Economic Alliance Foundation is located in Santa Maria, CA. The organization was established in 2014. According to its NTEE Classification (J19) the organization is classified as: Support N.E.C., under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economic Alliance 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, Economic Alliance Foundation generated $152.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $193.5k during the year ending 12/2022. While expenses have increased by 35.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
CONVENED COMMUNITY MEMBERS ACROSS VARIOUS ECONOMIC SEGMENTS TO ADDRESS ISSUES RELATED TO ECONOMIC DEVELOPMENT AND VITALITY INCLUDING WEBINARS AND SUMMIT.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Sam Cohen President  | 5 | $0 | |
Patrice Mosby VP Governance  | 1 | $0 | |
Phil Adam VP Finance  | 1 | $0 | |
Philip Tabyanan VP Fund Development  | 1 | $0 | |
Steve Grieg Secretary  | 1 | $0 | |
Maribel Aguilera Board Member  | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,596 | 
| Total Program Service Revenue | $25,550 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $19,093 | 
| Other Revenue | $500 | 
| Total Revenue | $152,739 | 
| 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 | $132,122 | 
| Occupancy, rent, utilities, and maintenance | $138 | 
| Printing, publications, postage, and shipping | $3,471 | 
| Other expenses | $57,804 | 
| Total expenses | $193,535 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,657 | 
| Other assets | $0 | 
| Total assets | $140,122 | 
| Total liabilities | $92,477 | 
| Net assets or fund balances | $47,645 | 
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|---|---|---|
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Economic Alliance Foundation Santa Maria, CA  | $140,122 | $0 | 
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Silicon Valley Savannah Oakley, CA  | $0 | $0 |