Sabores Well
- Assets
- $161.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Redwood City, CA
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 32-0483300
Organization Overview
Sabores Well is located in Redwood City, CA. The organization was established in 2016. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Sabores Well 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, Sabores Well generated $93.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $43.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
REFURBISHED WELL #1, INSTALLED TWO NEW SOLAR TOWERS, TWO WATER METERS, AND CEMENT ENCLOSURES FOR THE WATER METERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sabore Ole Oyie Co-Founder | 5 | $0 | |
Eshan Gupta Director | 5 | $0 | |
M Therese Hjelm CEO & Co-Founder | 5 | $0 | |
Martine Bolsens Director | 5 | $0 | |
Jeff Chow Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,390 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,390 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $2,129 |
| Printing, publications, postage, and shipping | $393 |
| Other expenses | $39,502 |
| Total expenses | $43,844 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,168 |
| Other assets | $0 |
| Total assets | $161,449 |
| Total liabilities | $0 |
| Net assets or fund balances | $161,449 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Sabores Well has recieved totaling $42,462.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $14,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $13,500 |
American Endowment Foundation Hudson, OH PURPOSE: COMMUNITY DEVELOPMENT | $8,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,450 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Downtown Santa Monica Inc Santa Monica, CA | $4,897,203 | $9,308,728 |
Resources For Community Development Berkeley, CA | $93,266,557 | $6,994,658 |
Lake Wildwood Association Penn Valley, CA | $30,720,187 | $8,953,678 |
Antelope Valley Partners For Health Lancaster, CA | $4,220,936 | $10,090,239 |
Community Vision Capital & Consulting San Francisco, CA | $118,645,783 | $20,656,685 |
Hacienda Community Development Corporation Portland, OR | $42,129,547 | $14,753,048 |
Powerswitch Action Oakland, CA | $19,442,233 | $13,398,955 |
Downtown Center Business Improvement District Inc Los Angeles, CA | $1,747,827 | $7,519,589 |
Underground Service Alert Of Northern California And Nevada Concord, CA | $6,010,381 | $7,617,174 |
Community Action Agency Of Butte County Inc Chico, CA | $5,886,657 | $7,635,979 |
Las Sendas Community Association Scottsdale, AZ | $18,217,968 | $6,434,720 |
Union Square Business Improvement District San Francisco, CA | $3,440,343 | $7,353,306 |