128cm Foundation
- Assets
- $172.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Bernardino, CA
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 81-2808476
Organization Overview
128cm Foundation is located in San Bernardino, CA. The organization was established in 2017. 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. 128cm 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 12/2023, 128cm Foundation generated $92.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $111.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
ORGANIZATION PROVIDES SCHOLARSHIPS TO INDIVIDUALS FOR PRIVATE EDUCATION AND TO CARRY ON CHARITABLE ACTIVITIES ASSOCIATED WITH THIS GOAL AS ALLOWED BY LAW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Peterson Director | 1 | $0 | |
Roberta Peterson Director | 1 | $0 | |
Adrian Cotton Director | 1 | $0 | |
Maggie Cotton Director | 1 | $0 | |
Imfeldkamp III Director | 1 | $0 | |
Imfeldkamp IV Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,150 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,988 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,181 |
| Other Revenue | $0 |
| Total Revenue | $92,319 |
| 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 | $0 |
| Other expenses | $111,514 |
| Total expenses | $111,514 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $169,362 |
| Other assets | $0 |
| Total assets | $172,354 |
| Total liabilities | $0 |
| Net assets or fund balances | $172,354 |