Drs Enrico And Esther Sobong Foundation
- Assets
- $23.0k
- Revenue
- $481.0
- Investments
- $14.9k
- Employees
- 0
- Location
- Palm Desert, CA
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 38-3552149
Organization Overview
Drs Enrico And Esther Sobong Foundation is located in Palm Desert, CA. The organization was established in 2001. 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. Drs Enrico And Esther Sobong Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Enrico Sobong President | 0 | $0 | |
Esther Sobong Vice Pres | 0 | $0 | |
Esther Sobong Treasurer | 0 | $0 | |
Esther Sobong Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $60 |
| Dividends & Interest | $48 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $373 |
| Total Revenue | $481 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $43 |
| Total operating and administrative expenses | $44 |
| Contributions, gifts, grants paid | $914 |
| Total expenses and disbursements | $958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,098 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,988 |
| 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, Drs Enrico And Esther Sobong Foundation has awarded $2,350 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS NON-PROFIT ORGS PURPOSE: GENERAL FUND | $450 |
SACRED HEART PARISH PURPOSE: GENERAL FUND | $1,400 |
PALM DESERT COMMUNITY PRES CHURCH PURPOSE: GENERAL FUND | $500 |