Form 990, Part VI, Section B, Line 11B
“The finance committee reviewed the tax ret0rn prior to filing.”
990 • Fiscal year 2024 • EIN 77-0073617
Scores are not available for this record yet.
Assets
Up$9,288,495
Up $1,034,392 (+13%) from 2023
Net Assets
Up$9,258,636
Up $1,023,750 (+12%) from 2023
Liabilities
Up$29,859
Up $10,642 (+55%) from 2023
Revenue
Up$466,837
Up $317,676 (+213%) from 2023
Expenses
Down$346,542
Down $48,384 (-12%) from 2023
Net Income
Up$120,295
Up $366,060 (+149%) from 2023
Ceef is an independent 501(c)(3) nonprofit corporation founded in 1984. Led by a volunteer board of community leaders, our mission is to raise and leverage private support to provide stable, sustainable funding that ensures ongoing excellence and enriches the educational program for all students in the cupertino union school district. We help cusd continue to set the standard of quality for public education by supplementing public funds with private philanthropy. Over the last 38 years, ceef has funded enhancement programs including classroom music, arts, math and technology; bolstered classroom excellence by supporting innovative professional development for teachers; and partnered with parents and the community to protect teachers' jobs and sustain great education in cusd.
Education for students in the cupertino union school district (cusd). Ceef works in partnership with cusd, parents, and the community to raise funds for the excellent educational programs that are beyond what is possible through federal and state funding.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $8,041,682 | $8,936,673 | ▲ $894,991 |
| Cash and Non-Interest-Bearing Accounts | $211,596 | $351,672 | ▲ $140,076 |
| Accounts Receivable | $825 | $150 | ▼ $675 |
| Total Assets | $8,254,103 | $9,288,495 | ▲ $1,034,392 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $19,217 | $29,859 | ▲ $10,642 |
| Total Liabilities | $19,217 | $29,859 | ▲ $10,642 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $7,911,549 | $8,977,157 | ▲ $1,065,608 |
| Net Assets With Donor Restrictions | $323,337 | $281,479 | ▼ $41,858 |
| Total Net Assets Fund Balance | $8,234,886 | $9,258,636 | ▲ $1,023,750 |
| Total Liabilities and Net Assets / Fund Balance | $8,254,103 | $9,288,495 | ▲ $1,034,392 |
| Name | Title |
|---|---|
| Karen Rizkalla | President |
| Arjay Mccandless | Director |
| Brian Block | Director |
| Ginny Sikri | Director |
| Leslie Mains | Director |
| Noa Bronicki | Director |
| Orrin Mahoney | Director |
| Sanjay Tandon | Director |
| Sonia Maiello | Director |
| Stuart Rosenberg | CFO & Treasurer |
| Yi Ding | Secretary |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $271,514 |
| Other Expenses | $75,028 |
| Total Fundraising Expense | $5,176 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $271,514 | - | - | $271,514 |
| Fees for Service Investment Mgmnt Fees | - | $53,800 | - | $53,800 |
| Fees for Services Other | $4,572 | $1,524 | $1,524 | $7,620 |
| Office Expenses | $3,942 | $1,314 | $1,314 | $6,570 |
| Fees for Services Accounting | $3,335 | $1,112 | $1,112 | $5,559 |
| Advertising | - | - | $1,163 | $1,163 |
| Other Expenses | $190 | $63 | $63 | $316 |
| Total Functional Expenses | $283,553 | $57,813 | $5,176 | $346,542 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Cupertino Union School District | Cupertino, CA | - | The Funding to Cusd Assists in Hiring Teacher Aids, After School Education, Recreational Activities, and Specific Educational Programs. | $271,514 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The finance committee reviewed the tax ret0rn prior to filing.”
“Compensation for the exective director is based on prior history of paying previous executive directors for ceef along with camparisions of salaries paid to unrelated entities of similar size with similar criteria for the exective director position.”
“The organization makes the 990 available to the public on its own website upon email request and on the public websites such as guidestar.”
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/AccountsReceivableGrp/EOYAmt | 0 | 150 |
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| IRS990/ActivityOrMissionDesc | 0 | EDUCATION FOR STUDENTS IN THE CUPERTINO UNION SCHOOL DISTRICT (CUSD). CEEF WORKS IN PARTNERSHIP WITH CUSD, PARENTS, AND THE COMMUNITY TO RAISE FUNDS FOR THE EXCELLENT EDUCATIONAL PROGRAMS THAT ARE BEYOND WHAT IS POSSIBLE THROUGH FEDERAL AND STATE FUNDING. |
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| IRS990/Desc | 0 | THE FOUNDATION PROVIDES GRANTS SOLEY TO THE CUPERTINO UNION SCHOOL DISTRICT (CUSD) AND ITS SCHOOLS. THE FUNDING TO CUSD ASSISTS IN HIRING TEACHER AIDS, AFTER SCHOOL EDUCATION, RECREATIONAL ACTIVITIES, AND SPECIFIC EDUCATIONAL PROGRAMS. |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 5559 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1983 |
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| IRS990/MissionDesc | 0 | CEEF IS AN INDEPENDENT 501(C)(3) NONPROFIT CORPORATION FOUNDED IN 1984. LED BY A VOLUNTEER BOARD OF COMMUNITY LEADERS, OUR MISSION IS TO RAISE AND LEVERAGE PRIVATE SUPPORT TO PROVIDE STABLE, SUSTAINABLE FUNDING THAT ENSURES ONGOING EXCELLENCE AND ENRICHES THE EDUCATIONAL PROGRAM FOR ALL STUDENTS IN THE CUPERTINO UNION SCHOOL DISTRICT. WE HELP CUSD CONTINUE TO SET THE STANDARD OF QUALITY FOR PUBLIC EDUCATION BY SUPPLEMENTING PUBLIC FUNDS WITH PRIVATE PHILANTHROPY. OVER THE LAST 38 YEARS, CEEF HAS FUNDED ENHANCEMENT PROGRAMS INCLUDING CLASSROOM MUSIC, ARTS, MATH AND TECHNOLOGY; BOLSTERED CLASSROOM EXCELLENCE BY SUPPORTING INNOVATIVE PROFESSIONAL DEVELOPMENT FOR TEACHERS; AND PARTNERED WITH PARENTS AND THE COMMUNITY TO PROTECT TEACHERS' JOBS AND SUSTAIN GREAT EDUCATION IN CUSD. |
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| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE VARIANCE BETWEEN SCHEDULE A LINE 1 AND FORM 990 PART VIII LINE 1H REPRESENTS CONTRIBUTIONS RECEIVED BUT NOT CLASSIFIED AS REVENUE. THE CUPERTINO EDUCATION ENDOWMENT FOUNDATION FUNCTIONS AS AN INTERMEDIARY TO COLLECT DONATIONS AND SUBSEQUENTLY DISTRIBUTE THEM TO LOCAL SCHOOLS. |
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| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.33600 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.34370 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 420043 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 124477 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 94490 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 45151 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 137926 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 17999 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 420043 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1250297 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 0 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 271514 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | THE FUNDING TO CUSD ASSISTS IN HIRING TEACHER AIDS, AFTER SCHOOL EDUCATION, RECREATIONAL ACTIVITIES, AND SPECIFIC EDUCATIONAL PROGRAMS. |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | CUPERTINO UNION SCHOOL DISTRICT |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 10301 VISTA DRIVE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | CUPERTINO |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 95014 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FINANCE COMMITTEE REVIEWED THE TAX RET0RN PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | COMPENSATION FOR THE EXECTIVE DIRECTOR IS BASED ON PRIOR HISTORY OF PAYING PREVIOUS EXECUTIVE DIRECTORS FOR CEEF ALONG WITH CAMPARISIONS OF SALARIES PAID TO UNRELATED ENTITIES OF SIMILAR SIZE WITH SIMILAR CRITERIA FOR THE EXECTIVE DIRECTOR POSITION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION MAKES THE 990 AVAILABLE TO THE PUBLIC ON ITS OWN WEBSITE UPON EMAIL REQUEST AND ON THE PUBLIC WEBSITES SUCH AS GUIDESTAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 9288495 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 8254103 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 9288495 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 113521 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 5176 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 57813 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 283553 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 346542 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 19217 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 29859 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 19217 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 29859 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 8234886 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 9258636 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 283553 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 353316 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 466837 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 12 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 8254103 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 9288495 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 10301 VISTA DRIVE |
| IRS990/USAddress/CityNm | 0 | CUPERTINO |
| IRS990/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/USAddress/ZIPCd | 0 | 95014 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 11 |
| IRS990/VotingMembersIndependentCnt | 0 | 11 |
| IRS990/WebsiteAddressTxt | 0 | HTTP://CEEFCARES.ORG/ |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STUART ROSENBERG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CFO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4082213383 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CUPERTINO EDUCATIONAL ENDOWMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CUPE |
| ReturnHeader/Filer/EIN | 0 | 770073617 |
| ReturnHeader/Filer/PhoneNum | 0 | 4082213383 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 10301 VISTA DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CUPERTINO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 95014 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 942702860 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | JOHANSON & YAU ACCOUNTANCY CORP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 42 WEST CAMPBELL AVENUE THIRD FLOOR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CAMPBELL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 95008 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4082885111 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-02-19 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SARA KELLEY |
| ReturnHeader/ReturnTs | 0 | 2025-03-02T13:42:16-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.