Wma Foundation
- Assets
- $145.2k
- Revenue
- $4.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 11/2001
- Data as of
- 05/2024
- EIN
- 68-0474336
Organization Overview
Wma Foundation is located in Sacramento, CA. The organization was established in 2001. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wma 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 05/2024, Wma Foundation generated $4.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (38.8%) each year. All expenses for the organization totaled $1.2k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (43.6%) per year over the past 6 years. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
WMA FOUNDATION'S CHARITABLE ACTIVITIES INCLUDE DISASTER RELIEF TO RESIDENTS OF CALIFORNIA MOBILE HOME PARKS AFTER FIRES FLOODS EARTHQUAKES ETC. THERE WERE NO DISASTERS IN FY 2023-24 SO NO EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Evans President | 0 | $0 | |
R Douglas Johnson Secretary | 0 | $0 | |
Betsey Soderston Treasurer | 0.5 | $0 | |
Allan Alt Director | 0 | $0 | |
Dan Fischer Director | 0 | $0 | |
Ernie Schroer Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $245 |
| Interest on Savings | $2,712 |
| 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 | $1,400 |
| Total Revenue | $4,357 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $254 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $991 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,245 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,181 |
| Savings and temporary cash investments | $118,976 |
| 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 | $0 |
| 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 | $145,157 |
| 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, Wma Foundation has awarded $20,200 in support to 101 organizations.
| Grant Recipient | Amount |
|---|---|
WMA FOUNDATION PURPOSE: ASSISTANCE FOR FLOOD VICTIMS IN ARBOR MOBILE HOME PARK | $200 |
WMA FOUNDATION PURPOSE: ASSISTANCE FOR FLOOD VICTIMS IN ARBOR MOBILE HOME PARK | $200 |
WMA FOUNDATION PURPOSE: ASSISTANCE FOR FLOOD VICTIMS IN ARBOR MOBILE HOME PARK | $200 |
WMA FOUNDATION PURPOSE: ASSISTANCE FOR FLOOD VICTIMS IN ARBOR MOBILE HOME PARK | $200 |
WMA FOUNDATION PURPOSE: ASSISTANCE FOR FLOOD VICTIMS IN ARBOR MOBILE HOME PARK | $200 |
WMA FOUNDATION PURPOSE: ASSISTANCE FOR FLOOD VICTIMS IN ARBOR MOBILE HOME PARK | $200 |