Civic Intelligence

Los Angeles Trade Technical College Foundation

990 • Fiscal year 2017 • EIN 95-3813527

Jul 01, 2016 to Jun 30, 2017 • Filed on May 04, 2018

Organization ProfileHTTP//COLLEGE LATTC EDU/FOUNDATION
400 West Washington BlvdLos Angeles, CA 90015

(213) 763-7149

Siviq Scores

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

Liabilities / Assets

50th percentile

0.09x

Higher debt load relative to assets than 50% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.18x

Higher debt load relative to revenue than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

59th percentile

6.3%

Faster asset growth than 59% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

36th percentile

-0.5%

Faster revenue growth than 36% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$1,274,783

Up $75,483 (+6.3%) from 2016

Net Assets

Down

$1,159,979

Down $19,314 (-1.6%) from 2016

Liabilities

Up

$114,804

Up $94,797 (+474%) from 2016

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin17th percentile

Revenue

Down

$643,490

Down $3,546 (-0.5%) from 2016

Expenses

Up

$737,066

Up $100,605 (+16%) from 2016

Net Income

Down

-$93,576

Down $104,151 (-985%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $6,268,344Liabilities 2010: $2,338Net Assets 2010: $6,266,0062010Assets 2011: $6,499,196Liabilities 2011: $1,329Net Assets 2011: $6,497,8672011Assets 2012: $6,517,624Liabilities 2012: $750Net Assets 2012: $6,516,8742012Assets 2013: $6,347,116Liabilities 2013: $0Net Assets 2013: $6,347,1162013Assets 2014: $6,374,455Liabilities 2014: $55,532Net Assets 2014: $6,318,9232014Assets 2015: $1,199,575Liabilities 2015: $6,415Net Assets 2015: $1,193,1602015Assets 2016: $1,199,300Liabilities 2016: $20,007Net Assets 2016: $1,179,2932016Assets 2017: $1,274,783Liabilities 2017: $114,804Net Assets 2017: $1,159,9792017Assets 2018: $1,455,850Liabilities 2018: $2,773Net Assets 2018: $1,453,0772018Assets 2019: $1,727,152Liabilities 2019: $18,186Net Assets 2019: $1,708,9662019Assets 2020: $1,635,162Liabilities 2020: $21,817Net Assets 2020: $1,613,3452020Assets 2021: $3,291,991Liabilities 2021: $1,651Net Assets 2021: $3,290,3402021Assets 2022: $2,947,518Liabilities 2022: $8,076Net Assets 2022: $2,939,4422022Assets 2023: $2,804,192Liabilities 2023: $132,682Net Assets 2023: $2,671,5102023Assets 2024: $2,815,550Liabilities 2024: $122,273Net Assets 2024: $2,693,2772024

Highlighted filing

2017

Assets$1,274,783
Liabilities$114,804
Net Assets$1,159,979
Open 2017 Filing

Operations Trend

Revenue Growth36th percentile

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

$10M$5.0M$0-$5.0M-$10MExpenses 2010: $487,9352010Revenue 2011: $824,431Expenses 2011: $574,903Net Income 2011: $249,5282011Revenue 2012: $613,708Expenses 2012: $513,763Net Income 2012: $99,9452012Expenses 2013: $424,7712013Revenue 2014: $245,771Expenses 2014: $320,467Net Income 2014: -$74,6962014Revenue 2015: $291,445Expenses 2015: $5,417,657Net Income 2015: -$5,126,2122015Revenue 2016: $647,036Expenses 2016: $636,461Net Income 2016: $10,5752016Revenue 2017: $643,490Expenses 2017: $737,066Net Income 2017: -$93,5762017Revenue 2018: $697,914Expenses 2018: $404,909Net Income 2018: $293,0052018Revenue 2019: $917,132Expenses 2019: $685,785Net Income 2019: $231,3472019Revenue 2020: $462,297Expenses 2020: $539,537Net Income 2020: -$77,2402020Revenue 2021: $1,345,262Expenses 2021: $167,373Net Income 2021: $1,177,8892021Revenue 2022: $235,532Expenses 2022: $374,078Net Income 2022: -$138,5462022Revenue 2023: $340,341Expenses 2023: $613,776Net Income 2023: -$273,4352023Revenue 2024: $131,340Expenses 2024: $234,697Net Income 2024: -$103,3572024

Highlighted filing

2017

Revenue$643,490
Expenses$737,066
Net Income-$93,576
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 4, 2018
Return Version
2016v3.0
Gross Receipts
$1,067,894
Mission and Program Overview

Mission

Student grants, faculty grants, capital improvements, and other development deemed vital to the spirit, purpose, obligations and aspirations of the college and its community, the foundation shall assist in promoting and continuously improving the college as a valuable community resource for students seeking vocational and technical education, career advancement and life-long learning opportunities. The foundation believes that the fulfillment of its mission will greatly aid the college in fostering a self-perpetuating environment of opportunity and industry for downtown los angeles and throughout the rest of the city and region.

The lattc foundation provides funding for student scholarships, faculty grants, capital improvements, and other campus-related projects that are vital to the spirit, purpose, obligations, and aspirations of the los angeles trade technical college and its college community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$653,608$676,378▲ $22,770
Cash and Non-Interest-Bearing Accounts$517,401$524,856▲ $7,455
Pledges and Grants Receivable$16,663$58,500▲ $41,837
Prepaid Expenses and Deferred Charges$11,628$15,049▲ $3,421
Total Assets$1,199,300$1,274,783▲ $75,483
Liabilities
Accounts Payable and Accrued Expenses$20,007$114,804▲ $94,797
Total Liabilities$20,007$114,804▲ $94,797
Net Assets / Fund Balance
Unrestricted Net Assets$616,971$667,140▲ $50,169
Temporarily Rstr Net Assets$357,334$287,851▼ $69,483
Permanently Rstr Net Assets$204,988$204,988→ $0
Total Net Assets Fund Balance$1,179,293$1,159,979▼ $19,314
Total Liabilities and Net Assets / Fund Balance$1,199,300$1,274,783▲ $75,483

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$232,176--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$204,988---$204,988
2015$204,988---$204,988
2014$210,758$25,201--$204,988
2013$189,171-▲ $21,587-$210,758
2012$178,088-▲ $11,083-$189,171
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
David CrippensChairperson
Darlene KubaVice Chair
Chris HannanDirector
Denise CamposDirector
Erik PulatianDirector
George PerezDirector
John McdowellDirector
Laurence FrankDirector
Robert FarrellDirector
Steve LamarDirector
Victor ReyesDirector
Chini Johnson-taylorSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$634,775
Program Service Revenue
$0
Investment Income
$-38,385
Other Revenue
$47,100
All Other Contributions
$376,757
Change in Net Assets
$-93,576

Audited Revenue Reconciliation

Revenue per Audited Statements
$642,723
Revenue Not Reported on Financial Statements
$767
Revenue Not Reported on Form 990
$74,262
Total Revenue per Audited Statements
$716,985
Total Revenue per Form 990
$643,490
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$386,315
Grants and Similar Amounts Paid$309,114
Salaries, Compensation, and Employee Benefits$41,637
Total Fundraising Expense$2,246
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$345,624--$345,624
Grants to Domestic Orgs$269,786--$269,786
Grants to Domestic Individuals$39,328--$39,328
Other Salaries and Wages$21,589$12,593$1,799$35,981
Fees for Services Accounting-$26,111-$26,111
Insurance$1,761$8,372$46$10,179
Other Employee Benefits$2,017$1,176$168$3,361
Payroll Taxes$1,377$803$115$2,295
Office Expenses$693$863$55$1,611
Fees for Service Investment Mgmnt Fees-$767-$767
Conferences and Meetings-$633-$633
Other Expenses$755$132$63$132
Total Functional Expenses$682,930$51,890$2,246$737,066

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$737,066
Expenses per Audited Statements$736,299
Total Expenses per Audited Statements$736,299
Expenses Not Reported on Financial Statements$767
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
La Trade Technical CollegeLos Angeles, CA501(c)(3)For College Projects$269,786
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$58,898
Fundraising Gross Income$56,898
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$314,916$56,898$42,762$14,136
Total Events$314,916$56,898$58,898$-2,000
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
Yes
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

“The form 990 is reviewed by the executive committee before dissemination to the full board for review.”

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

“Board members review, disclose and sign the conflict of interest policy at the first meeting of the year. During the year questions are asked whether any new conflicts have arisen.”

Form 990, Part VI, Section B, Line 15

“Compensation is reviewed by the board using comparable data and keeping the budget in mind.”

Form 990, Part VI, Section C, Line 19

“Documents will be made available by contacting the foundations offices during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Los Angeles Trade Technical
EIN
95-3813527
Phone
2137637149
Address
400 WEST WASHINGTON BLVD, LOS ANGELES, CA 90015

Signing Officer

Name
David Crippens
Title
President
Phone
2137637149
Signed
2018-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Crippens
Formed
1983
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
30

Preparer

Firm
HENSIEK & CARON CPA'S
Address
650 SIERRA MADRE VILLA 303, PASADENA, CA 91107
Preparer
Susan Caron
Phone
6267929988
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting fees - program: program service expenses 345,624. Management and general expenses 0. Fundraising expenses 0. Total expenses 345,624.”

Financial Statement Notes

PART V, LINE 4:

“The california community colleges scholarship endowment is restricted for the purpose of providing scholarships for students at the college.”

PART X, LINE 2:

“The accounting standard on accounting for uncertainty in income taxes provides guidance on how uncertain tax positions should be recognized, measured, presented and disclosed in the financial statements. Examples of tax positions include the tax-exempt status of the organization and various positions related to the potential sources of unrelated business taxable income (ubit). The foundation believes that it has no uncertain tax positions that impact its financial statements.”

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IRS990/MissionDesc0STUDENT GRANTS, FACULTY GRANTS, CAPITAL IMPROVEMENTS, AND OTHER DEVELOPMENT DEEMED VITAL TO THE SPIRIT, PURPOSE, OBLIGATIONS AND ASPIRATIONS OF THE COLLEGE AND ITS COMMUNITY, THE FOUNDATION SHALL ASSIST IN PROMOTING AND CONTINUOUSLY IMPROVING THE COLLEGE AS A VALUABLE COMMUNITY RESOURCE FOR STUDENTS SEEKING VOCATIONAL AND TECHNICAL EDUCATION, CAREER ADVANCEMENT AND LIFE-LONG LEARNING OPPORTUNITIES. THE FOUNDATION BELIEVES THAT THE FULFILLMENT OF ITS MISSION WILL GREATLY AID THE COLLEGE IN FOSTERING A SELF-PERPETUATING ENVIRONMENT OF OPPORTUNITY AND INDUSTRY FOR DOWNTOWN LOS ANGELES AND THROUGHOUT THE REST OF THE CITY AND REGION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01179293
IRS990/NetAssetsOrFundBalancesEOYAmt01159979
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-44468
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-44468
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-2000
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-2000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt074262
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt055
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0863
IRS990/OfficeExpensesGrp/ProgramServicesAmt0693
IRS990/OfficeExpensesGrp/TotalAmt01611
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0168
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01176
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02017
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03361
IRS990/OtherExpensesGrp/Desc0BANK AND MERCHANT FEES
IRS990/OtherExpensesGrp/Desc1TAXES AND LICENSES
IRS990/OtherExpensesGrp/FundraisingAmt063
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0440
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1132
IRS990/OtherExpensesGrp/ProgramServicesAmt0755
IRS990/OtherExpensesGrp/TotalAmt01258
IRS990/OtherExpensesGrp/TotalAmt1132
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt049100
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt049100
IRS990/OtherRevenueTotalAmt049100
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01799
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012593
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt021589
IRS990/OtherSalariesAndWagesGrp/TotalAmt035981
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0115
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0803
IRS990/PayrollTaxesGrp/ProgramServicesAmt01377
IRS990/PayrollTaxesGrp/TotalAmt02295
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0204988
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0204988
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt016663
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt058500
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011628
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015049
IRS990/PrincipalOfficerNm0DAVID CRIPPENS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0DEPARTMENT PROJECTS INCLUDING GRADUATION, SKILLS USA COMPETITION, AND TOOLS FOR THE TRADE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0373816
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0366752
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0380071
IRS990/PYInvestmentIncomeAmt04316
IRS990/PYOtherExpensesAmt085331
IRS990/PYOtherRevenueAmt0275968
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt010575
IRS990/PYSalariesCompEmpBnftPaidAmt0171059
IRS990/PYTotalExpensesAmt0636461
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0647036
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-93576
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0691676
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0645613
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0288005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0112900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0226352
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01964546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06083
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04192
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt035359
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt039820
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt095550
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0181004
IRS990ScheduleA/PublicSupportCY170Pct00.91560
IRS990ScheduleA/PublicSupportPY170Pct00.85100
IRS990ScheduleA/PublicSupportTotal170Amt01964546
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0691676
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0645613
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0288005
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0112900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0226352
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01964546
IRS990ScheduleA/TotalSupportAmt02145550
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/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0204988
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0204988
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0204988
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0204988
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt030971
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0210758
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt025201
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0204988
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0189171
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0210758
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt021587
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0178088
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0189171
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011083
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0767
IRS990ScheduleD/ExpensesSubtotalAmt0736299
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0767
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0767
IRS990ScheduleD/NetUnrealizedGainsInvstAmt074262
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0340972
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt199000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt24230
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3232176
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MONEY MARKET FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/Desc2EQUITY FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3POOLED INCOME FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/RevenueNotReportedAmt074262
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0767
IRS990ScheduleD/RevenueSubtotalAmt0642723
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CALIFORNIA COMMUNITY COLLEGES SCHOLARSHIP ENDOWMENT IS RESTRICTED FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS FOR STUDENTS AT THE COLLEGE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES PROVIDES GUIDANCE ON HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED AND DISCLOSED IN THE FINANCIAL STATEMENTS. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE FOUNDATION BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT IMPACT ITS FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0676378
IRS990ScheduleD/TotalExpensesPerForm990Amt0737066
IRS990ScheduleD/TotalRevenuePerForm990Amt0643490
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0716985
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0736299
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0258018
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0258018
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt058898
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt011636
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt011636
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0314916
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0314916
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt056898
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt056898
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2000
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt042762
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt042762
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04500
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04500
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt039328
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0STUDENT SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt041
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/RecipientTable/CashGrantAmt0269786
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FOR COLLEGE PROJECTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LA TRADE TECHNICAL COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0952587353
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0400 WEST WASHINGTON BLVD

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,274,783
Liabilities
$114,804
Net assets
$1,159,979
Revenue
$643,490
Expenses
$737,066
Net income
-$93,576
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.82$0.12$2.69$0.13$0.23$0.10
2023Detailed filing. Detailed filing data is available for this year.$2.80$0.13$2.67$0.34$0.61$0.27
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$0.01$2.94$0.24$0.37$0.14
2021Detailed filing. Detailed filing data is available for this year.$3.29$0.00$3.29$1.35$0.17$1.18
2020Detailed filing. Detailed filing data is available for this year.$1.64$0.02$1.61$0.46$0.54$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.73$0.02$1.71$0.92$0.69$0.23
2018Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.45$0.70$0.40$0.29
2017Detailed filing. Detailed filing data is available for this year.$1.27$0.11$1.16$0.64$0.74$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.20$0.02$1.18$0.65$0.64$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.20$0.01$1.19$0.29$5.42$5.13
2014Detailed filing. Detailed filing data is available for this year.$6.37$0.06$6.32$0.25$0.32$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.35$0.00$6.35$0.42
2012Summary only. Only limited summary data is available for this year.$6.52$0.00$6.52$0.61$0.51$0.10
2011Summary only. Only limited summary data is available for this year.$6.50$0.00$6.50$0.82$0.57$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.27$0.00$6.27$0.49