Delta Independence Day Foundation is located in Westlake Village, CA. The organization was established in 2008. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delta Independence Day 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, Delta Independence Day Foundation generated $54.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $78.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Delta Independence Day Foundation has awarded 12 individual grants totaling $101,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION AND FUNDING OF INDEPENDENCE DAY PUBLIC FIREWORKS DISPLAY ON SAN JOAQUIN RIVER DELTA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Foscue President | 0.35 | $0 | |
Tom Simms Vice President/treasurer | 0.25 | $0 | |
Marsha R DE Vera Vice President/secretary | 0.25 | $0 | |
William B Hilton Chairman (deceased On 9/19/2019) | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $19 |
| Dividends & Interest | $66,161 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,246 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,934 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $794 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $59,474 |
| Total operating and administrative expenses | $68,757 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $78,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,307 |
| 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 | $1,422,612 |
| 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 | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Delta Independence Day Foundation has awarded $66,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S HOSPITAL OF LOS ANGELES PURPOSE: GENERAL CONTRIBUTION | $22,000 |
PALM SPRINGS AIR MUSEUM INC PURPOSE: GENERAL CONTRIBUTION | $5,000 |
CITY OF HOPE PURPOSE: GENERAL CONTRIBUTION | $5,000 |
CHURCH OF THE GOOD SHEPHERD FOUNDATION INC PURPOSE: GENERAL CONTRIBUTION | $5,000 |
THE UCLA FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $5,000 |
HARBOR-UCLA MEDICAL CENTER GUILD - GLOBEMED AT UCLA PURPOSE: GENERAL CONTRIBUTION | $2,000 |