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Nonprofiteer
← SUMMIT LEAGUE

Form 990 for tax year 2024

Filed by SUMMIT LEAGUE.

Totals

Total revenue
$649,117
Total expenses
$88,838
Contributions and grants received
$643,791
Grants paid
$60,000
Program service revenue
$0
Investment income
$17,629
Other revenue
-$12,303
Total assets, end of year
$978,599
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$978,599
Program services expenses (Part IX)
$80,592
Management and general expenses
$8,246
Fundraising expenses
$0
Program service expenses (Part III)
$80,592

Program services were 90.7% 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

    $38,475

  • 1c · Fundraising events

    $590,490

  • 1f · All other contributions, gifts and grants

    $14,826

  • 3 · Investment income

    total $17,629 · excluded $17,629

  • 8a · Fundraising events: gross income

    $261,783

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

    $590,490

  • 8b · Fundraising events: direct expenses

    $274,086

  • 8c · Net income from fundraising events

    total -$12,303 · excluded -$12,303

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $60,000 · program services $60,000

  • 13 · Office expenses

    total $2,128 · management and general $2,128

  • 19 · Conferences, conventions and meetings

    total $20,592 · program services $20,592

  • 23 · Insurance

    total $1,490 · management and general $1,490

  • 24a · Other expenses: SUBSCRIPTION EXPENSES

    total $2,824 · management and general $2,824

  • 24b · Other expenses: MISCELLANEOUS EXPENSES

    total $1,804 · management and general $1,804

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $31,087 · end of year $45,499

  • 2 · Savings and temporary cash investments

    beginning of year $387,233 · end of year $933,100

  • 27 · Net assets without donor restrictions

    beginning of year $418,320 · end of year $978,599

Mission and programs · 2024

Mission

SUMMIT LEAGUE IS AN ORGANIZATION OF WOMEN COMMITTED TO FOSTERING MEMBER EDUCATION, ENRICHMENT AND, AS A GROUP, FINANCIALLY SUPPORTING COMMUNITY NEEDS IN THE AREAS OF THE ARTS, EDUCATION, HEALTH AND WELFARE IN SANTA CLARA VALLEY.

Activities or mission (Part I)

TO RAISE FUNDS IN THE AREAS OF ARTS, EDUCATION, HEALTH AND/OR WELFARE TO BENEFIT CHARITABLE ORGANIZATIONS IN SANTA CLARA COUNTY.

  • GRANTS WERE GIVEN TO VARIOUS CHARITABLE ORGANIZATIONS. THE MEMBERS OF THE SUMMIT LEAGUE VOTE AS TO WHICH ORGANIZATION(S) WILL RECEIVE FUNDS.

    Expenses $80,592 · Grants $60,000

As filed on the 2024 return.

Listed in Part VII

  • Liz Ferrari

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Chris Gomo

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Dianne Stokes

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Susan Sordello

    RECORDING SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Dana Krouskup

    CORRESPONDING SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Cynthia Lazares

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Kris Lamson

    FUNDRAISING TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Judy Brady

    ADMISSIONS CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Barbara Gentzkow

    NOMINATING CHAIR

    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

Provenance

Return type
form_990
Tax year
2024
Filed
23 February 2026
IRS schema version
2024v5.5
Source object
202620759349301672

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