Singularity Foundation
- Assets
- $1.1m
- Revenue
- $205.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 46-4941294
Organization Overview
Singularity Foundation is located in Menlo Park, CA. The organization was established in 2014. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Singularity 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, Singularity Foundation generated $205.1k in total revenue. All expenses for the organization totaled $74.3k during the year ending 12/2021. While expenses have increased by 29.3% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERIAL ENTREPRENEUR SHARING (JULY 26)
ENTREPRENEUR SHARING CONFERENCE: WEB 3.0 (APRIL 17)
AI & BIG DATA CONFERENCE (DECEMBER 23)
ENTREPRENEUR SHARING CONFERENCE: WEB 3.0 (FEBRUARY 4)
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $42 |
| Dividends & Interest | $2,849 |
| 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 | $2,195 |
| Total Revenue | $205,086 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $147 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $63,560 |
| Printing and publications | $0 |
| Other expenses | $7,177 |
| Total operating and administrative expenses | $74,334 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $74,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,656 |
| Savings and temporary cash investments | $699,353 |
| 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 | $60 |
| Other assets | $200,000 |
| Total assets | $1,060,069 |
| Accounts payable and accrued expenses | $5,435 |
| 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 | $5,435 |
Grants Awarded
Over the last fiscal year, Singularity Foundation has awarded $10,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
STANFORD UNIVERSITY PURPOSE: CHARITABLE CONTRIBUTION | $5,500 |
STANFORD UNIVERSITY PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Business Finance Capital Los Angeles, CA | $7,749,774 | $11,735,552 |
Los Angeles Cleantech Incubator Los Angeles, CA | $4,675,991 | $8,340,208 |
Economic Development Corporation Of Los Angeles Los Angeles, CA | $29,436,314 | $9,374,870 |
Main Street Launch Oakland, CA | $33,776,792 | $12,838,427 |
Inquiring Systems Inc Santa Rosa, CA | $7,524,299 | $8,764,937 |
Oregon Manufacturing Extension Partnership Inc Portland, OR | $2,663,862 | $6,607,892 |
Mce Social Capital San Francisco, CA | $62,791,597 | $6,149,930 |
Renaissance Entrepreneurship Center San Francisco, CA | $5,879,123 | $7,123,665 |
Pacific Community Ventures Oakland, CA | $20,029,825 | $8,516,576 |
Pacific Coast Regional Urban Small Business Development Corporation Los Angeles, CA | $22,353,411 | $11,894,942 |
Capital Access Group Inc San Francisco, CA | $3,408,808 | $3,647,968 |
California Capital Financial Development Corporation Sacramento, CA | $3,879,539 | $4,828,871 |