Alliance College-Ready Public Schools Foundation
- Assets
- $1.9m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 7
- Location
- Los Angeles, CA
- Founding
- 12/2019
- Data as of
- 06/2022
- EIN
- 84-3100099
Organization Overview
Alliance College-Ready Public Schools Foundation is located in Los Angeles, CA. The organization was established in 2019. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2022, Alliance College-Ready Public Schools Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alliance College-Ready Public Schools 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 06/2022, Alliance College-Ready Public Schools Foundation generated $6.9m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $6.9m during the year ending 06/2022. While expenses have increased by 14.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO STRENGTHENING THE COMMUNITY SUPPORT AND INVESTMENT OF OUR SCHOOLS AND SCHOLARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR FISCAL YEAR ENDED JUNE 30, 2022, THE FOUNDATION HAS AWARDED APPROXIMATELY $5,482,939. THESE AWARDS WENT TO ALLIANCE COLLEGE-READY PUBLIC SCHOOLS TO SUPPORT STRATEGIC INITIATIVES OF THE SCHOOLS AND TO PROVIDE COLLEGE SCHOLARSHIPS TO ALLIANCE STUDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine E Suitor Executive Director | Officer | 40 | $221,200 |
David J Stanley VP Of Development | 40 | $186,400 | |
David H Montes Director, Annual Fund & Ev | 40 | $116,300 | |
Jeff Marine Board Chair | OfficerTrustee | 2 | $0 |
Dale Okuno Secretary | OfficerTrustee | 1 | $0 |
Jenn Digrazia Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,882,177 |
| Noncash contributions included in lines 1a–1f | $176,904 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,882,177 |
| Total Program Service Revenue | $0 |
| Investment income | $1,227 |
| 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 | $6,883,984 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,482,939 |
| 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. | $274,159 |
| Compensation of current officers, directors, key employees. | $52,090 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $559,304 |
| Pension plan accruals and contributions | $28,444 |
| Other employee benefits | $63,347 |
| Payroll taxes | $55,438 |
| Fees for services: Management | $47,976 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $224,586 |
| Advertising and promotion | $24,448 |
| Office expenses | $21,039 |
| Information technology | $29,606 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,641 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $85,809 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,943 |
| Insurance | $7,961 |
| All other expenses | $0 |
| Total functional expenses | $6,936,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,593,051 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $337,369 |
| 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 | $5,787 |
| Net Land, buildings, and equipment | $12,357 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,948,564 |
| Accounts payable and accrued expenses | $48,242 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $48,242 |
| Net assets without donor restrictions | $1,088,546 |
| Net assets with donor restrictions | $811,776 |
| 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 | $1,948,564 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alliance College-Ready Public Schools Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Quinn Emanuel Foundation Los Angeles, CA PURPOSE: CHARITABLE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Provenance Duarte, CA | $16,793,106 | $20,000,682 |
Spark Sf Public Schools San Francisco, CA | $15,254,604 | $27,199,561 |
Great Public Schools Now Los Angeles, CA | $20,013,399 | $15,067,311 |
Institute For Supply Management Inc Tempe, AZ | $18,812,365 | $12,909,076 |
Gladstone Foundation San Francisco, CA | $27,923,141 | $22,078,581 |
George Lucas Educational Foundation San Rafael, CA | $6,425,809 | $14,665,129 |
The Parasol Tahoe Community Foundation Inc Incline Village, NV | $97,913,034 | $15,633,796 |
Davidson Institute For Talent Development Incline Village, NV | $2,040,449 | $8,109,259 |
Pueblo Nuevo Education And Development Group Los Angeles, CA | $12,032,883 | $8,677,303 |
Silicon Schools Fund Inc Oakland, CA | $28,590,142 | $9,890,035 |
Alliance College-Ready Public Schools Foundation Los Angeles, CA | $1,948,564 | $6,883,984 |
Stem Next Opportunity Fund San Diego, CA | $10,305,213 | $10,913,896 |