Crab 5 Foundation Incorporated
- Assets
- $16.3k
- Revenue
- $56.9k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 05/2013
- Data as of
- 12/2022
- EIN
- 45-5223940
Organization Overview
Crab 5 Foundation Incorporated is located in San Francisco, CA. The organization was established in 2013. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crab 5 Foundation Incorporated 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 12/2022, Crab 5 Foundation Incorporated generated $56.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $41.5k during the year ending 12/2022. While expenses have increased by 5.7% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN MARCH OF 2018 THE FOUNDATION HOSTED OUR 1ST ANNUAL CRAB5 KIDS FESTIVAL THAT WAS FREE TO THE COMMUNITY OF DALLAS IN PARTNERSHIP WITH THE CITY OF DALLAS PARKS AND RECREATION DEPARTMENT. THERE WERE 650 KIDS THAT ATTENDED THE EVENT THAT PROVIDED A FUN, FULL DAY OF ACTIVITIES(BOUNCE HOUSES, ART EXPO, DANCE TEAMS, YOUNG KID ARTISTS AND KID DJS, VENDORS, 97.9 THE BEAT RADIO STATION, WILLIAMS CHICKEN, SONIC AND GATTI'S PIZZA.CRAB5 FOUNDATION HOSTED A FREE CAMP AGAIN ON JUNE 2018 AND AT KINCAIDE STADIUM(WHERE, MICHAEL, PLAYED IN 2005), SERVICING OVER 1000 KIDS BETWEEN THE AGES OF 7-17. THERE WERE 25-30 NFL ATHLETES AND MEMBERS OF NIKE JORDAN BRAND IN TOWN TO SUPPORT THE CAMP. CORPORATE PARTNERS ON THIS PAST YEAR - ESSENTIA WATER, K104 RADIO STATION, RAISING CANE'S, 7-ELEVEN, IN-N-OUT BURGER, SUITE KINGS, STAR POWER, JORDAN BRAND, PARK PLACE AND MANY MORE.WATCH "MICHAEL CRABTREE FOOTBALL CAMP 2018" ON YOUTUBE---HTTPS://YOUTUBE/7HWMP4X_BAYIN AUGUST OF 2018 WE HOSTED OUR 1ST ANNUAL BACK TO SCHOOL DRIVE AND GAVE AWAY FREE CRAB5 BACKPACKS TO 250 YOUTH THAT PROVIDED PENCILS, PENS, NOTEBOOKS, SCISSORS, GLUE AND THINGS EVERY KID NEEDED FOR SCHOOL.IN DECEMBER OF 2018 WE HOSTED OUR 2ND ANNUAL TOY GIVEAWAY TO EVERY STUDENT AT LISBON ELEMENTARY SCHOOL WHERE THE A/B HONOR ROLL STUDENTS RECEIVED BIKES(100+), PERFECT ATTENDANCE STUDENTS CHOSE FROM ANY TOY THEY WANTED AND MOST IMPROVED STUDENTS RECEIVED A TOY AS WELL FROM THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Crabtree Sr Founding Dir. | 4 | $0 | |
Michael Crabtree Jr Founding Dir. | 1 | $0 | |
Rodney Baker Director | 4 | $0 | |
Alexandra Stalcup Secty/treas | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,664 |
| 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 | $26,252 |
| Total Revenue | $56,916 |
| 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 | $3,675 |
| Printing and publications | $0 |
| Other expenses | $31,034 |
| Total operating and administrative expenses | $41,500 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $41,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,311 |
| 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 | $16,311 |
| 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 |