Sophidion Foundation
- Assets
- $2.3m
- Revenue
- $44.3k
- Investments
- $2.3m
- Employees
- 0
- Location
- Cambria, CA
- Founding
- 12/2006
- Data as of
- 12/2023
- EIN
- 20-5474745
Organization Overview
Sophidion Foundation is located in Cambria, CA. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sophidion Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Sophidion Foundation generated $44.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $195.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sophidion Foundation has awarded 83 individual grants totaling $1,091,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James T Clarke Pres/dir | 3 | $0 | |
Karen L Clarke Secretary | 1 | $0 | |
Karen L Clarke Cfo/director | 1 | $0 | |
Stephen L Kniffen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $442 |
| Dividends & Interest | $107,627 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$63,784 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,285 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $321 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $19,830 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $39,410 |
| Contributions, gifts, grants paid | $156,500 |
| Total expenses and disbursements | $195,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,345 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,324,066 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1 |
| Total liabilities | $1 |
Grants Awarded
Over the last fiscal year, Sophidion Foundation has awarded $156,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CUESTA COLLEGE NURSING PROGRAM PURPOSE: PROMOTE EDUCATION VOCATIONS FOR WORTHY NURSING STUDENTS. | $100,000 |
CAL POLY WOMEN'S GOLF PROGRAM PURPOSE: ENCOURAGE YOUNG WOMEN BY PARTICAPATING IN SPORTS TO BECOME INNOVATORS AND LEADERS IN THE COMMUNITY. | $20,000 |
STANISLAUS WILDLIFE CARE CENTER PURPOSE: CARING FOR INJURED AND ORPHANED NATIVE WILD ANIMALS, SO THAT THEY CAN BE RELEASED BACK INTO THEIR NATIVE ENVIRONMENT | $5,000 |
CAMBRIA TENNIS CLUB PURPOSE: TO PROVIDE RESURFACING OF TWO TENNIS COURTS FOR THE STUDENTS OF COAST UNION HIGH SCHOOL. | $5,000 |
CAMBRIA COMMUNITY COUNCIL PURPOSE: PROVIDE GRANTS FOR LOCAL NON-PROFIT ORGANIZATIONS INCLUDING THOSE THAT SUPPORT YOUTH, SENIOR, ANIMALS, EMERGENCY AGENCIES, THE RANCH LAND, THE LIBRARY AND THE ARTS IN THE COMMUNITY. | $15,000 |
AMERICAN LEGION PURPOSE: TOYS FOR TOTS - TO PROVIDE TO UNDERPRIVILEGED CHILDREN GIFTS AT CHRISTMAS. | $1,500 |