Natomas Arts And Education Foundation
- Assets
- $320.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 10/2002
- Data as of
- 06/2022
- EIN
- 68-0475414
Organization Overview
Natomas Arts And Education Foundation is located in Sacramento, CA. The organization was established in 2002. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Natomas Arts And Education 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 06/2022, Natomas Arts And Education Foundation generated $160.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $130.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTE ACADEMIC AND EDUCATIONAL EXCELLENCE IN THE NATOMAS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Farrell Board Member | 1 | $0 | |
Daniel Spohr-Grimes Board Member | 1 | $0 | |
Jason Molay President | 1 | $0 | |
Michael Wang Secretary | 1 | $0 | |
Sarah Winter Treasurer | 1 | $0 | |
Jasmine Francis-Bush Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,505 |
| Total Program Service Revenue | $116,095 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,409 |
| Other Revenue | $268 |
| Total Revenue | $160,277 |
| 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 | $16,519 |
| Occupancy, rent, utilities, and maintenance | $37,417 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $76,177 |
| Total expenses | $130,113 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $311,194 |
| Other assets | $0 |
| Total assets | $320,369 |
| Total liabilities | $337 |
| Net assets or fund balances | $320,032 |