Donors Endowment Inc
- Assets
- $21.1m
- Revenue
- $15.8m
- Investments
- $0.0
- Employees
- 0
- Location
- La Jolla, CA
- Founding
- 03/2018
- Data as of
- 12/2022
- EIN
- 82-0932714
Organization Overview
Donors Endowment Inc is located in La Jolla, CA. The organization was established in 2018. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, 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. Donors Endowment 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, Donors Endowment Inc generated $15.8m in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GOAL OF DONOR'S ENDOWMENT IS TO INCREASE CHARITABLE GIVING. FURTHERMORE THE ACTIVITIES OF DONORS ENDOWMENT CONSIST OF EDUCATING THE PUBLIC ON ENVIRONMENTAL ISSUES AND ACTION WITH BEACH CLEANUPS AND SURFING. THE GOAL OF DONORS ENDOWMENT IS TO INCREASE PARTICIPATION. WE SET OUR GOALS BASED ON THE NUMBERS OF PARTICIPANTS AND ACTIVITIES. THE EDUCATION OF WATER ISSUES IS ASSISTED BY EXPERTS IN VARIOUS FIELDS OF OCEANIC RESEARCH. THE ACTION OF BEACH CLEANUPS FOLLOWED BY SURFING IS ASSISTED BY A LARGE VOLUNTEER GROUP. OVER 5,000 PEOPLE HAVE PARTICIPATED IN OUR BEACH CLEANUP EFFORTS. WE HAVE PRODUCED AND WILL CONTINUE TO PRODUCE OUR BEACH CLEAN UP SURF DAY EDUCATION PROGRAM. FUNDING SOURCES FOR THESE ACTIVITIES COME FROM VOLUNTEERS AND PARTICIPANTS. VOLUNTEERS DONATE THEIR TIME AND BRING THEIR OWN TRASH BAGS AND SURF BOARDS FOR BEACH CLEANUP DAYS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
5,000 PARTICIPANTS OVER THE SPAN OF THE ORGANIZATION INVOLVED IN BEACH CLEAN UP EFFORTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Navas Bojorquez President | Officer | 20 | $0 |
Lara Garcia Officer | Officer | 5 | $0 |
Gerard Gomez Officer | Officer | 5 | $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 | $15,834,780 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,834,780 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $15,834,780 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $104,568 |
| Office expenses | $28,547 |
| Information technology | $8,658 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,587 |
| 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 | $8,957 |
| All other expenses | $0 |
| Total functional expenses | $171,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $358,987 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $20,733,053 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,092,040 |
| 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 | $21,092,040 |
| Net assets with donor restrictions | $0 |
| 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 | $21,092,040 |