Civic Intelligence

Cupertino Library Foundation

990 • Fiscal year 2018 • EIN 77-0372742

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization Profilewww.cupertinolibraryfoundation.org
10800 Torre AvenueCupertino, CA 95014

(408) 255-2102

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

18th percentile

-7.5%

Faster asset growth than 18% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

93rd percentile

101%

Faster revenue growth than 93% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$1,714,004

Down $138,425 (-7.5%) from 2017

Net Assets

Down

$1,712,264

Down $138,591 (-7.5%) from 2017

Liabilities

Up

$1,740

Up $166 (+11%) from 2017

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin91st percentile

Revenue

Up

$105,085

Up $52,907 (+101%) from 2017

Expenses

Down

$54,710

Down $1,165 (-2.1%) from 2017

Net Income

Up

$50,375

Up $54,072 (+1463%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$3.0M$2.0M$1.0M$0Assets 2012: $1,604,311Liabilities 2012: $1,053Net Assets 2012: $1,603,2582012Assets 2013: $1,773,175Liabilities 2013: $0Net Assets 2013: $1,773,1752013Assets 2014: $1,759,339Liabilities 2014: $2,884Net Assets 2014: $1,756,4552014Assets 2015: $1,665,586Liabilities 2015: $0Net Assets 2015: $1,665,5862015Assets 2016: $1,672,746Liabilities 2016: $1,174Net Assets 2016: $1,671,5722016Assets 2017: $1,852,429Liabilities 2017: $1,574Net Assets 2017: $1,850,8552017Assets 2018: $1,714,004Liabilities 2018: $1,740Net Assets 2018: $1,712,2642018Assets 2019: $1,972,150Liabilities 2019: $0Net Assets 2019: $1,972,1502019Assets 2020: $2,134,830Liabilities 2020: $0Net Assets 2020: $2,134,8302020Assets 2021: $2,527,470Liabilities 2021: $3,700Net Assets 2021: $2,523,7702021Assets 2022: $2,093,100Liabilities 2022: $900Net Assets 2022: $2,092,2002022Assets 2023: $2,183,254Liabilities 2023: $1,399Net Assets 2023: $2,181,8552023Assets 2024: $2,409,900Liabilities 2024: $0Net Assets 2024: $2,409,9002024

Highlighted filing

2018

Assets$1,714,004
Liabilities$1,740
Net Assets$1,712,264
Open 2018 Filing

Operations Trend

Revenue Growth93rd percentile

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

$600K$400K$200K$0-$200KRevenue 2012: $53,998Expenses 2012: $86,436Net Income 2012: -$32,4382012Revenue 2013: $20,721Expenses 2013: $83,376Net Income 2013: -$62,6552013Revenue 2014: $43,359Expenses 2014: $80,550Net Income 2014: -$37,1912014Revenue 2015: $44,549Expenses 2015: $78,399Net Income 2015: -$33,8502015Revenue 2016: $25,582Expenses 2016: $80,908Net Income 2016: -$55,3262016Revenue 2017: $52,178Expenses 2017: $55,875Net Income 2017: -$3,6972017Revenue 2018: $105,085Expenses 2018: $54,710Net Income 2018: $50,3752018Revenue 2019: $108,452Expenses 2019: $56,999Net Income 2019: $51,4532019Revenue 2020: $52,525Expenses 2020: $43,978Net Income 2020: $8,5472020Revenue 2021: $405,457Expenses 2021: $93,647Net Income 2021: $311,8102021Revenue 2022: $114,478Expenses 2022: $170,360Net Income 2022: -$55,8822022Revenue 2023: $50,435Expenses 2023: $232,462Net Income 2023: -$182,0272023Revenue 2024: $203,897Expenses 2024: $118,671Net Income 2024: $85,2262024

Highlighted filing

2018

Revenue$105,085
Expenses$54,710
Net Income$50,375
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$207,722
Mission and Program Overview

Mission

The Organization's stated purpose is to raise money to help enhance life-long learning and self-improvement through the Cupertino Library.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,832,443$1,694,824▼ $137,619
Savings and Temporary Cash Investments$17,576$16,770▼ $806
Prepaid Expenses and Deferred Charges$2,410$2,410→ $0
Cash and Non-Interest-Bearing Accounts-$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$1,852,429$1,714,004▼ $138,425
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,574$1,740▲ $166
Total Liabilities$1,574$1,740▲ $166
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,403,272$1,403,272→ $0
Temporarily Rstr Net Assets$318,434$166,108▼ $152,326
Unrestricted Net Assets$129,149$142,884▲ $13,735
Total Net Assets Fund Balance$1,850,855$1,712,264▼ $138,591
Total Liabilities and Net Assets / Fund Balance$1,852,429$1,714,004▼ $138,425

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,832,443-▼ $98,738$25,000$1,694,824
2017$1,653,779-▲ $231,743$40,010$1,832,443
2016$1,720,494-▼ $27,931$43,888$1,653,779
2015$1,751,799-▲ $31,585$50,000$1,720,494
2014$1,589,720-▲ $254,939$80,000$1,751,799
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Henry SangPresident
Gopal KumarappanVice President
Art CohenAt Large
Jerry LiuAt Large
Kristen LinAt Large
Timothy WidmanAt Large
Kiran Varshneya RohraSecretary
Janet TrankleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$28,737
Program Service Revenue
$0
Investment Income
$76,348
Other Revenue
$0
All Other Contributions
$28,737
Change in Net Assets
$50,375

Audited Revenue Reconciliation

Revenue per Audited Statements
$105,085
Revenue Not Reported on Form 990
$-188,966
Total Revenue per Audited Statements
$-83,881
Total Revenue per Form 990
$105,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$32,465
Other Expenses$22,245
Total Fundraising Expense$4,960
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$32,465--$32,465
Fees for Services Accounting-$8,975-$8,975
Advertising--$4,960$4,960
Information Technology$3,710--$3,710
Insurance-$2,184-$2,184
Conferences and Meetings-$1,516-$1,516
Other Expenses-$87-$87
Total Functional Expenses$36,175$13,575$4,960$54,710

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$54,710
Total Expenses per Audited Statements$54,710
Total Expenses per Form 990$54,710
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cupertino LibraryCupertino, CAGovEducational$32,465
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Yes
Audit committee
Yes
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
Yes
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

“The tax return is prepared by a Certified Public Accountant and is forwarded to the Treasurer for review and approval. Once it is approved the Certified Public Accountant will print out the final return for signature and mailing. The tax return is made available to all board members prior to its filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All Officers / Directors are required to disclose potential conflicts prior to becoming a board member and are required to disclose any potential conflicts as they arise while serving on the board.”

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

“The Organization makes its governing documents available to the public via the internet through the GuideStar website or via directly upon request.”

Filing and Contact Details

Filer

Filer Name
Cupertino Library Foundation
EIN
77-0372742
Phone
4082552102
Address
10800 Torre Avenue, Cupertino, CA 95014

Signing Officer

Name
Henry Sang
Title
President
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Henry Sang
Formed
1994
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
16

Preparer

Firm
Iryna Ac
Address
1000 Broadway 200-G, Oakland, CA 94607
Preparer
Iryna Oreshkova CPA
Phone
5104679506
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“Endowment funds were received and are used, in accordance with the terms of endowment trust, for the benefit of the City of Cupertino Library.”

Part X : FIN48 Footnote

“The Foundation is not classified as a private foundation and is exempt from federal and state income taxes under section 501(c)3 of the Internal Revenue Code and Section 23701(g) of the California Code. The Foundation is considered a publicly supported organization. The Financial Accounting Standards Board prescribes a recognition threshold and a measurement attribute for financial statement recognition of tax positions taken or expected to be taken on a tax return. Management has evaluated its uncertain tax positions and related income tax contingencies and does not believe any material tax positions exist.”

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IRS990/OtherExpensesGrp/TotalAmt187
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01403272
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01403272
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02410
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02410
IRS990/PrincipalOfficerNm0Henry Sang
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt016485
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt032162
IRS990/PYInvestmentIncomeAmt035693
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt023713
IRS990/PYRevenuesLessExpensesAmt0-3697
IRS990/PYTotalExpensesAmt055875
IRS990/PYTotalRevenueAmt052178
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt050375
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt017576
IRS990/SavingsAndTempCashInvstGrp/EOYAmt016770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt028737
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt016485
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt027785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt044988
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0124944
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt030758
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt035693
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt018633
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016664
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0-1776
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt099972
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.29980
IRS990ScheduleA/PublicSupportPY170Pct00.37280
IRS990ScheduleA/PublicSupportTotal170Amt067440
IRS990ScheduleA/SubstantialContributorsTotAmt057504
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt028737
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt016485
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06949
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt027785
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt044988
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0124944
IRS990ScheduleA/TotalSupportAmt0224916
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.07400
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt013881
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01832443
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01694824
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-98738
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt025000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt013069
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01653779
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01832443
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0231743
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt040010
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt012424
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01720494
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01653779
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-27931
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt043888
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt012890
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01751799
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01720494
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt031585
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt050000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt012860
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01589720
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01751799
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0254939
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt080000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt054710
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-188966
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.82800
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueNotReportedAmt0-188966
IRS990ScheduleD/RevenueSubtotalAmt0105085
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Endowment funds were received and are used, in accordance with the terms of endowment trust, for the benefit of the City of Cupertino Library.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Foundation is not classified as a private foundation and is exempt from federal and state income taxes under section 501(c)3 of the Internal Revenue Code and Section 23701(g) of the California Code. The Foundation is considered a publicly supported organization. The Financial Accounting Standards Board prescribes a recognition threshold and a measurement attribute for financial statement recognition of tax positions taken or expected to be taken on a tax return. Management has evaluated its uncertain tax positions and related income tax contingencies and does not believe any material tax positions exist.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X : FIN48 Footnote
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.09800
IRS990ScheduleD/TotalExpensesPerForm990Amt054710
IRS990ScheduleD/TotalRevenuePerForm990Amt0105085
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-83881
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt054710
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt032465
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Educational
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Cupertino Library
IRS990ScheduleI/RecipientTable/RecipientEIN0942694547
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt010400 Torre Avenue
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Cupertino
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd095014
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Organization works closely with Library management and understands the needs of the community. Support is provided for various projects and project costs are monitored in addition to the event itself. All requests are approved via a board action and the focus is to encourage life long learning and self improvement.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The tax return is prepared by a Certified Public Accountant and is forwarded to the Treasurer for review and approval. Once it is approved the Certified Public Accountant will print out the final return for signature and mailing. The tax return is made available to all board members prior to its filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All Officers / Directors are required to disclose potential conflicts prior to becoming a board member and are required to disclose any potential conflicts as they arise while serving on the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization makes its governing documents available to the public via the internet through the GuideStar website or via directly upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,714,004
Liabilities
$1,740
Net assets
$1,712,264
Revenue
$105,085
Expenses
$54,710
Net income
$50,375
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$0.00$2.41$0.20$0.12$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$0.05$0.23$0.18
2022Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$0.11$0.17$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.52$0.41$0.09$0.31
2020Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$0.05$0.04$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$0.11$0.06$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.71$0.00$1.71$0.11$0.05$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$0.05$0.06$0.00
2016Summary only. Only limited summary data is available for this year.$1.67$0.00$1.67$0.03$0.08$0.06
2015Summary only. Only limited summary data is available for this year.$1.67$0.00$1.67$0.04$0.08$0.03
2014Summary only. Only limited summary data is available for this year.$1.76$0.00$1.76$0.04$0.08$0.04
2013Summary only. Only limited summary data is available for this year.$1.77$0.00$1.77$0.02$0.08$0.06
2012Summary only. Only limited summary data is available for this year.$1.60$0.00$1.60$0.05$0.09$0.03