Sdmac Foundation
- Assets
- $21.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 12/2015
- Data as of
- 12/2023
- EIN
- 81-0823681
Organization Overview
Sdmac Foundation is located in San Diego, CA. The organization was established in 2015. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sdmac 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 12/2023, Sdmac Foundation generated $34.9k 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 (16.1%) each year. All expenses for the organization totaled $29.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (16.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Mckearney President | 4 | $0 | |
Gerald Blanton Vice President | 1 | $0 | |
Luz Cordero-Lazott Secretary | 1 | $0 | |
Gloria Mckearney Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,255 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $99 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,572 |
| Other Revenue | $0 |
| Total Revenue | $34,926 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $6,240 |
| Printing, publications, postage, and shipping | $807 |
| Other expenses | $22,794 |
| Total expenses | $29,841 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,170 |
| Other assets | $0 |
| Total assets | $21,170 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,170 |