Bay Area Faneurs
- Assets
- $5.6m
- Revenue
- $303.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Pinole, CA
- Founding
- 11/2019
- Data as of
- 12/2022
- EIN
- 83-3109701
Organization Overview
Bay Area Faneurs is located in Pinole, CA. The organization was established in 2019. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2022, Bay Area Faneurs employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Area Faneurs is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Bay Area Faneurs generated $303.3k 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 (51.0%) each year. All expenses for the organization totaled $222.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FORMED IN 2018, BAY AREA FANEURS CONDUCTS ACTIVITIES AS A CALIFORNIA NONPROFIT MUTUAL BENEFIT CORPORATION ORGANIZED UNDER IRC SEC 501(C)(4). THE CORPORATION'S CONDUCT AND ACTIVITY PURPOSES SHALL BE:1) PROMOTE THE SOCIAL CULTURAL AND INTELLECTUAL WELFARE OF MEMBERS AND THEIR FAMILIES, AS WEL AS TO ADVANCE COMMON INTERESTS IN FRENCH HERITAGE, CULTURE AND CUSTOMS; 2) PERFORM AND ORGANIZE SOCIAL AND CULTURAL EVENTS AND FUNCTIONS FOR THE FRENCH-AMERICAN COMMUNITY OF SAN FRANCISCO AND THE BY AREA, INVOLVING THE MEMBERS AND THEIR FAMILIES; 3) SUPPORT FRENCH-AMERICAN TAX EXEMPT ORGANIZATIONS TO PROMOTE FRENCH EDUCATION, CULTURE, AND/OR CUSTOMS AND 4) ORGANIZE CULTURAL AND SOCIAL EVENTS FOR ITS MEMBERS AND THE COMMUNITY AT LARGE TO PROMOTE FRENCH EDUCATION, CULTURE, AND/OR CUSTOMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. DONATION TO CHARITABLE ORGANIZATIONS RELATING TO THE EDUCATION OF FRENCH AND BASQUE CULTURE AND ASSOCIATED LANGUAGE.2. SCHOLASTIC ASSISTANCE TO STUDENTS HAVING FRENCH CULTURAL TIES WITH THE ORGANIZATION. 3. SPONSORSHIP IN THE CELEBRATION OF FRENCH NATIONAL CULTURAL HOLIDAYS SUCH AS BASTILLE DAY. 4. FUNDING TO FRENCH PEOPLE IN NEED OF MEDICAL AND LIVING ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Segalas-Head CEO | Officer | 1 | $0 |
Jean Pierre Cabalette Secretary | Officer | 1 | $11,400 |
Colby S Laplace Treasurer | Officer | 1 | $13,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,208 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $37,026 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,234 |
| Total Program Service Revenue | $0 |
| Investment income | $256,646 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $303,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $26,250 |
| Grants and other assistance to domestic individuals. | $11,006 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $24,600 |
| Compensation of current officers, directors, key employees. | $12,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,386 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,440 |
| Fees for services: Accounting | $2,566 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,476 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,158 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,835 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $556 |
| All other expenses | $0 |
| Total functional expenses | $222,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,012 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,481,830 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,993 |
| Total assets | $5,633,835 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $528 |
| Total liabilities | $528 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $5,633,307 |
| Total liabilities and net assets/fund balances | $5,633,835 |
Grants Awarded
Over the last fiscal year, Bay Area Faneurs has awarded $35,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FRANCAISE SAN FRANCISC PURPOSE: VIDEO CONFERENCING FOR ONE CLASS ROOM TECHNOLOGY SET UP COST | $6,000 |
BASQUE EDUCATIONAL ORGANIZATION PURPOSE: DONATION FOR SUMMER EDUCATION CAMP | $3,500 |
BASTILLE DAY CELEBRATION PURPOSE: DEMANDE DE PARRAINAGE POUR BASTILE DAY 2021 | $5,000 |
BCC CORONA VIRUS EMPLOYEE ASSIS PURPOSE: MULTIPLE PROGRAMS | $15,000 |
FRANCOPHONE CHARTR SCHL OAKLAND PURPOSE: DONATION TO FREE FRENCH CLASSES TO KIDS IN OAKLAND CHARTER SCHOOL | $1,000 |
RESEAU MAIN DANS LA MAIN PURPOSE: SUPPORT FRENCH CITIZENS IN DISTRESS | $1,000 |