2017-05-15T15:36:13-05:00 2016-06-30 953309779 GURSEY SCHNEIDER LLP 1888 CENTURY PARK EAST SUITE 900 LOS ANGELES CA 900671735 990 2015-07-01 953180934 FULFILLMENT FUND FULF 3239399707 6100 WILSHIRE BLVD NO 600 LOS ANGELES CA 90048 MARIA ESPINOSA CEO 3239008721 2017-05-10 1 NAZ AFSHAR P00441843 3105520960 2015 2021-01-29 14:40:06Z MARIA ESPINOSA 6100 WILSHIRE BLVD SUITE 600 LOS ANGELES CA 90048 4012111 0 X WWW.FULFILLMENT.ORG X 1977 CA TO MAKE COLLEGE A REALITY FOR STUDENTS GROWING UP IN EDUCATIONALLY AND ECONOMICALLY UNDERRESOURCED COMMUNITIES. THROUGH IN-DEPTH AND INDIVIDUALIZED SUPPORT, THE FULFILLMENT FUND HELPS THOUSANDS OF STUDENTS EACH YEAR. 27 27 52 500 0 0 3930137 3305577 130889 171245 185064 47841 0 0 4246090 3524663 270110 451134 0 0 3182771 3022760 0 0 961781 1329270 1449295 4782151 4923189 -536061 -1398526 7148278 5545771 735774 650801 6412504 4894970 X TO MAKE COLLEGE A REALITY FOR STUDENTS GROWING UP IN EDUCATIONALLY AND ECONOMICALLY UNDERRESOURCED COMMUNITIES. THROUGH IN-DEPTH AND INDIVIDUALIZED SUPPORT, THE FULFILLMENT FUND HELPS THOUSANDS OF STUDENTS GROWING UP IN UNDER-RESOURCED COMMUNITIES ACHIEVE THE DREAM OF A COLLEGE EDUCATION. THE MAJORITY OF FULFILLMENT FUND STUDENTS BECOME THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE, HELPING BREAK THE CYCLE OF POVERTY IN THEIR FAMILY, COMMUNITY AND LOCAL ECONOMY. 0 0 1719607 171245 HIGH SCHOOL PROGRAM: 9TH - 12TH GRADE STUDENTS ATTENDING FULFILLMENT FUND PARTNER SCHOOLS RECEIVE CLASSROOM-BASED INSTRUCTION, ONE-ON-ONE COLLEGE AND FINANCIAL AID COUNSELING, SAT PREPARATION, COLLEGE SITE VISITS AND EXPERIENTIAL LEARNING ACTIVITIES. OUR PROGRAMS OPEN YOUNG PEOPLES EYES TO THE POSSIBILITY OF HIGHER EDUCATION, AND CHANGE THEIR BELIEFS ABOUT WHAT THEY ARE CAPABLE OF ACHIEVING. THE LESSONS OF THE FULFILLMENT FUND HIGH SCHOOL CLASSROOM CURRICULUM ARE FOCUSED ON FOUR THEMES; HIGH SCHOOL GRADUATION READINESS, SELF-ADVOCACY AND EMPOWERMENT, PRACTICAL LIFE SKILLS AND COLLEGE READINESS. 890157 MENTORING PROGRAM: THE FULFILLMENT FUND MATCHES STUDENTS WITH A CARING, COMMITTED ADULT MENTOR VOLUNTEER WHO PROVIDES ONE-ON-ONE SUPPORT AND GUIDANCE ON THE STUDENTS PATH TO HIGH SCHOOL GRADUATION AND TRANSITION TO COLLEGE. THE FULFILLMENT FUND PROVIDES IN-DEPTH TRAINING TO ALLMENTORS, AS WELL AS ONGOING SUPPORT TO EACH MENTOR-STUDENT TEAM. 1062244 451134 POST-SECONDARY SERVICES: FULFILLMENT FUND STUDENTS MATRICULATING TO COLLEGE ARE ELIGIBLE TO COMPETE FOR FULFILLMENT FUND COLLEGE SCHOLARSHIPS. AS STUDENTS PROGRESS THROUGH COLLEGE, THE FULFILLMENT FUND SCHOLARSHIP PROGRAM PROVIDES TUITION SUPPORT AND GUIDANCE IN DIRECTING STUDENTS TO ACADEMIC, CAREER AND WORKFORCE TRAINING SERVICES AT THEIR COLLEGE SO THEY CAN COMPLETE THEIR DEGREE AND EMBARK ON A PROFESSIONAL CAREER. AS THEY GRADUATE FROM COLLEGE, FULFILLMENT FUND ALUMNI ARE ENCOURAGED TO SUPPORT THE ORGANIZATION AND THE NEXT GENERATION OF STUDENTS BY BECOMING DONORS, MENTORS, VOLUNTEERS AND AMBASSADORS. IN THIS WAY, THE WORK OF THE FULFILLMENT FUND PERPETUATES A CYCLE OF GIVING IN THE COMMUNITY. 3672008 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 19 0 1 52 1 0 0 0 0 0 1 1 0 0 0 0 X 27 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X X MARIA ESPINOSA 3239008749 6100 WILSHIRE BLVD SUITE 600 LOS ANGELES CA 90048 DAVID CASARES DIRECTOR 1.00 X 0 0 0 SANFORD R CLIMAN PRESIDENT 1.00 X 0 0 0 CHERNA GITNICK CO-FOUNDER 1.00 X 0 0 0 JANICE GOLDMAN DIRECTOR 1.00 X 0 0 0 ROBERT GOLDMAN DIRECTOR 1.00 X 0 0 0 JANA WARING GREER CEO AND PRESIDENT 1.00 X 0 0 0 CHARLES KAPLAN DIRECTOR 1.00 X 0 0 0 CARLA MANN WOODS DIRECTOR 1.00 X 0 0 0 BRIAN K WERDESHEIM DIRECTOR 1.00 X 0 0 0 HARLAN SPINNER SENIOR VICE PRESIDENT 1.00 X 0 0 0 TRACY HERRIOTT DIRECTOR 1.00 X 0 0 0 VERONICA ESTRADA DIRECTOR 1.00 X 0 0 0 DAVID HUGHES DIRECTOR 1.00 X 0 0 0 PAMELA BUFFETT DIRECTOR 1.00 X 0 0 0 CHRIS MELEDANDRI FOUNDER AND CEO 1.00 X 0 0 0 RICH ROSS PRESIDENT 1.00 X 0 0 0 ANNE SWEENEY DIRECTOR 1.00 X 0 0 0 MARK GORDON DIRECTOR 1.00 X 0 0 0 JI JEON DIRECTOR 1.00 X 0 0 0 MONICA AUSTIN DIRECTOR 1.00 X 0 0 0 CARL SCHUSTER CEO AND PRESIDENT 1.00 X 0 0 0 GARY GITNICK CHAIRMAN AND FOUNDER 10.00 X 0 0 0 JOSH KLINEFELTER PRESIDENT 1.00 X 0 0 0 MADELEINE SHERAK PHD VICE PRESIDENT 1.00 X 0 0 0 ERIC ESRAILIAN MD CO-CHAIRMAN 10.00 X 0 0 0 MARY ANN TODD ESQ SECRETARY 1.00 X 0 0 0 MARIA ESPINOSA-BOOTH CEO 40.00 X 145841 0 0 JOAN SUMPTER FORMER VP OF FINANCE AND A 40.00 X 104638 0 0 KADAR LEWIS FORMER VICE PRESIDENT OF PROGRAMS 40.00 X 94765 0 0 KENNETH ROGERS FORMER CEO 40.00 X 160000 0 0 505244 0 0 3 1 1 0 ROBERT HALF INTERNATIONAL PO BOX 743295 LOS ANGELES CA 900743295 ACCOUNTING 176791 1 1214164 2091413 54762 3305577 PROGRAM SERVICE FEES 900099 171245 171245 171245 43273 43273 4568 0 4568 4568 4568 487448 1214164 487448 0 3524663 171245 0 47841 451134 451134 522236 397963 18832 105441 2112894 1610106 76189 426599 387630 264849 43649 79132 32942 32942 441026 269462 21477 150087 235 154 38 43 357452 230848 52617 73987 1882 1806 13 63 100042 65773 16029 18240 43429 28553 6958 7918 MEALS AND CULTURAL ACTI 168020 136820 1515 29685 MILEAGE AND PARKING 91891 60311 12771 18809 NON CASH EXPENSES 54762 54762 0 0 REPAIRS & MAINTENANCE 46882 19454 1208 26220 110732 80013 5162 25557 4923189 3672008 289400 961781 615598 168701 1220808 437539 1012239 836474 96723 58400 797032 688452 208623 108580 3551885 3432407 442402 503670 7148278 5545771 690830 639113 44944 11688 735774 650801 X 5108298 3793672 1012198 809290 292008 292008 6412504 4894970 7148278 5545771 X -1398526 -140346 21338 X X 0 1 X 1 0 X 8421540 4119452 4060452 4035626 3422060 24059130 8421540 4119452 4060452 4035626 3422060 24059130 6879908 17179222 47584 11979 72058 34283 43273 209177 24268307 0.70790 0.72850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 292008 292008 292008 292008 305041 -13033 292008 293062 11979 305041 292008 1054 293062 1.00000 0 0 797032 688452 108580 108580 INVESTMENTS 3432407 F 3432407 CASH SURRENDER VALUE OF INSURANCE POLICY 357882 SECURITY DEPOSIT 24988 OTHER RECEIVABLES 120800 503670 X 3459120 -140346 53465 21338 -65543 3524663 0 3524663 4976654 53465 53465 4923189 0 4923189 PART X, LINE 2: THE FULFILLMENT FUND RECOGNIZED THE IMPACT OF TAX POSITIONS ON THE FINANCIAL STATEMENTS IN ACCORDANCE WITH FASB ASC TOPIC NO. 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES." ASC TOPIC NO. 740 ("ASC 740") CLARIFIES THE UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS IN ACCORDANCE WITH FASB STATEMENT NO.109, "ACCOUNTING FOR INCOME TAXES, AND PRESCRIBES A RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC 740 ALSO PROVIDES GUIDANCE ON DE-RECOGNITION OF TAX BENEFITS, CLASSIFICATION ON THE BALANCE SHEET, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. DURING THE YEARS ENDED JUNE 30, 2016, AND 2015, THE FULFILLMENT FUND PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THE ORGANIZATION'S INCOME TAX RETURNS REMAIN SUBJECT TO EXAMINATION FOR ALL TAX YEARS ENDED ON OR AFTER JUNE 30, 2012 WITH REGARD TO ALL TAX POSITIONS AND THE RESULTS REPORTED. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES: $21,338 PART V, LINE 4 TO BUILD AN ENDOWMENT TO SECURE THE FUTURE OF THE ORGANIZATION. X X X X X X 0 LEVY PAZANTI & ASSOCIATES 9911 W PICO BLVD SUITE 510 LOS ANGELES CA 90035 FUNDRAISING AND EVENT PLANNING SERVICES 0 1701612 46420 1655192 1701612 46420 1655192 CA STARS DINNER GALA 1555936 1173421 382515 10000 146520 225995 TASTE OF SUMMER 105972 22447 83525 47508 36017 39704 18296 21408 3500 548 17360 1701612 1214164 487448 61008 147068 279372 487448 0 1 SCHOLARSHIPS 310 451134 FMV N/A X X X X X 0 0 0 0 0 0 0 0 0 JOAN SUMPTER FORMER VP OF FINANCE AND A 104638 0 0 0 0 0 0 0 0 0 104638 0 0 0 KADAR LEWIS FORMER VICE PRESIDENT OF PROGRAMS 94765 0 0 0 0 0 0 0 0 0 94765 0 0 0 KENNETH ROGERS FORMER CEO 160000 0 0 0 0 0 0 0 0 0 160000 0 0 0 X FOOD & BEVERAGES 16 29451 FMV X EVENTS & TRAVEL 2 16950 FMV X CLOTHING & ACCESSORIES 3 15377 FMV X TOYS & HOUSEHOLD GOODS 3 9376 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 GARY GITNICK, CHAIRMAN AND FOUNDER, IS MARRIED TO CHERNA GITNICK, A DIRECTOR OF THE BOARD. ROBERT GOLDMAN, A DIRECTOR OF THE BOARD, IS MARRIED TO JANICE GOLDMAN, A DIRECTOR OF THE BOARD. LUCIA RODRIGUEZ, A DIRECTOR OF THE BOARD, IS MARRIED TO LUPE RODRIGUEZ, A DIRECTOR OF THE BOARD. TOM SHERAK, A DIRECTOR OF THE BOARD, IS MARRIED TO MADELEINE SHERAK, PH.D., A DIRECTOR OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE BOARD OF GOVERNORS HAS BEEN VESTED WITH THE AUTHORITY TO REVIEW AND APPROVE THE FORM 990 ON BEHALF OF THE BOARD. UPON COMPLETION OF THE FORM 990 (WHICH IS PREPARED BY OUTSIDE TAX PROFESSIONALS WITH THE ASSISTANCE OF MANAGEMENT), THE DRAFT FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE. THE AUDIT COMMITTEE MEETS (EITHER IN PERSON OR TELEPHONICALLY) TO REVIEW THE FORM 990 AND ASK ANY NECCESSARY QUESTIONS OF MANAGEMENT. ONCE COMMITTEE MEMBERS HAVE SATISFIED THEMSELVES AS TO COMPLETENESS AND ACCURACY OF THE FORM 990, THE COMMITTEE APPROVES THE FILING OF THE FORM 990 AS PRESENTED. THE APPROVED FORM 990 IS THEN DISTRIBUTED TO THE FULL BOARD AT THE NEXT BOARD MEETING FOR FULL BOARD APPROVAL. 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 XI, LINE 9: INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES: 21,338. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0