Totals
- Total revenue
- $38,518
- Total expenses
- $38,778
- Contributions and grants received
- $25,108
- Grants paid
- $31,500
- Program service revenue
- $0
- Investment income
- $13,410
- Other revenue
- $0
- Total assets, end of year
- $523,221
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $523,221
- Program services expenses (Part IX)
- $31,500
- Management and general expenses
- $7,278
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $31,500
Program services were 81.2% 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
$25,108
-
3 · Investment income
total $10,094 · unrelated business $10,094
-
7a · Gross sales of assets other than inventory
securities $3,316
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $3,316
-
7d · Net gain or loss
total $3,316 · unrelated business $3,316
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $31,500 · program services $31,500
-
11c · Fees: accounting
total $2,125 · management and general $2,125
-
11f · Fees: investment management
total $495 · management and general $495
-
11g · Fees: other
total $4,658 · management and general $4,658
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $42,750 · end of year $34,182
-
13 · Investments: program-related
beginning of year $545,388 · end of year $489,039
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $588,138 · end of year $523,221
Mission and programs · 2022
Mission
THE HEMET EDUCATION FOUNDATION IS DEDICATED TO PROMOTING EXCELLENCE AND INNOVATION IN EDUCATION FOR THE STUDENTS OF THE HEMET UNIFIED SCHOOL DISTRICT.
-
A PERMANENT ENDOWMENT FUND IS BEING ESTABLISHED BY CONTRIBUTIONS FROM INDIVIDUALS AND BUSINESSES. THE EARNINGS FROM THIS FUND WILL BE USED IN THE SUPPORT OF LIBRARIES AND LITERACY.
Expenses $31,500 · Grants $31,500 · Revenue $38,460
As filed on the 2022 return.
Listed in Part VII
-
Ron BreyerRON BREYER
CO-PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Sue BreyerSUE BREYER
CO-PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Alex BallardALEX BALLARD
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Don DigbyDON DIGBY
CO-TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Derek JindraDEREK JINDRA
CO-TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Claire DoolittleCLAIRE DOOLITTLE
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Ted SmithTED SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jason ChrestJASON CHREST
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Ross ValenzuelaROSS VALENZUELA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
William ValenzuelaWILLIAM VALENZUELA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Christi BarrettCHRISTI BARRETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Billy ValenzuelaBILLY VALENZUELA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Al FernandesAL FERNANDES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Samantha ZavillaSAMANTHA ZAVILLA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 3 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343079349301464
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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