Shopmonkey Foundation

Organization Overview

Shopmonkey Foundation is located in Campbell, CA. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Shopmonkey Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shopmonkey 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 06/2022, Shopmonkey Foundation generated $323.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $511.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SINCE 2019, MAINTENANCE FOR MOMS HAS BEEN DEDICATED TO ASSISTING SINGLE MOMS BY PROVIDING FREE VEHICLE REPAIRS IN SANTA CLARA COUNTY. WE HAVE GROWN FROM A DREAM TO A NONPROFIT ORGANIZATION. WE BUILT A TEAM AND DEVELOPED AN EASY PROCESS FOR SINGLE MOMS TO APPLY FOR FREE VEHICLE REPAIR. WE HAVE ALSO PURCHASED SEVERAL NEW CARS AND DONATED VEHICLES TO MOMS WHOSE VEHICLES WERE NOT WORTH REPAIRING. THIS YEAR WE HAVE HAD 197 APPLICATIONS, REPAIRED 95 CARS, PURCHASED 15 NEW/USED CARS AND ENDED THE FISCAL YEAR WITH 6 APPLICATIONS IN PROCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CAR REPAIRS. THIS YEAR AT MAINTENANCE FOR MOMS WE WERE ABLE TO REPAIR 95 VEHICLES FOR SINGLE MOMS WHOSE CARS WERE IN NEED OF MAINTENANCE AND REPAIR IN ORDER TO GET TO WORK AND THEIR CHILDREN TO SCHOOL AND DAY CARE. THE AVERAGE COST FOR A VEHICLE REPAIR WAS $1,444.


NEW CARS FOR CLIENTS. THIS YEAR AT MAINTENANCE FOR MOMS WE WERE ABLE TO PURCHASE 15 NEW (USED) VEHICLES FOR SINGLE MOMS WHOSE CARS WERE NOT WORTH REPAIRING AND ARE NEEDED TO GET TO WORK AND THEIR CHILDREN TO SCHOOL AND DAY CARE. THE AVERAGE COST FOR A VEHICLE WAS $6,977.


RESOURCES FOR MOMS. THIS YEAR WE PROVIDED RESOURCES (BOOKS, GAS GIFT CARDS, ESSENTIAL TOILETRY ITEMS) TO 106 SINGLE MOMS AS THEY ENTERED OUR PROGRAM FOR CAR MAINTENANCE. THIS IS AN ADDED WAY THAT WE PROVIDE FOR OUR CLIENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Annie Iskandarian
VP & Founder
$0
Kathryn Grazian
Executive Dir.
$0
Travis Brown
Board Treasurer
$0
Ashot Iskandarian
Board President
$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$323,279
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$323,279
Total Program Service Revenue$0
Investment income $0
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 $323,279

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Shopmonkey Foundation has recieved totaling $268,477.

Awarding OrganizationAmount
Love Thy Neighbor Too

Alpharetta, GA

PURPOSE: POVERTY

$250,000
Frontstream Global Fund

Alexandria, VA

PURPOSE: Use by the organization's general fund

$11,322
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: POVERTY

$7,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$155
View Grant Recipient Profile

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