Eastbridge Foundation
- Assets
- $53.5k
- Revenue
- $20.7k
- Investments
- $39.4k
- Employees
- 0
- Location
- Langhorne, PA
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 82-3707482
Organization Overview
Eastbridge Foundation is located in Langhorne, PA. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Eastbridge 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, Eastbridge Foundation generated $20.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $17.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ADVANCE EQUITY IN HEALTH, EDUCATIONAL & CAREERS FOR DISADVANTAGED INDIVIDUALS & IMMIGRANTS BY PROVIDING DIRECT SERVICES AND ACCESS TO EDUCATIONAL TOOLS & PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chuen L Yee Board Member, Treas/sec'y | 10 | $0 | |
Benjamin Eng Board Member, President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,262 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,101 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$647 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,716 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,985 |
| Printing and publications | $0 |
| Other expenses | $6,360 |
| Total operating and administrative expenses | $11,777 |
| Contributions, gifts, grants paid | $5,385 |
| Total expenses and disbursements | $17,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,028 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $53,467 |
| 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, Eastbridge Foundation has awarded $5,385 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ASIAN PACIFIC ISLAND AMERICAN HEALTH FORUM PURPOSE: GENERAL | $100 |
CHINESE AMERICAN PLANNING COUNCIL PURPOSE: GENERAL | $2,169 |
CHINATOWN HEALTH CLINIC FOUNDATION PURPOSE: GENERAL | $2,010 |
NORTHSTAR FUND PURPOSE: GENERAL | $380 |
STOP AAPI HATE PURPOSE: GENERAL | $26 |
PARENT CHILD RELATIONSHIP ASSOC PURPOSE: GENERAL | $700 |