Form 990 for tax year 2023
Filed by CULVER CITY COMMUNITY SCHOLARSHIP FUND INC.
Totals
- Total revenue
- $153,458
- Total expenses
- $181,496
- Contributions and grants received
- $152,741
- Grants paid
- $181,375
- Program service revenue
- $0
- Investment income
- $717
- Other revenue
- $0
- Total assets, end of year
- $201,022
- Total liabilities, end of year
- $7,477
- Net assets or fund balances, end of year
- $193,545
- Program services expenses (Part IX)
- $181,375
- Management and general expenses
- $121
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $181,486
Program services were 99.9% 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.
-
1a · Federated campaigns
$152,741
-
3 · Investment income
total $717 · unrelated business $717
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $181,375 · program services $181,375
-
11a · Fees: management
total $121 · management and general $121
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $221,084 · end of year $201,022
-
4 · Accounts receivable
beginning of year $500
-
17 · Accounts payable and accrued expenses
end of year $7,477
-
31 · Retained earnings, endowment or other funds
beginning of year $221,584 · end of year $193,545
Mission and programs · 2023
Mission
Scholarships ranging from $500 to $20,000 are granted each year to Culver City Unified School Districts high school graduates for use in attending college.
Activities or mission (Part I)
The organization grants scholarships to students of Culver City High so that they may attend college
-
Collecting money for scholarships and giving out scholarships
Expenses $181,486 · Grants $181,375 · Revenue $152,741
As filed on the 2023 return.
Listed in Part VII
-
David ChecelDAVID CHECEL
President
- Total calculated
- $0
-
Robert ShiltonROBERT SHILTON
Treasurer
- Total calculated
- $0
-
Lelah PealerLELAH PEALER
Secretary
- Total calculated
- $0
-
Michael LaaseMICHAEL LAASE
Auditor
- Total calculated
- $0
-
Xavier JaureguiXAVIER JAUREGUI
Trustee
- Total calculated
- $0
-
Dan PhillipsDAN PHILLIPS
Trustee
- Total calculated
- $0
-
Beverly PetersonBEVERLY PETERSON
Trustee
- Total calculated
- $0
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
- 22 March 2024
- IRS schema version
- 2023v5.0
- Source object
- 202420829349300922
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