Waterford Foundation
- Assets
- $3.3m
- Revenue
- $815.6k
- Investments
- $5.9k
- Employees
- 0
- Location
- Fresno, CA
- Founding
- 01/1997
- Data as of
- 12/2021
- EIN
- 77-0437521
Organization Overview
Waterford Foundation is located in Fresno, CA. The organization was established in 1997. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waterford 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 12/2021, Waterford Foundation generated $815.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $870.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Waterford Foundation has awarded 30 individual grants totaling $2,200,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Farshid Assemi Senior VP | 1 | $0 | |
Farid Assemi Senior VP | 1 | $0 | |
Darius Assemi President | 1 | $0 | |
Nader Assemi Vice President | 1 | $0 | |
Neema Assemi Vice President | 1 | $0 | |
Steven G Rau Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,611 |
| 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 | $800,009 |
| Total Revenue | $815,620 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $627 |
| Depreciation | $47,043 |
| Occupancy | $5,895 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,194 |
| Total operating and administrative expenses | $70,679 |
| Contributions, gifts, grants paid | $800,000 |
| Total expenses and disbursements | $870,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $788,779 |
| Savings and temporary cash investments | $12,783 |
| Net Accounts receivable | $13,510 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $17,200 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $1,124,348 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,874 |
| Net Land, buildings, and equipment | $1,381,540 |
| Other assets | $0 |
| Total assets | $3,344,034 |
| Accounts payable and accrued expenses | $6,137 |
| 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 | $6,137 |
Grants Awarded
Over the last fiscal year, Waterford Foundation has awarded $800,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL CALIFORNIA FOOD BANK PURPOSE: SUPPORT | $155,060 |
FRESNO POLICE CHAPLAINCY PURPOSE: SUPPORT | $97,760 |
Clovis, CA PURPOSE: SUPPORT | $87,160 |
Fresno, CA PURPOSE: SUPPORT | $66,160 |
Fresno, CA PURPOSE: SUPPORT | $63,760 |
THE ART OF LIFE CANCER FOUNDATION PURPOSE: SUPPORT | $63,760 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Waterford Foundation has recieved totaling $90,000.
| Awarding Organization | Amount |
|---|---|
James Irvine Foundation San Francisco, CA PURPOSE: TO DESIGN A FRESNO CRADLE TO CAREER FRAMEWK | $90,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Neighborhood House Assn San Diego, CA | $20,146,968 | $97,699,697 |
Portable Practical Educational Preparation Inc Tucson, AZ | $20,477,573 | $94,704,086 |
Chicanos Por La Causa Inc Phoenix, AZ | $7,948,599,708 | $121,803,796 |
Sbcs Corporation Chula Vista, CA | $44,117,675 | $87,559,700 |
Bay Area Community Services Inc Oakland, CA | $30,842,402 | $71,014,541 |
United Movement Inc Las Vegas, NV | $7,228,928 | $63,347,968 |
Nevada H A N D Inc Las Vegas, NV | $197,568,857 | $83,930,370 |
Lift To Rise Palm Desert, CA | $10,036,798 | $56,799,508 |
Catholic Charities Of Santa Clara County San Jose, CA | $37,221,303 | $52,659,902 |
Farmlink Project Pacific Palisades, CA | $3,073,736 | $51,204,063 |
Arizonas Children Association Tucson, AZ | $18,515,748 | $50,621,725 |
Catholic Charities Of Los Angeles Los Angeles, CA | $401,651,832 | $56,844,483 |