Mollys Angels A California Nonprofit Public Benefit Corporati
- Assets
- $468.1k
- Revenue
- $563.1k
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- Data as of
- 12/2022
- EIN
- 86-2554499
Organization Overview
Mollys Angels A California Nonprofit Public Benefit Corporati is located in San Diego, CA. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mollys Angels A California Nonprofit Public Benefit Corporati 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, Mollys Angels A California Nonprofit Public Benefit Corporati generated $563.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 71.2% each year . All expenses for the organization totaled $156.3k during the year ending 12/2022. While expenses have increased by 9.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Mollys Angels A California Nonprofit Public Benefit Corporati has awarded 12 individual grants totaling $230,398. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheila Weinstock President | 2 | $0 | |
Danielle Stephens Vice President | 0.5 | $0 | |
Rebecca Schiff Vice President | 0.5 | $0 | |
Candice Newton Secretary | 2 | $0 | |
Patricia Ochenduszko Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $583,115 |
| Interest on Savings | $10 |
| Dividends & Interest | $524 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$20,556 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $563,093 |
| 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 | $1,419 |
| Other expenses | $8,787 |
| Total operating and administrative expenses | $12,981 |
| Contributions, gifts, grants paid | $143,333 |
| Total expenses and disbursements | $156,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,959 |
| Savings and temporary cash investments | $411,116 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $468,075 |
| 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, Mollys Angels A California Nonprofit Public Benefit Corporati has awarded $138,730 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
MONARCH SCHOOL PURPOSE: SCHOLARSHIPS | $36,600 |
VISTA HILL FOUNDATION PURPOSE: FINANCIAL SUPPORT FOR PROVIDING AN ARRAY OF MENTAL/BEHAVIORAL HEALTH, EDUCATIONAL AND SOCIAL SERVICES FOR FAMILIES AND INVIDIDUALS OF ALL AGES. | $10,000 |
VOICES FOR CHILDREN PURPOSE: FINANCIAL SUPPORT FOR PROVIDING ABUSED, ABANDONED, OR NEGLECTED CHILDREN WITH TRAINED, VOLUNTEER COURT APPOINTED SPECIAL ADVOCATES | $50,980 |
CITY OF HOPE PURPOSE: FINANCIAL SUPPORT FOR CANCER AND DIABETES RESEARCH. | $15,000 |
FOCUSING PHILANTHROPY PURPOSE: FINANCIAL SUPPORT TO VARIOUS CHARITIES OF THE DONORS CHOOSING WITH A DONATION MATCH. THIS CONTRIBUTION WAS ALLOCATED TO VOICES FOR CHILDREN. | $5,000 |
JEWISH FAMILY SERVICE OF SAN DIEGO PURPOSE: FINANCIAL SUPPORT FOR PROVIDING AN ARRAY OF MENTAL/BEHAVIORAL HEALTH, DOMESTIC VIOLENCE, EDUCATIONAL, UNEMPLOYMENT AND SOCIAL SERVICES FOR FAMILIES AND INDIVIDUALS IN THE JEWISH COMMUNITY. | $5,000 |