Civic Intelligence

Pasadena Delta Foundation Inc.

990 • Fiscal year 2022 • EIN 95-4502691

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 15, 2023

PO Box 93552Pasadena, CA 91109

(818) 517-2099

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

93rd percentile

64%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

28th percentile

-13%

Faster asset growth than 28% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

51st percentile

11%

Faster revenue growth than 51% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$453,895

Down $70,370 (-13%) from 2021

Net Assets

Down

$453,895

Down $70,370 (-13%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$48,232

Up $4,715 (+11%) from 2021

Expenses

Down

$17,545

Down $29,906 (-63%) from 2021

Net Income

Up

$30,687

Up $34,621 (+880%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $314,998Liabilities 2012: $335Net Assets 2012: $314,6632012Assets 2013: $332,976Liabilities 2013: $544Net Assets 2013: $332,4322013Assets 2014: $369,204Liabilities 2014: $90Net Assets 2014: $369,1142014Assets 2015: $373,476Liabilities 2015: $3,250Net Assets 2015: $370,2262015Assets 2016: $353,095Liabilities 2016: $502Net Assets 2016: $352,5932016Assets 2017: $406,347Liabilities 2017: $1,311Net Assets 2017: $405,0362017Assets 2018: $403,305Liabilities 2018: $2,677Net Assets 2018: $400,6282018Assets 2019: $418,403Liabilities 2019: $674Net Assets 2019: $417,7292019Assets 2020: $419,412Liabilities 2020: $0Net Assets 2020: $419,4122020Assets 2021: $524,265Liabilities 2021: $0Net Assets 2021: $524,2652021Assets 2022: $453,895Liabilities 2022: $0Net Assets 2022: $453,8952022Assets 2023: $485,129Liabilities 2023: $0Net Assets 2023: $485,1292023

Highlighted filing

2022

Assets$453,895
Liabilities$0
Net Assets$453,895

Operations Trend

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

$60K$40K$20K$0-$20K-$40KRevenue 2012: $25,350Expenses 2012: $20,466Net Income 2012: $4,8842012Revenue 2013: $21,245Expenses 2013: $28,713Net Income 2013: -$7,4682013Revenue 2014: $14,368Expenses 2014: $21,464Net Income 2014: -$7,0962014Revenue 2015: $18,721Expenses 2015: $19,240Net Income 2015: -$5192015Revenue 2016: $23,890Expenses 2016: $24,089Net Income 2016: -$1992016Revenue 2017: $32,483Expenses 2017: $18,147Net Income 2017: $14,3362017Revenue 2018: $12,265Expenses 2018: $38,650Net Income 2018: -$26,3852018Revenue 2019: $39,967Expenses 2019: $23,106Net Income 2019: $16,8612019Revenue 2020: $33,128Expenses 2020: $26,984Net Income 2020: $6,1442020Revenue 2021: $43,517Expenses 2021: $47,451Net Income 2021: -$3,9342021Revenue 2022: $48,232Expenses 2022: $17,545Net Income 2022: $30,6872022Revenue 2023: $14,288Expenses 2023: $16,298Net Income 2023: -$2,0102023

Highlighted filing

2022

Revenue$48,232
Expenses$17,545
Net Income$30,687
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 15, 2023
Return Version
2021v4.1
Gross Receipts
$56,918
Mission and Program Overview

Mission

Provide awards and scholarships to individuals and tax exempt organizations for charitable, religious, educational, health, scientific and entrepreneurial endeavors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$491,199$390,142▼ $101,057
Cash and Non-Interest-Bearing Accounts$33,066$63,753▲ $30,687
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$524,265$453,895▼ $70,370
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$247,013$247,013→ $0
Net Assets Without Donor Restrictions$277,252$206,882▼ $70,370
Total Net Assets Fund Balance$524,265$453,895▼ $70,370
Total Liabilities and Net Assets / Fund Balance$524,265$453,895▼ $70,370
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$35,816
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$12,415
All Other Contributions
$35,816
Change in Net Assets
$30,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$17,545
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$2,220$423-$2,643
Fees for Services Accounting-$1,800-$1,800
Other Expenses$312$75-$75
Total Functional Expenses$14,922$2,623$0$17,545
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,101
Fundraising Direct Expenses$8,686
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Yaawc$21,101$21,101$5,350$15,751
Total Events$21,101$21,101$8,686$12,415
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
Yes
Audit committee
Yes
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, Line 11B: Form 990 Review Process

The return is reviewed by the finance committee prior to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Pasadena Delta Foundation
EIN
95-4502691
Phone
8185172099
Address
PO BOX 93552, PASADENA, CA 91109

Signing Officer

Name
Melinda Campbell
Title
Treasurer
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melinda Campbell
Formed
1994
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
8
Employees
0
Volunteers
25

Preparer

Firm
Hutchinson and Bloodgood Llp
Address
550 N BRAND BLVD 14th Floor, GLENDALE, CA 91203
Preparer
Georgette M Green
Phone
8186375000
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Net change in agency held funds - pasadena community foundat = -$101057

Amended Explanation

The taxpayer amends the form 990-pf as previously filed to correctly file form 990 for the tax year ended june 30, 2022. The form 990-pf was incorrectly filed for failure to pass the public support test. However, the taxpayer successfully passed the public support test as reported on schedule a as attached and made part of form 990.form 990-pf and schedule a is amended to reflect that the organization is a publicly supported organization. Pasadena delta foundation maintains an agency relationship with the pasadena community foundation and the 2021 tax returns (form 990-pf) as originally filed incorrectly included income and gains/losses related to the agency relationship and incorrectly resulted in the organizations's failure to pass the public support test. These agency related income and gains/loss amount should not have been included in the originally filed returns and have been corrected with the amended returns.

Financial Statement Notes

Part X : FIN48 Footnote

The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code and is exempt from state income tax under section 23701d of the california revenue and tax code. Management believes that this exemption will remain unchanged. The organization has been classified as a public supported charity, which is not a private foundation, under section 509(a) of the internal revenue code. Contributions made by the public are deductible for income tax purposes.

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IRS990/PYTotalRevenueAmt043517
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IRS990/ReconcilationRevenueExpnssAmt030687
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt036892
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt012170
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt012085
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02355
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt099318
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02
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IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.66950
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IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.33050
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt012085
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt012087
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02358
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt099326
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM STATE INCOME TAX UNDER SECTION 23701D OF THE CALIFORNIA REVENUE AND TAX CODE. MANAGEMENT BELIEVES THAT THIS EXEMPTION WILL REMAIN UNCHANGED. THE ORGANIZATION HAS BEEN CLASSIFIED AS A PUBLIC SUPPORTED CHARITY, WHICH IS NOT A PRIVATE FOUNDATION, UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. CONTRIBUTIONS MADE BY THE PUBLIC ARE DEDUCTIBLE FOR INCOME TAX PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt021101
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012415
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05350
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05350
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NET CHANGE IN AGENCY HELD FUNDS - PASADENA COMMUNITY FOUNDAT = -$101057
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TAXPAYER AMENDS THE FORM 990-PF AS PREVIOUSLY FILED TO CORRECTLY FILE FORM 990 FOR THE TAX YEAR ENDED JUNE 30, 2022. THE FORM 990-PF WAS INCORRECTLY FILED FOR FAILURE TO PASS THE PUBLIC SUPPORT TEST. HOWEVER, THE TAXPAYER SUCCESSFULLY PASSED THE PUBLIC SUPPORT TEST AS REPORTED ON SCHEDULE A AS ATTACHED AND MADE PART OF FORM 990.FORM 990-PF AND SCHEDULE A IS AMENDED TO REFLECT THAT THE ORGANIZATION IS A PUBLICLY SUPPORTED ORGANIZATION. PASADENA DELTA FOUNDATION MAINTAINS AN AGENCY RELATIONSHIP WITH THE PASADENA COMMUNITY FOUNDATION AND THE 2021 TAX RETURNS (FORM 990-PF) AS ORIGINALLY FILED INCORRECTLY INCLUDED INCOME AND GAINS/LOSSES RELATED TO THE AGENCY RELATIONSHIP AND INCORRECTLY RESULTED IN THE ORGANIZATIONS'S FAILURE TO PASS THE PUBLIC SUPPORT TEST. THESE AGENCY RELATED INCOME AND GAINS/LOSS AMOUNT SHOULD NOT HAVE BEEN INCLUDED IN THE ORIGINALLY FILED RETURNS AND HAVE BEEN CORRECTED WITH THE AMENDED RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Amended Explanation
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IRS990/TotalFunctionalExpensesGrp/TotalAmt017545
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