Far Away Projects
- Assets
- $838.3k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 6
- Location
- Sacramento, CA
- Founding
- 01/2018
- Data as of
- 12/2022
- EIN
- 82-1917723
Organization Overview
Far Away Projects is located in Sacramento, CA. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Far Away Projects employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Far Away Projects is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT FOR GLOBAL SOCIAL IMPACT PROJECTS AND GRASSROOTS EFFORTS AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAR AWAY PROJECTS CORE PROGRAMMING IS AS A FISCAL SPONSOR & INCUBATOR. WE ARE CUSTOM BUILT TO HOLISTICALLY HELP INITIATIVES AROUND THE WORLD LAUNCH AND SCALE IDEAS. WE SUPPORT THEM WITH FUNDING TOOLS, GOVERNANCE ADVICE, ACCOUNTING, & BEST PRACTICES. WE SERVE AS AN INCUBATOR AND PARTNER, READY TO FOSTER GROWTH TO QUALIFYING, ALIGNED PROJECTS AT ANY STAGE OF THEIR DEVELOPMENT. WE OFFER EXPERIENCED & PROVEN METHODS TO HELP EACH PROJECT ACHIEVE THE MOST SUSTAINABLE, POSITIVE IMPACT TO THEIR RESPECTIVE COMMUNITY OR AREA OF FOCUS. OUR FISCAL SPONSORSHIP HAS HELPED INDIGENOUS COMMUNITIES IN REMOTE PARTS OF BRAZIL SECURE STATE DEPARTMENT FUNDING, ENVIRONMENTAL ADVOCATES LAUCH EXPEDITIONS AND GRASSROOTS PROJECTS IN MARGINALIZED REGIONS OF MEXICO GET CORPORATE FUNDING.
WE RECEIVED A $50,000 GRANT TO GROW OUR TEAM AND EXPAND OUR CAPACITY BUILDING AND OPERATIONAL TRAININGS. AS A RESULT OF THIS FUNDING, WE WERE ABLE TO BRING IN CHARLIE COLEMAN TO CREATE BEST-PRACTICE TRAININGS IN THE FOLLOWING AREAS FOR OUR PROJECT PORTFOLIO; TECH SYSTEM SERVICES, BUDGETING, ACCOUNTING, CONTRACT REVIEW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Desiree Tavera President | OfficerTrustee | 60 | $73,878 |
Annie Coleman Director | Trustee | 40 | $64,722 |
Charlie Coleman Director | Trustee | 30 | $55,830 |
Wanda Denise Jackson | 20 | $45,288 | |
Cody Baker Director | Trustee | 10 | $0 |
Christopher Mackin Treasurer | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $640,223 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $640,223 |
| Total Program Service Revenue | $94,316 |
| Investment income | $18,093 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $654,090 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,406,722 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,642,862 |
| 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. | $73,878 |
| Compensation of current officers, directors, key employees. | $73,878 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $190,869 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,423 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $71,739 |
| Fees for services: Accounting | $18,612 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $29,588 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,827 |
| Advertising and promotion | $20,646 |
| Office expenses | $5,899 |
| Information technology | $18,238 |
| Royalties | $0 |
| Occupancy | $907 |
| Travel | $44,672 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,078 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,929 |
| All other expenses | $3,185 |
| Total functional expenses | $2,246,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,458 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $28,470 |
| Accounts receivable, net | $18,697 |
| 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 | $28,845 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $611,871 |
| Total assets | $838,341 |
| Accounts payable and accrued expenses | $16,831 |
| 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 | $26,300 |
| Other liabilities | $32,738 |
| Total liabilities | $75,869 |
| Net assets without donor restrictions | $524,603 |
| Net assets with donor restrictions | $237,869 |
| 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 | $838,341 |
Grants Awarded
Over the last fiscal year, Far Away Projects has awarded $375,406 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE MUSHROOM FARM | | | $17,313 |
REGENERATIVE FARMS | | | $90,014 |
ESSENTIAL FOOD AND MEDICINE | | | $78,079 |
SUNDIAL FOUNDATION | | | $190,000 |