Civic Intelligence

Carpinteria Education Foundation Inc.

990 • Fiscal year 2018 • EIN 77-0354256

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

PO Box 9Carpinteria, CA 93014

(805) 566-1615

Siviq Scores

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

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

33rd percentile

0.00x

Higher debt load relative to revenue than 33% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

92nd percentile

50%

Higher net margin than 92% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

53rd percentile

$10,677

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

73rd percentile

14%

Faster asset growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

79th percentile

30%

Faster revenue growth than 79% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$810,517

Up $100,301 (+14%) from 2017

Net Assets

Up

$809,528

Up $99,936 (+14%) from 2017

Liabilities

Up

$989

Up $365 (+58%) from 2017

Revenue

Up

$250,641

Up $57,518 (+30%) from 2017

Expenses

Down

$124,163

Down $76,319 (-38%) from 2017

Net Income

Up

$126,478

Up $133,837 (+1819%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $603,170Liabilities 2010: $80,693Net Assets 2010: $522,4772010Assets 2011: $767,281Liabilities 2011: $174,042Net Assets 2011: $593,2392011Assets 2012: $595,727Liabilities 2012: $19,404Net Assets 2012: $576,3232012Assets 2013: $666,921Liabilities 2013: $0Net Assets 2013: $666,9212013Assets 2014: $724,914Liabilities 2014: $194Net Assets 2014: $724,7202014Assets 2015: $709,631Liabilities 2015: $1,418Net Assets 2015: $708,2132015Assets 2016: $688,613Liabilities 2016: $39Net Assets 2016: $688,5742016Assets 2017: $710,216Liabilities 2017: $624Net Assets 2017: $709,5922017Assets 2018: $810,517Liabilities 2018: $989Net Assets 2018: $809,5282018Assets 2019: $805,862Liabilities 2019: $161Net Assets 2019: $805,7012019Assets 2020: $913,880Liabilities 2020: $0Net Assets 2020: $913,8802020Assets 2021: $1,073,605Liabilities 2021: $0Net Assets 2021: $1,073,6052021Assets 2022: $1,000,337Liabilities 2022: $4,853Net Assets 2022: $995,4842022Assets 2023: $1,102,916Liabilities 2023: $4,752Net Assets 2023: $1,098,1642023Assets 2024: $1,177,021Liabilities 2024: $1,843Net Assets 2024: $1,175,1782024

Highlighted filing

2018

Assets$810,517
Liabilities$989
Net Assets$809,528

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $185,817Expenses 2010: $204,372Net Income 2010: -$18,5552010Expenses 2011: $481,9952011Expenses 2012: $450,1942012Expenses 2013: $335,8372013Revenue 2014: $529,950Expenses 2014: $508,269Net Income 2014: $21,6812014Revenue 2015: $527,516Expenses 2015: $512,992Net Income 2015: $14,5242015Revenue 2016: $538,890Expenses 2016: $496,978Net Income 2016: $41,9122016Revenue 2017: $193,123Expenses 2017: $200,482Net Income 2017: -$7,3592017Revenue 2018: $250,641Expenses 2018: $124,163Net Income 2018: $126,4782018Revenue 2019: $290,843Expenses 2019: $230,011Net Income 2019: $60,8322019Revenue 2020: $377,356Expenses 2020: $244,489Net Income 2020: $132,8672020Revenue 2021: $886,364Expenses 2021: $842,805Net Income 2021: $43,5592021Revenue 2022: $406,879Expenses 2022: $401,005Net Income 2022: $5,8742022Revenue 2023: $259,098Expenses 2023: $204,572Net Income 2023: $54,5262023Revenue 2024: $354,070Expenses 2024: $341,863Net Income 2024: $12,2072024

Highlighted filing

2018

Revenue$250,641
Expenses$124,163
Net Income$126,478
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.2
Gross Receipts
$269,932
Mission and Program Overview

Mission

To support the carpinteria unified school district

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$561,159$596,971▲ $35,812
Cash and Non-Interest-Bearing Accounts$149,057$211,564▲ $62,507
Prepaid Expenses and Deferred Charges-$1,982-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$710,216$810,517▲ $100,301
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$624$989▲ $365
Total Liabilities$624$989▲ $365
Net Assets / Fund Balance
Permanently Rstr Net Assets$565,195$648,488▲ $83,293
Unrestricted Net Assets$144,397$161,040▲ $16,643
Total Net Assets Fund Balance$709,592$809,528▲ $99,936
Total Liabilities and Net Assets / Fund Balance$710,216$810,517▲ $100,301
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Debra MccartyExecutive DirectorFT$10,677$10,677
Pamela WernerExecutive DirectorPT$8,972$8,972

Board Members and Trustees

NameTitle
Casey BalchPresident
Jessica IsaacVice President
Curtis LopezBoard Member
Janie FoleyBoard Member
Mary ZeoliBoard Member
Nikki YamaokaBoard Member
Robin SawaskeBoard Member
Ryan ZickBoard Member
Sarah Aresco-smithBoard Member
Tyler PowellBoard Member
Sue HarrisonMember at large
Sally GreenSecretary
Nancy GarrisonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$109,050
Program Service Revenue
$0
Investment Income
$32,513
Other Revenue
$109,078
All Other Contributions
$109,050
Change in Net Assets
$126,478
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$77,481
Other Expenses$23,517
Salaries, Compensation, and Employee Benefits$23,165
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$40,981--$40,981
Grants to Domestic Individuals$36,500--$36,500
Current Officers, Directors, Trustees, and Key Employees-$19,649-$19,649
Office Expenses-$9,305-$9,305
Fees for Service Investment Mgmnt Fees-$4,788-$4,788
Payroll Taxes-$3,516-$3,516
Fees for Services Accounting-$2,121-$2,121
Insurance-$1,175-$1,175
Other Expenses-$520-$520
Travel-$194-$194
Advertising-$34-$34
Total Functional Expenses$77,481$46,682$0$124,163
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Carp Unified Sch DistCarpinteria, CA-Educational Programs for Students$40,981
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$128,369
Fundraising Direct Expenses$19,291
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Carp-a-cabana$100,245$100,245$10,306$89,939
Orchard to Ocean$18,835$18,835$5,760$13,075
Total Events$128,369$128,369$19,291$109,078
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Draft of complete Federal income tax return distributed at Board Meeting to all Board Members and available for comment at the Carpinteria Education Foundation's office.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Carpinteria Education Foundation Inc
EIN
77-0354256
Phone
8055661615
Address
PO BOX 9, CARPINTERIA, CA 93014

Signing Officer

Name
Casey Balch
Title
President
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1993
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
65

Preparer

Firm
Jfr & Company Inc
Address
1145 EUGENIA PL STE 201, CARPINTERIA, CA 93013-2061
Preparer
Mark S Buckley
Phone
8056847866
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IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0CA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0TO SUPPORT THE CARPINTERIA UNIFIED SCHOOL DISTRICT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0709592
IRS990/NetAssetsOrFundBalancesEOYAmt0809528
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt020248
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt020248
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0109078
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-26542
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09305
IRS990/OfficeExpensesGrp/TotalAmt09305
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0MERCHANT FEES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2WEBSITE
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03300
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11200
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2880
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3520
IRS990/OtherExpensesGrp/TotalAmt03300
IRS990/OtherExpensesGrp/TotalAmt11200
IRS990/OtherExpensesGrp/TotalAmt2880
IRS990/OtherExpensesGrp/TotalAmt3520
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03516
IRS990/PayrollTaxesGrp/TotalAmt03516
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0565195
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0648488
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01982
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0GRANTS ISSUED TO VARIOUS SCHOOLS IN THE CUSD FOR EDUCATIONAL PROGRAMS AND MATERIALS IN WHICH 2750 STUDENTS PARTICIPATE
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt036500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt094165
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0133710
IRS990/PYInvestmentIncomeAmt029003
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt025183
IRS990/PYOtherRevenueAmt069955
IRS990/PYRevenuesLessExpensesAmt0-7359
IRS990/PYSalariesCompEmpBnftPaidAmt041589
IRS990/PYTotalExpensesAmt0200482
IRS990/PYTotalRevenueAmt0193123
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0126478
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0956101195
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CARPINTERIA UNIFIED SCHOOL DISTRICT
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019291
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CARP-A-CABANA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ORCHARD TO OCEAN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0100245
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt018835
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt09289
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0128369
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0100245
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt018835
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt09289
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0128369
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0109078
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt03225
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019291
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010306
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt05760
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt036500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarship Assistance to Students
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt018
IRS990ScheduleI/RecipientTable/CashGrantAmt040981
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.35$0.34$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.26$0.20$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.41$0.40$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.89$0.84$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.38$0.24$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.29$0.23$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.25$0.12$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.19$0.20$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.54$0.50$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.53$0.51$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.53$0.51$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.67$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.02$0.58$0.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.17$0.59$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.08$0.52$0.19$0.20$0.02