2024-11-11T16:27:56-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2023-01-01 474625250 CAROLINE D BRADLEY ASSOCIATION OF SCHOLARS CARO 6264038900 569 SOUTH MARENGO AVENUE PASADENA CA 91101 DEBORAH MONROE PRESIDENT 6264038900 2024-11-07 1 1 CASIE ZWAHLEN CPA P02291311 6268577300 2024-11-07 2023 2024-10-15 13:58:12Z DEBORAH MONROE 569 SOUTH MARENGO AVENUE PASADENA CA 91101 6543983 0 1 X WWW.EDUCATIONALADVANCEMENT.ORG/ X 2015 CA DEDICATED TO SUPPORTING YOUNG INDIVIDUALS IN PURSUING THEIR FULL ACADEMIC AND PERSONAL POTENTIAL. 9 9 0 8 0 0 6220000 6510900 0 0 7218 33083 0 0 6227218 6543983 4767443 5192871 0 0 0 0 0 0 0 1176246 1013269 5943689 6206140 283529 337843 3040517 3778810 34999 435449 3005518 3343361 X CDBAS MISSION IS TO SUPPORT THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT(IEA,) WHICH IS DEDICATED TO THE INTELLECTUAL, CREATIVE, AND PERSONALGROWTH OF OUR NATION'S GIFTED AND HIGH-POTENTIAL YOUTH. CENTRAL TO THEMISSION OF IEA IS A COMMITMENT TO THE DEVELOPMENT OF THE WHOLE CHILD THROUGH ENGAGING LEARNING EXPERIENCES THAT PROMOTE OPTIMAL CHALLENGE, MENTORSHIP, EXPLORATION OF IDEAS, AND RECOGNITION OF PERSONAL POTENTIAL. 0 0 5323548 5192871 THE CAROLINE D. BRADLEY ASSOCIATION OF SCHOLARS ("CDBAS") IS ACALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION THAT IS ORGANIZED TOBENEFIT AND SUPPORT THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT ("IEA"),A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION THAT IS EXEMPT FROMTAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ANDCLASSIFIED AS A PUBLIC CHARITY UNDER SECTION 509(A)(1) OF THE INTERNALREVENUE CODE (EIN: 95-4695698). CDBAS IS ORGANIZED AND INTENDS TOOPERATE AS A TYPE I SUPPORTING ORGANIZATION OF IEA.IEA IS DEDICATED TO THE INTELLECTUAL, CREATIVE, AND PERSONAL GROWTH OFOUR NATION'S GIFTED AND HIGH-POTENTIAL YOUTH. CENTRAL TO THE MISSIONOF IEA IS A COMMITMENT TO THE DEVELOPMENT OF THE WHOLE CHILD THROUGH ENGAGING LEARNING EXPERIENCES THAT PROMOTE OPTIMAL CHALLENGE, MENTORSHIP, EXPLORATION OF IDEAS, AND RECOGNITION OF PERSONAL POTENTIAL. IEA SEEKS TO CONNECT LIKE-MINDED INDIVIDUALS AND SUPPORTS A DIVERSE COMMUNITY THAT CREATES A SENSE OF BELONGING AND AFFIRMATION. 5323548 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 10 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X CARLOS ZUNIGA 6264038900 569 S MARENGO AVE PASADENA CA 91101 ELIZABETH D JONES CHAIRMAN 40.00 X X 0 257000 24901 BYRON LICHTENSTEIN TREASURER 1.00 X X 0 0 0 HAP DENEEN SECRETARY 1.00 X X 0 0 0 SOPHIA B BARRON DIRECTOR 1.00 X 0 0 0 JEFFREY HUDSON DIRECTOR 1.00 X 0 0 0 CHRIS NEWMAN DIRECTOR 1.00 X 0 0 0 ROBERT BOB REPPA DIRECTOR 1.00 X 0 0 0 CHARLES SHANNON DIRECTOR 1.00 X 0 0 0 JONATHAN SHINTAKU DIRECTOR 1.00 X 0 0 0 ZADRA ROSE IBANEZ ASSISTANT SECRETARY 40.00 X 0 100248 17355 0 357248 42256 0 0 1 0 0 6510900 6510900 33083 33083 6543983 0 0 33083 X 5192871 5192871 872008 546 871462 6662 6662 26817 26817 73550 73550 23102 23102 11130 11130 6206140 5323548 882592 0 2862391 3672296 178126 106514 3040517 3778810 34999 265000 0 170449 34999 435449 X 852011 1189854 2153507 2153507 3005518 3343361 3040517 3778810 337843 0 X X 0 1 X 1 0 X X 1 INSTITUTE FOR EDUCATIONAL ADVANCEMENT 954695698 7 1 871475 0 1 871475 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: CDBAS IS A NONPROFIT PUBLIC BENEFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE IRC. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY CDBAS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. 1 SCHOLARSHIP 142 5192871 PART I, LINE 2: THE PRESIDENT AND THE LEADERS OF THE PROGRAM AND FINANCE APPROVE EACH PAYMENT. X X X X X 0 0 0 0 0 0 0 0 0 ELIZABETH D JONES CHAIRMAN 0 245000 0 12000 0 0 0 7321 0 17580 0 281901 0 0 FORM 990, PART VI, SECTION A, LINE 1A NO COMMITTEE OF THE BOARD, INCLUDING ANY EXECUTIVE COMMITTEE, SHALL HAVE ANY OF THE AUTHORITY OF THE BOARD WITH RESPECT TO: (A) THE FILLING OF VACANCIES ON THE BOARD OR ON ANY COMMITTEE WHICH HAS THE AUTHORITY OF THE BOARD; (B) THE AMENDMENT OR REPEAL OF THE ARTICLES OR BYLAWS OR THE ADOPTION OF NEW ARTICLES OR BYLAWS; (C) THE FIXING OF COMPENSATION OF THE DIRECTORS FOR SERVING ON THE BOARD OR ON ANY COMMITTEE WHICH HAS THE AUTHORITY OF THE BOARD; (D) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD WHICH BY ITS EXPRESS TERMS IS NOT SO AMENDABLE OR REPEATABLE; (E) THE APPOINTMENT OF OTHER COMMITTEES OF THE BOARD OR THE MEMBERS THEREOF IF SUCH COMMITTEE WILL HAVE THE AUTHORITY OF THE BOARD; (F) THE EXPENDITURE OF CORPORATE FUNDS TO SUPPORT A NOMINEE FOR DIRECTOR AFTER THERE ARE MORE PEOPLE NOMINATED FOR DIRECTOR THAN CAN BE ELECTED; (G) THE APPROVAL OF ANY SELF-DEALING TRANSACTION, EXCEPT THAT WHEN IT IS NOT REASONABLY PRACTICABLE TO OBTAIN APPROVAL OF THE BOARD PRIOR TO ENTERING INTO SUCH A TRANSACTION, A COMMITTEE AUTHORIZED BY THE BOARD MAY APPROVE THE TRANSACTION IN A MANNER CONSISTENT WITH THE STANDARDS SET FORTH IN SECTION 5233(D) OF THE LAW SUBJECT TO RATIFICATION BY A MAJORITY OF THE DIRECTORS THEN IN OFFICE (WITHOUT COUNTING THE VOTE OF ANY "INTERESTED DIRECTOR" AS DEFINED IN SECTION 5233 OF THE LAW) AT THE NEXT MEETING OF THE BOARD; OR(H) THE APPROVAL OF ANY OTHER ACTION FOR WHICH THE LAW OR THESE BYLAWS REQUIRES APPROVAL OF THE BOARD OF A MAJORITY OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 PREPARED BY INDEPENDENT ACCOUNTANT. FORM 990 WAS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE, CONSISTING OF THREE BOARD MEMBERS, BEFORE FILING. THE ORGANIZATION EMAILED EACH MEMBER OF THE GOVERNING BODY THE ORGANIZATION'S FINAL FORM 990 PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CAROLINE D. BRADLEY ASSOCIATION OF SCHOLARS (THE "ASSOCIATION") EXPECTS ALL PERSONS ASSOCIATED WITH IT TO CONDUCT BUSINESS ON BEHALF OF THE ASSOCIATION WITH INTEGRITY AND A HIGH ETHICAL STANDARD. IN PARTICULAR, THE ASSOCIATION'S DIRECTORS, OFFICERS AND EMPLOYEES SHOULD ATTEMPT TO AVOID ACTIVITIES OR CONDUCT WHICH INVOLVE A CONFLICT OF INTEREST, RECOGNIZING THAT EVEN THE APPEARANCE OF A CONFLICT OF INTEREST COULD HARM THE ASSOCIATION. ANY ACTIVITY SHOULD BE ABLE TO BE JUSTIFIED AND WITHSTAND PUBLIC SCRUTINY, AND CARE SHOULD BE TAKEN TO AVOID ADVERSELY AFFECTING THE INTEGRITY OR THE REPUTATION OF THE ASSOCIATION. IN CONSIDERING WHETHER A CONFLICT OF INTEREST EXISTS, DIRECTORS, OFFICERS AND EMPLOYEES SHOULD REMEMBER THAT RELATIONSHIPS OF THEIR BUSINESS, BUSINESS ASSOCIATES, FAMILY AND FRIENDS MAY GIVE RISE TO A POTENTIAL CONFLICT OF INTEREST EVEN IF SUCH DIRECTOR, OFFICER OR EMPLOYEE IS NOT INVOLVED DIRECTLY. A POTENTIAL CONFLICT CAN EXIST WHERE THE PARTIES IN THE RELATIONSHIP GIVE OR RECEIVE, OR COULD REASONABLY BE PERCEIVED TO GIVE OR RECEIVE, UNFAIR ADVANTAGE OR PREFERENTIAL TREATMENT BECAUSE OF THE RELATIONSHIP. USING THE FOREGOING PRINCIPLES AND GUIDELINES OF THIS POLICY ON BUSINESS ETHICS AND CONFLICT OF INTEREST (THE "POLICY"), ALL DIRECTORS, OFFICERS AND EMPLOYEES OF THE ASSOCIATION SHALL ACT IN GOOD FAITH AND USE THEIR BEST JUDGMENT TO BRING TO THE ATTENTION OF THE PRESIDENT OR SECRETARY OF THE ASSOCIATION ANY CONFLICT OF INTEREST, REAL OR PERCEIVED, WHETHER FINANCIAL OR OTHERWISE, BETWEEN ANY OF THEM AND THE ASSOCIATION. THE PRESIDENT OR SECRETARY, ACTING JOINTLY OR ALONE, SHALL DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS AND MAKE A DETERMINATION ON THE PROPOSED ACTION, TRANSACTION OR OTHER ACTIVITY (THE "ACTIVITY"). THE ORGANIZATION'S BOARD OF DIRECTORS HAS A CONFLICT OF INTEREST POLICY TO ENSURE THAT BOARD ACTIONS ARE FREE FROM ANY ACTUAL OR APPEARANCE OF CONFLICT OF INTEREST. THE BOARD CHAIR SHALL DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS. A DIRECTOR WHO IS INVOLVED IN A POTENTIAL CONFLICT OF INTEREST IS NOT ALLOWED TO VOTE ON ANY MATTERS RELATED TO THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE, A SUBSET OF THE IEA BOARD OF DIRECTORS, HAS GENERAL OVERSIGHT OF THE ORGANIZATION'S HUMAN RESOURCE PLAN. THE COMMITTEE MEETS INDEPENDENT OF THE PRESIDENT TO DISCUSS PERFORMANCE RELATIVE TO THE POSITION DESCRIPTION AND THE ESTABLISHED GOALS. COMPARABLE SALARY SURVEYS ARE REVIEWED AT A MINIMUM OF EVERY THREE YEARS TO BENCHMARK COMPENSATION FOR THE POSITION. THE COMMITTEE PRESENTS ITS FINDINGS AND RECOMMENDATIONS, IN AN EXECUTIVE SESSION, WITHOUT THE PRESIDENT PRESENT, TO THE BOARD FOR REVIEW AND APPROVAL. THE COMMITTEE AND/OR THE BOARD CHAIR THEN MEET WITH THE PRESIDENT TO DISCUSS AND DOCUMENT STRENGTHS, WEAKNESSES, AND GOALS FOR THE UPCOMING YEAR. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 546. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 546. REIMBURSEMENT TO IEA: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 871,462. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 871,462. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. INSTITUTE FOR EDUCATIONAL ADVANCEMENT 569 S MARENGO AVENUE PASADENA CA 91101 954695698 SUPPORTS THE EDUCATIONAL ENDEAVORS OF THE YOUTH IN THE COMMUNITY CA 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 INSTITUTE FOR EDUCATIONAL ADVANCEMENT P 871475 COST OF SERVICES PROVIDED