Proximity Designs
- Assets
- $22.4m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 4
- Location
- South Pasadena, CA
- Founding
- 06/2009
- Data as of
- 06/2022
- EIN
- 26-4382215
Organization Overview
Proximity Designs is located in South Pasadena, CA. The organization was established in 2009. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Proximity Designs employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Proximity Designs 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, Proximity Designs generated $4.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $4.8m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE INCOME AND IMPROVE THE WELL-BEING OF VULNERABLE RURAL FAMILIES IN MYANMAR (BURMA). TO ENABLE SMALL FARM FAMILIES TO ACCESS AND CONTROL WATER AND INCREASE AGRICULTURAL PRODUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED LOW-COST FARM EQUIPMENT AND AGRICULTURAL KNOWLEDGE TO POOR FAMILIES IN VILLAGES IN MYANMAR (BURMA).
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 |
|---|---|---|---|
James D Taylor Director/chief Executive O | OfficerTrustee | 60 | $126,456 |
Debbie Taylor Director | OfficerTrustee | 60 | $126,456 |
Minos Athanassiadis Chairman | Trustee | 1 | $0 |
Ravi Kumar Director | OfficerTrustee | 1 | $0 |
Manju Seal Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $417,999 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,247,092 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,665,091 |
| Total Program Service Revenue | $712,411 |
| Investment income | $29,717 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,495,096 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $269,648 |
| Compensation of current officers, directors, key employees. | $245,138 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,917,493 |
| Pension plan accruals and contributions | $21,600 |
| Other employee benefits | $352,500 |
| Payroll taxes | $77,816 |
| Fees for services: Management | $15,918 |
| Fees for services: Legal | $15,351 |
| Fees for services: Accounting | $32,763 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $147,098 |
| Office expenses | $170,731 |
| Information technology | $22,613 |
| Royalties | $0 |
| Occupancy | $182,228 |
| Travel | $72,723 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,882 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $117,864 |
| Total functional expenses | $4,765,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $328,696 |
| Savings and temporary cash investments | $8,360,905 |
| Pledges and grants receivable | $3,441,111 |
| Accounts receivable, net | $92,488 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $495,139 |
| Prepaid expenses and deferred charges | $101,655 |
| Net Land, buildings, and equipment | $87,846 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $9,451,815 |
| Intangible assets | $17,858 |
| Other assets | $0 |
| Total assets | $22,377,513 |
| Accounts payable and accrued expenses | $251,997 |
| Grants payable | $0 |
| Deferred revenue | $12,381 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $264,378 |
| Net assets without donor restrictions | $13,560,458 |
| Net assets with donor restrictions | $8,552,677 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $22,377,513 |