Sonoma Valley Education Foundation is located in Sonoma, CA. The organization was established in 1993. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2023, Sonoma Valley Education Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sonoma Valley Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Sonoma Valley Education Foundation generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sonoma Valley Education Foundation has awarded 12 individual grants totaling $3,050,976. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SONOMA VALLEY EDUCATION FOUNDATION EXISTS TO CULTIVATE COMMUNITY SUPPORT AND RAISE FUNDS TO ENABLE THE POTENTIAL OF EVERY STUDENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE NOTE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Graham Smith Board Chair | OfficerTrustee | 4 | $0 |
Sherry Preiss Vice Chair | OfficerTrustee | 2 | $0 |
Salma Khan Wornick Secretary | OfficerTrustee | 2 | $0 |
Mark Mance Treasurer | OfficerTrustee | 2 | $0 |
Joanne Green Director | Trustee | 2 | $0 |
Mariah Hanson Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $81,084 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,082,715 |
Noncash contributions included in lines 1a–1f | $69,927 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,163,799 |
Total Program Service Revenue | $0 |
Investment income | $22,773 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,186,572 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $424,098 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $119,166 |
Compensation of current officers, directors, key employees. | $35,750 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $175,754 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $5,525 |
Payroll taxes | $22,751 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $23,403 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $84,681 |
Advertising and promotion | $3,314 |
Office expenses | $118,814 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,167 |
Travel | $9,059 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,793 |
All other expenses | $473 |
Total functional expenses | $1,004,103 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $279,499 |
Savings and temporary cash investments | $197,141 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $55,882 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $250,457 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $782,979 |
Accounts payable and accrued expenses | $22,569 |
Grants payable | $0 |
Deferred revenue | $10,320 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $32,889 |
Net assets without donor restrictions | $673,348 |
Net assets with donor restrictions | $76,742 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $782,979 |
Over the last fiscal year, Sonoma Valley Education Foundation has awarded $353,310 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
SONOMA VALLEY UNIFIED SCHOOL DISTRICT PURPOSE: Preschool for All | $194,388 |
KIMZIN CREATIVE LLC PURPOSE: Creative Campus | $65,050 |
BOYS AND GIRLS CLUB OF SONOMA VALLEY PURPOSE: Youth Development Internship | $25,222 |
DONORS CHOOSE PURPOSE: Classroom Grants | $25,000 |
SONOMA ECOLOGY CENTER PURPOSE: Outdoor Science Spring & Summer Day Camps | $8,650 |
SVHS MEDIA ARTS PURPOSE: Media Arts | $10,000 |