Civic Intelligence

Raise a Family Foundation

EIN 87-3313437 • 501(c)3 • Encino, CA

990-N CoverageNTEE P11

Profile

Raise a Family Foundation is a foundation that was formed to support and advance Child Care Resource Center's (a nonprofit organization) vision and mission to cultivate child, family and community well-being. A separate entity allows for more strategic innovation, creativity and business investments with minimal risk to the shareholder, CCRC.

17404 VENTURA BLVD 2nd FLEncino, CA 91316

n/A

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P • <$500k nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P • <$500k nonprofits • Source year 2024

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

NTEE P • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

NTEE P • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets62nd percentile

Assets

$250,000

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$250,000

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue64th percentileNet Margin100th percentile

Revenue

$250,000

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$250,000

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0Assets 2024: $250,000Liabilities 2024: $0Net Assets 2024: $250,0002024

Highlighted filing

2024

Assets$250,000
Liabilities$0
Net Assets$250,000
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0Revenue 2024: $250,000Expenses 2024: $0Net Income 2024: $250,0002024

Highlighted filing

2024

Revenue$250,000
Expenses$0
Net Income$250,000
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$250,000
Liabilities
$0
Net assets
$250,000
Revenue
$250,000
Expenses
$0
Net income
$250,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.50$0.00$2.50$2.50$0.00$2.50
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 31, 2024
Return Version
2023v5.1
Gross Receipts
$250,000
Mission and Program Overview

Mission

Raise a Family Foundation is a foundation that was formed to support and advance Child Care Resource Center's (a nonprofit organization) vision and mission to cultivate child, family and community well-being. A separate entity allows for more strategic innovation, creativity and business investments with minimal risk to the shareholder, CCRC.

Raise a Family Foundation is a foundation that was formed to support and advance Child Care Resource Center's (a nonprofit organization) vision and mission to cultivate child, family and community well-being.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$150,000-
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-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$0$250,000▲ $250,000
Other Assets Total-$100,000-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$150,000-
Net Assets With Donor Restrictions-$100,000-
Total Net Assets Fund Balance$0$250,000▲ $250,000
Total Liabilities and Net Assets / Fund Balance$0$250,000▲ $250,000
Compensation and Service Providers
Top Officer Pay83rd percentile

Board Members and Trustees

NameTitle
Adrian SternChairman
Michael OlenickExecutive Director
Anthony PenaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$250,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$250,000
Change in Net Assets
$250,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Backup withholding compliance
No
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
No
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

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Raise a Family Foundation
EIN
87-3313437
Phone
8189062230
Address
17404 VENTURA BLVD 2nd FL, ENCINO, CA 91316

Signing Officer

Name
adrian stern
Title
Chairman
Signed
2024-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adrian Stern
Formed
2021
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Clumeck Stern Schenkelberg & Getzoff
Address
17404 Ventura Bl 2nd Floor, Encino, CA 91316
Preparer
Adrian Stern
Phone
8189062230
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“There were no services provided for the fiscal year ending 06/30/2024. In the future, the foundation will host special events as a form of fundraising, public relations, networking and showcasing the work of the foundation. Events may include a kick-off gala with tickets sold, meals provided, silent auction, etc. Sponsorships will be sold to support the foundations mission while highlighting the sponsor through media and print exposure commensurate with the defined level of giving. Expectations are that there will be one or two special events a year.”

Amended Explanation

“Form 990N was filed in error. Form 990 should have been filed.”

Raw XML Appendix306 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/ExplanationTxt0There were no services provided for the fiscal year ending 06/30/2024. In the future, the foundation will host special events as a form of fundraising, public relations, networking and showcasing the work of the foundation. Events may include a kick-off gala with tickets sold, meals provided, silent auction, etc. Sponsorships will be sold to support the foundations mission while highlighting the sponsor through media and print exposure commensurate with the defined level of giving. Expectations are that there will be one or two special events a year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
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ReturnHeader/ReturnTs02024-11-05T10:42:29-08:00
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ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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