South Pasadena Educational Foundation

Tax-deductible

S Pasadena, CA501(c)(3)Since 1980EIN 95-3532316

Founded in 1980 by a group of passionate parents, south pasadena educational foundation (spef) is dedicated to promoting educational excellence in the south pasadena unified school district through various fundraising and enrichment programs. Administered by a volunteer board of directors composed of parents, community members and business leaders, spef provides much needed support to the students in south pasadena in all educational areas including academics, curriculum and technology, library services and support, visual and performing arts, science, character building education, counseling services, and athletics. Donations to spef support south pasadena's five public schools: arroyo vista elementary, marengo elementary, monterey hills elementary, south pasadena middle school, and south pasadena high school. Since its inception, spef has raised close to ten million dollars to restore and enrich educational programs beyond that which the school district is able to fund.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Run by 300 volunteers and 158 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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 $202K a year · 10% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$92K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 12.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
12
named funders · $66K
Looks good: 12 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$629K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
32
of 32 voting members
Looks good: 32 of 32 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.0M
+13% vs prior year
Spent
$2.6M
To programs
88%
Net assets
$2.6M
By yearFY2020–FY2024
Revenue
$3.0M
FY2024▲ +13%
Revenue by fiscal year
FY2020$1.5M
FY2021$1.4M
FY2022$2.3M
FY2023$2.5M
FY2024$2.6M
FY2024$3.0M
Expenses
$2.6M
FY2024▲ +15%
Expenses by fiscal year
FY2020$1.6M
FY2021$1.4M
FY2022$1.8M
FY2023$2.2M
FY2024$2.3M
FY2024$2.6M
Net assets
$2.6M
FY2024▲ +14%
Net assets by fiscal year
FY2020$1.3M
FY2021$1.3M
FY2022$1.7M
FY2023$1.9M
FY2024$2.3M
FY2024$2.6M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1980.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $2.3M Management & general 7% · $176K Fundraising 6% · $146K

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

Who runs it and what they're paid

33 people listed on the 990; $92K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$92,279Pt VII · Sec A
Executive VP
$0Pt VII · Sec A
Committee Leaders
$0Pt VII · Sec A
Committee Leaders
$0Pt VII · Sec A
Committee Leaders
$0Pt VII · Sec A
Committee Leaders
$0Pt VII · Sec A
Committee Leaders
$0Pt VII · Sec A
Committee Leaders
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Stacey Peterson$92,279$89,900$87,398$81,000$81,000$67,846

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.

See South Pasadena Educational 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 15aYes

Programs and updates

Improves public education in South Pasadena Unified School District.

Provided by the organization

This section is blank until South Pasadena Educational Foundation claims this page.

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3 program services account for $2.3M of program spending, described in the organization's own filed words · FY2024.
01

Spef runs afterschool enrichment classes, the annual 5TH grade musical, summer school and summer camps. The spef summer school serves over 2,000 children from kindergarten to 12TH grade. Our annual 5TH grade musical brings 5TH graders from all three elementary schools together to learn about and perform a musical for the entire…

$1.3Mprogram expense
02

Grants to the south pasadena unified school district provide additional equipment and materials for the benefit of all students enrolled in the district. Through spef's major grants committee, spef will continue to help fund the district's initiative to improve campus-wide student socio-emotional health through teacher training on…

$853Kprogram expense
03

The teacher direct grants allow teachers and support staff to apply for grants up to $4,500 to implement unique programs in their classrooms, helping them enhance the curriculum to meet the needs of all students, and to ignite curiosity.

$186Kprogram expense

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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 · FY2024
See all 12 funders →
Grants paid · 6 grants · $4.6M · 2019–2024
South Pasadena Unified School DistrictFY2024$1,039,530
South Pasadena Unified School DistrictFY2023$836,135
South Pasadena Unified School DistrictFY2022$877,295
South Pasadena Unified School DistrictFY2021$723,036
South Pasadena Unified School DistrictFY2020$488,693
South Pasadena Unified School DistrictFY2019$666,016

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.0M
Ln 12
Fees for servicesLn 2g$2.2M
Gifts and grantsLn 1h$715K
Investment incomeLn 3$49K
Money outPt IX
$2.6M
Ln 25
Programscol B$2.3M
Managementcol C$176K
Fundraisingcol D$146K
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$2.8M
Total assetsLn 16$3.2M
LiabilitiesLn 26$629K
PeoplePt VI, VII
33
listed · VII A
PaidVII A1
Voting boardVI 1a32
IndependentVI 1b32
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$715K
Noncash giftsLn 1g$130K
Fundraising eventsLn 1c$147K
Fees for servicesLn 2g$2.2M
Investment incomeLn 3$49K
Gains on assetsLn 7−$27
Total revenueLn 12$3.0M
Assets in detailPt X, end of year
CashLn 1$2.0M
SavingsLn 2$864K
Cash and savings togetherLn 1–2$2.8M
InvestmentsLn 11–13$319K
Other assetsLn 15$3K
Total assetsLn 16$3.2M
LiabilitiesLn 26$629K
Net assetsLn 32$2.6M
OperationsPt I, VI
EmployeesI 5158
VolunteersI 6300
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 FY24End FY24
Cash and savingsLn 1–2$2.6M$2.8M
InvestmentsLn 11–13$300K$319K
Total assetsLn 16$2.9M$3.2M
LiabilitiesLn 26$646K$629K
Net assetsLn 32$2.3M$2.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.0M$1.0M
Pay of current officers, directors and key staffLn 5$111K$28K$28K$55K
Other salaries and wagesLn 7$689K$608K$48K$33K
Other employee benefitsLn 9$51K$34K$10K$7K
Payroll taxesLn 10$17K$13K$2K$2K
Accounting feesLn 11c$13K$13K
Investment management feesLn 11f$24$24
Other fees for servicesLn 11g$406K$395K$5K$5K
Advertising and promotionLn 12$26K$16K$10K
Office expensesLn 13$92K$618$65K$26K
Information technologyLn 14$8K$4K$2K$2K
OccupancyLn 16$11K$5K$3K$3K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$161K$157K$2K$2K
Total functional expensesLn 25$2.6M$2.3M$176K$146K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $2.6M$2.3M$341K$2.3M 990 PDF
FY2023 $2.5M$2.2M$229K$1.9M 990 PDF
FY2022 $2.3M$1.8M$445K$1.7M 990 PDF
FY2021 $1.4M$1.4M$958$1.3M 990 PDF
FY2020 $1.5M$1.6M−$5K$1.3M 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $2,954,564 across 9 lines filed
VIII-1c Fundraising events$147,006
VIII-1f All other contributions, gifts and grants$567,849
VIII-1g Noncash contributions (included above)$130,000
VIII-1h Total contributions, gifts and grants$714,855
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,191,043$2,191,043
VIII-3 Investment incomeExcluded from tax $48,693$48,693
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$27−$27
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $2,191,043 · Unrelated business $0 · Excluded from tax $48,666$2,954,564
Part IX · Statement of functional expenses $2,635,382 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $1,039,530$1,039,530
IX-5 Pay of current officers, directors and key staffPrograms $27,736 · Management $27,736 · Fundraising $55,473$110,945
IX-7 Other salaries and wagesPrograms $608,060 · Management $48,099 · Fundraising $32,690$688,849
IX-9 Other employee benefitsPrograms $34,426 · Management $9,719 · Fundraising $7,241$51,386
IX-10 Payroll taxesPrograms $13,109 · Management $1,726 · Fundraising $1,925$16,760
IX-11c Accounting feesManagement $13,000$13,000
IX-11f Investment management feesManagement $24$24
IX-11g Other fees for servicesPrograms $395,383 · Management $4,802 · Fundraising $5,354$405,539
IX-12 Advertising and promotionPrograms $15,850 · Fundraising $10,020$25,870
IX-13 Office expensesPrograms $618 · Management $64,828 · Fundraising $26,378$91,824
IX-14 Information technologyPrograms $3,537 · Management $2,004 · Fundraising $2,235$7,776
IX-16 OccupancyPrograms $5,003 · Management $2,835 · Fundraising $3,162$11,000
IX-23 InsurancePrograms $12,339$12,339
IX-24 Other expenses (24a–d)Programs $157,234 · Management $1,563 · Fundraising $1,743$160,540
IX-25 Total functional expensesPrograms $2,312,825 · Management $176,336 · Fundraising $146,221$2,635,382
Part X · Balance sheet $3,228,289 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,776,643$1,974,173
X-2 Savings and temporary cash investmentsStart of year $829,835$864,072
X-4 Accounts receivable$59,760
X-9 Prepaid expenses and deferred chargesStart of year $8,110$9,032
X-12 Other securitiesStart of year $300,491$318,732
X-15 Other assetsStart of year $5,236$2,520
X-16 Total assetsStart of year $2,920,315$3,228,289
X-17 Accounts payable and accrued expensesStart of year $35,803$22,461
X-18 Grants payableStart of year $600,000$600,000
X-19 Deferred revenueStart of year $5,080$4,420
X-25 Other liabilitiesStart of year $5,236$2,520
X-26 Total liabilitiesStart of year $646,119$629,401
X-27 Net assets without donor restrictionsStart of year $2,198,686$2,479,224
X-28 Net assets with donor restrictionsStart of year $75,510$119,664
X-32 Total net assets or fund balancesStart of year $2,274,196$2,598,888
X-33 Total liabilities and net assetsStart of year $2,920,315$3,228,289
Part XI · Reconciliation of net assets $2,598,888 net assets at year end
XI-1 Total revenue$2,954,564
XI-2 Total expenses$2,635,382
XI-3 Revenue less expenses$319,182
XI-4 Net assets at start of year$2,274,196
XI-5 Net unrealized gains (losses) on investments$5,510
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,598,888

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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