Friends Of Marquez
- Assets
- $718.3k
- Revenue
- $866.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Pacific Palisades, CA
- Founding
- 08/1991
- Data as of
- 06/2023
- EIN
- 95-3880554
Organization Overview
Friends Of Marquez is located in Pacific Palisades, CA. The organization was established in 1991. 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. Friends Of Marquez 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, Friends Of Marquez generated $866.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $540.9k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR PURPOSE IS "TO IMPROVE THE QUALITY OF EDUCATION FOR ALL MARQUEZ CHARTER SCHOOL (CONT. SCH O) STUDENTS, BY PLANNING, FUNDING, AND/OR OPERATING SUPPLEMENTAL EDUCATION PROGRAMS TO ENRICH THE CURRICULUM OF BASIC EDUCATION OFFERED TO STUDENTS AT MARQUEZ CHARTER SCHOOL; AND TO CONDUCT FUNDRAISING ACTIVITIES FOR THE SUPPORT OF SUCH PROGRAMS."
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CLASS SIZE REDUCTION BY PAYING FOR ADDITIONAL LOS ANGELES UNIFIED SCHOOL DISTRICT (LAUSD) TEACHERS BEYOND THOSE PROVIDED BY LAUSD TO IMPROVE THE LEARNING PROCESS AND ELEVATE THE QUALITY OF EDUCATION TO MARQUEZ'S STUDENTS. THESE COSTS REPRESENT OUR PAYMENTS TO LAUSD TO REIMBURSE LAUSD FOR THE SALARIES AND BENEFITS OF THESE TEACHERS.
PROVIDE EDUCATIONAL SUPPLIES (FOR EXAMPLE, LAPTOPS AND IPADS FOR INSTRUCTION, BOOKS FOR THE LIBRARY, ETC.) THAT IS NOT COVERED BY LAUSD AS WELL AS OTHER SUPPORT SUCH AS FIELD TRIPS, TECH SUPPORT, AND 5TH GRADE HISTORICAL MUSICALS.
SUPPORT FOR ENRICHMENT CLASSES THAT ARE NOT PROVIDED BY LAUSD. THESE ARE GENERALLY SCIENCE, PE, MUSIC, ART AND ROBOTICS TEACHERS.
PROVIDE FOR ADDITIONAL INSTRUCTIONAL AIDES BEYOND THOSE PROVIDED BY LAUSD TO ASSIST WITH INSTRUCTION AND TEACHING IN THE CLASSROOM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa Poolman Director, Treasurer | OfficerTrustee | 4 | $0 |
Cindy Hanelin Director-Parlimentarian | OfficerTrustee | 1 | $0 |
Nousha Mashkouri Director- Co Secretary | OfficerTrustee | 1 | $0 |
Brian Abbott Director | Trustee | 1 | $0 |
Caitlin Machol Director, President | OfficerTrustee | 7 | $0 |
Sara Goldsmith Director- Co Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $32,893 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $437,959 |
| Noncash contributions included in lines 1a–1f | $18,442 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $470,852 |
| Total Program Service Revenue | $0 |
| Investment income | $9,909 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$28 |
| Net Income from Fundraising Events | $73,506 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,446 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $866,685 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,250 |
| 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. | $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 | $3,273 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,868 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $770 |
| Information technology | $1,520 |
| 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 | $5,252 |
| All other expenses | $4,129 |
| Total functional expenses | $540,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $358,700 |
| Savings and temporary cash investments | $0 |
| 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 | $13,478 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $346,160 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $718,338 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $718,338 |
| 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 | $718,338 |