Fundamental Change
- Assets
- $218.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 10/2018
- Data as of
- 12/2020
- EIN
- 82-3584845
Organization Overview
Fundamental Change is located in Los Angeles, CA. The organization was established in 2018. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fundamental Change 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 12/2020, Fundamental Change generated $89.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (51.3%) each year. All expenses for the organization totaled $100.7k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
HOSTED SYMPOSIUMS AND COMMUNITY EVENTS PROMOTING AWARENESS OF MENTAL HEALTH ISSUES AND PROVIDING RESOURCES FOR SUICIDE PREVENTION; SUPPORT ORGANIZATIONS THAT PROVIDE MENTAL HEALTH SERVICES TO MEMBERS OF THE COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Padilla President | 2 | $0 | |
Carol Alvarado Secretary | 2 | $0 | |
Xavier Velazquez Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,180 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,180 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,538 |
| Professional fees and other payments to independent contractors | $15,480 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9,295 |
| Other expenses | $24,658 |
| Total expenses | $100,721 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $218,768 |
| Other assets | $0 |
| Total assets | $218,768 |
| Total liabilities | $0 |
| Net assets or fund balances | $218,768 |
Grants Awarded
Over the last fiscal year, Fundamental Change has awarded $43,200 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ANDRES Y MARIA CARDENAS FAMILY FOUNDATION PURPOSE: SPONSORSHIP | $5,700 |
HILLVIEW MENTAL HEALTH CENTER INC PURPOSE: SPONSORSHIP | $25,000 |
MEND PURPOSE: SPONSORSHIP | $12,500 |