Gemstones Collective Inc
- Assets
- $1.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 09/2019
- Data as of
- 12/2023
- EIN
- 84-3063802
Organization Overview
Gemstones Collective Inc is located in Los Angeles, CA. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gemstones Collective Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
AFTER SCHOOL TUTORING AND EMPOWERMENT PROGRAMS;PAID SUMMER INTERNSHIPS, AND FINANCIAL LITERACY WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorraine Bingham President | 2 | $0 | |
Rhonda Shain Board Treasurer | 2 | $0 | |
Marsheila Sharber Board Secretary | 2 | $0 | |
Ernest Simms Board Member | 2 | $0 | |
Tara Parham Executive Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $75,000 |
| Occupancy, rent, utilities, and maintenance | $18,775 |
| Printing, publications, postage, and shipping | $200 |
| Other expenses | $0 |
| Total expenses | $93,975 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,025 |
| Other assets | $0 |
| Total assets | $1,025 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,025 |