Block Foundation Inc
- Assets
- $216.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ontario, CA
- Founding
- Data as of
- 12/2022
- EIN
- 87-2120427
Organization Overview
Block Foundation Inc is located in Ontario, CA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Block 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, Block Foundation Inc generated $1.3k 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 (56.5%) each year. All expenses for the organization totaled $1.8k during the year ending 12/2022. 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
AIDING IN THE ECONOMIC DEVELOPMENT OF THE COMMUNITY BY MEANS OF RAISING MONEY AND ISSUING SMALL GRANTS TO INDIVIDUALS WHO WANT TO START A SMALL BUINESS BUT DO NOT HAVE THE INITIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adryan Lado Secretary | 0 | $0 | |
Martine Lado CEO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,300 |
| 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 | $1,300 |
| 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 | $733 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $248 |
| Total expenses | $1,781 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $216 |
| Other assets | $0 |
| Total assets | $216 |
| Total liabilities | $0 |
| Net assets or fund balances | $216 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eat Learn Play Foundation Oakland, CA | $9,809,770 | $13,607,001 |
Cilhaas Supporting Foundation Alameda, CA | $0 | $0 |
Jacquie Foundation Incline Village, NV | $0 | -$1,353,234 |
Patricia And Paul Bragg Foundation Santa Barbara, CA | $96,344,460 | $2,462,516 |
Devto Support Foundation Newport Beach, CA | $95,101,323 | $1,275,327 |
Rodan & Fields Prescription For Change Foundation San Francisco, CA | $4,001,646 | $2,863,722 |
Mz Foundation San Francisco, CA | $44,105,186 | $1,119,650 |
Northridge Hospital Foundation Northridge, CA | $34,105,593 | $7,650,276 |
Ares Charitable Foundation Los Angeles, CA | $1,939,560 | $4,941,400 |
Kickstart-International Inc San Francisco, CA | $2,914,989 | $3,617,349 |
University Of Guadalajara Foundation In The United States Of Los Angeles, CA | $8,274,391 | $1,984,726 |
Saddleback Memorial Foundation Laguna Hills, CA | $173,885,184 | $12,310,516 |