2025-04-28T13:15:26-07:00 2024-06-30 813709413 HOFFMAN SHORT AN ACCOUNTANCY CORP 1037 PARK VIEW DR COVINA CA 91724 990 2023-07-01 953885992 EL SEGUNDO EDUCATION FOUNDATION ELSE 3106152650 641 SHELDON STREET EL SEGUNDO CA 90245 RUPESH BHAKTA CFO 2025-04-28 true true Janny Thach P01626996 6269320100 2023 2025-03-06 01:10:19Z 641 SHELDON STREET EL SEGUNDO CA 902453036 2693623 false X WWW.ESEDF.ORG X 1983 CA THE EL SEGUNDO EDUCATION FOUNDATION REPRESENTS A PARTNERSHIP OF BUSINESSES, INDIVIDUALS AND FAMILIES ORGANIZED TO SUPPORT AND ENHANCE PROGRAMS OF THE EL SEGUNDO UNIFIED SCHOOL DISTRICT AND TO PROMOTE EXCELLENCE IN EDUCATION. 25 25 34 80 0 1326884 1477607 290368 144527 24426 160967 550703 555805 2192381 2338906 0 0 399223 333123 0 94381 1898083 1909803 2297306 2242926 -104925 95980 3759328 4085987 317524 231727 3441804 3854260 THE EL SEGUNDO EDUCATION FOUNDATION REPRESENTS A PARTNERSHIP OF BUSINESSES, INDIVIDUALS AND FAMILIES ORGANIZED TO SUPPORT AND ENHANCE PROGRAMS OF THE EL SEGUNDO UNIFIED SCHOOL DISTRICT AND TO PROMOTE EXCELLENCE IN EDUCATION. false false 1919276 ESUSD SUPPORT PROGRAMS PROVIDE FUNDS FOR EDUCATIONAL PROGRAMS AND TECHNOLOGICAL EQUIPMENT FOR OVER 3,400 KINDERGARTEN THROUGH 12TH GRADE STUDENTS OF EL SEGUNDO UNIFIED SCHOOL DISTRICT. 110800 107361 EL SEGUNDO EDUCATION FOUNDATION'S WASC (WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES) ACCREDITED SUMMER ACADEMY PROGRAM PROVIDES ACADEMIC AND ENRICHMENT COURSES TO ALL LEVELS OF STUDENTS OF EL SEGUNDO AND NEIGHBORING CITIES. 68830 37166 SEASIDE STRINGS IS AN INSTRUMENTAL STRINGS PROGRAM AVAILABLE TO ALL 3RD THROUGH 8TH GRADE STUDENTS IN THE ESUSD. THIS FEE-BASED, AFTER-SCHOOL PROGRAM IS AN EXTRACURRICULAR ACTIVITY, OFFERED ONCE A WEEK ACROSS TWO SEMESTERS. 2098906 true true false false false false false false true true false false false false false true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 3 0 true 34 true false false false false false false false 0 false false false false false false false X 25 25 false false false false false false false true true false false true true true true true true true false false CA X DANIELLE CHRISTIAN 3106152650 641 SHELDON STREET EL SEGUNDO CA 902453036 X MICHELLE NIEVES Secretary 1.00 0.00 X X 0 0 0 EREC FITZGERALD Director 1.00 0.00 X 0 0 0 RUPESH BHAKTA CFO 1.00 0.00 X X 0 0 0 BARBARA BRINEY Chairman 1.00 0.00 X X 0 0 0 SHAUN BAPTISTE Director 1.00 0.00 X 0 0 0 CHRISTA CABAN Chairman 1.00 0.00 X X 0 0 0 NEIL CADMAN Director 1.00 0.00 X 0 0 0 DANIELLE CHRISTIAN VICE CHAIR 1.00 0.00 X X 0 0 0 MARSHA HANSON Director 1.00 0.00 X 0 0 0 LILY CRAIG Director 1.00 0.00 X 0 0 0 SHERRY KRAMER Director 1.00 0.00 X 0 0 0 RICH HEISEN Director 1.00 0.00 X 0 0 0 LINDA JOHNSON Director 1.00 0.00 X 0 0 0 LAURA JORDAN Director 1.00 0.00 X 0 0 0 JUDY LAI-YATES Director 1.00 0.00 X 0 0 0 RICHARD LUNDQUIST Director 1.00 0.00 X 0 0 0 SHANNON MAGID Director 1.00 0.00 X 0 0 0 LAUREN WEINBAUM Director 1.00 0.00 X 0 0 0 BRENDA NEWMAN Director 1.00 0.00 X 0 0 0 TIM FREI Director 1.00 0.00 X 0 0 0 MICHELE A ROGERS Director 1.00 0.00 X 0 0 0 CHRISTINE SHERRILL Chairman 1.00 0.00 X X 0 0 0 HEATHER SUTHERLAND Director 1.00 0.00 X 0 0 0 WILLIAM WATKINS Director 1.00 0.00 X 0 0 0 KATHY WILEY Director 1.00 0.00 X 0 0 0 0 false false false 0 136078 1341529 1477607 BAND - ELEMENTARY PROGRAM 611600 SEASIDE STRINGS 611600 37166 37166 SUMMER ENRICHMENT ACADEMY 611600 107361 107361 144527 112926 112926 0 0 0 324248 276207 48041 48041 48041 634315 78510 555805 555805 0 0 0 2338906 305494 555805 0 0 0 0 0 0 333123 218245 36190 78688 0 0 0 0 0 0 0 0 0 0 0 6404 4487 639 1278 8692 6954 869 869 0 0 0 0 0 0 0 0 8537 4605 764 3168 GRANTS 1800000 1800000 PROFESSIONAL FEES 35206 17662 11177 6367 PROGRAM - OTHER COSTS 33129 33129 BANK CHARGES 17083 13373 3710 752 451 301 2242926 2098906 49639 94381 240643 312477 0 0 96 0 0 0 0 0 0 3277415 3733144 0 0 0 241270 40270 3759328 4085987 36150 200000 76254 155307 41270 40270 317524 231727 X 3441804 3854260 3441804 3854260 3759328 4085987 95980 316476 X false true X true false X 1421823 1431945 1306148 1324434 1341529 6825879 0 0 1421823 1431945 1306148 1324434 1341529 6825879 0 6825879 78830 77780 283347 24430 143640 608027 0 0 7433906 0.91820 0.92550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true 41270 1000 40270 true X 3277415 455729 3733144 3017369 260046 3277415 3396885 -379516 3017369 3154197 242688 3396885 3010479 143718 3154197 false false false X 2761996 316476 28104 78510 423090 2338906 2338906 2349540 28104 78510 106614 2242926 2242926 Part IV, Line 1b: Why is organization an agent, trustee, custodian or other intermediary for contrib THE FOUNDATION TEMPORARILY HOLDS FUNDS DESIGNATED FOR SCHOLARSHIPS TO GRADUATING EL SEGUNDO HIGH SCHOOL STUDENTS AND SUCH FUNDS ARE DISPERSED AS DETERMINED BY THE ALUMNI ASSOCIATION.THERE IS ALSO AN AGREEMENT IN WHICH THE FOUNDATION FUNDS MONTHLY PAYROLL FOR BAND TEACHERS AND SUBSEQUENTLY REQUESTS REIMBURSEMENT FROM THE DONOR ORGANIZATION FOR RELATED PAYROLL EXPENSES.THE FOUNDATION IS REQUIRED TO MAINTAIN A SEPARATE BANK ACCOUNT AND ACTS SOLELY AS CUSTODIAN. Part IV, Line 2b: Explanation of escrow account liability THE ACCOUNTS DEEMED AS RECORDED AS AN ESCROW ACCOUNT LIABILITY DESIGNATED SCHOLARSHIPS AND GENERAL SCHOLARSHIPS. THESE SCHOLARSHIPS ARE TO BE PASSED ON TO RECIPIENTS AS SELECTED BY THE STUDENT BODY. THERE THEY ARE TREATED AS A PASSTHROUGH BY THE FOUNDATION. SCHOLARSHIPS ARE TO BE DISTRIBUTED $2K PER YEAR PER THE SCHOLARSHIP POLICIES. Part X : FIN48 Footnote THE FOUNDATION EVALUATES UNCERTAIN TAX POSITIONS WHEREBY THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE TAX POSITIONS WERE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. AS OF YEAR-END, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL OR DISCLOSURE. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 DIRECT FUNDRAISING EVENT EXPENSES $78510 Part XII, Line 2d: Other expenses and losses per audited F/S DIRECT FUNDRAISING EVENT EXPENSES $78510 false GALA 339406 339406 52474 PIER TO PIER 174376 174376 5862 2 120533 120533 20174 634315 634315 78510 78510 555805 Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVEIWED IN DETAIL BY THE CEO, CFO, AND FINANCIAL COORDINATOR. SUBSEQUENTLY, FORM 990 IS DISTRIBUTED TO THE FINANCE COMMITEE WHO REVIEWS, MAKES CHANGES IF NECESSARY, AND APPROVES. ONCE SIGNED, THE FINAL FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS FOR THEIR RECORDS. Form 990, Part VI, Section B, Line 12c THE FOUNDATION REQUIRES ALL OFFICERS AND DIRECTORS TO DISCLOSE A CONFLICT OR DUALITY OF INTEREST PRIOR TO ENTRY INTO ANY FINANCIAL RELATIONSHIP. AN ANNUAL CONFLICT OF INTEREST STATEMENT IS REQUIRED FROM ALL OFFICERS AND DIRECTORS IN THE FIRST QUARTER OF EACH FISCAL YEAR. THE CHIEF FINANCIAL OFFICER IS RESPONSIBLE FOR OBTAINING AND REVIEWING ALL REQUIRED STATEMENTS AND REPORTING IN THIS REGARD TO THE BOARD OF DIRECTORS. THE BOARD MUST APPROVE TRANSACTIONS THAT COULD CONSTITUTE A CONFLICT OF INTEREST. Form 990, Part VI, Section B, Line 15a THE ONLY COMPENSATED TOP MANAGEMENT OFFICIAL OF THE FOUNDATION IS THE CEO. THE EXECUTIVE COMMITTEE NEGOTIATES THE COMPENSATION OF THE CEO BASED ON CURRENT SALARY TRENDS. THE FINAL CEO SALARY AND COMPENSATION PACKAGE IS APPROVED BY THE EXECUTIVE COMMITTEE. Form 990, Part VI, Section C, Line 19 YES, ANNUAL AUDITED FINANCIAL STATEMENTS, TAX FILINGS, AND ANNUAL CONFLICT OF INTEREST POLICY WILL BE (OR HAVE BEEN) DISTRIBUTED TO ALL THE DIRECTORS AND WILL BE POSTED ON THE WEBSITE.