Civic Intelligence

Madera County Schools Foundation

990EZ • Fiscal year 2022 • EIN 77-0315304

Jul 01, 2021 to Jun 30, 2022 • Filed on Aug 08, 2024

Organization ProfileN/A
1105 S Madera AvenueMadera, CA 93637

(559) 662-6295

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$69,681

Up $1,049 (+1.5%) from 2021

Net Assets

Up

$69,681

Up $1,049 (+1.5%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

Up

$45,395

Up $809 (+1.8%) from 2021

Expenses

Up

$44,346

Up $12,240 (+38%) from 2021

Net Income

Down

$1,049

Down $11,431 (-92%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2012: $56,026Liabilities 2012: $0Net Assets 2012: $56,0262012Assets 2013: $58,397Liabilities 2013: $1Net Assets 2013: $58,3962013Assets 2014: $56,838Liabilities 2014: $0Net Assets 2014: $56,8382014Assets 2015: $51,903Liabilities 2015: $0Net Assets 2015: $51,9032015Assets 2016: $49,744Liabilities 2016: $0Net Assets 2016: $49,7442016Assets 2018: $48,368Liabilities 2018: $0Net Assets 2018: $48,3682018Assets 2019: $51,693Liabilities 2019: $0Net Assets 2019: $51,6932019Assets 2020: $56,152Liabilities 2020: $0Net Assets 2020: $56,1522020Assets 2021: $68,632Liabilities 2021: $0Net Assets 2021: $68,6322021Assets 2022: $69,681Net Assets 2022: $69,6812022Assets 2023: $105,166Liabilities 2023: $02023Assets 2024: $111,737Liabilities 2024: $02024Assets 2025: $103,245Net Assets 2025: $103,2452025

Highlighted filing

2022

Assets$69,681
Liabilities-
Net Assets$69,681
Open 2022 Filing

Operations Trend

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

$100K$50K$0-$50KExpenses 2012: $32,7922012Expenses 2013: $28,3132013Revenue 2014: $36,667Expenses 2014: $38,225Net Income 2014: -$1,5582014Revenue 2015: $37,993Expenses 2015: $42,928Net Income 2015: -$4,9352015Revenue 2016: $39,281Expenses 2016: $41,440Net Income 2016: -$2,1592016Revenue 2018: $45,703Expenses 2018: $45,194Net Income 2018: $5092018Revenue 2019: $45,030Expenses 2019: $41,705Net Income 2019: $3,3252019Revenue 2020: $41,795Expenses 2020: $37,336Net Income 2020: $4,4592020Revenue 2021: $44,586Expenses 2021: $32,106Net Income 2021: $12,4802021Revenue 2022: $45,395Expenses 2022: $44,346Net Income 2022: $1,0492022Revenue 2023: $88,445Expenses 2023: $52,961Net Income 2023: $35,4842023Revenue 2024: $64,457Expenses 2024: $57,886Net Income 2024: $6,5712024Revenue 2025: $60,697Expenses 2025: $69,189Net Income 2025: -$8,4922025

Highlighted filing

2022

Revenue$45,395
Expenses$44,346
Net Income$1,049
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Aug 8, 2024
Return Version
2021v4.1
Gross Receipts
$62,019
Mission and Program Overview

Mission

The specific purpose of this corporation is to supplement and support the activities and purposes of the Madera County Board of Education, the Madera County Office of Education and the public schools in Madera County.The Foundation exists to support the academic and arts achievements of the students of Madera County. Each year over 400 students participate from Madera County in the various competitions and art program. Students from other counties are also invited to participate in the competitions.

The Foundation exists to support the academic and arts achievements of the students of Madera County. Each year over 200 students participate from Madera County in the various competitions and art program. Students from other counties are also invited to participate in the competitions.

Program Services

DescriptionGrantsExpenses
The Foundation provided the platform for over 400 students to compete in various academic competitions. Competition awards of $2,850 were awarded. Additionally, a scholarship fund provided 2 students with awards totaling $750.-$37,625
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cathie BustosPresident-$0--
Nancy ProsperiDirector-$0--
Julie DeWallTreasurer-$0--
Dianna MarshSecretary-$0--
Geri Kendall CoxDirector-$0--
Karan LongDirector-$0--
Filing and Contact Details

Filer

Filer Name
Madera County Schools Foundation
EIN
77-0315304
Phone
5596626295
Address
1105 S Madera Avenue, Madera, CA 93637

Signing Officer

Name
Marisol Verduzco
Title
Treasurer
Signed
2024-08-08
Discuss with paid preparer
Yes

Preparer

Firm
Borchardt Corona Faeth & Zakarian
Address
7088 N Maple Ave Suite 103, Fresno, CA 93720
Preparer
Christina Zakarian
Phone
5592256891
Supplemental Narrative

Additional Explanations

Statement Note 1

“The Madera County Schools Foundation has qualified as an organization which meets the requirements of paragraph (1), (2), or (3) of section 509(a) of the Code for the 60 month period beginning July 1, 2015 as per the IRS Letter dayted May 29, 2015.”

Other Expenses.1

“Academic Decathalon Costs $13911”

Other Expenses.2

“Art Fest $9910”

Other Expenses.3

“Academic Pentathalon Costs $7736”

Other Expenses.4

“Supplies $5720”

Other Expenses.5

“Mock Trial Costs $3705”

Other Expenses.6

“Battle Books $1288”

Other Expenses.7

“Math Tourney $326”

Raw XML Appendix188 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Madera County Schools Foundation has qualified as an organization which meets the requirements of paragraph (1), (2), or (3) of section 509(a) of the Code for the 60 month period beginning July 1, 2015 as per the IRS Letter dayted May 29, 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Academic Decathalon Costs $13911
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Art Fest $9910
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Academic Pentathalon Costs $7736
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies $5720
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Mock Trial Costs $3705
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Battle Books $1288
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Math Tourney $326
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Statement Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
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ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Marisol Verduzco
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
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ReturnHeader/Filer/PhoneNum05596626295
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Borchardt Corona Faeth & Zakarian
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ReturnHeader/PreparerPersonGrp/PhoneNum05592256891
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Christina Zakarian
ReturnHeader/ReturnTs02024-08-08T14:32:35-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$69,681
Liabilities
-
Net assets
$69,681
Revenue
$45,395
Expenses
$44,346
Net income
$1,049
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.03$1.03$0.61$0.69$0.08
2024Summary only. Only limited summary data is available for this year.$1.12$0.00$0.64$0.58$0.07
2023Summary only. Only limited summary data is available for this year.$1.05$0.00$0.88$0.53$0.35
2022Detailed filing. Detailed filing data is available for this year.$0.70$0.70$0.45$0.44$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.45$0.32$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.42$0.37$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.00$0.52$0.45$0.42$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.00$0.48$0.46$0.45$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.00$0.50$0.39$0.41$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.38$0.43$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.37$0.38$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.28
2012Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.33