Addiego Foundation
- Assets
- $13.8m
- Revenue
- $414.3k
- Investments
- $13.8m
- Employees
- 0
- Location
- Hillsborough, CA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 45-3757954
Organization Overview
Addiego Foundation is located in Hillsborough, CA. The organization was established in 2014. According to its NTEE Classification (Q01) the organization is classified as: Alliances & Advocacy, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Addiego 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 12/2021, Addiego Foundation generated $414.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $500.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ginetto Addiego President & CEO | 4 | $0 | |
Joseph Addiego CFO | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $64,638 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,592 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $354,256 |
| Total Revenue | $414,302 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $500,000 |
| Total expenses and disbursements | $500,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $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 | $13,824,500 |
| 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, Addiego Foundation has awarded $101,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SECOND HARVEST FOOD BANK PURPOSE: PROVIDE FOOD TO THOSE IN THE LOCAL COMMUNITY THAT NEED ASSISTANCE | $100,000 |
Concord, CA PURPOSE: PROVIDE ASSISTAMCE TO YOUTH AND SPORTS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Israel Emergency Alliance Los Angeles, CA | $25,985,989 | $23,212,771 |
Alliance For Global Justice Tucson, AZ | $9,437,755 | $10,660,919 |
Rural California Broadcasting Corp Krcb-Tv Channel 22 Rohnert Park, CA | $88,009,918 | $7,181,993 |
Center For Third World Organizing Oakland, CA | $1,917,474 | $5,551,245 |
Women Cross Dmz Honolulu, HI | $406,023 | $698,513 |
One Apia Nevada Las Vegas, NV | $348,643 | $585,257 |
Addiego Foundation Hillsborough, CA | $13,824,500 | $414,302 |
Earth Ways Foundation Inc Malibu, CA | $10,718,434 | $278,548 |
Israeli American Nexus Woodland Hills, CA | $1,202,154 | $38 |
International Aid For Korean Animals Oakland, CA | $689,328 | $37,688 |
Naretoi Marina del Rey, CA | $23,391 | $0 |
Alliance To Stop Slavery And End Trafficking Malibu, CA | $42,551 | $0 |