Oro Loma Foundation
- Assets
- $472.0k
- Revenue
- $18.5k
- Investments
- $347.4k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-4137715
Organization Overview
Oro Loma Foundation is located in Los Angeles, CA. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oro Loma 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, Oro Loma Foundation generated $18.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (66.8%) each year. All expenses for the organization totaled $82.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12 |
| Dividends & Interest | $7,026 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,465 |
| Capital Gain Net Income | $11,465 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $120 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $2,613 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $82,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,613 |
| Savings and temporary cash investments | $13 |
| 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 | $347,417 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $472,043 |
| 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, Oro Loma Foundation has awarded $80,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ANTHROPOLOGICAL ASSOCIATION PURPOSE: GENERAL CONTRIBUTION | $30,000 |
CENTER FOR INDEPENDENT DOCUMENTARY (CID) PURPOSE: GENERAL CONTRIBUTION | $50,000 |