Patriot Oil Community Benefit Tr Of 2002 is located in Granada Hills, CA. The organization was established in 2009. 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. Patriot Oil Community Benefit Tr Of 2002 is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Patriot Oil Community Benefit Tr Of 2002 generated $154.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $77.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Patriot Oil Community Benefit Tr Of 2002 has awarded 43 individual grants totaling $634,441. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF THE POCBT2002 IS TO FUND WORTHY PROJECTS THAT WILL PROTECT, ENHANCE, BEAUTIFY, EDUCATE, REWARD OR BE OF GENERAL BENEFIT TO THE RESIDENTS IN THE AREA WITHIN ITS ESTABLISHED BOUNDARIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICE ACCOMPLISHMENTS 2023 PARKS WE DID NOT FUND ANY MAJOR PROJECTS THIS YEAR FOR THE CITY OF LOS ANGELES RECREATION & PARKS DEPARTMENT (R&P). SCHOOLS (LAUSD) WE DID NOT HAVE ANY REQUESTS, AND DID NOT FUND ANY MAJOR PROJECTS THIS YEAR FOR THE LOCAL SCHOOLS THAT WE SUPPORT WITHIN OUR AREA. COMMUNITY/SAFETY AWARENESS - THE GRANADA HILLS CHAMBER OF COMMERCE BUSINESS IMPROVEMENT DISTRICT WAS OUR MAJOR PROJECT THIS YEAR ASSISTING THEM TO CONTINUE THEIR IMPROVEMENTS ON CHATSWORTH STREET TO MAKE IT MORE ATTRACTIVE AT NIGHT TO RESIDENTS BY FUNDING THE MARKET LIGHT PROJECT. WE PROVIDED FUNDING TO THE DEVONSHIRE VOLUNTEER CITIZENS PATROL FUNDING FOR UNIFORMS AND EQUIPMENT FOR THE USE BY THE LOCAL POLICE VOLUNTEERS AT THE DEVONSHIRE COMMUNITY POLICE STATION. ALSO PROVIDED ADDITIONAL FUNDING AS A DIAMOND SPONSOR FOR THE OKTOBERFEST 2023 FUND RAISING PROJECT BUT LIMITED TO HOPE OF THE VALLEY, M.E.N.D, S.O.L.I.D. V.F.W 2323 ORGANIZATIONS THAT SUPPORT OUR GRANADA HILLS AREA. PROVIDED ADDITIONAL FUNDING TO THE GRANADA HILLS CHAMBER OF COMMERCES STREET FAIRE 2023 AND CONTINUE TO BE A PLATINUM SPONSOR OF THEIR HOLIDAY PARADE 2023 FUNDING JUDGES AND TROPHIES. PROVIDED FUNDING TO THE VETERANS OF FOREIGN WARS (VFW 2323) TO ASSIST IN THE REMODEL OF THEIR PATIO AREA. THIS PROJECT REPRESENTS THE THIRD AND FINAL TRIFECTA OF PROJECTS THAT WE HAVE CONTRIBUTED TO IN PAST YEARS TO INCLUDE REMODELING OF THEIR KITCHEN AREA, AND RE-ROOFING THE BUILDING. ONCE AGAIN WE WERE A PLATINUM SPONSOR FOR NORTH VALLEY YMCAS THANKSGIVING BASKETS 2023 PROGRAM TO ASSIST NEEDY FAMILIES OVER THE HOLIDAY IN THE GRANADA HILLS AREA. MISCELLANEOUS - WE CONTINUED TO ALLOW THE GRANADA HILLS CHAMBER OF COMMERCE TO MAINTAIN A $9,000 FUND IN 2023 TO BE USED SHOULD THE CITY START CHARGING FOR THE COST OF TRAFFIC CONTROL RELATED TO THE HOLIDAY PARADE, WITH OUR GUARANTEE TO REPLENISH THE FUND TO $18,000 FUND SHOULD IT BECOME NECESSARY. WE CONTINUE TO PROVIDE LIMITED FREE STORAGE SPACE AT OUR COMMUNITY STORAGE UNIT FOR ORGANIZATIONS SUCH AS THE VALLEY DISASTER PREPAREDNESS TEAM FOR THEIR CANOPIES, DOCUMENTS AND SUPPLIES, AND DOCUMENTS FOR THE SCL-CAC, WHICH SERVICE OUR TRUSTS AREA, AS WELL AS TO COMMUNITY MEMBERS WHO HAVE LAND USE DOCUMENTS OR LETTERS THAT ARE BEING DISPOSED OF BUT ARE WORTHY OF SAVING FOR POSTERITY. WE ALSO CONTINUE TO LOAN THREE 4-DRAWER FILE CABINETS TO THE GRANADA HILLS NORTH NEIGHBORHOOD COUNCIL. WE ALSO HAVE 13 X 13 AND 10 X 10 POPUP CANOPIES THAT WE LOAN OUT TO ANY LOCAL WORTHY ORGANIZATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Zero Trustee | Trustee | 0.25 | $0 |
Wayde Hunter President | OfficerTrustee | 1 | $0 |
Bill Cotter Trustee | Trustee | 0.25 | $0 |
Meg Volk Trustee | Trustee | 0.25 | $0 |
Ralph Kroy Interm Treas | OfficerTrustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $154,589 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $154,589 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $75,717 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,245 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $77,168 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $624,676 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $624,676 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $624,676 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $624,676 |
Over the last fiscal year, Patriot Oil Community Benefit Tr Of 2002 has awarded $65,717 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
GRANADA HILL CHAMBER OF COMME | | | $10,000 |
GRANADA HILL COMMUNITY FOUNDA | | | $7,500 |
GRANADA HILLS IMPROVEMENT ASC | | | $22,681 |
POCBT2002 BOUNDRIES ORGANIZAT | | | $7,536 |
VST LAPD DEVONSHIRE | | | $8,000 |
VFW 2323 | | | $10,000 |