Civic Intelligence

Palos Verdes Estates Foundation

EIN 38-4135087 • 501(c)3 • Palos Verdes Estates, CA

Profile

The palos verdes estates foundation strengthens our community by encouraging philanthropy through public-private partnerships with the city of palos verdes estates, augmenting cultural, recreational, lifestyle and safety programs.

PO Box 955Palos Verdes Estates, CA 90274

pvefoundation.org

Siviq Scores

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

Liabilities / Assets

46th percentile

0.01x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.01x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

92nd percentile

58%

Higher net margin than 92% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

67th percentile

$50,000

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 12.1% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

90th percentile

63%

Faster asset growth than 90% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

99th percentile

615%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$624,057

Up $241,539 (+63%) from 2023

Liabilities

Up

$5,657

Up $1,166 (+26%) from 2023

Net Assets

Up

$618,400

Up $240,373 (+64%) from 2023

Operations
Liabilities / Revenue49th percentileNet Margin92nd percentile

Revenue

Up

$414,730

Up $356,764 (+615%) from 2023

Expenses

Up

$174,357

Up $40,734 (+30%) from 2023

Net Income

Up

$240,373

Up $316,030 (+418%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

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

$800K$600K$400K$200K$0Assets 2021: $386,533Liabilities 2021: $23,522Net Assets 2021: $363,0112021Assets 2022: $472,790Liabilities 2022: $4,105Net Assets 2022: $468,6852022Assets 2023: $382,518Liabilities 2023: $4,491Net Assets 2023: $378,0272023Assets 2024: $624,057Liabilities 2024: $5,657Net Assets 2024: $618,4002024

Highlighted filing

2024

Assets$624,057
Liabilities$5,657
Net Assets$618,400
Open 2024 Filing

Operations Trend

Revenue Growth99th percentile

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

$600K$400K$200K$0-$200KRevenue 2021: $427,696Expenses 2021: $100,212Net Income 2021: $327,4842021Revenue 2022: $473,447Expenses 2022: $367,773Net Income 2022: $105,6742022Revenue 2023: $57,966Expenses 2023: $133,623Net Income 2023: -$75,6572023Revenue 2024: $414,730Expenses 2024: $174,357Net Income 2024: $240,3732024

Highlighted filing

2024

Revenue$414,730
Expenses$174,357
Net Income$240,373
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$624,057
Liabilities
$5,657
Net assets
$618,400
Revenue
$414,730
Expenses
$174,357
Net income
$240,373
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.24$0.06$6.18$4.15$1.74$2.40
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.83$0.04$3.78$0.58$1.34$0.76
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.73$0.04$4.69$4.73$3.68$1.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.87$0.24$3.63$4.28$1.00$3.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 27, 2025
Return Version
2023v6.0
Gross Receipts
$414,730
Mission and Program Overview

Mission

The palos verdes estates foundation strengthens our community by encouraging philanthropy through public-private partnerships with the city of palos verdes estates, augmenting cultural, recreational, lifestyle and safety programs.

The palos verdes estates foundation strengthens our community by encouraging philanthropy through public-private partnerships with the city of palos verdes estates.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$380,744$622,750▲ $242,006
Prepaid Expenses and Deferred Charges$1,774$1,307▼ $467
Total Assets$382,518$624,057▲ $241,539
Liabilities
Accounts Payable and Accrued Expenses$4,491$5,657▲ $1,166
Total Liabilities$4,491$5,657▲ $1,166
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$384,208-
Net Assets Without Donor Restrictions$378,027$234,192▼ $143,835
Total Net Assets Fund Balance$378,027$618,400▲ $240,373
Total Liabilities and Net Assets / Fund Balance$382,518$624,057▲ $241,539
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Renee JacoExecutive DirectorFT$50,000$50,000

Board Members and Trustees

NameTitle
David McgowanPresident
Chad AcallisterDirector
Julia PartonDirector
Virginia ButlerDirector
Barton GurewitzChief Financial Officer
Janet TeagueSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$405,223
Program Service Revenue
$0
Investment Income
$9,507
Other Revenue
$0
All Other Contributions
$405,223
Change in Net Assets
$240,373
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$69,717
Salaries, Compensation, and Employee Benefits$54,153
Other Expenses$50,487
Total Fundraising Expense$15,816
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$69,717--$69,717
Current Officers, Directors, Trustees, and Key Employees$32,500$12,500$5,000$50,000
Fees for Services Accounting-$16,512-$16,512
Information Technology$8,560-$2,496$11,056
Conferences and Meetings$3,334-$3,333$6,667
Payroll Taxes$2,700$1,038$415$4,153
Office Expenses$1,953$488$563$3,004
Other Expenses$3,000$200$2,484$3,000
Insurance$2,238--$2,238
Advertising--$648$648
Total Functional Expenses$127,043$31,498$15,816$174,357
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of Palos Verdes EstatesPalos Verdes Estates, CAGov AgencyBeautification Projects$54,717
City of Palos Verdes EstatesPalos Verdes Estates, CAGov AgencyGeorge Allen Field Project$15,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
Conflict-of-interest policy
Yes
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

“Form 990 is carefully reviewed by the foundation president, then provided to board members prior to filing.”

Form 990, Part VI, Section B, Line 15A AND 15B

“The organization follows appropriate protocols for determining the compesation of the executive director, including using comparative data and board approval of the compensation. Box 15a is checked yes for this reason. Box 15b is checked no since no employees meet the definition.”

Form 990, Part VI, Section C, Line 19

“Governing documents are available upon written request.”

Form 990, Part VI, Section B, Line 12C

“The foundation has a robust conflict of interest policy. In short, directors are required to recuse themselves of any decision where they have a conflict of interest. Board members acknowledge receipt and adherance to the policy annually.”

Filing and Contact Details

Filer

Filer Name
Palos Verdes Estates Foundation
EIN
38-4135087
In Care Of
% PALOS VERDES ESTATES
Phone
2133937977
Address
PO BOX 955, PALOS VERDES ESTATES, CA 90274

Signing Officer

Name
David Mcgowan
Title
President
Phone
2133937977
Signed
2025-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Mcgowan
Formed
2019
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
1
Volunteers
7

Preparer

Firm
Lewis Sharpstone & Co
Address
5074 Tendilla Ave, Woodland Hills, CA 91364
Preparer
Lewis Sharpstone
Phone
8185701960
Supplemental Narrative

Financial Statement Notes

X 2

“In november 2021 the foundation received the letter from the internal revenue service recognizing the foundation as an organization exempt from federal income taxes under section 501c3 of the internal revenue code, effective november 2019. In june 2023 the foundation realized that the application to have the foundation be similarly exempt from state taxes under section 23701d of the california revenue and taxation code was never filed. The application was immediately prepared and filed. The foundation expects the california franchise tax board will determine that the foundation is exempt from state taxes under section 23701d of the california revenue and taxation code and that there will be no adverse consequences resulting from the foundations omission to timely file such application. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the foundation in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The foundations returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed.”

Raw XML Appendix398 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04491
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05657
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PALOS VERDES ESTATES FOUNDATION STRENGTHENS OUR COMMUNITY BY ENCOURAGING PHILANTHROPY THROUGH PUBLIC-PRIVATE PARTNERSHIPS WITH THE CITY OF PALOS VERDES ESTATES.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/FundraisingAmt0648
IRS990/AdvertisingGrp/TotalAmt0648
IRS990/AllOtherContributionsAmt0405223
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0DAVID A MCGOWAN
IRS990/BooksInCareOfDetail/PhoneNum02133937977
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO 955
IRS990/BooksInCareOfDetail/USAddress/CityNm0PALOS VERDES ESTATES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090274
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0380744
IRS990/CashNonInterestBearingGrp/EOYAmt0622750
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt05000
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt012500
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt032500
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt050000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt03333
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03334
IRS990/ConferencesMeetingsGrp/TotalAmt06667
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0405223
IRS990/CYGrantsAndSimilarPaidAmt069717
IRS990/CYInvestmentIncomeAmt09507
IRS990/CYOtherExpensesAmt050487
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0240373
IRS990/CYSalariesCompEmpBnftPaidAmt054153
IRS990/CYTotalExpensesAmt0174357
IRS990/CYTotalFundraisingExpenseAmt015816
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0414730
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0THE FOUNDATION MAKES GRANTS TO LOCAL NONPROFITS OR GOVERNMENTAL AGENCIES, OR PAYS CONTRACTORS WHO COMPLETE PROJECTS, ALL IN PURSUIT OF THE FOUNDATIONS MISSION. IN THE YEAR ENDED JUNE 30, 2024 THE FOUNDATION COMPLETED CITY BEAUTIFICATION PROJECTS IN THE AMOUNT OF 54,717 AND COMPLETED OTHER MISSION RELATED PROJECTS IN THE AMOUNT OF 15,000.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0384208
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0127043
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016512
IRS990/FeesForServicesAccountingGrp/TotalAmt016512
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6002.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0RENEE JACO
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID MCGOWAN
IRS990/Form990PartVIISectionAGrp/PersonNm2VIRGINIA BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm3JANET TEAGUE
IRS990/Form990PartVIISectionAGrp/PersonNm4BARTON GUREWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm5CHAD ACALLISTER
IRS990/Form990PartVIISectionAGrp/PersonNm6JULIA PARTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt050000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt069717
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt069717
IRS990/GrantsToDomesticOrgsGrp/TotalAmt069717
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0414730
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02496
IRS990/InformationTechnologyGrp/ProgramServicesAmt08560
IRS990/InformationTechnologyGrp/TotalAmt011056
IRS990/InsuranceGrp/ProgramServicesAmt02238
IRS990/InsuranceGrp/TotalAmt02238
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt09507
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09507
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PALOS VERDES ESTATES FOUNDATION STRENGTHENS OUR COMMUNITY BY ENCOURAGING PHILANTHROPY THROUGH PUBLIC-PRIVATE PARTNERSHIPS WITH THE CITY OF PALOS VERDES ESTATES, AUGMENTING CULTURAL, RECREATIONAL, LIFESTYLE AND SAFETY PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0378027
IRS990/NetAssetsOrFundBalancesEOYAmt0618400
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0378027
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0234192
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt0563
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0488
IRS990/OfficeExpensesGrp/ProgramServicesAmt01953
IRS990/OfficeExpensesGrp/TotalAmt03004
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0BANK CHARGES AND FEES
IRS990/OtherExpensesGrp/Desc1PRINTING AND PHOTOCOPY
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt0877
IRS990/OtherExpensesGrp/FundraisingAmt12484
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0760
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1200
IRS990/OtherExpensesGrp/ProgramServicesAmt03041
IRS990/OtherExpensesGrp/ProgramServicesAmt13000
IRS990/OtherExpensesGrp/TotalAmt04678
IRS990/OtherExpensesGrp/TotalAmt12684
IRS990/OtherExpensesGrp/TotalAmt23000
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0415
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01038
IRS990/PayrollTaxesGrp/ProgramServicesAmt02700
IRS990/PayrollTaxesGrp/TotalAmt04153
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01774
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01307
IRS990/PrincipalOfficerNm0DAVID MCGOWAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt054562
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt047628
IRS990/PYInvestmentIncomeAmt03404
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt054127
IRS990/PYRevenuesLessExpensesAmt0-75657
IRS990/PYSalariesCompEmpBnftPaidAmt031868
IRS990/PYTotalExpensesAmt0133623
IRS990/PYTotalRevenueAmt057966
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0240373
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0405223
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt054562
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0488627
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0427680
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt048704
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01424796
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09507
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03404
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0131
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt013058
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt01279097
IRS990ScheduleA/SubstantialContributorsTotAmt0145699
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0405223
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt054562
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0488627
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0427680
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt048704
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01424796
IRS990ScheduleA/TotalSupportAmt01437854
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/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN NOVEMBER 2021 THE FOUNDATION RECEIVED THE LETTER FROM THE INTERNAL REVENUE SERVICE RECOGNIZING THE FOUNDATION AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501C3 OF THE INTERNAL REVENUE CODE, EFFECTIVE NOVEMBER 2019. IN JUNE 2023 THE FOUNDATION REALIZED THAT THE APPLICATION TO HAVE THE FOUNDATION BE SIMILARLY EXEMPT FROM STATE TAXES UNDER SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE WAS NEVER FILED. THE APPLICATION WAS IMMEDIATELY PREPARED AND FILED. THE FOUNDATION EXPECTS THE CALIFORNIA FRANCHISE TAX BOARD WILL DETERMINE THAT THE FOUNDATION IS EXEMPT FROM STATE TAXES UNDER SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE AND THAT THERE WILL BE NO ADVERSE CONSEQUENCES RESULTING FROM THE FOUNDATIONS OMISSION TO TIMELY FILE SUCH APPLICATION. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE FOUNDATION IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE FOUNDATIONS RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt054717
IRS990ScheduleI/RecipientTable/CashGrantAmt115000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV AGENCY
IRS990ScheduleI/RecipientTable/IRCSectionDesc1GOV AGENCY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BEAUTIFICATION PROJECTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GEORGE ALLEN FIELD PROJECT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CITY OF PALOS VERDES ESTATES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CITY OF PALOS VERDES ESTATES
IRS990ScheduleI/RecipientTable/RecipientEIN0956000758
IRS990ScheduleI/RecipientTable/RecipientEIN1956000758
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0340 PALOS VERDES DR W
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1340 PALOS VERDES DR W
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PALOS VERDES ESTATES
IRS990ScheduleI/RecipientTable/USAddress/CityNm1PALOS VERDES ESTATES
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090274
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd190274
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE APPROVED BY THE BOARD OF DIRECTORS. GRANT REVIEWS ENSURE THE FUNDS ARE SPENT AS PROPOSED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS CAREFULLY REVIEWED BY THE FOUNDATION PRESIDENT, THEN PROVIDED TO BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION FOLLOWS APPROPRIATE PROTOCOLS FOR DETERMINING THE COMPESATION OF THE EXECUTIVE DIRECTOR, INCLUDING USING COMPARATIVE DATA AND BOARD APPROVAL OF THE COMPENSATION. BOX 15A IS CHECKED YES FOR THIS REASON. BOX 15B IS CHECKED NO SINCE NO EMPLOYEES MEET THE DEFINITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION HAS A ROBUST CONFLICT OF INTEREST POLICY. IN SHORT, DIRECTORS ARE REQUIRED TO RECUSE THEMSELVES OF ANY DECISION WHERE THEY HAVE A CONFLICT OF INTEREST. BOARD MEMBERS ACKNOWLEDGE RECEIPT AND ADHERANCE TO THE POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15A AND 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0382518
IRS990/TotalAssetsEOYAmt0624057
IRS990/TotalAssetsGrp/BOYAmt0382518
IRS990/TotalAssetsGrp/EOYAmt0624057
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0405223
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015816
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031498
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0127043
IRS990/TotalFunctionalExpensesGrp/TotalAmt0174357
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04491
IRS990/TotalLiabilitiesEOYAmt05657
IRS990/TotalLiabilitiesGrp/BOYAmt04491
IRS990/TotalLiabilitiesGrp/EOYAmt05657
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0378027
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0618400
IRS990/TotalProgramServiceExpensesAmt0127043
IRS990/TotalReportableCompFromOrgAmt050000
IRS990/TotalRevenueGrp/ExclusionAmt09507
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0414730
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0382518
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0624057
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 955
IRS990/USAddress/CityNm0PALOS VERDES ESTATES
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090724
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0PVEFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID MCGOWAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02133937977
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALOS VERDES ESTATES FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PALO
ReturnHeader/Filer/EIN0384135087
ReturnHeader/Filer/InCareOfNm0% PALOS VERDES ESTATES
ReturnHeader/Filer/PhoneNum02133937977
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 955
ReturnHeader/Filer/USAddress/CityNm0PALOS VERDES ESTATES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090274
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0834701792
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Lewis Sharpstone & Co
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05074 Tendilla Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Woodland Hills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091364
ReturnHeader/PreparerPersonGrp/PhoneNum08185701960
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEWIS SHARPSTONE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-27T09:53:54-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.