2025-10-14T19:17:55-05:00 2024-06-30 760722072 FOUMBERG JUNEJA ROCHER & CO PC 16311 VENTURA BLVD SUITE 1180 ENCINO CA 91436 990 2023-07-01 954285350 EDUCARE FOUNDATION EDUC 8186465220 16134 WYANDOTTE STREET VAN NUYS CA 91406 JILL M JACOBSON CHIEF EXECUTIVE OFFICER 8186465220 2025-10-13 1 DANIEL CHOI CPA P00639689 8189816100 2025-10-13 2023 2025-03-06 01:10:19Z STUART SEMIGRAN 16134 WYANDOTTE STREET VAN NUYS CA 91406 15243504 0 X WWW.EDUCAREFOUNDATION.COM X 1990 CA INSPIRE & EMPOWER YOUNG PEOPLE TO BECOME RESPONSIBLE, COMPASSIONATE, AND TO LIVE THEIR DREAMS. 16 15 680 40 0 0 11597916 15243504 0 0 0 0 0 0 11597916 15243504 0 0 0 0 9101177 11460569 0 0 279306 2833684 3685640 11934861 15146209 -336945 97295 3292197 3670373 1427093 1905617 1865104 1764756 X EDUCARE FOUNDATION'S (EDUCARE) MISSION IS TO INSPIRE AND EMPOWER YOUNG PEOPLE TO BECOME RESPONSIBLE CITIZENS, COMPASSIONATE LEADERS, AND TO LIVE THEIR DREAMS. CURRENT PROGRAMS ARE DESIGNED TO EMPOWER DISADVANTAGED, AT-RISK STUDENTS TO ACHIEVE EXCELLENCE IN PERSONAL, SOCIAL AND ACADEMIC PURSUITS THROUGH STRENGTHENING INDIVIDUAL STUDENTS AND THEIR ADULT SUPPORT NETWORK. EDUCARE EFFECTIVELY PROVIDES EXEMPLARY TRANSFORMATIONAL EDUCATION AND AFTER SCHOOL PROGRAMS FOR YOUTH AND THOSE WHO SUPPORT THEM. EDUCARE SEEKS TO EMPOWER YOUTH TO BE HEALTHY, WHOLE, SUCCESSFUL AND CONTRIBUTING CITIZENS; AND ADULTS TO BE INSPIRING AND SUPPORTIVE ROLE MODELS. EDUCARE CREATES ENVIRONMENTS OF CARING AND SELF-DISCOVERY THAT HELP YOUTH REALIZE THEIR FULL POTENTIAL. EDUCARE RECEIVES FUNDING FROM INDIVIDUAL CONTRIBUTIONS, FEDERAL GRANTS, LOS ANGELES UNIFIED SCHOOL DISTRICT FUNDING AND OTHER ORGANIZATIONAL GRANTS. 0 0 13159938 EDUCARE'S OBJECTIVES INCLUDE EMPOWERING SCHOOLS, SCHOOL DISTRICTS, YOUTH-SERVING AGENCIES, TEACHERS, PARENTS AND THE YOUNG PEOPLE THEMSELVES, TO BETTER SERVE YOUTH AND PREPARE THEM TO LEAD HEALTHY, FULFILLING LIVES. EDUCARE OPERATES EDUCATIONAL PROGRAMS THAT INTEGRATE LIFE SKILLS AND LEADERSHIP DEVELOPMENT; AT-RISK INTERVENTION PROGRAMS; AFTER SCHOOL PROGRAM MANAGEMENT; PROFESSIONAL STAFF TEAMBUILDING/COMMUNITY BUILDING; STUDENT PEER MENTORING; COMMUNITY SERVICE; CROSS-AGE MENTORING; PEER MEDIATION AND CONFLICT RESOLUTION; AND PARENT EDUCATION AND INVOLVEMENT. 13159938 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 70 0 680 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X ROBERT UNDERHILL 8186465220 16134 WYANDOTTE STREET VAN NUYS CA 91406 STUART SEMIGRAN PRESIDENT/CO-FOUNDER/DIRECTOR 50.00 0.00 X X 180810 0 488 BRIAN EVANS DIRECTOR 2.00 0.00 X 0 0 0 PETER FELSMANN DIRECTOR 2.00 0.00 X 0 0 0 JOE HUBBARD DIRECTOR 2.00 0.00 X 0 0 0 JOLIE MARTIN DIRECTOR 2.00 0.00 X 0 0 0 SUSAN SALTZ DIRECTOR 2.00 0.00 X 0 0 0 KAMIN SAMUELS DIRECTOR 2.00 0.00 X 0 0 0 ELDRICK BONE DIRECTOR 2.00 0.00 X 0 0 0 CANDACE SEMIGRAN CO-FOUNDER/DIRECTOR 4.00 0.00 X X 0 0 0 KATHERINE HALL SECRETARY/DIRECTOR 2.00 0.00 X X 0 0 0 TOM FORBATH TREASURER/DIRECTOR 4.00 0.00 X X 0 0 0 NICHOLAS BROWN CHAIRMAN/DIRECTOR 2.00 0.00 X X 0 0 0 MARCO DURAZO DIRECTOR 2.00 0.00 X 0 0 0 LUZ JARAMILLO DIRECTOR 2.00 0.00 X 0 0 0 STEPHEN LELAND KEEP DIRECTOR (FROM 04/2024) 2.00 0.00 X 0 0 0 MEGHADARSHINI POLIKI DIRECTOR (FROM 09/2024) 2.00 0.00 X 0 0 0 JILL M JACOBSON CHIEF EXECUTIVE OFFICER 50.00 0.00 X 142065 0 0 322875 0 488 2 0 1 0 0 14619603 623901 15243504 15243504 0 0 0 343287 59886 193047 90354 9907024 9125026 654181 127817 362906 345493 17413 847352 805666 41686 33128 33128 19920 19920 1056022 682126 330499 43397 1329 961 368 64093 38021 25474 598 85492 23504 60909 1079 113382 31693 81573 116 586191 548568 37501 122 2560 2560 187549 47672 139291 586 AFTERSCHOOL/LEADERSHIP 983139 968495 12924 1720 FOOD AND BEVERAGE 409423 403325 5382 716 PRINTING AND REPRODUCTI 81786 68606 2351 10829 DUES AND SUBSCRIPTION 59702 11857 46241 1604 1924 1924 15146209 13159938 1706965 279306 490750 1088562 3890 3890 2751777 2534916 5630 5415 89921 56795 35686 33126 4464 4464 3292197 3670373 824445 1905617 602648 1427093 1905617 X 1724102 1764756 141002 0 1865104 1764756 3292197 3670373 X 97295 -197643 X X 0 1 X 1 1 1 X 7123048 7053453 11244960 11597916 15243504 52262881 7123048 7053453 11244960 11597916 15243504 52262881 52262881 1 1 52262882 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33516 33516 0 56405 23279 33126 33126 X 15243504 0 15243504 0 15243504 15146209 0 15146209 0 15146209 PART X, LINE 2: MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF FASB ASC TOPIC 740-10, ACCOUNTING FOR INCOME TAXES, WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS OR ACCRUED IN THE STATEMENT OF FINANCIAL POSITION. FEDERAL AND STATE TAX RETURNS OF THE ENTITY ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. X X X X 0 0 0 0 0 0 0 1 0 STUART SEMIGRAN PRESIDENT/CO-FOUNDER/DIRECTOR 175810 0 5000 0 0 0 0 0 488 0 181298 0 0 0 PART I, LINE 7 THE BONUS FOR PRESIDENT/CO-FOUNDER WAS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE AND THE BOARD OF DIRECTORS. FORM 990, PART I, LINE 1: DUE TO A SIGNIFICANT ACCOUNTING AND DATA SYSTEM ISSUE THAT OCCURRED IN SEPTEMBER 2023 AND WAS NOT FULLY RESOLVED UNTIL MAY 2024, THE ORGANIZATION ENCOUNTERED CHALLENGES IN ACCESSING COMPLETE FINANCIAL INFORMATION. THIS RETURN HAS BEEN PREPARED USING THE BEST INFORMATION AVAILABLE TO DATE. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBER AND ORGANIZATION PRESIDENT, STUART SEMIGRAN, AND BOARD MEMBER, CANDACE SEMIGRAN, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B TWO BOARD MEMBERS, ONE OF WHOM IS TYPICALLY ORGANIZATION PRESIDENT, STUART SEMIGRAN, REVIEW THE 990 PRIOR TO FILING. THE ENTIRE BOARD OF DIRECTORS RECEIVES A COPY OF THE 990 AFTER IT HAS BEEN FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH EDUCARE OFFICER AND BOARD MEMBER REVIEWS AND SIGNS CONFLICTS OF INTEREST FORM AT THE BEGINNING OF HER/HER SERVICE TO EDUCARE. THE CONFLICT OF INTEREST FORM IS KEPT IN THE ORGANIZATION'S CENTRAL FILES. FORM 990, PART VI, SECTION B, LINE 15 EDUCARE'S BOARD OF DIRECTORS HAS A SUBCOMMITTEE, THE COMPENSATION COMMITTEE, WHICH REVIEWS AND APPROVES THE COMPENSATION FOR EDUCARE'S PRESIDENT AND OTHER SENIOR MANAGEMENT. THE COMPENSATION COMMITTEE UTILIZES SPECIFIC CRITERIA WHEN CONDUCTING SALARY REVIEWS SUCH AS 1) THE GENERAL ECONOMIC CLIMATE OF THE NATION / REGION; 2) THE ECONOMIC HEALTH AND FORECASTED HEALTH OF THE NON-PROFIT; 3) JOB PERFORMANCE; AND 4) SALARIES COMPARED TO OTHER NON-PROFITS DOING SIMILAR WORK, OF SIMILAR SIZE, AND IN A SIMILAR GEOGRAPHIC REGION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE TO EDUCARE'S SENIOR MANAGEMENT AND BOARD OF DIRECTORS. THE ORGANIZATION PROVIDES THE GENERAL PUBLIC ACCESS TO THESE DOCUMENTS UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER ADJUSTMENTS -197,643. FORM 990, PART XII, LINE 2C: THE PROCESS REMAINS THE SAME AS PRIOR YEAR. FORM 990, PART XII, LINE 2B AND 3A: THE ORGANIZATION HAS CONTRACTED WITH A CPA FIRM TO CONDUCT AUDITS FOR BOTH THE JUNE 30, 2023 AND JUNE 30, 2024 FISCAL YEARS. A SIGNIFICANT ACCOUNTING SYSTEM ISSUE OCCURRED IN SEPTEMBER 2023, WHICH TOOK UNTIL MAY 2024 TO FULLY RESOLVE. AS A RESULT, THE JUNE 30, 2023 AUDIT IS CURRENTLY UNDERWAY, AND THE JUNE 30, 2024 AUDIT WILL COMMENCE THEREAFTER.