Sutter Yuba Community Foundation is located in Yuba City, CA. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sutter Yuba Community 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, Sutter Yuba Community Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 52.6% each year . All expenses for the organization totaled $49.2k during the year ending 12/2022. While expenses have increased by 2.1% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE GIVING FOR THE BETTERMENT OF OUR COMMUNITY. TO BE THE PREFERRED AVENUE FOR DONORS, PRPOFESSIONAL ADVISORS AND OTHERS INTERESTED IN ENHANCING PHILANTHROPY IN SUTTER AND YUBA COUNTIES AND SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SUTTER YUBA COMMUNITY FOUNDATION IS PROUD TO SUPPORT THE CONTINUING EDUCATION EFFORTS OF THE STUDENTS IN OUR AREA. THROUGH THE GENEROUS DONATIONS OF LOCAL PHILANTHROPIC INDIVIDUALS AND ORGANIZATIONS, WE OFFER SEVERAL SCHOLARSHIP OPTIONS FOR APPLICANTS TO CHOOSE FROM EACH WITH UNIQUE QUALIFIERS AND BENEFITS. SCHOLARSHIPS INCLUDE POST-SECONDARY EDUCATION AND TRAINING PROGRAMS INCLUDING AWARDS FOR COLLEGE OR UNIVERSITY, ACCREDITED TECHNICAL, TRADE SCHOOL OR CERTIFICATED PROGRAMS. AWARDS ARE ALSO AVAILABLE TO ASSIST WITH THE COST OF UNION INITIATION FEES, FIRST YEAR UNION DUES, TOOLS, BOOKS, PROTECTIVE EQUIPMENT, ETC
GRANTS AWARDED TO ORGANIZATIONS WITH FOUR CHARACTERISTICS: AN ACTIVE BOARD OF DIRECTORS, SOUND FINANCIAL MANAGEMENT, DEMONSTRATED ABILITY TO CARRY OUT THE PROPOSED PROJECT, AND RECOGNITION BY THE INTERNAL REVENUE SERVICE AS A 501(C)(3) CHARITABLE ORGANIZATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sarb Khangura Director | Trustee | 1 | $0 |
Harjiwan Chatha Director | Trustee | 1 | $0 |
Stacia Mccroskey Director | Trustee | 1 | $0 |
Mike Ziegenmeyer Director | Trustee | 1 | $0 |
Linda Protine Director | Trustee | 1 | $0 |
Rick Rhody Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,101,967 |
Noncash contributions included in lines 1a–1f | $1,029,265 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,101,967 |
Total Program Service Revenue | $0 |
Investment income | -$25,159 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $32,224 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,109,032 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $11,578 |
Grants and other assistance to domestic individuals. | $33,500 |
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 | $0 |
Fees for services: Accounting | $2,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,115 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $230 |
Information technology | $0 |
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 | $650 |
All other expenses | $0 |
Total functional expenses | $49,248 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $154,175 |
Savings and temporary cash investments | $30,482 |
Pledges and grants receivable | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,022,766 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,207,423 |
Accounts payable and accrued expenses | $12,544 |
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 | $12,544 |
Net assets without donor restrictions | $1,194,879 |
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 | $1,207,423 |