2018-05-11T14:37:23-05:00 2017-06-30 953184251 CLINE CARROLL & BARTELL LLP 9190 IRVINE CENTER DRIVE IRVINE CA 92618 990 2016-07-01 330733191 IRVINE PUBLIC SCHOOLS FOUNDATION IRVI 9492638340 1 POST NO 250 IRVINE CA 92618 NEDA EATON PRESIDENT & CEO 9492638340 2018-05-10 1 RENEE M BARTELL P00956363 9494500555 2016 2022-09-23 18:48:47Z NEDA EATON 1 POST NO 250 IRVINE CA 92618 7930367 0 X WWW.IPSF.NET X 1996 CA SEE STATEMENT O. 20 20 281 250 0 0 3324822 3680225 3964638 3645986 81826 78209 38775 17567 7410061 7421987 1842435 1935545 0 0 2435927 2343255 0 0 766491 2846147 2865489 7124509 7144289 285552 277698 7782171 8718008 3580477 3941094 4201694 4776914 X IRVINE PUBLIC SCHOOLS FOUNDATION'S MISSION IS TO ENRICH THE EDUCATIONAL EXPERIENCE OF EACH CHILD IN EVERY SCHOOL. WE ACHIEVE THIS BY PROVIDING PROGRAMS, RAISING FUNDS, AND UNITING THE COMMUNITY IN SUPPORT OF EDUCATIONAL EXCELLENCE. 0 0 1596571 1596571 CLASSROOM AND HEALTH SUPPORT FOR THE IRVINE UNIFIED SCHOOL DISTRICT. FUNDS WERE GRANTED TO IUSD TO SUPPORT EXTRA TEACHERS AND INSTRUCTIONAL ASSISTANTS TO MITIGATE THE EFFECTS OF LARGER CLASS SIZES, TO PROVIDE AND SUPPORT MUSIC AND SCIENCE INSTRUCTION, TO PROVIDE ATHLETIC TRAINERS, AND TO PROVIDE NURSES AND HEALTH CLERKS, AFFECTING ALL 33,000 STUDENTS IN THE DISTRICT. 1995343 66188 1990528 SUMMER ENRICHMENT ACADEMY (SEA)ENRICHMENT CLASSES OFFERED TO K-12 STUDENTS DURING THE SUMMER, SERVING OVER 6,500 STUDENTS. 969803 61080 886270 AFTERSCHOOL CLASSROOM ENRICHMENT (ACE)ENRICHMENT AND TUTORIAL CLASSES OFFERED BEFORE AND AFTER SCHOOL AT 25 SCHOOLS IN THE DISTRICT SERVING 6,300 STUDENTS. 1229199 211706 769188 IPSF PROVIDES A VARIETY OF ADDITIONAL ENRICHMENT AND SUPPORT PROGRAMS TO THE STUDENTS AND TEACHERS OF IRVINE UNIFIED SCHOOL DISTRICT INCLUDING THE INNOVATIVE GRANTS PROGRAM (PROVIDING GRANTS TO TEACHERS AND COUNSELORS), THE INSTRUMENT RENTAL PROGRAM, THE HONORS CONCERT (SHOWCASING BOTH ORCHESTRAL AND VOCAL STUDENT PERFORMANCES),SPIRIT OF COMMUNITY THE INNOVATIVE TEACHING AWARDS PROGRAM AND THE INNOVATIVE COUNSELING AWARDS PROGRAM (PROVIDING GRANTS TO TEACHERS AND COUNSELORS), THE INSTRUMENT RENTAL PROGRAM, SPIRIT OF COMMUNITY, PARENTS APPRECIATING TEACHERS AND STAFF, TOURNAMENT OF CHAMPIONS HEALTH AND SPORTS PROGRAM, THE SCIENCE AND MATH INITIATIVE, THE FINE ARTS INITIATIVE, THE PROGRAM FOR ADVANCEMENT OF CULTURAL EDUCATION (PROVIDING INFORMATION AND RESOURCES FOR TEACHERS), STEAM FEST PROVIDING ACTIVITIES IN SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATH, AS WELL AS MIDDLE SCHOOL AND HIGH SCHOOL COUNSELING SUPPORT. 1229199 211706 769188 5790916 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 35 2 1 281 1 0 0 0 0 0 1 1 0 0 0 0 X 20 20 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X IRVINE PUBLIC SCHOOLS FOUNDATION 9492638340 1 POST STE 250 IRVINE CA 92618 LUKE SCHELL CHAIR 5.00 X X 0 0 0 RICHARD MASTERSON VICE CHAIR 4.00 X X 0 0 0 MIKE BRELLER TREASURER/FIN COMM CHAIR 4.00 X X 0 0 0 KARL TOKITA SECRETARY 4.00 X X 0 0 0 DIANE KIM RESOURCE DEVELOPMENT CHAIR 2.00 X 0 0 0 GRACE LIN COMMUNITY RELATIONS 2.00 X 0 0 0 MICHAEL DENNIN PROGRAM ASSESSMENT 2.00 X 0 0 0 THAD MARTIN FIRST PAST CHAIR 2.00 X 0 0 0 ALI ABAYE MEMBER 2.00 X 0 0 0 DANNY CHANG MEMBER 2.00 X 0 0 0 KATHY COLAO MEMBER 2.00 X 0 0 0 ERIC HSIAO MEMBER 2.00 X 0 0 0 MICHAEL JAFAR MEMBER 2.00 X 0 0 0 MOHAMMAD RASHIDIAN MEMBER 2.00 X 0 0 0 ELIZABETH RHO MEMBER 2.00 X 0 0 0 DAMON SMITH MEMBER 2.00 X 0 0 0 BEATRICE TSENG-CHEN MEMBER 2.00 X 0 0 0 CHRIS VAN DUSEN MEMBER 2.00 X 0 0 0 DOUG WALKER MEMBER 2.00 X 0 0 0 SHAREEN YOUNG MEMBER 2.00 X 0 0 0 NEDA EATON CHIEF EXECUTIVE OFFICER 40.00 X 197262 0 0 SHERRY SLUNKA CHIEF FINANCIAL OFFICER 40.00 X 129726 0 0 326988 0 0 2 0 1 0 0 655763 1344497 1679965 534069 3680225 EDUCATION PROGRAMS 611710 2876798 2876798 EDUCATION SUPPORT PROG 611710 769188 769188 3645986 69699 69699 351381 342871 8510 8510 8510 149194 655763 148503 691 691 33882 17006 16876 16876 7421987 3645986 0 95776 X 1915545 1915545 20000 20000 328766 58117 144127 126522 1723022 1339295 106707 277020 99954 66090 7855 26009 191513 145325 20812 25376 32723 14738 17985 32271 32271 11447 9376 2071 352937 303383 25948 23606 59465 48454 7249 3762 96077 58695 37382 97890 88742 6681 2467 57634 35804 18827 3003 CONSULTANTS 512602 508939 2863 800 EDUCATIONAL PROGRAM EXP 499016 499016 TEACHERS, NON-SALARIED 442468 442468 IN KIND CONTRIBUTIONS 375919 215995 150674 9250 295040 20934 5430 268676 7144289 5790916 586882 766491 3165642 3570808 1306095 1351698 31835 33306 1074505 802724 304545 271781 2964569 3480930 9485 9485 7782171 8718008 2254528 2396772 1274882 1491803 51067 52519 3580477 3941094 X 3774529 4081258 407115 675606 20050 20050 4201694 4776914 7782171 8718008 277698 297522 0 X X 0 1 X 1 0 X 1697466 1688872 2316098 2284981 2648543 10635960 1697466 1688872 2316098 2284981 2648543 10635960 990175 9645785 117237 121886 151310 116247 69699 576379 11212339 17897250 0.86030 0.84660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 24731 3076 276 27531 24986 -21 234 24731 25216 36 266 24986 21288 1250 2917 239 25216 18426 1150 1923 211 21288 0.00000 0.78000 0.22000 1 0 1074505 802724 271781 271781 IEEF PAYABLE 52519 52519 7719509 297522 297522 7421987 0 7421987 7144289 0 7144289 0 7144289 PART V, LINE 4: THE IPSF ENDOWMENT FUNDS WILL BE USED TO ENSURE FINANCIAL SECURITY FOR THE ORGANIZATION AND ENABLE ONGOING FUNDING FOR IPSF PROGRAMS. NO FUNDS HAVE BEEN TAKEN FROM THE ENDOWMENT SINCE ITS ESTABLISHMENT. GOLF TOURNAMENT 115824 88354 27470 22421 GALA 657876 553962 103914 126082 1 31257 13447 17810 804957 655763 149194 148503 148503 691 33882 17006 1 0.90000 33882 17006 17006 16876 CA 1 0 1 0 1.00000 SHERRY SLUNKA CFO OF IPSF 1 POST IRVINE CA 92618 0 MICHELLE LEVASSEUR 0 KEEPS TRACK OF REGISTRATION X 1 30494 1 IUSD-IRVINE UNIFIED SCHOOL DISTRICT 5050 BARRANCA PARKWAY IRVINE CA 92604 952798223 501(C)3 1766293 EXTRA TEACHERS, INSTRUCTIONAL ASSISTANTS, ATHLETIC TRAINERS, NURSES,SUPPORT OF ART, MATH, MUSIC, SCIENCE, AND GRANTS TO TEACHERS AND SCHOOLS. IUSD-IRVINE UNIFIED SCHOOL DISTRICT 5050 BARRANCA PARKWAY IRVINE CA 92604 952798223 501(C)3 149252 FAIR MARKET VALUE SCHOOL SUPPLIES MATH, MUSIC, CURRICULUM AND CLASSROOM SUPPORT SCHOLARSHIPS PAID DIRECTLY TO COLLEGES (1 @ $10,000) 1 10000 FMV SCHOLARSHIPS PAID DIRECTLY TO COLLEGES (2 @ $5,000) 2 10000 FMV PART I, LINE 2: IPSF REGULARLY REQUESTS INFORMATION FROM IUSD DOCUMENTING THE ACTUAL USE AND EXPENDITURE OF FUNDS GRANTED FOR SPECIFIC PURPOSES. X X X X X X 0 0 0 0 0 0 0 0 0 NEDA EATON CHIEF EXECUTIVE OFFICER 164655 0 13000 0 19607 0 0 0 0 0 197262 0 0 0 X LEGAL SERVICES FOR THE YEAR 1 134258 COMPARABLE SALES X FUND RAISING-GALA 89 130379 COMPARABLE SALES X EDUCATIONAL-INSTRUMENT RENTAL 38 125459 COMPARABLE SALES X COMMUNITY RELATIONS 3 21852 COMPARABLE SALES X EDUC SUPPORT-ITAP 2 20575 COMPARABLE SALES X EDUC SUPPORT-SPIRIT OF COMMUNITY 6 18530 COMPARABLE SALES X RENT 1 16416 COMPARABLE SALES X EDUCATIONAL-STEAM 19 15491 COMPARABLE SALES X FUND RAISING-GOLF 24 14324 COMPARABLE SALES X FUND RAISING-SPECIAL EVENTS 18 13447 COMPARABLE SALES X EDUCATIONAL-ACE 11 9733 COMPARABLE SALES X FUND RAISING-COMM & CORP 3 9250 COMPARABLE SALES X UNRESTRICTED 6 4355 COMPARABLE SALES 0 0 0 FORM 990 PART 1 SUMMARY. LINE 1. ORGANIZATION'S MISSION: IRVINE PUBLIC SCHOOLS FOUNDATION'S MISSION IS TO ENRICH THE EDUCATIONAL EXPERIENCE OF EACH CHILD IN EVERY SCHOOL. WE ACHIEVE THIS BY PROVIDING PROGRAMS, RAISING FUNDS, AND UNITING THE COMMUNITY IN SUPPORT OF EDUCATIONAL EXCELLENCE. FORM 990, PART VI, SECTION A, LINE 4 THE ARTICLES OF INCORPORATION WERE REVISED TO IDENTIFY AN EXEMPT PURPOSE MORE CLEARLY CONSISTENT WITH THE ORGANIZATION'S RANGE OF ACTIVITIES AND PROGRAMS. THE ORGANIZATION'S BY-LAWS WERE REVISED TO BE CONSISTENT WITH THE REVISED ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED VIA E-MAIL TO ALL BOARD OF TRUSTEE MEMBERS BEFORE FILING. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, INCLUDING THE BOARD TREASURER, REVIEWED ALL SECTIONS, AS DID THE CHIEF FINANCIAL OFFICER AND THE AUDIT COMMITTEE, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY REQUIRES THE ANNUAL COMPLETION OF A CONFLICT OF INTEREST STATEMENT FROM ALL BOARD OF TRUSTEES AND STAFF. STAFF DISCLOSE POTENTIAL CONFLICTS TO THE CHIEF EXECUTIVE OFFICER, WITH THE EXCEPTION OF THE CHIEF EXECUTIVE OFFICER WHO DISCLOSES ANY POTENTIAL CONFLICTS TO THE BOARD OF TRUSTEES CHAIR. BOARD OF TRUSTEE MEMBERS DISCLOSE ANY POTENTIAL CONFLICTS TO THE SECRETARY OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR REVIEWING AND DEALING WITH ANY INFORMATION PERTINENT TO THIS ISSUE AND TAKING APPROPRIATE ACTION, IF REQUIRED, INCLUDING TAKING THE ISSUE TO THE FULL BOARD OF TRUSTEES IF DEEMED NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES RESEARCHED THREE REPUTABLE SALARY SURVEYS, REVIEWED COMPARABLE ORGANIZATIONS FROM THE SAME GEOGRAPHIC AREA, AND CONSULTED AN INDEPENDENT ADVISOR BEFORE DETERMINING THE CHIEF EXECUTIVE OFFICER SALARY, SALARY SURVEYS AND COMPARABLES ARE ALSO USED BY THE BOARD OF TRUSTEES FOR OTHER KEY EMPLOYEE SALARIES, AND ALL RANGES ARE REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE AND A BOARD APPOINTED COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE ONLINE AND BY REQUEST. ADDITIONAL GOVERNING DOCUMENTS, INCLUDING THE ORGANIZATIONS ANNUAL AUDIT, BYLAWS, AND CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE ON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 9,376. MANAGEMENT AND GENERAL EXPENSES 1,795. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,171. MANAGEMENT FEES ON OCCF ENDOWMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 276. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 276. FORM 990, PART IX, LINE 24E FUND RAISING EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 268,676. TOTAL EXPENSES 268,676. REPAIR & MAINTENANCE: PROGRAM SERVICE EXPENSES 15,054. MANAGEMENT AND GENERAL EXPENSES 1,050. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,104. TELEPHONE: PROGRAM SERVICE EXPENSES 5,880. MANAGEMENT AND GENERAL EXPENSES 4,210. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,090. TAXES & LICENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 170. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 170. FORM 990, PART XII, LINE 2C REVIEW OF AUDITED FINANCIAL STATMENTS THERE HAS BEEN NO CHANGE TO THE REVIEW PROCESS OF THE AUDITED FINANCIAL STATEMENTS. THE AUDIT COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENTS AND PRESENTS THEM TO THE BOARD OF TRUSTEES FOR APPROVAL. THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT AUDITOR.