California Retirement Management Account Inc is located in Arcadia, CA. The organization was established in 2008. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. As of 12/2021, California Retirement Management Account Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Retirement Management Account 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, California Retirement Management Account Inc generated $972.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $636.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, California Retirement Management Account Inc has awarded 147 individual grants totaling $2,540,605. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CARMA GRANTS FUNDS TO THOROUGHBRED RETIREMENT FACILITIES TO SUPPORT THE CARE AND RETRAINING OF HORSES WHOSE CAREERS HAVE ENDED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NON-PROFITS ARE GIVEN GRANTS TO HELP FIND HOMES FOR OUR PLACEMENT PROGRAM HORSES AND HELP THOROUGHBRED OWNERS SAFELY RETIRE THEIR RACE HORSES. GRANTS GO TO PERMANENT SANCTUARIES AND THERAPEUTIC RIDING PROGRAMS THAT SUPPORT HORSE ADOPTIONS.
A SERVICE CREATED TO ASSIST THOROUGHBRED OWNERS AND TRAINERS RETIRE THEIR RACEHORSES. THE PLACEMENT PROGRAM PROVIDES NEWLY RETIRED RACEHORSES WITH THE TIME THEY NEED TO TRANSITION TO THE NEXT PHASE OF THEIR JOURNEY AND CONNECTS THEM TO OUR AFTERCARE PARTNERS.
HORSE SHOWS ALLOW RETIRED RACEHORSES TO RETURN TO THE TRACK TO SHOWCASE THEIR JUMPING, DRESSAGE AND BARREL RACING SKILLS. THE SHOWS INCLUDE OUR AFTERCARE PARTNERS WHO HELP THOROUGHBREDS FIND NEW HOMES AND GIVE THEM A FRESH START AS PETS AND SPORT HORSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Samantha Siegel Secretary | Officer | 4 | $0 |
Madeline Auerbach Founders Chair | Officer | 4 | $0 |
Candace Coder-Chew President | Officer | 4 | $0 |
Howard Zucker Vice President | Officer | 4 | $0 |
Billy Koch Treasurer | Officer | 4 | $0 |
Dr Jeff Blea Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $27,553 |
All other contributions, gifts, grants, and similar amounts not included above | $792,130 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $819,683 |
Total Program Service Revenue | $36,925 |
Investment income | $51 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $115,728 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $972,387 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $327,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $81,300 |
Compensation of current officers, directors, key employees. | $25,030 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $40,049 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,507 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,185 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,603 |
Advertising and promotion | $20 |
Office expenses | $1,321 |
Information technology | $4,653 |
Royalties | $0 |
Occupancy | $2,738 |
Travel | $627 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $5,082 |
All other expenses | $0 |
Total functional expenses | $636,258 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $541,810 |
Savings and temporary cash investments | $436,089 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $124,266 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $261,238 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,363,403 |
Accounts payable and accrued expenses | $16,362 |
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 | $27,553 |
Other liabilities | $0 |
Total liabilities | $43,915 |
Net assets without donor restrictions | $1,232,325 |
Net assets with donor restrictions | $87,163 |
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 | $1,363,403 |
Over the last fiscal year, California Retirement Management Account Inc has awarded $314,500 in support to 15 organizations.
Grant Recipient | Amount |
---|---|
UNITED PEGASUS FOUNDATION PURPOSE: SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS | $92,500 |
REDWINGS HORSE SANCTUARY PURPOSE: SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS | $30,000 |
Half Moon Bay, CA PURPOSE: SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS | $28,000 |
GEVA PURPOSE: SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS | $27,000 |
Galt, CA PURPOSE: SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS | $27,000 |
Canyon Country, CA PURPOSE: SUPPORT THE RETIREMENT AND REHAB OF THOROUGHBREDS | $18,000 |
Over the last fiscal year, we have identified 3 grants that California Retirement Management Account Inc has recieved totaling $6,687.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $6,000 |
Corwin Family Foundation Beverly Hills, CA PURPOSE: TO FURTHER NECESSARY CHARITABLE ACTIVITIES | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $187 |
Organization Name | Assets | Revenue |
---|---|---|
San Diego Humane Society & Spca San Diego, CA | $70,615,617 | $45,691,033 |
San Francisco Society For The Prevention Of Cruelty To Animals San Francisco, CA | $115,776,209 | $51,611,688 |
Center For Biological Diversity Inc Tucson, AZ | $43,284,959 | $36,653,414 |
Arizona Humane Society Phoenix, AZ | $95,151,966 | $45,142,904 |
Oregon Humane Society Portland, OR | $103,747,214 | $24,056,728 |
Helen Woodward Animal Center Rancho Santa Fe, CA | $61,487,200 | $24,562,772 |
Pasadena Humane Society Pasadena, CA | $46,749,038 | $17,263,238 |
Peninsula Humane Society & Spca Burlingame, CA | $52,826,881 | $18,060,009 |
Humane Society Silicon Valley Milpitas, CA | $64,688,653 | $21,886,630 |
Mercy For Animals Los Angeles, CA | $27,760,277 | $18,222,198 |
The Animal Foundation Las Vegas, NV | $55,751,912 | $11,185,043 |
Hawaiian Humane Society Honolulu, HI | $54,358,412 | $17,979,129 |