Claires Place Foundation Inc
- Assets
- $424.1k
- Revenue
- $463.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Redondo Beach, CA
- Founding
- 10/2011
- Data as of
- 12/2021
- EIN
- 45-2453459
Organization Overview
Claires Place Foundation Inc is located in Redondo Beach, CA. The organization was established in 2011. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Claires Place Foundation 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, Claires Place Foundation Inc generated $463.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.9% each year . All expenses for the organization totaled $293.8k during the year ending 12/2021. While expenses have increased by 27.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HELP TO CHILDREN AND YOUNG ADULTS DIAGNOSED WITH CISTIC FIBROSISAND OTHER LIFE THREATENING DISEASES, AS WELL AS THEIR FAMILIES FOR THE PURPOSE OF IMPROVING THEIR QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS FOR RENTS, UTILITIES, MEDICAL INSURANCE AND OTHER NECESSARY EXPENSES.
OUNDATION EVENTS TO MAKE PUBLIC AWARE OF CISTIC FIBROSIS.
NDIVIDUAL AND FAMILY COUNSELING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa J Nordquist Secretary | Officer | 5 | $0 |
Patricia Dixon Treasurer | Officer | 5 | $0 |
Financial Statements
| 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 | $0 |
| 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 | $463,665 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $463,665 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $165,579 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $76,300 |
| Compensation of current officers, directors, key employees. | $76,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,963 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,056 |
| Office expenses | $37,137 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $387 |
| 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 | $3,388 |
| All other expenses | $0 |
| Total functional expenses | $293,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $424,065 |
| 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 | $424,065 |
| 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 | $0 |
| 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 | $424,065 |
| Total liabilities and net assets/fund balances | $424,065 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Claires Place Foundation Inc has recieved totaling $82,357.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $40,100 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $10,439 |
Wayfarer Foundation Highland Park, IL PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Cystic Fibrosis Foundation Bethesda, MD PURPOSE: COMMUNITY IMPACT | $10,000 |
Open Hearts Foundation Westlake Village, CA PURPOSE: TO SUPPORT CHILDREN WITH CYSTIC FIBROSIS AND THEIR FAMILIES ACROSS THE UNITED STATES WITH EXTENDED STAY STIPENDS, MEDICAL SUPPLIES, WORKFORCE DEVELOPMENT RESOURCES, AND EMERGENCY NEEDS DUE TO COVID-19. | $10,000 |
Argonaut Charitable Foundation Los Angeles, CA PURPOSE: QUALIFIED CHARITABLE EXEMPT PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Semper Fi & Americas Fund Oceanside, CA | $37,365,164 | $52,627,529 |
Help Hospitalized Veterans Winchester, CA | $5,249,156 | $13,775,551 |
Ronald Mcdonald House Charities Of Southern California Los Angeles, CA | $114,215,026 | $22,501,510 |
Aids Services Foundation Orange County Irvine, CA | $3,937,446 | $10,804,360 |
Ronald Mcdonald House Charities-Bay Area Palo Alto, CA | $100,940,678 | $7,132,244 |
Make A Wish Foundation Of Arizona Inc Scottsdale, AZ | $12,914,940 | $7,684,963 |
Friends Of Children With Special Needs Fremont, CA | $25,367,213 | $10,631,161 |
Ronald Mcdonald House Charities Of San Diego Inc San Diego, CA | $40,995,448 | $7,714,085 |
Ronald Mcdonald House Charities Portland, OR | $20,525,159 | $7,205,295 |
Family House Inc San Francisco, CA | $9,247,596 | $8,472,433 |
Southern Regional Resource Center San Diego, CA | $2,161,254 | $4,910,895 |
Make-A-Wish Northeastern & Central California And Northern Nevada Sacramento, CA | $9,635,263 | $6,223,674 |