Fulcrum Initiative Inc
- Assets
- $2.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 03/2015
- Data as of
- 12/2020
- EIN
- 47-1152985
Organization Overview
Fulcrum Initiative Inc is located in Los Angeles, CA. The organization was established in 2015. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fulcrum Initiative Inc 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 12/2020, Fulcrum Initiative Inc generated $13.2k 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 (36.4%) each year. All expenses for the organization totaled $18.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (33.6%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
PROVISION OF 3 TEAM BUILDING COURSES PARTNERING WITH LOCAL MIDDLE SCHOOLS AND GARNERING 30-50 PARTICIPANTS PER COURSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Bourne President | 4 | $0 | |
Ann Marie Martin Treasurer | 5 | $0 | |
Tommy Brewer Director | 0 | $0 | |
Tia Dwyer Director | 0 | $0 | |
David Mcneill Director | 0 | $0 | |
Josie Burger Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,188 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,188 |
| 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 | $2,090 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,475 |
| Total expenses | $18,565 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,946 |
| Other assets | $0 |
| Total assets | $2,946 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,946 |
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