Aversa Foundation
- Assets
- $798.4k
- Revenue
- $204.9k
- Investments
- $573.4k
- Employees
- 0
- Location
- Granada Hills, CA
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 81-6783257
Organization Overview
Aversa Foundation is located in Granada Hills, CA. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Aversa 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 12/2021, Aversa Foundation generated $204.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $65.8k during the year ending 12/2021. While expenses have increased by 14.4% per year over the past 5 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.
Since 2017, Aversa Foundation has awarded 81 individual grants totaling $208,750. 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.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoria Aversano Trustee | 5 | $0 | |
John Aversano Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $170,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,118 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,744 |
| Capital Gain Net Income | $21,744 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $204,862 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $110 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,642 |
| Total operating and administrative expenses | $11,574 |
| Contributions, gifts, grants paid | $54,250 |
| Total expenses and disbursements | $65,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,211 |
| Savings and temporary cash investments | $17,800 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $9,205 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $798,385 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Aversa Foundation has awarded $54,250 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
LOS ANGELES PHILHARMONIC PURPOSE: GENERAL CHARITABLE USE | $15,000 |
Los Angeles, CA PURPOSE: GENERAL CHARITABLE USE | $7,500 |
THE HUNTINGTON LIBRARY PURPOSE: GENERAL CHARITABLE USE | $5,000 |
REAGAN PRESIDENTIAL LIBRARY PURPOSE: GENERAL CHARITABLE USE | $5,000 |
Los Angeles, CA PURPOSE: GENERAL CHARITABLE USE | $3,000 |
Los Angeles, CA PURPOSE: GENERAL CHARITABLE USE | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |
Ben And Catherine Ivy Foundation Scottsdale, AZ | $302,350,252 | $12,975,372 |