Civic Intelligence

Manhattan Beach Education Foundation Endowment Fund

990 • Fiscal year 2024 • EIN 45-3552314

Jul 01, 2023 to Jun 30, 2024 • Filed on May 13, 2025

325 S Peck AveManhattan Beach, CA 90266

(310) 303-3342

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

9th percentile

0.02x

Higher debt load relative to revenue than 9% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

92nd percentile

60%

Higher net margin than 92% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

20th percentile

$148,512

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

61%

Faster revenue growth than 88% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$26,612,248

Up $2,962,602 (+13%) from 2023

Net Assets

Up

$26,547,248

Up $2,962,602 (+13%) from 2023

Liabilities

Flat

$65,000

Flat from 2023

Revenue

Up

$3,202,329

Up $1,215,832 (+61%) from 2023

Expenses

Up

$1,278,236

Up $12,129 (+1.0%) from 2023

Net Income

Up

$1,924,093

Up $1,203,703 (+167%) from 2023

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2012: $0Liabilities 2012: $02012Assets 2013: $85,377Net Assets 2013: $85,3772013Assets 2014: $13,303,017Liabilities 2014: $23,535Net Assets 2014: $13,279,4822014Assets 2015: $13,836,325Liabilities 2015: $77,184Net Assets 2015: $13,759,1412015Assets 2016: $14,407,313Liabilities 2016: $72,998Net Assets 2016: $14,334,3152016Assets 2017: $17,046,853Liabilities 2017: $65,000Net Assets 2017: $16,981,8532017Assets 2018: $18,563,560Liabilities 2018: $68,000Net Assets 2018: $18,495,5602018Assets 2019: $19,554,391Liabilities 2019: $68,200Net Assets 2019: $19,486,1912019Assets 2020: $19,188,638Liabilities 2020: $124,271Net Assets 2020: $19,064,3672020Assets 2021: $24,473,098Liabilities 2021: $65,000Net Assets 2021: $24,408,0982021Assets 2022: $21,812,360Liabilities 2022: $65,000Net Assets 2022: $21,747,3602022Assets 2023: $23,649,646Liabilities 2023: $65,000Net Assets 2023: $23,584,6462023Assets 2024: $26,612,248Liabilities 2024: $65,000Net Assets 2024: $26,547,2482024

Highlighted filing

2024

Assets$26,612,248
Liabilities$65,000
Net Assets$26,547,248

Operations Trend

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

$15M$10M$5.0M$0Revenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $127,973Expenses 2013: $42,596Net Income 2013: $85,3772013Revenue 2014: $12,006,988Expenses 2014: $262,758Net Income 2014: $11,744,2302014Revenue 2015: $891,078Expenses 2015: $348,400Net Income 2015: $542,6782015Revenue 2016: $1,838,628Expenses 2016: $383,322Net Income 2016: $1,455,3062016Revenue 2017: $2,183,238Expenses 2017: $586,038Net Income 2017: $1,597,2002017Revenue 2018: $1,813,989Expenses 2018: $841,718Net Income 2018: $972,2712018Revenue 2019: $1,593,201Expenses 2019: $966,433Net Income 2019: $626,7682019Revenue 2020: $1,379,947Expenses 2020: $1,058,631Net Income 2020: $321,3162020Revenue 2021: $1,760,718Expenses 2021: $1,074,289Net Income 2021: $686,4292021Revenue 2022: $1,901,786Expenses 2022: $1,249,613Net Income 2022: $652,1732022Revenue 2023: $1,986,497Expenses 2023: $1,266,107Net Income 2023: $720,3902023Revenue 2024: $3,202,329Expenses 2024: $1,278,236Net Income 2024: $1,924,0932024

Highlighted filing

2024

Revenue$3,202,329
Expenses$1,278,236
Net Income$1,924,093
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$4,945,744
Mission and Program Overview

Mission

Mbef endowment provides mbef with a continuing and sustainable funding source that will expand and enhance the quality of public education in manhattan beach, now and for generations to come.

The manhattan beach education foundation endowment fund provides the manhattan beach education foundation with a continuing and sustainable funding source that will expand and enhance the quality of public education in manhattan beach, now and for generations to come.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$22,645,361$25,220,717▲ $2,575,356
Cash and Non-Interest-Bearing Accounts$159,016$232,533▲ $73,517
Savings and Temporary Cash Investments$3,807$23,408▲ $19,601
Prepaid Expenses and Deferred Charges$7,353$6,926▼ $427
Pledges and Grants Receivable$500$0▼ $500
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$23,649,646$26,612,248▲ $2,962,602
Other Assets Total$833,609$1,128,664▲ $295,055
Liabilities
Other Liabilities$65,000$65,000→ $0
Total Liabilities$65,000$65,000→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$12,189,049$15,019,965▲ $2,830,916
Net Assets Without Donor Restrictions$11,395,597$11,527,283▲ $131,686
Total Net Assets Fund Balance$23,584,646$26,547,248▲ $2,962,602
Total Liabilities and Net Assets / Fund Balance$23,649,646$26,612,248▲ $2,962,602

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$5,696$5,696
Other Land Buildings$0$1,418$1,418

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$23,460,453$1,295,809▲ $2,927,665-$26,486,266
2022$21,684,221$1,003,909▲ $2,086,774$156,000$23,460,453
2021$23,975,465$1,361,236▼ $2,515,278-$21,684,221
2020$18,915,301$224,017▲ $5,835,564-$23,975,465
2019$19,329,812$151,084▲ $358,237-$18,915,301
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Hilary MahanExecutive DirectorPT$148,512$148,512
David BrennanDirector of Development & PartnershipPT$120,721$120,721

Board Members and Trustees

NameTitle
Roger SpencerPresident
Alice KuoDirector
Geoff BremerDirector
Jeri VickDirector
Mike DuckworthDirector
Rich WeissCIO
Mitchell OzawaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,295,809
Program Service Revenue
$0
Investment Income
$1,906,520
Other Revenue
$0
All Other Contributions
$261,088
Change in Net Assets
$1,924,093

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,202,329
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,038,509
Total Revenue per Audited Statements
$4,240,838
Total Revenue per Form 990
$3,202,329
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,202,161
Other Expenses$76,075
Total Fundraising Expense$47,758
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,202,161--$1,202,161
Fees for Services Management-$19,500$45,500$65,000
Fees for Services Accounting-$3,600-$3,600
Insurance-$3,464-$3,464
Other Expenses--$1,998$1,998
Office Expenses-$1,433$260$1,693
Information Technology-$320-$320
Total Functional Expenses$1,202,161$28,317$47,758$1,278,236

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,278,236
Total Expenses per Audited Statements$1,278,236
Total Expenses per Form 990$1,278,236
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Manhattan Beach Education FoundationManhattan Beach, CA501(c)(3)K-12 Educational Support$1,202,161
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
Due to Manhattan Beach Education Foundation$65,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The audit and compliance committee reviews and approves the form 990. It is then provided to the full board for final review, and the audit and compliance committee chair presents the committee's approval.

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

Employees, independent contractors, board of director members, and committee members must sign a conflict of interest declaration annually. The forms are reviewed and maintained in the organization's offices. The person with conflict concerns shall not participate in discussion and vote of the matter.

Form 990, Part VI, Section C, Line 19

The organization makes governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Manhattan Beach Education Foundation
EIN
45-3552314
Phone
3103033342
Address
325 S PECK AVE, MANHATTAN BEACH, CA 90266

Signing Officer

Name
Mitchell Ozawa
Title
Treasurer
Phone
3103033342
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roger Spencer
Formed
2011
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
10

Preparer

Firm
Windes Inc
Address
2050 MAIN ST STE 1300, IRVINE, CA 92614
Preparer
Eleanor a Livingston CPA Mst
Phone
9498529433
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Endowment funds include perpetually restricted endowment funds and board-designated funds, collectively referred to as endowment funds. The endowment funds are intended to generate returns sufficient to contribute to the current and expected future financial requirements of the manhattan beach education foundation.

PART X, LINE 2:

The organization recognizes the financial statement benefit of tax positions, such as its filing status as tax-exempt, only after determining that the relevant tax authority would more likely than not sustain the position following an audit. The organization is subject to potential income tax audits on open tax years by any taxing jurisdiction in which it operates. The statute of limitations for federal purposes is three years and for california purposes is four years.

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IRS990/PYContributionsGrantsAmt01003913
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01162951
IRS990/PYInvestmentIncomeAmt0982584
IRS990/PYOtherExpensesAmt0103156
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0720390
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01266107
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01986497
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01924093
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt01034721
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03807
IRS990/SavingsAndTempCashInvstGrp/EOYAmt023408
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01295809
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01003913
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01119234
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0551180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0275278
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04245414
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0631226
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0535522
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0472838
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0425170
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0430420
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02495176
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62910
IRS990ScheduleA/PublicSupportPY170Pct00.62010
IRS990ScheduleA/PublicSupportTotal170Amt04240226
IRS990ScheduleA/SubstantialContributorsTotAmt05188
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01295809
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01003913
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01119234
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0551180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0275278
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04245414
IRS990ScheduleA/TotalSupportAmt06740590
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.43467
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt023460453
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01295809
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt026486266
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt01197661
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02927665
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt021684221
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01003909
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt023460453
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt01158451
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02086774
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0156000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt023975465
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01361236
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt021684221
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt01137202
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2515278
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt018915301
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0224017
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt023975465
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0999417
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05835564
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt019329812
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0151084
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt018915301
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0923832
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0358237
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05696
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05696
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01278236
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01038509
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01418
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01418
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt065000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO MANHATTAN BEACH EDUCATION FOUNDATION
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.37753
IRS990ScheduleD/RevenueNotReportedAmt01038509
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03202329
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ENDOWMENT FUNDS INCLUDE PERPETUALLY RESTRICTED ENDOWMENT FUNDS AND BOARD-DESIGNATED FUNDS, COLLECTIVELY REFERRED TO AS ENDOWMENT FUNDS. THE ENDOWMENT FUNDS ARE INTENDED TO GENERATE RETURNS SUFFICIENT TO CONTRIBUTE TO THE CURRENT AND EXPECTED FUTURE FINANCIAL REQUIREMENTS OF THE MANHATTAN BEACH EDUCATION FOUNDATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS ITS FILING STATUS AS TAX-EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE ORGANIZATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL PURPOSES IS THREE YEARS AND FOR CALIFORNIA PURPOSES IS FOUR YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.18780
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01278236
IRS990ScheduleD/TotalLiabilityAmt065000
IRS990ScheduleD/TotalRevenuePerForm990Amt03202329
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04240838
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01278236
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01202161
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0K-12 EDUCATIONAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MANHATTAN BEACH EDUCATION FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0953881166
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0325 PECK AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MANHATTAN BEACH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090266
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0EACH YEAR, THE MBEF GRANTS COMMITTEE, WHICH INCLUDES BOARD MEMBERS REPRESENTING ALL SCHOOL SITES, COLLABORATES WITH DISTRICT AND SCHOOL LEADERSHIP, EDUCATORS, PARENTS, AND STUDENTS TO ENSURE THAT THE FUNDS ARE BEING UTILIZED EFFECTIVELY, ASSESS THE EFFECTIVENESS OF CURRENT GRANTS, AND IDENTIFY ANY SHIFTS IN PRIORITIES FOR FUTURE GRANTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE AUDIT AND COMPLIANCE COMMITTEE REVIEWS AND APPROVES THE FORM 990. IT IS THEN PROVIDED TO THE FULL BOARD FOR FINAL REVIEW, AND THE AUDIT AND COMPLIANCE COMMITTEE CHAIR PRESENTS THE COMMITTEE'S APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EMPLOYEES, INDEPENDENT CONTRACTORS, BOARD OF DIRECTOR MEMBERS, AND COMMITTEE MEMBERS MUST SIGN A CONFLICT OF INTEREST DECLARATION ANNUALLY. THE FORMS ARE REVIEWED AND MAINTAINED IN THE ORGANIZATION'S OFFICES. THE PERSON WITH CONFLICT CONCERNS SHALL NOT PARTICIPATE IN DISCUSSION AND VOTE OF THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MANHATTAN BEACH EDUCATION FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0953881166
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE SUPPORT TO THE MANHATTAN BEACH UNIFIED SCHOOL DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0325 S PECK AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MANHATTAN BEACH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd090266
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.6$0.07$26.5$3.20$1.28$1.92
2023Summary only. Only limited summary data is available for this year.$23.6$0.07$23.6$1.99$1.27$0.72
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.8$0.07$21.7$1.90$1.25$0.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.5$0.07$24.4$1.76$1.07$0.69
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.2$0.12$19.1$1.38$1.06$0.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.6$0.07$19.5$1.59$0.97$0.63
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$0.07$18.5$1.81$0.84$0.97
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.0$0.07$17.0$2.18$0.59$1.60
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.4$0.07$14.3$1.84$0.38$1.46
2015Detailed filing. Detailed filing data is available for this year.$13.8$0.08$13.8$0.89$0.35$0.54
2014Detailed filing. Detailed filing data is available for this year.$13.3$0.02$13.3$12.0$0.26$11.7
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.09$0.13$0.04$0.09
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00