Trajectory Foundation Inc
- Assets
- $377.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- El Dorado Hills, CA
- Founding
- 08/2017
- Data as of
- 06/2023
- EIN
- 82-2268079
Organization Overview
Trajectory Foundation Inc is located in El Dorado Hills, CA. The organization was established in 2017. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Trajectory Foundation 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 06/2023, Trajectory Foundation Inc generated $159.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $79.4k during the year ending 06/2023. 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
DURING THE FISCAL YEAR ENDED 6/30/23, THE FOUNDATION AWARDED SCHOLARSHIPS TO BLACK STUDENTS ATTENDING HISTORICALLY BLACK COLLEGES AND UNIVERSITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Krigger President | 5 | $0 | |
Jason Tenley VP Finance | 1 | $0 | |
Calvin Simmons Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,151 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,002 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $159,153 |
| 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 | $1,115 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $78,262 |
| Total expenses | $79,377 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $377,941 |
| Other assets | $0 |
| Total assets | $377,941 |
| Total liabilities | $0 |
| Net assets or fund balances | $377,941 |