BETA

SCHOLARS HOPE FOUNDATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
SCHOLARS HOPE FOUNDATION (EIN 33-0905269)
Tax period
2022-07-01 to 2023-06-30
Filed
2023-12-06
IRS object ID
202323409349301307
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-12-06T15:52:02-06:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12875 MICHELLE DRIVE 300AddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92606ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN330905269EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SCHOLARS' HOPE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSCHOBusinessNameControlTxt
Phone7142745142PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111947 VALLEY VIEW ST 5337AddressLine1Txt
CityGARDEN GROVECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92846ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARK CZEPIELPersonNm
Person TitleBOARD TREASURERPersonTitleTxt
Phone7142745142PhoneNum
Signature2023-12-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMARKPersonFirstNm
Person LastCZEPIELPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLISA N RYSSEL CPAPreparerPersonNm
PTINP00643670PTIN
Phone7149781300PhoneNum
Preparation2023-12-04PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCOLLEEN A MENSELPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line111947 VALLEY VIEW ST 5337AddressLine1Txt
CityGARDEN GROVECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92846ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$318,273GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SCHOLARSHOPE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO INSPIRE AND GUIDE OUR YOUTH TO BUILD CONFIDENCE FOR SUCCESS IN HIGHER EDUCATION.SCHOLARS' HOPE FOUNDATION PREPARES STUDENTS THE ACADEMIC AND SOCIAL-EMOTIONAL CHALLENGES OF LIFE. OUR RESEARCHED BASED AND RESULTS DRIVEN CURRICULUM IS MAKING AN UNDENIABLE IMPACT ON YOUTH. THIS IMPACT IS DEMONSTRATED THROUGH HIGHER GPA'S, HIGHER COLLEGE ELIGIBILITY AND PREPAREDNESS FOR THE DEMANDS OF COLLEGE.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee7TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$321,056PYContributionsGrantsAmt
CY Contributions Grants$315,613CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$2,476PYInvestmentIncomeAmt
CY Investment Income$2,660CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$323,532PYTotalRevenueAmt
CY Total Revenue$318,273CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$174,145PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$220,743CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$34,543CYTotalFundraisingExpenseAmt
PY Other Expenses$49,003PYOtherExpensesAmt
CY Other Expenses$79,756CYOtherExpensesAmt
PY Total Expenses$223,148PYTotalExpensesAmt
CY Total Expenses$300,499CYTotalExpensesAmt
PY Revenues Less Expenses$100,384PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$17,774CYRevenuesLessExpensesAmt
Total Assets BOY$729,264TotalAssetsBOYAmt
Total Assets EOY$780,914TotalAssetsEOYAmt
Total Liabilities BOY$76,355TotalLiabilitiesBOYAmt
Total Liabilities EOY$44,996TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$652,909NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$735,918NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO INSPIRE AND GUIDE OUR YOUTH TO BUILD CONFIDENCE FOR SUCCESS IN HIGHER EDUCATION.SCHOLARS' HOPE FOUNDATION PREPARES STUDENTS THE ACADEMIC AND SOCIAL-EMOTIONAL CHALLENGES OF LIFE. OUR RESEARCHED BASED AND RESULTS DRIVEN CURRICULUM IS MAKING AN UNDENIABLE IMPACT ON YOUTH. THIS IMPACT IS DEMONSTRATED THROUGH HIGHER GPA'S, HIGHER COLLEGE ELIGIBILITY AND PREPAREDNESS FOR THE DEMANDS OF COLLEGE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$227,251ExpenseAmt
DescSCHOLARS' HOPE FOUNDATION PREPARES STUDENTS THE ACADEMIC AND SOCIAL-EMOTIONAL CHALLENGES OF LIFE. OUR RESEARCHED BASED AND RESULTS DRIVEN CURRICULUM IS MAKING AN UNDENIABLE IMPACT ON YOUTH. THIS IMPACT IS DEMONSTRATED THROUGH HIGHER GPA'S, HIGHER COLLEGE ELIGIBILITY AND PREPAREDNESS FOR THE DEMANDS OF COLLEGE.Desc
Total Program Service Expenses$227,251TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee7EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COLLEEN MENSELBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7142745142PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line117820 52ND AVEAddressLine1Txt
CitySTANWOODCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98292ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARK CZEPIEL
TREASURER4.00Yes (X)Yes (X)$0$0$0
TONI GREGORY
SECRETARY2.00Yes (X)Yes (X)$0$0$0
RONI ELLIS
CHAIR2.00Yes (X)Yes (X)$0$0$0
STAN MULLIN
VICE CHAIR4.00Yes (X)Yes (X)$0$0$0
CAMERON JALBERT
DIRECTOR2.00Yes (X)$0$0$0
DEDE RAVENHORST MARKEL
DIRECTOR2.00Yes (X)$0$0$0
COLLEEN A MENSEL
PRESIDENT & CEO40.00Yes (X)$107,599$0$19,137
FieldValueIRS element (for citing)
Total Reportable Comp From Org$107,599TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$19,137TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$315,613AllOtherContributionsAmt
Total Contributions$315,613TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,660TotalRevenueColumnAmt
Related Or Exempt Func Income$2,660RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$318,273TotalRevenueColumnAmt
Related Or Exempt Func Income$2,660RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$140,787TotalAmt
Program Services$140,787ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$79,956TotalAmt
Program Services$41,533ProgramServicesAmt
Management And General$14,831ManagementAndGeneralAmt
Fundraising$23,592FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$3,565TotalAmt
Management And General$3,565ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$6,263TotalAmt
Program Services$81ProgramServicesAmt
Management And General$2,263ManagementAndGeneralAmt
Fundraising$3,919FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,167TotalAmt
Program Services$6,828ProgramServicesAmt
Management And General$866ManagementAndGeneralAmt
Fundraising$473FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,255TotalAmt
Program Services$953ProgramServicesAmt
Management And General$1,302ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,160TotalAmt
Program Services$2,160ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$19,137TotalAmt
Program Services$6,428ProgramServicesAmt
Management And General$12,709ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROGRAM REWARDS$19,450$19,450
SUPPLIES$11,737$3,544$1,961$6,232
BANK CHARGES$5,944$5,487$130$327
MISCELLANEOUS$1,078$1,078

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$300,499TotalAmt
Program Services$227,251ProgramServicesAmt
Management And General$38,705ManagementAndGeneralAmt
Fundraising$34,543FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$149,975BOYAmt
EOY$41,383EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$82,048BOYAmt
EOY$215,554EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,687BOYAmt
EOY$494EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$27,911LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$27,911LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,160BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$492,394BOYAmt
EOY$523,483EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$729,264BOYAmt
EOY$780,914EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,703BOYAmt
EOY$2,693EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$74,652BOYAmt
EOY$42,303EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$76,355BOYAmt
EOY$44,996EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$475,803BOYAmt
EOY$558,812EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$177,106BOYAmt
EOY$177,106EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$652,909BOYAmt
EOY$735,918EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$729,264BOYAmt
EOY$780,914EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$17,774ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$34,115NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$31,120PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$544,387CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$348,392CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$333,876CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$321,056CurrentTaxYearMinus1YearAmt
Current Tax Year$315,613CurrentTaxYearAmt
Total$1,863,324TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$544,387CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$348,392CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$333,876CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$321,056CurrentTaxYearMinus1YearAmt
Current Tax Year$315,613CurrentTaxYearAmt
Total$1,863,324TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,064,014SubstantialContributorsTotAmt
Public Support Total170$799,310PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,875CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,326CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,023CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,476CurrentTaxYearMinus1YearAmt
Current Tax Year$2,660CurrentTaxYearAmt
Total$34,360TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years-$17,315CurrentTaxYearMinus4YearsAmt
Total-$17,315TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$575,000CurrentTaxYearMinus4YearsAmt
Total$575,000TotalAmt
FieldValueIRS element (for citing)
Total Support$2,455,369TotalSupportAmt
Public Support CY1700.32550PublicSupportCY170Pct
Public Support PY1700.36700PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests PY170Yes (X)ThirtyThrPctSuprtTestsPY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$455,072BeginningYearBalanceAmt
Investment Earnings Or Losses$908InvestmentEarningsOrLossesAmt
Other Expenditures$3,358OtherExpendituresAmt
Administrative Expenses$993AdministrativeExpensesAmt
End Year Balance$451,629EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$470,118BeginningYearBalanceAmt
Investment Earnings Or Losses-$9,852InvestmentEarningsOrLossesAmt
Other Expenditures$5,194OtherExpendituresAmt
End Year Balance$455,072EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$531,637BeginningYearBalanceAmt
Contributions$295ContributionsAmt
Investment Earnings Or Losses$118,447InvestmentEarningsOrLossesAmt
Grants Or Scholarships$174,500GrantsOrScholarshipsAmt
Other Expenditures$5,761OtherExpendituresAmt
End Year Balance$470,118EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$540,854BeginningYearBalanceAmt
Investment Earnings Or Losses-$2,352InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,000GrantsOrScholarshipsAmt
Other Expenditures$5,865OtherExpendituresAmt
End Year Balance$531,637EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$521,540BeginningYearBalanceAmt
Contributions$976ContributionsAmt
Investment Earnings Or Losses$26,973InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,000GrantsOrScholarshipsAmt
Other Expenditures$5,635OtherExpendituresAmt
End Year Balance$540,854EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$27,911OtherCostOrOtherBasisAmt
Depreciation$27,911DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
FISCAL INTEREST ENDOWMENT$485,633
OTHER RECEIVABLE$37,850
FieldValueIRS element (for citing)
Total Book Value Other Assets$523,483TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescACCRUED VACATION AND PAYROLLDesc
Amt$42,303Amt
FieldValueIRS element (for citing)
Total Liability$42,303TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2LINE 2 EXPLANATION - COLLEEN MENSEL, THE CEO, IS RELATED TO LAUREN MENSEL, THE SOCIAL MEDIA SPECIALIST. ERIKA ENZ, DIRECTOR OF PROGRAMS AND OPERATIONS IS RELATED TO DEREK ENZ, IT.
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAS 6 MEMBERS DURING THE YEAR.
FORM 990, PART VI, SECTION A, LINE 7ALINE 7A EXPLANATION - FUTURE MEMBERS ARE NOMINATED BY INDIVIDUALS ASSOCIATED WITH THE FOUNDATION, AND ARE ELECTED BY THE EXISTING BOARD MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7BLINE 7B EXPLANATION - DECISIONS ARE VOTED AND APPROVED BY THE BOARD OF DIRECTORS AND THE EXECUTIVE COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 11BLINE 11B EXPLANATION - THE FINANCE COMMITTEE OF THE BOARD REVIEWS THE 990 AND PRESENTS IT TO THE BOARD FOR THEIR REVIEW AND APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12CEACH BOARD MEMBER AND EMPLOYEE COMPLETES A CONFLICT OF INTEREST POLICY FORM EACH YEAR.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE COMMITTEE REVIEWED THE FOLLOWING DOCUMENTS; OPPORTUNITYKNOCKS.ORG'S WAGE & BENEFIT REPORT, AND THE CENTER FOR NON-PROFIT MANAGEMENT'S COMPENSATION AND BENEFITS SURVEY CENTRAL AND SOUTHERN CALIFORNIA. THE SALARIES FOR ALL EMPLOYEES, OTHER THAN THE CEO, ARE REVIEWED BY THE CEO AND THEN PRESENTED TO THE FINANCE COMMITTEE THROUGH THE BUDGET PROCESS AS A BUDGETED EXPENSE. THE EXECUTIVE COMMITTEE REVIEWED THE FOLLOWING DOCUMENTS; OPPORTUNITYKNOCKS.ORG'S WAGE & BENEFIT REPORT, AND THE CENTER FOR NON-PROFIT MANAGEMENT'S COMPENSATION AND BENEFITS SURVEY CENTRAL AND SOUTHERN CALIFORNIA. THE CEO'S COMPENSATION WAS APPROVED BY THE BOARD OF DIRECTORS BY INDEPENDENT VOTE UPON RECOMMENDATION OF THE EXECUTIVE COMMITTEE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND ON ITS WEBSITE.
FORM 990, PART XII, LINE 2C:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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