Malibu Foundation For Youth And Families
- Assets
- $1.8m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 42
- Location
- Los Angeles, CA
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 95-4774844
Organization Overview
Malibu Foundation For Youth And Families is located in Los Angeles, CA. The organization was established in 2000. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Malibu Foundation For Youth And Families employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Malibu Foundation For Youth And Families 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, Malibu Foundation For Youth And Families generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 38.0% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 20.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AFTER SCHOOL PROGRAMS AND ACTIVITIES FOR THE YOUTH AND FAMILIES LOCATED IN THE GREATER MALIBU, CALIFORNIA AREA THROUGH A YOUTH CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SET UP AND FUND AFTER SCHOOL PROGRAMS FOR AGES 6-18 INCLUDING EDUCATIONAL, ATHETIC, ARTS AND SOCIAL ACTIVITIES, NOW INCLUDES MALBU HIGH SCHOOL, WEBSTER ELEMENTARY SCHOOL, AND MALIBU ELEMENTARY SCHOOL. MALIBU FOUNDATION FOR YOUTH AND FAMILIES PROVIDES 32 HOURS OF CARE BEFORE AND AFTER SCHOOL WEEKLY. 1,400 CHILDREN ARE IMPACTED ANNUALLY.
MALIBU FOUNDATION FOR YOUTH AND FAMILIES PARTNERED WITH WAVSIDE CHURCH TO DISTRIBUTE AND DELIVER FREE GROCERIES AND FOLL PANTRY ITEMS TO MALIBU SENIORS AND VULNERABLE FAMILIES WEEKLY.
A MULTI-FACET PROGRAM, THE WELLNESS CENTER, OFFERS SOCIAL AND EMOTIONAL CURRICULUMS, STAFF TRAINING AND ON-SITE SOCIAL WORK INTERNS (FROM USC AND UCLA) TO ENSURE THE SAFETY AND OVERALL WELL-BEING OF THE YOUTH IN BOYS & GIRLS CLUB COMMUNITITIES. THE WELLNESS CENTER CONSISTS OF A DEDICATED GROUP OF VOLUNTEERS WITH BACKGROUNDS IN COUNSELING, PSYCHIATRY AND LIFE COACHING, PROVIDES WELLNESS SERVICES TO MALIBU YOUTH. 700 YOUTH ARE SERVED ANNUALLY THROUGH THE SOCIAL AND WELLNESS PROGRAM.
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 |
|---|---|---|---|
Kasey Earnest Chief Prof Off | Officer | 40 | $117,612 |
Debbie Frank Director/past Pres | OfficerTrustee | 10 | $0 |
Monica Lurey Director/secretary | OfficerTrustee | 5 | $0 |
Todd Doyle Director | Trustee | 5 | $0 |
Sally Phillips Director | Trustee | 5 | $0 |
Mona Sabet Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $240,425 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,169,822 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,103,160 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,513,407 |
| Total Program Service Revenue | $0 |
| Investment income | $25 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $363,682 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,877,114 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $512,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,612 |
| Compensation of current officers, directors, key employees. | $47,045 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,086,629 |
| Pension plan accruals and contributions | $19,800 |
| Other employee benefits | $96,056 |
| Payroll taxes | $127,540 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,051 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,843 |
| Advertising and promotion | $16,544 |
| Office expenses | $27,046 |
| Information technology | $19,118 |
| Royalties | $0 |
| Occupancy | $13,607 |
| Travel | $4,466 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $615 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,575 |
| Insurance | $32,013 |
| All other expenses | $20,402 |
| Total functional expenses | $2,339,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,791,282 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $28,504 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,819,786 |
| Accounts payable and accrued expenses | $57,328 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $57,328 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,762,458 |
| Total liabilities and net assets/fund balances | $1,819,786 |
Grants Awarded
Over the last fiscal year, Malibu Foundation For Youth And Families has awarded $61,175 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS COMMUNITY CHARITABLE ORGANIZATIONS PURPOSE: FUNDING FOR YOUTH ACTIVITIES IN GREATER MALIBU AREA | $58,000 |
MALIBU ELEMENTARY & HIGH SCHOOLS PURPOSE: FUNDING OF MALIBU HS SCHOLARSHIPS BY MALIBU HIGH SCHOOL ADMINISTRATION, STEM PROGRAM AND ELEMENTARY ENRICHMENT PROGRAMS | $3,175 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Malibu Foundation For Youth And Families has recieved totaling $106,643.
| Awarding Organization | Amount |
|---|---|
Boys & Girls Clubs Of America Atlanta, GA PURPOSE: Support BGCA Program | $56,245 |
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $26,257 |
Jamestown Foundation Inc Atlanta, GA PURPOSE: TO HELP PROVIDE AFTERSCHOOL ACTIVITIES | $10,000 |
Boys & Girls Clubs Of America Atlanta, GA PURPOSE: Support BGCA Program | $9,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $5,141 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodcraft Rangers Los Angeles, CA | $7,179,034 | $18,872,695 |
Californians Dedicated To Education Foundation San Francisco, CA | $5,632,923 | $12,853,124 |
Coalition For Responsible Community Development Los Angeles, CA | $20,510,086 | $22,552,371 |
Young Community Developers San Francisco, CA | $10,175,438 | $17,514,811 |
Community Youth Center Of San Francisco San Francisco, CA | $17,880,445 | $17,282,098 |
Kupu Honolulu, HI | $10,299,309 | $11,230,476 |
Kids Unlimited Of Oregon Medford, OR | $20,008,929 | $11,933,756 |
Hunters Point Family San Francisco, CA | $3,079,045 | $12,434,856 |
Alliance For A Healthier Generation Inc Portland, OR | $19,826,978 | $16,732,492 |
Conservation Corps Of Long Beach Long Beach, CA | $9,166,980 | $11,871,279 |
We Hope East Palo Alto, CA | $4,717,112 | $7,572,079 |
San Francisco City Impact San Francisco, CA | $1,094,213 | $7,113,381 |