Excelerate Foundation Inc
- Assets
- $9.0m
- Revenue
- $402.7k
- Investments
- $7.8m
- Employees
- 0
- Location
- Gold River, CA
- Founding
- 11/1992
- Data as of
- 09/2022
- EIN
- 52-1772345
Organization Overview
Excelerate Foundation Inc is located in Gold River, CA. The organization was established in 1992. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Excelerate Foundation Inc 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 09/2022, Excelerate Foundation Inc generated $402.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $645.4k during the year ending 09/2022. While expenses have increased by 1.9% per year over the past 6 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.
Since 2015, Excelerate Foundation Inc has awarded 144 individual grants totaling $2,779,425. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Alex Sloan President | 10 | $60,500 | |
Ernest Lewis Secretary | 6 | $50,500 | |
Edward Dadakis Treasurer | 6 | $50,500 | |
Farah Pandith Board Member | 6 | $27,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $154,623 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $248,033 |
| Capital Gain Net Income | $248,033 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $402,656 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $188,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,560 |
| Total operating and administrative expenses | $258,670 |
| Contributions, gifts, grants paid | $386,750 |
| Total expenses and disbursements | $645,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $346,174 |
| Savings and temporary cash investments | $880,680 |
| 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 | $0 |
| Other assets | $14,922 |
| Total assets | $9,018,305 |
| Accounts payable and accrued expenses | $378 |
| 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 | $378 |
Grants Awarded
Over the last fiscal year, Excelerate Foundation Inc has awarded $386,750 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
UC DAVIS FOUNDATION PURPOSE: GRANTS TO SUPPORT STAFFING BUDGETS OF A SPECIFIC PROGRAM, AS WELL AS GENERAL PROGRAM SUPPORT FOR CAMPUS AND PUBLIC ARBORETUM OPERATIONS. | $95,000 |
ST JAMES INFIRMARY CO THE TRANSGEND PURPOSE: GRANT TO SUPPORT FOR CORE PROGRAMS FOR ORGANIZATION THAT CREATE A THRIVING ENVIRONMENT THAT FOSTERS THE RICH HISTORY, CULTURE, LEGACY AND EMPOWERMENT OF TRANSGENDER PEOPLE. | $55,000 |
Riverside, CT PURPOSE: GRANT USED TO PROVIDE SUPPORT FOR ORGANIZATION PROVIDING EMERGENCY SUPPORT FOR TOWN OF GREENWICH, INCLUDING PURCHASE OF AMBULANCE. | $50,000 |
New York, NY PURPOSE: GRANT FOR "YOUTH TO THE FRONT" PROGRAM TO SUPPORT THE ORGANIZATION'S THATS DEDICATED TO THE VISION OF A GLOBAL FAMILY BY CREATING AND SUPPORTING PROGRAMS THAT PROMOTE CULTURAL DIVERSITY WHILE NURTURING AND MENTORING THE VISION, TALENTS, AND IDEAS OF YOUNG PEOPLE WHO ARE POSITIVELY CHANGING THE WORLD. | $30,000 |
San Francisco, CA PURPOSE: HELPING TEENS DEAL WITH DISTRESS THOUGH UNIQUE PEER SUPPORT GROUPS. | $25,000 |
Palmetto Bay, FL PURPOSE: FUNDRAISER EVENT FOR ORGANIZATION THAT HELPS PRESERVE THE FLORIDA EVERGLADES | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Terros Inc Phoenix, AZ | $47,004,822 | $84,266,385 |
Community Research Foundation Inc San Diego, CA | $20,745,009 | $77,081,989 |
Independent Order Of Odd Fellows San Jose, CA | $263,514,735 | $67,258,563 |
Gallo Employee Benefit Trust Modesto, CA | $5,341,212 | $62,468,490 |
Arizona Behavioral Health Corporation Phoenix, AZ | $19,459,678 | $40,892,493 |
Turning Point Usa Inc Phoenix, AZ | $7,306,560 | $39,843,289 |
Central City Community Health Center Monterey Park, CA | $37,966,009 | $52,273,838 |
Koret Foundation San Francisco, CA | $515,520,670 | $39,088,314 |
South Coast Childrens Society Inc Mission Viejo, CA | $13,233,032 | $36,840,141 |
Partnerships To Uplift Communities Valley Burbank, CA | $45,863,273 | $39,395,312 |
Lake County Tribal Health Consortium Inc Lakeport, CA | $69,377,072 | $39,633,665 |
Child And Family Service Ewa Beach, HI | $20,885,160 | $29,767,300 |