The Giving Spirit
- Assets
- $1.0m
- Revenue
- $804.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/2002
- Data as of
- 12/2022
- EIN
- 61-1405121
Organization Overview
The Giving Spirit is located in Los Angeles, CA. The organization was established in 2002. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Giving Spirit 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, Giving Spirit generated $804.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GIVING SPIRIT'S MISSION IS TWOFOLD. FIRST TO PROVIDE IMMEDIATE TANGIBLE HELP TO HOMELESS LIVES IN GREATER LOS ANGELES BY PROCURING FOR ASSEMBLING TOGETHER AND PERSONALLY GIVING OUT SURVIVAL KITS CONTAINING ESSENTIAL ITEMS FOR LIVING INCLUDING FOOD HYDRATING DRINKS FRUIT TOILETRIES HYGIENE KITS PPE CLOTHING WEATHER PROTECTION AND MORE. OUR SECOND MISSION IS TO INFORM ENGAGE AND EDUCATE THROUGH VARIOUS PLATFORMS OUR VOLUNTEERS MEMBERS OF LOCAL COMMUNITIES IN GREATER LOS ANGELES AND BEYOND ABOUT THE HUMAN FACE OF HOMELESSNESS THE MYTHS AND REALITIES OF HOMELESSNESS AND THAT WORKABLE SOLUTIONS TO ALLEVIATE AND ULTIMATELY END HOMELESSNESS ARISE FROM COMMUNITY INVOLVEMENT KNOWLEDGE RECOGNIZING THE DIGNITY OF ALL INDIVIDUALS AND OUR COMMON HUMANITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021 THE GIVING SPIRIT AGAIN ADAPTED ITS MODEL TO THE CHANGES BROUGHT ABOUT BY THE PANDEMIC. INSTEAD OF HOLDING PUBLIC AND PRIVATE EVENTS TO PRODUCE EDUCATIONAL PROGRAMS AND KITS UNDER ITS UMBRELLA OF HOMELESS OUTREACH PROGRAMS DUFFLE BAG AND BACKPACK HOMELESS OUTREACH WOMEN'S AND GIRLS INITIATIVE BACKPACKS AND SCHOOL SUPPLIES FOR LAUSD HOMELESS STUDENTS HOMELESS WITH COMPANION ANIMALS PROGRAM AND NEW MOTHER PROGRAM THE GIVING SPIRIT HELD SMALLER EVENTS WITH FEWER VOLUNTEERS FOLLOWING NATIONAL STATE AND LOCAL HEALTH GUIDELINES TO SERVE 9,325 HOMELESS LIVES IN 2021 WITH DISTRIBUTION SAFELY HANDLED THROUGH OUR AGENCY PARTNERS IN GREATER LOS ANGELES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Bagamane Ceo Chairman | OfficerTrustee | 40 | $0 |
Dawn Ferry Director | Trustee | 2 | $0 |
Garrett Jameson Director | Trustee | 2 | $0 |
Tim Ingram Operations Director Secretary Treasurer | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,016 |
| All other contributions, gifts, grants, and similar amounts not included above | $848,523 |
| Noncash contributions included in lines 1a–1f | $235,033 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $868,539 |
| Total Program Service Revenue | $0 |
| Investment income | -$52,770 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,943 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $804,826 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $474,603 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $208,793 |
| Compensation of current officers, directors, key employees. | $69,277 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $133,754 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $6,500 |
| Fees for services: Legal | $2,896 |
| Fees for services: Accounting | $18,763 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,000 |
| Advertising and promotion | $62,112 |
| Office expenses | $9,632 |
| Information technology | $5,923 |
| Royalties | $0 |
| Occupancy | $22,809 |
| 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 | $19,616 |
| All other expenses | $0 |
| Total functional expenses | $1,017,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,333 |
| Savings and temporary cash investments | $10,467 |
| Pledges and grants receivable | $116,258 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $98,405 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $557,888 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $8,525 |
| Other assets | $2,510 |
| Total assets | $1,001,386 |
| Accounts payable and accrued expenses | $16,299 |
| 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 | $0 |
| Total liabilities | $16,299 |
| Net assets without donor restrictions | $985,087 |
| 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 | $1,001,386 |