Hoover Foundation Inc
- Assets
- $284.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 02/1996
- Data as of
- 12/2022
- EIN
- 33-0414559
Organization Overview
Hoover Foundation Inc is located in San Diego, CA. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Hoover 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 12/2022, Hoover Foundation Inc generated $66.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $127.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Guarnotta President | 0.1 | $0 | |
Lawrence Hall Vice-President/treasurer | 2 | $0 | |
Davene Gibson Secretary | 0.2 | $0 | |
Lynn Murray Director | 0.1 | $0 | |
Ron Durrett Director | 0.1 | $0 | |
Margie Reynolds Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,053 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,745 |
| Investment income | $5,946 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $102 |
| Total Revenue | $66,264 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,057 |
| Other expenses | $2,437 |
| Total expenses | $127,812 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $284,021 |
| Other assets | $0 |
| Total assets | $284,421 |
| Total liabilities | $87,622 |
| Net assets or fund balances | $196,799 |