Civic Intelligence

Glendale Educational Foundation

990 • Fiscal year 2024 • EIN 95-3815676

Aug 01, 2023 to Jul 31, 2024 • Filed on Jun 16, 2025

Organization ProfileWWW.GLENED.ORG
223 N Jackson St 110Glendale, CA 91206

(818) 247-0466

Siviq Scores

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

Liabilities / Assets

66th percentile

0.08x

Higher debt load relative to assets than 66% of similar nonprofits.

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

Liabilities / Revenue

83rd percentile

0.32x

Higher debt load relative to revenue than 83% of similar nonprofits.

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

Net Margin

8th percentile

-40%

Higher net margin than 8% of similar nonprofits.

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

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

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

Asset Growth

12th percentile

-17%

Faster asset growth than 12% of similar nonprofits.

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

Revenue Growth

6th percentile

-47%

Faster revenue growth than 6% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$571,792

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

Net Assets

Down

$528,784

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

Liabilities

Up

$43,008

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

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin8th 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

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$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 across loaded years, with this 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
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Jun 16, 2025
Return Version
2023v6.0
Gross Receipts
$274,129
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$354,459$385,421▲ $30,962
Cash and Non-Interest-Bearing Accounts$196,788$184,623▼ $12,165
Savings and Temporary Cash Investments$53,644$0▼ $53,644
Prepaid Expenses and Deferred Charges$1,745$1,748▲ $3
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 Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$606,636$571,792▼ $34,844
Other Assets Total-$0-
Liabilities
Other Liabilities$8$43,008▲ $43,000
Total Liabilities$8$43,008▲ $43,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$552,984$528,784▼ $24,200
Net Assets With Donor Restrictions$53,644--
Total Net Assets Fund Balance$606,628$528,784▼ $77,844
Total Liabilities and Net Assets / Fund Balance$606,636$571,792▼ $34,844
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Maria SahakianCreative Chair
Robert GordonPresident
John MaghaguianVice President
Romie RuizExecutive Director
Alex ParajonCommunity Relat
Corrie SiegalImpact Eval
Alwyn LeesMember
Debbie BluteMember
Dr Darneika WatsonMember
George DulgeryanMember
Hala ShonoudaMember
Ingrid GunnellMember
Jennifer Berrymember
Jennifer FreemanMember
Jim Zolnowskimember
Kristin LevyMember
Lerna Amiryansmember
Manuel MagpapianMember
Raana HasnatMember
Robert WilliamMember
Ron ScottMember
Sona TatiyantsMember
Vrejh HovespianMember
Yvette DavisMember
Yuliya PobereykoSecretary
Georgette GreenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$137,459
Program Service Revenue
$0
Investment Income
$8,809
Other Revenue
$-11,454
All Other Contributions
$54,209
Change in Net Assets
$-53,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$111,435
Other Expenses$73,138
Grants and Similar Amounts Paid$4,234
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$103,204-$103,204
All Other Expenses$3,434$22,401-$25,835
Payroll Taxes-$8,231-$8,231
Other Expenses$6,995$4,710-$4,710
Grants to Domestic Individuals$4,234--$4,234
Fees for Services Accounting-$4,111-$4,111
Insurance-$2,655-$2,655
Total Functional Expenses$38,703$150,104$0$188,807
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$65,357
Fundraising Gross Income$53,903
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Appeal$75,000---
State of the Schools$41,760$41,760$20,918$20,842
Total Events$128,903$53,903$65,357$-11,454
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accured Expenses$43,000
Payroll Liabilities$8
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
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

“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 12C

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

Form 990, Part VI, Section B, Line 15A

“The board reviews comparable salaries from similar organizations and votes on the salaries at the board meeting.”

Form 990, Part VI, Section C, Line 18

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

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Glendale Educational Foundation
EIN
95-3815676
Phone
8182470466
Address
223 N JACKSON ST 110, GLENDALE, CA 91206

Signing Officer

Name
Georgette Green
Title
Treasurer
Signed
2025-06-16
Discuss with paid preparer
Yes

Organization Details

Formed
1981
Legal Domicile
CA
Voting Board Members
26
Independent Board Members
26
Employees
3
Volunteers
50

Preparer

Firm
The Accountancy Llp
Address
500 N BRAND BLVD STE 1930, GLENDALE, CA 91203
Preparer
Nassif E Shammaa CPA
Phone
8185475701
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“After school Transportation: Column (A) - Total = $530; Column (B) - Program Services = $0; Column (C) - Management & General = $530; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Annual Meeting Expense: Column (A) - Total = $195; Column (B) - Program Services = $0; Column (C) - Management & General = $195; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“BANK CHARGES: Column (A) - Total = $1; Column (B) - Program Services = $0; Column (C) - Management & General = $1; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“BOARD EXPENSES: Column (A) - Total = $1828; Column (B) - Program Services = $0; Column (C) - Management & General = $1828; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Consulting Fees : Column (A) - Total = $975; Column (B) - Program Services = $0; Column (C) - Management & General = $975; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“CREDIT CARD FEES: Column (A) - Total = $444; Column (B) - Program Services = $0; Column (C) - Management & General = $444; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“DUES & SUBSCRIPTIONS: Column (A) - Total = $665; Column (B) - Program Services = $0; Column (C) - Management & General = $665; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“FILING FEES AND LICENSES: Column (A) - Total = $100; Column (B) - Program Services = $0; Column (C) - Management & General = $100; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“INVESTMENT MANAGEMENT FEES: Column (A) - Total = $4301; Column (B) - Program Services = $0; Column (C) - Management & General = $4301; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“MARKETING PR COMMITTEE EXPENSE: Column (A) - Total = $3936; Column (B) - Program Services = $0; Column (C) - Management & General = $3936; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“OFFICE SUPPLIES: Column (A) - Total = $327; Column (B) - Program Services = $0; Column (C) - Management & General = $327; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Other Admin Expense: Column (A) - Total = $209; Column (B) - Program Services = $0; Column (C) - Management & General = $209; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“OUTSIDE CONTRACT /WEBSITE: Column (A) - Total = $4708; Column (B) - Program Services = $0; Column (C) - Management & General = $4708; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“PAYROLL PROCESSING FEES: Column (A) - Total = $676; Column (B) - Program Services = $0; Column (C) - Management & General = $676; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“POSTAGE: Column (A) - Total = $766; Column (B) - Program Services = $0; Column (C) - Management & General = $766; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Principal for a Day: Column (A) - Total = $1391; Column (B) - Program Services = $1391; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Printing and Publications: Column (A) - Total = $1483; Column (B) - Program Services = $0; Column (C) - Management & General = $1483; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Program Expense: Column (A) - Total = $2043; Column (B) - Program Services = $2043; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Workers Comp Insurance: Column (A) - Total = $1257; Column (B) - Program Services = $0; Column (C) - Management & General = $1257; Column (D) - Fundraising = $0”

Form 990, Part XI, Line 9

“Decreases in College View fund = -$53644”

Raw XML AppendixShowing 400 of 631 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 STUDENTS, STAFF, PARENTS AND THE COMMUNITY.
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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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

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
2024Detailed filing. Detailed filing data is available for this year.$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