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Nonprofiteer
← RIO HONDO COLLEGE FOUNDATION

Form 990 for tax year 2022

Filed by RIO HONDO COLLEGE FOUNDATION.

Totals

Total revenue
$738,831
Total expenses
$617,848
Contributions and grants received
$416,679
Grants paid
$183,882
Program service revenue
$0
Investment income
$134,108
Other revenue
$188,044
Total assets, end of year
$4,030,818
Total liabilities, end of year
$49,095
Net assets or fund balances, end of year
$3,981,723
Program services expenses (Part IX)
$496,832
Management and general expenses
$42,983
Fundraising expenses
$78,033
Program service expenses (Part III)
$496,832

Program services were 80.4% 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

    $416,679

  • 3 · Investment income

    total $134,108 · excluded $134,108

  • 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

    $229,037

  • 8b · Fundraising events: direct expenses

    $48,797

  • 8c · Net income from fundraising events

    total $180,240

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Other Income

    total $7,804 · excluded $7,804

  • 11e · Other revenue, total

    $7,804

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $183,882 · program services $183,882

  • 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 $109,128 · program services $32,738 · management and general $27,282 · fundraising $49,108

  • 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 $13,732 · management and general $13,732

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $9,752 · program services $9,752

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: Contribution to the College

    total $270,460 · program services $270,460

  • 24b · Other expenses: Outside Services

    total $16,532 · management and general $1,969 · fundraising $14,563

  • 24c · Other expenses: LICENSES AND PERMITS

    total $10,354 · fundraising $10,354

  • 24d · Other expenses: Equipment and Supplies

    total $4,008 · fundraising $4,008

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $187,984 · end of year $117,527

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $22,951 · end of year $16,500

  • 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

    beginning of year $3,787 · end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $3,424,545 · end of year $3,679,393

  • 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

    beginning of year $208,619 · end of year $217,398

  • 17 · Accounts payable and accrued expenses

    beginning of year $54,465 · end of year $49,095

  • 27 · Net assets without donor restrictions

    beginning of year $274,596 · end of year $104,709

  • 28 · Net assets with donor restrictions

    beginning of year $3,518,825 · end of year $3,877,014

Mission and programs · 2022

Mission

The Rio Hondo College Foundation is a non-profit organization that provides financial assistance for scholarships and programs which meet the needs of Rio Hondo College's students.

  • Academic support to Rio Hondo College

    Expenses $312,950

  • Scholarships for students. Grants to fund college programs and services.

    Expenses $183,882

As filed on the 2022 return.

Listed in Part VII

  • Dr Camella Franco

    Past President

    Total calculated
    $0
    Hours/week
    0.5
  • Don Hannah

    VP/ Treasurer

    Total calculated
    $0
    Hours/week
    0.5
  • Bryan Tabizon

    President

    Total calculated
    $0
    Hours/week
    0.5
  • Shaina Philips

    Acting Exec Dir

    Total calculated
    $0
    Hours/week
    10
  • Marilyn Flores

    RHC President

    Total calculated
    $0
    Hours/week
    0.5
  • Maria Torres-Muro

    VP programs

    Total calculated
    $0
    Hours/week
    0.5
  • Robert Bethel

    board member

    Total calculated
    $0
    Hours/week
    0.5
  • Kerry Franco

    board member

    Total calculated
    $0
    Hours/week
    0.5
  • Ricardo Perez

    Board Member

    Total calculated
    $0
    Hours/week
    0.5
  • Mohamed Rassmy

    Board Member

    Total calculated
    $0
    Hours/week
    0.5
  • Dan Rubalcava

    Secretary

    Total calculated
    $0
    Hours/week
    0.5
  • Delia Morales

    Board Memeber

    Total calculated
    $0
    Hours/week
    0.5
  • Monica sanchez

    board member

    Total calculated
    $0
    Hours/week
    0.5
  • Meri Rama

    Board Members

    Total calculated
    $0
    Hours/week
    0.5
  • Jessica Perea

    board member

    Total calculated
    $0
    Hours/week
    0.5
  • Daniel Gutierrez

    Board Member

    Total calculated
    $0
    Hours/week
    0.5
  • Krystal Orozco

    board member

    Total calculated
    $0
    Hours/week
    0.5

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
6 May 2024
IRS schema version
2022v5.0
Source object
202441279349303339

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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