2019-11-15T19:51:46-06:00 2018-12-31 562306396 BEACH FREEMAN LIM & CLELAND LLP 861 PARKVIEW DR N SUITE 200 EL SEGUNDO CA 90245 990 2018-01-01 330470935 REDONDO BEACH EDUCATIONAL FOUNDATION REDO 3109542004 409 N PACIFIC COAST HIGHWAY NO 310 REDONDO BEACH CA 90277 HANH ARCHER PRESIDENT 3109542004 2019-11-15 1 DOUGLAS BEACH P00367149 3104471234 159.100.168.41 2019-11-15 19:09:26 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C05A0D5E77259BBBAC35FB787678276E7F9519F4 2018 2020-03-31 21:24:44Z HANH ARCHER 409 N PACIFIC COAST HIGHWAY NO 310 REDONDO BEACH CA 90277 1997998 0 X WWW.RBEF.ORG X 1992 CA SEE SCHEDULE O. 10 10 104 50 0 0 1229104 1442105 433417 447518 681 977 0 0 1663202 1890600 1108345 1148955 0 0 91795 392796 0 0 103027 394157 108540 1594297 1650291 68905 240309 697150 938509 0 1050 697150 937459 SEE SCHEDULE O. 0 0 1151698 1148955 0 THE REDONDO BEACH EDUCATIONAL FOUNDATION ("RBEF") IN PARTNERSHIP WITH INDIVIDUALS, COMMUNITY BUSINESSES, AND CORPORATIONS PROVIDED ADDITIONAL FUNDING NEEDED TO ENHANCE THE EDUCATIONAL EXPERIENCE IN SUCH PROGRAMS AS MUSIC, SCIENCE, AND TECHNOLOGY TO ALL CHILDREN IN THE REDONDO BEACH UNIFIED SCHOOL DISTRICT ("RBUSD") . 324551 447518 RBEF ADMINISTERS THE RBUSD STUDENT SUMMER SESSION PROGRAMS FOR ACADEMICS AT THE ELEMENTARY, MIDDLE AND HIGH SCHOOL LEVELS, AS WELL AS SUMMER ATHELTIC PROGRAMS (REFERRED TO AS THE SEA HAWK FOUNDATION) FOR THE HIGH SCHOOL SPORTS PROGRAMS. 1476249 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 104 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 CA X TARA HITZIG 3109542004 3401 INGLEWOOD AVENUE REDONDO BEACH CA 90278 SHARON DAY TREASURER 1.00 X X 0 0 0 EJ CALDWELL VICE PRESIDENT 1.00 X 0 0 0 HANH ARCHER PRESIDENT 20.00 X X 0 0 0 COLLEEN WOLF BOARD MEMBER 1.00 X 0 0 0 DAVID COE SECRETARY 1.00 X X 0 0 0 CHAD CASTLE BOARD MEMBER 1.00 X 0 0 0 SARAH OLKO BOARD MEMBER 1.00 X 0 0 0 MATTHEW CARRIER BOARD MEMBER 1.00 X 0 0 0 TERESA KLINKNER BOARD MEMBER 1.00 X 0 0 0 ROBYN TOTH BOARD MEMBER 1.00 X 0 0 0 RAYMUR FLINN EXECUTIVE DIRECTOR 40.00 X 67167 0 0 67167 0 0 0 0 0 0 0 96471 1345634 1442105 SUMMER SESSION 611600 283359 283359 SEAHAWK SPORT 611600 164159 164159 447518 977 977 107398 96471 107398 0 1890600 448495 0 0 1148955 1148955 67167 67167 317610 237710 29962 49938 8019 1604 2406 4009 11868 11082 786 29239 2251 26988 33136 2424 16402 14310 6371 846 2624 2901 11255 2251 5771 3233 SUMMERSESSION EXPENSES 10000 10000 STRIPE PROCESSING FEES 4947 4947 PAYROLL PROCESSING FEES 1724 345 517 862 1650291 1476249 71015 103027 695286 564211 1864 277320 94078 2900 697150 938509 1050 0 1050 X 697150 927459 10000 697150 937459 697150 938509 240309 0 X 1 X 0 0 0 X 987750 1037166 1233241 1229103 1278256 5765516 987750 1037166 1233241 1229103 1278256 5765516 1782625 3982891 162 1108 317 681 977 3245 5768761 0.69040 0.71230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1925471 107398 107398 1818073 72527 72527 1890600 1757690 107398 107398 1650292 0 1650292 PART X, LINE 2: THE ORGANIZATION IS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE REVENUE TAXATION CODE OF CALIFORNIA. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2018. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO 2015 AND 2014, RESPECTIVELY, ARE CLOSED. THE ORGANIZATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE FROM CASH TO ACCRUAL METHOD PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES SPRING GALA 156259 73844 82415 GOLF TOURNAMENT 47610 22627 24983 203869 96471 107398 107398 1 REDONDO BEACH UNIFIED 1401 INGLEWOOD AVE REDONDO BEACH CA 90278 330470935 501(C)(3) 1148955 EDUCATIONAL PROGRAMS PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. - THE ORGANIZATION CONDUCTS A PRE-GRANT REVIEW WITH REDONDO BEACH UNIFIED SCHOOL DISTRICT PERSONNEL TO DISCUSS PROGRAMS AND ASSESS THE DISTRICT'S CAPACITY TO UNDERTAKE SUCH PROGRAMS. - THE ORGANIZATION ISSUES A GRANT LETTER TO THE DISTRICT WHICH ESTABLISHES GRANT CONDITIONS. - THE DISTRICT SUBMITS NARRATIVE REPORTS AND ALSO PROVIDES FINANCIAL REPORTS. - ONE OR MORE SITE VISITS ARE UNDERTAKEN BY THE ORGANIZATION. FORM 990, PART I, LINE 1 & PART III, LINE I: MISSION STATEMENT: THE ORGANIZATION WAS FORMED BY CONCERNED PARENTS AND COMMUNITY LEADERS TO PROVIDE SUPPLEMENTAL FINANCIAL SUPPORT TO THE REDONDO BEACH UNIFIED SCHOOL DISTRICT TO ENRICH THE EDUCATIONAL EXPERIENCE OF ALL STUDENTS IN THE DISTRICT. ALL FUNDS RAISED BY THE ORGANIZATION ARE GIVEN DIRECTLY TO THE SCHOOLS AND/OR SCHOOL DISTRICT TO SAVE CRITICAL PROGRAMS AND STAFF FROM BUDGET CUTS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE FORM 990 IS COMPLETE, THE TREASURER PRESENTS IT TO ALL BOARD MEMBERS. THE 990 IS REVIEWED IN DETAIL BY THE TREASURER, PRESIDENT, VICE PRESIDENT AND ALL BOARD MEMBERS. THE PRESIDENT MAKES ANY 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 12 IF BOARD MEMBERS SENSE THAT A COURSE OF ACTION THEY HAVE PURSUED, OR ARE PRESENTLY PURSING, OR ARE CONTEMPLATING PURSUING MAY INVOLVE THEM IN A CONFLICT OF INTEREST OR APPEARANCE OF A CONFLICT OF INTEREST WITH THE ED FOUNDATION, THEY SHOULD IMMEDIATELY COMMUNICATE THESE FACTS TO THE EXECUTIVE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE FILED FORM 990 AND REVIEWED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.