Sustainable Communities Fund
- Assets
- $6.0m
- Revenue
- $905.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 07/2008
- Data as of
- 12/2021
- EIN
- 26-1383313
Organization Overview
Sustainable Communities Fund is located in Los Angeles, CA. The organization was established in 2008. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainable Communities Fund 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 12/2021, Sustainable Communities Fund generated $905.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $248.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED TO SUPPORT THE ORGANIZATION'S CURRENT, AND FUTURE PROGRAM RELATED INVESTMENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim La Franchi Chief Operations Officer | 40 | $153,705 | |
Ashlee Barker Secretary | 1 | $0 | |
Kenneth Mayne Treasurer | 1 | $0 | |
Deborah La Franchi Chair & CEO | 1 | $0 | |
Melissa Mcdonald Board Member | 1 | $0 | |
Will Jacobs Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $755,965 |
| Interest on Savings | $5,204 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $500,000 |
| Profit on Inventory Sales | $0 |
| Other Income | $144,681 |
| Total Revenue | $905,850 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $153,705 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $28,974 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $195 |
| Printing and publications | $0 |
| Other expenses | $7,166 |
| Total operating and administrative expenses | $248,241 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $248,241 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $318,461 |
| Savings and temporary cash investments | $2,850,033 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $369,600 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,455,740 |
| Total assets | $5,993,834 |
| Accounts payable and accrued expenses | $179,812 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $179,812 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sustainable Communities Fund has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
Impact Charitable Denver, CO PURPOSE: GENERAL OPERATIONS | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Diego Convention And Tourist Bureau San Diego, CA | $10,248,135 | $28,266,235 |
Cdc Small Business Finance Corp San Diego, CA | $123,395,668 | $31,738,512 |
Mission Economic Development Agency San Francisco, CA | $193,556,070 | $20,206,962 |
San Francisco Travel Association San Francisco, CA | $17,687,275 | $15,738,684 |
Citadel Economic Development Corporation San Bernardino, CA | $7,215,242 | $16,438,545 |
Greater Phoenix Convention & Visitors Bureau Phoenix, AZ | $19,191,750 | $16,242,591 |
Long Beach Area Convention And Visitors Bureau Inc Long Beach, CA | $4,784,571 | $9,189,036 |
San Luis Obispo Visitors & Conference Bureau Incorporated San Luis Obispo, CA | $7,302,521 | $9,818,447 |
Smcu Community Fund Redwood City, CA | $1,513,371 | $6,964,137 |
Maui Economic Development Board Inc Medb Kihei, HI | $10,649,362 | $7,742,311 |
Greater Phoenix Economic Council Phoenix, AZ | $6,926,984 | $7,545,492 |
Santa Monica Travel & Tourism Santa Monica, CA | $2,868,308 | $7,126,411 |