Civic Intelligence

Torrance Education Foundation

990 • Fiscal year 2017 • EIN 33-0506936

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

Organization ProfileWWW.TORRANCEEDUCATIONFOUNDATION.ORG

View Organization Page

PO Box 1397Torrance, CA 90505

(310) 320-7232

Siviq Scores

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

Liabilities / Assets

80th percentile

0.50x

Higher debt load relative to assets than 80% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.67x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

23rd percentile

-8.0%

Higher net margin than 23% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

62nd percentile

$85,153

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

29th percentile

-2.2%

Faster asset growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

22nd percentile

-8.0%

Faster revenue growth than 22% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$1,452,510

Down $33,036 (-2.2%) from 2016

Net Assets

Down

$727,401

Down $80,619 (-10.0%) from 2016

Liabilities

Up

$725,109

Up $47,583 (+7.0%) from 2016

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin23rd percentile

Revenue

Down

$1,083,421

Down $94,311 (-8.0%) from 2016

Expenses

Down

$1,169,791

Down $4,347 (-0.4%) from 2016

Net Income

Down

-$86,370

Down $89,964 (-2503%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$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

2017

Assets$1,452,510
Liabilities$725,109
Net Assets$727,401
Open 2017 Filing

Operations Trend

Revenue Growth22nd percentile

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$1,083,421
Expenses$1,169,791
Net Income-$86,370
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$1,164,678
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$146,640$983,605▲ $836,965
Investments in Publicly Traded Securities$272,009$230,160▼ $41,849
Cash and Non-Interest-Bearing Accounts$966,142$187,260▼ $778,882
Pledges and Grants Receivable$66,616$33,333▼ $33,283
Prepaid Expenses and Deferred Charges$34,229$18,152▼ $16,077
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Accounts Receivable$-525$0▲ $525
Total Assets$1,485,546$1,452,510▼ $33,036
Other Assets Total$435$0▼ $435
Liabilities
Deferred Revenue$589,697$653,479▲ $63,782
Accounts Payable and Accrued Expenses$19,829$71,630▲ $51,801
Grants Payable$68,000--
Total Liabilities$677,526$725,109▲ $47,583
Net Assets / Fund Balance
Unrestricted Net Assets$436,011$392,500▼ $43,511
Temporarily Rstr Net Assets$372,009$334,901▼ $37,108
Total Net Assets Fund Balance$808,020$727,401▼ $80,619
Total Liabilities and Net Assets / Fund Balance$1,485,546$1,452,510▼ $33,036

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$5,229$5,229
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Susan SwinburneExecutive DirectorFT$85,153$85,153

Board Members and Trustees

NameTitle
Dr Chad MaberyPresident
Shant MegerdichianVice President
Camilla SeferianSecretary
Mary HoffmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$273,926
Program Service Revenue
$656,809
Investment Income
$14,366
Other Revenue
$138,320
All Other Contributions
$273,926
Change in Net Assets
$-86,370

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles1$28,613New Msrp
Total Noncash Contributions1$28,613-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,083,421
Total Revenue per Audited Statements
$1,083,421
Total Revenue per Form 990
$1,083,421
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$647,137
Other Expenses$277,445
Grants and Similar Amounts Paid$245,209
Total Fundraising Expense$125,467
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$456,261$23,450-$479,711
Grants to Domestic Orgs$154,829--$154,829
Occupancy$80,333$12,475-$92,808
Grants to Domestic Individuals$90,380--$90,380
Current Officers, Directors, Trustees, and Key Employees-$17,031$68,122$85,153
Payroll Taxes$39,603$2,345$6,812$48,760
Other Employee Benefits$8,442$8,722$16,349$33,513
All Other Expenses$2,813$26,833-$29,646
Advertising$3,262$4,590$14,144$21,996
Other Expenses$764$15,575$20,040$16,339
Information Technology$5,979$6,188-$12,167
Fees for Services Accounting$4,513$4,512-$9,025
Insurance-$7,420-$7,420
Travel-$602-$602
Total Functional Expenses$898,810$145,514$125,467$1,169,791

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,169,791
Total Expenses per Audited Statements$1,169,791
Total Expenses per Form 990$1,169,791
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
TusdTorrance, CA-To Enhance Var. Educational Prog.$154,829
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$120,289
Gaming Gross Income$99,288
Fundraising Direct Expenses$52,644
Gaming Direct Expenses$28,613
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fndrsg/skechers Events$120,289$120,289$52,644$67,645
Total Events$120,289$120,289$52,644$67,645
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
Annual disclosure for covered persons
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

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

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“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
3103207232
Address
PO BOX 1397, TORRANCE, CA 90505

Signing Officer

Name
Susan Swinburne
Title
Executive Director
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
1992
Legal Domicile
CA
Voting Board Members
18
Independent Board Members
18
Employees
96
Volunteers
70

Preparer

Firm
Charles McDonough Accountancy Corp
Address
2355 Crenshaw Blvd 155, Torrance, CA 90501
Preparer
Gregory G Wilson CPA
Phone
3105409559
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IRS990/OtherExpensesGrp/Desc1Printing and Publications
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/FundraisingAmt020040
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08711
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1994
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26066
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt315575
IRS990/OtherExpensesGrp/ProgramServicesAmt032678
IRS990/OtherExpensesGrp/ProgramServicesAmt14710
IRS990/OtherExpensesGrp/ProgramServicesAmt214243
IRS990/OtherExpensesGrp/ProgramServicesAmt3764
IRS990/OtherExpensesGrp/TotalAmt041389
IRS990/OtherExpensesGrp/TotalAmt125744
IRS990/OtherExpensesGrp/TotalAmt220309
IRS990/OtherExpensesGrp/TotalAmt316339
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt023450
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0456261
IRS990/OtherSalariesAndWagesGrp/TotalAmt0479711
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt06812
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02345
IRS990/PayrollTaxesGrp/ProgramServicesAmt039603
IRS990/PayrollTaxesGrp/TotalAmt048760
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt066616
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt033333
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034229
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018152
IRS990/PriorPeriodAdjustmentsAmt015663
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0SUMMER SCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0656809
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0656809
IRS990/ProgSrvcAccomActy2Grp/Desc0GRANTS GIVEN TO ENHANCE VARIOUS EDUCATIONAL PROGRAMS AT SCHOOLS IN THE TORRANCE UNIFIED SCHOOL DISTRICT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0154829
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0154829
IRS990/ProgSrvcAccomActy3Grp/Desc0SCHOLARSHIPS TO 29 GRADUATING SENIORS IN THE TORRANCE UNIFIED SCHOOL DISTRICT.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt070000
IRS990/ProgSrvcAccomActy3Grp/GrantAmt070000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0236025
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0373920
IRS990/PYInvestmentIncomeAmt014255
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0207245
IRS990/PYOtherRevenueAmt0169497
IRS990/PYProgramServiceRevenueAmt0757955
IRS990/PYRevenuesLessExpensesAmt03594
IRS990/PYSalariesCompEmpBnftPaidAmt0592973
IRS990/PYTotalExpensesAmt01174138
IRS990/PYTotalRevenueAmt01177732
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-86370
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0656809
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0146640
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0983605
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0273926
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0236025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0145069
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0157150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0136946
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0949116
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014366
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt014255
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt014430
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt014935
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt015201
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt073187
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02986564
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92840
IRS990ScheduleA/PublicSupportPY170Pct00.91240
IRS990ScheduleA/PublicSupportTotal170Amt0949116
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0273926
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0236025
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0145069
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0157150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0136946
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0949116
IRS990ScheduleA/TotalSupportAmt01022303
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/DepreciationAmt05229
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05229
IRS990ScheduleD/ExpensesSubtotalAmt01169791
IRS990ScheduleD/RevenueSubtotalAmt01083421
IRS990ScheduleD/TotalExpensesPerForm990Amt01169791
IRS990ScheduleD/TotalRevenuePerForm990Amt01083421
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01083421
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01169791
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CharitableDistributionRqrInd0true
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt052644
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL FNDRSG/SKECHERS EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0120289
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0120289
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0120289
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0120289
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt067645
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt052644
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt052644
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt028613
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt099288
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt099288
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt070675
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesOtherGamingAmt028613
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesTotalGamingAmt028613
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct01.00000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0SUSAN SWINBURNE
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0PO BOX 1397
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0TORRANCE
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0CA
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd090505
IRS990ScheduleG/StatesWhereGamingConductedCd0CA
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt070000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS -SBEA SUMMER PROGRAM
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOLARSHIP TO STUDENTS FOR COLLEGE

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,452,510
Liabilities
$725,109
Net assets
$727,401
Revenue
$1,083,421
Expenses
$1,169,791
Net income
-$86,370
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