Fonri Catholic Center Inc is located in Manhattan Beach, CA. The organization was established in 2004. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fonri Catholic Center 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 12/2021, Fonri Catholic Center Inc generated $7.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $15.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO EDUCATIONAL INSTITUTIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Chow Vice President | 4 | $0 | |
Catherine Horzen President | 4 | $0 | |
Joseph Horzen Treasurer | 4 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $3,367 |
Dividends & Interest | $7,633 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$3,786 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $7,214 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $2,729 |
Total operating and administrative expenses | $2,729 |
Contributions, gifts, grants paid | $13,000 |
Total expenses and disbursements | $15,729 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $91,859 |
Savings and temporary cash investments | $212,026 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $991,497 |
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, Fonri Catholic Center Inc has awarded $13,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
GOOD SHEPARD CATHOLIC SCHOOL PURPOSE: EDUCATIONAL | $6,000 |
ST CHARLES SCHOOL PURPOSE: EDUCATIONAL | $3,000 |
MISSION COLLEGE PREPATORY CATHOLIC HIGH SCHOOL PURPOSE: EDUCATIONAL | $2,000 |
Pocatello, ID PURPOSE: EDUCATIONAL | $1,000 |
Seward, NE PURPOSE: EDUCATIONAL | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |
Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |
Orange Coast College Foundation Costa Mesa, CA | $45,211,375 | $13,270,788 |