Fountain Valley Community Foundation
- Assets
- $441.3k
- Revenue
- $302.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Fountain Valley, CA
- Founding
- 03/2009
- Data as of
- 06/2022
- EIN
- 80-0178198
Organization Overview
Fountain Valley Community Foundation is located in Fountain Valley, CA. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fountain Valley 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 06/2022, Fountain Valley Community Foundation generated $302.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $242.9k during the year ending 06/2022. While expenses have increased by 13.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
DEVELOP ACTIVITIES AND COMMUNITY EVENTS THAT FOSTER THE PARTICIPATION OF A BROAD BASE OF THE POPULATION, FOCUSING ON EVENTS AND ACTIVITIES THAT WILL BRING THE COMMUNITY TOGETHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP ACTIVITIES AND COMMUNITY EVENTS THAT FOSTER THE PARTICIPATION OF A BROAD BASE OF THE POPULATION, FOCUSING ON EVENTS AND ACTIVITIES THAT WILL BRING THE COMMUNITY TOGETHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prem Balani Past President | Officer | 4 | $0 |
Larry Crandall President | Officer | 2 | $0 |
Rob Frizzelle Secretary | Officer | 4 | $0 |
Tommie Servi Treasurer | Officer | 4 | $0 |
Michael White Director | Trustee | 2 | $0 |
Matt Taylor Director | Trustee | 2 | $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 | $185,843 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $185,843 |
| Total Program Service Revenue | $116,422 |
| Investment income | $65 |
| 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 | $302,330 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $52,842 |
| 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 | $0 |
| 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 | $726 |
| Advertising and promotion | $9,271 |
| Office expenses | $0 |
| 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 | $733 |
| All other expenses | -$1,670 |
| Total functional expenses | $242,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,930 |
| Savings and temporary cash investments | $144,008 |
| Pledges and grants receivable | $114,475 |
| Accounts receivable, net | $3,838 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $441,251 |
| Accounts payable and accrued expenses | $28,870 |
| 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 | $53,996 |
| Total liabilities | $82,866 |
| Net assets without donor restrictions | $105,479 |
| Net assets with donor restrictions | $252,906 |
| 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 | $441,251 |
Grants Awarded
Over the last fiscal year, Fountain Valley Community Foundation has awarded $34,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Fountain Vly, CA PURPOSE: GRANT | $15,000 |
CITY OF FOUNTAIN VALLEY PURPOSE: EVENTS SPONSORSHIP | $13,100 |
Fountain Valley, CA PURPOSE: SPONSORSHIPS | $6,400 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Fountain Valley Community Foundation has recieved totaling $6,316.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $6,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $66 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Neighborhood House Assn San Diego, CA | $20,146,968 | $97,699,697 |
Portable Practical Educational Preparation Inc Tucson, AZ | $20,477,573 | $94,704,086 |
Chicanos Por La Causa Inc Phoenix, AZ | $7,948,599,708 | $121,803,796 |
Sbcs Corporation Chula Vista, CA | $44,117,675 | $87,559,700 |
Bay Area Community Services Inc Oakland, CA | $30,842,402 | $71,014,541 |
United Movement Inc Las Vegas, NV | $7,228,928 | $63,347,968 |
Nevada H A N D Inc Las Vegas, NV | $197,568,857 | $83,930,370 |
Lift To Rise Palm Desert, CA | $10,036,798 | $56,799,508 |
Catholic Charities Of Santa Clara County San Jose, CA | $37,221,303 | $52,659,902 |
Farmlink Project Pacific Palisades, CA | $3,073,736 | $51,204,063 |
Arizonas Children Association Tucson, AZ | $18,515,748 | $50,621,725 |
Catholic Charities Of Los Angeles Los Angeles, CA | $401,651,832 | $56,844,483 |