Me8 Foundation
- Assets
- $8.0k
- Revenue
- $22.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 07/2011
- Data as of
- 12/2022
- EIN
- 27-2659553
Organization Overview
Me8 Foundation is located in Beverly Hills, CA. The organization was established in 2011. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Me8 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 12/2022, Me8 Foundation generated $22.5k 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 (4.3%) each year. All expenses for the organization totaled $18.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENHANCE COMMUNITIES IN THE AREAS OF PUBLIC SERVICE, EDUCATION, PREVENTIVE HEALTH AND OTHERWISE PROVIDES OPPORTUNITIES WITHIN VARIOUS COMMUNITIES THROUGH AWARENESS AND VARIOUS PHILANTHROPIC INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monta Ellis Founder | 1 | $0 | |
Juanika Amos Ellis V/p Operatio | 2 | $0 | |
Jarenta Ellis Operations D | 15 | $0 | |
Gwen Harmon Communictn D | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,460 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,460 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $9,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $766 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,478 |
| Total operating and administrative expenses | $18,244 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $18,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,983 |
| 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 | $7,983 |
| 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 |
Grants Awarded
Over the last fiscal year, Me8 Foundation has awarded $13,347 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S CANCER FUND PURPOSE: CHARITABLE | $2,750 |
TOGETHER WE BALL PURPOSE: CHARITABLE | $6,079 |
THE LADIES LIFESTYLE AFFAIR PURPOSE: CHARITABLE | $1,000 |
FAMILY GATEWAY PURPOSE: CHARITABLE | $3,000 |
THE CHILDREN OF MECOLE GRAY PURPOSE: TMISHRIKI - 04/25/19 08:52AM INTERVIEW FORM PF-19 | $518 |