Economic Alliance Foundation
- Assets
- $140.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Maria, CA
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 46-4034010
Organization Overview
Economic Alliance Foundation is located in Santa Maria, CA. The organization was established in 2014. According to its NTEE Classification (J19) the organization is classified as: Support N.E.C., under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economic Alliance 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 12/2022, Economic Alliance Foundation generated $152.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $193.5k during the year ending 12/2022. While expenses have increased by 35.7% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CONVENED COMMUNITY MEMBERS ACROSS VARIOUS ECONOMIC SEGMENTS TO ADDRESS ISSUES RELATED TO ECONOMIC DEVELOPMENT AND VITALITY INCLUDING WEBINARS AND SUMMIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Cohen President | 5 | $0 | |
Patrice Mosby VP Governance | 1 | $0 | |
Phil Adam VP Finance | 1 | $0 | |
Philip Tabyanan VP Fund Development | 1 | $0 | |
Maribel Aguilera Board Member | 1 | $0 | |
Steve Grieg Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,596 |
| Total Program Service Revenue | $25,550 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,093 |
| Other Revenue | $500 |
| Total Revenue | $152,739 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $132,122 |
| Occupancy, rent, utilities, and maintenance | $138 |
| Printing, publications, postage, and shipping | $3,471 |
| Other expenses | $57,804 |
| Total expenses | $193,535 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,657 |
| Other assets | $0 |
| Total assets | $140,122 |
| Total liabilities | $92,477 |
| Net assets or fund balances | $47,645 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Economic Alliance Foundation has recieved totaling $5,826.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,826 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Democracy At Work Institute San Francisco, CA | $1,780,176 | $3,753,107 |
Nevada Battle Born Growth Escalator Inc Carson City, NV | $4,649,999 | $1,971,748 |
Fuerza Educational Coalition Oakland, CA | $93,289 | $298,750 |
Economic Alliance Foundation Santa Maria, CA | $140,122 | $0 |
New Gateway Solutions Corporation Chula Vista, CA | $34,427 | $0 |
Silicon Valley Savannah San Jose, CA | $0 | $0 |
California Champions For Charity Redlands, CA | $0 | $0 |
Public Employees Union Local One Building Association Concord, CA | $1,593,924 | $7,433 |