Civic Intelligence

Pasadena Christian School Endowment Fund

990 • Fiscal year 2021 • EIN 47-2843365

Jun 01, 2020 to May 31, 2021 • Filed on Mar 29, 2022

1515 N Los Robles AvenuePasadena, CA 91104

(626) 791-1214

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

10th percentile

-58%

Higher net margin than 10% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

97th percentile

$77,214

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 68331.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

43rd percentile

1.1%

Faster asset growth than 43% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-88%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$286,282

Up $3,197 (+1.1%) from 2020

Net Assets

Up

$286,282

Up $3,197 (+1.1%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$113

Down $825 (-88%) from 2020

Expenses

Up

$179

Up $179 from 2020

Net Income

Down

-$66

Down $1,004 (-107%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2016: $284,801Liabilities 2016: $0Net Assets 2016: $284,8012016Assets 2017: $285,193Liabilities 2017: $0Net Assets 2017: $285,1932017Assets 2018: $284,717Liabilities 2018: $0Net Assets 2018: $284,7172018Assets 2019: $285,214Liabilities 2019: $0Net Assets 2019: $285,2142019Assets 2020: $283,085Liabilities 2020: $0Net Assets 2020: $283,0852020Assets 2021: $286,282Liabilities 2021: $0Net Assets 2021: $286,2822021Assets 2022: $288,847Liabilities 2022: $0Net Assets 2022: $288,8472022Assets 2023: $295,708Liabilities 2023: $0Net Assets 2023: $295,7082023Assets 2024: $298,201Liabilities 2024: $0Net Assets 2024: $298,2012024Assets 2025: $322,676Liabilities 2025: $0Net Assets 2025: $322,6762025

Highlighted filing

2021

Assets$286,282
Liabilities$0
Net Assets$286,282

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2016: $284,801Expenses 2016: $0Net Income 2016: $284,8012016Revenue 2017: $392Expenses 2017: $0Net Income 2017: $3922017Revenue 2018: $517Expenses 2018: $0Net Income 2018: $5172018Revenue 2019: $507Expenses 2019: $0Net Income 2019: $5072019Revenue 2020: $938Expenses 2020: $0Net Income 2020: $9382020Revenue 2021: $113Expenses 2021: $179Net Income 2021: -$662021Revenue 2022: $530Expenses 2022: -$2,035Net Income 2022: $2,5652022Revenue 2023: $6,725Expenses 2023: -$136Net Income 2023: $6,8612023Revenue 2024: $2,493Expenses 2024: $0Net Income 2024: $2,4932024Revenue 2025: $14,027Expenses 2025: $0Net Income 2025: $14,0272025

Highlighted filing

2021

Revenue$113
Expenses$179
Net Income-$66
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Mar 29, 2022
Return Version
2020v4.2
Gross Receipts
$113
Mission and Program Overview

Mission

Provide funding to pasadena christian school so that it can propogate and disseminate the religious principles embraced inthe christian faith and message.

Propogate and disseminate the christian faith and message.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$283,085$286,282▲ $3,197
Total Assets$283,085$286,282▲ $3,197
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$283,085$286,282▲ $3,197
Total Net Assets Fund Balance$283,085$286,282▲ $3,197
Total Liabilities and Net Assets / Fund Balance$283,085$286,282▲ $3,197

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$283,085-▲ $3,197-$286,282
2019$285,214-▼ $2,129-$283,085
2018$284,717-▲ $497-$285,214
2017$285,193-▼ $476-$284,717
2016$284,801-▲ $392-$285,193
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Jennifer BarthCFOFT$77,214$77,214

Board Members and Trustees

NameTitle
Lamont SmithPresident
David KnottCo-vice President
Jeremy KlopCo-vice President
Jessica GutierrezMember
John RouseMember
Karen SulahianMember
Vinod JeyakaranMember
William FlinnMember
Maureen ClaytonSecretary
William KefalasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$113
Other Revenue
$0
Change in Net Assets
$-66
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$179
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$179-$179
Total Functional Expenses$0$179$0$179
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
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 A, Line 8B

The organization does not have committees with authority to act on behalf of the governing body.

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

The board's current treasurer reviews and approves the 990 tax return prior to filing.

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

Annually, the board of directors is required to sign the conflict of interest policy. 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 B, Line 15

No compensation is paid by the organization.

Form 990, Part VI, Section C, Line 19

Upon request, the endowment's governing documents, conflict of interest policy, and financial statements can be faxed or mailed.

Filing and Contact Details

Filer

Filer Name
Pasadena Christian School Endowment
EIN
47-2843365
Phone
6267911214
Address
1515 N LOS ROBLES AVENUE, PASADENA, CA 91104

Signing Officer

Name
William Kefalas
Title
Treasurer
Phone
6267911214
Signed
2022-03-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lamont Smith
Formed
2016
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Mei-li Huang
Phone
6268577300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No changes from the prior year.

Financial Statement Notes

PART V, LINE 4:

Pasadena christian school's endowment funds are to further its exempt purpose and mission

PART X, LINE 2:

The school has received favorable determination letters indicating it is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and california franchise taxes under section 23701 of the california revenue taxation code. The school has evaluated its tax positions and the certainty as to whether those positions will be sustained in the event of an audit by taxing authorities at the federal and state levels. The primary tax positions evaluated are related to the school's continued qualification as a tax-exempt organization and whether there are unrelated business income activities conducted that would be taxable. 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 school is subject to income tax on net income that is derived from business activities that are unrelated to the exempt purposes. The school files an exempt school return and applicable unrelated business income tax return in the u.s. Federal jurisdiction and with the california franchise tax board.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PASADENA CHRISTIAN SCHOOL'S ENDOWMENT FUNDS ARE TO FURTHER ITS EXEMPT PURPOSE AND MISSION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL HAS RECEIVED FAVORABLE DETERMINATION LETTERS INDICATING IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 23701 OF THE CALIFORNIA REVENUE TAXATION CODE. THE SCHOOL HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE SCHOOL'S CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. 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 SCHOOL IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE SCHOOL FILES AN EXEMPT SCHOOL RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD'S CURRENT TREASURER REVIEWS AND APPROVES THE 990 TAX RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY, THE BOARD OF DIRECTORS IS REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO COMPENSATION IS PAID BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST, THE ENDOWMENT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS CAN BE FAXED OR MAILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGES FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PASADENA CHRISTIAN SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0951775154
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PASADENA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd091104
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0283085
IRS990/TotalAssetsEOYAmt0286282
IRS990/TotalAssetsGrp/BOYAmt0283085
IRS990/TotalAssetsGrp/EOYAmt0286282
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0179
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0179
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0283085
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0286282
IRS990/TotalOtherCompensationAmt01453
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0113
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0113
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0283085
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0286282
IRS990/TotReportableCompRltdOrgAmt075761
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01515 N LOS ROBLES AVENUE
IRS990/USAddress/CityNm0PASADENA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091104
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM KEFALAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06267911214
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PASADENA CHRISTIAN SCHOOL ENDOWMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND
ReturnHeader/Filer/BusinessNameControlTxt0PASA
ReturnHeader/Filer/EIN0472843365
ReturnHeader/Filer/PhoneNum06267911214
ReturnHeader/Filer/USAddress/AddressLine1Txt01515 N LOS ROBLES AVENUE
ReturnHeader/Filer/USAddress/CityNm0PASADENA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091104
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02210 EAST ROUTE 66
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENDORA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091740
ReturnHeader/PreparerPersonGrp/PhoneNum06268577300
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MEI-LI HUANG
ReturnHeader/ReturnTs02022-03-30T09:50:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KEFALAS
ReturnHeader/TaxPeriodBeginDt02020-06-01

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