Effort Initiative Corporation is located in Oakland, CA. The organization was established in 2019. 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. Effort Initiative Corporation 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, Effort Initiative Corporation generated $370.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $22.1k during the year ending 12/2021. While expenses have increased by 21.8% per year over the past 4 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $350,500 |
Interest on Savings | $0 |
Dividends & Interest | $12,545 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $7,467 |
Capital Gain Net Income | $7,467 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $39 |
Total Revenue | $370,551 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $105 |
Depreciation | $253 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $4,116 |
Total operating and administrative expenses | $5,934 |
Contributions, gifts, grants paid | $16,124 |
Total expenses and disbursements | $22,058 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $57,370 |
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 | $380 |
Other assets | $0 |
Total assets | $1,005,602 |
Accounts payable and accrued expenses | $6,613 |
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 | $6,613 |
Over the last fiscal year, Effort Initiative Corporation has awarded $16,124 in support to 15 organizations.
Grant Recipient | Amount |
---|---|
DUBLIN SENIOR CENTER PURPOSE: CONTRIBUTION TO GENERAL FUND | $7,420 |
BISHOP O'DOWD PURPOSE: CONTRIBUTION TO GENERAL FUND | $2,300 |
San Dimas, CA PURPOSE: CONTRIBUTION TO GENERAL FUND | $1,000 |
Oakland, CA PURPOSE: CONTRIBUTION TO GENERAL FUND | $1,000 |
Santa Cruz, CA PURPOSE: CONTRIBUTION TO GENERAL FUND | $1,000 |
ALAMEDA COUNTY COMMUNITY FOOD BANK PURPOSE: CONTRIBUTION TO GENERAL FUND | $1,000 |
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 |