Phantasos Foundation
- Assets
- $27.5m
- Revenue
- $1.8m
- Investments
- $27.1m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 07/2012
- Data as of
- 12/2022
- EIN
- 90-0658941
Organization Overview
Phantasos Foundation is located in Los Angeles, CA. The organization was established in 2012. 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. Phantasos Foundation 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, Phantasos Foundation generated $1.8m 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 (21.4%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edwin Solot Jr Pres/dir/chair | 20 | $150,000 | |
Fusako Phares Treasurer | 5 | $15,000 | |
Judith Kieffer Director | 2 | $7,500 | |
Kenneth Feingold Director | 2 | $7,500 | |
Kyle Reis Director | 2 | $7,500 | |
Robert Serlin Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $457 |
| Dividends & Interest | $1,338,863 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $213,752 |
| Capital Gain Net Income | $213,752 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $291,008 |
| Total Revenue | $1,844,080 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $187,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,963 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $14,749 |
| Printing and publications | $0 |
| Other expenses | $4,901 |
| Total operating and administrative expenses | $244,213 |
| Contributions, gifts, grants paid | $763,250 |
| Total expenses and disbursements | $1,007,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,605 |
| Savings and temporary cash investments | $250,477 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,546 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $27,116,360 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $106,000 |
| Total assets | $27,523,988 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $75,685 |
| Total liabilities | $75,685 |
Grants Awarded
Over the last fiscal year, Phantasos Foundation has awarded $763,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FIDELITY CHARITABLE FUND PURPOSE: GENERAL SUPPORT | $700,000 |
SCHWAB CHARITABLE PURPOSE: GENERAL SUPPORT | $63,250 |