Monster Energy Cares
- Assets
- $209.0k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Corona, CA
- Founding
- 04/2012
- Data as of
- 12/2023
- EIN
- 45-4652012
Organization Overview
Monster Energy Cares is located in Corona, CA. The organization was established in 2012. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monster Energy Cares 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 12/2023, Monster Energy Cares generated $1.2m in total revenue. All expenses for the organization totaled $1.2m during the year ending 12/2023.
Since 2014, Monster Energy Cares has awarded 498 individual grants totaling $2,965,127. 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 |
|---|---|---|---|
Rodney Sacks Director | 0 | $0 | |
Thomas Kelly Secretary/cfo | 0 | $0 | |
Elaine Rogers Director | 0 | $0 | |
Hilton Schlosberg Director | 0 | $0 | |
Norman Smith Director | 0 | $0 | |
Darlene Barrett President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,225,000 |
| Interest on Savings | $0 |
| 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 | $1,225,000 |
| 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 | $1,156 |
| Total operating and administrative expenses | $1,156 |
| Contributions, gifts, grants paid | $1,218,282 |
| Total expenses and disbursements | $1,219,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,047 |
| 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 | $209,047 |
| 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, Monster Energy Cares has awarded $1,218,282 in support to 152 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HUMANE ASSOCIATION PURPOSE: CASH DONATION FOR FUNDRAISING | $100,000 |
SOROPTIMIST INTERNATIONAL OF CORONA PURPOSE: CASH DONATION FOR FUNDRAISING | $12,500 |
THE UCI IRVINE FOUNDATION PURPOSE: CASH DONATION FOR FUNDRAISING | $110,000 |
VETS ON TRACK FOUNDATION PURPOSE: CASH DONATION FOR FUNDRAISING | $5,000 |
IC-ADLA ST STEPHENS CHURCH PURPOSE: EMPLOYEE MATCHING | $500 |
SHEPHERD CHURCH PURPOSE: EMPLOYEE MATCHING | $500 |