Civic Intelligence

The Los Angeles Valley College Foundation

990 • Fiscal year 2015 • EIN 23-7349231

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 01, 2016

5800 Fulton AveVan Nuys, CA 91401

(818) 947-2619

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

48th percentile

2.0%

Higher net margin than 48% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$4,520,726

No earlier filing loaded for comparison.

Net Assets

$4,520,726

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$988,650

No earlier filing loaded for comparison.

Expenses

$968,734

No earlier filing loaded for comparison.

Net Income

$19,916

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2015: $4,520,726Liabilities 2015: $0Net Assets 2015: $4,520,7262015Assets 2016: $5,318,953Liabilities 2016: $100,514Net Assets 2016: $5,218,4392016Assets 2017: $5,610,377Liabilities 2017: $835,573Net Assets 2017: $4,774,8042017Assets 2018: $6,276,474Liabilities 2018: $1,080,746Net Assets 2018: $5,195,7282018Assets 2019: $6,881,618Liabilities 2019: $783,715Net Assets 2019: $6,097,9032019Assets 2020: $7,015,581Liabilities 2020: $808,651Net Assets 2020: $6,206,9302020Assets 2021: $8,775,328Liabilities 2021: $959,215Net Assets 2021: $7,816,1132021Assets 2022: $7,262,871Liabilities 2022: $656,721Net Assets 2022: $6,606,1502022Assets 2023: $9,561,798Liabilities 2023: $482,858Net Assets 2023: $9,078,9402023Assets 2024: $10,218,577Liabilities 2024: $702,853Net Assets 2024: $9,515,7242024

Highlighted filing

2015

Assets$4,520,726
Liabilities$0
Net Assets$4,520,726

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $988,650Expenses 2015: $968,734Net Income 2015: $19,9162015Revenue 2016: $2,031,503Expenses 2016: $1,285,392Net Income 2016: $746,1112016Revenue 2017: $943,473Expenses 2017: $807,154Net Income 2017: $136,3192017Revenue 2018: $892,897Expenses 2018: $534,080Net Income 2018: $358,8172018Revenue 2019: $1,422,006Expenses 2019: $529,683Net Income 2019: $892,3232019Revenue 2020: $1,554,398Expenses 2020: $939,742Net Income 2020: $614,6562020Revenue 2021: $1,002,829Expenses 2021: $589,805Net Income 2021: $413,0242021Revenue 2022: $1,304,931Expenses 2022: $925,368Net Income 2022: $379,5632022Revenue 2023: $2,734,384Expenses 2023: $740,028Net Income 2023: $1,994,3562023Revenue 2024: $543,588Expenses 2024: $780,809Net Income 2024: -$237,2212024

Highlighted filing

2015

Revenue$988,650
Expenses$968,734
Net Income$19,916
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 1, 2016
Return Version
2014v6.0
Gross Receipts
$988,650
Mission and Program Overview

Mission

Promote the educational skills of students through scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,062,891$4,040,392▼ $22,499
Cash and Non-Interest-Bearing Accounts$293,023$346,049▲ $53,026
Investments Other Securities$144,896$134,285▼ $10,611
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$4,500,810$4,520,726▲ $19,916
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,771,051$2,763,062▼ $7,989
Temporarily Rstr Net Assets$1,026,055$1,148,604▲ $122,549
Unrestricted Net Assets$703,704$609,060▼ $94,644
Total Net Assets Fund Balance$4,500,810$4,520,726▲ $19,916
Total Liabilities and Net Assets / Fund Balance$4,500,810$4,520,726▲ $19,916

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$3,162,040$54,021▼ $84,608-$3,131,453
2013$2,858,486$61,255▲ $242,299-$3,162,040
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrea Golberg KaufmanPresident
Eric BubbersVice President
Elaine BaylorDirector
Erika EndrijonasDirector
Joe SteinbergDirector
Kenneth WorthenDirector
Lila MazoDirector
Mike QuirogaDirector
Richard MillerDirector
Sharon UdkoffDirector
Raul CastilloExecutive Director
Pat BallewSecretary
Thomas SouleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$951,934
Program Service Revenue
$0
Investment Income
$36,716
Other Revenue
$0
All Other Contributions
$951,934
Change in Net Assets
$19,916
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$782,706
Other Expenses$186,028
Total Fundraising Expense$44,667
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$599,318--$599,318
Grants to Domestic Individuals$183,388--$183,388
Fees for Services Management$0$62,710$33,767$96,477
Fees for Service Investment Mgmnt Fees$0$41,234$0$41,234
Office Expenses$0$23,435$738$24,173
Fees for Services Accounting$0$6,500$0$6,500
Insurance$0$4,063$0$4,063
Other Expenses$0$1,890$0$1,890
Total Functional Expenses$782,706$141,361$44,667$968,734
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lavc Depts & ProjectsValley Glen, CA501(c)(3)Education$562,218
LavcValley Glen, CA501(c)(3)Education$37,100
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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

PART VI, SECTION B, LINE 11B:

the form 990 is prepared by the organization's certified public accountants from information provided by the organization, and reviewed by the organization's executive director. PART VI, SECTION B, LINE 12C: THE ORGANIZATION REQUIRES ITS BOARD OF DIRECTORS TO REPORT ANY CONFLICTS OF INTEREST TO THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR WOULD REPORT SUCH CONFLICT TO THE PRESIDENT OF THE BOARD OF DIRECTORS TO DETERMINE IF ANY ACTION NEEDED TO OCCUR. part vi, section c, line 19: the organization makes such information available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Los Angeles Valley College Foundation
EIN
23-7349231
In Care Of
% RAUL CASTILLO
Phone
8189472619
Address
5800 FULTON AVE, VAN NUYS, CA 91401

Signing Officer

Name
raul castillo
Title
executive director
Phone
8189472619
Signed
2016-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raul Castillo
Formed
1991
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Miller Kaplan Arase Llp
Address
4123 LANKERSHIM BLVD, NORTH HOLLYWOOD, CA 91602-2828
Preparer
miller kaplan arase llp
Phone
8187692010
Supplemental Narrative

Financial Statement Notes

part V, line 4:

the organizations endowment funds are intended for scholarships. part x, line 2: The Organization has adopted guidance on accounting for uncertainty in income taxes issued by the Financial Accounting Standards Board. Management believes that the Organization has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. As of June 30, 2015, information returns for periods after the year ended June 30, 2011 were subject to examination by authorities.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
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