Nonprofit · EIN 51-0159900
CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION
Tax-exempt · SACRAMENTO, CA 95812
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $365,791 | $533,690 | -$167,899 | $296,553 | $40,000 | $256,553 |
| December 31, 2023 | 990 | $585,503 | $269,318 | $316,185 | $424,452 | $0 | $424,452 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $250,000
- Program service revenue
- $115,788
- Investment income
- $3
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,175
- Travel
- $14,542
- Program services (functional)
- $530,212
- Management and general (functional)
- $3,478
Balance sheet and other
- Total assets, start of year
- $424,452
- Total assets, end of year
- $296,553
- Total liabilities, end of year
- $40,000
- Net assets, end of year
- $256,553
- Net assets without donor restrictions
- $57,224
- Net assets with donor restrictions
- $199,329
- Gross receipts
- $365,791
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1952
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JENNIFER BARRERA | DIRECTOR Officer | 0.5 | $0 | $945,858 | $74,086 |
| ANA GRETEL TORTOLANI | TREASURER Officer | 0.5 | $0 | $415,312 | $35,604 |
| LOREN KAYE | PRESIDENT Officer | 20 | $0 | $342,186 | $78,818 |
| NICOLE WASYLKIW | SECRETARY Officer | 0.5 | $0 | $226,122 | $51,717 |
| GREGORY BIELLI | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| JANET LIANG | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| MARYAM BROWN | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| JOHN STOWELL | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| FRANK WASHINGTON | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| FIONA HUTTON | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| JENNIFER HALEY | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| KAILESH KARAVADRA | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| SETH OSTER | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| DONNA LUCAS | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JENNIFER BARRERA | DIRECTOR Officer | 0.5 | $0 | $891,735 | $65,938 |
| LOREN KAYE | PRESIDENT Officer | 20 | $0 | $340,777 | $71,881 |
| ANA GRETEL TORTOLANI | TREASURER Officer | 0.5 | $0 | $363,107 | $45,994 |
| NICOLE WASYLKIW | SECRETARY Trustee or director | 0.5 | $0 | $217,273 | $22,253 |
| GREGORY BIELLI | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| JANET LIANG | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| MARYAM BROWN | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| JOHN STOWELL | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| SUSAN CORRALEZ-DIAZ | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| JOHN BOYLE | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| STUART WOOLF | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| KAILESH KARAVADRA | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| SIMA PATEL | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| DONNA LUCAS | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1736, SACRAMENTO, CA 95812-1736
- Principal officer (990 for 2024)
- LUIS QUINONEZ, PO BOX 1736, SACRAMENTO, CA 958121736
- Signed the 990
- LUIS QUINONEZ, PRESIDENT
- Phone
- (916) 444-6670
- Website
- WWW.CFCEPOLICY.ORG
- Return prepared by
- GILBERT CPAS
California records
California keeps its own records of charities and corporations. Search them by EIN 51-0159900 or by the name CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE ORGANIZATION CARRIES OUT ITS EXEMPT PURPOSE BY EDUCATING THE PUBLIC AND POLICYMAKERS ON PRIVATE ENTERPRISE AND A STRONG ECONOMIC BASE; IMPARTIAL AND OBJECTIVE RESEARCH AND ANALYSIS OF PUBLIC POLICY ISSUES; EDUCATION AND OUTREACH EFFORTS IN SUPPORT OF RESEARCH AND PUBLIC POLICY FINDINGS AND RECOMMENDATIONS.
Program accomplishments
- TECHNOLOGY POLICY RESEARCH: RESEARCH AND ANALYSIS OF THE IMPACT OF ANTITRUST LEGISLATION ON THE DEVELOPMENT OF NEW TECHNOLOGIES SUCH AS ARTIFICIAL INTELLIGENCE.Expenses $350,360
- KAISER CAPITOL IMPACT: PROVIDE SUPPORT FOR THE IMPLEMENTATION OF THE PROMISE TO CAREER CONSTRUCTION SCHOLARSHIP PROGRAM AT LOS RIOS COMMUNITY COLLEGE DISTRICT, THE PREFERRED TALENT PROVIDER THAT SERVES THE HEALTH CARE CONSTRUCTION COLLABORATIVES PRIORITY POPULATIONS. THE SCHOLARSHIP HAS SUPPORTED MORE THAN 50 INDIVIDUALS SINCE ITS INCEPTION.Expenses $111,250 · revenue $115,000
- DIGITAL JOURNALISM PROJECT: ANALYSIS OF THIS POLICY, ECONOMIC AND COMPETITIVENESS IMPLICATIONS OF PROPOSALS TO CONSTRAIN THE ABILITY OF TECHNOLOGY PLATFORMS TO DISTRIBUTE OR LINK TO JOURNALISM PRODUCED BY NEWS MEDIA BASED IN CALIFORNIA.Expenses $68,602 · revenue $788
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0159900
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1976
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T11)
- Assets (IRS master file)
- $296,553
- Income (IRS master file)
- $365,791
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $365,791 | $533,690 | $296,553 | XML |
| 990 | December 2023 | $585,503 | $269,318 | $424,452 | XML |
| 990 | December 2022 | $231,403 | $219,486 | $108,267 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0159900).
Questions about CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION
- What is the EIN of CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION?
- The employer identification number (EIN) of CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION is 51-0159900.
- Is CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION?
- The 990 for the year ended December 31, 2024 names LUIS QUINONEZ.
- Who are the officers and directors of CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $365,791, expenses of $533,690 and total assets of $296,553 at year end.
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All nonprofits in SACRAMENTO · California · Philanthropy, voluntarism and grantmaking foundations