Ten Thousand Villages South Bay is located in Redondo Beach, CA. The organization was established in 2014. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 03/2022, Ten Thousand Villages South Bay employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ten Thousand Villages South Bay 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 03/2022, Ten Thousand Villages South Bay generated $205.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $197.2k during the year ending 03/2022. While expenses have increased by 1.4% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE OPPORTUNITIES FOR ARTISANS IN DEVELOPING COUNTRIES TO EARN INCOME BY BRINGING THEIR PRODUCTS AND STORIES TO OUR MARKETS THROUGH LONG-TERM FAIR-TRADING RELATIONSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BROUGHT AWARENESS TO ISSUES OF FAIR TRADE THROUGH PRODUCTS AND STORIES FROM ARTISANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Hoffarth Vice-Chair | OfficerTrustee | 2 | $0 |
Rhonda Hoffarth Director | OfficerTrustee | 2 | $0 |
Cindy Asher Secretary | OfficerTrustee | 10 | $0 |
Beatriz Jimenez-Sanz Treasurer | OfficerTrustee | 4 | $0 |
Paul Jacoby Board Chair | OfficerTrustee | 0 | $0 |
Karla Devine Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $26,949 |
All other contributions, gifts, grants, and similar amounts not included above | $4,279 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $31,228 |
Total Program Service Revenue | $0 |
Investment income | $52 |
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 | $174,533 |
Miscellaneous Revenue | $0 |
Total Revenue | $205,813 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $87,036 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,204 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,505 |
Advertising and promotion | $7,458 |
Office expenses | $10,586 |
Information technology | $2,962 |
Royalties | $0 |
Occupancy | $49,492 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,136 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,970 |
Insurance | $7,653 |
All other expenses | $576 |
Total functional expenses | $197,168 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $219,254 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,694 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $99,873 |
Prepaid expenses and deferred charges | $1,932 |
Net Land, buildings, and equipment | $18,185 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $580 |
Other assets | $2,700 |
Total assets | $348,218 |
Accounts payable and accrued expenses | $56,759 |
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 | $98,091 |
Total liabilities | $154,850 |
Net assets without donor restrictions | $193,368 |
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 | $348,218 |
Over the last fiscal year, we have identified 1 grants that Ten Thousand Villages South Bay has recieved totaling $152.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $152 |
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