Loomis Basin Education Foundation
- Assets
- $195.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Loomis, CA
- Founding
- 11/2008
- Data as of
- 06/2023
- 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 06/2023, Loomis Basin Education Foundation generated $78.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $63.7k during the year ending 06/2023. While expenses have increased by 2.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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 Program Activity:
Part 3
THE FOUNDATION (LBEF) WORKS TO RAISE FUNDS THROUGH COMMUNITY INVOLVEMENT AND PROVIDE FINANCIAL SUPPORT TO 2,889 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 |
|---|---|---|---|
Mindy Mohlenbrok President | 2 | $0 | |
Jessica Vidales Vice President | 2 | $0 | |
Christy Cisneros Treasurer | 2 | $0 | |
Tatyana Kjellberg Secretary | 2 | $0 | |
Elizabeth Larkin VP Of Marketing & Communications | 2 | $0 | |
Name Not Listed Volunteer Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,249 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $71 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $64,949 |
| Other Revenue | $727 |
| Total Revenue | $77,996 |
| 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 | $2,775 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,243 |
| Other expenses | $5,202 |
| Total expenses | $63,720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,078 |
| Other assets | $0 |
| Total assets | $195,098 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,098 |