Alliant Educational Foundation
- Assets
- $53.2m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 3
- Location
- San Diego, CA
- Founding
- 12/2003
- Data as of
- 06/2020
- EIN
- 54-2110067
Organization Overview
Alliant Educational Foundation is located in San Diego, CA. The organization was established in 2003. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, Alliant Educational Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Alliant Educational Foundation generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $3.1m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE PREPARATION OF STUDENTS FOR PROFESSIONAL CAREERS OF SERVICE AND LEADERSHIP, WHILE PROMOTING THE DISCOVERY AND APPLICATION OF KNOWLEDGE TO IMPROVE THE LIVES OF PEOPLE IN DIVERSE CULTURES AND COMMUNITIES AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLIANT EDUCATIONAL FOUNDATION (AEF) IS A NONPROFIT PUBLIC BENEFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF CALIFORNIA. DURING THE PAST YEAR AEF HAS ADMINISTERED AND DISTRIBUTED SCHOLARSHIP FUNDING FOR 549 STUDENTS AT ALLIANT INTERNATIONAL UNIVERSITY TO ASSIST WITH THE SUCCESSFUL PROGRESSION THROUGH THEIR ACADEMIC PROGRAMS. AEF HAS ALSO PROVIDED OVERSIGHT AND ADMINISTRATION OF BOTH LARGE AND SMALL GOVERNMENT GRANTS AND CONTRACTS DESIGNED TO PROMOTE AND ENHANCE ACADEMIC RESEARCH BY THE FACULTY OF FIVE DIFFERENT CAMPUSES OF ALLIANT INTERNATIONAL UNIVERSITY.
THE FOUNDATION IS HELPING ALLIANT FUND A NEW PROJECT AIMED AT ADDRESSING THE TEACHER SHORTAGE IN UNDERSERVED COMMUNITIES (BOTH URBAN AND RURAL) OUTSIDE OF CALIFORNIA. BEGINNING IN ARIZONA, THE FOUNDATION HAS FUNDED START-UP COSTS FOR THE TEACHER CREDENTIALING PROGRAM WITHIN ALLIANT'S SCHOOL OF EDUCATION. THIS WILL ENABLE INCOMING STUDENTS WHO ALREADY HAVE BACHELOR'S DEGREES TO WORK FOR UNDERSERVED SCHOOL DISTRICTS WHILE SIMULTANEOUSLY EARNING A TEACHING CREDENTIAL.
AS PART OF A NEW PILOT PROJECT TO FOSTER INNOVATIVE PROGRAMS, RESEARCH, PUBLICATIONS, AND/OR ENHANCEMENTS WITHIN THE ALLIANT SYSTEM, THE FOUNDATION LAUNCHED A 2019 PROGRAM OFFERING ONE-TIME FUNDING FOR NEW INITIATIVES PROPOSED AND LED BY CURRENT FACULTY AND STAFF. THIS INVESTMENT WAS FOR ONE-TIME "SEED" FUNDING TO HELP LAUNCH NEW VENTURES AND WAS AVAILABLE ACROSS THE ALLIANT SYSTEM TO ALL CAMPUS LOCATIONS AND ANY SCHOOL OR DEPARTMENT WITHIN THE SYSTEM.
THIS PROGRAM WILL HELP PLACE PRACTICUM STUDENTS FROM ALLIANT'S CALIFORNIA SCHOOL OF PROFESSIONAL PSYCHOLOGY (CSPP) INTO NON-PROFIT SITES THAT HAVE IDENTIFIED THE NEED FOR MENTAL HEALTH SUPPORT. THE FOUNDATION AIMS TO BUILD MORE BRIDGES BETWEEN ALLIANT/CSPP AND THESE NEW NON-PROFIT ENTITIES AND HELP FUND THE CLINICAL SUPERVISION NEEDED FOR THESE GRADUATE STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mvalin Brown CEO | Officer | 40 | $171,000 |
Sue Ammen Board Trustee | Trustee | 0 | $0 |
Connell Persico Board Trustee | Trustee | 0 | $0 |
Mike Pittenger Board Trustee | Trustee | 0 | $0 |
James T Cois Board Trustee | Trustee | 0 | $0 |
Joyce L Berenstein Board Trustee | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Xuesong Sheng Commissions | 6/29/15 | $113,159 |
Moss Adams Llp Auditors | 6/29/15 | $248,024 |
Merchants Building Maintenance Building Maintenance | 6/29/15 | $227,286 |
Paul Plevin Sullivan Legal Services | 6/29/15 | $177,703 |
Hanson Bridgett Llp Legal Services | 6/29/15 | $207,731 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $171,874 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,257,075 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,428,949 |
| Total Program Service Revenue | $0 |
| Investment income | $263,550 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $393,878 |
| Net Gain/Loss on Asset Sales | $500,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,586,377 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000,000 |
| Grants and other assistance to domestic individuals. | $99,828 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,128,800 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $190,900 |
| Compensation of current officers, directors, key employees. | $190,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $64,107 |
| Pension plan accruals and contributions | $9,844 |
| Other employee benefits | $25,919 |
| Payroll taxes | $17,954 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $43,164 |
| Fees for services: Accounting | $64,501 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,725 |
| Advertising and promotion | $23,451 |
| Office expenses | $12,483 |
| Information technology | $10,687 |
| Royalties | $0 |
| Occupancy | $27,549 |
| Travel | $12,821 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $71,619 |
| All other expenses | $29,025 |
| Total functional expenses | $3,134,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,044,046 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,046 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $167,917 |
| Net Land, buildings, and equipment | $34,161,459 |
| Investments—publicly traded securities | $17,766,179 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $53,165,647 |
| Accounts payable and accrued expenses | $2,178,768 |
| Grants payable | $0 |
| Deferred revenue | $15,384 |
| 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 | $721,122 |
| Total liabilities | $2,915,274 |
| Net assets without donor restrictions | $42,618,545 |
| Net assets with donor restrictions | $7,631,828 |
| 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 | $53,165,647 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alliant Educational Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Sierra Health Foundation Center For Health Program Management Sacramento, CA PURPOSE: SJVHF IHEEL - ADDRESSING MENTAL HEALTH DISPARITIES IN THE SAN JOAQUIN VALLEY | $10,000 |
Endowment Analysis
| Beg. Balance | $4,266,410 |
| Net Contributions | $5,582,291 |
| Other Expense | $2,216,873 |
| Ending Balance | $7,631,828 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Oregon Bookstore Inc Eugene, OR | $12,427,548 | $16,725,239 |
National University Of Natural Medicine Portland, OR | $25,688,648 | $20,204,653 |
Warner Pacific University Portland, OR | $32,436,342 | $17,301,001 |
John F Kennedy University Pleasant Hill, CA | $21,257,751 | $18,517,005 |
Campus Research Corporation Tucson, AZ | $45,214,446 | $15,415,451 |
California State University East Bay Foundation Inc Hayward, CA | $28,615,758 | $13,457,342 |
International Technological University Foundation Santa Clara, CA | $6,167,910 | $6,823,915 |
Sonoma State Enterprises Inc Rohnert Park, CA | $12,841,699 | $9,321,158 |
University Union Operation Of Ca State Univ Sacramento Sacramento, CA | $20,470,460 | $14,261,378 |
Humboldt State University Center Board Of Director Arcata, CA | $13,897,842 | $8,024,731 |
John Paul The Great Catholic University Escondido, CA | $9,814,132 | $8,425,507 |
University Of The West Rosemead, CA | $32,158,290 | $8,540,405 |