Skip to content
Nonprofiteer
← KLCS EDUCATION FOUNDATION

Form 990 for tax year 2023

Filed by KLCS EDUCATION FOUNDATION.

Totals

Total revenue
$506,352
Total expenses
$236,358
Contributions and grants received
$360,542
Grants paid
$0
Program service revenue
$0
Investment income
$70,985
Other revenue
$74,825
Total assets, end of year
$2,213,632
Total liabilities, end of year
$5,534
Net assets or fund balances, end of year
$2,208,098
Program services expenses (Part IX)
$198,237
Management and general expenses
$38,121
Fundraising expenses
$0
Program service expenses (Part III)
$198,237

Program services were 83.9% 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.

  • 1b · Membership dues

    $104,792

  • 1f · All other contributions, gifts and grants

    $255,750

  • 3 · Investment income

    total $70,985 · excluded $70,985

  • 6a · Gross rents

    real property $74,825

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $74,825

  • 6d · Net rental income or loss

    total $74,825 · excluded $74,825

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $4,007 · management and general $4,007

  • 11c · Fees: accounting

    total $3,254 · management and general $3,254

  • 11g · Fees: other

    total $183,960 · program services $183,510 · management and general $450

  • 12 · Advertising and promotion

    total $10,410 · management and general $10,410

  • 13 · Office expenses

    total $2,132 · management and general $2,132

  • 14 · Information technology

    total $5,353 · program services $480 · management and general $4,873

  • 17 · Travel

    total $340 · management and general $340

  • 19 · Conferences, conventions and meetings

    total $7,850 · management and general $7,850

  • 24a · Other expenses: PREMIUMS AND FULFILLMEN

    total $6,870 · program services $6,870

  • 24b · Other expenses: PRODUCTION EXPENSES

    total $4,635 · program services $4,635

  • 24c · Other expenses: GENERAL AND ADMINISTRAT

    total $2,832 · management and general $2,832

  • 24d · Other expenses: DEVELOPMENT AND PROMOTI

    total $2,742 · program services $2,742

  • 24e · All other expenses

    total $1,973 · management and general $1,973

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $448,262 · end of year $463,877

  • 2 · Savings and temporary cash investments

    beginning of year $1,500,000 · end of year $1,749,755

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,189 · end of year $5,534

  • 27 · Net assets without donor restrictions

    beginning of year $1,938,073 · end of year $2,208,098

Mission and programs · 2023

Mission

TO SECURE PRIVATE FUNDS TO ENHANCE THE SERVICES AND AWARENESS OF PUBLIC TELEVISION SERVICES OFFERED BY KLCS-TV.

  • TO SECURE PRIVATE FUNDS TO ENHANCE THE SERVICES AND AWARENESS OF PUBLIC TELEVISION SERVICES OFFERED BY KLCS-TV.

    Expenses $198,237

As filed on the 2023 return.

Listed in Part VII

  • Polo Munoz

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Hall Davidson

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jaime Jimenez

    PRESIDENT

    Total calculated
    $270,286
    From this org
    $0
    From related orgs
    $197,809
    Other
    $72,477
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $197,809 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $37,771 related
    Nontaxable benefits
    $0 + $34,706 related
    Filer's total
    $0 + $270,286 related

  • Jorge Briseno

    VP AND SECRETARY

    Total calculated
    $213,337
    From this org
    $0
    From related orgs
    $157,791
    Other
    $55,546
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $157,791 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $30,138 related
    Nontaxable benefits
    $0 + $25,408 related
    Filer's total
    $0 + $213,337 related

  • Pia Escudero

    DIRECTOR AS OF 6/11/2024

    Total calculated
    $0
    Hours/week
    1

  • Esther Soliman

    DIRECTOR AS OF 6/11/2024

    Total calculated
    $0
    Hours/week
    1

  • Charlie Chi

    TREASURER

    Total calculated
    $175,860
    From this org
    $0
    From related orgs
    $115,588
    Other
    $60,272
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $115,588 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $32,061 related
    Nontaxable benefits
    $0 + $28,211 related
    Filer's total
    $0 + $175,860 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
KLCS EDUCATION FOUNDATION HAS NO PAID CEO/EXECUTIVE DIRECTOR. THE SALARIES ON FORM 990, PART VII ARE FOR THE RELATED ORGANIZATION, THE LOS ANGELES UNIFIED SCHOOL DISTRICT, AND ITS COMPENSATION POLICY STATES, "THE PERSONNEL COMMISSION, CLASSIFICATION AND COMPENSATION BRANCH IS RESPONSIBLE FOR THE CLASSIFICATION OF DISTRICT CLASSIFIED POSITIONS WHICH INCLUDES NON-CERTIFICATED POSITIONS. THE COMMISSION STAFF STUDIES DUTIES AND RESPONSIBILITIES OF CLASSIFIED POSITIONS ESTABLISHED BY THE BOARD OF EDUCATION AND MAKES RECOMMENDATIONS TO THE COMMISSION REGARDING THE PROPER CLASSIFICATION AND COMPENSATION."

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • LOS ANGELES UNIFIED SCHOOL DISTRICT

    LOCAL GOVERNMENT · EDUCATION · CA

Provenance

Return type
form_990
Tax year
2023
Filed
30 April 2025
IRS schema version
2023v6.0
Source object
202521269349300602

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.