Nonprofit · EIN 85-0909048
CARINA INITIATIVES INC
Tax-exempt · TORRANCE, CA 90502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2024 | 990-PF | $19,103,927 | $12,680,901 | $6,423,026 | $31,130,741 | $655,767 | $30,474,974 |
| November 30, 2023 | 990-PF | $20,315,586 | $10,506,415 | $9,809,171 | $25,134,934 | $636,622 | $24,498,312 |
| November 30, 2021 | 990-PF | $11,507,796 | $5,971,891 | $5,535,905 | $8,750,970 | $40,341 | $8,710,629 |
Financial details: 990-PF for the year ended November 30, 2024
Revenue
- Contributions, gifts and grants
- $17,000,000
- Interest
- $1,338,461
- Other income
- $765,466
Expenses
- Grants and similar amounts paid
- $9,526,944
- Compensation of officers, directors and key employees
- $227,615
- Salaries, compensation and benefits (total)
- $1,314,577
- Disbursements for charitable purposes
- $11,878,226
- Excise tax on investment income
- $20,251
Balance sheet and other
- Total assets, start of year
- $25,134,934
- Total assets, end of year
- $31,130,741
- Total liabilities, end of year
- $655,767
- Net assets, end of year
- $30,474,974
- Fair market value of assets
- $31,130,741
- Qualifying distributions
- $13,218,226
- Net investment income
- $1,523,715
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-PF for the year ended November 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELISSA VITEK 990 W 190TH STREET 530, TORRANCE, CA 90502 | TREASURER | 40 | $227,615 | $29,481 |
| BOLUWATIFE OYE 990 W 190TH STREET 530, TORRANCE, CA 90502 | PRINCIPAL Highest-paid employee | 40 | $224,573 | $26,737 |
| EUIJIN CHIN 990 W 190TH STREET 530, TORRANCE, CA 90502 | PRINCIPAL Highest-paid employee | 40 | $153,894 | $12,843 |
| JOHN MURRAY 990 W 190TH STREET 530, TORRANCE, CA 90502 | EXECUTIVE IN RESIDEN Highest-paid employee | 40 | $122,923 | $24,391 |
| ILANA WALDER-BIESANZ 990 W 190TH STREET 530, TORRANCE, CA 90502 | EXECUTIVE IN RESIDEN Highest-paid employee | 40 | $112,583 | $12,392 |
| YUAN MA 990 W 190TH STREET 530, TORRANCE, CA 90502 | SR. FINANCE MANAGER Highest-paid employee | 40 | $100,962 | $14,407 |
| JOSH TAYLOR 990 W 190TH STREET 530, TORRANCE, CA 90502 | PRESIDENT | 40 | $0 | $0 |
| JENNIFER REYNOSO 990 W 190TH STREET 530, TORRANCE, CA 90502 | SECRETARY | 1 | $0 | $0 |
| FRED TAYLOR 990 W 190TH STREET 530, TORRANCE, CA 90502 | DIRECTOR | 1 | $0 | $0 |
| JOHN TAYLOR 990 W 190TH STREET 530, TORRANCE, CA 90502 | DIRECTOR | 1 | $0 | $0 |
990-PF for the year ended November 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELISSA VITEK 990 W 190TH STREET 530, TORRANCE, CA 90502 | TREASURER | 40 | $220,731 | $22,958 |
| PETER EYKEMANS 990 W 190TH STREET 530, TORRANCE, CA 90502 | GENERAL MANAGER Highest-paid employee | 40 | $127,885 | $12,727 |
| JEANNETTE GURDZHYAN 990 W 190TH STREET 530, TORRANCE, CA 90502 | SR. OPERATIONS & FIN Highest-paid employee | 40 | $108,038 | $11,588 |
| ILANA WALDER-BIESANZ 990 W 190TH STREET 530, TORRANCE, CA 90502 | EXECUTIVE IN RESIDEN Highest-paid employee | 40 | $81,692 | $6,012 |
| TIFE OYE 990 W 190TH STREET 530, TORRANCE, CA 90502 | PRINCIPAL-THINKING G Highest-paid employee | 40 | $71,154 | $5,766 |
| MATTHEW ONGARO 990 W 190TH STREET 530, TORRANCE, CA 90502 | SENIOR ASSOC.-INVEST Highest-paid employee | 40 | $62,692 | $7,671 |
| JOSH TAYLOR 990 W 190TH STREET 530, TORRANCE, CA 90502 | PRESIDENT | 40 | $0 | $0 |
| JENNIFER REYNOSO 990 W 190TH STREET 530, TORRANCE, CA 90502 | SECRETARY | 5 | $0 | $0 |
| FRED TAYLOR 990 W 190TH STREET 530, TORRANCE, CA 90502 | DIRECTOR | 1 | $0 | $0 |
| JOHN TAYLOR 990 W 190TH STREET 530, TORRANCE, CA 90502 | DIRECTOR | 1 | $0 | $0 |
| JACOB TAYLOR 990 W 190TH STREET 530, TORRANCE, CA 90502 | DIRECTOR TO DEC 12, 2022 | 1 | $0 | $0 |
990-PF for the year ended November 30, 2021: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELISSA VITEK 990 W 190TH STREET SUITE 530, TORRANCE, CA 90502 | TREASURER | 40 | $225,000 | $21,532 |
| EILEEN HOLLINGER 990 W 190TH STREET 530, TORRANCE, CA 90502 | PARTNER, INTERACTIVE Highest-paid employee | 40 | $148,901 | $18,845 |
| MICHAEL WEINTRAUB 990 W 190TH STREET 530, TORRANCE, CA 90502 | LEAD GAME DESIGNER Highest-paid employee | 40 | $71,101 | $6,317 |
| DANIEL LEAVITT 990 W 190TH STREET 530, TORRANCE, CA 90502 | LEAD ENGINEER Highest-paid employee | 40 | $69,409 | $6,232 |
| SYLVIA AGUINAGA 990 W 190TH STREET 530, TORRANCE, CA 90502 | CREATIVE DIRECTOR Highest-paid employee | 40 | $69,197 | $6,232 |
| JOSH TAYLOR 990 W 190TH STREET SUITE 530, TORRANCE, CA 90502 | PRESIDENT | 40 | $0 | $0 |
| JENNIFER REYNOSO 990 W 190TH STREET SUITE 530, TORRANCE, CA 90502 | SECRETARY | 5 | $0 | $0 |
| JACOB TAYLOR 990 W 190TH STREET SUITE 530, TORRANCE, CA 90502 | DIRECTOR | 1 | $0 | $0 |
| FRED TAYLOR 990 W 190TH STREET SUITE 530, TORRANCE, CA 90502 | DIRECTOR | 1 | $0 | $0 |
| JOHN TAYLOR 990 W 190TH STREET SUITE 530, TORRANCE, CA 90502 | DIRECTOR | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 990 W 190TH ST STE 530, TORRANCE, CA 90502-1046
- In care of
- % JANE PENNEBAKER
- Signed the 990-PF
- MELISSA VITEK, TREASURER
- Phone
- (202) 604-1056
- Website
- WWW.CARINA.FUND
- Return prepared by
- CLARK NUBER PS
California records
California keeps its own records of charities and corporations. Search them by EIN 85-0909048 or by the name CARINA INITIATIVES INC.
- 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)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | Not on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990-PF on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990-PF on file |
IRS record
- EIN
- 85-0909048
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2020
- Accounting year ends
- November
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $31,130,741
- Income (IRS master file)
- $19,103,927
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | November 2024 | $19,103,927 | $12,680,901 | $31,130,741 | XML |
| 990-PF | November 2023 | $20,315,586 | $10,506,415 | $25,134,934 | XML |
| 990-PF | November 2022 | – | – | – | IRS |
| 990-PF | November 2021 | $11,507,796 | $5,971,891 | $8,750,970 | XML |
| 990-PF | November 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 85-0909048).
Questions about CARINA INITIATIVES INC
- What is the EIN of CARINA INITIATIVES INC?
- The employer identification number (EIN) of CARINA INITIATIVES INC is 85-0909048.
- Is CARINA INITIATIVES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to CARINA INITIATIVES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CARINA INITIATIVES INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CARINA INITIATIVES INC due?
- The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CARINA INITIATIVES INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended November 2024.
- Who are the officers and directors of CARINA INITIATIVES INC?
- The 990-PF for the year ended November 30, 2024 lists 10 people; 6 received compensation from the organization, the highest $227,615 (MELISSA VITEK, TREASURER).
- How much revenue does CARINA INITIATIVES INC have?
- On its 990-PF for the year ended November 30, 2024 it reported revenue of $19,103,927, expenses of $12,680,901 and total assets of $31,130,741 at year end.
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