Coastal Developmental Services Foundation FY2024 filing

Tax-deductible

El Segundo, CA501(c)(3)Since 1983EIN 95-3822105

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IT is wrc's mission to support people with Developmental disabilities, their families, and communities of choice by facilitating access to person-centered, culturally responsive Services and resources.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
$1.0M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
2 of 5
filings with a surplus
Average deficit $1.8M a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.0M
to officers and key staff · 0.2% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: -0.9 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $24
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$112.3M
105% of total assets
Concern: liabilities are 105% of assets; over 80%.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$456.4M
+18% vs prior year
Spent
$463.3M
To programs
98%
Net assets
−$4.9M
By yearFY2020–FY2024
Revenue
$456.4M
FY2024▲ +18%
Revenue by fiscal year
FY2020$280.4M
FY2021$304.1M
FY2022$341.2M
FY2023$387.3M
FY2024$456.4M
FY2024$570.4M
Expenses
$463.3M
FY2024▲ +19%
Expenses by fiscal year
FY2020$279.8M
FY2021$317.3M
FY2022$328.8M
FY2023$389.5M
FY2024$463.3M
FY2024$570.3M
Net assets
−$4.9M
FY2024▼ -151%
Net assets by fiscal year
FY2020−$114K
FY2021$10.2M
FY2022$12.4M
FY2023$9.5M
FY2024−$4.9M
FY2024$2.1M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1983.

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

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $452.8M Management & general 2% · $10.5M

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

19 people listed on the 990; $1.0M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$295,712Pt VII · Sec A
Director of HR
$168,917Pt VII · Sec A
Deputy Executive Director
$149,825Pt VII · Sec A
Director of Clinical Svcs
$147,090Pt VII · Sec A
Federal Program Manager
$129,685Pt VII · Sec A
$118,583Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Roschell T Ashley———$312,073$56,705—
Jane Borochoff$297,952$295,712$239,630———
Carmine Manicone—————$210,566
Mary Lou Weise-Stusser——$107,721$183,671——
Andrew Ponce$180,385$149,825————
Thompson Kelly - Dir of————$180,072—
Sonya Lowe$178,278$168,917$164,349$162,190$160,940—
Thompson Kelly Dir of Clinical—————$161,765

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

Coordinates support for developmentally disabled individuals and their families.

Provided by the organization

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1 program service account for $452.8M of program spending, described in the organization's own filed words · FY2023.
01

The entity was organized in accordance with the provisions of the lanterman developmental disabilities services act of the welfare and institutions code of california (the "act"). In accordance with the act, the foundation works in partnership with people with developmental disabilities, their families, local communities, service…

$452.8Mprogram 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 · FY2023
Total grants receivedfrom 1 funder$24
Grants paid · 18 grants · $2.2B · 2019–2024
Unitemized GrantFY2024$402,791,283
Unitemized GrantFY2024$100,316,574
Unitemized GrantFY2024$32,542,971
Unitemized GrantFY2023$314,522,432
Unitemized GrantFY2023$86,539,297
Unitemized GrantFY2023$29,443,683
Unitemized GrantFY2022$260,621,508
Unitemized GrantFY2022$75,740,620
Unitemized GrantFY2022$25,857,346
Unitemized GrantFY2021$220,583,360
Unitemized GrantFY2021$60,086,321
Unitemized GrantFY2021$22,884,912
Unitemized GrantFY2020$213,465,576
Unitemized GrantFY2020$54,726,792
Unitemized GrantFY2020$22,207,187
Unitemized GrantFY2019$184,663,113
Unitemized GrantFY2019$45,310,535
Unitemized GrantFY2019$24,598,994

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$456.4M
Ln 12
Gifts and grantsLn 1h$454.2M
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$412K
Money outPt IX
$463.3M
Ln 25
Programscol B$452.8M
Managementcol C$10.5M
Owns and owesPt X
−$4.9M
net assets · Ln 32
Cash and savingsLn 1–2−$33.5M
Total assetsLn 16$107.4M
LiabilitiesLn 26$112.3M
PeoplePt VI, VII
19
listed · VII A
PaidVII A6
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$454.2M
Government grantsLn 1e$454.2M
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$412K
Total revenueLn 12$456.4M
Assets in detailPt X, end of year
CashLn 1−$33.5M
Cash and savings togetherLn 1–2−$33.5M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$139.4M
Total assetsLn 16$107.4M
LiabilitiesLn 26$112.3M
Net assetsLn 32−$4.9M
OperationsPt I, VI
EmployeesI 5313
VolunteersI 614
Fiscal year endsHeaderJune
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$500−$33.5M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$205.7M$107.4M
LiabilitiesLn 26$194.8M$112.3M
Net assetsLn 32$11.0M−$4.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$430.5M$430.5M
Pay of current officers, directors and key staffLn 5$300K$150K$150K
Other salaries and wagesLn 7$18.3M$12.7M$5.6M
Other employee benefitsLn 9$6.4M$4.4M$2.0M
Payroll taxesLn 10$264K$182K$82K
Legal feesLn 11b$1.8M$1.2M$556K
Accounting feesLn 11c$65K$65K
Other fees for servicesLn 11g$478K$330K$148K
Office expensesLn 13$2.1M$1.4M$644K
OccupancyLn 16$1.9M$1.3M$582K
TravelLn 17$67K$59K$8K
InsuranceLn 23$296K$296K
Other expenses (24a–d)Ln 24$761K$452K$309K
All other expensesLn 24e$143K$99K$44K
Total functional expensesLn 25$463.3M$452.8M$10.5M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $456.4M$463.3M−$6.8M−$4.9M 990 PDF
FY2023 $387.3M$389.5M−$2.2M$9.5M 990 PDF
FY2022 $341.2M$328.8M$12.3M$12.4M 990 PDF
FY2021 $304.1M$317.3M−$13.2M$10.2M 990 PDF
FY2020 $280.4M$279.8M$675K−$114K 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 $456,413,955 across 5 lines filed
VIII-1e Government grants$454,168,688
VIII-1h Total contributions, gifts and grants$454,168,688
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,833,414$1,833,414
VIII-3 Investment incomeExcluded from tax $411,853$411,853
VIII-12 Total revenueRelated to mission $1,833,414 · Unrelated business $0 · Excluded from tax $411,853$456,413,955
Part IX · Statement of functional expenses $463,263,566 across 14 lines filed
IX-2 Grants to domestic individualsPrograms $430,505,412$430,505,412
IX-5 Pay of current officers, directors and key staffPrograms $150,005 · Management $150,005$300,010
IX-7 Other salaries and wagesPrograms $12,662,532 · Management $5,607,535$18,270,067
IX-9 Other employee benefitsPrograms $4,396,428 · Management $1,974,023$6,370,451
IX-10 Payroll taxesPrograms $182,062 · Management $81,796$263,858
IX-11b Legal feesPrograms $1,236,454 · Management $555,508$1,791,962
IX-11c Accounting feesManagement $65,200$65,200
IX-11g Other fees for servicesPrograms $329,866 · Management $148,200$478,066
IX-13 Office expensesPrograms $1,432,394 · Management $643,540$2,075,934
IX-16 OccupancyPrograms $1,294,466 · Management $581,572$1,876,038
IX-17 TravelPrograms $59,102 · Management $8,059$67,161
IX-23 InsuranceManagement $295,568$295,568
IX-24 Other expenses (24a–d)Programs $452,282 · Management $308,537$760,819
IX-24e All other expensesPrograms $98,684 · Management $44,336$143,020
IX-25 Total functional expensesPrograms $452,799,687 · Management $10,463,879 · Fundraising $0$463,263,566
Part X · Balance sheet $107,411,877 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $500−$33,471,368
X-4 Accounts receivableStart of year $122,201,521$1,502,959
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $56,521,056$139,380,286
X-16 Total assetsStart of year $205,749,521$107,411,877
X-17 Accounts payable and accrued expensesStart of year $45,360,707$792,298
X-25 Other liabilitiesStart of year $147,412,414$111,437,301
X-26 Total liabilitiesStart of year $194,757,734$112,265,933
X-27 Net assets without donor restrictionsStart of year $10,991,787−$4,854,056
X-32 Total net assets or fund balancesStart of year $10,991,787−$4,854,056
X-33 Total liabilities and net assetsStart of year $205,749,521$107,411,877
Part XI · Reconciliation of net assets −$4,854,056 net assets at year end
XI-1 Total revenue$456,413,955
XI-2 Total expenses$463,263,566
XI-3 Revenue less expenses−$6,849,611
XI-4 Net assets at start of year$10,991,787
XI-8 Prior period adjustments−$8,996,232
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$4,854,056

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

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