Civic Intelligence

Torrance Education Foundation

EIN 33-0506936 • 501(c)3 • Torrance, CA

Profile

This foundation is set up to provide financial support to the public schools in the torrance unified school district in order to provide a high quality of public education.

3420 W 229th Place 19ATorrance, CA 90505

www.torranceeducationfoundation.org

Siviq Scores

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

Liabilities / Assets

57th percentile

0.11x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.20x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

86th percentile

40%

Higher net margin than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

75th percentile

16%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2024

Revenue Growth

42nd percentile

3.4%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2024

Assets

Up

$1,869,127

Up $275,034 (+17%) from 2023

Liabilities

Down

$203,058

Down $134,433 (-40%) from 2023

Net Assets

Up

$1,666,069

Up $409,467 (+33%) from 2023

Revenue

Up

$1,031,874

Up $183,119 (+22%) from 2023

Expenses

Down

$620,985

Down $91,877 (-13%) from 2023

Net Income

Up

$410,889

Up $274,996 (+202%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,703,900Liabilities 2011: $843,148Net Assets 2011: $860,7522011Assets 2012: $1,671,414Liabilities 2012: $753,551Net Assets 2012: $917,8632012Assets 2013: $1,529,065Liabilities 2013: $717,030Net Assets 2013: $812,0352013Assets 2014: $1,390,944Liabilities 2014: $664,918Net Assets 2014: $726,0262014Assets 2015: $1,497,110Liabilities 2015: $696,725Net Assets 2015: $800,3852015Assets 2016: $1,485,546Liabilities 2016: $677,526Net Assets 2016: $808,0202016Assets 2017: $1,452,510Liabilities 2017: $725,109Net Assets 2017: $727,4012017Assets 2018: $1,268,247Liabilities 2018: $592,055Net Assets 2018: $676,1922018Assets 2019: $928,822Liabilities 2019: $384,649Net Assets 2019: $544,1732019Assets 2020: $1,014,391Liabilities 2020: $213,466Net Assets 2020: $800,9252020Assets 2021: $1,191,204Liabilities 2021: $161,930Net Assets 2021: $1,029,2742021Assets 2022: $1,509,178Liabilities 2022: $386,159Net Assets 2022: $1,123,0192022Assets 2023: $1,594,093Liabilities 2023: $337,491Net Assets 2023: $1,256,6022023Assets 2024: $1,869,127Liabilities 2024: $203,058Net Assets 2024: $1,666,0692024

Highlighted filing

2024

Assets$1,869,127
Liabilities$203,058
Net Assets$1,666,069

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,565,5892011Expenses 2012: $1,249,5742012Expenses 2013: $1,166,1732013Revenue 2014: $1,118,262Expenses 2014: $1,213,872Net Income 2014: -$95,6102014Revenue 2015: $1,162,406Expenses 2015: $1,086,014Net Income 2015: $76,3922015Revenue 2016: $1,177,732Expenses 2016: $1,174,138Net Income 2016: $3,5942016Revenue 2017: $1,083,421Expenses 2017: $1,169,791Net Income 2017: -$86,3702017Revenue 2018: $1,215,818Expenses 2018: $1,254,584Net Income 2018: -$38,7662018Revenue 2019: $1,182,425Expenses 2019: $1,311,790Net Income 2019: -$129,3652019Revenue 2020: $1,121,508Expenses 2020: $862,603Net Income 2020: $258,9052020Revenue 2021: $933,400Expenses 2021: $707,031Net Income 2021: $226,3692021Revenue 2022: $847,115Expenses 2022: $754,879Net Income 2022: $92,2362022Revenue 2023: $848,755Expenses 2023: $712,862Net Income 2023: $135,8932023Revenue 2024: $1,031,874Expenses 2024: $620,985Net Income 2024: $410,8892024

Highlighted filing

2024

Revenue$1,031,874
Expenses$620,985
Net Income$410,889

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.87$0.20$1.67$1.03$0.62$0.41
2023Detailed filing. Detailed filing data is available for this year.$1.59$0.34$1.26$0.85$0.71$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.51$0.39$1.12$0.85$0.75$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.19$0.16$1.03$0.93$0.71$0.23
2020Detailed filing. Detailed filing data is available for this year.$1.01$0.21$0.80$1.12$0.86$0.26
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.38$0.54$1.18$1.31$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.27$0.59$0.68$1.22$1.25$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.45$0.73$0.73$1.08$1.17$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.49$0.68$0.81$1.18$1.17$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.50$0.70$0.80$1.16$1.09$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.39$0.66$0.73$1.12$1.21$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.72$0.81$1.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.75$0.92$1.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.84$0.86$1.57
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 14, 2025
Return Version
2023v6.0
Gross Receipts
$1,058,921
Mission and Program Overview

Mission

This foundation is set up to provide financial support to the public schools in the torrance unified school district in order to provide a high quality of public education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,147,450$930,836▼ $216,614
Cash and Non-Interest-Bearing Accounts$437,730$927,615▲ $489,885
Accounts Receivable$6,000$8,500▲ $2,500
Land, Buildings, and Equipment, Net$2,176$2,176→ $0
Prepaid Expenses and Deferred Charges$737$0▼ $737
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-
Total Assets$1,594,093$1,869,127▲ $275,034
Other Assets Total-$0-
Liabilities
Deferred Revenue$155,994$198,115▲ $42,121
Accounts Payable and Accrued Expenses$181,497$4,943▼ $176,554
Total Liabilities$337,491$203,058▼ $134,433
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,142,670$1,513,299▲ $370,629
Net Assets With Donor Restrictions$113,932$152,770▲ $38,838
Total Net Assets Fund Balance$1,256,602$1,666,069▲ $409,467
Total Liabilities and Net Assets / Fund Balance$1,594,093$1,869,127▲ $275,034

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,176$5,396$7,572
Compensation and Service Providers

Board Members and Trustees

NameTitle
Patrick FureyPresident
Emi MorimotoVice President
Patrick LefevreSecretary
Eunice LeeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$295,199
Program Service Revenue
$318,834
Investment Income
$4,707
Other Revenue
$413,134
All Other Contributions
$295,199
Change in Net Assets
$410,889
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$298,900
Salaries, Compensation, and Employee Benefits$233,655
Other Expenses$88,430
Total Fundraising Expense$8,577
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$268,400--$268,400
Other Salaries and Wages$182,102--$182,102
Other Employee Benefits$36,625--$36,625
Grants to Domestic Individuals$30,500--$30,500
Payroll Taxes$14,928--$14,928
Insurance-$12,052-$12,052
Fees for Services Accounting$5,090$5,090-$10,180
Occupancy$4,746$527-$5,273
Office Expenses-$4,676-$4,676
All Other Expenses$3,165$1,011-$4,176
Advertising$2,500--$2,500
Other Expenses$1,760$6,873$8,577$1,760
Fees for Services Other$849$849-$1,698
Travel-$350-$350
Total Functional Expenses$573,549$38,859$8,577$620,985
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
TusdTorrance, CA-To Enhance Var. Educational Prog.$268,400
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$440,181
Fundraising Direct Expenses$27,047
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fndrsg/skechers Events$440,181$440,181$27,047$413,134
Total Events$440,181$440,181$27,047$413,134
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
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
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, Section B, Line 11B

The president or vice president and treasurer reviews the tax return before it is filed with the government tax agencies.

Form 990, Part VI, Section C, Line 19

Minutes of all board meetings, by-laws, articles of incorporation, irs determination letter, financial statements and tax returns are on file in the office and available for public viewing on request.

Filing and Contact Details

Filer

Filer Name
Torrance Education Foundation
EIN
33-0506936
Phone
3109726970
Address
3420 W 229TH PLACE 19A, TORRANCE, CA 90505

Signing Officer

Name
Pat Furey
Title
President
Signed
2025-10-14
Discuss with paid preparer
Yes

Organization Details

Formed
1992
Legal Domicile
CA
Voting Board Members
18
Independent Board Members
18
Employees
28
Volunteers
70

Preparer

Firm
Charles McDonough Accountancy Corp
Address
2790 Skypark Dr Ste 306, Torrance, CA 90505
Preparer
Gregory G Wilson CPA
Phone
3105409559
Raw XML AppendixShowing 400 of 438 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0181497
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04943
IRS990/AccountsReceivableGrp/BOYAmt06000
IRS990/AccountsReceivableGrp/EOYAmt08500
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THIS FOUNDATION IS SET UP TO PROVIDE FINANCIAL SUPPORT TO THE PUBLIC SCHOOLS IN THE TORRANCE UNIFIED SCHOOL DISTRICT IN ORDER TO PROVIDE A HIGH QUALITY OF PUBLIC EDUCATION.
IRS990/AdvertisingGrp/ProgramServicesAmt02500
IRS990/AdvertisingGrp/TotalAmt02500
IRS990/AllOtherContributionsAmt0295199
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01011
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03165
IRS990/AllOtherExpensesGrp/TotalAmt04176
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0DENISE MANDEL
IRS990/BooksInCareOfDetail/PhoneNum03103207232
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03429 W 229TH PLACE 19A
IRS990/BooksInCareOfDetail/USAddress/CityNm0TORRANCE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090505
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0437730
IRS990/CashNonInterestBearingGrp/EOYAmt0927615
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0295199
IRS990/CYGrantsAndSimilarPaidAmt0298900
IRS990/CYInvestmentIncomeAmt04707
IRS990/CYOtherExpensesAmt088430
IRS990/CYOtherRevenueAmt0413134
IRS990/CYProgramServiceRevenueAmt0318834
IRS990/CYRevenuesLessExpensesAmt0410889
IRS990/CYSalariesCompEmpBnftPaidAmt0233655
IRS990/CYTotalExpensesAmt0620985
IRS990/CYTotalFundraisingExpenseAmt08577
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01031874
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0155994
IRS990/DeferredRevenueGrp/EOYAmt0198115
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0SUMMER SCHOOL EDUCATION TO GREATER THAN 300 STUDENTS AT ELEMENTARY, MIDDLE SCHOOL AND HIGH SCHOOL LEVEL.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0113932
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0152770
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt028
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0274609
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05090
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05090
IRS990/FeesForServicesAccountingGrp/TotalAmt010180
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0849
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0849
IRS990/FeesForServicesOtherGrp/TotalAmt01698
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt08.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt28.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt38.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0PATRICK FUREY
IRS990/Form990PartVIISectionAGrp/PersonNm1EUNICE LEE
IRS990/Form990PartVIISectionAGrp/PersonNm2EMI MORIMOTO
IRS990/Form990PartVIISectionAGrp/PersonNm3PATRICK LEFEVRE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt027047
IRS990/FundraisingGrossIncomeAmt0440181
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt030500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt030500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0268400
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0268400
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01058921
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt012052
IRS990/InsuranceGrp/TotalAmt012052
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt04707
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04707
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt01
IRS990/LandBldgEquipAccumDeprecAmt05396
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02176
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02176
IRS990/LandBldgEquipCostOrOtherBssAmt07572
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THIS FOUNDATION IS SET UP TO PROVIDE FINANCIAL SUPPORT TO THE PUBLIC SCHOOLS IN THE TORRANCE UNIFIED SCHOOL DISTRICT IN ORDER TO PROVIDE A HIGH QUALITY OF PUBLIC EDUCATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01256602
IRS990/NetAssetsOrFundBalancesEOYAmt01666069
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0413134
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0413134
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1422
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01142670
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01513299
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/ManagementAndGeneralAmt0527
IRS990/OccupancyGrp/ProgramServicesAmt04746
IRS990/OccupancyGrp/TotalAmt05273
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04676
IRS990/OfficeExpensesGrp/TotalAmt04676
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt036625
IRS990/OtherEmployeeBenefitsGrp/TotalAmt036625
IRS990/OtherExpensesGrp/Desc0BANK SERVICE CHARGES
IRS990/OtherExpensesGrp/Desc1SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2Printing and Publications
IRS990/OtherExpensesGrp/Desc3PAYROLL PROCESSING FEES
IRS990/OtherExpensesGrp/FundraisingAmt08577
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07431
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16873
IRS990/OtherExpensesGrp/ProgramServicesAmt08578
IRS990/OtherExpensesGrp/ProgramServicesAmt17432
IRS990/OtherExpensesGrp/ProgramServicesAmt26874
IRS990/OtherExpensesGrp/ProgramServicesAmt31760
IRS990/OtherExpensesGrp/TotalAmt017155
IRS990/OtherExpensesGrp/TotalAmt114863
IRS990/OtherExpensesGrp/TotalAmt213747
IRS990/OtherExpensesGrp/TotalAmt31760
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0182102
IRS990/OtherSalariesAndWagesGrp/TotalAmt0182102
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt014928
IRS990/PayrollTaxesGrp/TotalAmt014928
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0737
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0SUMMER SCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0318834
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0318834
IRS990/ProgSrvcAccomActy2Grp/Desc0GRANTS GIVEN TO ENHANCE VARIOUS EDUCATIONAL PROGRAMS AT SCHOOLS IN THE TORRANCE UNIFIED SCHOOL DISTRICT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0268440
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0268440
IRS990/ProgSrvcAccomActy3Grp/Desc0SCHOLARSHIPS TO 18 GRADUATING SENIORS IN THE TORRANCE UNIFIED SCHOOL DISTRICT.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt030500
IRS990/ProgSrvcAccomActy3Grp/GrantAmt030500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0293710
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0270466
IRS990/PYInvestmentIncomeAmt04221
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0150214
IRS990/PYOtherRevenueAmt0329333
IRS990/PYProgramServiceRevenueAmt0221491
IRS990/PYRevenuesLessExpensesAmt0135893
IRS990/PYSalariesCompEmpBnftPaidAmt0292182
IRS990/PYTotalExpensesAmt0712862
IRS990/PYTotalRevenueAmt0848755
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0410889
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0318834
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01147450
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0930836
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0295199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0293710
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0304742
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0377207
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0456518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01727376
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04707
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04221
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03161
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02796
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt015801
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt030686
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01494477
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98250
IRS990ScheduleA/PublicSupportPY170Pct00.97860
IRS990ScheduleA/PublicSupportTotal170Amt01727376
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0295199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0293710
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0304742
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0377207
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0456518
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01727376
IRS990ScheduleA/TotalSupportAmt01758062
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02176
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05396
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07572
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02176
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt027047
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL FNDRSG/SKECHERS EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0440181
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0440181
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0440181
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0440181
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0413134
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt027047
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt027047
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt030500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP TO STUDENTS FOR COLLEGE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt018
IRS990ScheduleI/RecipientTable/CashGrantAmt0268400
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO ENHANCE VAR. EDUCATIONAL PROG.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TUSD
IRS990ScheduleI/RecipientTable/RecipientEIN0956003151
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02200 W CARSON ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0TORRANCE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090501
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHEDULE I, PART I, ALL GIFTS TO THE DISTRICT MUST BE APPROVED AT THE MONTHLY BOARD MEETING BEFORE DISTRIBUTION TO SELECT SPECIFIC ITEMS FROM THE WISH LIST OF THE DISTRICT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT OR VICE PRESIDENT AND TREASURER REVIEWS THE TAX RETURN BEFORE IT IS FILED WITH THE GOVERNMENT TAX AGENCIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MINUTES OF ALL BOARD MEETINGS, BY-LAWS, ARTICLES OF INCORPORATION, IRS DETERMINATION LETTER, FINANCIAL STATEMENTS AND TAX RETURNS ARE ON FILE IN THE OFFICE AND AVAILABLE FOR PUBLIC VIEWING ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SpecialConditionDesc0LOS ANGELES COUNTY FIRE DISASTER
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01594093
IRS990/TotalAssetsEOYAmt01869127
IRS990/TotalAssetsGrp/BOYAmt01594093
IRS990/TotalAssetsGrp/EOYAmt01869127
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0295199
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08577
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038859
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0573549
IRS990/TotalFunctionalExpensesGrp/TotalAmt0620985
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0337491
IRS990/TotalLiabilitiesEOYAmt0203058
IRS990/TotalLiabilitiesGrp/BOYAmt0337491
IRS990/TotalLiabilitiesGrp/EOYAmt0203058
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01256602
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01666069
IRS990/TotalProgramServiceExpensesAmt0573549
IRS990/TotalProgramServiceRevenueAmt0318834
IRS990/TotalRevenueGrp/ExclusionAmt0417841
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0318834
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01031874
IRS990/TotalVolunteersCnt070
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01594093
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01869127
IRS990/TravelGrp/ManagementAndGeneralAmt0350
IRS990/TravelGrp/TotalAmt0350
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.