Klcs Education Foundation EIN 46-3201162 Form 990 (PDF) Claim this org

Klcs Education Foundation FY2020 filing

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Raises private funds to improve and promote public television services. For fiscal year 2020 it reported $460K in revenue, $21K in expenses, and $928K in net assets.Pt I

Founded
2013
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Los Angeles, CA
Filings
5 on file (2020–2020)
Revenue
$460KFY2020
Expenses
$21K
Net assets
$928K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-3201162 Public charity (501(c)(3)) Los Angeles, CA Founded 2013
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Raises private funds to improve and promote public television services.
Leadership
Anne Supple · Board Member
Money in and out
$460K revenue, $21K expenses
Bottom line
56% program efficiency
Where the money goes · FY2020
Total revenue
$460K
Pt VIII · Ln 12
Total expenses
$21K
Pt IX · Ln 25
Net assets
$928K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $439K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.44
Program efficiency
56%
of spending reaches programs
Operating runway
534.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+95%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$460K
FY2020
Expenses
$21K
FY2020
Total assets
$928K
FY2020
Total liabilities
$68
FY2020
Total revenue
$460K
Pt VIII · Ln 12
Total expenses
$21K
Pt IX · Ln 25
Net assets
$928K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$439K
Total assetsPt X · Ln 16$928K
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKlcs Education Foundation
EINHdr · item D46-3201162
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2013
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A11)
Ruling yearIRS BMFMar 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
VP & Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Klcs Education Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $12K of program spending, described in the organization's own filed words · FY2019.
01

To secure private funds to enhance the services and awareness of public television services offered by KLCS-TV.

$12Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$453K · 99%
Investment income$6K · 1%
Contributions & grants99%$453K
Investment income1%$6K
Other revenue$530
Total revenueLn 12$460K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.44
Program services56%$12K
Management & general44%$9K
Total functional expensesLn 25$21K

Balance Sheet

Part X · end of year
CashLn 1$928K
Total assetsLn 16$928K
Total liabilitiesLn 26$68
Total net assetsLn 32$928K
Months of cash on handcomputed534.6

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $928K · Operating expenses/yr $21K
534.6 months
Where the money goes
Program services
Program services $12K · Total expenses $21K
56%
Management & General
Management & general $9K · Total expenses $21K
44%
Fundraising
Fundraising $0 · Total expenses $21K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $453K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $453K · Total revenue $460K
99%
Government reliance
Government grants — · Total revenue $460K
Earned-income share
Program service revenue $0 · Total revenue $460K
0%
Investment reliance
Investment income $6K · Total revenue $460K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $21K
0%
Growth & trend
Revenue growth (YoY)
This year $460K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $928K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $460K · Expenses $21K
+95%
Liabilities-to-Assets
Total liabilities — · Total assets $928K
Net-asset ratio
Net assets $928K · Total assets $928K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $928K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Anne Supple · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $21K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $21K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 44%
Fundraising cost ratio 0%
Legal fee ratio 28%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$100
Grants paid · 6 grants · $110K · 2020–2024
Omni Entertainment INCFY2020$45,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$506K revenue · ⤓ 990 PDF
FY2023$366K revenue · ⤓ 990 PDF
FY2022$456K revenue · ⤓ 990 PDF
FY2021$478K revenue · ⤓ 990 PDF
FY2020$460K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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