Civic Intelligence

Value Schools Foundation

990 • Fiscal year 2020 • EIN 45-5233028

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

Organization ProfileWWW.VALUESCHOOLS.COM
680 Wilshire Place No 315Los Angeles, CA 90005

(213) 388-8695

Siviq Scores

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

Liabilities / Assets

89th percentile

0.89x

Higher debt load relative to assets than 89% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

6.44x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

53rd percentile

5.0%

Higher net margin than 53% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

32nd percentile

$183,594

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

30th percentile

1.1%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

82nd percentile

26%

Faster revenue growth than 82% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$25,528,456

Up $287,067 (+1.1%) from 2019

Net Assets

Up

$2,773,040

Up $178,099 (+6.9%) from 2019

Liabilities

Up

$22,755,416

Up $108,968 (+0.5%) from 2019

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin53rd percentile

Revenue

Up

$3,532,687

Up $724,621 (+26%) from 2019

Expenses

Up

$3,354,588

Up $464,407 (+16%) from 2019

Net Income

Up

$178,099

Up $260,214 (+317%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$60M$40M$20M$0Assets 2014: $18,133,775Liabilities 2014: $15,052,960Net Assets 2014: $3,080,8152014Assets 2015: $17,622,912Liabilities 2015: $14,530,904Net Assets 2015: $3,092,0082015Assets 2016: $17,058,051Liabilities 2016: $14,441,326Net Assets 2016: $2,616,7252016Assets 2017: $25,777,604Liabilities 2017: $23,018,696Net Assets 2017: $2,758,9082017Assets 2018: $25,039,973Liabilities 2018: $22,362,917Net Assets 2018: $2,677,0562018Assets 2019: $25,241,389Liabilities 2019: $22,646,448Net Assets 2019: $2,594,9412019Assets 2020: $25,528,456Liabilities 2020: $22,755,416Net Assets 2020: $2,773,0402020Assets 2021: $36,190,570Liabilities 2021: $31,688,408Net Assets 2021: $4,502,1622021Assets 2022: $37,084,101Liabilities 2022: $32,636,948Net Assets 2022: $4,447,1532022Assets 2023: $55,686,775Liabilities 2023: $50,993,916Net Assets 2023: $4,692,8592023Assets 2024: $54,632,028Liabilities 2024: $50,378,377Net Assets 2024: $4,253,6512024

Highlighted filing

2020

Assets$25,528,456
Liabilities$22,755,416
Net Assets$2,773,040
Open 2020 Filing

Operations Trend

Revenue Growth82nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $4,056,667Expenses 2014: $1,015,672Net Income 2014: $3,040,9952014Revenue 2015: $1,215,379Expenses 2015: $1,214,137Net Income 2015: $1,2422015Revenue 2016: $1,247,996Expenses 2016: $1,714,164Net Income 2016: -$466,1682016Revenue 2017: $1,949,460Expenses 2017: $1,841,477Net Income 2017: $107,9832017Revenue 2018: $2,327,774Expenses 2018: $2,412,142Net Income 2018: -$84,3682018Revenue 2019: $2,808,066Expenses 2019: $2,890,181Net Income 2019: -$82,1152019Revenue 2020: $3,532,687Expenses 2020: $3,354,588Net Income 2020: $178,0992020Revenue 2021: $5,076,003Expenses 2021: $3,346,881Net Income 2021: $1,729,1222021Revenue 2022: $4,234,349Expenses 2022: $4,289,358Net Income 2022: -$55,0092022Revenue 2023: $4,676,645Expenses 2023: $4,430,939Net Income 2023: $245,7062023Revenue 2024: $4,009,314Expenses 2024: $4,448,522Net Income 2024: -$439,2082024

Highlighted filing

2020

Revenue$3,532,687
Expenses$3,354,588
Net Income$178,099
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$3,532,687
Mission and Program Overview

Mission

Value schools foundation facilitates the development of charter schools, to lease, own, manage, maitain and operate an educational institution, to provide charter school facilities and operational and other support to charter schools, to assist philanthropists and foundations in accelerating the growth of high quality charter schools, and to provide and otherwise obtain or assist in obtaining charter school financing.

To support the development of charter schools through purchasing and owning school's facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,177,025$19,224,405▲ $47,380
Savings and Temporary Cash Investments$1,082,919$3,070,542▲ $1,987,623
Cash and Non-Interest-Bearing Accounts$3,338,412$697,367▼ $2,641,045
Accounts Receivable$12,879$405,591▲ $392,712
Investments in Publicly Traded Securities-$247,500-
Prepaid Expenses and Deferred Charges$56,123$67,996▲ $11,873
Total Assets$25,241,389$25,528,456▲ $287,067
Other Assets Total$1,574,031$1,815,055▲ $241,024
Liabilities
Tax Exempt Bond Liabilities$19,993,595$19,890,850▼ $102,745
Other Liabilities$2,422,996$2,551,361▲ $128,365
Deferred Revenue$193,919$194,579▲ $660
Accounts Payable and Accrued Expenses$35,938$118,626▲ $82,688
Total Liabilities$22,646,448$22,755,416▲ $108,968
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,069,662$1,849,195▼ $220,467
Net Assets With Donor Restrictions$525,279$923,845▲ $398,566
Total Net Assets Fund Balance$2,594,941$2,773,040▲ $178,099
Total Liabilities and Net Assets / Fund Balance$25,241,389$25,528,456▲ $287,067

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$12,385,236$2,376,091$14,761,327
Land$5,512,676-$5,512,676
Buildings$663,502$205,369$868,871
Other Land Buildings$602,888-$602,888
Equipment$60,103$90,153$150,256
Other Assets Org$1,815,055--
Compensation and Service Providers
Top Officer Pay32nd percentile

Board Members and Trustees

NameTitle
Grant CambridgeBoard Chair
David DoylePresident/CEO
Amanda SweeneyMember
Annie WuMember
James BrayMember
Jody FoldesyMember
Juan BustamanteMember
MATT O'CONNORMember
Naya BloomMember
Peter HildebrandtMember
Tom LeveeMember
Vince GonzalesMember
Rhonda HoffarthSecretary & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,396,901
Program Service Revenue
$2,102,602
Investment Income
$33,184
Other Revenue
$0
All Other Contributions
$1,396,901
Change in Net Assets
$178,099

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,532,687
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,532,687
Total Revenue per Form 990
$3,532,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,180,428
Grants and Similar Amounts Paid$174,160
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,378,540--$1,378,540
Occupancy$1,123,688--$1,123,688
Depreciation Depletion$555,508--$555,508
Grants to Domestic Orgs$174,160--$174,160
Other Expenses$42,489$80,203-$122,692
Total Functional Expenses$3,274,385$80,203$0$3,354,588

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,354,588
Total Expenses per Audited Statements$3,354,588
Total Expenses per Form 990$3,354,588
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Value SchoolsLos Angeles, CA501 (c) (3)Contribution to School$174,160
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
Grant Funds Reserve$988,615
Deferred Rent Liability$675,275
Bond Interest Payable$668,143
Related Party Payable$219,328

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACalifornia School Finance Authority School Facility Revenue Bonds2013-08-08$12,870,000To acquire and construct the land and facilities for value schools
BCalifornia School Finance Authority School Facility Revenue Bonds2016-12-01$8,090,000To renovate facilities for value schools

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$12,870,000-$640,000$257,400
B$8,090,000--$40,450

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There are no committees with the authority to act upon the governing body.”

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

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review and approval prior to submitting to the irs.”

Form 990, Part VI, Section B, Line 12

“Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.”

Form 990, Part VI, Section C, Line 19

“The governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Value Schools Foundation
EIN
45-5233028
Phone
2133888695
Address
680 WILSHIRE PLACE NO 315, LOS ANGELES, CA 90005

Signing Officer

Name
David Doyle
Title
President/CEO
Phone
2133888695
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Doyle
Formed
2012
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Derrick Debruyne CPA
Phone
6268577300
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The foundation is a non-profit entity exempt from the payment of income taxes under internal revenue code section 501(c)(3) and california revenue and taxation code section 23701d. Accordingly, no provision has been made for income taxes. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The foundation files an exempt organization return and applicable unrelated business income tax returns in the u.s. Federal jurisdiction and with the california franchise tax board.”

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

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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0VALUE SCHOOLS FOUNDATION FACILITATES THE DEVELOPMENT OF CHARTER SCHOOLS, TO LEASE, OWN, MANAGE, MAINTAIN AND OPERATE AN EDUCATIONAL INSTITUTION, TO PROVIDE CHARTER SCHOOL FACILITIES AND OPERATIONAL AND OTHER SUPPORT TO CHARTER SCHOOLS, TO ASSIST PHILANTHROPISTS AND FOUNDATIONS IN ACCELERATING THE GROWTH OF HIGH QUALITY CHARTER SCHOOLS, AND TO PROVIDE AND OTHERWISE OBTAIN OR ASSIST IN OBTAINING CHARTER SCHOOL FINANCING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02594941
IRS990/NetAssetsOrFundBalancesEOYAmt02773040
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02069662
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01849195
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01123688
IRS990/OccupancyGrp/TotalAmt01123688
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01574031
IRS990/OtherAssetsTotalGrp/EOYAmt01815055
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt080203
IRS990/OtherExpensesGrp/ProgramServicesAmt042489
IRS990/OtherExpensesGrp/TotalAmt0122692
IRS990/OtherLiabilitiesGrp/BOYAmt02422996
IRS990/OtherLiabilitiesGrp/EOYAmt02551361
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt056123
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt067996
IRS990/PrincipalOfficerNm0DAVID DOYLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02102602
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02102602
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0705879
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0300095
IRS990/PYInvestmentIncomeAmt067364
IRS990/PYOtherExpensesAmt02590086
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02034823
IRS990/PYRevenuesLessExpensesAmt0-82115
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02890181
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02808066
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0178099
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02102602
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01082919
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03070542
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01396901
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0705879
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0197950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0438810
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0275709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03015249
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt033184
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt067364
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt039131
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt012648
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04639
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0156966
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt08693768
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62680
IRS990ScheduleA/PublicSupportPY170Pct00.59900
IRS990ScheduleA/PublicSupportTotal170Amt01988306
IRS990ScheduleA/SubstantialContributorsTotAmt01026943
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01396901
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0705879
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0197950
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0438810
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0275709
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03015249
IRS990ScheduleA/TotalSupportAmt03172215
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/BuildingsGrp/BookValueAmt0663502
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0205369
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0868871
IRS990ScheduleD/EquipmentGrp/BookValueAmt060103
IRS990ScheduleD/EquipmentGrp/DepreciationAmt090153
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0150256
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03354588
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05512676
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05512676
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt012385236
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02376091
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt014761327
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01815055
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED RENT ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0602888
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0602888
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0668143
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1219328
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2675275
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3988615
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RELATED PARTY PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED RENT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3GRANT FUNDS RESERVE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03532687
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE FOUNDATION FILES AN EXEMPT ORGANIZATION RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019224405
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01815055
IRS990ScheduleD/TotalExpensesPerForm990Amt03354588
IRS990ScheduleD/TotalLiabilityAmt02551361
IRS990ScheduleD/TotalRevenuePerForm990Amt03532687
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03532687
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03354588
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0174160
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C) (3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CONTRIBUTION TO SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VALUE SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientEIN0954813155
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0680 WILSHIRE PLACE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LOS ANGELES
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090005
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0164345
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1124258
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt011164
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt19190
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt08085
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt116662
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAVID DOYLE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1RHONDA HOFFARTH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SECRETARY & TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,528,456
Liabilities
$22,755,416
Net assets
$2,773,040
Revenue
$3,532,687
Expenses
$3,354,588
Net income
$178,099
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.6$50.4$4.25$4.01$4.45$0.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.7$51.0$4.69$4.68$4.43$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.1$32.6$4.45$4.23$4.29$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.2$31.7$4.50$5.08$3.35$1.73
2020Detailed filing. Detailed filing data is available for this year.$25.5$22.8$2.77$3.53$3.35$0.18
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$22.6$2.59$2.81$2.89$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.0$22.4$2.68$2.33$2.41$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.8$23.0$2.76$1.95$1.84$0.11
2016Detailed filing. Detailed filing data is available for this year.$17.1$14.4$2.62$1.25$1.71$0.47
2015Detailed filing. Detailed filing data is available for this year.$17.6$14.5$3.09$1.22$1.21$0.00
2014Detailed filing. Detailed filing data is available for this year.$18.1$15.1$3.08$4.06$1.02$3.04