Yagas Childrens Fund
- Assets
- $92.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Galveston, TX
- Founding
- 07/2002
- Data as of
- 06/2024
- EIN
- 76-0694903
Organization Overview
Yagas Childrens Fund is located in Galveston, TX. The organization was established in 2002. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Yagas Childrens Fund 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 06/2024, Yagas Childrens Fund generated $94.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $90.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 9 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
THE MISSION OF THE YAGA'S CHILDREN'S FUND IS TO SUPPORT THE MORAL, PSYCHOLOGICAL, INTELLECTUAL,VOCATIONAL AND PHYSICAL DEVELOPMENT OF THE CHILDREN OF GALVESTON COUNTY THROUGH CHARITABLEDONATIONS THAT SUPPORT NON-PROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Arneson Director | 1 | $0 | |
Gloria Diaz Treasurer | 1 | $0 | |
Mike Dean Director | 1 | $0 | |
Aubree Martorell President | 1 | $0 | |
Gene Lippold Director | 1 | $0 | |
Tammie Caballero Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,659 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,790 |
| Other Revenue | $0 |
| Total Revenue | $94,449 |
| 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 | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,152 |
| Other expenses | $6,567 |
| Total expenses | $90,304 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,167 |
| Other assets | $0 |
| Total assets | $92,167 |
| Total liabilities | $1,790 |
| Net assets or fund balances | $90,377 |
Grants Awarded
Over the last fiscal year, Yagas Childrens Fund has awarded $116,290 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ADVOCACY CENTER FOR CHILDREN PURPOSE: SERVING CHILDREN | $6,000 |
CASA PURPOSE: SERVING CHILDREN | $12,000 |
FAMILY SERVICE CENTER PURPOSE: SERVING CHILDREN | $6,000 |
GALVESTON BALLET PURPOSE: SERVING CHILDREN | $8,000 |
GALVESTON CHILDRENS MUSEUM PURPOSE: SERVING CHILDREN | $5,440 |
GALVESTON DIAPER BANK PURPOSE: SERVING CHILDREN | $8,000 |