Civic Intelligence

Los Altos Educational Foundation

990 • Fiscal year 2018 • EIN 94-2862793

Jul 01, 2017 to Jun 30, 2018 • Filed on May 14, 2019

Organization ProfileWWW.LAEFONLINE.ORG
201 Covington RoadLos Altos, CA 94024

(650) 559-0445

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

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

Liabilities / Revenue

17th percentile

0.00x

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

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

Net Margin

59th percentile

6.3%

Higher net margin than 59% of similar nonprofits.

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

Top Officer Pay

65th percentile

$92,308

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

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

Asset Growth

67th percentile

7.1%

Faster asset growth than 67% of similar nonprofits.

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

Revenue Growth

49th percentile

3.4%

Faster revenue growth than 49% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$3,020,860

Up $201,476 (+7.1%) from 2017

Net Assets

Up

$3,013,264

Up $220,974 (+7.9%) from 2017

Liabilities

Down

$7,596

Down $19,498 (-72%) from 2017

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin59th percentile

Revenue

Up

$3,885,896

Up $127,563 (+3.4%) from 2017

Expenses

Down

$3,640,153

Down $241,069 (-6.2%) from 2017

Net Income

Up

$245,743

Up $368,632 (+300%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,222,686Liabilities 2011: $0Net Assets 2011: $2,222,6862011Assets 2012: $2,577,610Liabilities 2012: $0Net Assets 2012: $2,577,6102012Assets 2013: $2,323,496Liabilities 2013: $0Net Assets 2013: $2,323,4962013Assets 2014: $2,088,986Liabilities 2014: $0Net Assets 2014: $2,088,9862014Assets 2015: $2,866,181Liabilities 2015: $5,798Net Assets 2015: $2,860,3832015Assets 2016: $2,727,721Liabilities 2016: $5,970Net Assets 2016: $2,721,7512016Assets 2017: $2,819,384Liabilities 2017: $27,094Net Assets 2017: $2,792,2902017Assets 2018: $3,020,860Liabilities 2018: $7,596Net Assets 2018: $3,013,2642018Assets 2019: $3,102,037Liabilities 2019: $2,425Net Assets 2019: $3,099,6122019Assets 2020: $3,195,287Liabilities 2020: $1,413Net Assets 2020: $3,193,8742020Assets 2021: $3,775,111Liabilities 2021: $1,063Net Assets 2021: $3,774,0482021Assets 2022: $3,083,406Liabilities 2022: $8,406Net Assets 2022: $3,075,0002022Assets 2023: $3,283,221Liabilities 2023: $3,871Net Assets 2023: $3,279,3502023Assets 2024: $3,679,980Liabilities 2024: $3,240Net Assets 2024: $3,676,7402024

Highlighted filing

2018

Assets$3,020,860
Liabilities$7,596
Net Assets$3,013,264
Open 2018 Filing

Operations Trend

Revenue Growth49th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,537,4552011Expenses 2012: $2,738,1622012Expenses 2013: $3,170,8362013Revenue 2014: $3,108,496Expenses 2014: $3,422,174Net Income 2014: -$313,6782014Revenue 2015: $4,144,465Expenses 2015: $3,411,763Net Income 2015: $732,7022015Revenue 2016: $3,480,798Expenses 2016: $3,523,410Net Income 2016: -$42,6122016Revenue 2017: $3,758,333Expenses 2017: $3,881,222Net Income 2017: -$122,8892017Revenue 2018: $3,885,896Expenses 2018: $3,640,153Net Income 2018: $245,7432018Revenue 2019: $3,659,698Expenses 2019: $3,497,082Net Income 2019: $162,6162019Revenue 2020: $3,546,705Expenses 2020: $3,385,589Net Income 2020: $161,1162020Revenue 2021: $2,821,142Expenses 2021: $2,936,703Net Income 2021: -$115,5612021Revenue 2022: $3,109,242Expenses 2022: $2,926,948Net Income 2022: $182,2942022Revenue 2023: $2,583,696Expenses 2023: $2,919,310Net Income 2023: -$335,6142023Revenue 2024: $2,954,263Expenses 2024: $3,028,086Net Income 2024: -$73,8232024

Highlighted filing

2018

Revenue$3,885,896
Expenses$3,640,153
Net Income$245,743
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 14, 2019
Return Version
2017v2.3
Gross Receipts
$3,981,986
Mission and Program Overview

Mission

The los altos educational foundation raises funds to sustain and enrich the los altos school district's excellent educational program beyond what public funding provides.

Improving student education

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,250,590$2,512,482▲ $261,892
Cash and Non-Interest-Bearing Accounts$559,055$488,661▼ $70,394
Pledges and Grants Receivable$7,710$18,352▲ $10,642
Land, Buildings, and Equipment, Net$2,029$1,365▼ $664
Total Assets$2,819,384$3,020,860▲ $201,476
Liabilities
Accounts Payable and Accrued Expenses$27,094$7,596▼ $19,498
Total Liabilities$27,094$7,596▼ $19,498
Net Assets / Fund Balance
Unrestricted Net Assets$2,159,698$2,329,133▲ $169,435
Permanently Rstr Net Assets$617,752$665,428▲ $47,676
Temporarily Rstr Net Assets$14,840$18,703▲ $3,863
Total Net Assets Fund Balance$2,792,290$3,013,264▲ $220,974
Total Liabilities and Net Assets / Fund Balance$2,819,384$3,020,860▲ $201,476

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,251$5,635$6,886
Equipment$114$5,729$5,843
Other Securities$2,512,482--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$617,752-▲ $56,540-$665,429
2016$542,788-▲ $81,387-$617,752
2015$567,312-▼ $17,762-$542,788
2014$567,312-▲ $18,467-$567,312
2013$567,312-▲ $1,802-$567,312
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Heather MacdonaldExecutive DirectorFT$92,308$92,308

Board Members and Trustees

NameTitle
Katherine StephensPresident
Laura TekslerVice President
Aditi GoelBoard Member
Amy HeathBoard Member
Doff McelhinneyBoard Member
Hutch CorbettBoard Member
Jennifer BeedonBoard Member
Jennifer CarlstromBoard Member
John MahlmeisterBoard Member
Nadiah MshashaBoard Member
Nancy FazBoard Member
Sarah DanielsBoard Member
Sue LongyearBoard Member
Tara DhillonBoard Member
Kevin MeliaCFO
Anjana Nagarajan-butaneySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,654,553
Program Service Revenue
$0
Investment Income
$231,343
Other Revenue
$0
All Other Contributions
$3,654,553
Change in Net Assets
$245,743

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded37$95,486Closing Price of Stock
Total Noncash Contributions37$95,486-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,853,312
Revenue Not Reported on Financial Statements
$32,584
Revenue Not Reported on Form 990
$-24,367
Total Revenue per Audited Statements
$3,828,945
Total Revenue per Form 990
$3,885,896
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,308,000
Other Expenses$178,544
Salaries, Compensation, and Employee Benefits$153,609
Total Fundraising Expense$26,400
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,308,000--$3,308,000
Current Officers, Directors, Trustees, and Key Employees-$92,308-$92,308
Other Salaries and Wages-$49,267-$49,267
Information Technology-$33,795-$33,795
Fees for Service Investment Mgmnt Fees-$32,584-$32,584
Office Expenses-$12,072$6,907$18,979
Fees for Services Accounting-$17,620-$17,620
Payroll Taxes-$12,034-$12,034
Fees for Services Other-$8,436-$8,436
Advertising--$6,568$6,568
Insurance-$4,847-$4,847
Occupancy-$4,320-$4,320
All Other Expenses-$670$1,056$1,726
Other Expenses-$1,377$7,836$1,377
Fees for Services Legal-$288-$288
Depreciation Depletion-$261-$261
Total Functional Expenses$3,308,000$305,753$26,400$3,640,153

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,640,153
Total Expenses per Audited Statements$3,607,971
Expenses per Audited Statements$3,607,308
Expenses Not Reported on Financial Statements$32,845
Expenses Not Reported on Form 990$663
Other Expense Adjustments$261
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Los Altos School DistrictLos Altos, CA-To Supplement the Resources of the District to Fund Academic and Enrichment Programs.$3,300,000
Mountain View Los Altos DistrictMountain View, CA-To Support Mvla Parent Education Speaker Series.$8,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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

“Prior to filing, a copy of form 990 is presented to the treasurer for his / her review. Any questions are then answered prior to filing the return.”

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

“All officers / directors are requried 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, Section B, Line 15A

“An independent review is done by the finance committee to make sure the executive directors' compensation does not exceed the compensation of other directors with similar duties and responsibilities on an annual basis.”

Form 990, Part VI, Section C, Line 18

“Anyone interested in reviewing the entity's form 990 is encouraged to contact the executive director to request a time during normal business hours to review the tax return.”

Form 990, Part VI, Section C, Line 19

“The documents are available by contacting the executive director to request a time during normal business hours to review the requested information.”

Filing and Contact Details

Filer

Filer Name
Los Altos Educational Foundation
EIN
94-2862793
Phone
6505590445
Address
201 COVINGTON ROAD, LOS ALTOS, CA 94024

Signing Officer

Name
Laura Teksler
Title
President
Phone
6505590445
Signed
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather Macdonald
Formed
1982
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
4
Volunteers
90

Preparer

Firm
Johanson & Yau Accountancy Corp
Address
160 W SANTA CLARA ST SUITE 900, SAN JOSE, CA 95113
Preparer
Sara Kelley
Phone
4082885111
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Book/tax depreciation adjustment -402.”

FORM 990, PART XII, LINE 2C:

“No changes have been made to the oversight process or selection process during the year.”

Financial Statement Notes

PART X, LINE 2:

“For uncertain tax positions, the foundation uses a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. A tax position is recognized when it is more-likely-than-not that the tax position will be sustained upon examination, including resolution of any related appeals or litigation processes. A tax position that meets the more-likely-than-not recognition threshold is measured at the largest amount of benefit that is greater than 50% likely of being realized upon ultimate settlement with a taxing authority. The board believes there have been no tax positions taken that would be considered an uncertain position.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“BOOK DEPRECIATION”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“TAX DEPRECIATION”

PART XII, LINE 2D & 4B - OTHER ADJUSTMENTS:

“Net book/tax depreciation adjustment: $402”

Raw XML AppendixShowing 400 of 550 raw XML fields

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0214603
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt03308000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt03308000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt03308000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0310693
IRS990/GrossReceiptsAmt03981986
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt033795
IRS990/InformationTechnologyGrp/TotalAmt033795
IRS990/InsuranceGrp/ManagementAndGeneralAmt04847
IRS990/InsuranceGrp/TotalAmt04847
IRS990/InvestmentIncomeGrp/ExclusionAmt016740
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016740
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02250590
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02512482
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011364
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02029
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01365
IRS990/LandBldgEquipCostOrOtherBssAmt012729
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt096090
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O FOR CONTINUATIONTHE LOS ALTOS EDUCATIONAL FOUNDATION WORKS TO RAISE FUNDS TO PROVIDE FINANCIAL SUPPORT TO SUPPLEMENT THE RESOURCES OF THE LOS ALTOS SCHOOL DISTRICT FOR THE PURPOSE OF FUNDING ACADEMIC AND ENRICHMENT PROGRAMS THAT HELP IMPROVE THE OVERALL EDUCATION OF STUDENTS IN THE LOS ALTOS SCHOOL DISTRICT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02792290
IRS990/NetAssetsOrFundBalancesEOYAmt03013264
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0214603
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0214603
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-24367
IRS990/NoncashContributionsAmt095486
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt04320
IRS990/OccupancyGrp/TotalAmt04320
IRS990/OfficeExpensesGrp/FundraisingAmt06907
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012072
IRS990/OfficeExpensesGrp/TotalAmt018979
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-402
IRS990/OtherExpensesGrp/Desc0BANK FEES
IRS990/OtherExpensesGrp/Desc1MEETINGS & EVENTS
IRS990/OtherExpensesGrp/Desc2PRINTING COSTS
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/FundraisingAmt04033
IRS990/OtherExpensesGrp/FundraisingAmt17836
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030275
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14911
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2688
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31377
IRS990/OtherExpensesGrp/TotalAmt030275
IRS990/OtherExpensesGrp/TotalAmt18944
IRS990/OtherExpensesGrp/TotalAmt28524
IRS990/OtherExpensesGrp/TotalAmt31377
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt049267
IRS990/OtherSalariesAndWagesGrp/TotalAmt049267
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012034
IRS990/PayrollTaxesGrp/TotalAmt012034
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0617752
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0665428
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt07710
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt018352
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0HEATHER MACDONALD
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03677832
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03467000
IRS990/PYInvestmentIncomeAmt075501
IRS990/PYOtherExpensesAmt0249527
IRS990/PYOtherRevenueAmt05000
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-122889
IRS990/PYSalariesCompEmpBnftPaidAmt0164695
IRS990/PYTotalExpensesAmt03881222
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03758333
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0245743
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03654553
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03654553
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03677832
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03439396
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04125998
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03106694
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt018004473
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt016740
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt012625
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012938
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt018467
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01802
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt062572
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99650
IRS990ScheduleA/PublicSupportPY170Pct00.99910
IRS990ScheduleA/PublicSupportTotal170Amt018004473
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03654553
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03677832
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03439396
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04125998
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03106694
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt018004473
IRS990ScheduleA/TotalSupportAmt018067045
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt08864
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0617752
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0665429
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt056540
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt06423
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0542788
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0617752
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt081387
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt06762
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0567312
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0542788
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-17762
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt018467
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0567312
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0567312
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt018467
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt01802
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0567312
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0567312
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01802
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0114
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05729
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05843
IRS990ScheduleD/ExpensesNotReportedAmt0663
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt032845
IRS990ScheduleD/ExpensesSubtotalAmt03607308
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt032584
IRS990ScheduleD/InvestmentExpensesNotIncldAmt032584
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-24367
IRS990ScheduleD/OtherExpensesIncludedAmt0663
IRS990ScheduleD/OtherExpensesNotIncludedAmt0261
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01251
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05635
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06886
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02512482
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0-24367
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt032584
IRS990ScheduleD/RevenueSubtotalAmt03853312
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FOR UNCERTAIN TAX POSITIONS, THE FOUNDATION USES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. A TAX POSITION IS RECOGNIZED WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES. A TAX POSITION THAT MEETS THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD IS MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH A TAXING AUTHORITY. THE BOARD BELIEVES THERE HAVE BEEN NO TAX POSITIONS TAKEN THAT WOULD BE CONSIDERED AN UNCERTAIN POSITION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BOOK DEPRECIATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2TAX DEPRECIATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3NET BOOK/TAX DEPRECIATION ADJUSTMENT: $402
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$3,020,860
Liabilities
$7,596
Net assets
$3,013,264
Revenue
$3,885,896
Expenses
$3,640,153
Net income
$245,743
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.68$0.00$3.68$2.95$3.03$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.28$0.00$3.28$2.58$2.92$0.34
2022Detailed filing. Detailed filing data is available for this year.$3.08$0.01$3.08$3.11$2.93$0.18
2021Detailed filing. Detailed filing data is available for this year.$3.78$0.00$3.77$2.82$2.94$0.12
2020Detailed filing. Detailed filing data is available for this year.$3.20$0.00$3.19$3.55$3.39$0.16
2019Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$3.66$3.50$0.16
2018Detailed filing. Detailed filing data is available for this year.$3.02$0.01$3.01$3.89$3.64$0.25
2017Detailed filing. Detailed filing data is available for this year.$2.82$0.03$2.79$3.76$3.88$0.12
2016Detailed filing. Detailed filing data is available for this year.$2.73$0.01$2.72$3.48$3.52$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.87$0.01$2.86$4.14$3.41$0.73
2014Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$3.11$3.42$0.31
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$0.00$2.32$3.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$0.00$2.58$2.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.00$2.22$2.54