Supreme Foundation
- Assets
- $42.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Upland, CA
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 81-2333798
Organization Overview
Supreme Foundation is located in Upland, CA. The organization was established in 2016. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Supreme 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, Supreme Foundation generated $18.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $22.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE AWARDING OF EDUCATIONAL SCHOLARSHIPS TO COLLEGE BOUND STUDENTS IN LOS ANGELES CALIFORNIA
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Lovette President | 2 | $0 | |
Joycelyn Monson Gordon Vice President | 2 | $0 | |
Kecia Washington Board Member | 1 | $0 | |
Patricia Jones Secretary | 2 | $0 | |
Phyllis Irving Board Member | 1 | $0 | |
Pamala Roberts CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,335 |
| Total Program Service Revenue | $0 |
| Membership dues | $700 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$19,170 |
| Other Revenue | $35,659 |
| Total Revenue | $18,532 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,436 |
| Other expenses | $16,967 |
| Total expenses | $22,403 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,000 |
| Other assets | $0 |
| Total assets | $42,000 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Supreme Foundation has recieved totaling $5,100.
| Awarding Organization | Amount |
|---|---|
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $5,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Parasol Tahoe Community Foundation Inc Incline Village, NV | $97,913,034 | $15,633,796 |
Davidson Institute For Talent Development Incline Village, NV | $2,040,449 | $8,109,259 |
Pueblo Nuevo Education And Development Group Los Angeles, CA | $12,032,883 | $8,677,303 |
Silicon Schools Fund Inc Oakland, CA | $28,590,142 | $9,890,035 |
Alliance College-Ready Public Schools Foundation Los Angeles, CA | $1,948,564 | $6,883,984 |
Stem Next Opportunity Fund San Diego, CA | $10,305,213 | $10,913,896 |
Julia Burke Foundation San Francisco, CA | $10,173,958 | $4,976,202 |
James Megellas Foundation Inc Scottsdale, AZ | $68,107,616 | $5,113,659 |
Rsf Social Investment Fund Inc San Francisco, CA | $183,234,866 | $6,180,684 |
Napa Institute Support Foundation Irvine, CA | $19,458,182 | $17,196,018 |
Orange Schools Financing Corporation Orange, CA | $21,811,397 | $4,509,507 |
Herbst Foundation Inc Walnut Creek, CA | $62,095,126 | $6,418,341 |