First School Financial Aid Trust Honoring The Memory Of C Markman
- Assets
- $337.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 06/2000
- Data as of
- 12/2023
- EIN
- 95-7092089
Organization Overview
First School Financial Aid Trust Honoring The Memory Of C Markman is located in Santa Monica, CA. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. First School Financial Aid Trust Honoring The Memory Of C Markman 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 12/2023, First School Financial Aid Trust Honoring The Memory Of C Markman generated $161.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $88.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE FIRST SCHOOL FINANCIAL AID TRUST ACHIEVED ITS GOAL IN PROVIDING A VAST NUMBER OF SCHOLARSHIPS FOR CHILDREN TO ATTEND AN EARLY CHILDHOOD SCHOOL IN SANTA MONICA,CA. WITHOUT THE FINANCIAL ASSISTANCE OF THE FUND, THE DONEE FAMILIES WOULD BE FINANCIALLY UNABLE TO PROVIDE FOR THEIR CHILDREN'S ATTENDANCE AT THE FIRST SCHOOL. TWELVE GRANTS WERE MADE TO QUALIFYING PARENTS DURING CALENDAR YEAR 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Israel Trustee | 2 | $0 | |
Kristyn Romans Trustee | 2 | $0 | |
Debra Sunshine Trustee | 2 | $0 | |
Clarissa Hoffman Trustee | 2 | $0 | |
Catherine Myman-Kaplan Trustee | 2 | $0 | |
Sarah Bromell Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,686 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $177 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $104,786 |
| Other Revenue | $0 |
| Total Revenue | $161,649 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,492 |
| Total expenses | $88,392 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $335,056 |
| Other assets | $0 |
| Total assets | $337,556 |
| Total liabilities | $0 |
| Net assets or fund balances | $337,556 |