San Ramon Valley Education Foundation
- Assets
- $212.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Ramon, CA
- Founding
- 03/1998
- Data as of
- 06/2023
- EIN
- 68-0412906
Organization Overview
San Ramon Valley Education Foundation is located in San Ramon, CA. The organization was established in 1998. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. San Ramon 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, San Ramon Valley Education Foundation generated $150.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $100.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION DEDICATED TO RAISING FUNDS AND DETERMINING THE MOST EFFECTIVE USE OF THOSE FUNDS TO HELP MAINTAIN AND ENHANCE THE QUALITY OF EDUCATION AT TWIN CREEKS ELEMENTARY.
Describe the Organization's Program Activity:
Part 3
DEDICATED TO OUR CHILDRENBECAUSE THE LEARNING FUND IS THE ONLY ORGANIZATION OUTSIDE OF THE SCHOOL DISTRICT ITSELF THAT CAN FUND STAFF IN THE SCHOOL, THE VAST MAJORITY OF OUR BUDGET GOES INTO PROGRAMS TO SUPPLEMENT STAFFING. WITH THE MONEY WE RAISE, WE ARE ABLE TO ENSURE THAT MANY IMPORTANT PROGRAMS ARE NOT CUT DUE TO LACK OF FUNDING FROM THE SCHOOL DISTRICT. OUR VOLUNTEERS GIVE US, THE PARENTS OF TWIN CREEKS STUDENTS, A VOICE IN WHAT PROGRAMS ARE IMPORTANT AND SHOULD BE FUNDED.
GOVERNANCEOUR OPERATIONS ARE GOVERNED BY THE SAN RAMON VALLEY EDUCATION FOUNDATION, OF WHICH WE ARE A REGISTERED AFFILIATE. TO MAINTAIN THIS AFFILIATION, THE LEARNING FUND IS REQUIRED TO MEET THE REQUIREMENTS SET FORTH IN THE FOLLOWING DOCUMENT. THESE INCLUDE REQUIREMENTS FOR BONDING BOARD MEMBERS, MAINTAINING SEGREGATION OF DUTIES, AND MAINTAINING TRANSPARENCY IN OUR OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Cranford President | 2 | $0 | |
Adam Crawford Vice President | 2 | $0 | |
Paul Perez Treasurer | 1 | $0 | |
Betty Motts Secretary | 1 | $0 | |
Lou Paulino Fn'l Secretary | 1 | $0 | |
Lauren Janvier Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,647 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,142 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,038 |
| Other Revenue | $0 |
| Total Revenue | $150,827 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $820 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,244 |
| Total expenses | $100,682 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $212,413 |
| Other assets | $0 |
| Total assets | $212,413 |
| Total liabilities | $0 |
| Net assets or fund balances | $212,413 |
Grants Awarded
Over the last fiscal year, San Ramon Valley Education Foundation has awarded $168,747 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TWIN CREEKS ELEMENTARY SCHOOL PURPOSE: School Support | $63,181 |
SAN RAMON VALLEY USD PURPOSE: School Support - Salaries | $105,566 |