Warner Avenue Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO ENRICH AND ENHANCE THE EDUCATION AND EXPERIENCE OF THE STUDENTS OF WARNER AVENUE ELEMENTARY.
- Income
- $1.1 million
- Spending
- $1.1 million
- Spent on programs
- 79%
- Reserves
- 13.4 months of spending
- Largest source of income
- donations and private grants, 58%
- Employees
- 0
- Volunteers
- 500
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 88 out of 100. Higher than 78% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 13.4 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
8 of 15Spending exceeded income by 0% of income.
Income trend
10 of 15Income fell 8% on the year before.
Spending floor
15 of 1579% of spending went to programs and raising each dollar of donations cost 34 cents.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 74 out of 100. Higher than 30% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $886,012 spent. TEACHING ASSISTANTS WERE PROVIDED IN EACH CLASSROOM. ALL CHILDREN HAD ACCESS TO PHYSICAL EDUCATION, ART, MUSIC, SCIENCE, COMPUTER SCIENCE AND MUSIC SPECIALISTS.
- SUPPORT THE ADMINISTRATION AND OPERATION OF THE SCHOOL BY HIRING TWO TEACHERS AND ONE ADMINISTRATIVE PERSON.
- PROVIDE CLASSROOM SUPPORT. CLASSROOM SUPPORT INCLUDES (I) EDUCATIONAL SUPPLIES, (II) LIBRARY IMPROVEMENTS, (III) TECHNOLOGY AND CLASSROOM IMPROVEMENTS, (IV) SCHOLARSHIPS TO STUDENTS FOR EDUCATIONAL DEVELOPMENT.
- OTHER PROGRAM SERVICES 4: GENERAL SCHOOL SUPPORT. COMPUTER, COPYING, EMERGENCY AND OTHER SUPPLIES AS WELL AS CLEANING AND OTHER FACILITY SERVICES WERE PROVIDED TO THE SCHOOL.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1991.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.