVD SUITE 205, IRVINE, CA 92620

Signing Officer

Name
Sonia Kearney
Title
President
Phone
7145056365
Signed
2024-05-14

Organization Details

Principal Officer
Sonia Kearney
Formed
1973
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
0
Employees
4

Preparer

Firm
Paul S Joo CPA
Address
12966 EUCLID STREET SUITE 210, GARDEN GROVE, CA 92840
Preparer
Paul S Joo CPA
Phone
7145371200
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IRS990/OtherExpensesGrp/TotalAmt215580
IRS990/OtherExpensesGrp/TotalAmt313369
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01050
IRS990/OtherRevenueTotalAmt01050
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt06569
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0164130
IRS990/PaymentsToAffiliatesGrp/TotalAmt0170699
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04164
IRS990/PayrollTaxesGrp/TotalAmt04164
IRS990/PoliticalCampaignActyInd0true
IRS990/PrincipalOfficerNm0SONIA KEARNEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0340383
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0340383
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIP PROGRAM
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt010000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt010000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01050
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt012100
IRS990/PYInvestmentIncomeAmt01731
IRS990/PYOtherExpensesAmt0278768
IRS990/PYOtherRevenueAmt0300
IRS990/PYProgramServiceRevenueAmt0345546
IRS990/PYRevenuesLessExpensesAmt04087
IRS990/PYSalariesCompEmpBnftPaidAmt052622
IRS990/PYTotalExpensesAmt0343490
IRS990/PYTotalRevenueAmt0347577
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-32356
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0344813
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0282242
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0429271
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0IRVINE TEACHERS ASSOCIATION PAC
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt04940 IRVINE BLVD
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine2Txt0SUITE 205
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0IRVINE
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd092620
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0SUPPORT CANDIDATES DURING SCHOOL BOARD ELECTIONS VIA PASS THROUGH OF MEMBER CONTRIBUTIONS TO AFFILIATED PAC
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART I-A, LINE 1
IRS990ScheduleD/EquipmentGrp/BookValueAmt0255
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07472
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07727
IRS990ScheduleD/ExpensesSubtotalAmt0378219
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt062978
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CERTIFICATE OF DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0345863
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0255
IRS990ScheduleD/TotalBookValueOtherAssetsAmt062978
IRS990ScheduleD/TotalExpensesPerForm990Amt0378219
IRS990ScheduleD/TotalRevenuePerForm990Amt0345863
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0345863
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0378219
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt010000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt012
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED IN THE EXECUTIVE BOARD AND REP COUNCIL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIEWED IN THE INITIAL EXECUTIVE BOARD AND REP COUNCIL MONTHLY MEETING FOR THE FISCAL YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REVIEWED IN THE EXECUTIVE BOARD AND REP COUNCIL MONTHLY MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REVIEWED IN THE EXECUTIVE BOARD AND REP COUNCIL MONTHLY MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MADE AVAILABLE ON THE CHAPTER, NEA AND CTA WEBSITES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0668777
IRS990/TotalAssetsEOYAmt0629813
IRS990/TotalAssetsGrp/BOYAmt0668777
IRS990/TotalAssetsGrp/EOYAmt0629813
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt064704
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0313515
IRS990/TotalFunctionalExpensesGrp/TotalAmt0378219
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013108
IRS990/TotalLiabilitiesEOYAmt06500
IRS990/TotalLiabilitiesGrp/BOYAmt013108
IRS990/TotalLiabilitiesGrp/EOYAmt06500
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0655669
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0623313
IRS990/TotalOtherCompensationAmt027026
IRS990/TotalProgramServiceExpensesAmt0313515
IRS990/TotalProgramServiceRevenueAmt0340383
IRS990/TotalReportableCompFromOrgAmt018109
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0345863
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0345863
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0668777
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0629813
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01 BELLEZZA
IRS990/USAddress/CityNm0IRVINE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092620
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.IRVINETA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SONIA KEARNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07145056365
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IRVINE TEACHERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0IRVI
ReturnHeader/Filer/EIN0237329458

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$0.11$4.79$3.67$5.10$1.42
2023Detailed filing. Detailed filing data is available for this year.$6.30$0.07$6.23$3.46$3.78$0.32
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.69$0.13$6.56$3.48$3.43$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.75$0.23$6.52$3.34$2.92$0.43
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.38$0.29$6.09$3.34$3.12$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.15$0.29$5.86$3.57$3.17$0.41
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.54$0.08$5.46$3.70$2.94$0.76
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.75$0.05$4.70$3.56$3.33$0.24
2016Detailed filing. Detailed filing data is available for this year.$4.59$0.07$4.51$3.42$3.22$0.21
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.37$0.06$4.31$3.48$2.74$0.74
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.63$0.07$3.56$2.74$2.60$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$0.08$3.43$2.54