Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Scarlet Foundation
EIN 47-2531750 • 501(c)3 • Encino, CA
Pub. 78 Eligible990-N Coverage
Profile
The mission of Scarlet Foundation is to ensure that the learners of iLead Encino have the best educational experience possible.We work toward that goal by partnering with the administrators, facilitators and families of iLEAD Encino to develop and support programs, events and community-building activities that go above and beyond the school's traditional resources. All of this is made possible through the coordinated efforts of volunteers drawn from the iLEAD Encino community and through fundraising initiatives such as an annual giving campaign, community sponsorships and special events.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
13th percentile
Faster asset growth than 13% of similar nonprofits.
Revenue Growth
6th percentile
Faster revenue growth than 6% of similar nonprofits.
Balance Sheet
Assets
Down$10,436
Down $67,441 (-87%) from 2020
Liabilities
Flat$0
Flat from 2020
Net Assets
Down$10,436
Down $67,441 (-87%) from 2020
Revenue
Down$11,936
Down $175,388 (-94%) from 2020
Expenses
Down$79,377
Down $113,708 (-59%) from 2020
Net Income
Down-$67,441
Down $61,680 (-1071%) from 2020
Trend Graphs
Filings
Most recent year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $10,436
- Liabilities
- $0
- Net assets
- $10,436
- Revenue
- $11,936
- Expenses
- $79,377
- Net income
- -$67,441
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2020 to Jun 30, 2021
- Signed
- May 15, 2022
- Return Version
- 2020v4.1
- Gross Receipts
- $11,936
Mission and Program Overview
Mission
The mission of Scarlet Foundation is to ensure that the learners of iLead Encino have the best educational experience possible.We work toward that goal by partnering with the administrators, facilitators and families of iLEAD Encino to develop and support programs, events and community-building activities that go above and beyond the school's traditional resources. All of this is made possible through the coordinated efforts of volunteers drawn from the iLEAD Encino community and through fundraising initiatives such as an annual giving campaign, community sponsorships and special events.
SEE SCHEDULE O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SHADE PROJECT - THE ORGANIZATION PROVIDED SHADE STRUCTURES AND PLANTED TREES SO THAT THE KIDS CAN PLAY COMFORTABLY IN THE HEAT. | $44,015 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KENCHY RAGSDALE | President | PT | $0 | - | - |
| MAEGAN PEARSON | Co-VP Of Programs | PT | $0 | - | - |
| JESSE LEE | Director Of Operations | PT | $0 | - | - |
| ANITA KORNICK | Treasurer | PT | $0 | - | - |
| BRITTANY APPLEN | CTE Liaison | PT | $0 | - | - |
| ANDREA NUNEZ | VP Of Communications | PT | $0 | - | - |
| AMBER CAUL | Co-VP Of Programs | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Scarlet Foundation
- EIN
- 47-2531750
- Address
- 17500 BURBANK BLVD, ENCINO, CA 91316
Signing Officer
- Name
- Anita Kornick
- Title
- Treasurer
- Phone
- 3109905015
- Signed
- 2022-05-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Michael J Hacia CPA Prof Corp
- Address
- 5963 AMOS AVENUE, LAKEWOOD, CA 90712
- Preparer
- Michael J Hacia
- Phone
- 5628442222
Supplemental Narrative
Additional Explanations
General explanation attachment
“The scarlet foundation is the parent organization that works to provide fundraising support to santa clarita valley international (a public charter school). The organization is made-up of volunteers, all with a common goal to ensure the best educational, intellectual and social experience for scvi learners. The organization assists the school in preparing the learners to be active, responsible and successful adults. The organization conducts a variety of fundraising events. The annual giving drive, clothing and merchandise sales, pizza friday, valentine grams, merchant incentive programs, restaurant nights, step-it-up walk-a-thon, a winter ball with an auction, and bake sales.”
List of grants and similar amounts paid Part I line 10
“Activity school bus program grantee santa clarita valley international street 28060 hasley canyon drive city, state, zip castaic, ca 91384amount 28,000activity shade program grantee santa clarita valley international street 28060 hasley canyon drive city, state, zip castaic, ca 91384amount 44,015”
Description of other expenses Part I line 16
“Description amountcredit card processing fees 1,804insurance expense 3,683office expense 953taxes & licenses 850postage & delivery 29supplies 43”
Raw XML Appendix159 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.
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | VP OF COMMUNICATIONS |
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| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
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| IRS990EZ/OtherExpensesTotalAmt | 0 | 7362 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE SCARLET FOUNDATION IS THE PARENT ORGANIZATION THAT WORKS TO PROVIDE FUNDRAISING SUPPORT TO SANTA CLARITA VALLEY INTERNATIONAL (A PUBLIC CHARTER SCHOOL). THE ORGANIZATION IS MADE-UP OF VOLUNTEERS, ALL WITH A COMMON GOAL TO ENSURE THE BEST EDUCATIONAL, INTELLECTUAL AND SOCIAL EXPERIENCE FOR SCVI LEARNERS. THE ORGANIZATION ASSISTS THE SCHOOL IN PREPARING THE LEARNERS TO BE ACTIVE, RESPONSIBLE AND SUCCESSFUL ADULTS. THE ORGANIZATION CONDUCTS A VARIETY OF FUNDRAISING EVENTS. THE ANNUAL GIVING DRIVE, CLOTHING AND MERCHANDISE SALES, PIZZA FRIDAY, VALENTINE GRAMS, MERCHANT INCENTIVE PROGRAMS, RESTAURANT NIGHTS, STEP-IT-UP WALK-A-THON, A WINTER BALL WITH AN AUCTION, AND BAKE SALES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY SCHOOL BUS PROGRAM GRANTEE SANTA CLARITA VALLEY INTERNATIONAL STREET 28060 HASLEY CANYON DRIVE CITY, STATE, ZIP CASTAIC, CA 91384AMOUNT 28,000ACTIVITY SHADE PROGRAM GRANTEE SANTA CLARITA VALLEY INTERNATIONAL STREET 28060 HASLEY CANYON DRIVE CITY, STATE, ZIP CASTAIC, CA 91384AMOUNT 44,015 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION AMOUNTCREDIT CARD PROCESSING FEES 1,804INSURANCE EXPENSE 3,683OFFICE EXPENSE 953TAXES & LICENSES 850POSTAGE & DELIVERY 29SUPPLIES 43 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | General explanation attachment |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other expenses Part I line 16 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
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| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-05-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL J HACIA |
| ReturnHeader/ReturnTs | 0 | 2022-05-15T21:37:53-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | ANITA |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | KORNICK |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-06-30 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
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