Cbc Foundation
- Assets
- $118.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fremont, CA
- Founding
- 11/2002
- Data as of
- 10/2023
- EIN
- 47-0887809
Organization Overview
Cbc Foundation is located in Fremont, CA. The organization was established in 2002. According to its NTEE Classification (T31) the organization is classified as: Community 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. Cbc 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 10/2023, Cbc Foundation generated $8.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $15.2k during the year ending 10/2023. While expenses have increased by 4.7% 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION SUCCESSFULLY DONATED MORE THAN $8,000 OF DONATION DURING THIS FISCAL YEAR. WE SUCCESSFULLY MADE CONTRIBUTION FOR MORE THAN $14,000 TO MORE THAN ONE CHARITABLE ORGANIZATIONS IN THE LOCAL AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Albert Wang President | 0 | $0 | |
Thomas Tang Treasurer | 0 | $0 | |
Garrett Yee Secretary | 0 | $0 | |
Steve Cho Director | 0 | $0 | |
Dr Herbert Chiu Director | 0 | $0 | |
Simon Chen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,650 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $101 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,751 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25 |
| Total expenses | $15,225 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,869 |
| Other assets | $0 |
| Total assets | $118,869 |
| Total liabilities | $0 |
| Net assets or fund balances | $118,869 |