Los Gatos Christmas Foundation is located in Los Gatos, CA. The organization was established in 1984. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, 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. Los Gatos Christmas 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 01/2024, Los Gatos Christmas Foundation generated $9.4k 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 (9.5%) each year. All expenses for the organization totaled $2.5k during the year ending 01/2024. As we would expect to see with falling revenues, expenses have declined by (23.8%) per year over the past 8 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
ANNUAL LOS GATOS CHILDREN'S HOLIDAY AND CHRISTMAS PARADETOTAL EXPENSES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Scott Director | 0 | $0 | |
Eric S Childs Treasurer | 0 | $0 | |
Jim Barth Director | 0 | $0 | |
Nancy Rollett Director | 0 | $0 | |
Steve Highbarger President | 0 | $0 | |
Emily Sprugasci Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,338 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,015 |
| Other Revenue | $0 |
| Total Revenue | $9,373 |
| 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 | $604 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,938 |
| Total expenses | $2,542 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $254,667 |
| Other assets | $0 |
| Total assets | $254,667 |
| Total liabilities | $0 |
| Net assets or fund balances | $254,667 |