Community Charities EIN 33-0666643

Community Charities FY2020 filing

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Raises funds for community charities through bingo games. For fiscal year 2020 it reported $-493K in revenue, $700K in expenses, and $119K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Danville, CA
Filings
3 on file (2019–2020)
Revenue
$-493KFY2020
Expenses
$700K
Net assets
$119K
People
1
Filings
3
Updates
0
More identity details & actions ⌄
EIN  33-0666643 Public foundation / grantmaker Danville, CA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →
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Size
<$100K
What they do
Raises funds for community charities through bingo games.
Leadership
Tiffany Abels · President
Money in and out
$-493K revenue, $700K expenses
Bottom line
4% program efficiency
Grants paid & assets · FY2020
Total revenue
$-493K
Pt VIII · Ln 12
Total expenses
$700K
Pt IX · Ln 25
Net assets
$119K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$1.2M
Where spending went · Part IX cols B–D
Program services $0.04 Management & general $0.96
Program efficiency
4%
of spending reaches programs
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate
Goes to people
0%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$-493K
FY2020▼ -154%
Expenses
$700K
FY2020▼ -40%
Total assets
$119K
FY2020▼ -86%
Total liabilities
$0
FY2020
Total revenue
$-493K
Pt VIII · Ln 12
Total expenses
$700K
Pt IX · Ln 25
Net assets
$119K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$1.2M
Total assetsPt X · Ln 16$119K
Program-expense ratioPt IX · col B4%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $30K of program spending, described in the organization's own filed words · FY2020.
01

In 2020, community charities continued to raise money for worthy bay area charities through its bingo games. Organizations that received donations included community outreach, schools and youth sports.

$30Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCommunity Charities
EINHdr · item D33-0666643
Principal addressHdr · item CDanville, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFJul 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
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Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.04 Management & general $0.96
Program services4%$30K
Management & general96%$670K
Total functional expensesLn 25$700K

Balance Sheet

Part X · end of year
CashLn 1$119K
Total assetsLn 16$119K
Total liabilitiesLn 26$0
Total net assetsLn 32$119K
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $119K · Operating expenses/yr $700K
2.0 months
Where the money goes
Program services
Program services $30K · Total expenses $700K
4%
Management & General
Management & general $670K · Total expenses $700K
96%
Fundraising
Fundraising $0 · Total expenses $700K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $-493K
Government reliance
Government grants — · Total revenue $-493K
Earned-income share
Program service revenue $0 · Total revenue $-493K
Investment reliance
Investment income $0 · Total revenue $-493K
Program self-sufficiency
Program service revenue $0 · Total expenses $700K
0%
Growth & trend
Revenue growth (YoY)
This year $-493K · Prior year $919K
-154%
Net-asset trend (YoY)
End of year $119K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $-493K · Expenses $700K
Liabilities-to-Assets
Total liabilities — · Total assets $119K
Net-asset ratio
Net assets $119K · Total assets $119K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $119K
0%
People & payroll
Highest Reported Total Compensation
Individual Tiffany Abels · Reported title President · Highest reported compensation $0 · Total expenses $700K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $700K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 4%
Overhead ratio 96%
Revenue growth -154%
Investment management fee ratio 0%
Legal fee ratio 9%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 9 grants · $1.2M · 2019–2022
Sogorea Te Land TrustCA · FY2022$20,000
Oakland Ballet CompanyCA · FY2020$15,000
Oakland Fund for Public InnovFY2019$25,000
Safer Diy Spaces INCCA · FY2019$20,000
Code for AmericaFY2019$6,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2022 (Latest)$1.3M revenue · ⤓ 990 PDF
FY2021not on file
FY2020$-493K revenue · viewing · ⤓ 990 PDF
FY2019$919K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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