Form 990 for tax year 2023
Filed by IMPERIAL VALLEY COLLEGE FOUNDATION.
Totals
- Total revenue
- $444,282
- Total expenses
- $564,325
- Contributions and grants received
- $275,674
- Grants paid
- $377,991
- Program service revenue
- $0
- Investment income
- $96,064
- Other revenue
- $72,544
- Total assets, end of year
- $3,189,670
- Total liabilities, end of year
- $2,861
- Net assets or fund balances, end of year
- $3,186,809
- Program services expenses (Part IX)
- $407,631
- Management and general expenses
- $156,694
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $407,631
Program services were 72.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$275,674
-
3 · Investment income
total $74,568 · related or exempt $74,568
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $380,497
-
7b · Less cost or other basis and sales expenses
securities $359,001
-
7c · Gain or loss
securities $21,496
-
7d · Net gain or loss
total $21,496 · related or exempt $21,496
-
8a · Fundraising events: gross income
$107,250
-
8b · Fundraising events: direct expenses
$37,237
-
8c · Net income from fundraising events
total $70,013
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Misc. Reimbursements
total $2,531 · related or exempt $2,531
-
11e · Other revenue, total
$2,531
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $377,991 · program services $377,991
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $47,962 · program services $8,633 · management and general $39,329
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $1,750 · management and general $1,750
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $29,287 · management and general $29,287
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $26,985 · program services $21,007 · management and general $5,978
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $10,020 · management and general $10,020
-
13 · Office expenses
total $1,197 · management and general $1,197
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $25,043 · management and general $25,043
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $5,596 · management and general $5,596
-
24a · Other expenses: Misc. Expense
total $33,109 · management and general $33,109
-
24b · Other expenses: Database Management
total $2,013 · management and general $2,013
-
24c · Other expenses: Copier / Printer
total $1,547 · management and general $1,547
-
24d · Other expenses: Membership Dues
total $695 · management and general $695
-
24e · All other expenses
total $1,130 · management and general $1,130
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $405,938 · end of year $224,493
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $33,122 · end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$15,000
-
10c · Land, buildings and equipment, net
beginning of year $15,000 · end of year $15,000
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $2,679,233 · end of year $2,950,177
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $53,176 · end of year $2,861
-
27 · Net assets without donor restrictions
beginning of year $486,733 · end of year $394,150
-
28 · Net assets with donor restrictions
beginning of year $2,593,384 · end of year $2,792,659
Mission and programs · 2023
Mission
The Foundation is an independent organization operating solely for the benefit of Imperial Valley Community College. The Foundation receives public support for the benefit of the students at the college.
-
Grants, Scholarships, and allocations for the benefit of the students at Imperial Valley Community College.
Expenses $407,631 · Revenue $275,674
As filed on the 2023 return.
Listed in Part VII
-
Monica Rogers
Coordinator
- Total calculated
- $144,435
- From this org
- $0
- From related orgs
- $144,435
- Other
- $0
- Hours/week
- 0 + 40 related
-
Rod Smart
Executive Dir.
- Total calculated
- $123,391
- From this org
- $0
- From related orgs
- $123,391
- Other
- $0
- Hours/week
- 40 + 40 related
-
Sayrs Morris
Director
- Total calculated
- $0
- Hours/week
- 1
-
Victor Jaime
Director
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Espinoza
Director
- Total calculated
- $0
- Hours/week
- 1
-
Karla Sigmond
Director
- Total calculated
- $0
- Hours/week
- 0
-
Celeste Alvarez
Director
- Total calculated
- $0
- Hours/week
- 0
-
Dan Devoy
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mary Lofgren
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mike Kelley
Director
- Total calculated
- $0
- Hours/week
- 1
-
Vince Signorotti
Director
- Total calculated
- $0
- Hours/week
- 1
-
Fidel Gonzalez
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Robert Rubio
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Sean Wilcock
President
- Total calculated
- $0
- Hours/week
- 1
-
Dr Lennor Johnson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dr Daniel Ortiz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Erika Aponte
Director
- Total calculated
- $0
- Hours/week
- 1
-
Fred Miramontes
Vice President
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413029349301156
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.