Liabilities / Assets
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Science Academy Fundraising Initiative
990EZ • Fiscal year 2020 • EIN 47-4873915
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
82nd percentile
Higher net margin than 82% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
95th percentile
Faster asset growth than 95% of similar nonprofits.
Revenue Growth
78th percentile
Faster revenue growth than 78% of similar nonprofits.
Balance Sheet
Assets
Up$93,409
Up $69,799 (+296%) from 2019
Net Assets
Up$93,409
Up $69,799 (+296%) from 2019
Liabilities
Flat$0
Flat from 2019
Revenue And Expenses
Revenue
Up$196,233
Up $29,229 (+18%) from 2019
Expenses
Down$126,434
Down $52,148 (-29%) from 2019
Net Income
Up$69,799
Up $81,377 (+703%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Aug 1, 2019 to Jul 31, 2020
- Signed
- Jan 19, 2021
- Return Version
- 2019v5.1
- Gross Receipts
- $196,233
Mission and Program Overview
Mission
None
Fundraising for STEM science magnet school in order to pay for tield trips, teachers' professional development, and technology, such as robotics and VR lab.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Provide materials and education to the teachers and their classrooms for the students. | $0 | $0 |
| Provide field trip opportunities to enhance the STEM learning process and engage the students. | $0 | $0 |
| Provide competitions to enhance the STEM learning process and engage the students. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Kate Carone | Treasurer | PT | $0 | - | - |
| Denise DaVinci | President High School | PT | $0 | - | - |
| Ilana Rein | President Middle School | PT | $0 | - | - |
| Nikki Fong | Secretary | PT | $0 | - | - |
| Andrea Corrales | VP High School | PT | $0 | - | - |
| Robyn Persaud | VP Middle School | PT | $0 | - | - |
| Jan Min | Communications | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Science Academy Fundraising Initiative
- EIN
- 47-4873915
- Phone
- 3238542146
- Address
- 13351 Riverside Drive No D 526, Sherman Oaks, CA 91423
Signing Officer
- Name
- Kate Carone
- Title
- President
- Phone
- 3238542146
- Signed
- 2021-01-19
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Poole Foster & Dul an Accountancy Corp
- Address
- 12241 Newport Ave Ste 100, North Tustin, CA 92705
- Preparer
- Cynthia M Foster
- Phone
- 7145581921
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 8 - Other Revenue
“Description: Rebates. Amount: 1,795.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Teacher classroom materials. Amount: 1,702. Description: Career counseling. Amount: 14,417. Description: Field trips. Amount: 8,928. Description: Competitions. Amount: 17,030. Description: Bank charges. Amount: 37. Description: Insurance. Amount: 624. Description: Supplies. Amount: 2,790. Description: Hospitality. Amount: 5,203. Description: Robotics supplies. Amount: 13,153. Description: Science support materials. Amount: 7,924. Description: Special events. Amount: 7,205. Description: Miscellaneous. Amount: 188. Description: License and fees. Amount: 395. Description: Professional development. Amount: 2,932. Description: Classroom software. Amount: 5,412. Description: Computer fees. Amount: 728. Description: AP workbooks. Amount: 1,169. Description: Chromebooks and projectors. Amount: 13,023. Description: PO Box. Amount: 216. Description: Spirit wear. Amount: 7,366. Description: Art education. Amount: 1,605. Description: Travel. Amount: 1,008. Total to Form 990-EZ, line 16: 113,055.”
Raw XML Appendix182 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/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Kate Carone |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Treasurer |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | VP High School |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | VP Middle School |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Communications |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 113055 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1795 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Fundraising for STEM science magnet school in order to pay for tield trips, teachers' professional development, and technology, such as robotics and VR lab. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 420 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 40937 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Provide materials and education to the teachers and their classrooms for the students. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Provide field trip opportunities to enhance the STEM learning process and engage the students. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Provide competitions to enhance the STEM learning process and engage the students. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
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| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
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| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
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| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 24209 |
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| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 79776 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
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| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 672 |
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| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99480 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99760 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 476550 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 194438 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 174760 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 96295 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 11057 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 476550 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 196233 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 175432 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 96295 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 11057 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 479017 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Rebates. Amount: 1,795. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: Teacher classroom materials. Amount: 1,702. Description: Career counseling. Amount: 14,417. Description: Field trips. Amount: 8,928. Description: Competitions. Amount: 17,030. Description: Bank charges. Amount: 37. Description: Insurance. Amount: 624. Description: Supplies. Amount: 2,790. Description: Hospitality. Amount: 5,203. Description: Robotics supplies. Amount: 13,153. Description: Science support materials. Amount: 7,924. Description: Special events. Amount: 7,205. Description: Miscellaneous. Amount: 188. Description: License and fees. Amount: 395. Description: Professional development. Amount: 2,932. Description: Classroom software. Amount: 5,412. Description: Computer fees. Amount: 728. Description: AP workbooks. Amount: 1,169. Description: Chromebooks and projectors. Amount: 13,023. Description: PO Box. Amount: 216. Description: Spirit wear. Amount: 7,366. Description: Art education. Amount: 1,605. Description: Travel. Amount: 1,008. Total to Form 990-EZ, line 16: 113,055. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 8 - Other Revenue |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Kate Carone |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3238542146 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-01-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Science Academy Fundraising Initiative |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SCIE |
| ReturnHeader/Filer/EIN | 0 | 474873915 |
| ReturnHeader/Filer/PhoneNum | 0 | 3238542146 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 13351 Riverside Drive No D 526 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Sherman Oaks |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 91423 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 952793752 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Poole Foster & Dul an Accountancy Corp |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 12241 Newport Ave Ste 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | North Tustin |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 92705 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7145581921 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-01-19 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Cynthia M Foster |
| ReturnHeader/ReturnTs | 0 | 2021-01-22T11:30:43-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-08-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-07-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $93,409
- Liabilities
- $0
- Net assets
- $93,409
- Revenue
- $196,233
- Expenses
- $126,434
- Net income
- $69,799