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← FOUNDATION FOR CLOVIS SCHOOLS

Form 990 for tax year 2023

Filed by FOUNDATION FOR CLOVIS SCHOOLS.

Totals

Total revenue
$859,683
Total expenses
$443,437
Contributions and grants received
$566,200
Grants paid
$308,320
Program service revenue
$0
Investment income
$163,852
Other revenue
$129,631
Total assets, end of year
$8,742,222
Total liabilities, end of year
$817,902
Net assets or fund balances, end of year
$7,924,320
Program services expenses (Part IX)
$399,362
Management and general expenses
$32,944
Fundraising expenses
$11,131
Program service expenses (Part III)
$399,362

Program services were 90.1% 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

    $566,200

  • 3 · Investment income

    total $189,299 · related or exempt $189,299

  • 7a · Gross sales of assets other than inventory

    securities $4,982,288

  • 7b · Less cost or other basis and sales expenses

    securities $5,007,735

  • 7c · Gain or loss

    securities -$25,447

  • 7d · Net gain or loss

    total -$25,447 · related or exempt -$25,447

  • 8a · Fundraising events: gross income

    $201,058

  • 8b · Fundraising events: direct expenses

    $71,427

  • 8c · Net income from fundraising events

    total $129,631 · excluded $129,631

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $239,520 · program services $239,520

  • 2 · Grants to domestic individuals

    total $68,800 · program services $68,800

  • 24a · Other expenses: DOC B LEADERSHIP ACADEM

    total $91,042 · program services $91,042

  • 24b · Other expenses: ACCOUNTING SERVICES

    total $17,500 · management and general $17,500

  • 24c · Other expenses: DONOR CULTIVATION RECOG

    total $11,131 · fundraising $11,131

  • 24d · Other expenses: MISCELLANEOUS EXPENSES

    total $10,576 · management and general $10,576

  • 24e · All other expenses

    total $4,868 · management and general $4,868

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $928,254 · end of year $1,225,412

  • 3 · Pledges and grants receivable

    beginning of year $7,990 · end of year $19,714

  • 9 · Prepaid expenses and deferred charges

    beginning of year $431 · end of year $576

  • 12 · Investments: other securities

    beginning of year $6,945,331 · end of year $7,350,107

  • 15 · Other assets

    beginning of year $109,588 · end of year $146,413

  • 17 · Accounts payable and accrued expenses

    beginning of year $65,974 · end of year $37,072

  • 18 · Grants payable

    beginning of year $397,143 · end of year $416,988

  • 25 · Other liabilities

    beginning of year $85,987 · end of year $363,842

  • 27 · Net assets without donor restrictions

    beginning of year $6,885,361 · end of year $7,335,681

  • 28 · Net assets with donor restrictions

    beginning of year $557,129 · end of year $588,639

Mission and programs · 2023

Mission

TO HELP STUDENTS CONTINUALLY IMPROVE ACADEMIC AND PERSONAL ACHEIVEMENT BY PROVIDING FUNDING FOR INNOVATIVE CLASSROOM IDEAS AND EDUCATIONAL PROGRAMS THAT STIMULATE AND ENCOURAGE STUDENTS TO AIM HIGH.

  • THE FOUNDATION IN JOINT EFFORTS WITH THE LOCAL COMMUNITY RAISED FUNDS TO SUPPORT THE STUDENTS OF PROMISE SCHOLARSHIP PROGRAM. THE STUDENTS OF PROMISE PROGRAM RECOGNIZES HIGH SCHOOL JUNIORS WHO ARE SUCCEEDING IN SCHOOL IN SPITE OF EXTREME OBSTACLES. SOME CHALLENGES THESE STUDENTS FACE ARE HOMELESSNESS, CRITICAL ILLNESS, LOSS OF PARENTS, FOSTER CARE, AND ABUSE. UPON GRADUATION FROM HIGH SCHOOL, STUDENTS ARE ELIGIBLE TO RECEIVE $2,000 SCHOLARSHIPS FOR USE IN POST-SECONDARY EDUCATION.

    Expenses $32,000 · Grants $32,000

  • THE FOUNDATION IN JOINT EFFORTS WITH THE LOCAL COMMUNITY RAISED FUNDS TO PROVIDE GRANTS TO LOCAL ELEMENTARY AND HIGH SCHOOLS IN THE CLOVIS UNIFIED SCHOOL DISTRICT. MANY SCHOOLS IN THE CLOVIS UNIFIED SCHOOL DISTRICT WOULD LIKE TO IMPLEMENT SPECIAL PROGRAMS AS PART OF THEIR CURRICULUM TO BETTER SERVICE THEIR STUDENTS; HOWEVER, THE SCHOOLS DO NOT HAVE THE FUNDING TO DO SO. THESE PROGRAMS INCLUDE CAREER/COLLEGE CENTERS, READING PROGRAMS, MUSIC LABS, ETC. THE FOUNDATION PROVIDES GRANTS TO LOCAL ELEMENTARY AND HIGH SCHOOLS TO FUND THESE PROGRAMS.

    Expenses $122,174 · Grants $122,174

  • THE DOC B LEADERSHIP ACADEMY IS A LEADERSHIP DEVELOPMENT PROGRAM THAT WILL MAINTAIN THE LONG-STANDING AND UNIQUE PHILOSOPHIES THAT HAVE SUPPORTED THE DISTRICT'S SUCCESS OVER TIME. THE ACADEMY WILL GIVE THE DISTRICT A PERMANENT VENUE IN WHICH EMERGING LEADERS ARE TRAINED AND MENTORED IN THE DECISION-MAKING PRINCIPLES THAT HAVE SHAPED THE CLOVIS UNIFIED SCHOOL DISTRICT'S STUDENT-CENTERED FOCUS AND HIGH STANDARDS OF ACHIEVEMENT. AS A RESULT, TEACHERS, STUDENTS AND THE COMMUNITY FLOURISH.

    Expenses $91,042

  • VARIOUS GRANTS AND SUPPORT OF CLOVIS UNIFIED SCHOOL DISTRICT ACTIVITIES, INCLUDING HEALTH AND WELLNESS GRANTS AND GRANTS FOR NEW TEACHERS PROGRAM.

    Expenses $154,146 · Grants $154,146

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeff Markarian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Dianne Nury

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Pat V Ricchiuti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Robert Gousse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Mike Fennacy

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    3

  • Wes Qualls

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Joshua Phanco

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Todd Cook

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    3

  • Doug Benik

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Adam Holt

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Matt James

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Jimmy Dunn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • James Bitter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Joshua Peterson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Shannon Ulrich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Des Haus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

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

  • CLOVIS UNIFIED - SOCIAL EMOTIONAL WELLNESS AND OTHER GRANTS

    $0

    GRANTS FOR HEALTH, FITNESS AND SOCIAL EMOTIONAL WELLNESS PROGRAMS

  • CLOVIS UNIFIED - PROGRAM - CLASSROOM GRANTS

    $0

    CLASSROOM GRANTS PROVIDE INNOVATIVE AND CREATIVE EDUCATIONAL EXPERIENCES WHICH HELP STUDENTS SUCCEED ACADEMICALLY AND PERSONALLY.

  • CLOVIS UNIFIED - HEALTH CENTER GRANT

    $0

    GRANT FOR HEALTH CENTER

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202531359349311058

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