Ministry Of Kordada Inc
- Assets
- $139.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Hollywood, CA
- Founding
- 10/2018
- Data as of
- 12/2021
- EIN
- 82-4117318
Organization Overview
Ministry Of Kordada Inc is located in West Hollywood, CA. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Ministry Of Kordada 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 12/2021, Ministry Of Kordada Inc generated $6.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (44.6%) each year. All expenses for the organization totaled $5.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (46.2%) per year over the past 4 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MINISTRY OF THE KORDADA INC. IS A COLLABORATIVE EFFORT OF THE WEIRD AND WONDERFUL, INTENDED TO DRAW ATTENTION TO, REVITALIZE, AND PARTNER AND FLOURISH WITH, LOCAL ARTISTIC ENCLAVES AND FORGOTTEN PEOPLES AROUND THE WORLD. TMOK WAS BORN OUT OF THE DESIRE BY A SMALL GROUP OF LOS ANGELINOS TO BREATH LIFE, ART, AND BEAUTY BACK INTO A DISTRESSED COMMUNITY, BOMBAY BEACH, CA.
Describe the Organization's Program Activity:
Part 3
THE MINISTRY OF THE KORDADA INC. IS A COLLABORATIVE EFFORT OF THE WEIRD AND WONDERFUL, INTENDED TO DRAW ATTENTION TO, REVITALIZE, AND PARTNER AND FLOURISH WITH, LOCAL ARTISTIC ENCLAVES AND FORGOTTEN PEOPLES AROUND THE WORLD. TMOK WAS BORN OUT OF THE DESIRE BY A SMALL GROUP OF LOS ANGELINOS TO BREATH LIFE, ART, AND BEAUTY BACK INTO A DISTRESSED COMMUNITY, BOMBAY BEACH, CA THROUGH THE BIENNALE ART FESTIVAL.THE UNDERLYING EMPHASIS OF THE FESTIVAL IS TO ENHANCE THE LOCAL ENVIRONMENT IN ORDER TO BRING INTRINSIC VALUE BACK TO THIS ONCE-POPULAR SOUTHERN CALIFORNIA DESTINATION. THE KORDADA WILL CONTINUE WITH ITS EFFORTS TO FUND RAISE FOR THE FUTURE BIENNALES WITH THE GOAL TO INCREASE THE DONATION POOL, THE PER DONOR AMOUNT, AND THE TOURIST NUMBERS TO THE TOWN FOR LOCAL COMMERCE. IT IS NOT POSSIBLE TO PUT A TIMELINE OR ANY STATISTICS TO THE DERIVED BENEFIT OF THE UNDERLYING PROGRAM, AS IT IS ALSO HIGHLY IMPROBABLE, DUE TO ITS ENVIRONMENT, THAT BOMBAY BEACH WILL RETURN TO ITS ONCE UPON A TIME "DESTINATION" STATUS IN THE IMMEDIATE FUTURE. BUT A GOOD EFFORT IS BEING MADE TO PUT IT BACK ON THE MAP AND PROVOKE DISCUSSIONS ABOUT THE ECOLOGICAL ISSUES IT FACES.
IN SEPTEMBER 2019 TMOK LAUNCHED A FUNDRAISING PROGRAM TO FUND A NEW TRASH COLLECTION SERVICE FOR BOMBAY BEACH, AS CURRENTLY THERE IS NO SERVICE PROVIDED. MANY OF THE LOCAL RESIDENTS ARE ELDERLY AND HAVE NO ACCESS TO BASIC SANITATION SERVICES. THROUGH THIS TRASH COLLECTION PROGRAM, WE HOPE TO SIGNIFICANTLY IMPROVE SANITARY AND HYGIENE STANDARDS, AND TO CREATE AWARENESS OF PROPER DISPOSAL AND RECYCLING METHODS. SUCH ACTIONS ARE INTENDED TO SUPPORT AND NURTURE THE GROWING COMMUNITY OF ARTISTS AND CREATORS THAT INHABIT, RESIDE OR VISIT BOMBAY BEACH, CALIFORNIA, AND IN TURN MAKE A SIGNIFICANT DIFFERENCE IN THE LIVES OF LOCALS WHO HAVE LIVED WITH NO SERVICES FOR MANY YEARS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Tighe Cfo/treasurer | 5 | $0 | |
Lauren Brand Secretary | 5 | $0 | |
Stefan Ashkenazy Ceo/president | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,869 |
| 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 | $6,869 |
| 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 | $155 |
| Occupancy, rent, utilities, and maintenance | $5,381 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $100 |
| Total expenses | $5,636 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,072 |
| Other assets | $0 |
| Total assets | $139,018 |
| Total liabilities | $56,801 |
| Net assets or fund balances | $82,217 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ministry Of Kordada Inc has recieved totaling $12,077.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC | | $7,077 |
Shulamit Nazarian Foundation Beverly Hills, CA PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $5,000 |
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