Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $162,780

• 1e · Government grants (contributions)

  $7,000

• 1f · All other contributions, gifts and grants

  $2,012,645

• 1g · Noncash contributions included above

  $35,901

• 3 · Investment income

  total $154,438 · excluded $154,438

• 7a · Gross sales of assets other than inventory

  securities $3,140,969

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

  securities $3,050,100

• 7c · Gain or loss

  securities $90,869

• 7d · Net gain or loss

  total $90,869 · excluded $90,869

• 8a · Fundraising events: gross income

  $42,183

• 8a · Fundraising events: contributions included on line 1c

  $162,780

• 8b · Fundraising events: direct expenses

  $42,816

• 8c · Net income from fundraising events

  total -$633 · excluded -$633

• 9a · Gaming: gross income

  $4,015

• 9b · Gaming: direct expenses

  $1,524

• 9c · Net income from gaming

  total $2,491 · excluded $2,491

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $605,775 · program services $605,775

• 7 · Other salaries and wages

  total $1,760 · management and general $1,760

• 9 · Other employee benefits

  total $157 · management and general $157

• 10 · Payroll taxes

  total $262 · management and general $262

• 11d · Fees: lobbying

  total $25,000 · management and general $25,000

• 11f · Fees: investment management

  total $42,915 · management and general $42,915

• 11g · Fees: other

  total $131,884 · program services $325 · management and general $131,559

• 13 · Office expenses

  total $35,735 · program services $25,192 · management and general $7,847 · fundraising $2,696

• 24a · Other expenses: CAMPUS PROJECTS AND PRO

  total $976,913 · program services $976,913

• 24b · Other expenses: FUNDRAISING

  total $53,167 · program services $788 · management and general $51,740 · fundraising $639

• 24c · Other expenses: STAFF DEVELOPMENT

  total $3,600 · management and general $3,600

• 24d · Other expenses: EQUIPMENT RENTAL & MAIN

  total $1,147 · management and general $1,147

• 24e · All other expenses

  total $3,215 · program services $3 · management and general $3,212

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $802,271 · end of year $998,940

• 2 · Savings and temporary cash investments

  beginning of year $399,931 · end of year $700,124

• 3 · Pledges and grants receivable

  beginning of year $62,158 · end of year $310,879

• 4 · Accounts receivable

  beginning of year $2,850 · end of year $47,666

• 11 · Investments: publicly traded securities

  beginning of year $5,875,963 · end of year $6,292,091

• 15 · Other assets

  beginning of year $1,339,745 · end of year $1,427,647

• 17 · Accounts payable and accrued expenses

  beginning of year $64,830 · end of year $52,625

• 27 · Net assets without donor restrictions

  beginning of year $253,633 · end of year $466,674

• 28 · Net assets with donor restrictions

  beginning of year $8,164,455 · end of year $9,258,048

The filer's explanations (Part III)

PART I, LINE 3

THE ORGANIZATION DOES NOT ESTABLISH THE COMPENSATION OF THE DIRECTOR OF DEVELOPMENT AND ALUMNI RELATIONS. COMPENSATION IS DETERMINED BY MT. SAN ANTONIO COMMUNITY COLLEGE DISTRICT, AN UNRELATED ORGANIZATION AND THE ORGANIZATION RELIED ON THE DISTRICT TO ESTABLISH COMPENSATION.

SCHEDULE J, PART II

MARISA FIERO WAS COMPENSATED BY MT. SAN ANTONIO COMMUNITY COLLEGE DISTRICT, AN UNRELATED ORGANIZATION, FOR HER FULL-TIME SERVICES TO THE ORGANIZATION. THOMAS MAUCH WAS COMPENSATED BY MT. SAN ANTONIO COMMUNITY COLLEGE DISTRICT, AN UNRELATED ORGANIZATION. THIS COMPENSATION REFLECTED 100% OF HIS TOTAL COMPENSATION, ALTHOUGH APPROXIMATELY 40% OF HIS TIME WAS DEVOTED TO SERVICES FOR THE ORGANIZATION.