Maximum Difference Foundation
- Assets
- $222.4k
- Revenue
- $251.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 01/2007
- Data as of
- 12/2020
- EIN
- 33-1127669
Organization Overview
Maximum Difference Foundation is located in Los Angeles, CA. The organization was established in 2007. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maximum Difference 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 12/2020, Maximum Difference Foundation generated $251.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $276.5k during the year ending 12/2020. While expenses have increased by 5.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Maximum Difference Foundation has awarded 166 individual grants totaling $2,021,235. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shirin Amin Sectretary | 0.12 | $0 | |
Mahmood Amin President | 2 | $0 | |
Parvin Kermani Board Member | 0.12 | $0 | |
Rosella DE Laza CFO | 1.38 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $251,350 |
| Interest on Savings | $14 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $251,364 |
| 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 | $3,162 |
| Total operating and administrative expenses | $4,437 |
| Contributions, gifts, grants paid | $272,025 |
| Total expenses and disbursements | $276,462 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,651 |
| Savings and temporary cash investments | $0 |
| 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 | $57,512 |
| 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 | $217 |
| Total assets | $222,380 |
| 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 |
Grants Awarded
Over the last fiscal year, Maximum Difference Foundation has awarded $272,025 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: TO SUPPORT SCHOLARSHIP PROGRAM | $100,000 |
FARHANG FOUNDATION PURPOSE: GENERAL SUPPORT | $47,500 |
Washington, DC PURPOSE: PUBLIC SUPPORT | $25,000 |
North Bethesda, MD PURPOSE: GENERAL SUPPORT | $20,000 |
El Cerrito, CA PURPOSE: GENERAL SUPPORT | $15,000 |
IRANIAN AMERICAN MEDICAL ASSOCIATION PURPOSE: GENERAL SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregon Child Development Coalition Inc Wilsonville, OR | $28,783,372 | $65,489,891 |
Lafrontera Center Inc Tucson, AZ | $29,946,918 | $41,083,974 |
Jewish Family Service Of San Diego San Diego, CA | $73,669,402 | $44,946,146 |
Irco Portland, OR | $15,349,691 | $38,248,192 |
Immigrant Legal Resource Center San Francisco, CA | $41,145,285 | $25,991,729 |
Latino Network Portland, OR | $14,141,237 | $24,219,823 |
International Institute Of Los Angeles Los Angeles, CA | $9,181,850 | $14,413,283 |
United American Indian Involvement Los Angeles, CA | $19,669,304 | $14,688,054 |
Koreatown Youth And Community Center Inc Los Angeles, CA | $5,959,356 | $13,191,369 |
The Fresno Center Fresno, CA | $5,685,334 | $12,082,399 |
Latino Center For Prevention & Action In Health & Welfare Santa Ana, CA | $6,603,881 | $11,325,815 |
Alu Like Inc Honolulu, HI | $2,290,492 | $9,028,851 |