Borrego Festivals Foundation
- Assets
- $16.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Borrego Springs, CA
- Founding
- 02/2015
- Data as of
- 12/2021
- EIN
- 46-1232990
Organization Overview
Borrego Festivals Foundation is located in Borrego Springs, CA. The organization was established in 2015. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Borrego Festivals 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, Borrego Festivals Foundation generated $48.8k 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 (9.4%) each year. All expenses for the organization totaled $42.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Wright President & CEO | 1 | $0 | |
Fred Jee Vice President | 1 | $0 | |
Matthew Nothelfer Director | 1 | $0 | |
Alicia Wszelaki Director | 1 | $0 | |
Francois Rhodes Director | 1 | $0 | |
Carol Macy-Brandin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,718 |
| Total Program Service Revenue | $16,065 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,783 |
| 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 | $983 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $75 |
| Other expenses | $41,089 |
| Total expenses | $42,147 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,621 |
| Other assets | $0 |
| Total assets | $16,592 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,592 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Borrego Festivals Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elite Athlete Services Llc Chula Vista, CA | $1,496,608 | $8,695,406 |
Fort Mason Center San Francisco, CA | $56,018,448 | $12,125,879 |
Together We Rise Corporation Brea, CA | $12,918,832 | $8,918,064 |
Oakland Parks And Recreation Foundation Oakland, CA | $2,372,224 | $5,180,851 |
Revelation Wellness Foundation Phoenix, AZ | $2,310,255 | $2,402,674 |
Community Cycling Center Portland, OR | $977,321 | $2,001,865 |
Arizona Recreation Center For The Handicapped Phoenix, AZ | $9,226,834 | $2,236,160 |
Ciclavia Inc Los Angeles, CA | $239,557 | $1,284,171 |
Greater Santa Barbara Ice Skating Association Santa Barbara, CA | $13,267,140 | $1,024,865 |
Cuesta La Honda Guild San Jose, CA | $2,111,360 | $1,301,327 |
Nipomo Area Recreation Assoc Inc Nipomo, CA | $539,160 | $1,587,038 |
Hakone Foundation Saratoga, CA | $1,355,242 | $1,725,113 |