2025-05-23T11:49:35-05:00 2024-06-30 953309779 GURSEY SCHNEIDER LLP 2121 AVENUE OF THE STARS SUITE 1300 LOS ANGELES CA 90067 990 2023-07-01 953180934 FULFILLMENT FUND FULF 3239008750 1150 S OLIVE STREET SUITE 2050 LOS ANGELES CA 90015 JENNIFER OCAMPO CFO 3239008750 2025-05-22 1 1 NAZ AFSHAR P00441843 3105520960 2023 2025-03-06 01:10:19Z JENNIFER OCAMPO 1150 S OLIVE STREET SUITE 2050 LOS ANGELES CA 90015 3795232 0 X WWW.FULFILLMENT.ORG X 1977 CA FULFILLMENT FUND MAKES COLLEGE A REALITY FOR STUDENTS FROM ECONOMICALLY AND EDUCATIONALLY UNDERRESOURCED COMMUNITIES. 24 24 21 130 0 0 3398167 3253019 266400 291775 77320 159179 0 0 3741887 3703973 274400 519201 0 0 2001623 2254192 0 0 685026 906561 1092661 3182584 3866054 559303 -162081 6684172 8205630 246919 1852476 6437253 6353154 X FULFILLMENT FUND MAKES COLLEGE A REALITY FOR STUDENTS FROM ECONOMICALLY AND EDUCATIONALLY UNDERRESOURCED COMMUNITIES. THROUGH IN-DEPTH AND INDIVIDUALIZED SUPPORT, EACH YEAR FULFILLMENT FUND HELPS THOUSANDS OF FIRST-GENERATION, LOW-INCOME STUDENTS GO TO AND COMPLETE COLLEGE. 0 0 1073020 117620 COLLEGE ACCESS PROGRAM: 9TH - 12TH GRADE STUDENTS ATTENDING FULFILLMENT FUND PARTNER HIGH SCHOOL RECEIVE CLASSROOM-BASED INSTRUCTION, INTENSIVE ONE-ON-ONE COLLEGE AND FINANCIAL AID COUNSELING FROM MASTER'S LEVEL COUNSELORS, SAT AND ACT PREPARATION, COLLEGE SITE VISITS AND EXPERIENTIAL LEARNING ACTIVITIES. OUR PROGRAMS OPEN YOUNG PEOPLE'S EYES TO THE POSSIBILITY OF HIGHER EDUCATION, AND CHANGE THEIR BELIEFS ABOUT WHAT THE STUDENTS ARE CAPABLE OF ACHIEVING. THIS PROGRAM SERVES 3,700 STUDENTS. 1548985 519201 174155 COLLEGE SUCCESS PROGRAM: FULFILLMENT FUND STUDENTS MATRICULATING TO COLLEGE ARE ELIGIBLE TO COMPETE FOR FULFILLMENT FUND COLLEGE SCHOLARSHIPS, WHICH NOT ONLY PROVIDE FINANCIAL ASSISTANCE BUT ARE COMBINED WITH COUNSELING AND ADVISING SUPPORT TO PROVIDE ACADEMIC, CAREER AND WORKFORCE READINESS SERVICES SO THEY CAN COMPLETE THEIR DEGREE AND EMBARK ON A PROFESSIONAL CAREER. FULFILLMENT FUND COLLEGE SCHOLARS HAVE A GRADUATION RATE OF 86%, COMPARED TO THE 54% RATE OF THEIR NATIONAL COUNTERPARTS. AS THEY GRADUATE FROM COLLEGE, FULFILLMENT FUND ALUMNI ARE ENCOURAGED TO SUPPORT THE ORGANIZATION AND THE NEXT GENERATION OF STUDENTS BY BECOMING DONORS, VOLUNTEERS AND AMBASSADORS. IN THIS WAY, THE WORK OF THE FULFILLMENT FUND PERPETUATES A CYCLE OF GIVING IN THE COMMUNITY. THIS PROGRAM SERVES 521 STUDENTS. 2622005 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 10 0 1 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X X JENNIFER OCAMPO 3239008750 1150 S OLIVE STREET SUITE 2050 LOS ANGELES CA 90015 X BART PACHINO DIRECTOR 2.00 X 0 0 0 BRIAN K WERDESHEIM DIRECTOR 1.00 X 0 0 0 CARL SCHUSTER DIRECTOR 1.00 X 0 0 0 CARMEN WARD DIRECTOR 1.00 X 0 0 0 CHARLES KAPLAN DIRECTOR 1.00 X 0 0 0 CHERNA GITNICK CO-FOUNDER 1.00 X 0 0 0 CHERYL SNOW DIRECTOR 2.00 X 0 0 0 DANIEL K FORKKIO DIRECTOR 2.00 X 0 0 0 DAVID CASARES DIRECTOR 1.00 X 0 0 0 DAVID HUGHES DIRECTOR 1.00 X 0 0 0 ERIC KRAUTHEIMER DIRECTOR 1.00 X 0 0 0 HARLAN SPINNER DIRECTOR 1.00 X 0 0 0 HENRY BRANDON DIRECTOR 1.00 X 0 0 0 JANA WARING GREER DIRECTOR 1.00 X 0 0 0 JIM WARD DIRECTOR 1.00 X 0 0 0 JOSH KLINEFELTER DIRECTOR 1.00 X 0 0 0 KEITH THOLAN DIRECTOR 1.00 X 0 0 0 LINDY HUANG WERGES DIRECTOR 2.00 X 0 0 0 MADELEINE SHERAK PHD DIRECTOR 1.00 X 0 0 0 MARCO MENDOZA DIRECTOR 1.00 X 0 0 0 MARK GORDON DIRECTOR 1.00 X 0 0 0 MARY ANN TODD ESQ SECRETARY 1.00 X X 0 0 0 TRACY HERRIOTT DIRECTOR 1.00 X 0 0 0 WENDY SPINNER CHAIR 5.00 X X 0 0 0 RACHEL LIVINGSTON CPO 40.00 X 155731 0 0 JENNIFER OCAMPO CFO 40.00 X 156526 0 0 ALISON MEISEL DIRECTOR OF DEVELOPMENT 40.00 X 116078 0 0 JOHN KUHLMANN DIRECTOR, COLLEGE ACCESS PROGRAM 40.00 X 109584 0 0 AMELIA MACRAE DIRECTOR OF CORPORATE & FOUNDATION RELATIONS 40.00 X 100014 0 0 CHRISTINE JOANNE UY REYES CEO 40.00 X 216944 0 0 854877 0 0 6 1 1 0 0 526092 2726927 58717 3253019 PROGRAM SERVICE FEES 561499 291775 291775 291775 159179 159179 91259 526092 91259 0 3703973 291775 0 159179 X 519201 519201 211009 144442 28505 38062 1659922 1083609 224616 351697 383261 254661 50046 78554 68643 68643 346226 163205 103195 79826 288778 189973 49402 49403 8380 7989 122 269 48067 31377 8345 8345 41281 26948 7166 7167 SOFTWARE 102844 60513 2893 39438 MEALS AND CULTURAL ACTI 56194 49126 2603 4465 TELEPHONE 32765 23088 4139 5538 SUPPLIES 32373 26865 2702 2806 67110 41008 6646 19456 3866054 2622005 559023 685026 600 600 925745 923762 365875 775336 72455 117855 267170 87997 79762 179173 4715505 4455550 524230 1753354 6684172 8205630 210077 439211 111000 36842 1302265 246919 1852476 X 5555506 5388780 881747 964374 6437253 6353154 6684172 8205630 X -162081 73669 4313 X X 0 1 X 1 0 X 3988355 3474076 6321887 3398167 3253018 20435503 3988355 3474076 6321887 3398167 3253018 20435503 5654012 14781491 77320 159179 236499 20672002 0.71500 0.70610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 292008 292008 292008 292008 292008 292008 292008 292008 292008 292008 1.00000 0 0 44096 3675 40421 223074 84322 138752 0 179173 TREASURY BILLS AND NOTES 4455550 C 4455550 CASH SURRENDER VALUE OF INSURANCE POLICY 483067 SECURITY DEPOSIT 15651 RIGHTS OF USE ASSETS 1254636 1753354 RIGHT-OF-USE LIABILITY, OPERATING LEASE, CURRENT PORTION 1302265 1302265 X 3808248 77982 26293 104275 3703973 0 3703973 3892347 26293 26293 3866054 0 3866054 PART X, LINE 2: THE FULFILLMENT FUND EVALUATES TAX POSITIONS AND RECOGNIZES A LIABILITY FOR ANY POSITIONS THAT WOULD NOT BE CONSIDERED "MORE LIKELY THAN NOT" TO BE UPHELD UNDER A TAX AUTHORITY EXAMINATION. IF SUCH ISSUES EXIST, THE FULFILLMENT FUND'S POLICY WILL BE TO RECOGNIZE ANY TAX LIABILITY SO RECORDED, INCLUDING APPLICABLE INTEREST AND PENALTIES, AS A COMPONENT OF INCOME TAX EXPENSE. NO SUCH POSITIONS HAVE BEEN IDENTIFIED. DURING THE YEARS ENDED JUNE 30, 2024 AND 2023, THE FULFILLMENT FUND RECOGNIZED NO INTEREST OR PENALTIES. PART V, LINE 4 TO BUILD AN ENDOWMENT TO SECURE THE FUTURE OF THE ORGANIZATION. X X X X X X CA SIP & CELEBRATE 617351 526092 91259 6800 51346 33113 617351 526092 91259 6800 51346 33113 91259 0 1 SCHOLARSHIPS 365 506751 FMV N/A PART I, LINE 2: PREREQUISITES FOR ALL SCHOLARSHIP RECIPIENTS ARE PARTICIPATION IN THE FULFILLMENT FUND HIGH SCHOOL PROGRAMS, EXPECTED GRADUATION FROM HIGH SCHOOL, AND A PLAN TO PURSUE HIGHER EDUCATION. CURRENT COMMUNITY COLLEGE STUDENTS ARE ALSO ELIGIBLE TO APPLY FOR SCHOLARSHIPS TOWARDS A FOUR-YEAR DEGREE PROGRAM. ALL STUDENTS MUST HAVE A MINIMUM 2.0 GPA. (SEE ALSO FULFILLMENT FUND SCHOLARSHIP POLICY.) THE FULFILLMENT FUND SCHOLARSHIP COMMITTEE (MADE UP OF VOLUNTEERS AND FULFILLMENT FUND STAFF) REVIEWS THE APPLICATIONS FOR ALL STUDENTS AND ASSIST IN DETERMINING WHO IS AWARDED SCHOLARSHIPS BASED ON A POINTS SYSTEM OF SCHOLARSHIPS CRITERIA. SCHOLARSHIPS ARE AWARDED ON A YEAR TO YEAR BASIS, AND THEREFORE THE SCHOLARSHIPS EXPENSE AND SCHOLARSHIPS LIABILITY IS RECORDED AT THE TIME OF AWARD. PAYMENT IS TYPICALLY DISBURSED PER SEMESTER AS LONG AS THE SCHOLAR SUBMITS A COMPLETE SCHOLARSHIP PAYMENT REQUEST BY THE APPLICABLE DEADLINE. TO ENSURE THAT THE STUDENTS ARE STILL ELIGIBLE FOR THEIR SCHOLARSHIP AND IS PROGRESSING WITH THEIR COLLEGE EDUCATION, THE REQUEST INCLUDES THE FOLLOWING REQUIREMENTS: THE STUDENT'S TRANSCRIPT FOR THE LAST SEMESTER TO VERIFY >2.0 GPA AND FULL-TIME ENROLLMENT, AND A COPY OF THE STUDENT'S FINANCIAL AID AWARD LETTER AS WELL AS A COPY OF THEIR STUDENT AID REPORT. IN ADDITION, STUDENTS ARE REQUIRED TO COMPLETE A CHECK-IN WITH THEIR FULFILLMENT FUND ADVISOR AND PARTICIPATE IN A WEBINAR /EVENT TO MAINTAIN ELIGIBILITY FOR A SCHOLARSHIP. FURTHERMORE, STUDENTS MUST COMPLETE A TERM SURVEY CHECK IN. FOR THE CHECK-IN, THEIR SURVEY, AND EVENT PARTICIPATION ARE ALSO KEPT ON THE STUDENT DATA PLATFORM COPILOT. SCHOLARSHIP AMOUNTS ARE TYPICALLY BETWEEN $1,000 TO $1,500 PER YEAR FOR A 4-YEAR UNIVERSITY OR $500-$1,000 PER YEAR FOR A COMMUNITY COLLEGE. AMOUNTS ARE DETERMINED BY THE COLLEGE SUCCESS SCHOLARSHIP STAFF COMMITTEE, BASED ON THE STUDENT'S NEED ANALYSIS. IF STUDENTS DO NOT SUBMIT THEIR RENEWAL FORM, FAIL TO MEET THE CRITERIA, OR IF THE STUDENTS DROP OUT OF SCHOOL, THEIR SCHOLARSHIP LIABILITY IS WRITTEN OFF FOR THE SEMESTER (AMOUNT OF THE WRITE-OFF DEPENDS ON WHETHER THE STUDENT PLANS TO CONTINUE THEIR EDUCATION OR NOT). EXCEPTIONS TO ELIGIBILITY REQUIREMENTS ARE MADE ON A CASE-BY-CASE BASIS AND APPROVED BY THE COLLEGE SUCCESS STAFF. FOR DISBURSEMENT OF FUNDS, THE SCHOLAR IS REQUIRED TO PROVIDE THEIR DEPOSIT BANKING INFORMATION TO FULFILLMENT FUND VIA THE SCHOLARSHIP PROGRAM ENROLLMENT FORM. THE COLLEGE SUCCESS DIRECTOR SUBMITS REQUESTS FOR PAYMENT OF AWARDS ALLOCATED FOR EACH STUDENT TO ACCOUNTING. DISBURSEMENTS ARE PAID VIA ELECTRONIC PAYMENT OR CHECK. ON A MONTHLY BASIS, THE COLLEGE SUCCESS TEAM AND ACCOUNTING DEPARTMENT PERFORM A MONTHLY RECONCILIATION TO VERIFY THE ACCURACY OF THE FUNDS DISBURSED. X X X X X X 1 0 0 0 0 0 0 0 0 CHRISTINE JOANNE UY REYES CEO 216944 0 0 0 0 0 0 0 0 0 216944 0 0 0 JENNIFER OCAMPO CFO 156526 0 0 0 0 0 0 0 0 0 156526 0 0 0 RACHEL LIVINGSTON CPO 155731 0 0 0 0 0 0 0 0 0 155731 0 0 0 X FURNITURE 0 54860 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 WENDY SPINNER, A CHAIR OF THE BOARD, IS MARRIED TO HARLAN SPINNER, A DIRECTOR OF THE BOARD. CARMEN WARD, A DIRECTOR OF THE BOARD, IS MARRIED TO JIM WARD, A DIRECTOR OF THE BOARD. TRACY HERRIOTT, A DIRECTOR OF THE BOARD, IS THE DAUGHTER OF CHERNA GITNICK, CO-FOUNDER OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE CEO, CFO AND AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 ON BEHALF OF THE BOARD OF DIRECTORS. THE FORM 990 IS PREPARED WITH THE ASSISTANCE OF MANAGEMENT'S TAX PREPARER AND A DRAFT OF THE FORM 990 IS PROVIDED TO THE CEO, CFO AND AUDIT COMMITTEE SO THAT THE COMMITTEE MEMBERS MAY REVIEW THE TAX RETURN, ASK THEIR QUESTIONS OF,PROVIDE COMMENTS TO AND SPEAK WITH MANAGEMENT AND THE TAX PREPARER. ONCE COMMITTEE MEMBERS HAVE SATISFIED THEMSELVES OF THEIR QUESTIONS OR COMMENTS TO THE FORM 990, COMMITTEE MEMBERS THEN APPROVE THE FILING OF FORM 990 AS PRESENTED. THE APPROVED FORM 990 IS THEN DISTRIBUTED TO THE BROADER BOARD OF DIRECTORS AT THE SUBSEQUENT BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 18: THE ORGANIZATION'S FORM 1023 IS AVAILABLE TO THE PUBLIC THROUGH THE ORGANIZATION'S WEBSITE OR UPON REQUEST. FORM 990 IS AVAILABLE TO THE PUBLIC THROUGH THE ORGANIZATION'S WEBSITE, THROUGH WWW.GUIDESTAR.ORG, WHICH IS A PUBLIC WEBSITE, OR UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS RECEIVE ANNUAL TRAINING ON COMPLETING THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO RECOMMIT TO THE POLICY EACH YEAR, DISCLOSING CONFLICTS AS APPLICABLE. FORM 990, PART VI, SECTION B, LINE 15 ALL SALARIES, INCLUDING THOSE OF KEY EMPLOYEES AND OFFICERS, ARE INITIALLY ESTABLISHED BASED ON COMPENSATION SURVEYS AND RELATED INDUSTRY BENCHMARKS AND ARE RE-EVAULATED PERIODICALLY AGAINST SUBSEQUENT COMPENSATION STUDIES, WITH ADJUSTMENTS MADE AS NECCESSARY BASED UPON SAID STUDIES. THE BOARD REVIEWS THE SALARY BUDGET IN THE AGGREGATE ON AN ANNUAL BASIS, REQUESTING MORE SPECIFIC INFORMATION AS NEEDED. A COMPENSATION SUBCOMMITTEE OF THE BOARD WAS ESTABLISHED TO SET THE CEO'S SALARY SPECIFICALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC AS A PART OF ITS ANNUAL REPORT, AVAILABLE ON ITS WEBSITE. ADDITIONALLY, GOVERNING DOCUMENTS, CONFLICT OF INTEREST OF POLICIES AND FINANCIAL STATEMENTS ARE ALL AVAILABLE UPON REQUEST FROM THE ORGANIZATION'S OFFICE. FORM 990, PART IX, LINE 11G OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 163,205. MANAGEMENT AND GENERAL EXPENSES 103,195. FUNDRAISING EXPENSES 79,826. TOTAL EXPENSES 346,226. FORM 990, PART XI, LINE 9: INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES: 4,313. PART XII, LINE 2C EXPLANATION THE ORGANIZATION USED GURSEY SCHNEIDER LLP AS THEIR AUDITORS. FULFILLMENT FUND LAS VEGAS (FFLV) 3100 E PATRICK LANE LAS VEGAS NV 89120 462083219 PROVIDING STUDENTS WITH EDUCATIONAL ASSISTANCE AND COLLEGE READINESS. NV 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0