Summerfest
- Assets
- $209.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rancho Murieta, CA
- Founding
- 11/2005
- Data as of
- 02/2022
- EIN
- 87-0723212
Organization Overview
Summerfest is located in Rancho Murieta, CA. The organization was established in 2005. 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. Summerfest 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 02/2022, Summerfest generated $46.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.7%) each year. All expenses for the organization totaled $51.0k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 7 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
TO PROVIDE FUNDING TO VARIOUS COMMUNITY, RECREATIONAL AND SOCIAL EVENTS AND ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Luman-Carrillo President | 0 | $0 | |
Michael F Martel CFO | 1 | $0 | |
Chloe Carrillo Secretary | 1 | $0 | |
Jasmine Schmelz Director | 1 | $0 | |
Lori Ogden Board Member | 1 | $0 | |
Sid Williams Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,527 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $45 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,572 |
| 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 | $2,560 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,391 |
| Total expenses | $50,951 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $203,476 |
| Other assets | $0 |
| Total assets | $209,476 |
| Total liabilities | $0 |
| Net assets or fund balances | $209,476 |
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