Oro Loma Foundation
- Assets
- $536.2k
- Revenue
- $123.3k
- Investments
- $408.9k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2021
- 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 12/2021, Oro Loma Foundation generated $123.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (50.7%) each year. All expenses for the organization totaled $87.1k during the year ending 12/2021. 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 | $114,351 |
| Interest on Savings | $1 |
| Dividends & Interest | $8,721 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $217 |
| Capital Gain Net Income | $217 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $123,290 |
| 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 | $58 |
| Total operating and administrative expenses | $7,138 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $87,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,213 |
| Savings and temporary cash investments | $20,013 |
| 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 | $408,927 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $536,153 |
| 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 |
|---|---|
Newton, MA PURPOSE: GENERAL CONTRIBUTION | $50,000 |
Arlington, VA PURPOSE: GENERAL CONTRIBUTION | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sierra Educational Advancement Corporation Valencia, CA | $2,438,956 | $5,700,199 |
Bethel School Of Technology Redding, CA | $1,032,039 | $5,145,995 |
Kyiv School Of Economics Oakland, CA | $2,958,400 | $4,507,691 |
Bay Area Educational Institute Berkeley, CA | $4,013,827 | $3,524,642 |
Alliance Jack H Skirball Middle School Los Angeles, CA | $0 | $2,902,385 |
Jpr Foundation Inc Ashland, OR | $13,253,862 | $3,425,593 |
Bring On The Music Inc Santa Monica, CA | $7,874,888 | $1,064,025 |
His University Corona, CA | $1,997,539 | $2,498,930 |
Oregon Alliance Of Independent Colleges And Universities Tualatin, OR | $2,285,598 | $1,314,323 |
Naccu Fn Phoenix, AZ | $966,307 | $1,014,092 |
Intercultural Institute Of California San Francisco, CA | $433,803 | $853,964 |
Pathways College Inc Pasadena, CA | $3,146,340 | $3,705,567 |