Old Town Portola Event Center
- Assets
- $84.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clio, CA
- Founding
- 04/2018
- Data as of
- 12/2019
- EIN
- 82-3338783
Organization Overview
Old Town Portola Event Center is located in Clio, CA. The organization was established in 2018. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Town Portola Event Center 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 12/2019, Old Town Portola Event Center generated $37.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (28.0%) each year. All expenses for the organization totaled $15.3k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (42.4%) per year over the past 3 years. 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
2019
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PLANS TO HAVE THE OLD TOWN PORTOLA EVENT CENTER COMPLETED AND OPEN FOR VENUES BY AUGUST 2019. THE ORGANIZATION HAS COMPLETED SEVERAL WALL MURALS, AND COMPLETED INFRASTRUCTURE FOR RESTROOMS, FOOD PREP AREA, PAVEMENT FOR WALK WAYS AND ACCESS. THE STAGE WILL BE COMPLETED LAST. MOST OF THE WORK DONE IN 2018 AND 2019.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Berger Benson Treas/secr | 0 | $0 | |
Chris David President | 0 | $0 | |
Jan Breitweiser Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,263 |
| 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 | $37,263 |
| 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 | $470 |
| Occupancy, rent, utilities, and maintenance | $6,023 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,817 |
| Total expenses | $15,310 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,416 |
| Other assets | $0 |
| Total assets | $84,416 |
| Total liabilities | $0 |
| Net assets or fund balances | $84,416 |
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