Nonprofit · EIN 45-2606186
CHIPOTLE CULTIVATE FOUNDATION
Tax-exempt · NEWPORT BEACH, CA 92660
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $290,043 | $451,359 | -$161,316 | $800,903 | $6,742 | $794,161 |
| December 31, 2023 | 990-PF | $44,973 | $131,600 | -$86,627 | $957,647 | $2,170 | $955,477 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $251,770
- Interest
- $38,273
Expenses
- Grants and similar amounts paid
- $405,689
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $441,011
- Excise tax on investment income
- $473
Balance sheet and other
- Total assets, start of year
- $957,647
- Total assets, end of year
- $800,903
- Total liabilities, end of year
- $6,742
- Net assets, end of year
- $794,161
- Fair market value of assets
- $800,903
- Qualifying distributions
- $441,011
- Net investment income
- $38,273
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURIE SCHALOW 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | PRESIDENT/BOARD MEMBER | 0.15 | $0 |
| MICHAEL MCGAWN 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | SECRETARY/BOARD MEMBER | 0.19 | $0 |
| ADAM RYMER 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | TREASURER | 0.08 | $0 |
| ERIN WOLFORD 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | EXECUTIVE DIRECTOR | 0.48 | $0 |
| NICOLE WEST 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | BOARD MEMBER | 0 | $0 |
| KEVIN MCCULLOCH 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | BOARD MEMBER | 0.12 | $0 |
| LOIS ALEXIS-COLLINS 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | BOARD MEMBER | 0 | $0 |
| SCOTT BOATWRIGHT 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | BOARD MEMBER | 0.02 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURIE SCHALOW 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | PRESIDENT/BOARD MEMBER | 0.15 | $0 |
| MICHAEL MCGAWN 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | SECRETARY/BOARD MEMBER | 0.15 | $0 |
| ADAM RYMER 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | TREASURER | 0.06 | $0 |
| ERIN WOLFORD 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | EXECUTIVE DIRECTOR | 0.38 | $0 |
| BRIAN NICCOL 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | BOARD MEMBER | 0.04 | $0 |
| NICOLE WEST 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | BOARD MEMBER | 0.19 | $0 |
| KEVIN MCCULLOCH 610 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH, CA 92660 | BOARD MEMBER | 0.06 | $0 |
Address and contacts
- Address (IRS master file)
- 610 NEWPORT CENTER DR STE 1100, NEWPORT BEACH, CA 92660-6460
- Signed the 990-PF
- LAURIE SCHALOW, PRESIDENT
- Phone
- (949) 524-4000
- Website
- WWW.CULTIVATEFOUNDATION.COM
- Return prepared by
- EIDE BAILLY LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 45-2606186 or by the name CHIPOTLE CULTIVATE FOUNDATION.
- 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 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 45-2606186
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $800,903
- Income (IRS master file)
- $290,043
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $290,043 | $451,359 | $800,903 | XML |
| 990-PF | December 2023 | $44,973 | $131,600 | $957,647 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | 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 45-2606186).
Questions about CHIPOTLE CULTIVATE FOUNDATION
- What is the EIN of CHIPOTLE CULTIVATE FOUNDATION?
- The employer identification number (EIN) of CHIPOTLE CULTIVATE FOUNDATION is 45-2606186.
- Is CHIPOTLE CULTIVATE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to CHIPOTLE CULTIVATE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CHIPOTLE CULTIVATE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CHIPOTLE CULTIVATE FOUNDATION 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 CHIPOTLE CULTIVATE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of CHIPOTLE CULTIVATE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does CHIPOTLE CULTIVATE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $290,043, expenses of $451,359 and total assets of $800,903 at year end.
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