VENICE HIGH SCHOOL FOUNDATION FKA … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

Phone

3104881418

Tax Period

2025-01-01 to 2025-12-31

VENICE HIGH SCHOOL FOUNDATION FKA VENICE HIGH ALUMNI ASSOCIATION, founded in 1957, is a small nonprofit in the Education sector that reported $114K in total revenue in fiscal year 2025. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $33K, a strong 29% operating margin.

Mission

RAISING SCHOLARSHIP FUNDS, COMMUNICATING WITH MEMBERSHIP, SCHOOL SUPPORT, MAINTENANCE OF MYRNA LOY STATUTE.

Program Service Accomplishments

Program 1

Expenses: $15,401 Revenue: $3,970

PUBLISHING QUARTERLY NEWLETTER AND PROMOTING ALUMNI ACTIVITIES

Program 2

Expenses: $13,575 Revenue: $14,886

EXCELLENCE IN EDUCATION PROGRAM

Program 3

Expenses: $10,515 Revenue: $2,610

MYRNA LOY, SCHOLARSHIP AND CENTENIAL FUNDS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $55,753

Program Service Revenue $58,265

Investment Income $41

Other Revenue $-37

TOTAL REVENUE $114,022

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $6,120

Program Expenses $39,491

Other Expenses $80,966

TOTAL EXPENSES $80,966

Year-over-Year Comparison

	2025	2024	Change
Revenue	$114,022	$70,925	+0.6%
Expenses	$80,966	$80,533	+0.0%
Net Income	$33,056	$-9,608	-4.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Colleen Rockey	Secretary	1.00	Director	$0	$0	$0
Karen Cohen	Parliamentarian	1.00	Officer Director	$0	$0	$0
Lorena Alvarado	Grease Night	1.00	Director	$0	$0	$0
Diane Arnold	Treasurer	1.00	Officer Director	$0	$0	$0
Darlene Bible	Athletic Suppor	1.00	Director	$0	$0	$0
Heba Khalil Koermer	Trustee	1.00	Director	$0	$0	$0
PAUL BELLI	Board Developme	1.00	Director	$0	$0	$0
Craig Jaffe	2nd VP	1.00	Officer Director	$0	$0	$0
MICHEL BROOKS	MEMBERSHIP	1.00	Director	$0	$0	$0
CAROLYN CHORPASH	NEWSLETTER EDIT	1.00	Director	$0	$0	$0
NAN CHORPASH	Art Director	1.00	Director	$0	$0	$0
David Kent	1st VP	1.00	Officer Director	$0	$0	$0
CHARLES GARCIA	ADVERTISING	1.00	Director	$0	$0	$0
Lee Jossel	Merchandise	1.00	Director	$0	$0	$0
Walter Hall	Trustee	1.00	Director	$0	$0	$0
Larry Hudson	Trustee	1.00	Director	$0	$0	$0
Janine Anderson	Fundraiser	1.00	Director	$0	$0	$0
Melissa Wilkins	Myrna Chair	1.00	Director	$0	$0	$0
Jan Davis	Excellence EDU	1.00	Director	$0	$0	$0
RENEE CHORPASH	ACCLAIM ADS	1.00	Director	$0	$0	$0
Norma Mascarenas	President	1.00	Officer Director	$0	$0	$0
Brian Bleser	Historian	1.00	Director	$0	$0	$0
Elda Nunez Gasca	Hall of Fame	1.00	Director	$0	$0	$0
Jasmine Jaffe	VHS PTSA PRES	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$114,022	$80,966	$289,432	$33,056
2024	$70,925	$80,533	$256,376	$-9,608
2023	$111,040	$104,635	$265,984	$6,405
2022	$85,560	$110,664	$259,579	$-25,104
2021	$63,143	$125,199	$284,683	$-62,056
2021	$63,143	$125,199	$284,683	$-62,056
2020	$576,206	$373,796	$346,739	$202,410
2019	$136,691	$109,367	$144,330	$27,324
2018	$71,819	$109,217	$117,005	$-37,398

VENICE HIGH SCHOOL FOUNDATION FKA VENICE HIGH ALUMNI ASSOCIATION