The B5 Foundation
- Assets
- $63.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 11/2017
- Data as of
- 12/2023
- EIN
- 81-5259849
Organization Overview
The B5 Foundation is located in San Diego, CA. The organization was established in 2017. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. B5 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, B5 Foundation generated $2.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (64.1%) 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
FOOD DISTRIBUTION PROGRAM ASSISTED IN FEEDING 170 PEOPLE ONCE A MONTH AND DISTRIBUTED 100 TURKEYS FOR THANKSGIVING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laverne G Davis President | Officer | 10 | $36,000 |
Doug Moore Director | Officer | 1 | $0 |
Andrew Altshule Secretary | Officer | 1 | $0 |
Charisse Bremond-Weaver Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,827 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,827 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $78,194 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $787 |
| Other expenses | $32,538 |
| Total expenses | $111,519 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,014 |
| Other assets | $0 |
| Total assets | $63,014 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,014 |