Loomis Basin Education Foundation
- Assets
- $180.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Loomis, CA
- Founding
- 11/2008
- Data as of
- 06/2022
- EIN
- 26-0218866
Organization Overview
Loomis Basin Education Foundation is located in Loomis, CA. The organization was established in 2008. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loomis Basin Education 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, Loomis Basin Education Foundation generated $30.3k 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 (7.6%) each year. All expenses for the organization totaled $10.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (20.4%) per year over the past 7 years. 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
THE FOUNDATION (LBEF) WORKS TO RAISE FUNDS THROUGH COMMUNITY INVOLVEMENT AND PROVIDE FINANCIAL SUPPORT TO 2,855 STUDENTS THAT ATTEND VARIOUS LOOMIS UNION SCHOOL DISTRICT SCHOOLS. LBEF ACHIEVES THIS MISSION THROUGH GRANT AWARDS THAT ARE USED TO SUPPORT NEW TECHNOLOGY, SCIENCE AND/OR VISUAL AND PERFORMING ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Vidales Vice President | 2 | $0 | |
Christy Cisneros Treasurer | 2 | $0 | |
Tatyana Kjellberg Secretary | 2 | $0 | |
Erika Sloane Director | 2 | $0 | |
Name Not Listed Volunteer Director | 2 | $0 | |
Elizabeth Larkin VP Of Marketing & Communications | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,595 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,868 |
| Other Revenue | $794 |
| Total Revenue | $30,264 |
| 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 | $3,073 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,042 |
| Other expenses | $6,537 |
| Total expenses | $10,652 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $178,322 |
| Other assets | $0 |
| Total assets | $180,822 |
| Total liabilities | $0 |
| Net assets or fund balances | $180,822 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Loomis Basin Education Foundation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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