Cloudbase Foundation Inc
- Assets
- $52.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madisonville, LA
- Founding
- 06/2010
- Data as of
- 12/2023
- EIN
- 27-1359927
Organization Overview
Cloudbase Foundation Inc is located in Madisonville, LA. The organization was established in 2010. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cloudbase Foundation Inc 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, Cloudbase Foundation Inc generated $104.8k 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 (16.6%) each year. All expenses for the organization totaled $146.6k 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 Program Activity:
Part 3
THE CLOUDBASE FOUNDATION WORKS WITH COMMUNITIES WHERE WE FLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Shapiro Founding Board Member | 5 | $0 | |
Cj Brockway President | 5 | $0 | |
Matt Cone Board Member | 5 | $0 | |
Patrick Joyce Treasurer | 5 | $0 | |
Jeff O'brian Board Member | 5 | $0 | |
Cherise Tuttle Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,578 |
| Total Program Service Revenue | $13,606 |
| Membership dues | $0 |
| Investment income | $570 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,754 |
| 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 | $1,545 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,592 |
| Total expenses | $146,600 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,989 |
| Other assets | $0 |
| Total assets | $51,989 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,989 |
Grants Awarded
Over the last fiscal year, Cloudbase Foundation Inc has awarded $280,811 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ECUADOR EARTHQUAKE RELIEF PURPOSE: EARTHQUAKE RELIEF | $10,000 |
HAITI GARDEN PROJECT PURPOSE: SUSTAINABLE GARDENS | $8,500 |
KARMAFLIGHTS NEPAL PURPOSE: EDUCATION FOR NEPAL CHILDREN | $251,400 |
ONE SKY PROJECT PURPOSE: INCREASE PUBLIC KNOWLEDGE OF LOCAL NON PROFIT ORGANIZATIONS INCREASE PUBLIC KNOWLEDGE OF LOCAL NONPROFIT ORGANIZATIONS | $10,911 |