Bona Fide Conglomerate Inc

Organization Overview

Bona Fide Conglomerate Inc is located in La Mesa, CA. The organization was established in 2005. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 12/2021, Bona Fide Conglomerate Inc employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bona Fide Conglomerate 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, Bona Fide Conglomerate Inc generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 12.5% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PROVIDES MENTALLY AND PHYSICALLY HANDICAPPED INDIVIDUALS WITH PRACTICAL, REAL-WORLD JOB TRAINING AND JOB PLACEMENT IN THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION HAS AND CONTINUES TO EDUCATE, TRAIN, AND PROVIDE JOB PLACEMENT AND EMPOYMENT FOR INDIVIDUALS WHO ARE OTHERWISE "UNEMPLOYABLE" DUE TO A SEVERE DISABILITY.


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Board, Officers & Key Employees

Name (title)Compensation
Ruben A Lopez
President & CEO
$202,000
Gia Cedillo
Secretary
$0
Nathan Mcdonough
CFO
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wright & Lestrange
Legal
$0
Eckland & Blando Llp
Legal
$0
View All Vendors

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$3,579,681
Investment income $38,757
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $37,369
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,804,222

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