Yari Family Foundation
- Assets
- $469.2k
- Revenue
- $205.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-6560046
Organization Overview
Yari Family Foundation is located in Los Angeles, CA. The organization was established in 2019. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, 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. Yari Family 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, Yari Family Foundation generated $205.0k 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 (12.3%) each year. All expenses for the organization totaled $35.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (48.9%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Yari Co-Trustee | 0.05 | $0 | |
Steven Yari Co-Trustee | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $205,000 |
| Interest on Savings | $12 |
| 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 | $205,012 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,439 |
| Contributions, gifts, grants paid | $32,000 |
| Total expenses and disbursements | $35,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,511 |
| Savings and temporary cash investments | $188,680 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $469,191 |
| 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, Yari Family Foundation has awarded $32,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THE WOMEN'S CLINIC PURPOSE: CHARITABLE - PUBLIC | $10,000 |
WOMEN'S INTERNATIONAL ZIONIST FOUNDATION PURPOSE: CHARITABLE - PUBLIC | $10,000 |
THE CANCER RESEARCH FOUNDATION PURPOSE: CHARITABLE - PUBLIC | $5,000 |
WEST LOS ANGELES POLICE AND COMMUNITY TOGETHER PURPOSE: CHARITABLE - PUBLIC | $5,000 |
THE HOPE FOUNDATION PURPOSE: CHARITABLE - PUBLIC | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Employees Charity Organization Redondo Beach, CA | $0 | $1,994,231 |
Operating Engineers Industry Stabil Ization Trust Fund Alameda, CA | $275,534 | $1,101,204 |
Oregon Chinese Coalition Beaverton, OR | $518,934 | $836,117 |
Givingfund Oakland, CA | $271,838 | $241,989 |
501 Collective Lake Oswego, OR | $16,006 | $0 |
Hyojin Kim Nirav Patel Foundation Inc San Francisco, CA | $1,720,069 | $74,528 |
Gallic Foundation Inc Berkeley, CA | $968,181 | $199,585 |
Yari Family Foundation Los Angeles, CA | $469,191 | $205,012 |
Nick Of Time Project Inc Glendale, CA | $5,826 | $0 |
Chris & Karen Chen Foundation San Ramon, CA | $103,476 | $3,852 |
Duchen Foundation Castro Valley, CA | $108,284 | $51,275 |
Stewardship Of The Commons Foundation Berkeley, CA | $2,990 | $3,000 |