donate button
Support. Enrich. Inspire.

Supporting Detail for 2015-16 Tax Return

Breakdown of Income and Expenses for Fiscal Year 2015-16

EventGross IncomeExpensesNet Income
Administration: Payroll (including Taxes)*15,000(167,870)(152,870)
Administration: Other Income/Expenses2,363(30,529)(28,166)
Community Campaign**508,169(52,017)456,152
Dinner Dance (w/Fund A Need)**483,712(97,411)386,301
Directory57,298(11,208)46,090
Dodgeball17,481(4,494)12,987
Business Alliance50,205(12,708)37,497
Golf39,341(752)38,589
Chef Challenge10,735(1,276)9,459
Public Relations(17,241)(17,241)
Real Estate Honor Roll28,563(6,177)22,386
LBUSD Initiatives: Direct Contributions125,000125,000
Totals1,337,867(401,683)936,184

Beginning Cash Available

62,470
Cash Available for Contributions998,654

Contributions Made***
Annual Gift(300,000)
Fund A Need (TMS library / district classrooms)(299,050)
Laguna Beach Endowment Fund(111,072)
Community Campaign Allocations(90,505)
LBUSD Initiatives: Direct Contributions(145,000)
Total Contributions(945,627)

Ending Cash Balance

53,027


* Annual executive director salary including bonus (2015-16) $73,000; ED and staff serve SchoolPower and Endowment; see job description. The Endowment contributes $15,000 to help cover Endowment-related staff support.

** Dinner Dance expenses are funded by donors who choose to attend; other donations are not reduced by these expenses.

*** For funding philosophy and guidelines, go to https://lbschoolpower.org/about-schoolpower/