Scrapbook Royalty Inc
- Assets
- $5.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Marcos, CA
- Founding
- 08/2008
- Data as of
- 12/2022
- EIN
- 20-8864245
Organization Overview
Scrapbook Royalty Inc is located in San Marcos, CA. The organization was established in 2008. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Scrapbook Royalty 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 12/2022, Scrapbook Royalty Inc generated $5.7k 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 (34.8%) each year. All expenses for the organization totaled $24.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
IN 2022 CHARITY WINGS' CONTINUED TO WORK WITH THE SAN DIEGO COUNTY FAIR HOME MADE EXHIBIT TO PROVIDE DAILY CREATIVITY SESSIONS FOR THE COMMUNITY. DURING THE 27 DAY FAIR WE HOSTED 4 SESSIONS PER DAY AND SERVED AN AVERAGE OF 40 PEOPLE PER SESSION PROVIDING A CREATIVE BREAK TO APPROXIMATELY 4320 PEOPLE. WE WERE ABLE TO USE THE COMMUNITY AND SPONSOR DONATED MATERIALS THAT WE HAD IN STORAGE MAKING THIS A WIN-WIN FOR THE COMMUNITY AND OUR SUPPLIES THAT WERE STARTING TO EXPIRE DUE TO THE LOCK DOWN. OUR ARTFORWARD, PAY-IT-FORWARD PROGRAM, HOSTED TWO MORE SERIES AND ART RECEPTIONS TO BENEFIT OCEANSIDE HOMELESS RESOURCES AND ARE BEGINNING WORK ON OUR NEXT SERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elena Liu Executive Dir. | 8 | $0 | |
Jennifer Cushman Director | 0.4 | $0 | |
Sarah Han Secretary | 1.5 | $0 | |
Carol Farrar Director | 0.2 | $0 | |
Ivan Derezin Treasurer | 0.2 | $0 | |
Kinberly Deverell Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,070 |
| Total Program Service Revenue | $3,599 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,670 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,411 |
| Occupancy, rent, utilities, and maintenance | $4,208 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,860 |
| Total expenses | $24,156 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,393 |
| Other assets | $0 |
| Total assets | $5,357 |
| Total liabilities | $1,251 |
| Net assets or fund balances | $4,106 |