The Francesa Ronnie Primus Foundation Inc
- Assets
- $509.6k
- Revenue
- $9.7k
- Investments
- $499.8k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 06/1993
- Data as of
- 02/2024
- EIN
- 13-3675567
Organization Overview
The Francesa Ronnie Primus Foundation Inc is located in Los Angeles, CA. The organization was established in 1993. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Francesa Ronnie Primus 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 02/2024, Francesa Ronnie Primus Foundation Inc generated $9.7k 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 (12.7%) each year. All expenses for the organization totaled $8.5k during the year ending 02/2024. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Francesa Ronnie Primus Foundation Inc has awarded 47 individual grants totaling $203,710. 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 |
|---|---|---|---|
Barry Primus Director | 0.25 | $0 | |
Raphaela Rose Primus Director | 0.25 | $0 | |
Julie Arenal Primus Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,281 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,534 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,747 |
| 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 | $2,860 |
| Total operating and administrative expenses | $5,360 |
| Contributions, gifts, grants paid | $3,110 |
| Total expenses and disbursements | $8,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,761 |
| 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 | $475,435 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $509,587 |
| 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, The Francesa Ronnie Primus Foundation Inc has awarded $3,110 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UNICEF PURPOSE: GENERAL PURPOSES-UNRESTRICTED | $1,250 |
PARTNERS FOR PROGRESSIVE ISRAEL PURPOSE: GENERAL PURPOSES-UNRESTRICTED | $360 |
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE PURPOSE: GENERAL PURPOSES-UNRESTRICTED | $500 |
MAUI UNITED WAY PURPOSE: GENERAL PURPOSES-UNRESTRICTED | $500 |
JGIVE-FRIENDS OF ASOR FUND USA PURPOSE: GENERAL PURPOSES-UNRESTRICTED | $500 |