sjsef annual report 2015 150902
TRANSCRIPT
ANNUAL REPORTANNUAL REPORT
2014 - 2015
3 Greetings St. James Parish Community
4 2014 - 2015 Executive Board
5 Our Mission
6 Donors
8 Financial Review: Statement of Activity
10 Financial Position: Statement of Financial Position
12 Investments
2
CONTENTS
GREETIN
GS ST. JAM
ES PARISH CO
MM
UN
ITY
St. James School Education Foundation (SJSEF) has completed 11 years of service
to St. James School (SJS). The Foundation began building financial assets from
its inception and began supporting SJS educational programs the year following
its inception. We have continued this dual approach to supporting SJS, building
assets to ensure the future of an affordable and very high quality education at
SJS, and providing current educational program support that benefits all St. James
students. The following pages of this report provide the details of this approach.
We wish to thank all of you who have helped St. James School through your
contributions to the Foundation. Our donor list recognizes the generosity of so
many who believe in the faithful work carried out by faculty and staff. In addition
to supporting the mission of SJSEF financially, many of our participants contribute
their talent and time through the work of the SJSEF Board and committees. Please
remember all the benefactors of St. James Church and School communities in your
prayers.
Gratefully yours,
Dan Houston, Ph.D.
3
4
EXECUTIVE BOARDDr. Lynn Busia
Mr. Philip De Souza
Ms. Stella Desjardins
Ms. Mary Hellen Diarte
Dr. Dan Houston
Msgr. Mike Meyers
Ms. Cindy Scotto
Mr. John Sullivan
Mr. Mark Sur
2014 - 2015
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We, members of the St. James School Education Foundation, believe firmly in the
profound role of Catholic education in helping us fulfill our parental obligation of forming
children who follow Jesus Christ. We recognize that Catholic education has been a special
gift for the Church in the United States, but in the last fifty years it has been threatened
financially, as demonstrated by closings of elementary and secondary schools throughout
the country. St. James School Education Foundation was founded to secure the future of
Catholic education in the St. James parish, ensuring that primary education, enlivened by
our religious faith, will be passed on to coming generations.
The Foundation continues to be true to our three simple goals:
Building on the current success of St. James School, we strive to provide for its
financial security.
As part of ensuring the future of SJS, we recognize the need to invest annually in
the school. Mindful that the school’s faculty is its primary strength, we support the
school budget at a level that facilitates just compensation for faculty.
The SJS programs and projects that SJSEF funds are designed to enhance the
education of all SJS students.
OUR MISSION
DO
NO
RS
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Jerome & Rise Faith AgravanteWilliam & Denise AguayoVartan & Merna AkrabianGary & Matilda AlbanoJoe & Marisella AldanaJack & Victoria AlexanderAmerican Faith ChurchPeter Anderson & Julie AndersonAntonio Area FoundationMichael & Anjeanette ArakawaBenjamin & Laura ArandaErik & Marla ArmstrongRobert & Heather ArroyoJeremiah & April AshmoreThomas & Maria BaadenBill & Donna BalcerMichael & Cyndi BalkBank of AmericaStan & Jackie BarankiewiczDavid & Monica DeAngelis BarberAlvaro & Marlene Barberena-DelgadoIrene BardwilLorette BarrasJames & Katherine BassaniBonnie BatchelderMiguel & Christina BenitezTerry & Kathleen BensonNathaniel & Mary Elisa BernasGary & Celeste BeroutyJohn & Reva BerryWilliam & Barbara BinckleyBasil & Sarah BinckleyRene & Sigrid BoggioKenneth & Grace BradyRiccardo & Daneivys BrindicciDavid & Maureen BrockNikita & Sharyl BrownNancy BrownMike & Vivian BrunoGary & Michelle Henry BrushwylerC.R. BurkhardtAbad & Eveline CabreraCage Inc.M. Francis & Abigail CalubFrank & Kathryn CampagnaSean Adrian CanullasDidier CastanRobert & Helen ChangChristopher & Maureen CharanDennis & Eunice ChoThomas & Gina CicchiniTim & Kelly ColeCharles ConnellSeth & Carmela CooperRicardo & Conchita CordovaPedro & Sheila CordovaCraig & Doris CurrieHarlan & Dorothy CurwickThomas D’Angelo
Monica L De AngelisAndrew & Michelle DecellesAl & Sharon del Rosario, Jr.Bryant & Mara Wolfsen DelgadilloJoseph & Erin DemarestEstuardo Roas & Natalia DeRojasYan & Stella DesjardinsRobert & Mary DiarteCharles DillsStephen & Maria DiPaduaDirect TV Benevity Community Impact FundRichard & Lisa DoyleMark & Peggy DreilingJane DuhonLloyd & Julie DysimMichael & Sherrie ElsesserRamez & Marian ElyahkyEstella EscobozaRalph & Minnie EspedidoClinton & Marielinne EullBF & Sandra FarberFelice Schiappa Construction, Inc.Joseph & Kristi FeraC. FernandezDaniel & Patricia FernandezRanil & Noely FernandoThomas & Diane FitzpatrickFonthill ApartmentsRichard & Michelle ForemanLorence & Bertha ForstAndrea FowlerMary GahwolfPeter & Anne GalulloDavid & Sylvia GartenGlenn & Martha GazaGen ReLinda GillR. Goharderakhshan & J. GoharderakhshanAlejandro & Dannia GonzalezArmando & Lillian GonzalezLoretta Kreider GriffinLisa GutierrezNoe & Karen Quilisadio GuzmanMichael & Sharron HallPatrick & Erika Hall
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Jason & Danielle HarrisBrad & Stephanie HawkJames & Mary Grace HawkinsTodd & Danine HayesMark & Juliet HendricksonMichelle HenryGary & Barbar HoCarol HogertyHonda Motor CompanyJohn & Sue HongGary HoppeDan & Linda HoustonEarl HubacekAllan & Ronni HughesLuc & Debbie ImberechtsDennis & Carmen IngramMichael & Barbara JassoDavid & Amy JohnsonJay & Lu Vivian JonesJames JonnerJoseph & Barbara KatzaroffKevin & Linda KearnsBrian & Lisa LaineKen & Kathleen LeeDouglas & Karla LeedsNoe & Eliza LeoncioAnthony & Jennifer LiakosHilda LopezSudhan & Annam LouisAida MacabuhayGraham & Christine MaclnnisLuis & Veronica MaffioliShawn & Kim MahlochJason & Dung Nguyen MaiOmar & Nicole MaldonadoPeter & Dina MaloSadek & Haidy MansourDennis MarconiMarisco’s ChenteChristian & Barbara MarquezMattel, Inc.Matthew & Michelle MattesMichael & Katherine MazzaMichael & Amy McCauleyMichael & Kristine McDonoughRudy & Dannette MejiaPedro & Leslie MejiaChristopher & Kathleen MeliaRoupen & Kathleen MerjanianRichard & Martha MichaelJeffrey & Margaret Simonian Michaels
Erick & Janice MiseroyDouglas & Elaine MitchellMark & Amy MiyamotoEugene & Patricia MockTony & Tara Stephens MortillaroBarbara MullenRodney & Judith NakaLynda NaretSusan NavesRoberto & Bridget NorambuenaNorthrop Grumman CorporationEileen O’BrienTimothy & Kay O’ConnorDarnell & Janell O’DowdJohn & Lisa OliverAnnette O’NeillP3 Realty Inc.William & Virginia PadianFernando & Tina PaludiMike & Dana ParkerIsaac & Rosario ParrishDerek & Aimee PattersonPhillip & Konnie PerezMichael & Sherry PerryShaun & Carmen PhillipsJoshua & Debra PhillipsArvene PiggeeRogerio & Ivana Postachian-SilvaJustine & Christopher PriettoStephen & Diane QuastTom & Alyson QuastSamer & Leanne RaadSandra RandallJamie RangelBillie ReynoldsGordon & Maurine ReynoldsPaul & Debbie RhilingerMichael & Lisa RichardsonMatthew & Shelley RiskChristopher & Monica RobertsCarlos & Christine RodriguezRoberto & Susan RodriguezJohn & Cathy RoohanMichael & Tricia SalazarMichael & Patty SchiappaJeffrey & Alisa Schiappa-GobeeAlexander & Tammy SchlegelDavid & Audria SchwartzDaniel & Felicia ShanahanTom & Isabel ShelburneJeff & Lynda Shields
Lyle & Michelle SilsbyClement Jae SimSherrie SimmonsMichael & Patricia Toye SmelichEmmanuel & Amira SolomonDavid & Kimberly SpakTrevor & Denise SpencerSherry D. SterlingMatthew & Natalie StraupLaurens & Mieke Velghe StrobbeJoel & Jamie StromwallJim & Andrea SullivanTakata CorporationSam & Terry TanakaThe Boeing CompanyThe Raytheon CompanyThe Reading ProDean & Renae ThorntonToyota Motor CorporationVirginio & Clara TrevisanJames & Ivonne Chen TrinhTruist CheckJay & Claire TsaoAlfred & Cecelia TuckerDennis & Becci TwombleyChris & Jaime TychsenStephen & Rhonda VeghGrace & Joseph VelezAlex & Alex VerduzcoVerizon CommunicationsJeff & Katherine VicarioYvette Vigon MorffiSteve & Kim WalkerWard & Gillian WatanabeJames & Lilly WatsonDamon & Gina WebberChad & Regina WieserJohn & Myra WilsonMichael & Paula Perez WitteEdward & Caryn WojteckiStanley & Michelle WongNorman WongStuart & Paula WoodwardMichael YeamanRonald & Patricia YearleyJongmi & Robin YiCourt & Mariah YorkYule RealtyAmado & Nicole ZamoraAndre & Mara ZepedaMark & Sugar Brown Zonno
FIN
AN
CIA
L RE
VIEW
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STATEMENT OF ACTIVITY
2014 2015
Individuals & Corporations $ 114,243 $ 120,603
Investments & Interest 86, 707 (4,500)
Total Revenue $ 200,950 $ 116,103
2014 2015
Operating Expenses $ 7,779 $ 5,163
Program Expenses:
Technology 22,630 2,000
Spanish 35,400 35,000
Science 6,000 2,000
Music 21,000 21,000
Art 4,000 4,000
Field trips and P.E. 17,563 17,149
Total Program Expenses 106,593 81,149
Total Expenses $ 114,372 $ 86,312
CHANGE IN NET ASSETS $ 86,578 $ 29,791
REVENUE
EXPENSES
(UNAUDITED)
12-month periods ending June 30, 2014 & 2015
12-month periods ending June 30, 2014 & 2015
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STATEMENT OF ACTIVITYFINANCIAL REVIEW
REVENUE
PROGRAM SUPPORT
REVENUE BREAKDOWN
EXPENSES
2014
2014
2015
2015
4%ART
5%ART
20%MUSIC
26%MUSIC
33%SPANISH
43%SPANISH
6%SCIENCE
$86,707Investments
& Interest
($4,500)Investments
& Interest
$114,243Individuals & Corporations
$120,603Individuals & Corporations
3%SCIENCE
21%TECHNOLOGY
2%TECHNOLOGY
16%FIELD TRIPS
& P.E.
Total Program Support Provided to St. James School:
$106,593
Total Program Support Provided to St. James School:
$81,149
21%FIELD TRIPS
& P.E.
FIN
AN
CIA
L PO
SITI
ON STATEMENT OF FINANCIAL POSITION
Current Assets 2014 2015
Cash and Cash Equivilents $ 233,474 $ 329,756
Investment Securities 1,293,520 1,226,809
Total Current Assets 1,526,994 1,556,565
Total Assets $ 1,526,994 $ 1,556,565
Liabilities 2014 2015
Accounts Payable $ 220 —
Total Liabilities $ 220 —
Net Assets 2014 2015
Unrestricted Net Assets $ 1,526,774 $ 1,556,565
Total Net Assets $ 1,526,774 $ 1,556,565
TOTAL LIABILITIES & NET ASSETS $ 1,526,994 $ 1,556,565
ASSETS
LIABILITIES & NET ASSETS
(UNAUDITED)
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June 30, 2014 & 2015
June 30, 2014 & 2015
ASSETS
LIABILITIES & NET ASSETS
11
2014INVESTMENT SECURITIES
June 30, 2014
2015 June 30, 2015
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INVE
STM
ENTS
Doubleline Total Return Bond Fun
Hussman Total Return
Vanguard Short Term Investment Grade
First Pacific Crescent Fund
Hussman Strategic Growth
T.Rowe Price Equity Income
Templeton Global Bond Fund Class C
Doubleline Total Return Bond Fun
Hussman Total Return
Vanguard Short Term Investment Grade
First Pacific Crescent Fund
Hussman Strategic Growth
T.Rowe Price Equity Income
Templeton Global Bond Fund Class C
23%
24%
25%
26%
21%
21%
7%
8%
9%
10%
5%10%
11%
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EXEMPT STATUSSt. James School Education Foundation is classified by the Internal Revenue Service as a public charity described in section 509(a)(1) and 170(b)(1)(A)(vi) of the Internal Revenue Code and is exempt from taxation under section
501(c)(3) of the Internal Revenue Code.
FEDERAL IDENTIFICATION NUMBER20-0992929
MAILING ADDRESSSt James School Education Foundation
4625 Garnet StTorrance, CA 90503
TELEPHONE NUMBER310-371-0416
WEBSITEwww.sjsef.org
DONATIONSDonations can be directed to the Foundation’s mailing address or be made
through PayPal by visiting the Foundation’s Website.