Corte Madera Larkspur Foundation
- Assets
- $921.0k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Larkspur, CA
- Founding
- 04/1987
- Data as of
- 06/2022
- EIN
- 94-2934350
Organization Overview
Corte Madera Larkspur Foundation is located in Larkspur, CA. The organization was established in 1987. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary 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. Corte Madera Larkspur 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, Corte Madera Larkspur Foundation generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 4.2% per year over the past 7 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
PROVIDE FINANCIAL AID AND SUPPORT BY WAY OF GIFTS, GRANTS, OR LOANS FOR SELECTED PROGRAMS TO BE PROVIDED BY SCHOOL DISTRICTS OR OTHER PUBLIC OR PRIVATE ORGANIZATIONS OR GROUPS WHICH FURTHER EDUCATIONAL AND RELATED NEEDS OF MINORS AND ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISED FUNDS TO BRIDGE THE GAP BETWEEN PUBLIC FUNDING AND THE TRUE COSTS OF A WELL-ROUNDED EDUCATION FOR THE STUDENTS IN THE CORTE MADERA LARKSPUR SCHOOL DISTRICT. HELPED TO EDUCATE PARENTS, BUSINESSES, AND CONCERNED RESIDENTS ABOUT THE FINANCIAL REQUIREMENTS OF PROVIDING A STRONG PUBLIC EDUCATION SYSTEM AND THE BENEFITS SHARED BY THE COMMUNITY.THERE WERE APPROXIMATELY 1500 STUDENTS SERVED FROM HALL MIDDLE SCHOOL, NEIL CUMMINS ELEMENTARY SCHOOL, AND THE COVE SCHOOL.
TO SUPPORT QUALITY EDUCATIONAL PROGRAMS IN THE ARTS, MUSIC,SCIENCE, TECHNOLOGY/ENGINEERING AND WELLNESS FOR EACH CHILD IN THE LARKSPUR-CORTE MADERA SCHOOL DISTRICT
TO SUPPORT QUALITY EDUCATIONAL PROGRAMS IN THE ARTS, MUSIC,SCIENCE, TECHNOLOGY/ENGINEERING AND WELLNESS FOR EACH CHILD IN THE LARKSPUR-CORTE MADERA SCHOOL DISTRICT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caroline Searle Secretary | Trustee | 1 | $0 |
Jaime Heaps Vice President | OfficerTrustee | 5 | $0 |
Casey Roberts Vice President | OfficerTrustee | 5 | $0 |
Sara Ryba Executive Dir. | Trustee | 40 | $0 |
Kristina Wilson Vice President | OfficerTrustee | 5 | $0 |
Ben Roberts Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $35,520 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,300,728 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,336,248 |
| Total Program Service Revenue | $0 |
| Investment income | $84 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $278,409 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,614,741 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $910,448 |
| 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. | $99,930 |
| Compensation of current officers, directors, key employees. | $99,930 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $101,874 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,438 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,010 |
| 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 | $529 |
| Advertising and promotion | $2,344 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $9,171 |
| Total functional expenses | $1,231,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $921,047 |
| 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 | $0 |
| Total assets | $921,047 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,194 |
| Total liabilities | $1,194 |
| Net assets without donor restrictions | $0 |
| 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 | $919,853 |
| Total liabilities and net assets/fund balances | $921,047 |
Grants Awarded
Over the last fiscal year, Corte Madera Larkspur Foundation has awarded $1,820,896 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
COMMITTEE FOR EXCELLENT HIGH PURPOSE: SUPPORT MEASURE E PARCEL | $15,000 |
CORTE MADERA LARKSPUR SCHOOLS PURPOSE: ADD'L SUPPORT TO SCHOOL DISTRICT | $895,448 |
COMMITTEE FOR EXCELLENT HIGH PURPOSE: SUPPORT MEASURE E PARCEL | $15,000 |
CORTE MADERA LARKSPUR SCHOOLS PURPOSE: ADD'L SUPPORT TO SCHOOL DISTRICT | $895,448 |