Albion 12 Foundation
- Assets
- $156.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 12/2015
- Data as of
- 12/2022
- EIN
- 47-4630618
Organization Overview
Albion 12 Foundation is located in San Diego, CA. The organization was established in 2015. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albion 12 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, Albion 12 Foundation generated $47.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $44.3k during the year ending 12/2022. While expenses have increased by 12.5% per year over the past 4 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
ALBION 12 FOUNDATION HELPS CHILDREN UNABLE TO AFFORD YOUTH SOCCER, CREATE LIFE AND LEADERSHIP PROGRAMMING, AND SUPPORT COLLEGE PLACEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Bier Board Member | 1 | $0 | |
John Mckaveney Secretary, CFO | 10 | $0 | |
Noah Gins Board Member | 5 | $0 | |
Tim Bauman Board Member | 1 | $0 | |
Cari Maasaad Board Member | 1 | $0 | |
Valerie Berg Executive Director | 5 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,300 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,637 |
| Other Revenue | $500 |
| Total Revenue | $47,437 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,000 |
| Professional fees and other payments to independent contractors | $5,428 |
| Occupancy, rent, utilities, and maintenance | $8,654 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,006 |
| Total expenses | $44,251 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,146 |
| Other assets | $0 |
| Total assets | $156,761 |
| Total liabilities | $0 |
| Net assets or fund balances | $156,761 |