Mydar Foundation
- Assets
- $688.8k
- Revenue
- $221.3k
- Investments
- $640.2k
- Employees
- 0
- Location
- Petaluma, CA
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 82-3572932
Organization Overview
Mydar Foundation is located in Petaluma, CA. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Mydar 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 12/2021, Mydar Foundation generated $221.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 74.6% each year . All expenses for the organization totaled $349.9k during the year ending 12/2021. While expenses have increased by 19.8% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Mydar Foundation has awarded 47 individual grants totaling $696,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTION TO GIRL SCOUTS OF NORTHERN CALIFORNIA
CONTRIBUTION TO LA LGBT CENTER
CONTRIBUTION TO A HOME WITHIN
CONTRIBUTION TO THE BEE CONSERVANCY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Templeton Director | 1 | $0 | |
Kimberly Withrow-Mitchell President | 1 | $0 | |
Steven Levy Director/cfo | 2 | $0 | |
Rebecca Wilcox Director | 1 | $0 | |
Kristian Parsons Director | 1 | $0 | |
Mark Bowen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $27 |
| Dividends & Interest | $8,669 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $212,592 |
| Capital Gain Net Income | $212,592 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $221,288 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $444 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $423 |
| Total operating and administrative expenses | $23,932 |
| Contributions, gifts, grants paid | $326,000 |
| Total expenses and disbursements | $349,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,603 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $688,783 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mydar Foundation has awarded $326,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Alameda, CA PURPOSE: GENERAL | $150,000 |
Los Angeles, CA PURPOSE: GENERAL | $20,000 |
Oakland, CA PURPOSE: GENERAL | $20,000 |
THE BEE CONSERVANCY PURPOSE: GENERAL | $15,000 |
STUDENTS RISING ABOVE PURPOSE: GENERAL | $14,000 |
Portland, OR PURPOSE: GENERAL | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magnolia Educational & Research Foundation Los Angeles, CA | $67,129,472 | $66,230,945 |
Panda Cares Foundation Inc Las Vegas, NV | $37,372,072 | $45,451,718 |
Xq Institute Oakland, CA | $14,589,368 | $51,717,404 |
Room To Read San Francisco, CA | $51,354,748 | $61,954,261 |
South Bay Workforce Investment Board Inc Hawthorne, CA | $7,623,488 | $36,083,167 |
Compass Charter Schools Thousand Oaks, CA | $14,467,036 | $29,961,787 |
New Teacher Center Santa Cruz, CA | $27,814,525 | $27,076,985 |
Alpha Public Schools Inc San Jose, CA | $20,794,542 | $26,321,038 |
Give To Learn To Grow Foundation Culver City, CA | $40,470 | $188,892 |
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |