Civic Intelligence

Klcs Education Foundation

990 • Fiscal year 2023 • EIN 46-3201162

Jul 01, 2022 to Jun 30, 2023 • Filed on May 08, 2024

1061 W Temple StLos Angeles, CA 90012-1513

(213) 241-4000

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

35th percentile

0.03x

Higher debt load relative to revenue than 35% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

95th percentile

72%

Higher net margin than 95% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

94th percentile

$273,842

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 74.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

73rd percentile

16%

Faster asset growth than 73% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

17th percentile

-20%

Faster revenue growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,948,262

Up $273,356 (+16%) from 2022

Net Assets

Up

$1,938,073

Up $265,370 (+16%) from 2022

Liabilities

Up

$10,189

Up $7,986 (+363%) from 2022

Revenue

Down

$366,307

Down $89,753 (-20%) from 2022

Expenses

Up

$100,937

Up $24,422 (+32%) from 2022

Net Income

Down

$265,370

Down $114,175 (-30%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $470,640Liabilities 2014: $0Net Assets 2014: $470,6402014Assets 2015: $347,150Liabilities 2015: $0Net Assets 2015: $347,1502015Assets 2016: $129,654Liabilities 2016: $0Net Assets 2016: $129,6542016Assets 2017: $199,646Liabilities 2017: $0Net Assets 2017: $199,6462017Assets 2018: $351,739Net Assets 2018: $351,7392018Assets 2019: $489,955Liabilities 2019: $660Net Assets 2019: $489,2952019Assets 2020: $928,081Liabilities 2020: $68Net Assets 2020: $928,0132020Assets 2021: $1,293,438Liabilities 2021: $280Net Assets 2021: $1,293,1582021Assets 2022: $1,674,906Liabilities 2022: $2,203Net Assets 2022: $1,672,7032022Assets 2023: $1,948,262Liabilities 2023: $10,189Net Assets 2023: $1,938,0732023Assets 2024: $2,213,632Liabilities 2024: $5,534Net Assets 2024: $2,208,0982024

Highlighted filing

2023

Assets$1,948,262
Liabilities$10,189
Net Assets$1,938,073

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $620,886Expenses 2014: $434,362Net Income 2014: $186,5242014Revenue 2015: $139,970Expenses 2015: $263,460Net Income 2015: -$123,4902015Revenue 2016: $134,793Expenses 2016: $355,083Net Income 2016: -$220,2902016Revenue 2017: $145,308Expenses 2017: $75,316Net Income 2017: $69,9922017Revenue 2018: $163,352Expenses 2018: $11,259Net Income 2018: $152,0932018Revenue 2019: $187,022Expenses 2019: $44,366Net Income 2019: $142,6562019Revenue 2020: $459,550Expenses 2020: $20,832Net Income 2020: $438,7182020Revenue 2021: $477,523Expenses 2021: $112,378Net Income 2021: $365,1452021Revenue 2022: $456,060Expenses 2022: $76,515Net Income 2022: $379,5452022Revenue 2023: $366,307Expenses 2023: $100,937Net Income 2023: $265,3702023Revenue 2024: $506,352Expenses 2024: $236,358Net Income 2024: $269,9942024

Highlighted filing

2023

Revenue$366,307
Expenses$100,937
Net Income$265,370
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 8, 2024
Return Version
2022v5.0
Gross Receipts
$366,307
Mission and Program Overview

Mission

To secure private funds to enhance the services and awareness of public television services offered by klcs-tv.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$999,166$1,500,000▲ $500,834
Cash and Non-Interest-Bearing Accounts$675,740$448,262▼ $227,478
Total Assets$1,674,906$1,948,262▲ $273,356
Liabilities
Accounts Payable and Accrued Expenses$2,203$10,189▲ $7,986
Total Liabilities$2,203$10,189▲ $7,986
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,672,703$1,938,073▲ $265,370
Total Net Assets Fund Balance$1,672,703$1,938,073▲ $265,370
Total Liabilities and Net Assets / Fund Balance$1,674,906$1,948,262▲ $273,356
Compensation and Service Providers

Board Members and Trustees

NameTitle
Polo MunozChair
Jaime JimenezPresident
Hall DavidsonVice-chair
Charlie ChiTreasurer
Jorge BrisenoVP and Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$342,760
Program Service Revenue
$0
Investment Income
$23,547
Other Revenue
$0
All Other Contributions
$170,717
Change in Net Assets
$265,370
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$90,937
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$10,544-$10,544
Grants to Domestic Orgs$10,000--$10,000
Conferences and Meetings-$9,500-$9,500
Fees for Services Other-$6,100-$6,100
Fees for Services Accounting-$5,148-$5,148
Other Expenses$4,826$8,274-$4,826
All Other Expenses-$3,275-$3,275
Advertising-$2,550-$2,550
Information Technology-$1,050-$1,050
Travel-$938-$938
Office Expenses-$642-$642
Total Functional Expenses$52,916$48,021$0$100,937
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boys and Girls Club of Southwest CountyTemecula, CA501(c)(3)KIDS' CUP TITLE SPONSORSHIP FOR 2023$10,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
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 draft form 990 is reviewed by the board prior to filing.

Form 990, Part VI, Section C, Line 19

The organization makes it governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Klcs Education Foundation
EIN
46-3201162
Phone
2132414000
Address
1061 W TEMPLE ST, LOS ANGELES, CA 90012-1513

Signing Officer

Name
Jaime Jimenez
Title
President
Phone
2132414000
Signed
2024-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jaime Jimenez
Formed
1972
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
James Moore & Co Pl
Address
5931 NW 1ST PL, GAINESVILLE, FL 32607-2063
Preparer
Corinne Laroche
Phone
3523781331
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Kef believes that it has appropriate support for income tax positions taken. Therefore, management has not identified any uncertain income tax position. Generally, income tax returns remain open for examination by taxing authorities for three years.

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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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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0202619
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1147124
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2133330
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt071223
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt151632
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt262983
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JAIME JIMENEZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JORGE BRISENO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2CHARLIE CHI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VP AND SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0273842
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1198756
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2196313
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0KLCS EDUCATION FOUNDATION HAS NO PAID CEO/EXECUTIVE DIRECTOR. THE SALARIES ON FORM 990, PART VII ARE FOR THE RELATED ORGANIZATION THE LOS ANGELES UNIFIED SCHOOL DISTRICT, AND ITS COMPENSATION POLICY STATES, "THE PERSONNEL COMMISSION, CLASSIFICATION AND COMPENSATION BRANCH IS RESPONSIBLE FOR THE CLASSIFICATION OF DISTRICT CLASSIFIED POSITIONS WHICH INCLUDE NON-CERTIFICATED POSITIONS. THE COMMISSION STAFF STUDIES DUTIES AND RESPONSIBILITIES OF CLASSIFIED POSITIONS ESTABLISHED BY THE BOARD OF EDUCATION AND MAKES RECOMMENDATIONS TO THE COMMISSION REGARDING THE PROPER CLASSIFICATION AND COMPENSATION."
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DRAFT FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LOS ANGELES UNIFIED SCHOOL DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0LOCAL GOVERNMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0333 SOUTH BEAUDRY AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LOS ANGELES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd090017
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01674906
IRS990/TotalAssetsEOYAmt01948262
IRS990/TotalAssetsGrp/BOYAmt01674906
IRS990/TotalAssetsGrp/EOYAmt01948262
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0342760
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048021
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt052916
IRS990/TotalFunctionalExpensesGrp/TotalAmt0100937
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02203
IRS990/TotalLiabilitiesEOYAmt010189
IRS990/TotalLiabilitiesGrp/BOYAmt02203
IRS990/TotalLiabilitiesGrp/EOYAmt010189
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01672703
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01938073
IRS990/TotalOtherCompensationAmt0185838
IRS990/TotalProgramServiceExpensesAmt052916
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt023547
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0366307
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

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