Coral Mountain Foundation Inc is located in Palm Desert, CA. 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. Coral Mountain Foundation Inc 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 12/2022, Coral Mountain Foundation Inc generated $37.4k 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 (26.0%) each year. All expenses for the organization totaled $21.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (27.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PASSED OUT MEALS TO MOUNTAINVIEW, SUNBIRD AND OASIS COMMUNITIES THROUGH SUGGESTIONS OF VARIOUS ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Josh Grossman Executive Director | 5 | $0 | |
Ariana Grossman Director | 1 | $0 | |
Dean Koulouras Director | 1 | $0 | |
Miguel Rascon Director | 3 | $0 | |
Eri Campos Director | 10 | $0 | |
Chris Koularous Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $37,387 |
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 | $37,387 |
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 | $6,996 |
Occupancy, rent, utilities, and maintenance | $2,444 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,974 |
Total expenses | $21,414 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $54,689 |
Other assets | $0 |
Total assets | $133,089 |
Total liabilities | $69,780 |
Net assets or fund balances | $63,309 |