FUTURE FOUNDATION OF SACRAMENTO: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- FUTURE FOUNDATION OF SACRAMENTO (EIN 80-0025786)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-10-26
- IRS object ID
- 201832999349300248
- Schema version
- 2017v2.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-10-26T12:30:27-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 462978632 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHAVEZ SILVA & COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 UNIVERSITY AVENUE SUITE 288 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95825 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 800025786 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUTURE FOUNDATION OF | BusinessNameLine1Txt |
| Business Name Line2 | SACRAMENTO INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FUTU | BusinessNameControlTxt |
| Phone | 9162419876 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 425 UNIVERSITY AVE NO 210 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95825 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH MARLOW | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 9162419876 | PhoneNum |
| Signature | 2018-08-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DOROTHEA D SILVA | PreparerPersonNm |
| PTIN | P00538308 | PTIN |
| Phone | 9162734808 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 65.78.184.150 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-08-24 | IPDt |
| IP Tm | 11:39:36 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 1C334B870B272CD860AECA172FF67CAB50B1C4F8 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 1C334B870B272CD860AECA172FF67CAB50B1C4F8 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ELIZABETH MARLOW | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 425 UNIVERSITY AVE | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95825 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $217,875 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FUTUREFOUNDATIONSACRAMENTO.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2003 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | THE FUTURE FOUNDATION OF SACRAMENTO, INC. PROVIDES MENTORING AND SCHOLARSHIP FUNDING TO LOCAL FINANCIALLY QUALIFIED STUDENTS IN SUPPORT OF THEIR COLLEGE EDUCATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Total Volunteers | 22 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $67,208 | PYContributionsGrantsAmt |
| CY Contributions Grants | $99,190 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,127 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,005 | CYInvestmentIncomeAmt |
| PY Other Revenue | $81,086 | PYOtherRevenueAmt |
| CY Other Revenue | $58,569 | CYOtherRevenueAmt |
| PY Total Revenue | $149,421 | PYTotalRevenueAmt |
| CY Total Revenue | $158,764 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $106,327 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $62,080 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $76,292 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $77,534 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $24,129 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,067 | PYOtherExpensesAmt |
| CY Other Expenses | $13,114 | CYOtherExpensesAmt |
| PY Total Expenses | $194,686 | PYTotalExpensesAmt |
| CY Total Expenses | $152,728 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$45,265 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,036 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $444,505 | TotalAssetsBOYAmt |
| Total Assets EOY | $465,467 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,929 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $444,502 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $450,538 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE FUTURE FOUNDATION OF SACRAMENTO PROVIDES 7-YEAR MENTORING AND FINANCIAL NEED SCHOLARSHIP FUNDING TO STUDENTS IN THE SACRAMENTO (CA) AREA. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $104,386 | ExpenseAmt |
| Grant | $62,080 | GrantAmt |
| Desc | THE FOUNDATION PAID $62,080 IN TUITION TO VARIOUS UNIVERSITIES IN THE STATE OF CALIFORNIA AND ILLINOIS FOR STUDENTS IN ITS COLLEGE PROGRAM. | Desc |
| Total Program Service Expenses | $104,386 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 1 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELIZABETH MARLOW | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9162419876 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O 425 UNIVERSITY AVE SUITE 210 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95825 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| MICHAEL ANDERSON | ||||||
| PRESIDENT | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JONATHAN LEDERER | ||||||
| CHIEF FINANCIAL OFFI | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BILL BEVIER | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CRAIG YAMAMOTO | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT LUKE | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LORI FULLER | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ED MILLS | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JIM MCCOLM | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MIKE BUSCHOW | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GRANT NAPEAR | ||||||
| HONORARY BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ELIZABETH MARLOW | ||||||
| EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $65,000 | $0 | $7,159 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $65,000 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $7,159 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $99,190 | AllOtherContributionsAmt |
| Total Contributions | $99,190 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,005 | TotalRevenueColumnAmt |
| Exclusion | $1,005 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $117,680 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $59,111 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $58,569 | TotalRevenueColumnAmt |
| Exclusion | $58,569 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $158,764 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $59,574 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,080 | TotalAmt |
| Program Services | $62,080 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,000 | TotalAmt |
| Program Services | $32,500 | ProgramServicesAmt |
| Management And General | $13,000 | ManagementAndGeneralAmt |
| Fundraising | $19,500 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,159 | TotalAmt |
| Program Services | $3,579 | ProgramServicesAmt |
| Management And General | $1,432 | ManagementAndGeneralAmt |
| Fundraising | $2,148 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,375 | TotalAmt |
| Program Services | $2,688 | ProgramServicesAmt |
| Management And General | $1,075 | ManagementAndGeneralAmt |
| Fundraising | $1,612 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,200 | TotalAmt |
| Management And General | $1,200 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $869 | TotalAmt |
| Fundraising | $869 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,338 | TotalAmt |
| Management And General | $2,338 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,715 | TotalAmt |
| Program Services | $1,715 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| PAYROLL PROCESSING AND | $3,165 | $3,165 | |
| SUPPLIES | $1,824 | $1,824 | |
| WORKERS COMP INSURANCE | $962 | $962 | |
| TRAVEL AND MILEAGE | $588 | $588 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $453 | TotalAmt |
| Management And General | $453 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,728 | TotalAmt |
| Program Services | $104,386 | ProgramServicesAmt |
| Management And General | $24,213 | ManagementAndGeneralAmt |
| Fundraising | $24,129 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $436,622 | BOYAmt |
| EOY | $455,282 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,000 | BOYAmt |
| EOY | $9,990 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$117 | BOYAmt |
| EOY | $195 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $444,505 | BOYAmt |
| EOY | $465,467 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3 | BOYAmt |
| EOY | $14,929 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3 | BOYAmt |
| EOY | $14,929 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $444,502 | BOYAmt |
| EOY | $450,538 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $444,502 | BOYAmt |
| EOY | $450,538 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $444,505 | BOYAmt |
| EOY | $465,467 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $6,036 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $73,815 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $129,195 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $69,406 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $57,708 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $99,190 | CurrentTaxYearAmt |
| Total | $429,314 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $140,794 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $134,665 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $176,370 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $146,795 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $117,680 | CurrentTaxYearAmt |
| Total | $716,304 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $214,609 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $263,860 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $245,776 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $204,503 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $216,870 | CurrentTaxYearAmt |
| Total | $1,145,618 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $75,500 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $106,700 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $201,187 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $103,550 | CurrentTaxYearMinus1YearAmt |
| Total | $486,937 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $75,500 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $106,700 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $201,187 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $103,550 | CurrentTaxYearMinus1YearAmt |
| Total | $486,937 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $658,681 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $799 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,629 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,073 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,127 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,005 | CurrentTaxYearAmt |
| Total | $6,633 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $799 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,629 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,073 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,127 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,005 | CurrentTaxYearAmt |
| Total | $6,633 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $215,408 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $266,489 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $246,849 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $205,630 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $217,875 | CurrentTaxYearAmt |
| Total | $1,152,251 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.57160 | PublicSupportCY509Pct |
| Public Support PY509 | 0.41640 | PublicSupportPY509Pct |
| Investment Income CY | 0.00580 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00600 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMENT | Event1Nm |
| Gross Receipts Event1 | $117,680 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $117,680 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $37,219 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $15,034 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $4,810 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $2,048 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $117,680 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $117,680 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $37,219 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $15,034 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $4,810 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $2,048 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $59,111 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $58,569 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 19 | RecipientCnt |
| Cash Grant | $62,080 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION FOLLOWS A RELATIVELY RIGOROUS SELECTION PROCESS WHEN DETERMINING SCHOLARSHIP RECIPIENTS. THE FOUNDATION'S BOARD OF DIRECTORS IS DIRECTLY INVOLVED IN THE SCREENING AND SELECTION PROCESS, WHILE THE FOUNDATION'S EXECUTIVE DIRECTOR MANAGES THE ONGOING OPERATIONS TO ENSURE THAT STUDENTS ARE MEETING VARIOUS CRITERIA TO MAINTAIN THEIR SCHOLARSHIPS. THE STUDENTS MUST MEET GRADE AND EXTRACURRICULAR ACTIVITY REQUIREMENTS, WHILE THEIR PARENTS MUST REMAIN BELOW A CERTAIN INCOME LEVEL FOR THE STUDENTS TO CONTINUE RECEIVING SCHOLARSHIP FUNDING FOR A MAXIMUM OF $7,000 PER YEAR FOR UP TO FIVE YEARS OF COLLEGE. THE FOUNDATION'S EXECUTIVE DIRECTOR WORKS WITH THE STUDENTS AND FINANCIAL AID OFFICES TO DETERMINE THE ANNUAL FUNDING REQUIREMENTS FROM THE FOUNDATION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | ELIZABETH MARLOW, EXECUTIVE DIRECTOR |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE 990 IS PROVIDED TO EACH BOARD MEMBER FOR REVIEW PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION FOR THE FOUNDATION'S EXECUTIVE DIRECTOR WAS DETERMINED BY REVIEWING PUBLICLY AVAILABLE SALARY DATA FOR SIMILAR ROLES AND RESPONSIBILITIES. PRIOR TO HIRING THE AFOREMENTIONED EXECUTIVE DIRECTOR, THE FOUNDATION CONDUCTED AN INTERVIEW PROCESS AND MET WITH SEVERAL QUALIFIED CANDIDATES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION MAKES ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 FROM YEARS 2015 THROUGH 2016 ARE CURRENTLY AVAILABLE FOR PUBLIC REVIEW AT HTTP://GIVINGEDGE.GUIDESTAR.ORG/. |
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