Nonprofit · EIN 51-0153563
EDUCATIONAL RESOURCE DEVELOPMENT TRUST
Tax-exempt · SANTA MONICA, CA 90405
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF (amended) | $4,467,970 | $4,324,667 | $143,303 | $4,744,854 | $2,526,140 | $2,218,714 |
| June 30, 2024 | 990-PF | $4,465,294 | $5,255,063 | -$789,769 | $5,022,037 | $3,071,830 | $1,950,207 |
| June 30, 2023 | 990-PF | $3,748,516 | $4,085,788 | -$337,272 | $5,650,436 | $2,842,501 | $2,807,935 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Dividends
- $169,075
- Interest
- $267
- Net gain from sales of assets
- -$77,831
- Other income
- $4,376,459
Expenses
- Grants and similar amounts paid
- $21,555
- Compensation of officers, directors and key employees
- $276,533
- Salaries, compensation and benefits (total)
- $1,113,134
- Disbursements for charitable purposes
- $365,727
- Excise tax on investment income
- $1,993
Balance sheet and other
- Total assets, start of year
- $5,022,037
- Total assets, end of year
- $4,744,854
- Total liabilities, end of year
- $2,526,140
- Net assets, end of year
- $2,218,714
- Fair market value of assets
- $4,744,854
- Qualifying distributions
- $365,727
- Net investment income
- $169,342
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Kelli Jones 3543 Butler Ave, Los Angeles, CA 90066 | President | 40 | $167,258 | $19,642 |
| YVETTE COFFMAN 3622 Duchess Trail, Dallas, TX 75229 | employee Highest-paid employee | 40 | $148,700 | $17,243 |
| Colin Churchill 14477 Souther Ave, Guerneville, CA 95446 | Director | 19 | $109,275 | $4,455 |
| TRACY GAUTIER 17914 Los Vasos St, Fountain Valley, CA 92708 | employee Highest-paid employee | 40 | $97,303 | $3,892 |
| LESLIE DAVIDSON 1611 Idaho Ave, Santa Monica, CA 90403 | employee Highest-paid employee | 40 | $96,688 | $16,819 |
| LAURA SMRKA 4908 Oakland Ave, Minneapolis, MN 55417 | employee Highest-paid employee | 40 | $94,386 | $20,042 |
| EMILY PESAVENTO 5852 W 77 Place, Los Angeles, CA 90045 | employee Highest-paid employee | 40 | $94,148 | $32,407 |
| Philip Hollingsworth PO Box 5461, Fresno, CA 93755 | SecTreasDirector | 0 | $0 | $0 |
| Roger Riske 7733 W 79th Street, Playa Del Rey, CA 90293 | Director | 0 | $0 | $0 |
| Svetlana Mitchell 7015 Brookside Rd, Kansas City, MO 64113 | Director | 0 | $0 | $0 |
990-PF for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Colin Churchill 14477 Souther Ave, Guerneville, CA 95446 | Director | 19 | $292,620 | $3,705 |
| Yvette Coffman 3622 Duchess Trail, Dallas, TX 75229 | employee Highest-paid employee | 40 | $165,298 | $11,752 |
| Kelli Jones 3543 Butler Ave, Los Angeles, CA 90066 | President | 40 | $164,307 | $13,210 |
| Tracy Gautier 17914 Los Vasos St, Fountain Valley, CA 92708 | employee Highest-paid employee | 40 | $98,467 | $3,939 |
| Leslie Davidson 1611 Idaho Ave, Santa Monica, CA 90403 | employee Highest-paid employee | 40 | $98,200 | $9,573 |
| Emily Pesavento 5852 W 77 Place, Los Angeles, CA 90045 | employee Highest-paid employee | 40 | $93,000 | $15,479 |
| Laura Smrka 4908 Oakland Ave, Minneapolis, MN 55417 | employee Highest-paid employee | 40 | $91,154 | $10,536 |
| Philip Hollingsworth PO Box 5461, Fresno, CA 93755 | SecTreasDirector | 0 | $0 | $0 |
| Roger Riske 7733 W 79th Street, Playa Del Rey, CA 90293 | Director | 0 | $0 | $0 |
| Svetlana Mitchell 7015 Brookside Rd, Kansas City, MO 64113 | Director | 0 | $0 | $0 |
990-PF for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Roger Riske 7733 W 79th Street, Playa Del Rey, CA 90293 | Director | 8 | $223,101 | $6,690 |
| Kelli Jones 3543 Butler Ave, Los Angeles, CA 90066 | President | 40 | $158,980 | $11,970 |
| Yvette Coffman 3622 Duchess Trail, Dallas, TX 75229 | employee Highest-paid employee | 40 | $150,480 | $11,274 |
| Leslie Davidson 1611 Idaho Ave, Santa Monica, CA 90403 | employee Highest-paid employee | 40 | $94,825 | $6,949 |
| Tracy Gautier 17914 Los Vasos St, Fountain Valley, CA 92708 | employee Highest-paid employee | 40 | $93,825 | $277 |
| Emily Pesavento 5852 W 77 Place, Los Angeles, CA 90045 | employee Highest-paid employee | 40 | $85,875 | $29,617 |
| Laura Smrka 4908 Oakland Ave, Minneapolis, MN 55417 | employee Highest-paid employee | 40 | $85,825 | $20,994 |
| Colin Churchill 14477 Souther Ave, Guerneville, CA 95446 | Director | 28 | $71,925 | $1,283 |
| Philip Hollingsworth PO Box 5461, Fresno, CA 93755 | SecTreasDirector | 0 | $0 | $0 |
| Svetlana Mitchell 7015 Brookside Rd, Kansas City, MO 64113 | Director | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2601 OCEAN PARK BLVD, SANTA MONICA, CA 90405-5210
- In care of
- % PHILIP HOLLINGSWORTH
- Signed the 990-PF
- PHILIP HOLLINGSWORTH, Treasurer
- Phone
- (310) 454-4624
- Return prepared by
- Philip Hollingsworth EA
California records
California keeps its own records of charities and corporations. Search them by EIN 51-0153563 or by the name EDUCATIONAL RESOURCE DEVELOPMENT TRUST.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 51-0153563
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1976
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $4,744,854
- Income (IRS master file)
- $6,513,336
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $4,467,970 | $4,324,667 | $4,744,854 | XML |
| 990-PF | June 2024 | $4,465,294 | $5,255,063 | $5,022,037 | XML |
| 990-PF | June 2023 | $3,748,516 | $4,085,788 | $5,650,436 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0153563).
Questions about EDUCATIONAL RESOURCE DEVELOPMENT TRUST
- What is the EIN of EDUCATIONAL RESOURCE DEVELOPMENT TRUST?
- The employer identification number (EIN) of EDUCATIONAL RESOURCE DEVELOPMENT TRUST is 51-0153563.
- Is EDUCATIONAL RESOURCE DEVELOPMENT TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to EDUCATIONAL RESOURCE DEVELOPMENT TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does EDUCATIONAL RESOURCE DEVELOPMENT TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of EDUCATIONAL RESOURCE DEVELOPMENT TRUST due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EDUCATIONAL RESOURCE DEVELOPMENT TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of EDUCATIONAL RESOURCE DEVELOPMENT TRUST?
- The 990-PF for the year ended June 30, 2025 lists 10 people; 7 received compensation from the organization, the highest $167,258 (Kelli Jones, President).
- How much revenue does EDUCATIONAL RESOURCE DEVELOPMENT TRUST have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $4,467,970, expenses of $4,324,667 and total assets of $4,744,854 at year end.
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