2024-05-03T11:26:47-05:00 2023-06-30 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2022-07-01 952452557 CITRUS COLLEGE FOUNDATION CITR 6269148825 1000 W FOOTHILL BLVD GLENDORA CA 91741 CHRISTINA GARCIA DIRECTOR OF THE FOUNDATION 6269148825 2024-05-01 1 CHRISTINA GARCIA 999009999 0 CATHERINE L GRAY CPA P01294460 9094664410 2024-04-22 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTINA GARCIA 1000 W FOOTHILL BLVD GLENDORA CA 91741 1052097 0 X WWW.CITRUSCOLLEGE.EDU/FOUNDATION X 1996 CA THE CITRUS COLLEGE FOUNDATION DEVELOPS AND NUTURES RELATIONSHIPS WHICH PROVIDE RESOURCES TO FURTHER THE DISTRICT'S MISSION OF ADVANCING STUDENTS' EDUCATIONAL GOALS. 23 23 0 25 0 0 375557 763053 0 0 293692 276663 12067 12381 681316 1052097 131866 180614 0 0 54562 71794 0 0 84379 352430 404334 538858 656742 142458 395355 11387856 12763723 25486 123363 11362370 12640360 THE CITRUS COLLEGE FOUNDATION DEVELOPS AND NUTURES RELATIONSHIPS WHICH PROVIDE RESOURCES TO FURTHER THE DISTRICT'S MISSION OF ADVANCING STUDENTS' EDUCATIONAL GOALS. 0 0 97218 97218 SCHOLARSHIPS AND GRANTS TO STUDENTS ATTENDING CITRUS COMMUNITY COLLEGE 83396 83396 GRANTS TO INDIVIDUALS FOR VARIOUS PROGRMAS AND INNOVATION GRANTS TO VARIOUS DEPARTMENTS OF THE DISTRICT. 225003 OTHER PROGRAMATIC SUPPORT EXPENSES UNRELATED TO THE ORGANIZATION'S MISSION INCLUDING SPECIAL PROJECT FUNDS, VETERAN FUNDS, VOCATIONAL FUNDS, ETC. 405617 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 1 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 0 CA X CHRISTINA GARCIA 6269148825 1000 W FOOTHILL BLVD GLENDORA CA 91741 PHYLLIS FRITZ BOARD PRESIDENT 2.00 X X 0 0 0 AARON RALPH IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 SHERRY GLAB BOARD SECRETARY 2.00 X X 0 0 0 BRIAN VOSBERG BOARD TREASURER 2.00 X X 0 0 0 GREG SCHULZ DIRECTOR 2.00 40.00 X 0 322621 24524 CHRISTINA M FLOCH-GARCIA DIRECTOR 40.00 X 0 143446 22735 LAURA BOLLINGER DIRECTOR 2.00 X 0 3440 24524 CLAUDETTE E DAIN DIRECTOR 2.00 40.00 X 0 241696 24524 LEVI RICHARD DIRECTOR 2.00 40.00 X 0 180839 24524 BRICEYDA TORRES DIRECTOR 2.00 40.00 X 0 84276 24524 DANA HESTER DIRECTOR 2.00 40.00 X 0 210254 24524 STACY ARENA DIRECTOR 2.00 X 0 0 0 BRIAN BOWCOCK DIRECTOR 2.00 X 0 0 0 CAROL CHANEY DIRECTOR 2.00 X 0 0 0 STEVEN FLOWERS DIRECTOR 2.00 X 0 0 0 CHRISTINE DOEVE DIRECTOR 2.00 X 0 0 0 MARTIN GUNDERSON DIRECTOR 2.00 X 0 0 0 CELESTE PALMER DIRECTOR 2.00 X 0 0 0 CARLOS RAMONS DIRECTOR 2.00 X 0 0 0 ROBERT SLACK DIRECTOR 2.00 X 0 0 0 DIANE WILKINSON DIRECTOR 2.00 X 0 0 0 0 1186572 169879 0 0 1 0 0 14000 749053 763053 276663 276663 2118 2118 OTHER INCOME 611710 10263 10263 10263 1052097 10263 0 278781 83396 83396 97218 97218 71794 71794 40235 40235 30030 30030 1594 1594 16316 16316 6777 6777 SUPPLIES AND UNIFORMS 139749 139749 FUNDRAISING AND HOSPITA 84379 84379 EQUIPMENT REPAIRS AND M 37818 37818 COMMUNITY RELATIONS 23729 23729 23707 23707 656742 405617 166746 84379 389251 659715 49592 7380 4758 4405 10936755 12084723 7500 7500 11387856 12763723 2596 12202 22890 111161 25486 123363 X 1401666 1986400 9960704 10653960 11362370 12640360 11387856 12763723 395355 882635 0 X 0 1 X 1 0 X 315734 550989 452306 375557 763053 2457639 269801 346568 236906 303935 241621 1398831 585535 897557 689212 679492 1004674 3856470 3856470 8605 280780 678640 297156 278781 1543962 5183 36408 5867 8603 10263 66324 5466756 0.70540 0.73840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 405617 405617 81123 20281 0 0 110482 72000 81123 263605 395408 100000 100000 27621 18000 20281 65902 98853 7856765 221950 359415 94156 8343974 8563881 15836 -615843 107109 7856765 7538272 185491 971343 131225 8563881 7395776 141461 83588 82553 7538272 6896913 18875 511137 31149 7395776 0.08000 0.51000 0.41000 0 0 0 DUE TO CITRUS COMMUNITY COLLEGE DISTRICT 111161 111161 X 2146323 882635 241621 1124256 1022067 30030 30030 1052097 868333 241621 241621 626712 30030 30030 656742 PART X, LINE 2: THE FOUNDATION HAS ADOPTED FASB ASC TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN, AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS. 1 CITRUS COMMUNITY COLLEGE DISTRICT 1000 W FOOTHILL BLVD GLENDORA CA 91741 956006670 115 83396 0 ACTUAL AMOUNT COLLEGE SUPPORT EDUCATIONAL SCHOLARSHIPS 97218 PART I, LINE 2: THE FOUNDATION BOARD AND STAFF MONITOR THE USE OF THE FUNDS. 0 0 0 0 0 0 0 0 0 GREG SCHULZ DIRECTOR 0 322621 0 0 0 0 0 0 0 24524 0 347145 0 0 CLAUDETTE E DAIN DIRECTOR 0 241696 0 0 0 0 0 0 0 24524 0 266220 0 0 DANA HESTER DIRECTOR 0 210254 0 0 0 0 0 0 0 24524 0 234778 0 0 LEVI RICHARD DIRECTOR 0 180839 0 0 0 0 0 0 0 24524 0 205363 0 0 CHRISTINA M FLOCH-GARCIA DIRECTOR 0 143446 0 0 0 0 0 0 0 22735 0 166181 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS COMMITTEE DEVELOPED NUMEROUS QUESTIONS AND/OR RECOMMENDATIONS AS THEY COMPLETED THE PROCESS OF REVIEWING AND RECOMMENDING AN UPDATED SET OF BYLAWS. IN SEVERAL CASES, SPECIFIC LANGUAGE AND ALL RECOMMENDED CHANGES WERE REVIEWED FOR CONSISTENCY WITH DISTRICT POLICIES AND PROCEDURES, AND THE ENTIRE DOCUMENT WAS REVIEWED BY LEGAL COUNSEL. FOLLOWING THE REVIEW PROCESS DESCRIBED ABOVE, BELOW IS A SUMMARY OF THE CHANGES FROM THE PREVIOUSLY ADOPTED BYLAWS (ARTICLES REFERENCED BELOW) TO THE RECOMMENDED UPDATED BYLAWS. ARTICLE I MINOR CHANGE TO ALIGN TO BE CONSISTENT WITH LANGUAGE IN ARTICLE III ARTICLE II MINOR CHANGE IN SECTION 5 WORDING TO CLARIFY LANGUAGE PER RECOMMENDATION ARTICLE III CHANGES IMPLEMENTED TO DESCRIBE AND CARRY OUT MEETING PRACTICES IN ALIGNMENT WITH THE BROWN ACT ARTICLE IV MINOR CHANGES TO IMPROVE CLARITY, REMOVE DUPLICATION IN WORDING, AND TO ALIGN WITH PRACTICE, PER RECOMMENDATIONS ARTICLE V MINOR CHANGES TO IMPROVE CLARITY ARTICLE VI MINOR CHANGES TO UPDATE JOB TITLE (VICE PRESIDENT OF ACADEMIC AFFAIRS), AND IMPROVE CLARITY REGARDING VOTING, PER RECOMMENDATIONS ARTICLE VII MINOR CHANGES TO SECTION 2 IN ACCORDANCE WITH GUIDANCE FROM COUNSEL, AMOUNTS UPDATED IN SECTION 5 PER RECOMMENDATIONS ARTICLE VIII MINOR CHANGES FOR CONSISTENCY THROUGHOUT DOCUMENT ARTICLE IX MINOR CHANGES TO REFLECT CURRENT (AND ALLOWABLE) PRACTICE ARTICLE X, XI, XII NO MATERIAL CHANGES ARTICLE XIII DELETED, DUPLICATION OF INFORMATION THAT EXISTS IN A SUBSEQUENT ARTICLE ARTICLE XIV MINOR CHANGES FOR CONSISTENCY WITH CURRENT (AND ALLOWABLE) PRACTICE ARTICLE XV, XVI NO MATERIAL CHANGES ARTICLE XVII MODIFIED TO BE IN ALIGNMENT WITH THE BROWN ACT, SIGNATURE SECTION MODIFIED (NOW SECRETARY, BOARD OF DIRECTOR SIGNATURE) PER GUIDANCE FROM COUNSEL FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON ITS BEHALF. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS REVIEWED BY THE FOUNDATION DIRECTOR, OR VICE PRESIDENT OF FINANCE AND ADMINISTRATIVE SERVICES OR THE DISTRICT SUPERINTENDENT/PRESIDENT WHO ARE VOTING MEMBERS OF THE BOARD. THE BOARD IS AWARE THAT THE RETURN HAS BEEN COMPLETED AND IS AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST FORMS ARE DISCUSSED AND SIGNED ON AN ANNUAL BASIS BY ALL BOARD MEMBERS ANY KNOWN CONFLICT OF INTEREST WOULD BE KNOWN BY OTHER MEMBERS AND THAT MEMBERS WOULD ABSTAIN FROM DISCUSSION AND VOTING RELATED TO THE CONFLICT OF INTEREST THERE ARE CURRENTLY NO KNOWN CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART VII SECTION A COLUMN F THE ORGANIZATION PARTICIPATES IN THE PUBLIC EMPLOYEE RETIREMENT SYSTEM OF CALIFORNIA, A DEFINED BENEFIT PLAN, DUE TO THE SIZE AND VARIED PARTICIPANTS IN THIS PLAN THE ACTUARIAL VALUE IS NOT CALCULATED ON A PER EMPLOYEE BASIS. NO AMOUNT IS INCLUDED IN COLUMN F FOR A REASONABLE ESTIMATE OF THE INCREASE IN ACTUARIAL VALUE. CITRUS COMMUNITY COLLEGE DISTRICT 1000 W FOOTHILL BLVD GLENDORA CA 91741 956006670 COLLEGE DISTRICT CA 115 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 CITRUS COMMUNITY COLLEGE DISTRICT O 229622 ACTUAL COSTS CITRUS COMMUNITY COLLEGE DISTRICT N 11999 ACTUAL COSTS CITRUS COMMUNITY COLLEGE DISTRICT B 83396 ACTUAL COSTS