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Nonprofiteer
← CHILENO BAY FOUNDATION INC

Form 990 for tax year 2024

Filed by CHILENO BAY FOUNDATION INC.

Totals

Total revenue
$6,636,259
Total expenses
$8,149,728
Contributions and grants received
$6,569,618
Grants paid
$8,139,000
Program service revenue
$0
Investment income
$66,641
Other revenue
$0
Total assets, end of year
$535,341
Total liabilities, end of year
$2,750
Net assets or fund balances, end of year
$532,591
Program services expenses (Part IX)
$8,139,000
Management and general expenses
$10,728
Fundraising expenses
$0
Program service expenses (Part III)
$8,139,000

Program services were 99.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $6,569,618

  • 3 · Investment income

    total $66,641 · excluded $66,641

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $120,000 · program services $120,000

  • 3 · Grants to foreign organizations and individuals

    total $8,019,000 · program services $8,019,000

  • 11c · Fees: accounting

    total $2,650 · management and general $2,650

  • 24a · Other expenses: BANK FEES

    total $7,870 · management and general $7,870

  • 24b · Other expenses: POSTAGE & FREIGHT

    total $208 · management and general $208

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $548,700 · end of year $535,341

  • 2 · Savings and temporary cash investments

    beginning of year $1,500,000 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,640 · end of year $2,750

  • 27 · Net assets without donor restrictions

    beginning of year $195,745 · end of year $236,723

  • 28 · Net assets with donor restrictions

    beginning of year $1,850,315 · end of year $295,868

Mission and programs · 2024

Mission

TO ENRICH THE COMMUNITY BY FINANCIALLY SUPPORTING VARIOUS COMMUNITY PROGRAMS, SUCH AS MEDICAL, ENVIRONMENTAL, & ARTS.

Activities or mission (Part I)

TO ENRICH THE COMMUNITY BY FINANCIALLY SUPPORTING VARIOUS COMMUNITY PROGRAMS.

  • POR LOS NINOS DE LA SIERRA AC: THIS PROGRAM IS A SCHOOL, KITCHEN AND COMMUNITY CENTER THAT PROVIDES DIRECT SERVICES TO 77 CHILDREN. THE FOUNDATION IS PROVIDING WORLD CLASS EDUCATION, HEALTHY MEALS AND A SAFE PLACE TO PLAY FOR CHILDREN IN VULNERABLE CIRCUMSTANCES. OUR DONORS HAVE ADOPTED THIS PROJECT AND HAVE HELPED BUILD NEW FACILITIES FOR THESE CHILDREN.

    Expenses $153,000 · Grants $153,000

  • FUNDACION TELETON MEXICO AC: PROVIDES WORLD CLASS PHYSICAL REHABILITATION TO CHILDREN WHILE SUPPORTING THE ENTIRE FAMILY THROUGH THE PROCESS. THIS GRANT DIRECTLY SUPPORTED THE TELETON BUS WHICH GIVES 'TRANSPORTATION WITH DIGNITY' TO CHILDREN AND THEIR FAMILIES TO LA PAZ FROM LOS CABOS. THIS SPECIALTY EQUIPPED BUS HAS HELPED OVER 350 CHILDREN AND THEIR FAMILIES GET TO THE TREATMENTS THEY NEED. THIS GRANT WILL ALSO BE USED TO SUPPORT A NEW CHILDREN'S MEDICAL CAMPUS FIRST PHASE THAT WILL BE COMPLETED IN 2025.

    Expenses $7,775,000 · Grants $7,775,000

  • STARS & STRIPES CHILDREN'S FOUNDATION: THIS GRANT WAS GIVEN TO STARS AND STRIPES TO EARN A MATCHING GRANT FROM THEM TO HELP BUILD THE NEW CHILDREN'S MEDICAL CAMPUS TO BE COMPLETED IN 2025. THE STARS & STRIPES CHILDREN'S FOUNDATION IS ALSO A GRANT MAKING ORGANIZATION AND THEY MATCHED $100,000 OF OUR $120,000 GIFT TO GRANT SUPPORT TO TELETON FOR THE CHILDREN'S MEDICAL CAMPUS.

    Expenses $120,000 · Grants $120,000

  • OTHER PROGRAMS SUPPORTED INCLUDED: ALLIANZA PARA LA SEGURIDAD, PADRINO CHILDREN'S FOUNDATION, AMIGOS DE LOS NINOS, LOS CABOS CHILDREN'S FOUNDATION, RED AUTISMO, GROUPO RAME LOS CABOS AC, SISTEMAS NATURALES Y DESARROLL, AND FILANTROPIA PARA LOS NINOS A.C.

    Expenses $91,000 · Grants $91,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Schuylar Joyner

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Carlos Sugich

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Christian Tavelli

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Human

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Angel Sainz

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Chris Miller

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202523109349304112

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