Form 990 for tax year 2022
Filed by COLLEGE OF THE SEQUOIAS FOUNDATION.
Totals
- Total revenue
- $2,185,070
- Total expenses
- $1,544,738
- Contributions and grants received
- $1,323,313
- Grants paid
- $622,057
- Program service revenue
- $178,962
- Investment income
- $602,473
- Other revenue
- $80,322
- Total assets, end of year
- $17,316,967
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $17,316,967
- Program services expenses (Part IX)
- $1,252,633
- Management and general expenses
- $292,105
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,252,633
Program services were 81.1% 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
$30,543
-
1f · All other contributions, gifts and grants
$1,292,770
-
1g · Noncash contributions included above
$2,500
-
2a · Program service revenue: Program Fees
total $178,962 · related or exempt $178,962
-
3 · Investment income
total $602,473 · related or exempt $602,473
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$127,568
-
8a · Fundraising events: contributions included on line 1c
$30,543
-
8b · Fundraising events: direct expenses
$47,246
-
8c · Net income from fundraising events
total $80,322
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $622,057 · program services $622,057
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $52,561 · management and general $52,561
-
12 · Advertising and promotion
total $166,075 · management and general $166,075
-
13 · Office expenses
total $4,757 · management and general $4,757
-
14 · Information technology
total $7,149 · management and general $7,149
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $3,259 · management and general $3,259
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $1,311 · management and general $1,311
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: College Enhancement
total $630,576 · program services $630,576
-
24b · Other expenses: food and beverages
total $18,117 · management and general $18,117
-
24c · Other expenses: Fees for services
total $12,023 · management and general $12,023
-
24d · Other expenses: BANK CHARGES
total $7,537 · management and general $7,537
-
24e · All other expenses
total $19,316 · management and general $19,316
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,066,176 · end of year $410,145
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $14,300,650 · end of year $16,906,822
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $11,707,851 · end of year $12,065,091
-
28 · Net assets with donor restrictions
beginning of year $4,658,975 · end of year $5,251,876
Mission and programs · 2022
Mission
College of the Sequoias Foundation volunteers and staff cultivate and direct community resources to the College of the Sequoias in the areas that matter most to the district communities served. Some recent uses include student scholarships, educational equipment purchases, and capital improvements.
-
The college enhancement expenses noted above are directly related to the support spent in support of the College of the Sequoias
Expenses $630,576
-
The amount of scholarships expenses above provided scholarships to students of the College of the Sequoias.
Expenses $622,057
As filed on the 2022 return.
Listed in Part VII
-
Tim Foster
Executive Dir.
- Total calculated
- $234,838
- From this org
- $0
- From related orgs
- $167,167
- Other
- $67,671
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- not reported + $167,167 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $67,671 related
- Filer's total
- not reported + $234,838 related
-
Alexis Silveira
President
- Total calculated
- $0
- Hours/week
- 2
-
Gerry Scheider
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Richard Nunes
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie Amaral
Director
- Total calculated
- $0
- Hours/week
- 1
-
Megan Crouch
Director
- Total calculated
- $0
- Hours/week
- 1
-
Josh McDonnell
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Mariann Hedstrom
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lionel Moreno
Director
- Total calculated
- $0
- Hours/week
- 1
-
Consuelo Romo
Director
- Total calculated
- $0
- Hours/week
- 1
-
Brent Calvin
SuperInt / Pres
- Total calculated
- $0
- Hours/week
- 2 + 40 related
-
Ken Nunes
Trustee Appoint
- Total calculated
- $0
- Hours/week
- 1 + 4 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
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.
-
College of the Sequoias
N/A · Post-Secondary Education · CA
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421279349303477
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