FIRST SCHOOL FINANCIAL AID TRUST HONORING THE MEMORY OF C MARKMAN: Form 990EZ, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- FIRST SCHOOL FINANCIAL AID TRUST HONORING THE MEMORY OF C MARKMAN (EIN 95-7092089)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-02-26
- IRS object ID
- 201330579349200503
- Schema version
- 2012v2.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-26T06:30:58-08:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charles J Marcus CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 7338 | AddressLine1 |
| City | Santa Monica | City |
| State | CA | State |
| ZIP Code | 90406 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 957092089 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | First School Financial Aid Trust | BusinessNameLine1 |
| Business Name Line2 | co Charles Marcus CPA | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FIRS | NameControl |
| Phone | 3107747116 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 7338 | AddressLine1 |
| City | Santa Monica | City |
| State | CA | State |
| ZIP Code | 90406 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Pietro Martini | Name |
| Title | Treasurer | Title |
| Date Signed | 2013-02-21 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHARLES J MARCUS | Name |
| PTIN | P00235865 | PTIN |
| Phone | 3103955254 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | X | MethodOfAccountingCash |
| Schedule B Not Required | X | ScheduleBNotRequired |
| Web Site | N/A | WebSite |
| Organization501c3 | X | Organization501c3 |
| Gross Receipts | 109427 | GrossReceipts |
| Info In Schedule O Part I | X | InfoInScheduleOPartI |
| Contributions Gifts Grants Etc | 18500 | ContributionsGiftsGrantsEtc |
| Investment Income | 234 | InvestmentIncome |
| Cost Other Basis And Sales Expenses | 0 | CostOtherBasisAndSalesExpenses |
| Fundraising Gross Income | 90693 | FundraisingGrossIncome |
| Special Events Direct Expenses | 35320 | SpecialEventsDirectExpenses |
| Special Events Net Income Loss | 55373 | SpecialEventsNetIncomeLoss |
| Cost Of Goods Sold | 0 | CostOfGoodsSold |
| Total Revenue | 74107 | TotalRevenue |
| Grants And Similar Amounts Paid | 67730 | GrantsAndSimilarAmountsPaid |
| Salaries Other Comp Empl Benefits | 16430 | SalariesOtherCompEmplBenefits |
| Fees And Oth Pymt To Ind Contractors | 1800 | FeesAndOthPymtToIndContractors |
| Other Expenses Total | 3756 | OtherExpensesTotal |
| Total Expenses | 89716 | TotalExpenses |
| Excess Or Deficit For Year | -15609 | ExcessOrDeficitForYear |
| Net Assets Or Fund Balances BOY | 95909 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 80300 | NetAssetsOrFundBalancesEOY |
Cash Savings And Investments CashSavingsAndInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95909 | BOY |
| EOY | 80300 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95909 | BOY |
| EOY | 80300 | EOY |
Net Assets Or Fund Balances NetAssetsOrFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95909 | BOY |
| EOY | 80300 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | To provide scholarships to children to attend preschool. | PrimaryExemptPurpose |
Program Service Accomplishment ProgramServiceAccomplishment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Service Accom | The 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. Fourteen grants were made to qualifying parents during calendar year 2012. | DescriptionProgramServiceAccom |
Officer Director Trustee Key Empl OfficerDirectorTrusteeKeyEmpl (5 entries)
| TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|
| Clarissa Hoffman | ||
| Trustee | 0 | 0 |
| Maura Kay | ||
| Trustee | 2.00 | 0 |
| Wendy Bremen | ||
| Trustee | 2.00 | 0 |
| Kim Israel | ||
| Trustee | 2.00 | 0 |
| Pietro Martini | ||
| Treasurer | 2.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRpt |
| Made Changes To Orgnzng Etc Doc | false | MadeChangesToOrgnzngEtcDoc |
| Organization Had UBI | false | OrganizationHadUBI |
| Organization Filed990 T | false | OrganizationFiled990T |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Organization Dissolved Etc | false | OrganizationDissolvedEtc |
| Did Org File Form1120 POL This Year | false | DidOrgFileForm1120POLThisYear |
| Made Loans To From Officers | false | MadeLoansToFromOfficers |
| Initiation Fees And Capital Contri | 0 | InitiationFeesAndCapitalContri |
| Gross Receipts For Public Use | 0 | GrossReceiptsForPublicUse |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTrans |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Pietro Martini | NamePerson |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 551 Grand Ave | AddressLine1 |
| City | Venice | City |
| State | CA | State |
| ZIP Code | 90291 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3107747116 | TelephoneNumber |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccount |
| Foreign Office | false | ForeignOffice |
| Maintain Any Donor Advised Funds | false | MaintainAnyDonorAdvisedFunds |
| Does Org Have Hospital | false | DoesOrgHaveHospital |
| Tanning Services Provided | false | TanningServicesProvided |
| Form720 Filed | false | Form720Filed |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction With Control Entity | false | TransactionWithControlEntity |
| Engage Political Cmpgn Activities | false | EngagePoliticalCmpgnActivities |
| Engage In Lobbying Activities | false | EngageInLobbyingActivities |
| Operating School | false | OperatingSchool |
| Trnsfrs Exempt Non Char Related Org | false | TrnsfrsExemptNonCharRelatedOrg |
| Related Org Section527 Org | false | RelatedOrgSection527Org |
| Part VI Of Comp Of Highest Paid Empl | NONE | PartVIOfCompOfHighestPaidEmpl |
| Part VIA Hghst Paid Cntrct Prof Ser | NONE | PartVIAHghstPaidCntrctProfSer |
| Filed Schedule A | true | FiledScheduleA |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 76885 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 79900 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 41707 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 10000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 18500 | CurrentTaxYear |
| Total | 226992 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 106882 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 88606 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 76231 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 112527 | CurrentTaxYearMinus1Year |
| Current Tax Year | 90693 | CurrentTaxYear |
| Total | 474939 | Total |
Gross Receipts From Non UBI GrossReceiptsFromNonUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Tax Rev Levied For Org Benefit509 TaxRevLeviedForOrgBenefit509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 183767 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 168506 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 117938 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 122527 | CurrentTaxYearMinus1Year |
| Current Tax Year | 109193 | CurrentTaxYear |
| Total | 701931 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 701931 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5765 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1141 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 240 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 36 | CurrentTaxYearMinus1Year |
| Current Tax Year | 226 | CurrentTaxYear |
| Total | 7408 | Total |
Post1975 UBTI Post1975UBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5765 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1141 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 240 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 36 | CurrentTaxYearMinus1Year |
| Current Tax Year | 226 | CurrentTaxYear |
| Total | 7408 | Total |
Net Income From Other UBI NetIncomeFromOtherUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 1016 | CurrentTaxYearMinus3Years |
| Total | 1016 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 189532 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 170663 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 118178 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 122563 | CurrentTaxYearMinus1Year |
| Current Tax Year | 109419 | CurrentTaxYear |
| Total | 710355 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.98810 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.97800 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.01040 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.02070 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Annual Fundraiser Dinner | NameOfEvent1 |
| Gross Receipts Event1 | 88196 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 88196 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 35320 | RentFacilityCostsEvent1 |
| Gross Receipts Total | 88196 | GrossReceiptsTotal |
| Gross Revenue Total Events | 88196 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 35320 | RentFacilityCostsTotalEvents |
| Direct Expense Summary Events | 35320 | DirectExpenseSummaryEvents |
| Net Income Summary | 52876 | NetIncomeSummary |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (15 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990-EZ, Part I, Line 16.8 | Other Expenses.8 | Repair $5 |
| Form 990-EZ, Part I, Line 16.7 | Other Expenses.7 | Computer Expenses $17 |
| Form 990-EZ, Part I, Line 16.6 | Other Expenses.6 | Bank Charges $34 |
| Form 990-EZ, Part I, Line 16.5 | Other Expenses.5 | Supplies $87 |
| Form 990-EZ, Part I, Line 16.4 | Other Expenses.4 | Utilities $210 |
| Form 990-EZ, Part I, Line 16.3 | Other Expenses.3 | Professional Fees $500 |
| Form 990-EZ, Part I, Line 16.2 | Other Expenses.2 | Insurance $1164 |
| Form 990-EZ, Part I, Line 16.1 | Other Expenses.1 | Payroll Service Charges $1739 |
| Form 990-EZ, Part I, Line 10.25 | Grants and Similar Amounts Paid In Excess of $5,000.25 | | Donee's Name: Ines Lopez & P Santiago | Donee's Address: 5616 Homeside Los Angeles, CA 90016 | Cash Amount Given: $5460 |
| Form 990-EZ, Part I, Line 10.22 | Grants and Similar Amounts Paid In Excess of $5,000.22 | | Donee's Name: Dympna & Paul Madeley | Donee's Address: 2853 Federal Los Angels, CA 90064 | Cash Amount Given: $7760 |
| Form 990-EZ, Part I, Line 10.20 | Grants and Similar Amounts Paid In Excess of $5,000.20 | | Donee's Name: Katia & Oscar Gutierrez | Donee's Address: 2215 10th St Santa Monica, CA 90405 | Cash Amount Given: $7500 |
| Form 990-EZ, Part I, Line 10.9 | Grants and Similar Amounts Paid In Excess of $5,000.9 | | Donee's Name: Norma Hernandez & Sergio Hernandez | Donee's Address: 1517 South Mansfield Ave. Los Angeles, CA 90019 | Cash Amount Given: $6810 |
| Form 990-EZ, Part I, Line 10.7 | Grants and Similar Amounts Paid In Excess of $5,000.7 | | Donee's Name: Anjali Dave & Victor Caruso | Donee's Address: 7436 Arizona #4 Los Angeles, CA 90045 | Cash Amount Given: $5700 |
| Form 990-EZ, Part I, Line 10.3 | Grants and Similar Amounts Paid In Excess of $5,000.3 | | Donee's Name: Graciela Lopez & Juan Lopez | Donee's Address: 3981 Sawtelle Los Angeles, CA 90066 | Cash Amount Given: $9680 |
| Client 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 $ 88,196Direct Expenses 35,320Net Income $ 52,876 |
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