Cadet Character & Leadership Foundation
- Assets
- $337.6k
- Revenue
- $591.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 01/2016
- Data as of
- 12/2021
- EIN
- 81-0703923
Organization Overview
Cadet Character & Leadership Foundation is located in Long Beach, CA. The organization was established in 2016. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cadet Character & Leadership 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, Cadet Character & Leadership Foundation generated $591.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 29.4% each year . All expenses for the organization totaled $347.9k during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 2 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOCUSED ON THE POTENTIAL OF AMERICAS YOUTH, THE CADET CHARACTER AND LEADERSHIP FOUNDATION IS DESIGNED TO SEEK OUT YOUNG LIVES WITH LEADERSHIP DRIVE, WHO MAY BE FINANCIALLY UNDER-RESOURCED AND HELP THEM ACHIEVE THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CCLF WAS ABLE TO PURCHASE MULTIPLE PRE-OWNED CESSNA AIRCRAFT THAT WILL BE UPGRADED AND PLACED IN SERVICE TO BE USED IN FLIGHT INSTRUCTION OF CADETS WHO LACK THE FINANCIAL RESOURCES TO OBTAIN AN FAA PRIVATE PILOTS LICENSE. THE AMOUNT OF GRANTS USED FOR PURCHASES AND AIRCRAFT IMPROVEMENTS FOR 2021 TOTALED $206,241.ALSO, CCLF MADE CONTRIBUTIONS TO THE EFFORTS OF THE CIVIL AIR PATROL BY PROVIDING A MOBILE KITCHEN TRAILER AND TRUCK USED TO SUPPORT CADET TRAINING ACTIVITIES AND EMERGENCY SERVICE OPERATIONS. ADDITIONAL SUPPORT OF CADET ACTIVITIES AND UPGRADES TO CIVIL AIR PATROL VEHICLES AND EQUIPMENT TOTALED $47,610 FOR 2021.
FLIGHT SCHOLARSHIPS TOTALING $24,294 FOR 2021, WERE AWARDED TO UNDER-RESOURCED CADETS TO PURSUE PRIVATE PILOTS LICENSES.IN ADDITION, CCLF GRANTED FUNDS FOR THE DEVELOPMENT OF A FLIGHT SIMULATOR AND CORRESPONDING SIMULATOR INSTRUCTION PROGRAM. THIS INSTRUCTOR PILOT LED PROGRAM WILL ALLOW CADETS TO GAIN VALUABLE SIMULATED FLIGHT TIME BEFORE TRANSITIONING TO ACTUAL FLIGHT. THE AMOUNT OF GRANTS USED IN 2021 TOTALED $65,275.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Gwaltney Treasurer | OfficerTrustee | 2 | $0 |
Michael Kathriner Vice President | OfficerTrustee | 2 | $0 |
Daniel Niessen President | OfficerTrustee | 2 | $0 |
Wayne Brown Director | Trustee | 1 | $0 |
Grace Edinboro Director | Trustee | 1 | $0 |
Jonathan Khattar Director | Trustee | 1 | $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 | $590,761 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $590,761 |
| Total Program Service Revenue | $0 |
| Investment income | $456 |
| 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 | $591,217 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $319,126 |
| Grants and other assistance to domestic individuals. | $24,604 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $486 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $605 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,667 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $347,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $246,452 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,967 |
| 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 | $28,194 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,000 |
| Total assets | $337,613 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $34,095 |
| Net assets with donor restrictions | $303,518 |
| 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 | $337,613 |
Grants Awarded
Over the last fiscal year, Cadet Character & Leadership Foundation has awarded $319,126 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AVIATIONS FUTURE LEADERS LLC PURPOSE: Cadet flight instruction | $206,241 |
AEROVISTION INC PURPOSE: Cadet flight instruction | $65,275 |
Maxwell Afb, AL PURPOSE: To support cadet training activity | $47,610 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cadet Character & Leadership Foundation has recieved totaling $590,661.
| Awarding Organization | Amount |
|---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $590,643 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ticket To Dream Foundation Roseville, CA | $5,455,675 | $13,999,087 |
Leadersup Los Angeles, CA | $3,966,965 | $4,495,789 |
B Nai Brith Mens Camp Association Portland, OR | $16,948,844 | $7,971,848 |
Executive Council Charities Phoenix, AZ | $630,003 | $2,300,902 |
John Burton Advocates For Youth San Francisco, CA | $11,335,002 | $5,016,431 |
K2 Adventures Foundation Scottsdale, AZ | $505,481 | $957,191 |
Sharks Foundation San Jose, CA | $508,240 | $911,167 |
Hrj Charities Inc Palo Alto, CA | $1,404,650 | $1,642,568 |
Genesis Motor America Foundation Fountain Valley, CA | $4,479,262 | $1,632,925 |
City Of Dreams San Francisco, CA | $521,144 | $800,906 |
Seven Point Inc Yucaipa, CA | $541,891 | $831,024 |
Elmer E Rasmuson Endowment For The Boy Scouts Of America In Alaska Las Vegas, NV | $8,315,591 | $606,636 |