2024-05-03T04:22:01-07:00 2023-06-30 262176601 EASY OFFICE DBA JITASA 1120 S RACKHAM WAY SUITE 300 MERIDIAN ID 83642 990 2022-07-01 942952818 LAS LOMITAS EDUCATION FOUNDATION LASL 4083903952 PO BOX 7282 MENLO PARK CA 94026 DAN BERGERON EXECUTIVE DIRECTOR 4083903952 2024-05-03 1 DAN BERGERON 999009999 1 JEREMY CORK P01544850 2082874777 2024-05-03 1 11 1 AAL2 2022 2023-04-26 12:10:37Z DAN BERGERON PO BOX 7282 MENLO PARK CA 94026 1692924 0 X www.llef.org X 1984 CA TO RAISE FUNDS TO SUPPORT THE LAS LOMITAS SCHOOL DISTRICT. 11 10 1 32 0 0 1333203 1125208 0 0 1301 7339 144276 305932 1478780 1438479 1290000 1200000 0 0 148226 148023 0 0 137970 66253 71217 1504479 1419240 -25699 19239 1448109 1377431 1290000 1200083 158109 177348 TO RAISE FUNDS TO CLOSE THE GAP BETWEEN THE INCREASINGLY EXPENSIVE COST OF HIGH-QUALITY EDUCATION AND EXISTING PUBLIC FUNDING FOR THE LAS LOMITAS SCHOOL DISTRICT. 0 0 1200000 1200000 0 THE LAS LOMITAS EDUCATION FOUNDATION RAISES FUNDS TO COMPENSATE FOR THE DIFFERENCE BETWEEN THE FUNDING FROM PROPERTY TAXES AND OTHER SOURCES AND THE FULL COST OF A HIGH-QUALITY EDUCATION. THE LAS LOMITAS SCHOOL DISTRICT IS ONE OF THE HIGHEST PERFORMING DISTRICTS IN THE STATE, AND THE RESIDENTS OF THE DISTRICT RELY ON THE DISTRICT FOR PROVIDING HIGH QUALITY EDUCATION FOR THEIR CHILDREN. THE PROPERTY TAX BASE ONLY COVERS ROUGHLY THREE-FOURTHS OF THE COST OF THE CURRENT PROVISION OF EDUCATION AT THE DISTRICT, SO THE LAS LOMITAS EDUCATION FOUNDATION IS A KEY SOURCE OF FUNDING FOR THE DISTRICT TO CONTINUE ITS WORK AT ITS CURRENT LEVEL. 0 0 0 1200000 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 CA X X MARTEN ABRAHAMSEN 4083903952 PO BOX 7282 MENLO PARK CA 94026 DAN BERGERON EXECUTIVE DIRECTOR 40 X X 136344 0 0 MONDONNA KENNEDY CO-PRESIDENT 10 X X 0 0 0 ANN PELLEGRINI CO-PRESIDENT 10 X X 0 0 0 JIM BUNCH TREASURER 10 X X 0 0 0 KRISTINE TVETEN SECRETARY 10 X X 0 0 0 MARK HAYES INVESTMENT MANAGER 10 X X 0 0 0 AMY ANDERSEN EVENTS AND AUCTION CO-CHAIR 5 X 0 0 0 LAUREL SEVIER EVENTS AND AUCTION CO-CHAIR 5 X 0 0 0 KATIE GARLINGHOUSE EVENTS AND AUCTION CO-CHAIR 5 X 0 0 0 SANAZ MIRKHANI LEADERSHIP CHAIR 5 X 0 0 0 JENN KERCHER BOARD MEMBER 5 X 0 0 0 136344 0 0 1 0 0 0 0 0 0 0 0 0 1125208 155245 1125208 0 8622 0 0 8622 0 0 0 0 0 0 0 0 0 0 70264 0 71547 0 -1283 0 -1283 -1283 0 0 488830 0 182898 305932 0 305932 0 1438479 -1283 0 314554 1200000 1200000 135390 27078 108312 2091 418 1673 10542 2108 8434 15000 15000 1038 208 830 5815 5815 4947 990 3957 7644 1529 6115 202 40 162 580 116 464 2760 552 2208 BANK CHARGES & PROCESSING FEES 33231 0 33231 0 1419240 1200000 81270 137970 938966 329120 19969 20232 489174 1028079 1448109 1377431 83 1290000 1200000 0 0 1290000 1200083 X 158109 177348 0 0 158109 177348 1448109 1377431 19239 0 0 0 0 0 X 0 1 X 1 0 X 1914605 1850280 1238254 1333203 1125208 7461550 1914605 1850280 1238254 1333203 1125208 7461550 10047 7451503 8455 8501 8168 855 8622 34601 1500 1500 7497651 1001050 0.99385 0.98519 X Schedule A, Part II, Line 10 OTHER RELATED INCOME. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 1438479 0 0 0 0 0 1438479 0 0 0 1438479 1419240 0 0 0 0 0 1419240 0 0 0 1419240 Schedule D, Part X, Line 2 THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE STATE LAW. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2023 OR 2022. AUCTION 488830 0 488830 0 0 8416 69482 400 104600 0 0 488830 0 488830 0 0 8416 69482 400 104600 182898 305932 1 LAS LOMITAS ELEMENTARY SCHOOL DISTRICT 1011 ALTSCHUL AVENUE MENLO PARK CA 94025 1200000 0 TO PROVIDE SUPPORT TO LAS LOMITAS ELEMENTARY SCHOOL DISTRICT. 0 1 Schedule I, Part I, Line 2 RECORDS ARE MAINTAINED TO SHOW THAT THE ANNUAL TRANSFERS TO THE DISTRICT HAVE BEEN REVIEWED AND APPROVED BY THE BOARD. X 1 800 FMV X 300 FMV X 235 FMV X 3 1480 FMV X 58 8888 FMV X TRAVEL & EVENTS 67 113117 FMV X WELLNESS 23 15575 FMV X GIFT CERTIFICATES 38 7470 FMV X PHOTOSHOOTS 7 7380 FMV 0 0 0 0 Schedule M, Part I IN PART I UNDER COLUMN B, WE REPORTED NUMBER OF CONTRIBUTIONS. Form 990, Part VI, Section B, Line 11b A COPY OF THE COMPLETED FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. Form 990, Part VI, Section C, Line 19 FINANCIAL AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REASONABLE REQUEST. IN ADDITION, THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC VIA GUIDESTAR.ORG AND IRS.GOV.