Inland Futures Foundation Of The San Bernardino Community College
- Assets
- $1.1m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- San Bernardino, CA
- Founding
- 09/2015
- Data as of
- 06/2021
- EIN
- 47-1803579
Organization Overview
Inland Futures Foundation Of The San Bernardino Community College is located in San Bernardino, CA. The organization was established in 2015. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, 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. Inland Futures Foundation Of The San Bernardino Community College 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 06/2021, Inland Futures Foundation Of The San Bernardino Community College generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 74.0% each year . All expenses for the organization totaled $1.7m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE INLAND FUTURES FOUNDATION IS TO DEVELOP RESOURCES AND PHILANTHROPIC SUPPORT FOR THE ADVANCEMENT OF THE ECONOMIC AND WORKFORCE DEVELOPMENT AND STUDENT SUCCESS EFFORTS OF THE SAN BERNARDINO COMMUNITY COLLEGE DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES EMPLOYMENT TRAINING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Galope Secretary | OfficerTrustee | 0.5 | $0 |
Jamail D Carter Vice Chair Resigned 5/15/21 | OfficerTrustee | 0.5 | $0 |
Kristina Hannon Executive Vice Chancellor | OfficerTrustee | 0.5 | $0 |
Jose Torres Treasurer | OfficerTrustee | 0.5 | $0 |
Jessica Alexander President Resigned 5/24/21 | OfficerTrustee | 0.5 | $0 |
Jim Buysse Vice Chancellor | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $684 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,608,749 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,609,433 |
| Total Program Service Revenue | $0 |
| Investment income | $12,382 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $67,388 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,689,203 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,421,067 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $83,404 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $10,533 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $154,409 |
| Total functional expenses | $1,669,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $748,775 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,122 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $321,055 |
| Total assets | $1,071,952 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $802,106 |
| Total liabilities | $802,106 |
| Net assets without donor restrictions | $269,846 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,071,952 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Inland Futures Foundation Of The San Bernardino Community College has recieved totaling $745.
| Awarding Organization | Amount |
|---|---|
Edwards Lifesciences Foundation Irvine, CA PURPOSE: MATCHING GIFTS GRANT | $500 |
Sempra Energy Foundation San Diego, CA PURPOSE: EDUCATION | $240 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Summer Search Oakland, CA | $27,211,830 | $33,940,327 |
Options For All Inc San Diego, CA | $11,651,717 | $19,801,261 |
Central Valley Opportunity Center Winton, CA | $7,895,014 | $14,975,890 |
Urban Corps Of San Diego San Diego, CA | $15,173,777 | $14,300,091 |
Film L A Inc Los Angeles, CA | $20,241,193 | $14,666,382 |
Yuma Private Industry Council Incorporated Yuma, AZ | $2,039,938 | $12,291,085 |
Workforce Development Corporation Southeast Los Angeles County Inc Cerritos, CA | $3,079,206 | $9,291,553 |
Arizona Industries For The Blind Phoenix, AZ | $15,708,519 | $11,232,717 |
Westview Services Inc Anaheim, CA | $43,801,353 | $14,508,917 |
California Indian Manpower Consortium Inc Sacramento, CA | $1,497,620 | $8,173,008 |
Conservation Corps North Bay Inc Novato, CA | $6,777,357 | $8,972,735 |
Solano County Private Industry Council Inc Fairfiled, CA | $1,306,172 | $7,947,127 |