Nonprofit · EIN 33-0266969
FIRST CHANCE FOUNDATION
Tax-exempt · RCH PALOS VRD, CA 90275
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $63,173 | $136,678 | -$73,505 | $61,582 | $0 | $61,582 |
| June 30, 2024 | 990-EZ | $95,556 | $120,904 | -$25,348 | $135,087 | $0 | $135,087 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $62,525
- Program service revenue
- $0
- Investment income
- $648
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $136,678
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
Balance sheet and other
- Total assets, start of year
- $135,087
- Total assets, end of year
- $61,582
- Total liabilities, end of year
- $0
- Net assets, end of year
- $61,582
- Cash, savings and investments
- $61,582
- Gross receipts
- $63,173
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charles LaFranchi | President | 10 | $0 |
| James Hawley | Vice President | 12 | $0 |
| Gary Greene | Secretary/Treasurer | 15 | $0 |
990-EZ for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charles LaFranchi | President | 20 | $0 |
| James Hawley | Vice President | 15 | $0 |
| Gary Greene | Secretary/Treasurer | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 2 SADDLE RD, RCH PALOS VRD, CA 90275-6510
- In care of
- % GARY GREENE
- Mailing address (990-N for 2016)
- 2 Saddle Road, Rancho Palos Verdes CA 90275
- Principal officer (990-N for 2016)
- Gary Greene, 2 Saddle Road, Rancho Palos Verdes CA 90275
- Signed the 990-EZ
- Gary Greene, Secretary/Treasurer
- Phone
- (310) 831-9691
California records
California keeps its own records of charities and corporations. Search them by EIN 33-0266969 or by the name FIRST CHANCE FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Give scholarships to lower income students to attend college or a trade school. High school counselors choose the students about 46 supported
Program accomplishments
- About 46 students supported with scholarships to about 24 different collegesgrants $136,678
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 33-0266969
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $61,582
- Income (IRS master file)
- $63,173
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $63,173 | $136,678 | $61,582 | XML |
| 990-EZ | June 2024 | $95,556 | $120,904 | $135,087 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-N for 2016 Officer: Gary Greene | June 30, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 33-0266969).
Questions about FIRST CHANCE FOUNDATION
- What is the EIN of FIRST CHANCE FOUNDATION?
- The employer identification number (EIN) of FIRST CHANCE FOUNDATION is 33-0266969.
- Is FIRST CHANCE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to FIRST CHANCE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FIRST CHANCE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FIRST CHANCE FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FIRST CHANCE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of FIRST CHANCE FOUNDATION?
- The 990-N for 2016 names Gary Greene.
- Who are the officers and directors of FIRST CHANCE FOUNDATION?
- The 990-EZ for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does FIRST CHANCE FOUNDATION have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $63,173, expenses of $136,678 and total assets of $61,582 at year end.
Other nonprofits in RCH PALOS VRD
- GREEN HILLS MEMORIAL PARK ENDOWMENT CARE TRUST FUND EIN 33-0219994 · last filed 990 for 2025
- FOSTER CHARITABLE TR 010296 EIN 33-6195828 · last filed 990-PF for 2025
- PALOS VERDES PENINSULA LAND CONSERVANCY EIN 33-0309722 · last filed 990 for 2024
- SAGE SOCAL INC EIN 99-1871717 · last filed 990 for 2025
- PENINSULA RACQUET CLUB EIN 23-7419470 · last filed 990 for 2025
- KINGDOM FIRE MINISTRIES EIN 82-0754910 · last filed 990 for 2024
- PORTUGUESE BEND BEACH CLUB INC EIN 33-0398845 · last filed 990 for 2025
- THE SALVATION ARMY SAN DIEGO RESIDENCES INC EIN 33-0553621 · last filed 990 for 2024