Coronado Optimist Foundation Inc
- Assets
- $124.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coronado, CA
- Founding
- 04/2009
- EIN
- 26-3609855
Organization Overview
Coronado Optimist Foundation Inc is located in Coronado, CA. The organization was established in 2009. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coronado Optimist Foundation Inc 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 undefined, Coronado Optimist Foundation Inc generated $18.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $18.9k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION MADE SIGNIFICANT GRANTS TO ASSIST YOUTH IN BETTERING THEMSELVES THRU SCHOLARSHIP, SPORTS AND READING PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Kracht Past President | 1 | $0 | |
Bill Carinder Vice President | 1 | $0 | |
Jim Jamison Vice President | 1 | $0 | |
Bo Blumental Treasurer | 3 | $0 | |
Renee Cavanaugh President | 2 | $0 | |
Dennis Dorman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,588 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $27 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,692 |
| Other Revenue | $0 |
| Total Revenue | $18,307 |
| Statement of Expenses | |
|---|---|
| Total expenses | $18,945 |
| Balance Sheet | |
|---|---|
| Total assets | $123,981 |
| Total liabilities | $0 |
| Net assets or fund balances | $123,981 |