El Faro Aid For Hope
- Assets
- $15.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Elsinore, CA
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-4371571
Organization Overview
El Faro Aid For Hope is located in Lake Elsinore, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. El Faro Aid For Hope 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, El Faro Aid For Hope generated $100.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $92.0k during the year ending 12/2021. While expenses have increased by 12.0% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FEED CHILDREN LIVING IN IMPROVERISHED AREASENSURE THESE SAME CHILDREN HAVE ACCESS TO SCHOOLS, SCHOOL SUPPLIES AND TEACHERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ramiro Rivas Treasurer | 2 | $0 | |
Jose Aceituno Sr President | 2 | $0 | |
Carlos Bermejo Vice President | 2 | $0 | |
Veronica Aceituno Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,700 |
| 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 | $100,700 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,033 |
| Professional fees and other payments to independent contractors | $900 |
| Occupancy, rent, utilities, and maintenance | $10,230 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,857 |
| Total expenses | $92,020 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,583 |
| Other assets | $0 |
| Total assets | $15,583 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,583 |
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