Escondido Union School District School Facilities Corporation

Organization Overview

Escondido Union School District School Facilities Corporation is located in Escondido, CA. The organization was established in 1993. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, 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. Escondido Union School District School Facilities Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 06/2021, Escondido Union School District School Facilities Corporation generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (32.4%) each year. All expenses for the organization totaled $1.6m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (33.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CORPORATION EXISTS TO FACILITATE CERTIFICATE OF PARTICIPATION (COP) FINANCING TO SUPPORT THE ESCONDIDO UNION SCHOOL DISTRICT. THE MISSION IS TO ASSIST THE DISTRICT IN FINANCING TRANSACTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

1998 AND 2015 CERTIFICATE OF PARTICIPATIONS FINANCING ACTIVITIES. FUNDS FROM THE COPS WERE USED TO BUILD AND IMPROVE SCHOOL BUILDINGS IN THE ESCONDITO UNION ELEMENTARY SCHOOL DISTRICT. ALL EXPENDITURES OF THE CORPORATION WERE MADE IN ACCORDANCE WITH THE BOND MEASURES.


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Board, Officers & Key Employees

Name (title)Compensation
Roy Frank Huston
Secretary
$0
Mark Olson
Vice President
$0
Georgine Tomasi
President
$0
Joan Gardner
Member
$0
Doug Paulson
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,633,454
Investment income $41
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,633,495

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Escondido Union School District School Facilities Corporation has recieved totaling $91,800.

Awarding OrganizationAmount
Star Rock Ministries

San Clemente, CA

PURPOSE: Public Support

$91,800
View Grant Recipient Profile

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