California Charitable Foundation is located in Laguna Beach, CA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Charitable 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 12/2022, California Charitable Foundation generated $1.2k 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 (31.7%) each year. All expenses for the organization totaled $1.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mohannad S Malas President | 2 | $0 | |
Rana Malas Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $12 |
Dividends & Interest | $1,969 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$784 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,197 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $62 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,312 |
Total operating and administrative expenses | $1,374 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $1,374 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $9,001 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $109,100 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $118,101 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, California Charitable Foundation has awarded $14,517 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
SYSTEMS FOR HUMAN EMPOWERMENT PURPOSE: DONATION OF BLANKETS TO BE DISTRIBUTED TO THE HOMELESS IN LOS ANGELES, CA AS PART OF AN EVENT HOSTED BY MASJID IBAADILLAH AND SYSTEMS FOR HUMAN EMPOWERMENT DBA ILM FOUNDATION. | $4,517 |
IL MUSLIM CIVIC COALITION PURPOSE: COLLABORATE AND AMPLIFY SOCIAL AND CIVIC EFFORTS TOWARDS AN EQUITABLE AND REPRESENTATIVE AMERICA AND EMPOWER THE VOICES OF MARGINALIZED AND OFTEN INVISIBLE COMMUNITIES. | $10,000 |