Glenwood Foundation Inc
- Assets
- $67.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aliso Viejo, CA
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 01-0796325
Organization Overview
Glenwood Foundation Inc is located in Aliso Viejo, CA. The organization was established in 2004. According to its NTEE Classification (O55) the organization is classified as: Youth Development - Religious Leadership, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glenwood Foundation Inc 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, Glenwood Foundation Inc generated $25.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $15.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CLUB PROGRAM SERVICES PROVIDE PHYSICAL, EMTIONAL, EDUCATIONAL AND FINANCIAL SUPPORT TO SPECIAL NEEDS ADULTS THROUGH WEEKLY CLUB ACTIVITIES INCLUDING ARTS AND CRAFTS, GAMES, MUSIC, AND DISCUSSION FOR 60-70 PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tina Sapounakis Director Clu | 10 | $3,994 | |
Edward Horton Jr Chairperson | 7 | $0 | |
Geraldine Cerkovnik Director | 7 | $0 | |
David Law Director | 5 | $0 | |
Nancy Parker President Di | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,942 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,942 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,606 |
| Professional fees and other payments to independent contractors | $1,428 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $236 |
| Other expenses | $3,076 |
| Total expenses | $15,346 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,914 |
| Other assets | $0 |
| Total assets | $67,914 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,914 |
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