Collectivesun Foundation
- Assets
- $153.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-0723497
Organization Overview
Collectivesun Foundation is located in San Diego, CA. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Collectivesun 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 12/2022, Collectivesun Foundation generated $70.8k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $71.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 3 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION RAISES FUNDS IN THE FORM OF DONATIONS AND GRANTS FROM U.S. BASED PHILANTHROPIC INDIVIDUALS AND ORGANIZATIONS. RAISED FUNDS ARE TO BE DEPLOYED ON AN ONGOING BASIS AS GRANTS TO U.S. BASED 501C3 EXEMPT ORGANIZATIONS DEVELOPING CLIMATE-FRIENDLY CAPITAL PROJECTS THAT SUPPORT THE RECIPIENT ORGANIZATION'S EXEMPT PURPOSE EITHER DIRECTLY OR INDIRECTLY THROUGH INDIRECT BENEFITS. POTENTIAL PROJECTS TO BE SUPPORTED INCLUDE, BUT ARE NOT LIMITED TO, SOLAR POWER INSTALLATIONS, ELECTRIC VEHICLE CHARGING PORT INSTALLATIONS, BUILDING ELECTRICAL EFFICIENCY UPGRADES, ETC.
Describe the Organization's Program Activity:
Part 3
PROVIDED GRANTS TO COVER UP-FRONT COSTS IN CONVERTING FACILITIES TO SOLAR POWER TO SAN YSIDRO HEALTH COMMUNITY SERIVCES, INC., NON-PROFIT COMMUNITY HEALTH CLINICS.
PROVIDED GRANTS TO COVER UP-FRONT COSTS IN CONVERTING FACILITIES TO SOLAR POWER TO SAN DIEGO CENTER FOR CHILDREN, A NON-PROFIT THAT PROMOTES THE MENTAL HEALTH AND WELL-BEING OF CHILDREN.
PROVIDED GRANTS TO COVER UP-FRONT COSTS IN CONVERTING FACILITIES TO SOLAR POWER TO SAN DIEGO HABITAT FOR HUMANITY, A NON-PROFIT BUILDING HOMES TO PROVIDE AFFORDABLE HOUSING AND SAFE HOMES TO LOW INCOME AND HISTORICALLY UNDERSERVED FAMILIES.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,825 |
| 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 | $70,825 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $104 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $193 |
| Total expenses | $71,122 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153 |
| Other assets | $0 |
| Total assets | $153 |
| Total liabilities | $0 |
| Net assets or fund balances | $153 |
Grants Awarded
Over the last fiscal year, Collectivesun Foundation has awarded $403,429 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BARRIO LOGAN COLLEGE INSTITUT | | | $9,888 |
SAN DIEGO CENTER FOR CHILDREN | | | $59,578 |
SAN DIEGO HABITAT FOR HUMANIT | | | $32,653 |
SAN YSIDRO HEALTH COMMUNITY S | | | $301,310 |