Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “To incubate and support projects that are bold, inspiring, visionary and for betterment of humanity. to promote community participation/improvement and educational awareness.”.

When explaining its duties, they were described as: “Incubate & support projects of art, architecture,technology & engineering for community participation/ improvement and educational awareness”.

• The state in which the non-profit is authorized to operate legally is CA.
• According to the filing, the address of the non-profit for the year 2020 is 12 24TH AVE APT 8, VENICE, CA, 90291.
• The non-profit has reported 0 employees on their form for the year 2020.
• The non-profit has loans as of 2020.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor advised fund.
• Is not a private foundation.
• Expenses are between $500,000 and $1,000,000+.
• Revenue is between $250,000 and $500,000.
• Revenue less expenses is -$323,947.
• The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
• The organization has 2 independent voting members.
• The organization was formed in 2014.
• The organization is required to file Schedule B.
• The organization is required to file Schedule O.
• The organization pays $0 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.