Fcms Foundation Inc
- Assets
- $374.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, CA
- Founding
- 04/2003
- Data as of
- 12/2022
- EIN
- 30-0142554
Organization Overview
Fcms Foundation Inc is located in Lafayette, CA. The organization was established in 2003. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fcms 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 12/2022, Fcms Foundation Inc generated $5.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.8%) each year. All expenses for the organization totaled $3.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (27.7%) per year over the past 5 years. 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
2022
Describe the Organization's Program Activity:
Part 3
PLACED PROMOTIONAL MATERIALS IN MEDICAL JOURNALS AND GALAS TO PROMOTE EDUCATION AND TRAINING FOR HEALTH PROFESSIONALS IN MINORITY HEALTH ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Chiu MD Foundation Pres | 10 | $0 | |
Sun-Hoo Foo MD Trustee | 5 | $0 | |
Victor Chang MD Treasurer | 5 | $0 | |
John Chiu MD Trustee | 5 | $0 | |
Edward Chow MD Trustee | 5 | $0 | |
Fred Nazem Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,145 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,145 |
| 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 | $1,955 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,728 |
| Total expenses | $3,683 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $374,853 |
| Other assets | $0 |
| Total assets | $374,853 |
| Total liabilities | $0 |
| Net assets or fund balances | $374,853 |