Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
First School Financial Aid Trust
EIN 95-7092089 • 501(c)3 • Santa Monica, CA
Profile
To provide scholarships to children to attend preschool.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
49th percentile
Higher net margin than 49% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
55th percentile
Faster asset growth than 55% of similar nonprofits.
Revenue Growth
24th percentile
Faster revenue growth than 24% of similar nonprofits.
Balance Sheet
Assets
Up$338,868
Up $1,312 (+0.4%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$338,868
Up $1,312 (+0.4%) from 2023
Revenue
Down$107,777
Down $53,872 (-33%) from 2023
Expenses
Up$106,465
Up $18,073 (+20%) from 2023
Net Income
Down$1,312
Down $71,945 (-98%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $338,868
- Liabilities
- -
- Net assets
- $338,868
- Revenue
- $107,777
- Expenses
- $106,465
- Net income
- $1,312
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 12, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $117,112
Mission and Program Overview
Mission
To provide scholarships to children to attend preschool.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The First School Financial Aid Trust achieved its goal in providing a vast number of scholarships for children to attend an early childhood school in Santa Monica,CA. Without the financial assistance of the Fund, the donee families would be financially unable to provide for their children's attendance at the First School. Twelve grants were made to qualifying parents during calendar year 2024. | - | $1,740 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Kim Israel | Trustee | - | $0 | - | - |
| Kristyn Romans | Trustee | - | $0 | - | - |
| Debra Sunshine | Trustee | - | $0 | - | - |
| Clarissa Hoffman | Trustee | - | $0 | - | - |
| Catherine Myman-Kaplan | Trustee | - | $0 | - | - |
| Sarah Bromell | Trustee | - | $0 | - | - |
| Katie Rivera | Treasurer | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Misc. Fundraising | $89,937 | $89,937 | - | $89,937 |
| Annual Fundraiser Dinner | $26,140 | $26,140 | - | $26,140 |
| Total Events | $116,077 | $116,077 | $9,335 | $106,742 |
Filing and Contact Details
Filer
- Filer Name
- First School Financial Aid Trust
- EIN
- 95-7092089
- Phone
- 3107747116
- Address
- 731 Pine St, Santa Monica, CA 90405
Signing Officer
- Name
- Kim Israel
- Title
- Trustee
- Signed
- 2025-11-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Charles J Marcus CPA
- Address
- 825 Wilshire Blvd 719, Santa Monica, CA 90401
- Preparer
- Charles Marcus
- Phone
- 4247447356
Supplemental Narrative
Additional Explanations
Grants and Similar Amounts Paid In Excess of $5,000.1
“| Donee's Name: Naima White | Donee's Address: 447 1/2 S. Ogden Los Angeles CA 90036 | Cash Amount Given: $12850”
Grants and Similar Amounts Paid In Excess of $5,000.5
“| Donee's Name: Thiago Bove | Donee's Address: 4111 Via Marina B305 Marina Del Rey CA 90292 | Cash Amount Given: $24200”
Grants and Similar Amounts Paid In Excess of $5,000.10
“| Donee's Name: Kim Dossett | Donee's Address: 12813 Stanwood Los Angeles CA 90066 | Cash Amount Given: $17000”
Grants and Similar Amounts Paid In Excess of $5,000.11
“| Donee's Name: Karen Perez | Donee's Address: 11724 Daleside Ave Hawthorne CA 90250 | Cash Amount Given: $10200”
Grants and Similar Amounts Paid In Excess of $5,000.13
“| Donee's Name: Amanda Schaap | Donee's Address: 11400 National Los Angeles CA 90064 | Cash Amount Given: $7925”
Grants and Similar Amounts Paid In Excess of $5,000.14
“| Donee's Name: Kendra Elstad | Donee's Address: 403 San Vicente Santa Monica CA 90402 | Cash Amount Given: $8500”
Grants and Similar Amounts Paid In Excess of $5,000.15
“| Donee's Name: Nergui Anujin | Donee's Address: 12017 Goshen Los Angeles CA 90049 | Cash Amount Given: $18625”
Other Expenses.1002
“Office Expenses $140”
Other Assets.1
“Deposits - Beginning $2500 Deposits - Ending $2500”
Statement Note 1
“Statement of special events:A) Annual Fundraiser Dinner: The organization's main event consisting of dinner, music, entertainment, and an auction of goods and services. This event is the main source of the organization's scholarship funds.Financial Summary:Gross Receipts $26,140Direct Expenses $9,935”
Raw XML Appendix201 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/OrganizationHadUBIInd | 0 | false |
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To provide scholarships to children to attend preschool. |
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| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
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| IRS990EZ/TransactionWithControlEntInd | 0 | false |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Donee's Name: Naima White | Donee's Address: 447 1/2 S. Ogden Los Angeles CA 90036 | Cash Amount Given: $12850 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Donee's Name: Thiago Bove | Donee's Address: 4111 Via Marina B305 Marina Del Rey CA 90292 | Cash Amount Given: $24200 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Donee's Name: Kim Dossett | Donee's Address: 12813 Stanwood Los Angeles CA 90066 | Cash Amount Given: $17000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | | Donee's Name: Karen Perez | Donee's Address: 11724 Daleside Ave Hawthorne CA 90250 | Cash Amount Given: $10200 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | | Donee's Name: Amanda Schaap | Donee's Address: 11400 National Los Angeles CA 90064 | Cash Amount Given: $7925 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | | Donee's Name: Kendra Elstad | Donee's Address: 403 San Vicente Santa Monica CA 90402 | Cash Amount Given: $8500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | | Donee's Name: Nergui Anujin | Donee's Address: 12017 Goshen Los Angeles CA 90049 | Cash Amount Given: $18625 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Office Expenses $140 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Deposits - Beginning $2500 Deposits - Ending $2500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Statement of special events:A) Annual Fundraiser Dinner: The organization's main event consisting of dinner, music, entertainment, and an auction of goods and services. This event is the main source of the organization's scholarship funds.Financial Summary:Gross Receipts $26,140Direct Expenses $9,935 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Grants and Similar Amounts Paid In Excess of $5,000.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Grants and Similar Amounts Paid In Excess of $5,000.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Grants and Similar Amounts Paid In Excess of $5,000.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Grants and Similar Amounts Paid In Excess of $5,000.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Grants and Similar Amounts Paid In Excess of $5,000.13 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Grants and Similar Amounts Paid In Excess of $5,000.14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Grants and Similar Amounts Paid In Excess of $5,000.15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Statement Note 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Kim Israel |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Trustee |
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| ReturnHeader/Filer/EIN | 0 | 957092089 |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Santa Monica |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 90401 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4247447356 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CHARLES MARCUS |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-11-12T11:39:07-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.