Evergreen Fund
- Assets
- $301.9k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 2
- Location
- Los Angeles, CA
- Founding
- 09/2005
- Data as of
- 12/2021
- EIN
- 20-3198550
Organization Overview
Evergreen Fund is located in Los Angeles, CA. The organization was established in 2005. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Evergreen Fund employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Evergreen Fund 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, Evergreen Fund generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.9% each year . All expenses for the organization totaled $2.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR VISION IS TO SUPPORT AND CAPITALIZE ON THE MIRACULOUS TRANSFORMATION THATOCCURS FOR ALCOHOLICS AND ADDICTS WHO FIND RECOVERY. OUR GOAL IS TO BREAK THE CYCLE OF DEPENDENCE ON ADDICTS FAMILIES, FRIENDS AND SOCIETY BY CREATING BUSINESS OPPORTUNITIES AND EDUCATING INDIVIDUALS WITHIN THE RECOVERY COMMUNITY. WE REQUIRE THAT OUR SERVICES AND PROGRAMS BE USED TO FURTHER OUR PURPOSES OF PROVIDING JOBS, IMPROVING PRODUCTIVITY, AND PREVENTING OR TREATING INDIVIDUALS AFFECTED BY ALCOHOLISM, DRUG ADDICTION AND OTHER ADDICTIVE DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SOBER HOUSING, MENTAL HEALTH SERVICES, PEER COUNSELING, AND COMPANION SERVICES. PROVIDE JOB TRAINING, CAREER MENTORSHIP, ENTREPRENEURSHIP EDUCATION, BUSINESS NETWORKING,JOB PLACEMENT, AND SUPPORTED WORK ENVIRONMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Shohet President | Officer | 40 | $100,000 |
Bernadine Fried Director | Trustee | 30 | $35,690 |
Michael Raskin Secretary | Officer | 4 | $0 |
Markus Van Loan Chief Tech Officer | 5 | $0 | |
Liliann Van Loan Controller | 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 | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $1,799,015 |
| 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 | $1,809,015 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $135,690 |
| Compensation of current officers, directors, key employees. | $50,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $543,607 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $58,779 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $7,420 |
| Royalties | $0 |
| Occupancy | $271,028 |
| Travel | $8,778 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,304 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,429 |
| Insurance | $3,838 |
| All other expenses | $172,301 |
| Total functional expenses | $2,380,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,017 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $162,149 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $20,900 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $15,784 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,000 |
| Total assets | $301,850 |
| 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 | $418,886 |
| Other liabilities | $517,603 |
| Total liabilities | $936,489 |
| 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 | -$634,639 |
| Total liabilities and net assets/fund balances | $301,850 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Evergreen Fund has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Marin Community Foundation Novato, CA PURPOSE: PROVIDE GENERAL OPERATING SUPPORT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Willamette Family Inc Eugene, OR | $9,936,358 | $17,281,124 |
Community Forward Sf Inc San Francisco, CA | $6,271,153 | $15,020,976 |
Akal Institute Rancho Santa Fe, CA | $13,061,239 | -$14,891,940 |
Pathway Society Inc San Jose, CA | $4,503,717 | $11,804,425 |
Asian American Drug Abuse Program Inc Los Angeles, CA | $15,481,925 | $11,973,947 |
Janus Of Santa Cruz Santa Cruz, CA | $8,464,769 | $11,638,721 |
Phoenix House Orange County Inc Lake View Terrace, CA | $856,497 | $10,197,370 |
Achieve Human Services Inc Yuma, AZ | $9,003,454 | $8,454,866 |
Heritage Clinic And The Community Assistance Program For Seniors Pasadena, CA | $5,901,994 | $9,949,064 |
Options Recovery Services Berkeley, CA | $10,152,415 | $8,230,541 |
Bridgeway Recovery Services Inc Salem, OR | $15,260,262 | $15,856,011 |
On Track Medford, OR | $19,592,596 | $8,301,392 |