Conejo Schools Foundation

Nonprofit profile at a glance

EIN
020705355
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Thousand Oaks, CA, USA
Phone
8054979511
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$715,116
Expenses
$864,433
Assets
$677,847
Liabilities
$21,225

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • SUE WELLS (PRESIDENT)

Highest reported compensation

  • LANA CLARK (EXECUTIVE DI): $92,908 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The conejo schools foundation supports student success throughout conejo valley unified school district.

What it reported doing in 2024

The conejo schools foundation supports student success throughout the conejo valley unified school district. We partner with the community to mobilize support and resources to enrich, enhance, and expand educational experiences for all cvusd students. Csf teacher grants - help to support student success by funding innovative projects that enhance student learning. Cvusd educators can apply for a grant up to 300 for use in their classroom or for projects that directly impact students. State of the schools - annual event held by csf for members of the community to create awareness of cvusd programs and highlight successes of the past year. Conejo academy - title i school, csf provides general support for hop into kindergarten (early intervention program for low ses students) and year-round specialists to assist with student success and achievement. Rise with the rams - partnership with rise, la rams, and cvusd to provide anti-discrimination leadership training for 8th-grade students and parent leaders. Glenwood elementary - title i school, csf pays for field trips and incentives to help increase student attendance rate. Unified sports support for whs, nphs, tohs teams, helping students with and without intellectual disabilities develop exceptional athletic skills while forming friendships, fostering respect for each other, and becoming leaders on and off the court. Spelling bee registration support - cover the cost and assist with registration for the annual scripps spelling bee. We the people certificates - provide printed certificates for all 5th graders who complete the program. Teacher of the month award - provide an individual teacher grant to the recipient (in partnership with greater conejo valley chamber of commerce). Support for the international baccalaureate (ib) program at newbury park high school (in partnership with sage). Provide k-12 language art mini-grants (in partnership with sage). Support for the center for advanced studies and research at thousand oaks high school (in partnership with sage). Support for the madrona science specialist (in partnership with safe passage).

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 94
  • Accountability: 76
  • Sustainability: 25
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.8%; rating input score 94
  • Program expense ratio: 77.6%; rating input score 78
  • Fundraising efficiency: $10.01 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -20.9%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0.78; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 58; 58th percentile among comparable filings
  • Officer compensation ratio: 10.7%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: -2.1% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -3.2% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 20th percentile among comparable filings

Details

  • Where the money goes: 93.8% of revenue deployed · 77.6% of spending went to programs
  • Governance: 11 of 11 board members independent · 3 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $670K in reported program spending
  • Leadership: top reported pay $93K · 12 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.
  • Review — Sustainability: Liabilities to assets ratio scored 58/100.