East County Economic Development Council Foundation is located in El Cajon, CA. The organization was established in 1998. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East County Economic Development Council 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 06/2022, East County Economic Development Council Foundation generated $40.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $26.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH, EDUCATION & TRAINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP FUND TO PROVIDE FINANCIAL AND COMMUNITY SUPPORT FOR YOUNG PEOPLE PURSUING A FUTURE IN THE TRADES, APPLIED ARTS AND TECHNOLOGY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Olsen Chairman | Officer | 1 | $0 |
Bryan Shull Treasurer | Officer | 1 | $0 |
Robert Pennoyer Vice Chair | Officer | 1 | $0 |
James Sly CEO | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $350 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $40,005 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $40,355 |
Total Program Service Revenue | $0 |
Investment income | $4 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $40,359 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $25,328 |
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 | $500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
All other expenses | $400 |
Total functional expenses | $26,228 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $40,909 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
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 | $40,909 |
Accounts payable and accrued expenses | $3,350 |
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 | $0 |
Total liabilities | $3,350 |
Net assets without donor restrictions | $0 |
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 | $37,559 |
Total liabilities and net assets/fund balances | $40,909 |
Over the last fiscal year, we have identified 1 grants that East County Economic Development Council Foundation has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Workforce Development Corporation Southeast Los Angeles County Inc Cerritos, CA | $3,079,206 | $9,291,553 |
Arizona Industries For The Blind Phoenix, AZ | $15,708,519 | $11,232,717 |
Westview Services Inc Anaheim, CA | $43,801,353 | $14,508,917 |
California Indian Manpower Consortium Inc Sacramento, CA | $1,497,620 | $8,173,008 |
Conservation Corps North Bay Inc Novato, CA | $6,777,357 | $8,972,735 |
Solano County Private Industry Council Inc Fairfiled, CA | $1,306,172 | $7,947,127 |
Arriba Juntos San Francisco, CA | $5,752,906 | $7,290,735 |
Ser-Jobs For Progress Inc - San Joaquin Valley Fresno, CA | $9,170,032 | $5,926,828 |
San Diego Second Chance Program San Diego, CA | $7,187,602 | $4,875,250 |
Working Wardrobes For A New Start Santa Ana, CA | $4,867,241 | $7,375,799 |
Juma Ventures San Francisco, CA | $3,214,559 | $5,909,359 |
Shasta County Private Industry Redding, CA | $1,895,195 | $4,974,884 |