Tokimi Foundation
- Assets
- $10.6k
- Revenue
- $10.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Brentwood, CA
- Founding
- 06/2018
- Data as of
- 12/2021
- EIN
- 83-0620892
Organization Overview
Tokimi Foundation is located in Brentwood, CA. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tokimi 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, Tokimi Foundation generated $10.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.3% each year . All expenses for the organization totaled $5.4k during the year ending 12/2021. While expenses have increased by 6.8% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP AWARDS TO 63 HIGH SCHOOL STUDENTS GRANT AWARDS TO 6 UNIVERSITY NEW INTAKES
RENT FOR OFFICE SPACE FOR COMPUTER TRAINING CLASS FOR HIGH SCHOOL STUDENTS FREE OF CHARGE
ORGANIZING SCHOLARSHIP AWARD CEREMONY AND OTHER OFFICE EXPENSES
SOUVENIR TSHIRTS DISTRIBUTED TO SCHOLARSHIP AWARDEES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taiwo A Abugan President | 5 | $0 | |
Yvonne Y Abugan Director | 1 | $0 | |
Kemi Olubode Program Coordinator | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,860 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,860 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $717 |
| Travel, conferences, and meetings | $647 |
| Printing and publications | $82 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,566 |
| Contributions, gifts, grants paid | $3,860 |
| Total expenses and disbursements | $5,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,230 |
| 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 | $717 |
| Prepaid expenses and deferred charges | $1,785 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,847 |
| Total assets | $10,579 |
| 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, Tokimi Foundation has awarded $3,860 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HIGH SCHOOL STUDENTS PURPOSE: TO ENROL STUDENTS FOR FINAL YEAR EXAMSWAEC | $3,238 |
UNIVERSITY NEW INTAKES PURPOSE: FINANCIAL ASSISTANCE FOR STUDIES | $622 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Snap Foundation Santa Monica, CA | $165,494,601 | $537,573 |
John Pritzker Family Fund Redwood City, CA | $7,615,053 | $13,500,772 |
Newton And Rochelle Beckercharitable Trust Larkspur, CA | $179,394,273 | $14,820,252 |
Katie Mcgrath & J J Abrams Family Foundation Encino, CA | $5,090,305 | $12,922,680 |
Chuck Lorre Family Foundation Los Angeles, CA | $141,428,582 | $34,550,743 |
San Francisco Pretrial Diversion Project San Francisco, CA | $1,963,286 | $8,653,584 |
Elizabeth R & William J Patterson Foundation San Anselmo, CA | $0 | $2,038,322 |
Quest Foundation Danville, CA | $120,069,342 | $12,892,793 |
S Mark Taper Foundation Los Angeles, CA | $110,679,604 | $17,411,120 |
Moreno Family Foundation Phoenix, AZ | $117,327,204 | $12,846,787 |
William S And Nancy E Thompson Foundation Newport Beach, CA | $84,169,133 | $9,975,811 |
The Lakeview Foundation Greenbrae, CA | $2,321,091 | $1,301,410 |