California Grocers Association Educational Foundation
- Assets
- $1.8m
- Revenue
- $1.3m
- Investments
- $773.6k
- Employees
- 2
- Location
- Sacramento, CA
- Founding
- 06/1996
- Data as of
- 12/2022
- EIN
- 68-0264745
Organization Overview
California Grocers Association Educational Foundation is located in Sacramento, CA. The organization was established in 1996. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2023, California Grocers Association Educational Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Grocers Association Educational 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, California Grocers Association Educational Foundation generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 1.4% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE EDUCATION, RESEARCH AND COMMUNITY SERVICE IN THE GROCERY INDUSTRY.
Describe the Organization's Program Activity:
PROVIDE SCHOLARSHIPS AND TUITION REIMBURSEMENT FOR EMPLOYEES OF THE FOOD INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Fong Cga President | Officer | 1 | $0 |
Jacquie Slobom Chair | OfficerTrustee | 1 | $0 |
Christy Duncan Anderson Vice Chair | OfficerTrustee | 1 | $0 |
Bruce Frazier Treasurer | OfficerTrustee | 1 | $0 |
Jeremy Cullifer Secretary | OfficerTrustee | 1 | $0 |
Brad Askeland Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $233,345 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $925,429 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,158,774 |
| Total Program Service Revenue | $41,728 |
| Investment income | $39,967 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$49,173 |
| Net Income from Fundraising Events | $108,775 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,290,798 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $807,821 |
| 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 | $182,820 |
| 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 | $5,404 |
| Fees for services: Accounting | $9,984 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,118 |
| Fees for services: Other | $4,962 |
| Advertising and promotion | $300 |
| Office expenses | $25,996 |
| Information technology | $1,670 |
| Royalties | $0 |
| Occupancy | $44,304 |
| Travel | $6,933 |
| 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 | $7,252 |
| Insurance | $3,040 |
| All other expenses | $1,914 |
| Total functional expenses | $1,197,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,952 |
| Savings and temporary cash investments | $116,504 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,076 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $150,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,683 |
| Net Land, buildings, and equipment | $9,941 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $773,597 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $556,898 |
| Total assets | $1,814,651 |
| Accounts payable and accrued expenses | $72,889 |
| Grants payable | $0 |
| Deferred revenue | $117,645 |
| 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 | $29,087 |
| Total liabilities | $219,621 |
| Net assets without donor restrictions | $1,183,677 |
| Net assets with donor restrictions | $411,353 |
| 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 | $1,814,651 |
Grants Awarded
Over the last fiscal year, California Grocers Association Educational Foundation has awarded $32,310 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA GROCERS ASSOCIATION PURPOSE: SPONSORSHIPS | $16,000 |
CALIFORNIA POLYTHEHNIC STATE UNIVERSITY PURPOSE: RESEARCH GRANTS | $16,310 |