AUDACIOUS FOUNDATION: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- AUDACIOUS FOUNDATION (EIN 47-4602068)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-13
- IRS object ID
- 202601339349103830
- Schema version
- 2025v4.1
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-13T15:18:52-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 272087941 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MELISSA PETERSEN AND COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 92202 | AddressLine1Txt |
| City | SANTA BARBARA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93190 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 474602068 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Audacious Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AUDA | BusinessNameControlTxt |
| Phone | 8055642186 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 91340 | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 931901340 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Catherine Brozowski | PersonNm |
| Person Title | President/Secretary | PersonTitleTxt |
| Phone | 8055642186 | PhoneNum |
| Signature | 2026-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Melissa Petersen | PreparerPersonNm |
| PTIN | P01072423 | PTIN |
| Phone | 8056948331 | PhoneNum |
| Preparation | 2026-05-13 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,839,310 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $51,660 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $51,660 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $51,660 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $793,761 | NetGainSaleAstRevAndExpnssAmt |
| Cap Gain Net Incm Net Invst Incm | $793,761 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,845,421 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $845,421 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $51,660 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $248,761 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $248,761 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $21,623 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $21,623 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $89,401 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $89,401 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,739 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,185 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $3,554 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $92,562 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $92,562 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $28,062 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $11,846 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $16,216 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $9,596 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $9,596 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $171,569 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $171,569 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $666,313 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $13,031 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $653,282 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $968,227 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $968,227 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,634,540 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $13,031 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,621,509 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $210,881 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $832,390 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $51,660 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $180,708 | CashBOYAmt |
| Cash EOY | $273,602 | CashEOYAmt |
| Cash EOYFMV | $273,602 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $147,240 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $425,955 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $425,955 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $2,901 | AcctRcvblAmt |
| Acct Rcvbl BOY | $4,948 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $2,901 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $2,901 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $2,550,508 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,016,885 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,016,885 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $242,148 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $119,967 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $119,967 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,788 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,788 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $3,125,552 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,839,310 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,839,310 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $13,652 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $28,905 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $13,652 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $28,905 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $3,111,900 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $2,810,405 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,111,900 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,810,405 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,125,552 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,839,310 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,111,900 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $210,881 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,322,781 | SubtotalAmt |
| Other Decreases | $512,376 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,810,405 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Securities | PropertyDesc |
| Acquired | 2016-01-01 | AcquiredDt |
| Sold | 2025-12-31 | SoldDt |
| Gain Or Loss | $793,761 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $793,761 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $793,761 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,570 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $11,570 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $11,570 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,795 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $11,795 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $225 | OverpaymentAmt |
| Applied To ES Tax | $225 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | www.audaciousfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Catherine Brozowski | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8055642186 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 91340 | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93190 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Paul J Orfalea | ||||||||
| PO Box 91340 | Santa Barbara | CA | 93190 | Chair/Treasurer | 5.00 | $0 | $0 | $0 |
| Catherine Brozowski | ||||||||
| PO Box 91340 | Santa Barbara | CA | 93190 | President/Secretary | 30.00 | $248,761 | $44,912 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Grantmaking for Whole Child Education | Description1Txt |
| Expenses1 | $968,227 | Expenses1Amt |
| Description2 | Host an Early Childhood Center Director's Retreat providing networking and professional development around whole child education | Description2Txt |
| Expenses2 | $181,968 | Expenses2Amt |
| Description3 | Hosted a Connecting Children to Nature Retreat providing networking and professional development for nonprofits bringing youth into nature | Description3Txt |
| Expenses3 | $52,580 | Expenses3Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,345,682 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $367,092 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $127,410 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,840,184 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,840,184 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $42,603 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,797,581 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $139,879 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $139,879 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,570 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,570 | TotalTaxAmt |
| Distributable Before Adj | $128,309 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $128,309 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $128,309 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,621,509 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,621,509 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $128,309 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $412,676 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $466,330 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,279,681 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,507,034 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,667,865 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,333,586 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,621,509 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $128,309 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,493,200 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $6,826,786 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $412,676 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,414,110 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $466,330 | ExcessFromYear4Amt |
| Excess From Year3 | $1,279,681 | ExcessFromYear3Amt |
| Excess From Year2 | $1,507,034 | ExcessFromYear2Amt |
| Excess From Year1 | $1,667,865 | ExcessFromYear1Amt |
| Excess From Current Year | $1,493,200 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Paul J Orfalea | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Channel Islands YMCA | ||||||
| 1180 Eugenia Place Suite 104 | Carpinteria | CA | 93013 | PC | transportation for swim lessons at Our Lady of Guadalupe Feb 2 2026 - Mar 30, 2026 | $5,011 |
| Children and Family Resource Services | ||||||
| 3970 La Colina Road Suite 2 | Santa Barbara | CA | 93110 | PC | conclusion of the Future Smiles program, supporting 343 patients enrolled and documenting program tools, successes and evaluation data for potential future use | $95,000 |
| Children and Nature Network | ||||||
| 1611 County Road B West Suite 315 | St Paul | MN | 55113 | PC | Economic Value of Greening Early Care and Education Outdoor Spaces | $27,500 |
| Communities in Schools of Richmond | ||||||
| 100 Everett St | Richmond | VA | 23224 | PC | Matching gift | $258 |
| Explore Ecology | ||||||
| 302 E Cota Street | Santa Barbara | CA | 93101 | PC | "Garden Explorers" cultivating garden education opportunities in early childhood communities, including TK teachers in a three year program | $250,000 |
| Cuyama Elementary School | ||||||
| 2300 CA-166 | New Cuyama | CA | 93254 | PC | Early Childhood Retreat Best Practice Winner | $150 |
| Golden State South MTB | ||||||
| 6206 Westmoreland Place | Goleta | CA | 93117 | PC | expand youth mountain biking including scholarships, clinics, try it out days, and CycleMAYnia events in low to moderate income areas | $45,000 |
| Historic Richmond | ||||||
| 4 E Main Street Ste 1-C | Richmond | VA | 23219 | PC | Matching gift | $258 |
| Hollister School | ||||||
| 401 North Farview Ave | Goleta | CA | 93117 | PC | Early Childhood Retreat Best Practice Winner | $150 |
| Santa Barbara Foundation | ||||||
| 1111 Chapala Street | Santa Barbara | CA | 93101 | PC | 12th Annual School Wellness Summit September 17, 2025 | $3,000 |
| The Foundation Roundtable | ||||||
| PO Box 60157 | Santa Barbara | CA | 93160 | PC | PFE Sponsorship, NPRN, and Roundtable Dues | $6,500 |
| Wilderness Youth Project Incorporated | ||||||
| 2040 Alameda Padre Serra Ste 224 | Santa Barbara | CA | 93103 | PC | REACH Fellowship, supporting first generation college going, lower income youth to achieve their full potential | $503,900 |
| Starr-King Parent-Child Workshop | ||||||
| 1525 1/2 Santa Barbara Street | Santa Barbara | CA | 93101 | PC | Early Childhood Retreat Best Practice Winner | $500 |
| Santa Ynez Valley Botanic Garden | ||||||
| P O Box 1623 | Buellton | CA | 93427 | PC | general operating support, with gratitude for allowing guests to visit for the Early Childhood Retreat | $2,000 |
| Santa Maria Valley YMCA | ||||||
| 3400 Skyway Drive | Santa Maria | CA | 93455 | PC | preschool swim lessons | $2,000 |
| Santa Maria Valley YMCA | ||||||
| 3400 Skyway Drive | Santa Maria | CA | 93455 | PC | preschool swim lessons for 30 children, plus swim lessons for Guadalupe or Santa Maria school children in 2026 | $12,000 |
| Santa Barbara Cottage Hospital Foundation | ||||||
| 400 W Pueblo Street | Santa Barbara | CA | 93101 | PC | HOPE Facilitator and Champion Training for a cohort of Santa Barbara County leaders | $15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $968,227 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $51,660 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $793,761 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other revenue | Desc |
| Exclusion | 14 | ExclusionCd |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $845,421 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $845,421 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Paul Orfalea | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 91340 | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93190 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting fees | CategoryTxt |
| Amt | $4,739 | Amt |
| Net Investment Income | $1,185 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $3,554 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Corporate Securities | StockNm |
| EOY Book Value | $2,016,885 | EOYBookValueAmt |
| EOYFMV | $2,016,885 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 1601 State Street Hotel | FMV | $81,893 | $81,893 |
| Coursebase, LLC | FMV | $38,074 | $38,074 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized loss on investment | Desc |
| Amt | $512,376 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Other expenses | $11,139 | $0 | $0 | $11,139 |
| Insurance | $16,629 | $0 | $0 | $16,629 |
| Program expenses | $141,985 | $0 | $0 | $141,985 |
| Payroll fees | $684 | $0 | $0 | $684 |
| Workers compensation | $1,132 | $0 | $0 | $1,132 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Consultants | CategoryTxt |
| Amt | $92,562 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $92,562 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Taxes and licenses | $11,846 | $11,846 | $0 | $0 |
| Payroll taxes | $16,216 | $0 | $0 | $16,216 |
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