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FIRST SCHOOL FINANCIAL AID TRUST HONORING THE MEMORY OF C MARKMAN: Form 990EZ, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
FIRST SCHOOL FINANCIAL AID TRUST HONORING THE MEMORY OF C MARKMAN (EIN 95-7092089)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-07-24
IRS object ID
201612069349200401
Schema version
2015v2.0
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)
Return2016-07-24T13:19:11-07:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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 Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN957092089EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1First School Financial Aid TrustBusinessNameLine1Txt
Business Name Line2co Charles Marcus CPABusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFIRSBusinessNameControlTxt
Phone3107747116PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 7338AddressLine1Txt
CitySanta MonicaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90406ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKathy BeresPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2016-06-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHARLES J MARCUSPreparerPersonNm
PTINP00235865PTIN
Phone3103955254PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-12-15 16:53:06ZBuildTS

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$119,234GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$40,194ContributionsGiftsGrantsEtcAmt
Investment Income$58InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Fundraising Gross Income$78,982FundraisingGrossIncomeAmt
Special Events Direct Expenses$19,990SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$58,992SpecialEventsNetIncomeLossAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$99,244TotalRevenueAmt
Grants And Similar Amounts Paid$98,220GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$3,450FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$1,595OtherExpensesTotalAmt
Total Expenses$103,265TotalExpensesAmt
Excess Or Deficit For Year-$4,021ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$128,487NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$124,466NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$128,487BOYAmt
EOY$121,466EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
EOY$3,000EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$128,487BOYAmt
EOY$124,466EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$128,487BOYAmt
EOY$124,466EOYAmt
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. Seventeen grants were made to qualifying parents during calendar year 2015.DescriptionProgramSrvcAccomTxt
Grants And Allocations$5,045GrantsAndAllocationsAmt
Program Service Expenses$98,220ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$5,045TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (7 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Kathy Beres
Treasurer2.00$0
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
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
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)
PersonKathy BeresPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11124 17th St 3AddressLine1Txt
CitySanta MonicaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90403ZIPCd
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$10,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30,048CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$36,370CurrentTaxYearMinus1YearAmt
Current Tax Year$40,194CurrentTaxYearAmt
Total$135,112TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$112,527CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$90,693CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$81,358CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$79,305CurrentTaxYearMinus1YearAmt
Current Tax Year$78,982CurrentTaxYearAmt
Total$442,865TotalAmt

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$122,527CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$109,193CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$111,406CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$115,675CurrentTaxYearMinus1YearAmt
Current Tax Year$119,176CurrentTaxYearAmt
Total$577,977TotalAmt

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$577,977PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$36CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$226CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$134CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$147CurrentTaxYearMinus1YearAmt
Current Tax Year$58CurrentTaxYearAmt
Total$601TotalAmt

Post1975 UBTI Post1975UBTIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$36CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$226CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$134CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$147CurrentTaxYearMinus1YearAmt
Current Tax Year$58CurrentTaxYearAmt
Total$601TotalAmt

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$122,563CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$109,419CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$111,540CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$115,822CurrentTaxYearMinus1YearAmt
Current Tax Year$119,234CurrentTaxYearAmt
Total$578,578TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99900PublicSupportCY509Pct
Public Support PY5090.99860PublicSupportPY509Pct
Investment Income CY0.00100InvestmentIncomeCYPct
Investment Income PY0.00140InvestmentIncomePYPct
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$78,982GrossReceiptsEvent1Amt
Gross Revenue Event1$78,982GrossRevenueEvent1Amt
Rent Facility Costs Event1$19,990RentFacilityCostsEvent1Amt
Gross Receipts Total$78,982GrossReceiptsTotalAmt
Gross Revenue Total Events$78,982GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$19,990RentFcltyCostsTotalEventsAmt
Direct Expense Summary Events$19,990DirectExpenseSummaryEventsAmt
Net Income Summary$58,992NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (13 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 $ 79,305Direct Expenses 26,154Net Income $ 53,151
Grants and Similar Amounts Paid In Excess of $5,000.2| Donee's Name: Katia & Oscar Gutierrez | Donee's Address: 2215 10th St Santa Monica CA 90405 | Cash Amount Given: $11000
Grants and Similar Amounts Paid In Excess of $5,000.4| Donee's Name: Erika & Sean Combs | Donee's Address: 3723 Grand View Los Angeles CA 90066 | Cash Amount Given: $9000
Grants and Similar Amounts Paid In Excess of $5,000.9| Donee's Name: Elizabeth Garcia & D. Toribio | Donee's Address: 9601 Sylmar Panorama City CA 91402 | Cash Amount Given: $10000
Grants and Similar Amounts Paid In Excess of $5,000.10| Donee's Name: Heidi Schieble & R. Begley | Donee's Address: 1417 23rd St. Santa Monica CA 90404 | Cash Amount Given: $10000
Grants and Similar Amounts Paid In Excess of $5,000.11| Donee's Name: Carron & Dylan Brown | Donee's Address: 8414 Fordham Rd. Los Angeles CA 90045 | Cash Amount Given: $13400
Grants and Similar Amounts Paid In Excess of $5,000.13| Donee's Name: Maria Murga & J. Rosales | Donee's Address: 2836 S. Rimpau Los Angeles CA 90016 | Cash Amount Given: $6000
Grants and Similar Amounts Paid In Excess of $5,000.15| Donee's Name: Catherine Read-Martin | Donee's Address: 3321 Keystone Los Angeles CA 90034 | Cash Amount Given: $11840
Other Expenses.1012Insurance $1100
Other Expenses.1Office $449
Other Expenses.2Governmental Fees $25
Other Expenses.3Bank Fees $21
Other Assets.1Deposits - Beginning $0 Deposits - Ending $3000

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