Regenerate California Innovation is located in Fresno, CA. The organization was established in 1993. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Regenerate California Innovation employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regenerate California Innovation 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, Regenerate California Innovation generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 29.9% each year . All expenses for the organization totaled $3.3m during the year ending 12/2022. While expenses have increased by 35.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WORKING WITH CHURCH LEADERS, COMMUNITY GROUPS, BUSINESSES & ORGANIZED LABOR IN DEVELOPING RELATIONAL ORGANIZATION AND COMMUNITY DEVELOPMENT SKILLS & METHODS. PROGRAMS AND METHODS INCLUDE WORKFORCE DEVELOPMENT AND TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE: PART OF A PARTNERSHIP PROVIDING WORKFORCE DEVELOPMENT SERVICES VIA ONE-STOP RESOURCE CENTERS AND INTENSIVE STAFF LEAD CAREER SERVICES TO THE COMMUNITY.
COMMUNITY LEADERSHIP AND CAPACITY BUILDING EDUCATION AND TRAINING: PROVIDING EDUCATION AND TRAINING IN ALL RCI PROGRAM AREAS THAT WILL HELP EMPOWER COMMUNITIES IN THE SAN JOAQUIN VALLEY AND CALIFORNIA.
FOSTER YOUTH SERVICES: THIS PROGRAM PURCHASES GIFTS FOR HIGH SCHOOL SENIORS IN THE CLC PARTNERSHIP FOSTER YOUTH PROGRAM FROM COMMUNITY SUPPORT. THIS MAKES A MAJOR LIFE TRANSITION MORE POSITIVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David D Baquerizo | 50 | $172,069 | |
Arthur Moss | 40 | $110,288 | |
Keith Bergthold CEO | Officer | 12 | $5,400 |
Steve Chandler Secretary/treas | Trustee | 0 | $0 |
Dorothy Chandler Director | Trustee | 0 | $0 |
Wayne Bridegroom Director | Trustee | 0 | $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 | $622,100 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $622,100 |
Total Program Service Revenue | $2,552,300 |
Investment income | $85 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,174,485 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $27,000 |
Grants and other assistance to domestic individuals. | $47,220 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $287,757 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,120,977 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $242,888 |
Payroll taxes | $189,744 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,944 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $152,711 |
Advertising and promotion | $0 |
Office expenses | $3,756 |
Information technology | $18,954 |
Royalties | $0 |
Occupancy | $153,101 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $4,758 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $430 |
Insurance | $11,272 |
All other expenses | $357 |
Total functional expenses | $3,306,341 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $407,498 |
Savings and temporary cash investments | $0 |
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 | $9,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,357 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $924 |
Total assets | $418,779 |
Accounts payable and accrued expenses | $0 |
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 | $125 |
Other liabilities | $1 |
Total liabilities | $126 |
Net assets without donor restrictions | $418,653 |
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 | $418,779 |