La Palma Community Foundation
- Assets
- $57.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cypress, CA
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 37-1840024
Organization Overview
La Palma Community Foundation is located in Cypress, CA. The organization was established in 2016. According to its NTEE Classification (T31) the organization is classified as: Community 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. LA Palma Community 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, LA Palma Community Foundation generated $3.7k 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 (63.0%) each year. All expenses for the organization totaled $3.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (62.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PUBLIC SAFETY AND YOUTH PROGRAMS AIMED AT LOCAL STUDENTS IN LA PALMA, CALIFORNIA
Describe the Organization's Program Activity:
Part 3
APPROVED A GRANT TO THE CITY OF LA PALMA TO UNDERWRITE THE COST OF A SCHOOL RESOURCE OFFICER FOR THE COMMUNTIY SCHOOLS. ALSO PROVIDED FUNDING FOR AFTER SCHOOL PROGRAMS FOR THOSE SCHOOLS.
PROVIDE FOOD FOR LOCAL NEEDY FAMILIES THROUGHOUT THE YEAR AND FUND PROJECTS FOR HOLIDAYS FOR NEEDY FAMILIES
AWARDED SCHOLARSHIPS TO TWO GRADUATING HIGH SCHOOL STUDENTS IN THE CITY WHO ARE ATTENDING POST SECONDARY INSTITUTIONS WITH A FIELD OF STUDY RELATED TO PUBLIC SAFETY.
OTHER PROGRAM EXPENSES CONSISTED OF CONCERTS IN THE PARK, CITY EMPLOYEE APPRECIATION PROGRAM AND CITYWIDE SHRED DAY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Steggell President | 2 | $0 | |
Nitesh Patel Director | 2 | $0 | |
Lori Dinwiddie Director | 2 | $0 | |
Noella Lew Vice Preside | 2 | $0 | |
Gregory Goodyear Treasurer | 2 | $0 | |
Terry Kim Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,652 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,652 |
| 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 | $0 |
| Other expenses | $1,248 |
| Total expenses | $3,484 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,983 |
| Other assets | $0 |
| Total assets | $56,983 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,983 |
Grants Awarded
Over the last fiscal year, La Palma Community Foundation has awarded $0 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF LA PALMA CALIFORNIA PURPOSE: ASSIST WITH FUNDING SCHOOL RESOURCE OFFICER AND AFTER SCHOOL PROGRAMS IN JR AND SR HIGH SCHOOLS | $0 |
Cypress, CA PURPOSE: AWARD A COLLEGE SCHORSHIP TO TWO GRADUATING SENIORS FROM JOHN F KENNEDY HIGH SCHOOL | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that La Palma Community Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Prime Healthcare Foundation Inc Ontario, CA PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pasadena Community Foundation Pasadena, CA | $160,872,116 | $33,042,535 |
Stanislaus Community Foundation Modesto, CA | $47,035,948 | $9,403,966 |
Old Pueblo Community Services Tucson, AZ | $5,295,377 | $8,453,026 |
Oregon Jewish Community Foundation Portland, OR | $113,748,806 | $13,935,130 |
Community Foundation Of The Napa Valley Napa, CA | $64,371,837 | $19,995,222 |
Jewish Community Foundation Of Greater Phoenix Scottsdale, AZ | $76,675,258 | $14,514,261 |
Shasta Regional Community Foundation Redding, CA | $33,649,369 | $8,814,085 |
Maricopa County Community College District Foundation Tempe, AZ | $57,726,324 | $17,323,301 |
Troopsdirect Inc San Ramon, CA | $1,749,204 | $6,174,707 |
Portland Community College Foundation Inc Portland, OR | $27,749,544 | $7,912,133 |
Los Altos Community Foundation Los Altos, CA | $24,821,882 | $9,736,995 |
Community Foundation Of San Joaquin Inc Stockton, CA | $29,819,876 | $11,764,048 |