Sacred Harvest Foundation
- Assets
- $7.6m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 3
- Location
- Costa Mesa, CA
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 30-0118912
Organization Overview
Sacred Harvest Foundation is located in Costa Mesa, CA. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Sacred Harvest Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sacred Harvest 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 12/2023, Sacred Harvest Foundation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TRAINING AND SUPPORT OF CHRISTIAN ORGANIZATIONS AND LEADERS IN ORANGE COUNTY, CA; MAUI, HI; MINDANAO, PHILIPPINES, ALONG WITH MAKING GRANTS IN ORGANIZATIONS IN THOSE COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SACRED HARVEST FOUNDATION PROVIDED THE FOLLOWING IN GRANTS: $3,132,845 ACROSS 32 ORGANIZATIONS AROUND THE WORLD EXCLUDING THE PHILIPPINES. IN THE PHILIPPINES, SACRED HARVEST FUNDED 14 ORGANIZATIONS WITH $671,834 FOR A COMBINED TOTAL OF $3,804,679. IN ADDITION, SACRED HARVEST ASSISTED NONPROFITS IN THE UNITED STATES AND PHILIPPINES. IN ORANGE COUNTY, SACRED HARVEST COACHED 8 ORGANIZATIONS IN CAPABILITY AND CAPACITY BUILDING FOR THEIR ORGANIZATION. IN THE PHILIPPINES, WE FACILITATED 3 RETREATS HIGHLIGHTING MENTAL HEALTH IN MINISTRY, LEADERSHIP AND HOW TO DEAL WITH CRISIS. IN ADDITION, WE WORKED WITH 22 ORGANIZATIONS ON SUBJECTS RANGING FROM FINANCIAL MANAGEMENT, STRATEGIC PLANNING, GOVERNANCE, AND COMPLIANCE. FINALLY, WE WORKED WITH 28 CHURCHES IN SMALL GROUP TRAINING AND DISTRIBUTED OVER 400 BIBLES.THE ORGANIZATION MAINTAINS A DONOR ADVISED FUND, OVER WHICH IT HAS FULL AUTHORITY TO MAKE RECOMMENDATIONS, FROM WHICH IT MAKES REGULAR GRANTS TO THE 501(C)(3) CHARITIES THAT IT SUPPORTS. AT LEAST ANNUALLY THE BOARD OF DIRECTORS MEETS TO REVIEW THE PAST YEAR'S RESULTS OF SUCH CHARITIES, BUT ALSO TO APPROVE GRANTS FOR TH COMING YEAR. 99% OF OUR GRANTS ARE MADE VIA OUR DAF AT THE NATIONAL CHRISTIAN FOUNDATION, IT'S SUPPORTED ORGANIZATION. IN 2023, THE PRINCIPALS OF THE FOUNDATION CONTRIBUTED $4,100,000 TO THE FOUNDATIONS ACCOUNTS AT NCF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Komanapalli Vice President | 40 | $91,639 | |
Steven L Perry Dir/secty/treas | OfficerTrustee | 15 | $0 |
Susan J Perry President | OfficerTrustee | 1 | $0 |
David Worland Director | Trustee | 1 | $0 |
Brett Trowbridge Director | Trustee | 8 | $0 |
Glenn Parrish Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,100,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,050 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,104,050 |
| Total Program Service Revenue | $0 |
| Investment income | $82,165 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$75,202 |
| Net Gain/Loss on Asset Sales | $321,603 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,236 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,431,380 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,025,875 |
| 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. | $206,639 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,568 |
| Pension plan accruals and contributions | $18,707 |
| Other employee benefits | $60,248 |
| Payroll taxes | $9,708 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $639 |
| Fees for services: Accounting | $3,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $53,443 |
| Fees for services: Other | $10,747 |
| Advertising and promotion | $0 |
| Office expenses | $7,576 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,543 |
| Travel | $118,373 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,945 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $81,073 |
| All other expenses | $62,085 |
| Total functional expenses | $2,191,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,394 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,871 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,742,725 |
| Investments—publicly traded securities | $4,746,023 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,632,013 |
| Accounts payable and accrued expenses | $1,079 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1 |
| Total liabilities | $1,080 |
| Net assets without donor restrictions | $7,630,933 |
| Net assets with donor restrictions | $0 |
| 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 | $7,632,013 |
Grants Awarded
Over the last fiscal year, Sacred Harvest Foundation has awarded $1,025,725 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHARITABLE VENTURES | | | $25,725 |
NATIONAL CHRISTIAN CHARITABLE PURPOSE: Supported Organization | $1,000,000 |