Eastlake Educational Foundation
- Assets
- $1.1m
- Revenue
- $326.2k
- Investments
- $980.0k
- Employees
- 3
- Location
- Chula Vista, CA
- Founding
- 10/1995
- Data as of
- 06/2022
- EIN
- 33-0678106
Organization Overview
Eastlake Educational Foundation is located in Chula Vista, CA. The organization was established in 1995. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2022, Eastlake Educational Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastlake Educational 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 06/2022, Eastlake Educational Foundation generated $326.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $281.2k during the year ending 06/2022. While expenses have increased by 2.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Eastlake Educational Foundation has awarded 37 individual grants totaling $754,743. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS ESTABLISHED TO IMPROVE, ENHANCE, AND SUPPORT THE QUALITY OF EDUCATION AMONG THE CHILDREN ATTENDING THE PUBLIC ELEMENTARY, SECONDARY AND HIGH SCHOOLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL EXCELLENCE GRANTS TO SCHOOLS.
25 ACTS OF STEAM AWARDS, STEM, AMBASSADOR & ALUMNI PROGRAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Elefante-Leano President | OfficerTrustee | 2 | $0 |
Ian Burgar Vice President | OfficerTrustee | 2 | $0 |
Rachel Garrett Secretary | OfficerTrustee | 2 | $0 |
Therese Caballes Treasurer | OfficerTrustee | 2 | $0 |
Janet Francis Executive Director | Officer | 40 | $0 |
Camille Bruno Director | Trustee | 2 | $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 | $257,181 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,181 |
| Total Program Service Revenue | $0 |
| Investment income | $69,026 |
| 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 | $326,207 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $110,000 |
| Grants and other assistance to domestic individuals. | $5,240 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $76,947 |
| Compensation of current officers, directors, key employees. | $15,390 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,801 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $735 |
| Payroll taxes | $6,773 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,297 |
| Fees for services: Other | $0 |
| Advertising and promotion | $17,244 |
| Office expenses | $2,813 |
| Information technology | $18,781 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,969 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,530 |
| All other expenses | $0 |
| Total functional expenses | $281,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,180 |
| Savings and temporary cash investments | $23,040 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $463 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $979,988 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,085,671 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,082,341 |
| Net assets with donor restrictions | $3,330 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,085,671 |
Grants Awarded
Over the last fiscal year, Eastlake Educational Foundation has awarded $110,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
EASTLAKE HIGH SCHOOL PURPOSE: ANNUAL GRANT AWARD | $20,000 |
SALT CREEK ELEMENTARY PURPOSE: ANNUAL GRANT AWARD | $15,000 |
ARROYO VISTA ELEMENTARY CHARTER SCHOOL PURPOSE: ANNUAL GRANT AWARD | $15,000 |
EASTLAKE ELEMENTARY PURPOSE: ANNUAL GRANT AWARD | $15,000 |
OLYMPIC VIEW ELEMENTARY PURPOSE: ANNUAL GRANT AWARD | $15,000 |
THURGOOD MARSHALL ELEMENTARY PURPOSE: ANNUAL GRANT AWARD | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Eastlake Educational Foundation has recieved totaling $313.
| Awarding Organization | Amount |
|---|---|
Sempra Energy Foundation San Diego, CA PURPOSE: EDUCATION | $260 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $53 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
System Management Group San Diego, CA | $174,665,064 | $68,599,184 |
American Charter Schools Foundation Phoenix, AZ | $87,939,377 | $45,500,400 |
Salesforce Com Foundation San Francisco, CA | $419,674,142 | $105,083,193 |
Foundation For Grossmont And Cuyamaca Colleges El Cajon, CA | $30,579,750 | $41,100,641 |
Archival Foundation Beverly Hills, CA | $70,496,412 | $21,253,596 |
Provenance Duarte, CA | $16,793,106 | $20,000,682 |
Spark Sf Public Schools San Francisco, CA | $15,254,604 | $27,199,561 |
Great Public Schools Now Los Angeles, CA | $20,013,399 | $15,067,311 |
Institute For Supply Management Inc Tempe, AZ | $18,812,365 | $12,909,076 |
Gladstone Foundation San Francisco, CA | $27,923,141 | $22,078,581 |
George Lucas Educational Foundation San Rafael, CA | $6,425,809 | $14,665,129 |
The Parasol Tahoe Community Foundation Inc Incline Village, NV | $97,913,034 | $15,633,796 |