Wma Foundation
- Assets
- $129.1k
- Revenue
- $18.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 11/2001
- Data as of
- 05/2022
- 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 05/2022, Wma Foundation generated $18.2k 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 (15.2%) each year. All expenses for the organization totaled $14.0k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (22.5%) 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO RESIDENTS OF CREEKSIDE MOBILE HOME PARK IN CLEARLAKE CA AFTER WILDFIRE DESTROYED THEIR HOMES.
DONATION TO RESIDENTS OF SANTA MARGARITA MOBILE HOME PARK IN SANTA MARGARITA CA AFTER FIRE DESTROYED THEIR HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Evans President | 0 | $0 | |
Douglas Johnson Secretary | 0 | $0 | |
Betsey Soderston Treasurer | 1 | $0 | |
Allan Alt Director | 0 | $0 | |
Ernie Schroer Director | 0 | $0 | |
Dan Fischer Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,192 |
| Interest on Savings | $10 |
| 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 | $18,202 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34 |
| Total operating and administrative expenses | $65 |
| Contributions, gifts, grants paid | $13,950 |
| Total expenses and disbursements | $14,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,918 |
| Savings and temporary cash investments | $115,164 |
| 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 | $129,082 |
| 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 $13,950 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
KIMBERLY MORONES PURPOSE: SANTA MARGARITA MOBILE HOME PARK FIRE ASSISTANCE. | $500 |
JOHN GOLDEN PURPOSE: SANTA MARGARITA MOBILE HOME PARK FIRE ASSISTANCE. | $500 |
DARLA HEINZE PURPOSE: SANTA MARGARITA MOBILE HOME PARK FIRE ASSISTANCE. | $500 |
JAVIER ROSA VERDUZCO PURPOSE: SANTA MARGARITA MOBILE HOME PARK FIRE ASSISTANCE. | $500 |
CHRISTINA CORDOVA-VARGAS PURPOSE: SANTA MARGARITA MOBILE HOME PARK FIRE ASSISTANCE. | $500 |
MARTHA FOLTZ PURPOSE: CREEKSIDE MOBILE HOME PARK FIRE ASSISTANCE. | $350 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wma Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Jerry And Dorothy Gray Foundation Danville, CA PURPOSE: SUPPORT GENERAL PURPOSES | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sheltercare Eugene, OR | $4,357,138 | $9,135,740 |
Midpen Resident Services Corporation Foster City, CA | $3,702,334 | $11,407,168 |
Bridge Property Management Company San Francisco, CA | $1,233,636 | $9,360,308 |
Burbank Housing Corporation Burbank, CA | $47,643,861 | $6,370,585 |
Habitat For Humanity San Fernando/Santa Clarita Valleys Woodland Hills, CA | $1 | $4,168,206 |
Do Good Multnomah Portland, OR | $6,858,210 | $9,987,432 |
Satellite Aha Development Inc Berkeley, CA | $17,466,494 | $5,909,155 |
Housing Trust Silicon Valley San Jose, CA | $250,989,111 | $21,448,557 |
Western Community Housing Inc Costa Mesa, CA | $106,078,970 | $11,023,596 |
Housing Choices Coalition For Persons With Developmental Disabil Palo Alto, CA | $4,399,565 | $5,833,856 |
Sacramento Neighborhood Housing Services Inc Sacramento, CA | $15,952,638 | $2,503,371 |
Housing Resource Center Of Monterey County Salinas, CA | $933,269 | $4,680,244 |