California Charitable Foundation is located in Laguna Beach, CA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. California Charitable 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, California Charitable Foundation generated $1.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (31.7%) each year. All expenses for the organization totaled $1.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mohannad S Malas President | 2 | $0 | |
Rana Malas Vice President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12 |
| Dividends & Interest | $1,969 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$784 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,197 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $62 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,312 |
| Total operating and administrative expenses | $1,374 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,001 |
| 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 | $109,100 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $118,101 |
| 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 |
Over the last fiscal year, California Charitable Foundation has awarded $14,517 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SYSTEMS FOR HUMAN EMPOWERMENT PURPOSE: DONATION OF BLANKETS TO BE DISTRIBUTED TO THE HOMELESS IN LOS ANGELES, CA AS PART OF AN EVENT HOSTED BY MASJID IBAADILLAH AND SYSTEMS FOR HUMAN EMPOWERMENT DBA ILM FOUNDATION. | $4,517 |
IL MUSLIM CIVIC COALITION PURPOSE: COLLABORATE AND AMPLIFY SOCIAL AND CIVIC EFFORTS TOWARDS AN EQUITABLE AND REPRESENTATIVE AMERICA AND EMPOWER THE VOICES OF MARGINALIZED AND OFTEN INVISIBLE COMMUNITIES. | $10,000 |