Santa Ana College Foundation
- Assets
- $13.7m
- Revenue
- $1.3m
- Investments
- $11.4m
- Employees
- 0
- Location
- Santa Ana, CA
- Founding
- 05/1968
- Data as of
- 06/2023
- EIN
- 95-6209198
Organization Overview
Santa Ana College Foundation is located in Santa Ana, CA. The organization was established in 1968. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, 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. Santa Ana College 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 06/2023, Santa Ana College Foundation generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $1.6m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO MAINTAIN, EXPAND AND ENHANCE THE EDUCATIONAL OPPORTUNITIES OF SANTA ANA COLLEGE BY LINKING COMMUNITY ORGANIZATIONS, BUSINESSES, FUNDING SOURCES, ALUMNI AND STAFF, THUS PRESERVING OUR NEAR CENTURY OF "A HISTORY OF SUCCESS, A FUTURE PROMISE."
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP PAYMENTS TO STUDENTS OF SANTA ANA COLLEGE
THE ORGANIZATION PROVIDES SUPPLEMENTAL EDUCATIONAL PROGRAM SUPPORT FOR THE SANTA ANA COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Madeline Grant Member | Trustee | 2 | $0 |
Jayne C Munoz Member | Trustee | 2 | $0 |
Rossina Gallegos President | OfficerTrustee | 2 | $0 |
Mark Mcloughlin Vice President | OfficerTrustee | 2 | $0 |
Ed Halverson Treasurer | OfficerTrustee | 2 | $0 |
Ken Purcell Chairman | OfficerTrustee | 2 | $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 | $808,958 |
| Noncash contributions included in lines 1a–1f | $8,135 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $808,958 |
| Total Program Service Revenue | $31,947 |
| Investment income | $344,192 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$45,508 |
| Net Income from Fundraising Events | $150,433 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,290,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $968,272 |
| 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 | $208,160 |
| 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 | $1,848 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $55,109 |
| Fees for services: Other | $108,956 |
| Advertising and promotion | $6,731 |
| Office expenses | $40,576 |
| Information technology | $19,562 |
| 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 | $7,096 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $561 |
| Insurance | $0 |
| All other expenses | $11,265 |
| Total functional expenses | $1,626,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,837,625 |
| Savings and temporary cash investments | $292,445 |
| Pledges and grants receivable | $150,787 |
| 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 | $50 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $11,446,140 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,727,047 |
| Accounts payable and accrued expenses | $162,029 |
| 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 | $162,029 |
| Net assets without donor restrictions | $1,628,128 |
| Net assets with donor restrictions | $11,936,890 |
| 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 | $13,727,047 |