Coral Mountain Foundation Inc
- Assets
- $117.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Desert, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-0676412
Organization Overview
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 12/2021, Coral Mountain Foundation Inc generated $60.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (19.5%) each year. All expenses for the organization totaled $48.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PASSED OUT MEALS TO MOUNTAINVIEW, SUNBIRD AND OASIS COMMUNITIES THROUGH SUGGESTIONS OF VARIOUS ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josh Grossman Executive Director | 20 | $0 | |
Dean Koulouras Director | 1 | $0 | |
Eri Campos Director | 15 | $0 | |
Ariana Grossman Director | 1 | $0 | |
Miguel Rascon Director | 3 | $0 | |
Chris Koulouras Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,945 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,952 |
| 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 | $4,486 |
| Occupancy, rent, utilities, and maintenance | $6,584 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,416 |
| Total expenses | $48,486 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,843 |
| Other assets | $0 |
| Total assets | $117,243 |
| Total liabilities | $69,907 |
| Net assets or fund balances | $47,336 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Coral Mountain Foundation Inc has recieved totaling $17.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $17 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bayview Hunters Point Foundation San Francisco, CA | $2,481,067 | $10,177,517 |
Price Charities La Jolla, CA | $164,280,959 | $10,990,716 |
The A21 Campaign Inc Santa Ana, CA | $5,387,763 | $11,083,951 |
Mind Oc Irvine, CA | $53,343,760 | $16,090,055 |
Pomeroy Recreation And Rehabilitation Center San Francisco, CA | $31,085,839 | $13,480,522 |
University Muslim Medical Association Inc Los Angeles, CA | $12,401,964 | $10,854,261 |
Friendly House Inc Phoenix, AZ | $7,870,507 | $9,211,511 |
St Vincent De Paul Society San Rafael, CA | $12,909,798 | $10,000,754 |
Safe Place For Youth Marina Del Rey, CA | $3,604,581 | $8,768,590 |
Marthas Kitchen San Jose, CA | $10,899,790 | $10,032,093 |
Ho Ola Lahui Hawaii Lihue, HI | $5,116,991 | $9,754,999 |
Community Action Of Napa Valley Napa, CA | $6,369,464 | $9,725,210 |