Ernest Clark Iverson Foundation Inc

Organization Overview

Ernest Clark Iverson Foundation Inc is located in Laguna Beach, CA. The organization was established in 1997. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Ernest Clark Iverson Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ernest Clark Iverson 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, Ernest Clark Iverson Foundation Inc generated $295.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $267.5k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RESIDENTIAL CARE FOR DISABLED ADULTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

OWNED AND OPERATED MANAGED RESIDENTIAL CARE FACILITY FOR SIX DISABLED ADULTS DURING THE YEAR ENDED 12/31/2021, FULLY STAFFED WHEN CLIENTS ARE ON PREMISES. RESIDENTS ARE REQUIRED TO ATTEND OFF-SITE PROGRAMS AND ARE TRANSPORTED AND ASSISTED BY STAFF AS NECESSARY.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Lindsey
President
$28,895
Margaret Lindsey
Secretary
$0

Financial Statements

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$295,829
Investment income $0
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 $295,829

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