Civic Intelligence

Glendale Educational Foundation

EIN 95-3815676 • 501(c)3 • Glendale, CA

Profile

The glendale educational foundation is committed to generating funds to enrich and enhance the programs and projects of the glendale unified school district for a healthy and quality learning environment to benefit students, staff, parents and the community.

223 N Jackson Street No 102Glendale, CA 91206

www.glened.org

Siviq Scores

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

Liabilities / Assets

64th percentile

0.08x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.32x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

9th percentile

-40%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$17,741

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

14th percentile

-17%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-47%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$571,792

Down $120,305 (-17%) from 2023

Liabilities

Up

$43,008

Up $43,000 (+537500%) from 2023

Net Assets

Down

$528,784

Down $163,305 (-24%) from 2023

Operations
Liabilities / Revenue82nd percentileNet Margin9th percentile

Revenue

Down

$134,814

Down $119,853 (-47%) from 2023

Expenses

Up

$188,807

Up $7,571 (+4.2%) from 2023

Net Income

Down

-$53,993

Down $127,424 (-174%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $869,809Liabilities 2011: $0Net Assets 2011: $869,8092011Assets 2012: $1,018,554Liabilities 2012: $0Net Assets 2012: $1,018,5542012Assets 2013: $247,684Liabilities 2013: $27,175Net Assets 2013: $220,5092013Assets 2014: $339,403Liabilities 2014: $15,000Net Assets 2014: $324,4032014Assets 2015: $313,831Liabilities 2015: $0Net Assets 2015: $313,8312015Assets 2016: $349,744Liabilities 2016: $92,558Net Assets 2016: $257,1862016Assets 2017: $391,884Liabilities 2017: $114,858Net Assets 2017: $277,0262017Assets 2018: $420,959Liabilities 2018: $109,617Net Assets 2018: $311,3422018Assets 2019: $455,552Liabilities 2019: $122,979Net Assets 2019: $332,5732019Assets 2020: $561,525Liabilities 2020: $141,600Net Assets 2020: $419,9252020Assets 2021: $626,017Liabilities 2021: $140,951Net Assets 2021: $485,0662021Assets 2022: $618,658Liabilities 2022: $0Net Assets 2022: $618,6582022Assets 2023: $692,097Liabilities 2023: $8Net Assets 2023: $692,0892023Assets 2024: $571,792Liabilities 2024: $43,008Net Assets 2024: $528,7842024

Highlighted filing

2024

Assets$571,792
Liabilities$43,008
Net Assets$528,784
Open 2024 Filing

Operations Trend

Revenue Growth6th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $750,865Expenses 2011: $625,502Net Income 2011: $125,3632011Revenue 2012: $763,740Expenses 2012: $614,995Net Income 2012: $148,7452012Revenue 2013: $244,301Expenses 2013: $190,210Net Income 2013: $54,0912013Revenue 2014: $193,941Expenses 2014: $97,937Net Income 2014: $96,0042014Revenue 2015: $195,102Expenses 2015: $205,674Net Income 2015: -$10,5722015Revenue 2016: $247,897Expenses 2016: $304,542Net Income 2016: -$56,6452016Revenue 2017: $274,310Expenses 2017: $254,470Net Income 2017: $19,8402017Revenue 2018: $287,715Expenses 2018: $267,926Net Income 2018: $19,7892018Revenue 2019: $294,340Expenses 2019: $273,109Net Income 2019: $21,2312019Revenue 2020: $281,933Expenses 2020: $267,522Net Income 2020: $14,4112020Revenue 2021: $250,108Expenses 2021: $220,241Net Income 2021: $29,8672021Revenue 2022: $275,135Expenses 2022: $141,543Net Income 2022: $133,5922022Revenue 2023: $254,667Expenses 2023: $181,236Net Income 2023: $73,4312023Revenue 2024: $134,814Expenses 2024: $188,807Net Income 2024: -$53,9932024

Highlighted filing

2024

Revenue$134,814
Expenses$188,807
Net Income-$53,993
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$571,792
Liabilities
$43,008
Net assets
$528,784
Revenue
$134,814
Expenses
$188,807
Net income
-$53,993
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.04$0.53$0.13$0.19$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.00$0.69$0.25$0.18$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.00$0.62$0.28$0.14$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.14$0.49$0.25$0.22$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.14$0.42$0.28$0.27$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.12$0.33$0.29$0.27$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.11$0.31$0.29$0.27$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.11$0.28$0.27$0.25$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.09$0.26$0.25$0.30$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.20$0.21$0.01
2014Summary only. Only limited summary data is available for this year.$0.34$0.02$0.32$0.19$0.10$0.10
2013Summary only. Only limited summary data is available for this year.$0.25$0.03$0.22$0.24$0.19$0.05
2012Summary only. Only limited summary data is available for this year.$1.02$0.00$1.02$0.76$0.61$0.15
2011Summary only. Only limited summary data is available for this year.$0.87$0.00$0.87$0.75$0.63$0.13
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Feb 5, 2016
Return Version
2014v6.0
Gross Receipts
$250,764
Mission and Program Overview

Mission

The glendale educational foundation is committed to generating funds to enrich and enhance the programs and projects of the glendale unified school district for a healthy and quality learning environment to benefit students, staff, parents and the community.

The glendale educational foundation is committed to generating funds to enrich and enhance the programs and projects of the glendale unified school district for a healthy and quality learning environment to benefit student, staff, parents and the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$159,896$178,764▲ $18,868
Cash and Non-Interest-Bearing Accounts$93,209$71,345▼ $21,864
Savings and Temporary Cash Investments$86,298$63,722▼ $22,576
Total Assets$339,403$313,831▼ $25,572
Liabilities
Accounts Payable and Accrued Expenses$15,000$0▼ $15,000
Total Liabilities$15,000$0▼ $15,000
Net Assets / Fund Balance
Unrestricted Net Assets$294,347$279,927▼ $14,420
Temporarily Rstr Net Assets$30,056$33,904▲ $3,848
Total Net Assets Fund Balance$324,403$313,831▼ $10,572
Total Liabilities and Net Assets / Fund Balance$339,403$313,831▼ $25,572

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$178,764--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$159,896$10,974▲ $8,986-$178,764
2013$146,935-▲ $12,961-$159,896
2012----$146,935
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Susan HuntExecutive DirectorPT$17,741$17,741

Board Members and Trustees

NameTitle
Laurel PatricPast President
Lynn MiyamotoPresident
Alwyn LeesDirector
Ara AdjamianDirector
Carl PovilaitisDirector
Christine WaltersDirector
Dan CabreraDirector
David ParkDirector
Elizabeth ManasserianDirector
Greg GrandeDirector
Helen MagidDirector
Jeanne BrewerDirector
Kathy McclureDirector
Kevin Cordova BrookeyDirector
Kris HonsDirector
Lady EdwardsDirector
Marie FishDirector
Marisol EspinozaDirector
Monna JohnsonDirector
Nick LamDirector
Rebecca DelfinoDirector
Stephen RopfogelDirector
Todd HuntDirector
Vahik SatoorianDirector
Vrejh HovsepianDirector
Yvette DavisDirector
Sandy RussellSecretary
Cindy ClearyTreasurer
Georgette GreenV.p. Administration
Mike MooslinV.p. Bpp
Eric HamiltonV.p. Events
Toni Beck EspinozaV.p. Marketing
Revenue and Support

Revenue Composition

Contributions and Grants
$202,719
Program Service Revenue
$0
Investment Income
$9,090
Other Revenue
$-16,707
All Other Contributions
$65,191
Change in Net Assets
$-10,572
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$137,548
Other Expenses$68,126
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$137,548--$137,548
Advertising$4,517$9,414-$13,931
Fees for Services Accounting-$9,384-$9,384
Conferences and Meetings$3,076$1,837-$4,913
Office Expenses-$4,670-$4,670
Information Technology-$2,994-$2,994
Insurance-$1,974-$1,974
Other Expenses-$100-$100
Total Functional Expenses$145,141$60,533$0$205,674
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Glendale Unified School DistrictGlendale, CA-To Provide Assistance With Their Programs$98,136
Glendale Unified School District - Glendale High School Animation AcademyGlendale, CA-To Support Their Animation Program$25,000
Glendale Unified School District - Health and FitnessGlendale, CA-To Provide Assistance With Their Programs$9,561
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$52,637
Fundraising Gross Income$32,480
Gaming Gross Income$3,450
Gaming Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
State of the Schools$72,895-$9,852-
Denim & Diamonds Gala$67,113$32,480$6,675$25,805
Total Events$150,008$32,480$52,637$-20,157
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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, Section B, Line 11

“The board of directors is given a draft copy of the return to review prior to it being filed.”

Form 990, Part VI, Section B, Line 12

“The board members sign a conflict of interest policy unpon acceptance of their term and disclose anything that may give rise to a conflict of interest.”

Form 990, Part VI, Section C, Line 19

“The governing documents and form 990 made available upon request and the form 990 is available on the guidestar website.”

Filing and Contact Details

Filer

Filer Name
Glendale Educational Foundation
EIN
95-3815676
Phone
8182470466
Address
223 N JACKSON STREET NO 102, GLENDALE, CA 91206

Signing Officer

Name
Toni Beck Espinoza
Title
President
Phone
8182470466
Signed
2016-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynn Miyamoto
Formed
1981
Legal Domicile
CA
Voting Board Members
32
Independent Board Members
32
Employees
0
Volunteers
42

Preparer

Firm
Jlk Rosenberger Llp
Address
801 N BRAND BLVD SUITE 550, GLENDALE, CA 91203
Preparer
Robert Gabon
Phone
8183348623
Raw XML AppendixShowing 400 of 653 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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IRS990/ActivityOrMissionDesc0THE GLENDALE EDUCATIONAL FOUNDATION IS COMMITTED TO GENERATING FUNDS TO ENRICH AND ENHANCE THE PROGRAMS AND PROJECTS OF THE GLENDALE UNIFIED SCHOOL DISTRICT FOR A HEALTHY AND QUALITY LEARNING ENVIRONMENT TO BENEFIT STUDENT, STAFF, PARENTS AND THE COMMUNITY.
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IRS990/Form990PartVIISectionAGrp/PersonNm9GREG GRANDE
IRS990/Form990PartVIISectionAGrp/PersonNm10GEORGETTE GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm11TODD HUNT
IRS990/Form990PartVIISectionAGrp/PersonNm12KRIS HONS
IRS990/Form990PartVIISectionAGrp/PersonNm13VREJH HOVSEPIAN
IRS990/Form990PartVIISectionAGrp/PersonNm14NICK LAM
IRS990/Form990PartVIISectionAGrp/PersonNm15ALWYN LEES
IRS990/Form990PartVIISectionAGrp/PersonNm16HELEN MAGID
IRS990/Form990PartVIISectionAGrp/PersonNm17ELIZABETH MANASSERIAN
IRS990/Form990PartVIISectionAGrp/PersonNm18MIKE MOOSLIN
IRS990/Form990PartVIISectionAGrp/PersonNm19MONNA JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm20STEPHEN ROPFOGEL
IRS990/Form990PartVIISectionAGrp/PersonNm21DAVID PARK
IRS990/Form990PartVIISectionAGrp/PersonNm22VAHIK SATOORIAN
IRS990/Form990PartVIISectionAGrp/PersonNm23CARL POVILAITIS
IRS990/Form990PartVIISectionAGrp/PersonNm24LYNN MIYAMOTO
IRS990/Form990PartVIISectionAGrp/PersonNm25CINDY CLEARY
IRS990/Form990PartVIISectionAGrp/PersonNm26SANDY RUSSELL
IRS990/Form990PartVIISectionAGrp/PersonNm27TONI BECK ESPINOZA
IRS990/Form990PartVIISectionAGrp/PersonNm28ERIC HAMILTON
IRS990/Form990PartVIISectionAGrp/PersonNm29CHRISTINE WALTERS
IRS990/Form990PartVIISectionAGrp/PersonNm30KATHY MCCLURE
IRS990/Form990PartVIISectionAGrp/PersonNm31LAUREL PATRIC
IRS990/Form990PartVIISectionAGrp/PersonNm32SUSAN HUNT
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10V.P. ADMINISTRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18V.P. BPP
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt25TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt26SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt27V.P. MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt28V.P. EVENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt32EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0117528
IRS990/FundraisingDirectExpensesAmt052637
IRS990/FundraisingGrossIncomeAmt032480
IRS990/GainOrLossGrp/SecuritiesAmt043
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt03450
IRS990/GoverningBodyVotingMembersCnt032
IRS990/GrantAmt014412
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0137548
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0137548
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03068
IRS990/GrossReceiptsAmt0250764
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt032
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02994
IRS990/InformationTechnologyGrp/TotalAmt02994
IRS990/InsuranceGrp/ManagementAndGeneralAmt01974
IRS990/InsuranceGrp/TotalAmt01974
IRS990/InvestmentIncomeGrp/ExclusionAmt09047
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09047
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0159896
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0178764
IRS990/IRPDocumentCnt02
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE GLENDALE EDUCATIONAL FOUNDATION IS COMMITTED TO GENERATING FUNDS TO ENRICH AND ENHANCE THE PROGRAMS AND PROJECTS OF THE GLENDALE UNIFIED SCHOOL DISTRICT FOR A HEALTHY AND QUALITY LEARNING ENVIRONMENT TO BENEFIT STUDENTS, STAFF, PARENTS AND THE COMMUNITY.
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE SUPPORT
IRS990/OtherExpensesGrp/Desc1DUES
IRS990/OtherExpensesGrp/Desc2FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1160
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2100
IRS990/OtherExpensesGrp/TotalAmt030000
IRS990/OtherExpensesGrp/TotalAmt1160
IRS990/OtherExpensesGrp/TotalAmt2100
IRS990/OtherWebsiteInd0X
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IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LYNN MIYAMOTO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDING FUNDS TO ASSIST THE GLENDALE UNIFIED SCHOOL DISTRICT IN DEVELOPING THEIR DISNEY ANIMATI0N PROGRAM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt025000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt025000
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDING FUNDS TO ASSIST THE GLENDALE UNIFIED SCHOOL DISTRICT WITH THE SAVE THE MUSIC PROGRAM.

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