Abc Unified School District Education Foundation
- Assets
- $120.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cerritos, CA
- Founding
- 06/2011
- Data as of
- 12/2021
- EIN
- 27-5388922
Organization Overview
Abc Unified School District Education Foundation is located in Cerritos, CA. The organization was established in 2011. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abc Unified School District Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Abc Unified School District Education Foundation generated $34.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $9.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO HELP EVERY ABCUSD STUDENT AND EVERY ABCUSD SCHOOL SUCCEED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Summers President | 0 | $0 | |
Jenny Chan Treasurer | 0 | $0 | |
Laura Lowe Secretary | 0 | $0 | |
Joseph E Porter III Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,632 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $55 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,155 |
| Other Revenue | $0 |
| Total Revenue | $34,532 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $963 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,484 |
| Total expenses | $9,077 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,938 |
| Other assets | $0 |
| Total assets | $120,938 |
| Total liabilities | $0 |
| Net assets or fund balances | $120,938 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Abc Unified School District Education Foundation has recieved totaling $11,959.
| Awarding Organization | Amount |
|---|---|
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $7,500 |
Open Stewardship Foundation Los Angeles, CA PURPOSE: SCHOOL BACKPACK DRIVE / MINI GRANT PROGRAM | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,459 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Parasol Tahoe Community Foundation Inc Incline Village, NV | $97,913,034 | $15,633,796 |
Davidson Institute For Talent Development Incline Village, NV | $2,040,449 | $8,109,259 |
Pueblo Nuevo Education And Development Group Los Angeles, CA | $12,032,883 | $8,677,303 |
Silicon Schools Fund Inc Oakland, CA | $28,590,142 | $9,890,035 |
Alliance College-Ready Public Schools Foundation Los Angeles, CA | $1,948,564 | $6,883,984 |
Stem Next Opportunity Fund San Diego, CA | $10,305,213 | $10,913,896 |
Julia Burke Foundation San Francisco, CA | $10,173,958 | $4,976,202 |
James Megellas Foundation Inc Scottsdale, AZ | $68,107,616 | $5,113,659 |
Rsf Social Investment Fund Inc San Francisco, CA | $183,234,866 | $6,180,684 |
Napa Institute Support Foundation Irvine, CA | $19,458,182 | $17,196,018 |
Orange Schools Financing Corporation Orange, CA | $21,811,397 | $4,509,507 |
Herbst Foundation Inc Walnut Creek, CA | $62,095,126 | $6,418,341 |