Golden Tate Foundation
- Assets
- $39.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 12/2015
- Data as of
- 12/2018
- EIN
- 47-1941773
Organization Overview
Golden Tate Foundation is located in San Diego, CA. The organization was established in 2015. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golden Tate 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 12/2018, Golden Tate Foundation generated $47.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $35.7k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (17.7%) per year over the past 2 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
2018
Describe the Organization's Program Activity:
Part 3
THE GOLDEN TATE FOUNDATION SEEKS TO RAISE RESOURCES FOR UNDERSERVED YOUTH ACTIVITIES INCLUDING ATHLETICS, FINE AND PERFORMING ARTS. THE FOUNDATION HOLDS FUNDRAISING ACTIVITIES SUCH AS YOUTH CAMPS, GOLF TOURNAMENTS, AUCTIONS AND OTHER EVENTS. FUNDS RAISED GO TOWARD FURTHERING THE DEVELOPMENT OF UNDERSERVED CHILDREN, MOSTLY BETWEEN THE AGES OF 8-13. THE FOUNDATION ALSO RAISES RESOURCES AND AWARENESS FOR UNDERSERVED MILITARY AND VETERAN-RELATED CAUSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Golden Tate III Director | 5 | $0 | |
Elise Tate Secretary | 5 | $0 | |
Wesley Tate Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,775 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,878 |
| Other Revenue | $0 |
| Total Revenue | $47,897 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $96 |
| Other expenses | $9,629 |
| Total expenses | $35,725 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,904 |
| Other assets | $0 |
| Total assets | $39,904 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,904 |