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← CALIFORNIANS FOR FINANCIAL EDUCATION

Form 990 for tax year 2023

Filed by CALIFORNIANS FOR FINANCIAL EDUCATION.

Totals

Total revenue
$5,060,663
Total expenses
$2,835,043
Contributions and grants received
$5,012,156
Grants paid
$0
Program service revenue
$0
Investment income
$48,507
Other revenue
$0
Total assets, end of year
$2,225,620
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,225,620
Program services expenses (Part IX)
$2,809,322
Management and general expenses
$25,721
Fundraising expenses
$0
Program service expenses (Part III)
$2,809,322

Program services were 99.1% 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.

  • 1f · All other contributions, gifts and grants

    $5,012,156

  • 1g · Noncash contributions included above

    $5,011,381

  • 3 · Investment income

    total $25,375 · excluded $25,375

  • 7a · Gross sales of assets other than inventory

    securities $5,034,553

  • 7b · Less cost or other basis and sales expenses

    securities $5,011,421

  • 7c · Gain or loss

    securities $23,132

  • 7d · Net gain or loss

    total $23,132 · excluded $23,132

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $25,512 · management and general $25,512

  • 11g · Fees: other

    total $2,767,463 · program services $2,767,463

  • 13 · Office expenses

    total $185 · management and general $185

  • 24a · Other expenses: PRINTING

    total $41,859 · program services $41,859

  • 24b · Other expenses: BANKING

    total $24 · management and general $24

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $1,165,730

  • 2 · Savings and temporary cash investments

    end of year $1,059,890

  • 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 $0 · end of year $2,225,620

Mission and programs · 2023

Mission

SUPPORT CALIFORNIA STATE BALLOT MEASURE AND LEGISLATION TO REQUIRE A FINANCIAL LITERACY COURSE FOR HIGH SCHOOL GRADUATION.

  • SUPPORT CALIFORNIA STATE BALLOT MEASURE AND LEGISLATION TO REQUIRE A FINANCIAL LITERACY COURSE FOR HIGH SCHOOL GRADUATION.

    Expenses $2,809,322 · Revenue $5,012,156

As filed on the 2023 return.

Listed in Part VII

  • Timothy Ranzetta

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Christopher Kaufman

    SECRETARY/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202433209349327878

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