Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1982.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
81 cents of each dollar spent went to programs.
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
16 people listed on the 990; $97K paid to officers and key staff.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Michelle Gilmore | — | $139,598 | — | — |
| Michelle R Gilmore | — | — | $97,459 | $49,366 |
| Ashley Degree | $80,860 | — | — | — |
| Jeanmarie Bond | — | — | — | $36,722 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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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 15aYes
Programs and updates
Raises and manages funds for exceptional learning experiences for all students.
Questions for Coronado Schools Foundation
Your first name shows with your question. Coronado Schools Foundation answers here, for everyone.
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The primary purpose of school site program grants within the coronado unified school district (cusd) is to enrich the quality of the curriculum and provide exceptional learning experiences for all cusd students.
Scholarships for multiple graduating coronado high school seniors from private donors as well as endowed scholarships within coronado schools foundation fidelity investment accounts. The coronado high school senior awards committee members make the determination as to the recipient(s) of each award based on criteria established by the…
District program funding inludes telethon event support to coronado middle and high schools. Coronado schools foundation envisions a public schools community that provides students an opportunity to learn, thrive, and reach their highest potential today and into their future.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $756K | $392K |
| InvestmentsLn 11–13 | $7.8M | $8.6M |
| Land, buildings, equipmentLn 10c | $13K | $10K |
| Total assetsLn 16 | $8.7M | $9.1M |
| LiabilitiesLn 26 | $475K | $336K |
| Net assetsLn 32 | $8.2M | $8.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $795K | $795K | ||
| Grants to domestic individualsLn 2 | $52K | $52K | ||
| Pay of current officers, directors and key staffLn 5 | $123K | $49K | $25K | $49K |
| Other salaries and wagesLn 7 | $149K | $72K | $36K | $41K |
| Payroll taxesLn 10 | $23K | $9K | $5K | $9K |
| Accounting feesLn 11c | $17K | $17K | ||
| Investment management feesLn 11f | $26K | $26K | ||
| Office expensesLn 13 | $14K | $14K | ||
| Depreciation, depletion and amortizationLn 22 | $4K | $4K | ||
| InsuranceLn 23 | $29K | $10K | $10K | $10K |
| Other expenses (24a–d)Ln 24 | $61K | $41K | $9K | $11K |
| All other expensesLn 24e | $2K | $2K | $162 | |
| Total functional expensesLn 25 | $1.3M | $1.0M | $127K | $121K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $1.4M | $1.3M | $45K | $11.7M | 990 PDF |
| FY2024 | $2.9M | $1.4M | $1.5M | $11.1M | 990 PDF |
| FY2023 Viewing | $893K | $1.3M | −$401K | $8.7M | 990 PDF |
| FY2022 | $1.4M | $1.4M | $31K | $8.2M | 990 PDF |
| FY2021 | $1.3M | $1.2M | $77K | $9.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $893,466 revenue, 12 lines filed
Part VI · Governance 16 of 18 board members independent, no flags
Part VIII · Statement of revenue $893,466 across 9 lines filed
Part IX · Statement of functional expenses $1,294,319 across 12 lines filed
Part X · Balance sheet $9,078,590 assets, 15 lines filed
Part XI · Reconciliation of net assets $8,742,624 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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