Rclco Foundation Inc
- Assets
- $491.4k
- Revenue
- $59.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 03/2018
- Data as of
- 12/2022
- EIN
- 82-4466856
Organization Overview
Rclco Foundation Inc is located in Los Angeles, CA. The organization was established in 2018. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rclco Foundation Inc 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 12/2022, Rclco Foundation Inc generated $59.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $22.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gadi Kaufmann Chairman | 0.4 | $0 | |
Adam Ducker Secretary/director | 0.5 | $0 | |
Michelle Clark Treasurer | 1 | $0 | |
Cecilia Galliani Director | 0 | $0 | |
Kelly Mangold Director | 0 | $0 | |
Andrew Janko Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $58,982 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $58,982 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $912 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14 |
| Total operating and administrative expenses | $926 |
| Contributions, gifts, grants paid | $21,298 |
| Total expenses and disbursements | $22,224 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $491,396 |
| 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 | $491,396 |
| 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, Rclco Foundation Inc has awarded $21,298 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: TO SUPPORT CHARITABLE PROGRAMS | $180 |
ATLANTA LAND TRUST PURPOSE: TO SUPPORT CHARITABLE PROGRAMS | $100 |
BACK ON MY FEET PURPOSE: TO SUPPORT CHARITABLE PROGRAMS | $200 |
BETHESDA CARES PURPOSE: TO SUPPORT CHARITABLE PROGRAMS | $300 |
BROOKLYN COMMUNITY HOUSING AND SERVICES PURPOSE: TO SUPPORT CHARITABLE PROGRAMS | $1,500 |
CALVARY WOMEN'S SERVICES PURPOSE: TO SUPPORT CHARITABLE PROGRAMS | $1,000 |