New Angeles Charitable Foundation
- Assets
- $199.9k
- Revenue
- $77.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 02/2008
- Data as of
- 12/2023
- EIN
- 87-6284879
Organization Overview
New Angeles Charitable Foundation is located in Los Angeles, CA. The organization was established in 2008. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. New Angeles Charitable 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, New Angeles Charitable Foundation generated $77.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $92.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, New Angeles Charitable Foundation has awarded 53 individual grants totaling $510,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $70,000 |
| Interest on Savings | $7,668 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $77,668 |
| 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 | $75 |
| Total operating and administrative expenses | $2,575 |
| Contributions, gifts, grants paid | $89,800 |
| Total expenses and disbursements | $92,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $199,929 |
| 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 | $199,929 |
| 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, New Angeles Charitable Foundation has awarded $89,800 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF YESHIVA MEAH SHEARIM INC PURPOSE: CHARITABLE | $1,800 |
BEIS MEDRASH OF HANCOCK PARK PURPOSE: CHARITABLE | $14,000 |
AMER FRIENDS OF YESHIVA TORAS MOSHE PURPOSE: CHARITABLE | $5,000 |
CONGREGATION AND YESHIVA BETH HILLEL PURPOSE: CHARITABLE | $30,000 |
KOLLEL YECHIEL YEHUDAH PURPOSE: CHARITABLE | $12,000 |
YESHIVA GEDOLAH OF LOS ANGELES PURPOSE: CHARITABLE | $9,000 |