Evolve Foundation International
- Assets
- $6.4m
- Revenue
- $6.3m
- Investments
- $6.3m
- Employees
- 0
- Location
- San Rafael, CA
- Founding
- Data as of
- 12/2021
- EIN
- 86-1954947
Organization Overview
Evolve Foundation International is located in San Rafael, CA. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, 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. Evolve Foundation International is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND CONTRIBUTE TO EVOLVING HUMAN CONSCIOUSNESS AND AWAKENING OF TRUE NATURE IN HUMAN FORM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INVESTING IN TOOLS AND/OR PROGRAMS THAT ALLOW PEOPLE TO ACCESS DEEPER LEVELS OF LOVE, JOY, PEACE, AND FREEDOM.
PROMOTING A SYSTEM THAT ENABLES BUSINESS TO DELIVER GOODS AND SERVICES TO ECONOMICALLY DISADVANTAGED INDIVIDUALS AT PRICES BELOW WHAT THEY CHARGE TO THE GENERAL PUBLIC.
BUILD A SCALABLE PLATFORM FOR WIDESPREAD SHARING OF DIGITAL INFORMATION TO EMPOWER COMMUNITIES OF PEOPLE IN POVERTY WITH ACTIONABLE STEPS TOWARD CREATING SUSTAINABLE SOURCES OF INCOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bo Shao Chairman | OfficerTrustee | 5 | $0 |
Oleg Gorelik Treasurer/secretary/vice Chairman | OfficerTrustee | 5 | $0 |
Jenny Pao Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,320,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,320,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,320,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $375,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,530 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,460 |
| Advertising and promotion | $0 |
| Office expenses | $515 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $383,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,999 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $25,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $6,266,104 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,385,103 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $6,385,103 |
| Total liabilities and net assets/fund balances | $6,385,103 |
Grants Awarded
Over the last fiscal year, Evolve Foundation International has awarded $375,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BERKELEY CENTER FOR SCIENCE OF PSYCHEDELICS PURPOSE: GENERAL OPERATING SUPPORT | $110,000 |
Washington, DC PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
Woodacre, CA PURPOSE: GENERAL OPERATING SUPPORT | $75,000 |
Tucson, AZ PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
Oakland, CA PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Santa Fe, NM PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Veterans Initiative Los Angeles, CA | $32,025,369 | $76,804,139 |
Info Line Of San Diego County San Diego, CA | $9,107,197 | $22,038,260 |
Mountain Shadows Support Group San Marcos, CA | $26,697,621 | $20,031,802 |
Regional Task Force On The Homeless Inc San Diego, CA | $15,091,904 | $18,439,880 |
Friends Of Tavarua Buellton, CA | $880,613 | $12,480,036 |
Fleming & Barnes Pls Vrds Pnsl, CA | $2,999,486 | $8,310,675 |
S T A R-Stand Together And Recover Centers Inc Phoenix, AZ | $2,420,391 | $5,183,120 |
Center For Individual And Family Therapy Santa Ana, CA | $970,962 | $4,778,086 |
Life Steps Foundation Inc Los Angeles, CA | $11,505,717 | $4,524,528 |
Desert Ridge Community Association Scottsdale, AZ | $3,543,697 | $3,296,119 |
Hospital Quality Institute Sacramento, CA | $3,614,502 | $3,942,442 |
Interfaith Ministries Of Greater Modesto Inc Modesto, CA | $643,275 | $3,221,923 |