2015-11-16T19:24:23-06:00 2014-12-31 221478099 COHNREZNICK LLP 1900 AVENUE OF THE STARS 28TH FLOOR LOS ANGELES CA 90067 990 2014-01-01 330470935 REDONDO BEACH EDUCATIONAL FOUNDATION REDO 3109542004 409 N PACIFIC COAST HIGHWAY 310 REDONDO BEACH CA 90277 TED CRADDOCK PRESIDENT 3109542004 2015-11-16 1 STEPHEN M DAY P00227737 3108439700 2014 2016-03-07 17:11:31Z TED CRADDOCK 409 N PACIFIC COAST HIGHWAY 310 REDONDO BEACH CA 90277 1354215 0 X WWW.RBEF.ORG X 1992 CA SEE SCHEDULE O. 10 10 85 39 0 0 822587 987750 335609 366293 303 172 -50549 -5190 1107950 1349025 722180 920741 0 0 58717 0 0 0 84733 268039 454730 1048936 1375471 59014 -26446 263409 234873 2090 0 261319 234873 X SEE SCHEDULE O. 0 0 1192584 920741 366293 THE REDONDO BEACH EDUCATIONAL FOUNDATION 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. 1192584 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 85 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 CA X TED CRADDOCK 3109542004 409 N PACIFIC COAST HIGHWAY 310 REDONDO BEACH CA 90277 X WENDI EZZES BOARD MEMBER 1.00 X 0 0 0 DAVID COE BOARD MEMBER 1.00 X 0 0 0 COLLEEN WOLF BOARD MEMBER 1.00 X 0 0 0 EJ CALDWELL BOARD MEMBER 1.00 X 0 0 0 ANTHONY MIRABAL BOARD MEMBER 1.00 X 0 0 0 KRISTINA ZORN BOARD MEMBER 1.00 X 0 0 0 TED CRADDOCK PRESIDENT 20.00 X 0 0 0 SALLY HOUSE-MILLER VICE PRESIDENT 5.00 X 0 0 0 MONIKA L MCCARTHY SECRETARY 2.00 X 0 0 0 SANDRA FUCHS TREASURER 10.00 X 0 0 0 0 0 0 0 0 0 0 0 11175 976575 987750 SUMMER SESSION INCOME 900099 246524 246524 SEAHAWK FOUNDATION INC 900099 119769 119769 366293 172 172 0 11175 5190 -5190 -5190 1349025 366293 0 -5018 920741 920741 6150 6150 48661 48661 4342 4342 2868 2868 2626 2626 11222 3367 7855 PROGRAM EXPENSES 255626 255626 FUNDRAISING EXPENSES 80391 80391 PAYROLL EXPENSES 42834 12850 29984 FTB FILING FEE 10 10 1375471 1192584 98154 84733 91591 60839 171818 171990 2044 263409 234873 2090 2090 0 X 261319 160475 0 74398 0 0 261319 234873 263409 234873 -26446 0 X 1 X 0 0 0 X 260143 564958 696099 822587 987750 3331537 260143 564958 696099 822587 987750 3331537 1417332 1914205 479 583 341 303 162 1868 3333405 0.57420 0.60650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 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, 2014. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO 2011 AND 2010, RESPECTIVELY, ARE CLOSED. THE ORGANIZATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE, THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF INCOME TAX EXPENSE AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. 1 REDONDO BEACH UNIFIED 1401 INGLEWOOD AVE REDONDO BEACH CA 90278 330470935 501(C)(3) 883701 EDUCATIONAL PROGRAMS BEACH CITIES ROBOTICS 624 N GUADALUPE C REDONDO BEACH CA 90277 201960303 501(C)(3) 37040 EDUCATIONAL PROGRAMS 2 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 1: 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 11 THE ORGANIZATION NORMALLY PRESENTS A DRAFT COPY OF THE FORM 990 TO THE EXECUTIVE BOARD MEMBERS (PRESIDENT, VICE-PRESIDENT, TREASURER AND SECRETARY) FOR REVIEW AND APPROVAL, AND ONCE THE FORM IS COMPLETE, THE TREASURER PRESENTS IT TO ALL BOARD MEMBERS. DUE TO TIME CONSTRAINTS, THIS PROCESS WILL TAKE PLACE AFTER THE RETURN IS FILED AT THE BOARD'S NEXT MEETING IN DECEMBER 2015. IF ANY CHANGES ARE REQUIRED, AN AMENDED RETURN WILL BE FILED. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC.