Civic Intelligence

Foundation for Clovis Schools

EIN 77-0140576 • 501(c)3 • Clovis, CA

Profile

To help students continually improve academic and personal acheivement by providing funding for innovative classroom ideas and educational programs that stimulate and encourage students to aim high.

1450 E HerndonClovis, CA 93611

www.foundationforclovisschools.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

45th percentile

0.09x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.95x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

89th percentile

48%

Higher net margin than 89% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

63rd percentile

9.4%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-84%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$8,742,222

Up $750,628 (+9.4%) from 2023

Liabilities

Up

$817,902

Up $268,798 (+49%) from 2023

Net Assets

Up

$7,924,320

Up $481,830 (+6.5%) from 2023

Operations
Liabilities / Revenue84th percentileNet Margin89th percentile

Revenue

Down

$859,683

Down $4,581,277 (-84%) from 2023

Expenses

Up

$443,437

Up $133,108 (+43%) from 2023

Net Income

Down

$416,246

Down $4,714,385 (-92%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2011: $1,233,956Liabilities 2011: $201,636Net Assets 2011: $1,032,3202011Assets 2012: $1,186,358Liabilities 2012: $163,017Net Assets 2012: $1,023,3412012Assets 2013: $1,401,560Liabilities 2013: $288,020Net Assets 2013: $1,113,5402013Assets 2014: $1,605,329Liabilities 2014: $427,041Net Assets 2014: $1,178,2882014Assets 2015: $1,813,186Liabilities 2015: $419,723Net Assets 2015: $1,393,4632015Assets 2016: $1,848,197Liabilities 2016: $457,954Net Assets 2016: $1,390,2432016Assets 2017: $2,247,620Liabilities 2017: $542,021Net Assets 2017: $1,705,5992017Assets 2018: $2,650,506Liabilities 2018: $760,849Net Assets 2018: $1,889,6572018Assets 2019: $2,821,099Liabilities 2019: $747,070Net Assets 2019: $2,074,0292019Assets 2020: $2,559,475Liabilities 2020: $593,334Net Assets 2020: $1,966,1412020Assets 2021: $2,866,154Liabilities 2021: $609,178Net Assets 2021: $2,256,9762021Assets 2022: $2,710,182Liabilities 2022: $453,564Net Assets 2022: $2,256,6182022Assets 2023: $7,991,594Liabilities 2023: $549,104Net Assets 2023: $7,442,4902023Assets 2024: $8,742,222Liabilities 2024: $817,902Net Assets 2024: $7,924,3202024

Highlighted filing

2024

Assets$8,742,222
Liabilities$817,902
Net Assets$7,924,320
Open 2024 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $357,737Expenses 2011: $183,553Net Income 2011: $174,1842011Revenue 2012: $181,274Expenses 2012: $190,253Net Income 2012: -$8,9792012Expenses 2013: $184,5252013Revenue 2014: $275,970Expenses 2014: $211,222Net Income 2014: $64,7482014Revenue 2015: $420,872Expenses 2015: $205,697Net Income 2015: $215,1752015Revenue 2016: $299,394Expenses 2016: $302,614Net Income 2016: -$3,2202016Revenue 2017: $554,850Expenses 2017: $239,494Net Income 2017: $315,3562017Revenue 2018: $479,553Expenses 2018: $295,495Net Income 2018: $184,0582018Revenue 2019: $522,179Expenses 2019: $337,807Net Income 2019: $184,3722019Revenue 2020: $181,462Expenses 2020: $289,350Net Income 2020: -$107,8882020Revenue 2021: $375,821Expenses 2021: $207,667Net Income 2021: $168,1542021Revenue 2022: $408,293Expenses 2022: $377,332Net Income 2022: $30,9612022Revenue 2023: $5,440,960Expenses 2023: $310,329Net Income 2023: $5,130,6312023Revenue 2024: $859,683Expenses 2024: $443,437Net Income 2024: $416,2462024

Highlighted filing

2024

Revenue$859,683
Expenses$443,437
Net Income$416,246
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,742,222
Liabilities
$817,902
Net assets
$7,924,320
Revenue
$859,683
Expenses
$443,437
Net income
$416,246
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.74$0.82$7.92$0.86$0.44$0.42
2023Detailed filing. Detailed filing data is available for this year.$7.99$0.55$7.44$5.44$0.31$5.13
2022Detailed filing. Detailed filing data is available for this year.$2.71$0.45$2.26$0.41$0.38$0.03
2021Detailed filing. Detailed filing data is available for this year.$2.87$0.61$2.26$0.38$0.21$0.17
2020Detailed filing. Detailed filing data is available for this year.$2.56$0.59$1.97$0.18$0.29$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.82$0.75$2.07$0.52$0.34$0.18
2018Detailed filing. Detailed filing data is available for this year.$2.65$0.76$1.89$0.48$0.30$0.18
2017Detailed filing. Detailed filing data is available for this year.$2.25$0.54$1.71$0.55$0.24$0.32
2016Detailed filing. Detailed filing data is available for this year.$1.85$0.46$1.39$0.30$0.30$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.81$0.42$1.39$0.42$0.21$0.22
2014Detailed filing. Detailed filing data is available for this year.$1.61$0.43$1.18$0.28$0.21$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.29$1.11$0.18
2012Summary only. Only limited summary data is available for this year.$1.19$0.16$1.02$0.18$0.19$0.01
2011Summary only. Only limited summary data is available for this year.$1.23$0.20$1.03$0.36$0.18$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$5,938,845
Mission and Program Overview

Mission

To help students continually improve academic and personal acheivement by providing funding for innovative classroom ideas and educational programs that stimulate and encourage students to aim high.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$6,945,331$7,350,107▲ $404,776
Savings and Temporary Cash Investments$928,254$1,225,412▲ $297,158
Pledges and Grants Receivable$7,990$19,714▲ $11,724
Prepaid Expenses and Deferred Charges$431$576▲ $145
Total Assets$7,991,594$8,742,222▲ $750,628
Other Assets Total$109,588$146,413▲ $36,825
Liabilities
Grants Payable$397,143$416,988▲ $19,845
Other Liabilities$85,987$363,842▲ $277,855
Accounts Payable and Accrued Expenses$65,974$37,072▼ $28,902
Total Liabilities$549,104$817,902▲ $268,798
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,885,361$7,335,681▲ $450,320
Net Assets With Donor Restrictions$557,129$588,639▲ $31,510
Total Net Assets Fund Balance$7,442,490$7,924,320▲ $481,830
Total Liabilities and Net Assets / Fund Balance$7,991,594$8,742,222▲ $750,628

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$5,756,031--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Mike FennacyChairperson
Todd CookVice Chairperson
Des HausDirector
Dianne NuryDirector
Doug BenikDirector
James BitterDirector
Jeff MarkarianDirector
Jimmy DunnDirector
Joshua PetersonDirector
Joshua PhancoDirector
Matt JamesDirector
Pat V RicchiutiDirector
Robert GousseDirector
Shannon UlrichDirector
Adam HoltSecretary
Wes QuallsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$566,200
Program Service Revenue
$0
Investment Income
$163,852
Other Revenue
$129,631
All Other Contributions
$566,200
Change in Net Assets
$416,246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$308,320
Other Expenses$135,117
Total Fundraising Expense$11,131
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$239,520--$239,520
Grants to Domestic Individuals$68,800--$68,800
Other Expenses$91,042$10,576$11,131$10,576
All Other Expenses-$4,868-$4,868
Total Functional Expenses$399,362$32,944$11,131$443,437
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Clovis Unified - Health Center GrantClovis, CA-Grant for Health Center$0
Clovis Unified - Program - Classroom GrantsClovis, CA-Classroom Grants Provide Innovative and Creative Educational Experiences Which Help Students Succeed Academically and Personally.$0
Clovis Unified - Social Emotional Wellness and Other GrantsClovis, CA-Grants for Health, Fitness and Social Emotional Wellness Programs$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$201,058
Fundraising Direct Expenses$71,427
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Back to School Breakfast$132,074$132,074$30,149$101,925
Students of Promise$68,984$68,984$41,278$27,706
Total Events$201,058$201,058$71,427$129,631
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pass Thru Accounts - Other$266,976
Pass Thru Accounts - Community Funded Busing$72,213
Pass Thru Accounts - Bernice Steiner Scholarship$6,450
Pass Thru Accounts - State Track Meet$6,381
Pass Thru Accounts - Boot Camp$5,744
Pass Thru Accounts - Bradley Scholarship$2,201
Pass Thru Accounts - Csud/csuf Masters Cohort$1,750
Pass Thru Accounts - Margaret Ruof Ed. Fund$1,060
Pass Thru Accounts - District Transition$724
Pass Thru Accounts - Special Ed Cac$235
Pass Thru Accounts - Clovis on Line School$72
Pass Thru Accounts - Sibshop Account$36
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The organization's governing body is provided a copy of the form 990 and supporting documentation before the form 990 is filed for approval.”

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

“As part of its bylaws, the organization has a no self-dealing clause with its directors or officers.”

Form 990, Part VI, Section C, Line 19

“The organization maintains a copy of the form 990, governing documents, and financial records available to the public at 1450 herndon avenue, clovis, ca 93611. These documents are available to the public at this location upon request.”

FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC:

“Jeff markarian - 1450 herndon, clovis, ca 93611 dianne nury - 1450 herndon, clovis, ca 93611 pat v. Ricchiuti - 1450 herndon, clovis, ca 93611 jim vanvolkinburg - 1450 herndon, clovis, ca 93611 jared martin - 1450 herndon, clovis, ca 93611 adam holt - 1450 herndon, clovis, ca 93611 wes qualls - 1450 herndon, clovis, ca 93611 josh phanco - 1450 herndon, clovis, ca 93611 todd cook - 1450 herndon, clovis, ca 93611 mike fennacy - 1450 herndon, clovis, ca 93611 doug benik - 1450 herndon, clovis, ca 93611 jimmy dunn - 1450 herndon, clovis, ca 93611 christine lingenfelter - 1450 herndon, clovis, ca 93611 nancy porter - 1450 herndon, clovis, ca 93611 rick lembo, 1450 herndon, clovis, ca 93611”

Filing and Contact Details

Filer

Filer Name
Foundation for Clovis Schools
EIN
77-0140576
Phone
5593279090
Address
1450 E HERNDON, CLOVIS, CA 93611

Signing Officer

Name
Jeff Markarian
Title
Asst. Treasurer
Phone
5593279090
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Markarian
Formed
1987
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
0

Preparer

Firm
Dedekian George Small & Markarian
Address
8050 N PALM AVE STE 106, FRESNO, CA 93711
Preparer
Jeffrey P Markarian
Phone
5594315500
Raw XML AppendixShowing 400 of 513 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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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
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IRS990/MissionDesc0TO HELP STUDENTS CONTINUALLY IMPROVE ACADEMIC AND PERSONAL ACHEIVEMENT BY PROVIDING FUNDING FOR INNOVATIVE CLASSROOM IDEAS AND EDUCATIONAL PROGRAMS THAT STIMULATE AND ENCOURAGE STUDENTS TO AIM HIGH.
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IRS990/OtherExpensesGrp/Desc2DONOR CULTIVATION RECOG
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION IN JOINT EFFORTS WITH THE LOCAL COMMUNITY RAISED FUNDS TO PROVIDE GRANTS TO LOCAL ELEMENTARY AND HIGH SCHOOLS IN THE CLOVIS UNIFIED SCHOOL DISTRICT. MANY SCHOOLS IN THE CLOVIS UNIFIED SCHOOL DISTRICT WOULD LIKE TO IMPLEMENT SPECIAL PROGRAMS AS PART OF THEIR CURRICULUM TO BETTER SERVICE THEIR STUDENTS; HOWEVER, THE SCHOOLS DO NOT HAVE THE FUNDING TO DO SO. THESE PROGRAMS INCLUDE CAREER/COLLEGE CENTERS, READING PROGRAMS, MUSIC LABS, ETC. THE FOUNDATION PROVIDES GRANTS TO LOCAL ELEMENTARY AND HIGH SCHOOLS TO FUND THESE PROGRAMS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE DOC B LEADERSHIP ACADEMY IS A LEADERSHIP DEVELOPMENT PROGRAM THAT WILL MAINTAIN THE LONG-STANDING AND UNIQUE PHILOSOPHIES THAT HAVE SUPPORTED THE DISTRICT'S SUCCESS OVER TIME. THE ACADEMY WILL GIVE THE DISTRICT A PERMANENT VENUE IN WHICH EMERGING LEADERS ARE TRAINED AND MENTORED IN THE DECISION-MAKING PRINCIPLES THAT HAVE SHAPED THE CLOVIS UNIFIED SCHOOL DISTRICT'S STUDENT-CENTERED FOCUS AND HIGH STANDARDS OF ACHIEVEMENT. AS A RESULT, TEACHERS, STUDENTS AND THE COMMUNITY FLOURISH.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt091042
IRS990/ProgSrvcAccomActyOtherGrp/Desc0VARIOUS GRANTS AND SUPPORT OF CLOVIS UNIFIED SCHOOL DISTRICT ACTIVITIES, INCLUDING HEALTH AND WELLNESS GRANTS AND GRANTS FOR NEW TEACHERS PROGRAM.
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IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0154146
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0189299
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PASS THRU ACCOUNTS - COMMUNITY FUNDED BUSING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PASS THRU ACCOUNTS - CSUD/CSUF MASTERS COHORT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PASS THRU ACCOUNTS - BOOT CAMP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PASS THRU ACCOUNTS - BRADLEY SCHOLARSHIP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4PASS THRU ACCOUNTS - CLOVIS ON LINE SCHOOL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5PASS THRU ACCOUNTS - MARGARET RUOF ED. FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6PASS THRU ACCOUNTS - SIBSHOP ACCOUNT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7PASS THRU ACCOUNTS - SPECIAL ED CAC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc8PASS THRU ACCOUNTS - OTHER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc9PASS THRU ACCOUNTS - STATE TRACK MEET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc10PASS THRU ACCOUNTS - DISTRICT TRANSITION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc11PASS THRU ACCOUNTS - BERNICE STEINER SCHOLARSHIP
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IRS990ScheduleD/OtherSecuritiesGrp/Desc2GENERAL INVESTMENTS - CHARLES SCHWAB
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IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0STUDENTS OF PROMISE
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IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0STUDENTS OF PROMISE - STUDENT SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1NEW TEACHER GRANTS - $200 GRANT TO QUALIFIED TEACHERS
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt1122174

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