Venice Family Clinic Foundation
- Assets
- $11.1m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Venice, CA
- Founding
- 01/2011
- Data as of
- 06/2021
- EIN
- 27-3484548
Organization Overview
Venice Family Clinic Foundation is located in Venice, CA. The organization was established in 2011. According to its NTEE Classification (T31) the organization is classified as: Community 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. Venice Family Clinic 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 06/2021, Venice Family Clinic Foundation generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 56.8% each year . All expenses for the organization totaled $2.7m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE MISSION OF THE VENICE FAMILY CLINIC, TO PROVIDE QUALITY PRIMARY HEALTHCARE TO PEOPLE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING THE EFFORTS OF THE VENICE FAMILY CLINIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Matricardi Dr Ph Treasurer | OfficerTrustee | 2 | $0 |
Joan E Herman Chair | OfficerTrustee | 2 | $0 |
Fern Seizer Secretary | OfficerTrustee | 2 | $0 |
Elizabeth B Forer Chief Executive Officer | Officer | 1 | $0 |
Andrea B Blackbird Chief Financial Officer | Officer | 1 | $0 |
Lowell C Brown ESQ Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $793,823 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,404,045 |
| Noncash contributions included in lines 1a–1f | $202,366 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,197,868 |
| Total Program Service Revenue | $0 |
| Investment income | $5,263 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,738 |
| Net Income from Fundraising Events | -$288,010 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,917,859 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,500,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40 |
| Fees for services: Other | $1,750 |
| Advertising and promotion | $33,907 |
| Office expenses | $67,157 |
| Information technology | $3,870 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $244 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $425 |
| All other expenses | $80,644 |
| Total functional expenses | $2,711,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,388,055 |
| Savings and temporary cash investments | $9,616,145 |
| Pledges and grants receivable | $11,334 |
| Accounts receivable, net | $65,875 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $744 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,082,153 |
| Accounts payable and accrued expenses | $21,902 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,190,598 |
| Total liabilities | $2,212,500 |
| Net assets without donor restrictions | $8,869,653 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,082,153 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Venice Family Clinic Foundation has recieved totaling $1,031,300.
| Awarding Organization | Amount |
|---|---|
Tikun Olam Foundation Los Angeles, CA PURPOSE: general support | $441,000 |
Jewish Community Fdn Of The Jewish Federation Council Of Greater La Los Angeles, CA PURPOSE: general support | $357,300 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $69,500 |
| $56,000 | |
Aramont Charitable Foundation Los Angeles, CA PURPOSE: CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES | $50,000 |
Smidt Foundation Beverly Hills, CA PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Sonoma County Santa Rosa, CA | $227,314,167 | $31,190,414 |
North Valley Community Foundation Chico, CA | $60,759,000 | $16,028,341 |
Community Foundation For Southern Arizona Tucson, AZ | $172,311,447 | $35,644,345 |
International Community Foundation National City, CA | $29,422,268 | $13,734,101 |
Rancho Santa Fe Foundation Rancho Santa Fe, CA | $166,599,422 | $22,283,277 |
Community Foundation Of Western Nevada Reno, NV | $127,209,186 | $12,894,705 |
Humboldt Area Foundation Bayside, CA | $172,334,910 | $13,192,449 |
Jewish Community Foundation Of Southern Arizona Tucson, AZ | $157,844,908 | $29,193,344 |
Mayors Fund For Los Angeles Los Angeles, CA | $12,037,706 | $5,243,106 |
Jewish Community Foundation Of Orange County Irvine, CA | $108,015,348 | $20,165,393 |
Pasadena Community Foundation Pasadena, CA | $160,872,116 | $33,042,535 |
Stanislaus Community Foundation Modesto, CA | $47,035,948 | $9,403,966 |