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FIRST SCHOOL FINANCIAL AID TRUST HONORING THE MEMORY OF C MARKMAN: Form 990EZ, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
FIRST SCHOOL FINANCIAL AID TRUST HONORING THE MEMORY OF C MARKMAN (EIN 95-7092089)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-05-31
IRS object ID
201941519349200724
Schema version
2018v3.1
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)
Return2019-05-31T17:50:48-07:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN743255903PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Charles J Marcus CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 7338AddressLine1Txt
CitySanta MonicaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90406ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN957092089EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1First School Financial Aid TrustBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFIRSBusinessNameControlTxt
Phone3107747116PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1731 Pine StAddressLine1Txt
CitySanta MonicaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90405ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKristyn RomansPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2019-05-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHARLES MARCUSPreparerPersonNm
PTINP00235865PTIN
Phone4243228030PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Gross Receipts$155,837GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$20,683ContributionsGiftsGrantsEtcAmt
Investment Income$51InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Fundraising Gross Income$135,103FundraisingGrossIncomeAmt
Special Events Direct Expenses$29,768SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$105,335SpecialEventsNetIncomeLossAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$126,069TotalRevenueAmt
Grants And Similar Amounts Paid$84,640GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$4,600FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$1,061OtherExpensesTotalAmt
Total Expenses$90,301TotalExpensesAmt
Excess Or Deficit For Year$35,768ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$152,645NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$188,413NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$149,145BOYAmt
EOY$183,913EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$3,500BOYAmt
EOY$4,500EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$152,645BOYAmt
EOY$188,413EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$152,645BOYAmt
EOY$188,413EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeTo provide scholarships to children to attend preschool.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomThe 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. Sixteen grants were made to qualifying parents during calendar year 2018.DescriptionProgramSrvcAccomTxt
Grants And Allocations$29,768GrantsAndAllocationsAmt
Program Service Expenses$84,640ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$29,768TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (7 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Kim Israel
Trustee2.00$0
Kristyn Romans
Trustee2.00$0
Debra Sunshine
Trustee2.00$0
Clarissa Hoffman
Trustee2.00$0
Catherine Myman-Kaplan
Trustee2.00$0
Sarah Bromell
Trustee2.00$0
Katie Rivera
Treasurer2.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Organization Filed990 TfalseOrganizationFiled990TInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Initiation Fees And Cap Contri$0InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$0GrossReceiptsForPublicUseAmt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKatie RiveraPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1330 S BarringtonAddressLine1Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90049ZIPCd
FieldValueIRS element (for citing)
Phone2134481340PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Form720 FiledfalseForm720FiledInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Related Org Sect527 OrgfalseRelatedOrgSect527OrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$36,370CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$40,194CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,526CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,025CurrentTaxYearMinus1YearAmt
Current Tax Year$20,683CurrentTaxYearAmt
Total$119,798TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$79,305CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$78,982CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$109,115CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$104,456CurrentTaxYearMinus1YearAmt
Current Tax Year$123,385CurrentTaxYearAmt
Total$495,243TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$115,675CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$119,176CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$119,641CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$116,481CurrentTaxYearMinus1YearAmt
Current Tax Year$144,068CurrentTaxYearAmt
Total$615,041TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$615,041PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$147CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$58CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$51CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$51CurrentTaxYearMinus1YearAmt
Current Tax Year$51CurrentTaxYearAmt
Total$358TotalAmt

Post1975 UBTI Post1975UBTIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$147CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$58CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$51CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$51CurrentTaxYearMinus1YearAmt
Current Tax Year$51CurrentTaxYearAmt
Total$358TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$115,822CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$119,234CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$119,692CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$116,532CurrentTaxYearMinus1YearAmt
Current Tax Year$144,119CurrentTaxYearAmt
Total$615,399TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99940PublicSupportCY509Pct
Public Support PY5090.99920PublicSupportPY509Pct
Investment Income CY0.00060InvestmentIncomeCYPct
Investment Income PY0.00080InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Annual Fundraiser DinnerEvent1Nm
Gross Receipts Event1$123,385GrossReceiptsEvent1Amt
Gross Revenue Event1$123,385GrossRevenueEvent1Amt
Rent Facility Costs Event1$18,949RentFacilityCostsEvent1Amt
Entertainment Event1$1,000EntertainmentEvent1Amt
Other Direct Expenses Event1$7,284OtherDirectExpensesEvent1Amt
Event2Misc. FundraisingEvent2Nm
Gross Receipts Event2$11,718GrossReceiptsEvent2Amt
Gross Revenue Event2$11,718GrossRevenueEvent2Amt
Rent Facility Costs Event2$2,535RentFacilityCostsEvent2Amt
Gross Receipts Total$135,103GrossReceiptsTotalAmt
Gross Revenue Total Events$135,103GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$21,484RentFcltyCostsTotalEventsAmt
Entertainment Total Events$1,000EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$7,284OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$29,768DirectExpenseSummaryEventsAmt
Net Income Summary$105,335NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Client Note 1Client Note 1 - Statement of special events:A) Annual Fundraiser Dinner: The organization's main event consisting of dinner, music, entertainment, and an auction of goods and services. This event is the main source of the organization's scholarship funds.Financial Summary:Gross Receipts $ 123,385Direct Expenses 29,768Net Income $ 93,617
Grants and Similar Amounts Paid In Excess of $5,000.5| Donee's Name: Antonia & Israel Martinez | Donee's Address: 2627 S. Mansfield Los Angeles CA 90016 | Cash Amount Given: $5940
Grants and Similar Amounts Paid In Excess of $5,000.6| Donee's Name: Nooshin & Igal Bakshandeh | Donee's Address: 1538 N. Martel Los Angeles CA 90046 | Cash Amount Given: $11150
Grants and Similar Amounts Paid In Excess of $5,000.10| Donee's Name: Graceila & Juan Lopez | Donee's Address: 3981 Sawtelle Los Angeles CA 90066 | Cash Amount Given: $8400
Grants and Similar Amounts Paid In Excess of $5,000.16| Donee's Name: A. Lopez & R. Perez | Donee's Address: 11715 Palms #1 Los Angeles CA 90066 | Cash Amount Given: $13600
Grants and Similar Amounts Paid In Excess of $5,000.17| Donee's Name: C. Calderon & C Strong | Donee's Address: 18645 Hatteras Tarzana CA 91356 | Cash Amount Given: $9800
Grants and Similar Amounts Paid In Excess of $5,000.19| Donee's Name: Norma & Sergio Hernandez | Donee's Address: 1517 Mansfield Los Angeles CA 90019 | Cash Amount Given: $9600
Other Expenses.1012Insurance $1000
Other Expenses.1Governmental Fees $55
Other Expenses.2Bank Fees $6
Other Assets.1Deposits - Beginning $3500 Deposits - Ending $4500

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