Kare Foundation
- Assets
- $26.8m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Arcadia, CA
- Founding
- 01/2008
- Data as of
- 06/2022
- EIN
- 20-4927605
Organization Overview
Kare Foundation is located in Arcadia, CA. The organization was established in 2008. According to its NTEE Classification (N01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kare 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 06/2022, Kare Foundation generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $2.0m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
KARE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF AND SUPPORT OF THE PROGRAMS AND ACTIVITIES OF THE KARE YOUTH LEAGUE, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION EXEMPT UNDER IRC SECT 501(C)(3).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS FORMED FOR THE BENEFIT OF AND SUPPORT OF THE PROGRAMS AND ACTIVITIES OF KARE YOUTH LEAGUE (E.I.N. 95-1869644), A 501(C)(3) ORGANIZATION
THE ORGANIZATION WAS FORMED FOR THE BENEFIT OF AND SUPPORT OF THE PROGRAMS AND ACTIVITIES OF KARE YOUTH LEAGUE (E.I.N. 95-1869644), A 501(C)(3) ORGANIZATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David C Horton President | OfficerTrustee | 1 | $0 |
Jay L Lammers Secretary | Officer | 1 | $0 |
Randall Fullerton CFO | Officer | 1 | $0 |
John G Bolinger Vice President | Officer | 1 | $0 |
Randy Johnson Executive Dir. | Officer | 1 | $0 |
John Martin Board Member | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $626,145 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$291 |
| Net Gain/Loss on Asset Sales | $2,602,074 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,227,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,991,500 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,991,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,144 |
| Savings and temporary cash investments | $330,564 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $26,492,401 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,829,109 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $26,829,109 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $26,829,109 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ncga Foundation Monterey, CA | $11,075,488 | $5,801,909 |
Southwest Section Of The Pga Scottsdale, AZ | $2,058,989 | $2,125,203 |
Kare Foundation Arcadia, CA | $26,829,109 | $3,227,928 |
Northern California Section Pga Of America Vacaville, CA | $713,120 | $1,848,369 |
Oregon Golf Association Woodburn, OR | $6,154,320 | $2,413,736 |
San Ramon Valley Sports Alliance Danville, CA | $622,876 | $101,535 |
Pfa Strong Foundation Montclair, CA | $20,645 | $380,779 |
Everwalk Los Angeles, CA | $314,732 | $630,753 |
Redding Trail Alliance Inc Redding, CA | $395,084 | $426,695 |
Oregon Logging Conference Eugene, OR | $801,959 | $212,253 |
Safari Club International Tucson, AZ | $44,957 | $180,958 |
Oregon Timber Trail Alliance Portland, OR | $91,719 | $0 |