Mayen Foundation Inc
- Assets
- $97.2k
- Revenue
- $17.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Chino Hills, CA
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 61-1614856
Organization Overview
Mayen Foundation Inc is located in Chino Hills, CA. The organization was established in 2011. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mayen Foundation Inc 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, Mayen Foundation Inc generated $17.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 42.7% each year . All expenses for the organization totaled $1.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL DONATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Milli Arakawa President | 3 | $0 | |
Andrew Zinser Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,425 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,425 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $750 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $1,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,420 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $33,738 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $97,158 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mayen Foundation Inc has awarded $33,322 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CATALYST CHURCH PURPOSE: CHURCH DONATION | $19,600 |
HANDS ON TOKYO PURPOSE: SPECIAL PROGRAM | $7,867 |
Eastvale, CA PURPOSE: CHURCH DONATIO | $3,600 |
ANAHEIM CITY SCHOOL DISTRICT PURPOSE: HOMERUN HEROES PROGRAM | $2,255 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mayen Foundation Inc has recieved totaling $23,500.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $23,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Associated Students Of California State University Sacramento Sacramento, CA | $14,200,718 | $8,069,770 |
Spartan Shops Inc San Jose, CA | $18,843,295 | $4,519,374 |
Associated Students Of San Jose State University San Jose, CA | $17,759,184 | $9,442,445 |
Associated Students California State University Northridge, CA | $14,084,003 | $8,900,841 |
Sobrato Early Academic Language Program Milpitas, CA | $5,995,539 | $10,223,383 |
Treasures 4 Teachers Inc Tempe, AZ | $906,225 | $6,117,568 |
Associated Students Of The University Of Calif At Berkeley Berkeley, CA | $18,955,091 | $5,130,902 |
Summit Leadership-High Desert Hesperia, CA | $3,143,536 | $5,042,457 |
Santos Manuel Student Union Of Ca State Univ San Bernardino San Bernardino, CA | $7,868,233 | $6,217,008 |
University-Student Union Board Of Cal State University Los Angeles Los Angeles, CA | $6,962,494 | $5,035,596 |
Ignite Oakland, CA | $4,118,665 | $5,757,971 |
School On Wheels Inc Los Angeles, CA | $2,411,367 | $3,376,457 |