El Dorado Community Foundation
- Assets
- $26.4m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 8
- Location
- Placerville, CA
- Founding
- 12/1994
- Data as of
- 12/2022
- EIN
- 68-0255556
Organization Overview
El Dorado Community Foundation is located in Placerville, CA. The organization was established in 1994. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, El Dorado Community Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. El Dorado Community 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 12/2022, El Dorado Community Foundation generated $1.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $4.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE EL DORADO COMMUNITY FOUNDATION IS DEDICATED TO STRENGTHENING OUR COMMUNITY BOTH NOW AND FOR FUTURE GENERATIONS. THE FOUNDATION FULFILLS ITS MISSION BY:- ENCOURAGING PRIVATE GIVING FOR THE PUBLIC GOOD.- BUILDING AND MAINTAINING A PERMANENT ENDOWMENT FUND TO RESPOND TO CHANGING COMMUNITY NEEDS.- PROVIDING A FLEXIBLE TAX-EXEMPT VEHICLE FOR DONORS WITH VARIED CHARITABLE INTEREST AND ABILITIES TO GIVE.-SERVING AS A CATALYIST, A CONVENER, AND A PARTNER IN SHAPING EFFECTIVE RESPONSES TO COMMUNITY PROBLEMS AND OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR, THE FOUNDATION AWARDED GRANTS TO NUMEROUS COMMUNITY NON-PROFIT ORGANIZATIONS IN NEED, ADMINISTERED ENDOWMENTS AND GRANT-MAKING SERVICES FOR LOCAL AGENCIES, HELD PLANNED GIVING SEMINARS FOR POTENTIAL DONORS, AND LED FOCUS GROUPS WITH LOCAL LEADERS TO DISCUSS COMMUNITY NEEDS AND FUTURE AREAS OF GRANT-MAKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Roby Key Employee | 40 | $160,500 | |
Kathleen Peek President | OfficerTrustee | 30 | $0 |
Allan Priest Vice President | OfficerTrustee | 30 | $0 |
Brian Veerkamp Treasurer | OfficerTrustee | 30 | $0 |
Shelbi Bennett Secretary | OfficerTrustee | 30 | $0 |
Dan Stazak Past President | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,569,999 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,569,999 |
| Total Program Service Revenue | $81,221 |
| Investment income | -$2,046,345 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,629,433 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,103,897 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $165,250 |
| Compensation of current officers, directors, key employees. | $24,787 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $397,606 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $350,671 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $38,232 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,544 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,506 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,717 |
| Insurance | $18,399 |
| All other expenses | $1,227 |
| Total functional expenses | $4,180,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,563,969 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,195 |
| Net Land, buildings, and equipment | $1,298,259 |
| Investments—publicly traded securities | $21,344,054 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $14,067 |
| Other assets | $144,094 |
| Total assets | $26,381,638 |
| Accounts payable and accrued expenses | $78,117 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,304,894 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,383,011 |
| Net assets without donor restrictions | $22,854,533 |
| Net assets with donor restrictions | $144,094 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $26,381,638 |