Nonprofit · EIN 77-0555874
KERN COMMUNITY FOUNDATION
Tax-exempt · BAKERSFIELD, CA 93309
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,462,271 | $8,783,895 | -$321,624 | $46,020,980 | $6,681,037 | $39,339,943 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AARON FALK | PRESIDENT/CEO Trustee or director, Officer | 40 | $167,346 |
| CARLOS SANCHEZ | CHAIR Trustee or director, Officer | 1 | $0 |
| GLENDA GARCIA | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| VINCENT ODDO | TREASURER Trustee or director, Officer | 1 | $0 |
| TANYA ALSHEIKH | SECRETARY Trustee or director, Officer | 1 | $0 |
| JOE GREGORY | DIRECTOR Trustee or director | 1 | $0 |
| JOHN C HERSHEY III | DIRECTOR Trustee or director | 1 | $0 |
| JUSTIN LELAND | DIRECTOR Trustee or director | 1 | $0 |
| LYDIA CHANEY | DIRECTOR Trustee or director | 1 | $0 |
| LAURA WOLFE | DIRECTOR Trustee or director | 1 | $0 |
| SARA PALMER | DIRECTOR Trustee or director | 1 | $0 |
| FRANK WOOLRIDGE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AARON FALK | PRESIDENT/CEO Trustee or director, Officer | 40 | $165,950 |
| CARLOS SANCHEZ | CHAIR Trustee or director, Officer | 1 | $0 |
| GLENDA GARCIA | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| VINCENT ODDO | TREASURER Trustee or director, Officer | 1 | $0 |
| TANYA ALSHEIKH | SECRETARY Trustee or director, Officer | 1 | $0 |
| JEFFREY A GUTIERREZ | DIRECTOR Trustee or director | 1 | $0 |
| JOE GREGORY | DIRECTOR Trustee or director | 1 | $0 |
| JOHN C HERSHEY III | DIRECTOR Trustee or director | 1 | $0 |
| JUSTIN LELAND | DIRECTOR Trustee or director | 11 | $0 |
| KRISTEN BEALL WATSON | DIRECTOR Trustee or director | 1 | $0 |
| LYDIA CHANEY | DIRECTOR Trustee or director | 1 | $0 |
| LAURA WOLFE | DIRECTOR 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
- Website
- WWW.KERNFOUNDATION.ORG
- 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)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
KERN COMMUNITY FOUNDATION'S MISSION IS GROWING COMMUNITY AND GROWING PHILANTHROPY.
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 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
- 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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $46,020,980
- Income (IRS master file)
- $11,636,388
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,462,271 | $8,783,895 | $46,020,980 | XML |
| 990 | December 2023 | $5,081,433 | $4,300,421 | $43,441,433 | XML |
| 990 | December 2022 | $11,306,758 | $4,338,649 | $38,202,880 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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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