Cupertino Educational Endowment EIN 77-0073617 Form 990 (PDF) Claim this org

Cupertino Educational Endowment FY2021 filing

Not yet claimed Claim this org →

Raises funds for excellent educational programs in Cupertino schools. For fiscal year 2021 it reported $413K in revenue, $530K in expenses, and $9.2M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Cupertino, CA
Website
ceefcares.org
Filings
6 on file (2020–2021)
Revenue
$413KFY2021
Expenses
$530K
Net assets
$9.2M
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  77-0073617 Public charity (501(c)(3)) Cupertino, CA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Cupertino Educational Endowment claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Raises funds for excellent educational programs in Cupertino schools.
Leadership
Brian Block · Director
Money in and out
$413K revenue, $530K expenses
Bottom line
88% program efficiency
Where the money goes · FY2021
Total revenue
$413K
Pt VIII · Ln 12
Total expenses
$530K
Pt IX · Ln 25
Net assets
$9.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$116K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.11 Fundraising $0.02
Program efficiency
88%
of spending reaches programs
Operating runway
208.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-28%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$413K
FY2021▲ +205%
Expenses
$530K
FY2021▲ +19%
Total assets
$9.2M
FY2021▲ +29%
Total liabilities
$38K
FY2021▲ +863%
Total revenue
$413K
Pt VIII · Ln 12
Total expenses
$530K
Pt IX · Ln 25
Net assets
$9.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$116K
Total assetsPt X · Ln 16$9.2M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCupertino Educational Endowment
EINHdr · item D77-0073617
Principal addressHdr · item CCupertino, CA
WebsiteHdr · item Jceefcares.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B20J)
Ruling yearIRS BMFSep 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President &
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Meredith Smith’s $68K as Executive Di is at the 59th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Cupertino Educational Endowment executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $464K of program spending, described in the organization's own filed words · FY2020.
01

The foundation provides grants soley to the cupertino union school district (C.U.S.D.)AND its SCHOOLS.THE funding to C.U.S.D. Assists in hiring teacher aids,after school educational and recreational activities and specific educational programs.

$464Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Investment income$276K · 67%
Contributions & grants$138K · 33%
Investment income67%$276K
Contributions & grants33%$138K
Total revenueLn 12$413K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.11 Fundraising $0.02
Program services88%$464K
Management & general11%$56K
Fundraising2%$9K
Total functional expensesLn 25$530K

Balance Sheet

Part X · end of year
CashLn 1$101K
Total assetsLn 16$9.2M
Total liabilitiesLn 26$38K
Total net assetsLn 32$9.2M
Months of cash on handcomputed2.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $9.2M · Operating expenses/yr $530K
208.3 months
Where the money goes
Program services
Program services $464K · Total expenses $530K
88%
Management & General
Management & general $56K · Total expenses $530K
11%
Fundraising
Fundraising $9K · Total expenses $530K
2%
Cost to raise $1
Fundraising expense (2-yr avg) $20K · Solicited contributions (2-yr avg) $78K
$0.26 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $138K · Total revenue $413K
33%
Government reliance
Government grants — · Total revenue $413K
Earned-income share
Program service revenue $0 · Total revenue $413K
0%
Investment reliance
Investment income $276K · Total revenue $413K
+67%
Program self-sufficiency
Program service revenue $0 · Total expenses $530K
0%
Growth & trend
Revenue growth (YoY)
This year $413K · Prior year $136K
+205%
Net-asset trend (YoY)
End of year $9.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $413K · Expenses $530K
-28%
Liabilities-to-Assets
Total liabilities — · Total assets $9.2M
Net-asset ratio
Net assets $9.2M · Total assets $9.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $9.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $9.2M
99%
People & payroll
Highest Reported Total Compensation
Individual Brian Block · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $530K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $530K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 11%
Fundraising cost ratio 7%
Revenue growth 205%
Investment management fee ratio 0.6%

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 · FY2024
See all 6 funders →
Grants paid · 6 grants · $1.9M · 2019–2024
Cupertino Union School DistrictFY2024$458,715
Cupertino Union School DistrictFY2023$271,514
Cupertino Union School DistrictFY2022$328,934
Cupertino Union School DistrictFY2021$104,382
Cupertino Union School DistrictFY2020$451,655
Cupertino Union School DistrictFY2019$293,349

Similar Organizations

Closest in mission — by what they do
See all organizations like Cupertino Educational Endowment →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$786K revenue · ⤓ 990 PDF
FY2024$467K revenue · ⤓ 990 PDF
FY2023$149K revenue · ⤓ 990 PDF
FY2022$879K revenue · ⤓ 990 PDF
FY2021$413K revenue · viewing · ⤓ 990 PDF
FY2020$136K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.