Madorom Foundation
- Assets
- $12.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bakersfield, CA
- Founding
- 10/2014
- Data as of
- 12/2023
- EIN
- 46-4477884
Organization Overview
Madorom Foundation is located in Bakersfield, CA. The organization was established in 2014. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madorom 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 12/2023, Madorom Foundation generated $73.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $69.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
TO BENEFIT VARIOUS PUBLIC CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan L Nielsen Treasurer | 0 | $0 | |
Andy Amador President | 0 | $0 | |
Jaime Campbell Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $72,951 |
| Other Revenue | $0 |
| Total Revenue | $72,951 |
| 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 | $5,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,139 |
| Total expenses | $69,289 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,903 |
| Other assets | $0 |
| Total assets | $12,783 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,783 |
Grants Awarded
Over the last fiscal year, Madorom Foundation has awarded $95,638 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ANGIOMA ALLIANCE | | | $40,000 |
BAKERSFIELD MEMORIAL HOSPITAL | | | $10,510 |
THINK TOGETHER | | | $9,128 |
JDRF | | | $28,000 |
WOUNDED HEROES FUND | | | $8,000 |