Power To Soar Foundation
- Assets
- $88.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Novato, CA
- Founding
- 09/2015
- Data as of
- 12/2021
- EIN
- 47-4727706
Organization Overview
Power To Soar Foundation is located in Novato, CA. The organization was established in 2015. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Power To Soar 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 12/2021, Power To Soar Foundation generated $63.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $44.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
A FOUNDATION DEDICATED TO EMPOWER ORPHAN AND FOSTER KIDS BY PROVIDING EDUCATIONAL GRANTS TO HELPS KIDS COMPLETE HIGH SCHOOL AND COLLEGE EDUCATION SUCCESSFULLY. IN ADDITION, TO SUPPORT BOARDING, LODGING AND OTHER NEEDS SUCH THAT KIDS FOCUS ON EDUCATION AND PLAY TO A SUCCESSFUL AND PRODUCTIVE LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Olson Secretary | 0 | $0 | |
Vimal Srivastava President | 0 | $0 | |
Eric Ortman Director | 0 | $0 | |
Anis Khan Director | 0 | $0 | |
Shalini Nigam Vice Preside | 0 | $0 | |
Ramesh Seivastava Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,888 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,888 |
| 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 | $3,175 |
| Total expenses | $43,965 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,148 |
| Other assets | $0 |
| Total assets | $88,148 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,148 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Power To Soar Foundation has recieved totaling $6,508.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,334 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $74 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tlc Child & Family Services Sebastopol, CA | $10,600,685 | $10,323,976 |
Dangerfield Institute Of Urban Problems Los Angeles, CA | $3,593,786 | $8,030,981 |
Greater Hope Foundation For Children Victorville, CA | $2,132,490 | $8,882,753 |
United Friends Of The Children Los Angeles, CA | $10,288,799 | $8,333,326 |
Northern California Youth And Family Program Chico, CA | $5,156,104 | $6,849,745 |
Kern Bridges Youth Homes Bakersfield, CA | $3,513,705 | $6,543,127 |
Creative Solutions For Kids & Families Inc Moreno Valley, CA | $2,485,684 | $6,327,028 |
Parents By Choice Inc Stockton, CA | $3,088,771 | $6,027,593 |
Golden State Family Services Inc Kingburg, CA | $3,243,723 | $6,191,728 |
Ark Homes Foster Family Agency Rancho Cucamonga, CA | $1,832,919 | $5,771,156 |
Specialized Alternatives For Families And Youth Of Nevada Inc Las Vegas, NV | $548,680 | $5,348,345 |
Transitions Childrens Services Fresno, CA | $2,611,564 | $4,944,469 |