2023-08-30T17:50:28-07:00 2022-12-31 990 2022-01-01 954435039 CITY SCHOLARS FOUNDATION CITY 2136271792 700 South Flower Street Suite 1000 Los Angeles CA 90017 Kelli Ann Hogan President/CEO 2136271792 2023-06-14 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Kelli Ann Hogan City Scholars Foundation 700 South Flower Street Suite 1000 Los Angeles CA 90017 290901 0 X www.cityscholars.org X 1993 CA As a tax-exempt, for purpose corporation founded in 1993, City Scholars Foundation helps education nonprofits thrive to give thousands of low-income youth a better chance to learn and achieve against the odds. 10 9 6 20 0 0 256295 269255 0 0 15193 994 0 625 271488 270874 0 0 0 0 223623 217233 0 0 25879 16997 73486 240620 290719 30868 -19845 732278 864635 205381 420325 526897 444310 As a tax-exempt, for purpose corporation founded in 1993, City Scholars Foundation helps education nonprofits thrive to give thousands of low-income youth a better chance to learn and achieve against the odds. 0 0 241787 0 241787 City Scholars Fellowship for Education: In high-poverty, under-resourced communities, education nonprofits play a critical role helping youth succeed both in and out of the classroom. To survive and thrive, education nonprofits depend upon resourceful and resilient leaders who need more than heart to keep the lights on and the doors open. They need, but seldom can afford nor find through one program, the continuing education, leadership coaching, business and peer mentoring, executive networking and critical accountability that our City Scholars Fellowship for Education provides tuition-free as a collaborative, high-impact nonprofit leadership and capacity building institute. Partnering with executive volunteers, our Fellowship for Education invests in and partners with highly-motivated nonprofit CEOs (distinguished as City Scholars Foundation Fellows) to grow after-school, school-based and education-focused nonprofits from survival to success to significance. Our Foundation Fellows and the education nonprofits they lead collaborate each year to help over 50,000 predominantly low-income, ethnically diverse youth throughout Southern California prepare for college, career and/or community leadership. Be inspired at www.cityscholars.org. 0 0 0 241787 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 0 0 1 6 1 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Kelli Ann Hogan 2136271792 700 South Flower Street Suite 1000 Los Angeles CA 90017 Kelli Ann Hogan Founder & President/CEO 40 0 X X X 95000 0 19299 Carl Engle Chairman 2 0 X X 0 0 0 Tracey Carpentier Secretary/Treasurer 1 0 X X 0 0 0 Katie Delaney Board Member 1 0 X 0 0 0 Eric Johnson Board Member 1 0 X 0 0 0 Darin Kita Board Member 1 0 X 0 0 0 Janis Tanji Wong Board Member 1 0 X 0 0 0 Kim Feder Board Member 1 0 X 0 0 0 Lindsay Kwock Hu Board Member 1 0 X 0 0 0 Sam Pyo Board Member 1 0 X 0 0 0 95000 0 19299 0 0 0 0 0 X 0 0 0 0 39930 229325 0 269255 0 3444 3444 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17577 0 20027 0 -2450 0 -2450 -2450 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 625 625 0 0 625 270874 1619 0 0 0 0 0 0 0 0 0 0 114299 97176 5693 11430 0 0 0 0 84700 66081 8470 10149 0 0 0 0 3927 2151 1536 240 14307 11663 1068 1576 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1682 0 1682 0 0 0 0 0 43 0 0 43 1671 389 623 659 2454 823 1397 234 0 0 0 0 991 0 991 0 5601 5024 504 73 0 0 0 0 0 0 0 0 10513 9010 536 967 0 0 0 0 0 0 0 0 4600 3883 257 460 Volunteer Development 2477 2215 262 0 Fellowship Resources & Supplies 1520 1520 0 0 Fellowship Facilities/Catering 15771 15771 0 0 Graphic Design & Printing 1163 1081 34 48 25000 25000 0 0 290719 241787 23053 25879 0 0 265310 453287 86626 88530 0 0 0 0 0 0 0 0 0 0 1035 1035 376497 318073 0 0 0 0 0 0 2810 3710 732278 864635 270 209 0 0 0 0 0 0 0 0 0 0 0 0 199900 415428 5211 4688 205381 420325 X 147831 135951 379066 308359 526897 444310 732278 864635 -19845 -57693 0 0 -5049 0 X 0 0 0 X 498237 208320 193057 256295 269255 1425164 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 498237 208320 193057 256295 269255 1425164 20765 14550 29001 28123 28725 121164 0 0 0 0 0 0 20765 14550 29001 28123 28725 121164 1304000 404 5371 3065 15193 994 25027 0 0 0 0 0 0 404 5371 3065 15193 994 25027 0 0 0 0 0 0 0 0 0 0 625 625 498641 213691 196122 271488 270874 1450816 0.89880 0.90423 0.01725 0.01772 X Schedule A, Part III, Line 12 Income received from organization's credit card cash back rewards program. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 379066 4250 -56754 0 16521 1682 308359 336956 4570 39272 0 0 1732 379066 292146 4298 41913 0 0 1401 336956 253766 3850 35539 0 0 1009 292146 0 253400 366 0 0 0 253766 0 1 0 0 0 0 Payroll Tax Liabilities 4688 4688 Schedule D, Part V, Line 4 Our endowment is a "permanent investment fund" designed to provide steady income that grows over time and helps sustain the exponential impact of our tuition-free City Scholars Fellowship for Education. We want nonprofit CEOs to know they can count on our Fellowship for Education to help them lead well with limited resources, as they help thousands of low-income youth achieve against the odds. Form 990, Part V, Line 3b The organization did not have unrelated business gross income of $1000 or more during the year. Form 990, Part V, Line 14b The organization does not provide indoor tanning services. Form 990, Part VI, Section B, Line 11b Review process - An electronic copy of our Form 990 and required schedules is provided to our Board of Director for review prior to submission. Form 990, Part VI, Section B, Line 12c We provide our Board of Directors with a copy of our Conflict of Interest Policy annually for their review. We request that Board members report any potential conflicts of interest prior to the start of the fiscal year. Form 990, Part VI, Section B, Line 15 Our Board of Directors review and approve all salaries, including that of our CEO, during our annual budget review process. Decisions are made based upon comparable data from similar agencies, the need to be competitive within the sector and to ensure that we offer a "liveable" compensation for a major metropolitan region with a relatively high cost of living. Form 990, Part VI, Section C, Line 19 Availability of governing documents, conflict of interest policy, and financial statements to the public - No documents other than our Form 990 are made available to the public. Form 990, Part VIII, Line 11d Income received from organization's credit card cash back rewards program.