Patriot Oil Community Benefit Tr Of 2002

Organization Overview

Patriot Oil Community Benefit Tr Of 2002 is located in Granada Hills, CA. The organization was established in 2009. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patriot Oil Community Benefit Tr Of 2002 is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Patriot Oil Community Benefit Tr Of 2002 generated $67.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $63.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Patriot Oil Community Benefit Tr Of 2002 has awarded 31 individual grants totaling $486,474. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY PURPOSE OF THE POCBT2002 IS TO FUND WORTHY PROJECTS THAT WILL PROTECT, ENHANCE, BEAUTIFY, EDUCATE, REWARD OR BE OF GENERAL BENEFIT TO THE RESIDENTS IN THE AREA WITHIN ITS ESTABLISHED BOUNDARIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COVID19, CONTINUED TO IMPACT SCHOOLS, PARKS AND OTHER ORGANIZATIONS AND RESULTED IN THE CANCELLATION OF SOME OF THEIR EVENTS AND/OR CURTAILED THEIR USUAL FUND-RAISING ACTIVITIES.PARKS WE DID NOT FUND ANY MAJOR PROJECTS THIS YEAR FOR THE RECREATION & PARKS DEPARTMENT (R&P), HOWEVER, WE DID HOST THE DEDICATION CEREMONY FOR THE MARY ELLEN CROSBY CHILDRENS PLAYGROUND IN BEE PARK THAT HAD BEEN DELAYED FOR OVER A YEAR AFTER WE HAD ORGANIZED THE R&P APPROVAL AND HAD FUNDED THE NEW SIGNAGE IN 2020.SCHOOLS (LAUSD) THE ONLY SCHOOL REQUESTING FUNDS WAS JOHN F. KENNEDY HIGH SCHOOL FOR THEIR GLOBAL LEADERSHIP & ENVIRONMENTAL ACTION MAGNET GREEN SPACE PROJECT (GLEAM), WHICH ALONG WITH A CURRICULUM ON THE ENVIRONMENTAL, CLIMATE BASED, AND HUMAN RIGHTS FACING COMMUNITIES LOCALLY WILL ALSO CREATE GREEN SPACES AND PROVIDE TRAINING TO STUDENTS USING RAISED IRRIGATED GARDENS WHERE STUDENTS CAN GATHER AND ALSO RAISE VEGETABLES. COMMUNITY/SAFETY AWARENESS PROVIDED FUNDING TO THE GRANADA HILLS CHAMBER OF COMMERCES STREET FAIRE 2021 AND CONTINUE TO BE A PLATINUM SPONSOR OF THEIR HOLIDAY PARADE 2021.PROVIDED FUNDING FOR THE GRANADA HILLS ROTARY FOUNDATIONS FUND-RAISING EFFORTS TO PROVIDE COVID-19 RELIEF IN THE FORM OF EQUIPMENT AND LUNCHES TO LOCAL AND VALLEY HOSPITALS, POLICE AND FIRE STATIONS. ALSO PROVIDED ADDITIONAL FUNDING AS A DIAMOND SPONSOR FOR THEIR OKTOBERFEST 2021 FUND RAISING PROJECT.PLATINUM SPONSOR FOR NORTH VALLEY YMCAS THANKSGIVING BASKETS 2021 PROGRAM. PROVIDED FUNDING TO THE SUPPORTERS OF LAW ENFORCEMENT DEVONSHIRE (S.O.L.I.D) FOR UNIFORMS AND EQUIPMENT FOR USE BY OUR LOCAL POLICE VOLUNTEERS AT THE DEVONSHIRE DIVISION.PROVIDED FUNDING TO THE VETERANS OF FOREIGN WARS (VFW 2323) TO PREVENT THEIR CLOSURE BY THE CITY FOR HEALTH REASONS BY REMODELING THEIR KITCHEN.CONTINUED TO SUPPORT THE SOUTHERN CALIFORNIA PREPAREDNESS FOUNDATION BY PROVIDING FREE STORAGE FOR THEIR EQUIPMENT AT OUR COMMUNITY STORAGE UNIT.MISCELLANEOUS - WE CONTINUED TO ALLOW THE GRANADA HILLS CHAMBER OF COMMERCE TO DO AN INCREMENTAL DRAWDOWN FROM THE ORIGINAL $18,000 FUND WHICH WE ESTABLISHED, AND THEY MAINTAIN, IN ORDER TO PAY FOR THE COSTS OF TRAFFIC CONTROL SHOULD THE CITY DECIDE TO CHARGE THEM. THIS FUND WILL BE REDUCED TO $9,000 IN 2021 AND WAS USED FOR THE PAST 4 YEARS IN DEFRAYING COSTS RELATED TO THE HOLIDAY PARADE, AND WITH OUR GUARANTEE TO REPLENISH THE $18,000 FUND SHOULD IT BECOME NECESSARY.WE CONTINUE TO PROVIDE FREE STORAGE SPACE AT OUR COMMUNITY STORAGE UNIT FOR ORGANIZATIONS SUCH AS THE GHNNC, VALLEY DISASTER PREPAREDNESS TEAM, AND THE SCL-CAC, WHICH SERVICE OUR TRUSTS AREA, AS WELL AS OTHER COMMUNITY MEMBERS WHO HAVE DOCUMENTS OR LETTERS THAT ARE BEING DISPOSED OF BUT ARE WORTHY OF SAVING FOR POSTERITY. WE ALSO CONTINUE TO LOAN THREE 4-DRAWER FILE CABINETS TO THE GHNNC, AND CANOPIES TO THE VALLEY DISASTER PREPAREDNESS TEAM.


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Board, Officers & Key Employees

Name (title)Compensation
Wayde Hunter
President
$0
Ralph Kroy
Interm Treas
$0
Donna Zero
Trustee
$0
Bill Cotter
Trustee
$0
Meg Volk
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$67,587
Investment income $0
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 $67,587

Grants Awarded

Over the last fiscal year, Patriot Oil Community Benefit Tr Of 2002 has awarded $50,904 in support to 5 organizations.

Grant RecipientAmount

VFW 2323

|

|

$15,000

GRANADA HILL CHAMBER OF COMME

|

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$12,600

GRANADA HILLS ROTARY FOUNDATI

|

|

$12,000

LAUSD KENNEDY SCHOOL

|

|

$6,000

POCBT2002 BOUNDRIES ORGANIZAT

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$5,304
View Grant Profile

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