3c Capital Fund Inc
- Assets
- $38.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bakersfield, CA
- Founding
- 04/2017
- Data as of
- 12/2022
- EIN
- 81-3147737
Organization Overview
3c Capital Fund Inc is located in Bakersfield, CA. The organization was established in 2017. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 3c Capital Fund 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 12/2022, 3c Capital Fund Inc generated $161.9k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $154.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
D-SET HUB - THE PROGRAM'S MISSION IS TO DEVELOP, GROW, AND LAUNCH NEW BUSINESS TECHNOLOGIES, INNOVATIONS, AND SOLUTIONS TO STIMULATE ECONOMIC GROWTH AND PROVIDE SUPPORT FOR AFRICAN-AMERICANS, WOMEN, AND MINORITY ENTREPRENEURS. DURING 2022, THE KERN INCLUSIVE ENTREPRENEURSHIP HUB PROGRAM SERVED TEN PARTICIPANTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ali Morris Board Chair / President | 20 | $0 | |
Evelyn Young Spath Secretary | 5 | $0 | |
Victoria Johnson Treasurer | 2 | $0 | |
Natesha Johnson Director | 5 | $0 | |
Traco Matthews Director | 2 | $0 | |
Danielle Patterson Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,704 |
| Total Program Service Revenue | $11,230 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $161,935 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,571 |
| Professional fees and other payments to independent contractors | $76,186 |
| Occupancy, rent, utilities, and maintenance | $12,718 |
| Printing, publications, postage, and shipping | $363 |
| Other expenses | $56,626 |
| Total expenses | $154,464 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,945 |
| Other assets | $0 |
| Total assets | $38,325 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,325 |