CARDENAS MARKETS FOUNDATION Charity Report

Public IRS 990 nonprofit record

CARDENAS MARKETS FOUNDATION

EIN 71-0977935 · Scholarships & Student Financial Aid (B82)

What they do

PREPARE for and RUN AN ANNUAL GOLF TOURNAMENT to RAISE PUBLIC DONATIONS WITH THE PURPOSE of EXPANDING ACCESS to HIGHER EDUCATION, SUPPORT PROGRAMS THAT PROVIDE HEALTH SERVICES, SUPPORT HUNGER RELIEF EFFORTS and SUPPORT CHILDRENS WELL BEING PROGRAMS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

69.38%of revenue went to mission work77.0% of expenses · Program services

0.83%of revenue went to fundraising0.9% of expenses

$90.09spent for every $100 of revenueRevenue covered expenses this year.

19.88%of revenue went to management and office costs22.1% of expenses

$1.10in assets for every $1 spent this yearSome assets cannot be spent right away.

94.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$773,670

Mission workProgram services$536,79069.38% of revenue77.0% of expenses

ManagementOffice and general costs$153,81819.88% of revenue22.1% of expenses

FundraisingAsking for donations$6,3880.83% of revenue0.9% of expenses

Total expenses$696,99690.09% of revenue

The uncolored part of the ring is revenue above these reported expenses.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202477.0% mission

202375.3% mission

202269.6% mission

202157.1% mission

202074.0% mission

201970.3% mission

201883.6% mission

201796.1% mission

Money in and money out

Revenue$773,670

Expenses$696,996

Annual surplus $76,674 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$536,790 · 77.0% of expenses

Management and office costs$153,818 · 22.1% of expenses

Fundraising$6,388 · 0.9% of expenses

See all reported dollar amounts

Revenue$773,670

Expenses$696,996

Assets$769,332

Income$1,100,387

Contributions$729,614

Mission work (program services)$536,790

Fundraising$6,388

Grants given$2,827,577

Average grant$25,705

Management and general$153,818

Accounting fees$3,925

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (6)

ADAM SALGADOPRESIDENT

JASON TRANTREASURER

LETICIA ESPINOZABOARD MEMBER

MARISA KUTANSKYSECRETARY

PRABASH COSWATTEBOARD MEMBER

SUZY MONFORDBOARD MEMBER

About this charity

Recognized since: January 2007
Location: 2501 EAST GUASTI ROAD, ONTARIO, CA 91761
County: San Bernardino
In care of: ADAM SALGADO
Primary officer: ADAM SALGADO, PRESIDENT

How to reach them

Phone(909) 923-7426

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: MILLER GIANGRANDE LLP
NTEE classification: Scholarships & Student Financial Aid (B82)
IRS tax category: Scholarships & Student Financial Aid
Grant-giving organization: Yes