Form 990 for tax year 2022
Filed by LAS POSITAS COLLEGE FOUNDATION.
Totals
- Total revenue
- $849,321
- Total expenses
- $933,670
- Contributions and grants received
- $461,938
- Grants paid
- $413,479
- Program service revenue
- $0
- Investment income
- $387,383
- Other revenue
- $0
- Total assets, end of year
- $10,143,069
- Total liabilities, end of year
- $183,831
- Net assets or fund balances, end of year
- $9,959,238
- Program services expenses (Part IX)
- $718,133
- Management and general expenses
- $159,607
- Fundraising expenses
- $55,930
- Program service expenses (Part III)
- $718,133
Program services were 76.9% 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
$25,125
-
1f · All other contributions, gifts and grants
$436,813
-
3 · Investment income
total $389,251 · excluded $389,251
-
7a · Gross sales of assets other than inventory
securities $652,170
-
7b · Less cost or other basis and sales expenses
securities $654,038
-
7c · Gain or loss
securities -$1,868
-
7d · Net gain or loss
total -$1,868 · excluded -$1,868
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$25,125
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $413,479 · program services $413,479
-
5 · Compensation of officers, directors and key employees
total $55,260 · program services $13,815 · management and general $16,578 · fundraising $24,867
-
7 · Other salaries and wages
total $64,912 · program services $32,270 · management and general $32,642
-
9 · Other employee benefits
total $63,126 · program services $24,949 · management and general $26,269 · fundraising $11,908
-
11b · Fees: legal
total $613 · program services $613
-
11c · Fees: accounting
total $54,797 · program services $20,417 · management and general $34,380
-
11g · Fees: other
total $27,297 · program services $18,171 · management and general $8,750 · fundraising $376
-
12 · Advertising and promotion
total $12,692 · program services $10,039 · management and general $1,440 · fundraising $1,213
-
13 · Office expenses
total $4,860 · program services $1,747 · management and general $2,402 · fundraising $711
-
14 · Information technology
total $34,445 · program services $375 · management and general $27,729 · fundraising $6,341
-
17 · Travel
total $883 · management and general $883
-
19 · Conferences, conventions and meetings
total $10,098 · program services $4,000 · management and general $6,023 · fundraising $75
-
23 · Insurance
total $520 · management and general $520
-
24a · Other expenses: Student activities
total $129,323 · program services $129,323
-
24b · Other expenses: Program events & suppli
total $50,342 · program services $47,475 · management and general $1,427 · fundraising $1,440
-
24c · Other expenses: Bank charges
total $9,827 · program services $300 · management and general $564 · fundraising $8,963
-
24d · Other expenses: Other expenses
total $1,196 · program services $1,160 · fundraising $36
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $435,843 · end of year $449,664
-
9 · Prepaid expenses and deferred charges
beginning of year $523 · end of year $6,510
-
11 · Investments: publicly traded securities
beginning of year $9,315,176 · end of year $9,686,895
-
17 · Accounts payable and accrued expenses
beginning of year $57,154 · end of year $50,649
-
18 · Grants payable
beginning of year $217,700 · end of year $133,182
-
27 · Net assets without donor restrictions
beginning of year $115,637 · end of year $87,711
-
28 · Net assets with donor restrictions
beginning of year $9,361,051 · end of year $9,871,527
Mission and programs · 2022
Mission
To support and advance the College and its students through active resource development and effective community partnerships.
Activities or mission (Part I)
The mission of the Organization is to support and advance the college and its students.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $718,133 · Grants $413,479
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Stephen Lanza
Chair
- Total calculated
- $0
- Hours/week
- 2
-
Lori Souza
Immediate Past Chair
- Total calculated
- $0
- Hours/week
- 2
-
Charles Crohare
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Dyrell Foster
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Gavin Shea
Director
- Total calculated
- $0
- Hours/week
- 2
-
Lynn Seppala
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jim Ott
Director
- Total calculated
- $0
- Hours/week
- 2
-
Beth McCormick
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kirsten Barranti
Director
- Total calculated
- $0
- Hours/week
- 1
-
Barry Russell
Director
- Total calculated
- $0
- Hours/week
- 1
-
Cynthia Ross
Director
- Total calculated
- $0
- Hours/week
- 1
-
Timothy Cooper
Director
- Total calculated
- $0
- Hours/week
- 1
-
Monica Davila
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michelle Walker-Wade
Director
- Total calculated
- $0
- Hours/week
- 1
-
Anette Raichbart
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth Cooper
Executive Director
- Total calculated
- $176,227
- From this org
- $51,325
- From related orgs
- $109,237
- Other
- $15,665
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $51,325 + $109,237 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $4,619 + $11,046 related
- Filer's total
- $55,944 + $120,283 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
The filer's explanations (Part III)
- Part I, Line 3
- All salaries, including executive director compensation, are paid through the College, the related organization. The College follows internally established guidelines to determine executive compensation. Salaries are then reviewed and approved by the Board. The Foundation issues partial reimbursements to the College for wages and related benefit expenses.
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
No itemized grants to organizations 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.
-
Las Positas College
CA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441369349306414
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