Rob Machado Foundation
- Assets
- $348.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 11/2006
- Data as of
- 12/2023
- EIN
- 22-3902362
Organization Overview
Rob Machado Foundation is located in Los Angeles, CA. The organization was established in 2006. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. Rob Machado 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 12/2023, Rob Machado Foundation generated $132.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $176.7k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE AND EMPOWER YOUNG PEOPLE TO MAKE SUSTAINABLE CHOICES.
Describe the Organization's Program Activity:
Part 3
CLEAN WATER & REDUCING SINGLE-USE PLASTIC - THE ROB MACHADO FOUNDATION (RMF) PROVIDES WATER-FILLING STATIONS TO SCHOOLS AND PUBLIC SPACES AND TEMPORARY WATER STATIONS AT MAJOR MUSIC EVENTS, PROVIDING CLEAN WATER WHILE ELIMINATING SINGLE-USE PLASTIC WATER BOTTLES. IN 2022, RMF PROVIDED WATER REFILL STATIONS AT 5 LOCAL AREA EVENTS (CAMP SHRED, BRO-AM, X GAMES, OHANA FESTIVAL AND CITY OF ENCINITAS OKTOBERFEST) AIDING IN DIVERTING OVER 40K SINGLE PLASTIC BOTTLES FROM LANDFILLS. ADDITIONALLY WE HAVE DONATED 10K REUSABLE WATER BOTTLES TO NATIONAL CITY AND ESCONDIDO SCHOOL DISTRICTS.
TRASH AND RECYCLING - RMF PROVIDES TRASH AND RECYCLING SOLUTIONS AT BEACHES, SCHOOLS, AND SURF EVENTS TO PROTECT WATERWAYS AND SAVE RECYCLABLES FROM ENTERING LANDFILLS. RMF HOSTS SAN DIEGO BEACH CLEANUPS THAT ACTIVATE HUNDREDS OF VOLUNTEERS (ADULTS AND KIDS) ANNUALLY TO REMOVE TRASH FROM PUBLIC BEACHES AND WATERWAYS. IN 2022 OUR MONTHLY BEACH CLEANS UP RESULTED IN THE REMOVAL OF 539LBS OF PLASTIC WASTE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justine Chiara Executive Director | 35 | $82,400 | |
Rob Machado Co-Founder | 3 | $0 | |
Carolyn Whitehouse Secretary | 3 | $0 | |
Thad Benshoof Director | 2 | $0 | |
Pat Magnarella Director (until 03/15/23) | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,467 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $332 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,799 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $82,400 |
| Professional fees and other payments to independent contractors | $19,628 |
| Occupancy, rent, utilities, and maintenance | $816 |
| Printing, publications, postage, and shipping | $186 |
| Other expenses | $73,697 |
| Total expenses | $176,727 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $348,628 |
| Other assets | $0 |
| Total assets | $348,789 |
| Total liabilities | $619 |
| Net assets or fund balances | $348,170 |