Monimos Foundation
- Assets
- $24.3m
- Revenue
- $693.0k
- Investments
- $10.7m
- Employees
- 0
- Location
- Ojai, CA
- Founding
- 12/2015
- Data as of
- 12/2023
- EIN
- 47-5060366
Organization Overview
Monimos Foundation is located in Ojai, CA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Monimos 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, Monimos Foundation generated $693.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (38.3%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Monimos Foundation has awarded 206 individual grants totaling $16,325,302. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Kreitman President | 40 | $120,000 | |
Richard E Marcus Secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Goren Marcus Masino & Marsh | 12/30/19 | $57,695 |
Mechanics Bank Rabobank | 12/30/19 | $87,294 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $80,429 |
| Dividends & Interest | $343,755 |
| Net Rental Income | $37,815 |
| Net Gain on Sale of Assets | $69,514 |
| Capital Gain Net Income | $69,514 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $693,021 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $134,014 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $9,383 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $95,574 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $69,179 |
| Total operating and administrative expenses | $427,042 |
| Contributions, gifts, grants paid | $573,438 |
| Total expenses and disbursements | $1,000,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,198 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $4,014 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $23,693 |
| Net Investments - land, buildings, equipment | $3,864,756 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,999,750 |
| Net Land, buildings, and equipment | $3,351 |
| Other assets | $9,578,832 |
| Total assets | $24,292,643 |
| Accounts payable and accrued expenses | $0 |
| 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 | $27,510 |
| Total liabilities | $27,510 |
Grants Awarded
Over the last fiscal year, Monimos Foundation has awarded $573,438 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN INDIAN COLLEGE FUND PURPOSE: SUPPORT FOR NATIVE AMERICAN SCHOLARS TO OVERCOME ACADEMIC BARRIERS. | $10,000 |
DOCTORS WITHOUT BORDERS PURPOSE: FOR ITS ONGOING WORK BRINGING MEDICAL ASSISTANCE TO THE INJURED AND SICK IN THE WORLD'S CONFLICT ZONES. | $10,000 |
FARM SANCTUARY PURPOSE: FARM SANCTUARY RESCUES ANIMALS AND PROVIDES THEM WITH SANCTUARY | $10,000 |
FOOD FOR THOUGHT PURPOSE: TO HELP GROW ITS ACTIVITIES. FOOD FOR THOUGHT BRINGS A PROGRAM OF GARDEN BASED LEARNING, AGRICULTURAL LITERACY AND DIETARY AWARENESS INTO THE PUBLIC SCHOOLS IN THE OJAI AREA. | $10,000 |
FRIENDS OF THE EASTERN CALIFORNIA MUSEUM PURPOSE: SUPPORT FOR THE MUSEUM'S CULTURAL ACTIVITIES. | $1,000 |
HAPPY VALLEY FOUNDATION PURPOSE: FOR THE REPAIR OF THE BRIDGE TO BESANT HILL SCHOOL FROM HWY 150 IN OJAI. | $10,000 |