Achieve Foundation Inc
- Assets
- $2.3m
- Revenue
- -$1.1m
- Investments
- $1.9m
- Employees
- 0
- Location
- La Jolla, CA
- Founding
- Data as of
- 12/2023
- EIN
- 84-3138953
Organization Overview
Achieve Foundation Inc is located in La Jolla, CA. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Achieve 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.
Since 2020, Achieve Foundation Inc has awarded 28 individual grants totaling $301,212. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Manish Sheth President | 2 | $0 | |
Shashita R Inamdar Secretary | 2 | $0 | |
Sahil Sheth Treasurer | 2 | $0 | |
Krish Sheth Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $498 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,096,503 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,096,005 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $10,441 |
| Total operating and administrative expenses | $11,496 |
| Contributions, gifts, grants paid | $67,132 |
| Total expenses and disbursements | $78,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $377,951 |
| 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 | $1,924,124 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,302,075 |
| 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 | $68,980 |
| Total liabilities | $68,980 |
Grants Awarded
Over the last fiscal year, Achieve Foundation Inc has awarded $67,132 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
NO SILENCE NO VIOLENCEFEIN 46-49068 PURPOSE: GENERAL DONATION | $5,000 |
UNIVOF SOUTH DAKOTAFEIN 46-0227855 PURPOSE: GENERAL DONATION | $10,000 |
CENTER FOR INNOVATION IN HEALTH TEC PURPOSE: GENERAL DONATION | $1,481 |
YOUNG PHILANTHROPY COUNCIL84-417534 PURPOSE: GENERAL DONATION | $5,000 |
VRAJ PURPOSE: GENERAL DONATION | $151 |
AHAANA PURPOSE: GENERAL OPERATION | $11,000 |