Avila Beach Community Foundation
- Assets
- $2.3m
- Revenue
- $150.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Avila Beach, CA
- Founding
- 09/2000
- Data as of
- 12/2022
- EIN
- 77-0490425
Organization Overview
Avila Beach Community Foundation is located in Avila Beach, CA. The organization was established in 2000. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Avila Beach 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, Avila Beach Community Foundation generated $150.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $633.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Avila Beach Community Foundation has awarded 18 individual grants totaling $137,462. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PUBLIC BENEFIT TO THE COMMUNITY OF AVILA BEACH, SAN LUIS OBISPO COUNTY, CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ACCEPT DONATIONS AND FUND PROJECTS FOR THE ENHANCEMENT AND BETTERMENT OF THE AVILA BEACH COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cyndy Lakowske President | OfficerTrustee | 2 | $0 |
Barbara Nicholson Vice President | OfficerTrustee | 2 | $0 |
Ellen Pitrowski Secretary | OfficerTrustee | 2 | $0 |
Debra Pritchard Trustee | OfficerTrustee | 2 | $0 |
Bev Aho Trustee | Trustee | 2 | $0 |
Patrick Corrigan Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,327 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,327 |
| Total Program Service Revenue | $0 |
| Investment income | $125,495 |
| 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 | $150,822 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $61,444 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,400 |
| Fees for services: Accounting | $1,620 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,107 |
| Office expenses | $172 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,765 |
| All other expenses | $431 |
| Total functional expenses | $633,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $116,186 |
| 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 | $10,577 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,133,775 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,260,538 |
| Accounts payable and accrued expenses | $3,850 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,850 |
| Net assets without donor restrictions | $2,226,229 |
| Net assets with donor restrictions | $30,459 |
| 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 | $2,260,538 |
Grants Awarded
Over the last fiscal year, Avila Beach Community Foundation has awarded $16,710 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AVILA BEACH CIVIC ASSOCIATION PURPOSE: SEE ORGANIZATION'S MISSION STMT | $8,000 |
PATH POINT BEACH CLEAN-UP PRO PURPOSE: SEE ORGANIZATION'S MISSION STMT | $8,710 |