Civic Intelligence

Parents of Welby Way

EIN 30-0629974 • 501(c)3 • West Hills, CA

Profile

The purpose of the organization is to provide enrichment programs, supplies, classroom assistance, and equipment for students enrolled at Welby Way Elementary School, a school in LAUSD.

23456 Welby WayWest Hills, CA 91307

www.parentsofwelbyway.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

72nd percentile

18%

Higher net margin than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

73rd percentile

16%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

-12%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$361,751

Up $48,579 (+16%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$361,751

Up $48,579 (+16%) from 2023

Revenue

Down

$272,217

Down $38,428 (-12%) from 2023

Expenses

Up

$223,638

Up $1,340 (+0.6%) from 2023

Net Income

Down

$48,579

Down $39,768 (-45%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2016: $408,384Liabilities 2016: $0Net Assets 2016: $408,3842016Assets 2017: $363,813Liabilities 2017: $0Net Assets 2017: $363,8132017Assets 2018: $346,034Liabilities 2018: $0Net Assets 2018: $346,0342018Assets 2019: $286,044Liabilities 2019: $0Net Assets 2019: $286,0442019Assets 2020: $195,790Liabilities 2020: $0Net Assets 2020: $195,7902020Assets 2021: $171,459Liabilities 2021: $0Net Assets 2021: $171,4592021Assets 2022: $224,825Liabilities 2022: $0Net Assets 2022: $224,8252022Assets 2023: $313,172Liabilities 2023: $0Net Assets 2023: $313,1722023Assets 2024: $361,751Liabilities 2024: $0Net Assets 2024: $361,7512024

Highlighted filing

2024

Assets$361,751
Liabilities$0
Net Assets$361,751

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $502,302Expenses 2016: $518,652Net Income 2016: -$16,3502016Revenue 2017: $384,599Expenses 2017: $429,170Net Income 2017: -$44,5712017Revenue 2018: $385,344Expenses 2018: $403,123Net Income 2018: -$17,7792018Revenue 2019: $323,239Expenses 2019: $383,229Net Income 2019: -$59,9902019Revenue 2020: $189,486Expenses 2020: $279,740Net Income 2020: -$90,2542020Revenue 2021: $92,365Expenses 2021: $116,696Net Income 2021: -$24,3312021Revenue 2022: $216,420Expenses 2022: $163,054Net Income 2022: $53,3662022Revenue 2023: $310,645Expenses 2023: $222,298Net Income 2023: $88,3472023Revenue 2024: $272,217Expenses 2024: $223,638Net Income 2024: $48,5792024

Highlighted filing

2024

Revenue$272,217
Expenses$223,638
Net Income$48,579

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Dec 10, 2024
Return Version
2023v6.0
Gross Receipts
$291,611
Mission and Program Overview

Mission

The purpose of the organization is to provide enrichment programs, supplies, classroom assistance, and equipment for students enrolled at Welby Way Elementary School, a school in LAUSD.

The purpose of the organization is to provide enrichment programs, classroom supplies, and equipment for the benefit of all students enrolled at Welby Way Elementary School.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$311,872$361,751▲ $49,879
Land, Buildings, and Equipment, Net$1,300$0▼ $1,300
Total Assets$313,172$361,751▲ $48,579
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$313,172$361,751▲ $48,579
Total Net Assets Fund Balance$313,172$361,751▲ $48,579
Total Liabilities and Net Assets / Fund Balance$313,172$361,751▲ $48,579

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$31,369-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephanie O'HearnCo-President
Jill BasowskiPresident
Yael KatzmanVice President
Andrea LewisDirector
Ashley RoseDirector
Donna van der ValkDirector
Greg AllenDirector
Jasmine DowlatshahiDirector
Karen CaseyDirector
Laura KleinDirector
Leeanne SantoyoDirector
Lena MoskovithDirector
Leslie NeipertDirector
Mira FeltDirector
Rania DeanDirector
Susanna WongDirector
Sweta UpadhyayDirector
Tammie AllenDirector
Adrienne ColvinSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$99,178
Program Service Revenue
$164,926
Investment Income
$19
Other Revenue
$8,094
All Other Contributions
$99,178
Change in Net Assets
$48,579
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$131,253
Grants and Similar Amounts Paid$61,191
Salaries, Compensation, and Employee Benefits$31,194
Total Fundraising Expense$15,013
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$61,191--$61,191
Other Salaries and Wages$12,870$8,580$8,580$30,030
Fees for Services Accounting$0$4,150$0$4,150
Office Expenses$1,215$1,215$1,214$3,644
Insurance$1,620$1,620$0$3,240
Depreciation Depletion$0$1,300$0$1,300
Payroll Taxes$498$333$333$1,164
Other Expenses$0$297$297$594
Information Technology$0$399$0$399
All Other Expenses$0$100$0$100
Total Functional Expenses$190,631$17,994$15,013$223,638
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Welby Way - LAUSDWest Hills, CA-General support$61,191
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$27,488
Fundraising Direct Expenses$19,394
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Parents of Welby Way
EIN
30-0629974
Phone
8183481975
Address
23456 Welby Way, West Hills, CA 91307

Signing Officer

Name
Jill Basowski
Title
President
Phone
8183481975
Signed
2024-12-10
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
5
Volunteers
40

Preparer

Firm
Caryn Leemon-Krausz CPA
Address
6442 Platt Ave 748, West Hills, CA 91307
Preparer
Gary Krausz
Phone
8188353335
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Each member is emailed a copy of the draft Form 990. The President convenes a conference call or solicits approval by email after each member has had a few days to review the Form 990. The members discuss the return and any questions or changes. After all issues are addressed, the board authorizes the President to sign and file the returns.

Pt VI, Line 12C

At the first board meeting of the year, the board members are given a copy of the by-laws including the conflict of interest policy. The President reviews the policy during the meeting and confirms that each director understands the conflict of interest policy.

Pt VI, Line 15A

All directors and officers of the organization are volunteers and parents of students at the school. The by-laws specify that no compensation (other than reimbursement for out of pocket expenses) is to be paid to officers and directors.

Pt VI, Line 15B

All directors and officers of the organization are volunteers and parents of students at the school. The by-laws specify that no compensation (other than reimbursement for out of pocket expenses) is to be paid to officers and directors.

Pt VI, Line 19

The documents are available upon request. The Form 990 tax return is available on the Guidestar.org website.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt061191
IRS990/GrantsToDomesticOrgsGrp/TotalAmt061191
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0291611
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0399
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt0399
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01620
IRS990/InsuranceGrp/ProgramServicesAmt01620
IRS990/InsuranceGrp/TotalAmt03240
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt019
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt031369
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01300
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt031369
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The purpose of the organization is to provide enrichment programs, supplies, classroom assistance, and equipment for students enrolled at Welby Way Elementary School, a school in LAUSD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0313172
IRS990/NetAssetsOrFundBalancesEOYAmt0361751
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt08094
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt08094
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0313172
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0361751
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt01214
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01215
IRS990/OfficeExpensesGrp/ProgramServicesAmt01215
IRS990/OfficeExpensesGrp/TotalAmt03644
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Materials and Supplies
IRS990/OtherExpensesGrp/Desc1Field Trips and Activities
IRS990/OtherExpensesGrp/Desc2Bank charges
IRS990/OtherExpensesGrp/FundraisingAmt04589
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt2297
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2297
IRS990/OtherExpensesGrp/ProgramServicesAmt035825
IRS990/OtherExpensesGrp/ProgramServicesAmt177412
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt040414
IRS990/OtherExpensesGrp/TotalAmt177412
IRS990/OtherExpensesGrp/TotalAmt2594
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt08580
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08580
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt012870
IRS990/OtherSalariesAndWagesGrp/TotalAmt030030
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0333
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0333
IRS990/PayrollTaxesGrp/ProgramServicesAmt0498
IRS990/PayrollTaxesGrp/TotalAmt01164
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Jill Basowski
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0Enrichment Programs
IRS990/ProgramServiceRevenueGrp/Desc1Field Trips
IRS990/ProgramServiceRevenueGrp/Desc2Product sales and admissions
IRS990/ProgramServiceRevenueGrp/Desc3Fitness Week and other programs
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt031090
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt177117
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt231550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt325169
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgSrvcAccomActy2Grp/Desc0Payments to program service providers for goods and services such as costs for yearbooks, snack shack, apparel, and costs of administering program services.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt07788
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00

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