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Nonprofit · EIN 33-0411257

STRIVE FOUNDATION

Tax-exempt · LOS ANGELES, CA 90003

Financials

$1.5M$1.1M2023$3.3M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of STRIVE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,330,017$1,700,335$1,629,682$5,212,938$19,873$5,193,065
December 31, 2023990$1,487,897$1,119,597$368,300$3,496,956$2,070$3,494,886
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,207,716
Program service revenue
$22,790
Investment income
$99,511
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$115,342
Other salaries and wages
$603,286
Salaries, compensation and benefits (total)
$814,947
Professional fundraising fees
$0
Legal fees
$605
Accounting fees
$33,132
Occupancy
$26,836
Depreciation
$55,601
Program services (functional)
$1,449,621
Management and general (functional)
$184,741
Fundraising (functional)
$65,973

Balance sheet and other

Total assets, start of year
$3,496,956
Total assets, end of year
$5,212,938
Total liabilities, end of year
$19,873
Net assets, end of year
$5,193,065
Land, buildings and equipment
$1,428,376
Publicly traded securities
$719,617
Net assets without donor restrictions
$4,331,355
Net assets with donor restrictions
$861,710
Gross receipts
$3,330,017
Employees
0
Volunteers
0
Year formed
1991
State of legal domicile
CA

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JIM TETREAUPRESIDENT
Trustee or director, Officer
40$115,342
CLAIRE CACCIAPAGLIABOARD CHAIR
Trustee or director
4$0
ANDREW CHUNGDIRECTOR
Trustee or director
0.5$0
GRAHAM CULPDIRECTOR
Trustee or director
0.5$0
RITA DEVERDIRECTOR
Trustee or director
0.5$0
AUSTIN DRAGONDIRECTOR
Trustee or director
0.5$0
ESENIA FOMBONADIRECTOR
Trustee or director
0.5$0
JACK GAMPLEDIRECTOR
Trustee or director
0.5$0
BANYON HUTTERDIRECTOR
Trustee or director
0.5$0
BRIDGET GLESS KELLERDIRECTOR
Trustee or director
0.5$0
HEALTHER LUCASDIRECTOR
Trustee or director
0.5$0
BRET NIELSENDIRECTOR
Trustee or director
0.5$0
LARRY SANDDIRECTOR
Trustee or director
0.5$0
EMADA TINGIRIDESDIRECTOR
Trustee or director
0.5$0
HOWARD WALDOWDIRECTOR
Trustee or director
0.5$0
3 more people on this return
NameTitleHours / weekCompensation
JOHN WOOD JRDIRECTOR
Trustee or director
0.5$0
GARY L WILSON EMERITUSDIRECTOR
Trustee or director
0.5$0
JOHN COGHLIN EMERITUSDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
JIM TETREAUPRESIDENT
Trustee or director, Officer
40$100,000
DONALD ANDERSON JRVICE-PRESIDENT
Trustee or director, Officer
20$31,731
CLAIRE CACCIAPAGLIACHAIR
Trustee or director
0.5$0
JOHN COGHLIN EMERITUSDIRECTOR
Trustee or director
0.5$0
AUSTIN DRAGONDIRECTOR
Trustee or director
0.5$0
ESENIA FOMBONADIRECTOR
Trustee or director
0.5$0
JACK GAMPLEDIRECTOR
Trustee or director
0.5$0
LARRY SANDDIRECTOR
Trustee or director
0.5$0
EMADA TINGIRIDESDIRECTOR
Trustee or director
0.5$0
HOWARD WALDOWDIRECTOR
Trustee or director
0.5$0
GARY L WILSON EMERITUSDIRECTOR
Trustee or director
0.5$0
JOHN WOOD JRDIRECTOR
Trustee or director
0.5$0
SCOTT COLESDIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
9124 S MAIN ST, LOS ANGELES, CA 90003-3723
In care of
% JIM TETREAU
Principal officer (990 for 2024)
JAMES E TETREAU, 9124 S MAIN STREET, LOS ANGELES, CA 90003
Signed the 990
JAMES E TETREAU, PRESIDENT/CEO
Phone
(323) 779-1064
Return prepared by
MORSE & BARNEY CPA'S

Mission

STRIVE FOUNDATION'S PRIMARY MISSION IS TO PROVIDE EXEMPLARY ACADEMIC AND GUIDANCE TO CHILDREN, YOUTH AND THEIR FAMILIES IN THE WATTS COMMUNITY OF LOS ANGELES. THE STRIVE FOUNDATION PROVIDES EDUCATION, SUPPORT AND DEVELOPMENT IN READING, WRITING AND ENGLISH LITERACY; MATH AND COGNITIVE SKILLS; COMPUTER AND INFORMATION LITERACY; CULINARY AND ARTS; PROTEGE RESOURCES; DEVELOPMENT OF THE MORAL, CREATIVE AND ENTREPRENEURIAL SPIRIT.

990 for the year ended December 31, 2024

Program accomplishments

  • THE STRIVE FOUNDATION PROVIDES FOR AN ACADEMY-LEARNING ENVIRONMENT; AND, FROM A CHARACTER-IS-PARAMOUNT PERSPECTIVE, THE STRIVE FOUNDATION HELPS CHILDREN ACHIEVE READING, WRITING, ENGLISH-LANGUAGE FLUENCY AND MATH SKILLS PROFICIENCY IN THEIR GRADE LEVEL. STRIVE'S MISSION IS TO PROVIDE A SANCTUARY OF INSTRUCTOR, GUIDANCE & RESOURCES THAT BETTER EQUIP CHILDREN TO NAVIGATE THROUGH THE PROBLEMS THEY FACE IN THEIR CHALLENGING COMMUNITY OF WATTS AND BEYOND. STRIVE SERVES APPROXIMATELY 157 STUDENTS DAILY WITH AN ADDITIONAL 126 STUDENTS ON SCHOLARSHIP RANGING FROM 1ST GRADE THROUGH COLLEGE. WE ALSO HAVE 17 STUDENTS IN OUR YOUTH CHOIR PROGRAM AND 50 STUDENTS IN OUR GUITAR CLASS.
    Expenses $1,449,621 · revenue $22,790

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
33-0411257
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,212,938
Income (IRS master file)
$3,330,017

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,330,017$1,700,335$5,212,938XML
990December 2023$1,487,897$1,119,597$3,496,956XML
990December 2022$1,036,385$908,238$3,055,725IRS
990December 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about STRIVE FOUNDATION

What is the EIN of STRIVE FOUNDATION?
The employer identification number (EIN) of STRIVE FOUNDATION is 33-0411257.
Is STRIVE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to STRIVE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does STRIVE 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 STRIVE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did STRIVE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of STRIVE FOUNDATION?
The 990 for the year ended December 31, 2024 names JAMES E TETREAU.
Who are the officers and directors of STRIVE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $115,342 (JIM TETREAU, PRESIDENT).
How much revenue does STRIVE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,330,017, expenses of $1,700,335 and total assets of $5,212,938 at year end.

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