Form 990 for tax year 2022
Filed by PASADENA EDUCATIONAL FOUNDATION.
Totals
- Total revenue
- $5,819,367
- Total expenses
- $5,304,312
- Contributions and grants received
- $4,966,101
- Grants paid
- $1,862,776
- Program service revenue
- $543,823
- Investment income
- $309,443
- Other revenue
- $0
- Total assets, end of year
- $10,455,494
- Total liabilities, end of year
- $2,899,816
- Net assets or fund balances, end of year
- $7,555,678
- Program services expenses (Part IX)
- $4,554,299
- Management and general expenses
- $293,372
- Fundraising expenses
- $456,641
- Program service expenses (Part III)
- $4,554,299
Program services were 85.9% 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.
-
1c · Fundraising events
$37,042
-
1e · Government grants (contributions)
$143,823
-
1f · All other contributions, gifts and grants
$4,785,236
-
2a · Program service revenue: SUMMER SCHOOL INCOME
total $393,823 · related or exempt $393,823
-
2b · Program service revenue: SERVICE FEE INCOME
total $150,000 · related or exempt $150,000
-
3 · Investment income
total $351,980 · excluded $351,980
-
7a · Gross sales of assets other than inventory
securities $2,246,838
-
7b · Less cost or other basis and sales expenses
securities $2,289,375
-
7c · Gain or loss
securities -$42,537
-
7d · Net gain or loss
total -$42,537 · excluded -$42,537
-
8a · Fundraising events: gross income
$85,277
-
8a · Fundraising events: contributions included on line 1c
$37,042
-
8b · Fundraising events: direct expenses
$85,277
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,529,455 · program services $1,529,455
-
2 · Grants to domestic individuals
total $333,321 · program services $333,321
-
5 · Compensation of officers, directors and key employees
total $194,251 · program services $120,435 · management and general $36,908 · fundraising $36,908
-
7 · Other salaries and wages
total $1,313,528 · program services $946,628 · management and general $117,097 · fundraising $249,803
-
8 · Pension plan contributions
total $33,690 · program services $18,959 · management and general $4,596 · fundraising $10,135
-
9 · Other employee benefits
total $92,254 · program services $53,052 · management and general $13,652 · fundraising $25,550
-
10 · Payroll taxes
total $119,783 · program services $87,267 · management and general $11,324 · fundraising $21,192
-
11f · Fees: investment management
total $44,547 · management and general $44,547
-
11g · Fees: other
total $291,008 · program services $241,928 · management and general $42,876 · fundraising $6,204
-
13 · Office expenses
total $157,656 · program services $73,761 · management and general $20,489 · fundraising $63,406
-
17 · Travel
total $14,854 · program services $14,854
-
19 · Conferences, conventions and meetings
total $84,102 · program services $84,102
-
23 · Insurance
total $5,683 · program services $2,400 · management and general $1,883 · fundraising $1,400
-
24a · Other expenses: PROGRAM MATERIALS
total $608,949 · program services $608,949
-
24b · Other expenses: SCHOOL EVENTS & TRIPS
total $324,309 · program services $324,309
-
24c · Other expenses: STIPENDS
total $67,950 · program services $67,950
-
24d · Other expenses: COMMUNITY ENGAGEMENT
total $42,043 · fundraising $42,043
-
24e · All other expenses
total $46,929 · program services $46,929
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,228,704 · end of year $1,199,985
-
2 · Savings and temporary cash investments
beginning of year $573,170 · end of year $987,664
-
4 · Accounts receivable
beginning of year $248,741 · end of year $25,593
-
9 · Prepaid expenses and deferred charges
beginning of year $36,447 · end of year $27,595
-
11 · Investments: publicly traded securities
beginning of year $6,303,706 · end of year $7,761,160
-
12 · Investments: other securities
beginning of year $352,075 · end of year $453,497
-
17 · Accounts payable and accrued expenses
beginning of year $2,649,753 · end of year $2,761,645
-
19 · Deferred revenue
beginning of year $187,514 · end of year $138,171
-
27 · Net assets without donor restrictions
beginning of year $9,479 · end of year $459,384
-
28 · Net assets with donor restrictions
beginning of year $6,896,097 · end of year $7,096,294
Mission and programs · 2022
Mission
THE PASADENA EDUCATIONAL FOUNDATION'S MISSION IS WORKING TO ACHIEVE EXCELLENCE AND EQUITY IN ALL PASADENA UNIFIED SCHOOL DISTRICT (PUSD) SCHOOLS.
Activities or mission (Part I)
FUNDRAISING FOR PASADENA AREA PUBLIC SCHOOLS, INCLUDING ALTADENA, PASADENA AND SIERRA MADRE.
-
PASADENA EDUCATIONAL FOUNDATION (PEF) IS A NON-PROFIT COMMUNITY-BASED ORGANIZATION WHICH JOINS THE PUBLIC AND PRIVATE SECTORS IN A PARTNERSHIP TO (1) DEVELOP SUPPLEMENTARY FINANCIAL SUPPORT FOR PASADENA UNIFIED SCHOOL DISTRICT (PUSD) PROGRAMS, (2) ENCOURAGE DEDICATED TEACHERS BY FUNDING CREATIVE PROJECTS AND (3) PROMOTE COMMUNITY-WIDE CONFIDENCE IN THE PUSD AND ITS SCHOOLS. SEE SCHEDULE I FOR A LISTING OF THIS FISCAL YEAR'S PROGRAM SERVICE GRANTS AND OTHER ASSISTANCE.IN ADDITION TO CONTRIBUTIONS DIRECTLY RECEIVED BY THE PEF FROM PRIVATE AND PUBLIC SECTORS, THE PEF, IN COORDINATION WITH THE PUSD, SOLICITS CONTRIBUTIONS THAT GO DIRECTLY FROM THE DONOR TO THE PUSD.
Expenses $3,587,927 · Grants $1,862,776 · Revenue $150,000
-
PEF HAS PROVIDED A SUMMER ENRICHMENT PROGRAM FOR LOCAL STUDENTS EACH SUMMER SINCE 2003. THE PROGRAM PAUSED IN 2020 DUE TO COVID AND RETURNED IN A SPECIAL, MODIFIED FORMAT IN 2021 WHEN IT WAS FULLY FUNDED BY PUSD. IN 2022, THE PROGRAM RESUMED ITS PRE-COVID FORMAT OF REASONABLE STUDENT PAID TUITION WITH TUITION ASSISTANCE AWARDED ON AN AS-NEEDED BASIS. IN 2022, THE PROGRAM SERVED APPROXIMATELY 1,055 STUDENTS ACROSS ALL GRADE LEVELS. OVER 75 UNIQUE ENRICHMENT CLASSES WERE OFFERED, INCLUDING DRAMA, ART, MATH, CREATIVE WRITING, CHESS, TENNIS, ROBOTICS, COMPUTER AND MULTIMEDIA, SPANISH, MANDARIN, FRENCH IMMERSION, AND MANY MORE.
Expenses $966,372 · Revenue $393,823
As filed on the 2022 return.
Listed in Part VII
-
ALMA M STOKES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ANGELITA MONT O'BRIEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
CARINA JACOBS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
D BARTON DOYLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
DAWN CARSON O'KEEFFE
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
DEL LILE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
DOMINICK CORREY
SECRETARY
- Total calculated
- $0
- Hours/week
- 10
-
ERIK BERG
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
FELITA KEALING
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
FRANCES DAYMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
GEORGE A BRUMDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JAMES PATTERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JANE KACZMAREK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JENNIFER MIYAKE-TRAPP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JONATHAN S FUHRMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JULIA MCCALLIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
KAREN BURGESS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
KARINA MONTILLA EDMONDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
KATHY J ONOYE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
LAWAYNE WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
LAWTON GRAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
LINDA MORALES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
LORENA YEPEZ HERNANDEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
LORNA TOURYAN MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
LUISA RENGIFO-ESTRADA
BOARD PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
MABELL GARCIA PAINE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
MARGUERITE ANN SNOW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
MELISSA WINHAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
NIKI ELLIOT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
RICHARD KIDD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ROBERTO HERNANDEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
SARAH DESCHENES
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
SHARON LEFLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
STEVEN MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
TAMERLIN J GODLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
WILLIAM B CREIM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
WILLIAM E THOMSON JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
PATRICK CONYERS
EXECUTIVE DIRECTOR
- Total calculated
- $189,021
- From this org
- $180,020
- From related orgs
- $0
- Other
- $9,001
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,020
- Bonus
- $0
- Other
- $0
- Deferred
- $9,001
- Nontaxable benefits
- $0
- Filer's total
- $189,021
-
SPIRO DAVID
DEVELOPMENT DIRECTOR
- Total calculated
- $120,773
- From this org
- $104,937
- From related orgs
- $0
- Other
- $15,836
- Hours/week
- 40
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
- 3 · Approval by the board or compensation committee
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
The filer's explanations (Part III)
- PART I, LINE 3
- THE EXECUTIVE COMMITTEE MEETS TO DETERMINE THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND USES COMPARABLE LOCAL NONPROFIT SALARIES AND EXPERIENCE, TO DETERMINE SALARY RANGE. THE EXECUTIVE DIRECTOR RECOMMENDS TO THE EXECUTIVE COMMITTEE COMPENSATION LEVELS FOR ALL EMPLOYEES. THE BOARD OF DIRECTORS APPROVES THE BUDGET WHICH INCLUDES COMPENSATION.
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
-
PASADENA UNIFIED SCHOOL DISTRICT
$1,529,455
SUPPORT PASADENA UNIFIED SCHOOL DISTRICT PROGRAMS. SEE SCH. I, PART IV FOR PROGRAM LISTING.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 3 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421249349302872
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