Epicenter Foundation is located in Santa Ana, CA. 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. Epicenter 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, Epicenter Foundation generated $159.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $143.2k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
IN 2021, EPICENTER WAS ABLE TO REACH MORE THAN 1,000 UNDERSERVED FAMILIES THROUGH OUR MONTHLY FIRST-TIME HOMEBUYER & FINANCIAL LITERACY EDUCATION WORKSHOPS, WHICH WERE HELD EITHER ONLINE OR IN-PERSON.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Yunjung Choi Chairman | 3 | $0 | |
Courtney Williams Secretary | 3 | $0 | |
Mark Louis Rowley Treasurer | 3 | $0 | |
Jin Sung CEO | 40 | $24,000 | |
Nora Penaflor COO | 40 | $37,208 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,000 |
| Total Program Service Revenue | $694 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $159,694 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $107,126 |
| Professional fees and other payments to independent contractors | $4,348 |
| Occupancy, rent, utilities, and maintenance | $11,085 |
| Printing, publications, postage, and shipping | $904 |
| Other expenses | $15,871 |
| Total expenses | $143,183 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,650 |
| Other assets | $0 |
| Total assets | $88,650 |
| Total liabilities | $1,032 |
| Net assets or fund balances | $87,618 |