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Nonprofit · EIN 77-0555874

KERN COMMUNITY FOUNDATION

Tax-exempt · BAKERSFIELD, CA 93309

Financials

$5.1M$4.3M2023$8.5M$8.8M2024
Revenue Expenses · by fiscal year end
Financials of KERN COMMUNITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,462,271$8,783,895-$321,624$46,020,980$6,681,037$39,339,943
December 31, 2023990$5,081,433$4,300,421$781,012$43,441,433$5,818,356$37,623,077
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,808,634
Program service revenue
$588,191
Investment income
$2,065,446
Net gain from sales of assets
$916,005
Other revenue
$0

Expenses

Grants and similar amounts paid
$5,219,376
Other salaries and wages
$1,833,336
Salaries, compensation and benefits (total)
$2,064,597
Professional fundraising fees
$0
Legal fees
$13,942
Accounting fees
$37,000
Occupancy
$65,872
Travel
$14,427
Program services (functional)
$7,001,636
Management and general (functional)
$1,336,695
Fundraising (functional)
$445,564

Balance sheet and other

Total assets, start of year
$43,441,433
Total assets, end of year
$46,020,980
Total liabilities, end of year
$6,681,037
Net assets, end of year
$39,339,943
Land, buildings and equipment
$9,666
Net assets without donor restrictions
$32,889,943
Net assets with donor restrictions
$6,450,000
Gross receipts
$11,636,388
Employees
163
Volunteers
0
Year formed
1999
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.

NameTitleHours / weekCompensation
AARON FALKPRESIDENT/CEO
Trustee or director, Officer
40$167,346
CARLOS SANCHEZCHAIR
Trustee or director, Officer
1$0
GLENDA GARCIAVICE CHAIR
Trustee or director, Officer
1$0
VINCENT ODDOTREASURER
Trustee or director, Officer
1$0
TANYA ALSHEIKHSECRETARY
Trustee or director, Officer
1$0
JOE GREGORYDIRECTOR
Trustee or director
1$0
JOHN C HERSHEY IIIDIRECTOR
Trustee or director
1$0
JUSTIN LELANDDIRECTOR
Trustee or director
1$0
LYDIA CHANEYDIRECTOR
Trustee or director
1$0
LAURA WOLFEDIRECTOR
Trustee or director
1$0
SARA PALMERDIRECTOR
Trustee or director
1$0
FRANK WOOLRIDGEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
AARON FALKPRESIDENT/CEO
Trustee or director, Officer
40$165,950
CARLOS SANCHEZCHAIR
Trustee or director, Officer
1$0
GLENDA GARCIAVICE CHAIR
Trustee or director, Officer
1$0
VINCENT ODDOTREASURER
Trustee or director, Officer
1$0
TANYA ALSHEIKHSECRETARY
Trustee or director, Officer
1$0
JEFFREY A GUTIERREZDIRECTOR
Trustee or director
1$0
JOE GREGORYDIRECTOR
Trustee or director
1$0
JOHN C HERSHEY IIIDIRECTOR
Trustee or director
1$0
JUSTIN LELANDDIRECTOR
Trustee or director
11$0
KRISTEN BEALL WATSONDIRECTOR
Trustee or director
1$0
LYDIA CHANEYDIRECTOR
Trustee or director
1$0
LAURA WOLFEDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
5701 TRUXTUN AVE STE 110, BAKERSFIELD, CA 93309-0651
Principal officer (990 for 2024)
AARON FALK, 5701 TRUXTUN AVE STE 110, BAKERSFIELD, CA 93309
Signed the 990
AARON FALK, PRESIDENT & CEO
Phone
(661) 325-5346
Return prepared by
DANIELLS PHILLIPS VAUGHAN & BOCK

California records

California keeps its own records of charities and corporations. Search them by EIN 77-0555874 or by the name KERN COMMUNITY FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

KERN COMMUNITY FOUNDATION'S MISSION IS GROWING COMMUNITY AND GROWING PHILANTHROPY.

990 for the year ended December 31, 2024

Program accomplishments

  • KERN COMMUNITY FOUNDATION IS IN BUSINESS TO SERVE AS A CHARITABLE RESOURCE FOR LOCAL DONORS AND CORPORATIONS AND TO GENERATE CAPITAL THAT PROVIDES PHILANTHROPIC SOLUTIONS TO HELP MAKE KERN COUNTY A BETTER PLACE TO LIVE, TO WORK AND TO VISIT. THE FOUNDATION IS HOME FOR LOCAL PHILANTHROPISTS, WITH MORE THAN 175 NAMED FUNDS THAT HELP DONORS ORGANIZE AND ACHIEVE MEANINGFUL RESULTS FROM THEIR CHARITABLE GIVING. THE FOUNDATION IS A RESULTS-ORIENTED GRANTMAKER, AWARDING APPROXIMATELY $5,219,376 IN GRANTS IN 2024. THE FOUNDATION IS A TRUSTED COMMUNITY LEADER FOCUSING ON INITIATIVES SUCH AS COLLEGE ACCESS AND NONPROFIT STRENGTHENING.
    Expenses $7,001,636 · grants $5,219,376 · revenue $588,191

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
77-0555874
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$46,020,980
Income (IRS master file)
$11,636,388

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,462,271$8,783,895$46,020,980XML
990December 2023$5,081,433$4,300,421$43,441,433XML
990December 2022$11,306,758$4,338,649$38,202,880IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 77-0555874).

Questions about KERN COMMUNITY FOUNDATION

What is the EIN of KERN COMMUNITY FOUNDATION?
The employer identification number (EIN) of KERN COMMUNITY FOUNDATION is 77-0555874.
Is KERN COMMUNITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to KERN COMMUNITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KERN COMMUNITY FOUNDATION 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 KERN COMMUNITY 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 KERN COMMUNITY FOUNDATION 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 KERN COMMUNITY FOUNDATION?
The 990 for the year ended December 31, 2024 names AARON FALK.
Who are the officers and directors of KERN COMMUNITY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $167,346 (AARON FALK, PRESIDENT/CEO).
How much revenue does KERN COMMUNITY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,462,271, expenses of $8,783,895 and total assets of $46,020,980 at year end.

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