Hermosa Valley View Pto
- Assets
- $300.5k
- Revenue
- $150.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Hermosa Beach, CA
- Founding
- 09/2002
- Data as of
- 06/2021
- EIN
- 91-2156228
Organization Overview
Hermosa Valley View Pto is located in Hermosa Beach, CA. The organization was established in 2002. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Hermosa Valley View Pto 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, Hermosa Valley View Pto generated $150.2k 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 (4.3%) each year. All expenses for the organization totaled $99.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF HVPTO IS TO ENHANCE AND ENRICH THE EDUCATIONAL EXPERIENCE OF HERMOSA VIEW AND HERMOSA VALLEY STUDENTS BY ENCOURAGING PARENT AND TEACHER PARTICIPATION AND DEVELOPING A CLOSER CONNECTION WITH THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
USE OF MONIES RAISED IS ALLOCATED BACK TO HERMOSA VALLEY AND VIEW SCHOOLS FOR VARIOUS INSTRUCTIONAL ACTIVITIES AND SUPPLIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Giuliana Boyer Deposit Treasurer | Officer | 2 | $0 |
Laura Harris Secretary | Officer | 2 | $0 |
Becky Scholten Co-President | Officer | 5 | $0 |
Suzanne Carroll VP Of Volunteers | Officer | 2 | $0 |
Julie Schmirler VP Operations | Officer | 2 | $0 |
Courtney Shott VP Community Service | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,840 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,817 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,657 |
| Total Program Service Revenue | $0 |
| Investment income | $979 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $115,608 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $150,244 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $68,561 |
| Grants and other assistance to domestic individuals. | $20,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,455 |
| Information technology | $1,524 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $2,154 |
| All other expenses | $4,595 |
| Total functional expenses | $99,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,936 |
| Savings and temporary cash investments | $118,306 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,303 |
| Total assets | $300,545 |
| Accounts payable and accrued expenses | $1,825 |
| 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 | $275 |
| Total liabilities | $2,100 |
| Net assets without donor restrictions | $298,445 |
| Net assets with donor restrictions | $0 |
| 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 | $300,545 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hermosa Valley View Pto has recieved totaling $585.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $585 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pta California Congress Of Parents Teachers & Students Inc Sacramento, CA | $9,082,198 | $3,438,208 |
Barrio Logan College Institute San Diego, CA | $2,959,151 | $2,373,413 |
Investigative Newsource San Diego, CA | $1,931,219 | $2,112,295 |
Challenge Day Oakley, CA | $817,462 | $746,583 |
Tam High Foundation Mill Valley, CA | $2,235,843 | $891,115 |
Portola Valley Schools Foundation Portola Valley, CA | $6,920,086 | $1,100,055 |
Claremont Parent-Faculty Claremont, CA | $1,059,444 | $1,226,763 |
Friends Of Willow Tree Bonsall, CA | $532,002 | $953,888 |
P R I D E Booster Club Inc Paul Revere Middle School Los Angeles, CA | $1,237,420 | $592,629 |
Canet Foundation Sherman Oaks, CA | $13,099,314 | $949,054 |
The Womens Faculty Club Of The University Of California Inc Berkeley, CA | $1,685,423 | $392,622 |
Parents Educators-Teachers & Students In Action Granada Hills, CA | $9,855 | $727,154 |