Goleta Education Foundation
- Assets
- $207.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Goleta, CA
- Founding
- 10/1994
- Data as of
- 06/2021
- EIN
- 77-0223008
Organization Overview
Goleta Education Foundation is located in Goleta, CA. The organization was established in 1994. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goleta 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 06/2021, Goleta Education Foundation generated $69.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $29.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (17.1%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GOLETA EDUCATION FOUNDATION IS DEDICATED TO ENGAGING THE COMMUNITY TO INVEST IN AND ENHANCE AN EXCELLENT EDUCATION FOR ALL STUDENTS ATTENDING SCHOOLS IN THE GOLETA VALLEY.
Describe the Organization's Program Activity:
Part 3
TO ASSIST FURTHER DEVELOPMENT AND EXECUTION OF A COMPREHENSIVE KINDERGARTEN READINESS EFFORT FOR SCHOOLS SERVING CHILDREN AND FAMILIES IN THE GOLETA UNION SCHOOL DISCTRICT (GUSD).
FUNDING FOR NEW PLAYGROUND AT THE LEARNING TREE PRESCHOOL.
EXPANSION OF A BEHAVIOR INTERVENTION PROGRAM THAT DEVELOPS SKILLS FOR TEACHERS, PUPILS, AND PARENTS TO ALLOW FOR CONSTRUCTIVE RESPONSES TO DISRUPTIVE CLASSROOM BEHAVIOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bethany Sutherland Executive Dir. | 10 | $1,850 | |
Brandon Mowery Director | 2 | $0 | |
Mark Jackson Director | 2 | $0 | |
Brady Bustany Director | 2 | $0 | |
Emily Izmirian Director | 6 | $0 | |
Blair Looker Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,059 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $48 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,107 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,850 |
| Professional fees and other payments to independent contractors | $2,462 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,261 |
| Total expenses | $29,573 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $206,658 |
| Other assets | $0 |
| Total assets | $207,498 |
| Total liabilities | $0 |
| Net assets or fund balances | $207,498 |
Grants Awarded
Over the last fiscal year, Goleta Education Foundation has awarded $386,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Barbara, CA PURPOSE: Kindergarten Readiness Program | $181,000 |
Goleta, CA PURPOSE: Kindergarten Readiness Program | $100,000 |
GOLETA UNION SCHOOL DISTRICT PURPOSE: Preschool Playground/ Music Program | $55,000 |
Santa Barbara, CA PURPOSE: Behavior Intervention Program | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Goleta Education Foundation has recieved totaling $20,011.
| Awarding Organization | Amount |
|---|---|
The John C Mithun Foundation Santa Barbara, CA PURPOSE: GENERAL | $15,000 |
Looker Foundation Manhattan Beach, CA PURPOSE: FOR GENERAL PROGRAM FUND. | $2,500 |
Towbes Foundation Santa Barbara, CA PURPOSE: DUAL LANGUAGE IMMERSION BILINGUAL LIBRARY INITIATIVE | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Sequoyah Educational Center Pasadena, CA | $20,565,572 | $11,160,732 |
Bowman International School Palo Alto, CA | $45,582,918 | $10,438,699 |
Tiger Woods Foundation Inc Anaheim, CA | $127,643,602 | $9,849,346 |
Vista College Preparatory Inc Phoenix, AZ | $23,500,378 | $10,120,294 |
Cambridge School San Diego, CA | $38,930,713 | $18,787,986 |
St Andrews Schools Honolulu, HI | $18,554,425 | $12,182,085 |
San Diego French-American School La Jolla, CA | $17,998,377 | $9,329,624 |
Trinity Classical Academy Valencia, CA | $20,292,832 | $8,649,750 |
North Star Charter School Inc Phoenix, AZ | $5,340,720 | $9,866,786 |
Elite Academic Academy - Lucerne Temecula, CA | $2,314,344 | $8,355,892 |
Oakland Military Institute College Preparatory Academy Oakland, CA | $13,208,576 | $11,514,900 |
Big Picture Schools California Inc Fresno, CA | $7,128,569 | $9,645,774 |