Phrma California Initiative Fund
- Assets
- $103.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 12/2016
- Data as of
- 07/2024
- EIN
- 47-4788614
Organization Overview
Phrma California Initiative Fund is located in Sacramento, CA. The organization was established in 2016. According to its NTEE Classification (R40) the organization is classified as: Voter Education & Registration, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phrma California Initiative Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 07/2024, Phrma California Initiative Fund generated $70.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (65.5%) each year. All expenses for the organization totaled $202.3k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (64.3%) per year over the past 6 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
2024
Describe the Organization's Program Activity:
Part 3
SUPPORT OR OPPOSE STATE OR LOCAL MEASURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas W Hiltachk Treasurer | 1 | $0 | |
Ashlee N Titus Assistant Treasurer | 1 | $0 | |
Flo Kahn Executive Board Member | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
1750 Productions Video Prod. Services | 7/30/17 | $923,203 |
Amplified Strategies Inc Prod. Of Mailers | 7/30/17 | $15,407,251 |
Target Enterprises Media Buyer | 7/30/17 | $83,572,500 |
The Production House Video Production | 7/30/17 | $1,854,734 |
Winner & Mandabach C Consulting Services | 7/30/17 | $2,928,963 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,000 |
| 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 | $5,740 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50 |
| Total expenses | $202,290 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,003 |
| Other assets | $0 |
| Total assets | $103,003 |
| Total liabilities | $0 |
| Net assets or fund balances | $103,003 |
Grants Awarded
Over the last fiscal year, Phrma California Initiative Fund has awarded $117,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ASM HEATH FLORA FOR SAFER CO PURPOSE: Ballot measures | $25,000 |
ASSEM VINCE FONGS BM COM PURPOSE: Ballot measures | $7,500 |
CA WORKS - TONI ATKINS BM COM PURPOSE: Ballot measures | $35,000 |
RUBIO FIGHTING FOR CA BM COMM PURPOSE: Ballot measures | $40,000 |
SENATOR SUSAN RUBIO BM COMM PURPOSE: Ballot measures | $10,000 |