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Nonprofiteer
← CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION

Form 990 for tax year 2022

Filed by CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION.

Totals

Total revenue
$231,403
Total expenses
$219,486
Contributions and grants received
$110,500
Grants paid
$35,000
Program service revenue
$120,900
Investment income
$3
Other revenue
$0
Total assets, end of year
$108,267
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$108,267
Program services expenses (Part IX)
$214,930
Management and general expenses
$4,556
Fundraising expenses
$0
Program service expenses (Part III)
$214,930

Program services were 97.9% 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.

  • 1f · All other contributions, gifts and grants

    $110,500

  • 2a · Program service revenue: CONSULTING SERVICES

    total $120,000 · related or exempt $120,000

  • 2b · Program service revenue: SPEAKER FEE

    total $900 · related or exempt $900

  • 3 · Investment income

    total $3 · excluded $3

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $35,000 · program services $35,000

  • 11c · Fees: accounting

    total $1,750 · management and general $1,750

  • 11g · Fees: other

    total $179,930 · program services $179,930

  • 13 · Office expenses

    total $2,254 · management and general $2,254

  • 24a · Other expenses: CREDIT CARD DISCOUNT FE

    total $552 · management and general $552

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $66,176 · end of year $78,090

  • 2 · Savings and temporary cash investments

    beginning of year $30,174 · end of year $30,177

  • 27 · Net assets without donor restrictions

    beginning of year $19,979 · end of year $19,427

  • 28 · Net assets with donor restrictions

    beginning of year $76,371 · end of year $88,840

Mission and programs · 2022

Mission

THE ORGANIZATION CARRIES OUT ITS EXEMPT PURPOSE BY EDUCATING THE PUBLIC AND POLICY MAKERS ON PRIVATE ENTERPRISE AND A STRONG ECONOMIC BASE; IMPARTIAL AND OBJECTIVE RESEARCH AND ANALYSIS OF PUBLIC POLICY ISSUES; EDUCATION AND OUTREACH EFFORTS IN SUPPORT OF RESEARCH AND PUBLIC POLICY FINDINGS AND RECOMMENDATIONS.

Activities or mission (Part I)

THE ORGANIZATION CARRIES OUT ITS EXEMPT PURPOSE BY EDUCATING THE PUBLIC AND POLICY MAKERS ON PRIVATE ENTERPRISE AND A STRONG ECONOMIC BASE.

  • KAISER CAPITOL IMPACT: PROVIDE SUPPORT FOR IMPLEMENTATION OF THE PROMISE TO CAREER CONSTRUCTION SCHOLARSHIP PROGRAM AT LOS RIOS COMMUNITY COLLEGE DISTRICT, THE PREFERRED TALENT PROVIDER WHICH SERVES THE HEALTH CARE CONSTRUCTION COLLABORATIVES PRIORITY POPULATIONS. THE SCHOLARSHIP HAS SUPPORTED MORE THAN 50 INDIVIDUALS SINCE ITS INCEPTION.

    Expenses $116,400 · Revenue $120,000

  • ENVIRONMENT & PANDEMIC RESEARCH: SURVEY RESEARCH AND ANALYSIS OF PROPOSALS TO RAISE UPPER-EARNER INCOME TAXES TO SUPPORT A VARIETY OF PROGRAMS, SUCH AS ELECTRIC VEHICLE DEPLOYMENT AND PANDEMIC RESEARCH AND PREPARATION.

    Expenses $57,530 · Revenue $75,000

  • JUSTIN-SIENA HIGH SCHOOL OF NAPA: SUPPORT FOR PROGRAMS AT JUSTIN-SIENA HIGH SCHOOL INCLUDING,ACADEMICS, CO-CURRICULARS, FACILITIES, PROFESSIONAL DEVELOPMENT, AND TUITION-ASSISTANCE.

    Expenses $35,000 · Grants $35,000 · Revenue $35,000

  • USCCF YOUTH EMPLOYMENT: PARTICIPATION IN US CHAMBER OF COMMERCE YOUTH EMPLOYMENT NETWORK, WORK AND COORDINATE WITH CALIFORNIA BUSINESSES TO PROVIDE WORK-BASED LEARNING EXPERIENCES FOR YOUNG PEOPLE.

    Expenses $5,000

  • UNEMPLOYMENT INSURANCE STUDY: RESEARCHED FEDERAL UNEMPLOYMENT INSURANCE LAW,CALIFORNIA'S DETERMINATION OF ELIGIBILITY FOR UNEMPLOYMENT, AND DEVELOPED A REPORT ADDRESSING BEST PRACTICES NECESSARY FOR CALIFORNIA'S UI FUND TO AVOID FRAUD, IDENTITY THEFT AND ADDRESS RISK OF INSOLVENCY.

    Expenses $5,000

  • QUALITY EDUCATION RESEARCH: PROVIDED SUPPORT AND OVERSIGHT FOR SURVEY RESEARCH,LEGAL DRAFTING AND COMMUNITY OUTREACH ON ISSUES OF PROVIDING A CONSTITUTIONAL RIGHT FOR A HIGH QUALITY EDUCATION TO PUBLIC SCHOOL STUDENTS.

    Expenses -$4,000

  • SPEAKING ENGAGEMENTS: FOUNDATION PRESIDENT LOREN KAYE SPOKE ON THE TOPICS OF EDUCATION AND WORKFORCE DEVELOPMENT.

    Revenue $900

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JENNIFER BARRERA

    DIRECTOR

    Total calculated
    $863,068
    From this org
    $0
    From related orgs
    $776,144
    Other
    $86,924
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $661,144 related
    Bonus
    $0 + $115,000 related
    Other
    $0
    Deferred
    $0 + $24,400 related
    Nontaxable benefits
    $0 + $62,524 related
    Filer's total
    $0 + $863,068 related
  • KAILESH KARAVADRA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2 + 1 related
  • GREGORY BIELLI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2 + 1 related
  • JANET LIANG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2 + 1 related
  • MARYAM BROWN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2 + 1 related
  • DONNA LUCAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2 + 1 related
  • SIMA PATEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2 + 1 related
  • JOHN STOWELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2 + 1 related
  • STUART WOOLF

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2 + 1 related
  • GRACE EVANS CHERASHORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2 + 1 related
  • JOHN BOYLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2 + 1 related
  • LOREN KAYE

    PRESIDENT

    Total calculated
    $375,938
    From this org
    $0
    From related orgs
    $284,437
    Other
    $91,501
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $284,437 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $24,400 related
    Nontaxable benefits
    $0 + $67,101 related
    Filer's total
    $0 + $375,938 related
  • DAVID KILBY

    SECRETARY

    Total calculated
    $332,006
    From this org
    $0
    From related orgs
    $262,937
    Other
    $69,069
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $262,937 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $22,108 related
    Nontaxable benefits
    $0 + $46,961 related
    Filer's total
    $0 + $332,006 related
  • ANA GRETEL TORTOLANI

    TREASURER

    Total calculated
    $304,015
    From this org
    $0
    From related orgs
    $269,211
    Other
    $34,804
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $231,711 related
    Bonus
    $0 + $37,500 related
    Other
    $0
    Deferred
    $0 + $21,892 related
    Nontaxable benefits
    $0 + $12,912 related
    Filer's total
    $0 + $304,015 related
  • LAWRENCE M DICKE

    TREASURER

    Total calculated
    $209,808
    From this org
    $0
    From related orgs
    $179,042
    Other
    $30,766
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $179,042 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $14,713 related
    Nontaxable benefits
    $0 + $16,053 related
    Filer's total
    $0 + $209,808 related
  • ALLAN ZAREMBERG

    FORMER DIRECTOR

    Total calculated
    $331,444
    From this org
    $0
    From related orgs
    $307,044
    Other
    $24,400
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $307,044 related
    Other
    $0
    Deferred
    $0 + $24,400 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $331,444 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

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
1 November 2023
IRS schema version
2022v5.0
Source object
202343139349303019

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