Form 990 for tax year 2022
Filed by ASSOCIATION FOR EDUCATIONAL DEVELOPMENT-CALIFORNIA.
Totals
- Total revenue
- $1,030,474
- Total expenses
- $725,171
- Contributions and grants received
- $1,001,323
- Grants paid
- $67,274
- Program service revenue
- $24,425
- Investment income
- $4,726
- Other revenue
- $0
- Total assets, end of year
- $11,251,109
- Total liabilities, end of year
- $56
- Net assets or fund balances, end of year
- $11,251,053
- Program services expenses (Part IX)
- $612,159
- Management and general expenses
- $113,012
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $612,159
Program services were 84.4% 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
$1,001,323
-
2a · Program service revenue: ACTIVITIES REVENUE
total $24,425 · related or exempt $24,425
-
3 · Investment income
total $11,947 · excluded $11,947
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $46,683
-
7b · Less cost or other basis and sales expenses
securities $53,904
-
7c · Gain or loss
securities -$7,221
-
7d · Net gain or loss
total -$7,221 · related or exempt -$7,221
-
8c · Net income from fundraising events
total $0
-
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 $67,274 · program services $67,274
-
2 · Grants to domestic individuals
total $0
-
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 $6,000 · program services $4,380 · management and general $1,620
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $27,322 · program services $19,945 · management and general $7,377
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $93,734 · program services $68,426 · management and general $25,308
-
10 · Payroll taxes
total $3,949 · program services $2,883 · management and general $1,066
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $650 · management and general $650
-
11c · Fees: accounting
total $1,250 · management and general $1,250
-
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 $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $162,819 · program services $156,837 · management and general $5,982
-
17 · Travel
total $25,097 · program services $13,985 · management and general $11,112
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $33,636 · program services $18,836 · management and general $14,800
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $139,707 · program services $139,707
-
23 · Insurance
total $0
-
24a · Other expenses: BUILDING MAINTENANCE & REPAIR
total $57,075 · program services $55,363 · management and general $1,712
-
24b · Other expenses: CONTRACTUAL SERVICES
total $27,084 · management and general $27,084
-
24c · Other expenses: FOOD
total $25,054 · program services $21,797 · management and general $3,257
-
24d · Other expenses: SUPPLIES
total $16,120 · program services $15,270 · management and general $850
-
24e · All other expenses
total $38,400 · program services $27,456 · management and general $10,944
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $72,323 · end of year $70,061
-
2 · Savings and temporary cash investments
beginning of year $1,252,884 · end of year $1,028,569
-
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
-
10a · Land, buildings and equipment: cost or other basis
$13,173,468
-
10b · Land, buildings and equipment: accumulated depreciation
$3,031,169
-
10c · Land, buildings and equipment, net
beginning of year $10,123,931 · end of year $10,142,299
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $11,331 · end of year $10,180
-
15 · Other assets
beginning of year $8,295 · end of year $0
-
17 · Accounts payable and accrued expenses
end of year $56
-
23 · Secured mortgages and notes payable
beginning of year $523,014
-
31 · Retained earnings, endowment or other funds
beginning of year $10,945,750 · end of year $11,251,053
Mission and programs · 2022
Mission
SUPPLEMENTARY EDUCATION
-
RESIDENCES AND ASSOCIATED PROGRAMS: AED OPERATES A NUMBER OF RESIDENCES FROM WHICH THE MAJORITY OF ITS PROGRAMS ARE CARRIED OUT; CLASSES ON CHARACTER FORMATION, PHILOSOPHY AND THEOLOGY CLASSES, AS WELL AS SEMINARS AND CLASSES FOR PROFESSIONAL DEVELOPMENT, TUTORING AND AFTER-SCHOOL PROGRAMS, ETC. PROGRAMS SERVE APPROXIMATELY 650 PEOPLE AND ARE ATTENDED BY BOTH RESIDENTS AND NON-RESIDENTS.
Expenses $612,159 · Revenue $1,030,153
As filed on the 2022 return.
Listed in Part VII
-
Caroline Torio
Treasurer/CFO
- Total calculated
- $6,000
- From this org
- $6,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 25
-
Susan Sperlazzo
Board
- Total calculated
- $0
- Hours/week
- 0.5
-
Jennifer Bangit
Board
- Total calculated
- $0
- Hours/week
- 0.5
-
Perseveranda Sison
Board
- Total calculated
- $0
- Hours/week
- 0.5
-
Adriana Farfan
Board
- Total calculated
- $0
- Hours/week
- 0.5
-
Kathryn Carey
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Maria Isabel Romea
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Jackie Taylor
President
- Total calculated
- $0
- Hours/week
- 25
-
Heather Lachenauer
Vice President
- 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
-
$67,274
OPERATIONAL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349327535
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