Carezone Foundation is located in San Mateo, CA. The organization was established in 2015. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carezone 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, Carezone Foundation generated $157.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 54.7% each year . All expenses for the organization totaled $6.8k during the year ending 12/2023. 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 Mission:
Part 3 - Line 1
OUR MISSISION IS TO HELP THOSE IN NEED AFFORD INCREASINGLY EXPENSIVE MEDICINES.
Describe the Organization's Program Activity:
Part 3
NONE
NONE
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Schwartz Director | 0 | $0 | |
Walter Smith Director | 0 | $0 |
| 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 | $0 |
| Other Revenue | $157,555 |
| Total Revenue | $157,555 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,400 |
| Professional fees and other payments to independent contractors | $3,780 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $575 |
| Total expenses | $6,755 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,054 |
| Other assets | $0 |
| Total assets | $72,054 |
| Total liabilities | $277,896 |
| Net assets or fund balances | -$205,842 |