Farragut Drive Elementary PTA

990EZ • Fiscal year 2023 • EIN 95-6204383

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

Organization Profile N/A

10820 Farragut DriveCulver City, CA 90230

(850) 294-7794

Siviq Scores

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

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

-12%

Higher net margin than 25% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

-19%

Faster asset growth than 24% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

-1.3%

Faster revenue growth than 42% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets58th percentile

Assets

Down

$41,188

Down $9,975 (-19%) from 2022

Net Assets

Down

$41,188

Down $9,975 (-19%) from 2022

Liabilities

Flat

Flat from 2022

Revenue And Expenses

Liabilities / Revenue59th percentile Net Margin25th percentile

Revenue

Down

$66,591

Down $873 (-1.3%) from 2022

Expenses

$74,594

Up $25,622 (+52%) from 2022

Net Income

Down

-$8,003

Down $26,495 (-143%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

Highlighted filing

2023

Assets$41,188

Liabilities$0

Net Assets$41,188

Open 2023 Filing

Operations Trend

Revenue Growth42nd percentile

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

Highlighted filing

2023

Revenue$66,591

Expenses$74,594

Net Income-$8,003

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2022 to Jun 30, 2023
Signed: Dec 15, 2023
Return Version: 2022v5.0
Gross Receipts: $66,591

Mission and Program Overview

Mission

Organization is a local school's Parent-Teacher Association, promoting the welfare& education of students throughout the community

Local schools parent-teacher association

Program Services

Description	Grants	Expenses
CLASSROOM VOUCHERS TO COVER SCHOOL SUPPLIES FOR STUDENTS AND TEACHERS	-	$21,375
FIELD TRIPS FOR EDUCATIONAL ENHANCEMENT & ENRICHMENT	-	-
ASSEMBLIES TO PROVIDE EDUCATIONAL ENRICHMENT ANDENHANCEMENT	-	-

Compensation and Service Providers

Top Officer Pay78th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
CATHERINE T BRESEE	Treasurer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Farragut Drive Elementary Pta
EIN: 95-6204383
Address: 10820 FARRAGUT DRIVE, CULVER CITY, CA 90230

Signing Officer

Name: Catherine T Bresee
Title: Treasurer
Phone: 3105292003
Signed: 2023-12-15
Discuss with paid preparer: Yes

Preparer

Firm: Financial Management Systems Inc
Address: 10727 JEFFERSON BLVD, Culver City, CA 90230
Preparer: David J Blumin
Phone: 3102871004

Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description amountmabels labels 74other 381”

Description of other expenses Part I line 16

“Description amountcontributions 3,000total faculty & volunteers 6,778pta babysitting night meetings 200officer fees 61student parent programs 20,409hospitality 597insurance 272teacher supplies 11,662supply vouchers 2,935new teacher vouchers 500yearbook 86restaurant 449fall event 9,473winter event 4,745book fair 1,658popsicle 527sees 3,408food 270bank charges 121licensing 460fees 50bookeeping software 179professional fees 500student planners 966bills 3,207non association expenses 2,081”

Other changes in net assets or fund balances Part I line 20

“Description amountprior year adjustment (1,972)”

Description of other assets Part II line 24

“Category beginning of year end of yearloan out 2,091 0”

Raw XML Appendix137 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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IRS990EZ/BooksInCareOfDetail/PersonNm	0	CATHERINE T BRESEE
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	8502947794
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	10820 FARRAGUT DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	CULVER CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	90230
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	49072
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	41188
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-8003
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	51163
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	41188
IRS990EZ/GrossReceiptsAmt	0	66591
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	7836
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	51163
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	41188
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	51163
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	41188
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	CATHERINE T BRESEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	TREASURER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	2091
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	-1972
IRS990EZ/OtherExpensesTotalAmt	0	74594
IRS990EZ/OtherRevenueTotalAmt	0	455
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	LOCAL SCHOOLS PARENT-TEACHER ASSOCIATION
IRS990EZ/ProgramServiceRevenueAmt	0	58300
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	CLASSROOM VOUCHERS TO COVER SCHOOL SUPPLIES FOR STUDENTS AND TEACHERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	FIELD TRIPS FOR EDUCATIONAL ENHANCEMENT & ENRICHMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	2	ASSEMBLIES TO PROVIDE EDUCATIONAL ENRICHMENT ANDENHANCEMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	21375
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	74594
IRS990EZ/TotalProgramServiceExpensesAmt	0	21375
IRS990EZ/TotalRevenueAmt	0	66591
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationAssocInd	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	9634
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	5049
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	17415
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	8318
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	40416
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	67464
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	51191
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	48973
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	61302
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	228930
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	269346
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	77098
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	56240
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	66388
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	69620
IRS990ScheduleA/Total509Grp/TotalAmt	0	269346
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	77098
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	56240
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	66388
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	69620
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	269346
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION AMOUNTMABELS LABELS 74OTHER 381
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION AMOUNTCONTRIBUTIONS 3,000TOTAL FACULTY & VOLUNTEERS 6,778PTA BABYSITTING NIGHT MEETINGS 200OFFICER FEES 61STUDENT PARENT PROGRAMS 20,409HOSPITALITY 597INSURANCE 272TEACHER SUPPLIES 11,662SUPPLY VOUCHERS 2,935NEW TEACHER VOUCHERS 500YEARBOOK 86RESTAURANT 449FALL EVENT 9,473WINTER EVENT 4,745BOOK FAIR 1,658POPSICLE 527SEES 3,408FOOD 270BANK CHARGES 121LICENSING 460FEES 50BOOKEEPING SOFTWARE 179PROFESSIONAL FEES 500STUDENT PLANNERS 966BILLS 3,207NON ASSOCIATION EXPENSES 2,081
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION AMOUNTPRIOR YEAR ADJUSTMENT (1,972)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	CATEGORY BEGINNING OF YEAR END OF YEARLOAN OUT 2,091 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Description of other assets Part II line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd	0	00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	0
ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	CATHERINE T BRESEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	3105292003
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2023-12-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	FARRAGUT DRIVE ELEMENTARY PTA
ReturnHeader/Filer/BusinessNameControlTxt	0	FARR
ReturnHeader/Filer/EIN	0	956204383
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	10820 FARRAGUT DRIVE
ReturnHeader/Filer/USAddress/CityNm	0	CULVER CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	CA
ReturnHeader/Filer/USAddress/ZIPCd	0	90230
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	954116782
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Financial Management Systems Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	10727 JEFFERSON BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Culver City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	90230
ReturnHeader/PreparerPersonGrp/PhoneNum	0	3102871004
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2023-12-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	DAVID J BLUMIN
ReturnHeader/ReturnTs	0	2023-12-13T13:49:09-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	CATHERINE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	BRESEE
ReturnHeader/TaxPeriodBeginDt	0	2022-07-01
ReturnHeader/TaxPeriodEndDt	0	2023-06-30
ReturnHeader/TaxYr	0	2022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $41,188
Liabilities: $0
Net assets: $41,188
Revenue: $66,591
Expenses: $74,594
Net income: -$8,003

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$33.1	$0.00	$33.1	$78.7	$70.6	$8.04
2024Detailed filing. Detailed filing data is available for this year.	$25.0	$0.00	$25.0	$61.9	$80.9	$18.9
2023Detailed filing. Detailed filing data is available for this year.	$41.2	$0.00	$41.2	$66.6	$74.6	$8.00
2022Detailed filing. Detailed filing data is available for this year.	$51.2	$0.00	$51.2	$67.5	$49.0	$18.5
2020Detailed filing. Detailed filing data is available for this year.	$23.6	$0.00	$23.6	$45.1	$41.6	$3.53
2019Detailed filing. Detailed filing data is available for this year.	$17.8		$17.8	$45.3	$44.0	$1.33
2018Detailed filing. Detailed filing data is available for this year.	$16.4		$16.4	$40.1	$50.6	$10.5
2017Detailed filing. Detailed filing data is available for this year.	$26.9		$26.9	$42.0	$55.8	$13.7
2016Detailed filing. Detailed filing data is available for this year.	$40.6		$40.6	$41.1	$47.5	$6.39
2015Summary only. Only limited summary data is available for this year.	$54.2	$0.00		$56.8	$55.1	$1.76
2014Detailed filing. Detailed filing data is available for this year.	$62.8	$0.00	$62.8	$48.1	$58.0	$9.89
2013Summary only. Only limited summary data is available for this year.	$72.7	$0.00		$47.3	$47.5	$0.22
2012Summary only. Only limited summary data is available for this year.	$73.0	$0.00		$45.3	$35.1	$10.2