Smart and Final Charitable Foundation FY2021 filing

Tax-deductible

Commerce, CA501(c)(3)Public Safety & DisasterEIN 91-2157561Revenue $1.3M in FY2021

On file with the IRS600 Citadel Dr, 90040-1562 · Commerce, CATax-exempt since Jan 2002Publicly supported charity — 170(b)(1)(A)(vi)

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To provide grants to organizations dedicated to general community Charitable purposes.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $615K a year · 34% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
21 mo
of spending, in cash
Looks good: 21.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$51K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 6 voting members
Concern: none of 6 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
+98% vs prior year
Spent
$892K
To programs
81%
Net assets
$1.6M
By yearFY2020–FY2024
Revenue
$1.3M
FY2021▲ +98%
Tap a bar for its year
Revenue by fiscal year
FY2020$638K
FY2021$1.3M
FY2022$1.3M
FY2023$1.7M
FY2024$4.1M
Expenses
$892K
FY2021▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$934K
FY2021$892K
FY2022$992K
FY2023$1.3M
FY2024$1.8M
Net assets
$1.6M
FY2021▲ +85%
Tap a bar for its year
Net assets by fiscal year
FY2020$862K
FY2021$1.6M
FY2022$1.9M
FY2023$2.3M
FY2024$4.6M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $720K Management & general 11% · $102K Fundraising 8% · $70K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
President & Chairman
$0Pt VII · Sec A
Treasurer and Prin Fin Officer
$0Pt VII · Sec A
Secretary & Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Smart and Final Charitable Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds community charities that serve general charitable purposes.

Questions for Smart and Final Charitable Foundation

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Provided by the organization

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1 program · $720K · in their own filed words · FY2021
01

The organization made grants to community organizations, such as food banks, youth sports organizations, programs for at-risk youth, health and nutrition programs, educational programs and institutions, community development activities, emergency and disaster relief, and other organizations that are tax exempt from federal income tax…

$720Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$5
Grants paid · 73 grants · $1.2M · 2020–2024
City of HopeCA · FY2024$67,449
The Scga FoundationCA · FY2024$30,000
Olive CrestCA · FY2024$29,000
Scholastic Book FairFY2024$28,096
Orange County Council 039CA · FY2024$22,000
Food Finders INCCA · FY2024$20,000
Little League Baseball INCCA · FY2024$15,250
WafcCA · FY2024$15,000
West Valley Food PantryCA · FY2024$13,000
Cystic Fibrosis FoundationMD · FY2024$10,500
The Shade Tree IncorporatedNV · FY2024$10,000
Bay CompassionCA · FY2024$10,000
St Annes Family ServicesCA · FY2024$10,000
See all 73 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Gifts and grantsLn 1h$1.3M
Investment incomeLn 3$2K
Money outPt IX
$892K
Ln 25
Programscol B$720K
Managementcol C$102K
Fundraisingcol D$70K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$1.6M
LiabilitiesLn 26$51K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Fundraising eventsLn 1c$534K
Investment incomeLn 3$2K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
SavingsLn 2$1.6M
Cash and savings togetherLn 1–2$1.6M
Total assetsLn 16$1.6M
LiabilitiesLn 26$51K
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 52
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$797K$1.6M
Total assetsLn 16$862K$1.6M
LiabilitiesLn 26$0$51K
Net assetsLn 32$862K$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$669K$669K
Other salaries and wagesLn 7$102K$51K$31K$20K
Accounting feesLn 11c$12K$12K
Other fees for servicesLn 11g$15K$15K
Office expensesLn 13$25K$25K
Other expenses (24a–d)Ln 24$68K$19K$50K
Total functional expensesLn 25$892K$720K$102K$70K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.1M$1.8M$2.3M$4.6M 990 PDF
FY2023 $1.7M$1.3M$357K$2.3M 990 PDF
FY2022 $1.3M$992K$324K$1.9M 990 PDF
FY2021 Viewing $1.3M$892K$372K$1.6M 990 PDF
FY2020 $638K$934K−$296K$862K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $1,263,782 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $659,346$1,311,341
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,642$2,127
I-11 Other revenuePrior year −$23,436−$49,686
I-12 Total revenuePrior year $637,552$1,263,782
I-13 Grants and similar amounts paidPrior year $720,558$668,883
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $102,000$102,000
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $111,420$120,772
I-18 Total expensesPrior year $933,978$891,655
I-19 Revenue less expensesPrior year −$296,426$372,127
Part VI · Governance 0 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members0
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,263,782 across 6 lines filed
VIII-1c Fundraising events$534,113
VIII-1f All other contributions, gifts and grants$777,228
VIII-1h Total contributions, gifts and grants$1,311,341
VIII-3 Investment incomeExcluded from tax $2,127$2,127
VIII-8 Net income from fundraising eventsExcluded from tax −$49,686−$49,686
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$47,559$1,263,782
Part IX · Statement of functional expenses $891,655 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $668,883$668,883
IX-7 Other salaries and wagesPrograms $51,000 · Management $30,600 · Fundraising $20,400$102,000
IX-11c Accounting feesManagement $12,250$12,250
IX-11g Other fees for servicesManagement $15,237$15,237
IX-13 Office expensesManagement $24,820$24,820
IX-24 Other expenses (24a–d)Management $18,597 · Fundraising $49,868$68,465
IX-25 Total functional expensesPrograms $719,883 · Management $101,504 · Fundraising $70,268$891,655
Part X · Balance sheet $1,641,523 assets, 9 lines filed
X-2 Savings and temporary cash investmentsStart of year $796,611$1,562,474
X-3 Pledges and grants receivable$45,521
X-9 Prepaid expenses and deferred chargesStart of year $65,184$33,528
X-16 Total assetsStart of year $861,795$1,641,523
X-17 Accounts payable and accrued expenses$49,400
X-26 Total liabilitiesStart of year $0$51,228
X-27 Net assets without donor restrictionsStart of year $861,795$1,590,295
X-32 Total net assets or fund balancesStart of year $861,795$1,590,295
X-33 Total liabilities and net assetsStart of year $861,795$1,641,523
Part XI · Reconciliation of net assets $1,590,295 net assets at year end
XI-1 Total revenue$1,263,782
XI-2 Total expenses$891,655
XI-3 Revenue less expenses$372,127
XI-4 Net assets at start of year$861,795
XI-8 Prior period adjustments$346,723
XI-9 Other changes in net assets$9,650
XI-10 Net assets at end of year$1,590,295

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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