Massen Greene Foundation
- Assets
- $9.4m
- Revenue
- $1.5m
- Investments
- $8.3m
- Employees
- 0
- Location
- Laguna Hills, CA
- Founding
- 10/1994
- Data as of
- 12/2021
- EIN
- 33-0482555
Organization Overview
Massen Greene Foundation is located in Laguna Hills, CA. The organization was established in 1994. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massen Greene 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 12/2021, Massen Greene Foundation generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $900.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Massen Greene Foundation has awarded 87 individual grants totaling $5,970,515. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth O Solomon Director & President | 5 | $24,000 | |
Kajsa James Director & Secretary | 5 | $24,000 | |
Larry D Vince Director & C.f.o. | 5 | $24,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $668,978 |
| Interest on Savings | $0 |
| Dividends & Interest | $193,987 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $606,107 |
| Capital Gain Net Income | $606,107 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,469,072 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $72,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,806 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,951 |
| Total operating and administrative expenses | $165,746 |
| Contributions, gifts, grants paid | $735,000 |
| Total expenses and disbursements | $900,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $482,499 |
| Savings and temporary cash investments | $496,345 |
| 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 | $229,756 |
| Net Land, buildings, and equipment | $80,626 |
| Other assets | $0 |
| Total assets | $9,353,507 |
| 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, Massen Greene Foundation has awarded $735,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Laguna Beach, CA PURPOSE: CONTRIBUTION IN FURTHERANCE OF RECIPIENT'S EXEMPT PURPOSE. | $120,000 |
PACIFIC MARINE MAMMAL CENTER PURPOSE: CONTRIBUTION IN FURTHERANCE OF RECIPIENT'S EXEMPT PURPOSE. | $115,000 |
Newport Coast, CA PURPOSE: CONTRIBUTION IN FURTHERANCE OF RECIPIENT'S EXEMPT PURPOSE. | $100,000 |
Laguna Beach, CA PURPOSE: CONTRIBUTION IN FURTHERANCE OF RECIPIENT'S EXEMPT PURPOSE. | $75,000 |
Paia, HI PURPOSE: CONTRIBUTION IN FURTHERANCE OF RECIPIENT'S EXEMPT PURPOSE. | $70,000 |
Newport Beach, CA PURPOSE: CONTRIBUTION IN FURTHERANCE OF RECIPIENT'S EXEMPT PURPOSE. | $70,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Massen Greene Foundation has recieved totaling $273,552.
| Awarding Organization | Amount |
|---|---|
Massen-Greene Charitable Remainder Foundation 02-50510-Pf Santa Ana, CA PURPOSE: GENERAL | $172,752 |
Massen-Greene Charitable Fund Honolulu, HI PURPOSE: GENERAL CHARITABLE PURPOSES | $100,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sierra Club Foundation Oakland, CA | $244,757,583 | $95,601,203 |
Resources Legacy Fund Sacramento, CA | $131,343,495 | $84,084,998 |
Christensen Fund San Francisco, CA | $364,587,072 | $46,544,592 |
Earth Island Institute Inc Berkeley, CA | $22,402,365 | $16,760,146 |
River Partners Chico, CA | $23,560,844 | $15,926,609 |
Ecology Center Berkeley, CA | $7,185,570 | $13,640,615 |
Santa Catalina Island Conservancy Avalon, CA | $117,867,719 | $18,977,190 |
Elemental Excelerator Inc Honolulu, HI | $24,490,108 | $15,915,259 |
Sierra Foothill Conservancy Tr Mariposa, CA | $32,787,523 | $11,475,774 |
Island Conservation Santa Cruz, CA | $9,877,224 | $8,035,021 |
Pachamama Alliance San Francisco, CA | $3,900,327 | $8,257,728 |
Green Education Foundation San Jose, CA | $4,255,688 | $9,135,673 |