Microenterprise Collaborative Of Inland Southern California
- Assets
- $311.2k
- Revenue
- $85.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Fontana, CA
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-3903493
Organization Overview
Microenterprise Collaborative Of Inland Southern California is located in Fontana, CA. The organization was established in 2019. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Microenterprise Collaborative Of Inland Southern California 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, Microenterprise Collaborative Of Inland Southern California generated $85.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (27.8%) each year. All expenses for the organization totaled $235.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AND SUSTAIN BUSINESSES AND JOBS THROUGH MICRO-BUSINESS DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS WERE PROVIDED TO SMALL BUSINESS AGENCIES THE 4TH QUARTER OF 2021 FOR PROGRAM PERFORMANCE IN 2021. THE EXPECTED OUTCOMES OF THESE GRANTS INCLUDING BUSINESS IMPROVEMENTS IN THE CITY OF SAN BERNARDINO INCLUDING 1500 INDIVIDUALS RECEIVING SMALL BUSINESS TRAINING AND COUNSELING. THIS WILL RESULT IN THE CREATION OF 60 NEW BUSINESSES, 65 NEW JOBS, AND $750,000 IN CAPITAL. PUBLIC EDUCATION, MARKETING, AND OUTREACH TO ENCOURAGE SMALL BUSINESS OWNERS TO ACCESS BUSINESS RESOURCES AND CAPITAL IN ORDER TO GROW THEIR BUSINESSES. 11,353 INDIVIDUALS RECEIVED BUSINESS TRAINING, 4,235 RECEIVED BUSINESS COUNSELING, 21,208 JOBS WERE CREATED AND SUPORTED INTHE REGION. IN ADDITION, SMALL BUSINESS CDFIS HELPED 1,025 BUSINESSES ACCESS $34,340,866 IN CAPITAL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Marshall Executive Dir. | Officer | 20 | $69,816 |
Michelle Skiljan Chairman | OfficerTrustee | 1 | $0 |
Brandon Sellers Treasurer | Trustee | 1 | $0 |
Michael Gialluly Secretary | Trustee | 1 | $0 |
Stacey Sanchez Director | Trustee | 1 | $0 |
Lindsay Chung Director | Trustee | 1 | $0 |
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 | $85,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,300 |
| Total Program Service Revenue | $0 |
| Investment income | $47 |
| 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 | $85,347 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $39,600 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $72,425 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $59,501 |
| Office expenses | $2,673 |
| Information technology | $16,241 |
| 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 | $6,748 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,047 |
| All other expenses | $0 |
| Total functional expenses | $235,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,216 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $311,216 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $311,216 |
| Total liabilities and net assets/fund balances | $311,216 |
Grants Awarded
Over the last fiscal year, Microenterprise Collaborative Of Inland Southern California has awarded $44,600 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
San Bernardino, CA PURPOSE: Small Business Development | $25,000 |
UNIVERSITY ENTERPRISE CORP PURPOSE: Small Business Development | $19,600 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Microenterprise Collaborative Of Inland Southern California has recieved totaling $225,000.
| Awarding Organization | Amount |
|---|---|
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $225,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
U C San Diego Foundation La Jolla, CA | $1,658,962,820 | $199,905,173 |
California State University Fresno Foundation Fresno, CA | $305,581,286 | $82,049,002 |
University Of Hawaii Foundation Honolulu, HI | $548,406,506 | $76,733,850 |
University Corporation At Monterey Bay Seaside, CA | $199,917,843 | $49,155,763 |
San Jose State University Research Foundation San Jose, CA | $57,091,451 | $53,661,013 |
University Of Nevada-Reno Foundation Reno, NV | $310,760,494 | $35,673,494 |
The U C Davis Foundation Davis, CA | $716,342,130 | $110,976,640 |
Southwestern Law School Los Angeles, CA | $126,801,745 | $54,692,632 |
Associated Students Ucla Los Angeles, CA | $54,580,827 | $39,327,069 |
Csu Fullerton Auxiliary Services Corporation Fullerton, CA | $104,352,109 | $45,637,535 |
New Schools Fund Oakland, CA | $55,397,321 | $41,218,694 |
Chico State Enterprises Chico, CA | $47,170,077 | $46,861,327 |