Lotus Creek Foundation
- Assets
- $0.0
- Revenue
- $20.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 05/2013
- Data as of
- 04/2021
- EIN
- 45-5579746
Organization Overview
Lotus Creek Foundation is located in Los Altos, CA. The organization was established in 2013. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lotus Creek 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 04/2021, Lotus Creek Foundation generated $20.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $21.9k during the year ending 04/2021. 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 |
|---|---|---|---|
Jim Zhao President & CEO | 1 | $0 | |
Ying Liu CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,400 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $9,266 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $17,892 |
| Contributions, gifts, grants paid | $4,000 |
| Total expenses and disbursements | $21,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,882 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,655 |
Grants Awarded
Over the last fiscal year, Lotus Creek Foundation has awarded $4,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UC BERKELEY PURPOSE: DONATION | $1,500 |
CA FIRE FOUNDATION PURPOSE: DONATION | $1,000 |
SUTTER HEALTH PURPOSE: DONATION | $1,000 |
SANTA CLARA COUNTY LIBRARY PURPOSE: DONATION | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bi-Bett Walnut Creek, CA | $8,734,847 | $8,886,262 |
California Foundation For Independent Living Centers Sacramento, CA | $3,702,594 | $8,030,349 |
Community Access Network Non Profit Corporation Corona, CA | $7,199,298 | $6,228,219 |
Elder Care Alliance Alameda, CA | $36,709,405 | $4,507,097 |
Los Angeles Police Foundation Los Angeles, CA | $14,536,566 | $5,939,965 |
Our Little Helpers Inc Los Angeles, CA | $244,623 | $3,613,015 |
Arsolas Distribution Center And Community Services Oakland, CA | $0 | $4,046,289 |
Clatsop Community Action Astoria, OR | $4,439,328 | $4,346,082 |
Varsity Team Inc San Diego, CA | $1,446,243 | $4,030,641 |
Gay And Lesbian Community Center Of Southern Nevada Inc Las Vegas, NV | $5,552,973 | $4,438,307 |
The Mcgrath Family Foundaiton San Diego, CA | $52,533,946 | $3,369,326 |
Shekels Charitable Foundation Los Angeles, CA | $49,162,371 | $7,977,770 |