CIELO - COMMUNITY FOR INNOVATION ENTREPRENEURSHIP LEADERSHP & OPPOR

HUNTINGTON BEACH, CA, 92647-4848 (949) 574-9562 Est. 2017 EIN 82-1422603

S30— Community Improvement Form 990 501(c)(3)

Mission

CIELO is a grassroots organization that empowers hardworking Orange County residents to pursue economic self-sufficiency. We accomplish this by setting our clients on a path to success through two key areas: Entrepreneurship and Upward Mobility. Our goal is to equip clients with an entrepreneurial mindset, along with the passion, resourcefulness, and hard work that go into entrepreneurship, to give them an advantage as they launch small businesses and/or grow in their careers

Financials

Total Revenue

$1,408,318

Total Expenses

$1,431,813

Net Assets

$264,048

5 employees

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

2.2 months Low

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 75.1%

Expenses ↑ 73.7%

Revenue Sources

Contributions 96.5% Investment 0.3% Other 3.0%

Expense Breakdown

Program 85.0% Management 15.0%

Officers & Key Employees (6)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Grants Received (20)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$1,408,318 ↑	$1,431,813	$264,048
2022 Form 990	$804,065 ↑	$824,413	$287,543
2021 Form 990	$602,058 ↑	$551,720	$307,891
2020 Form 990	$486,157 ↑	$355,255	$257,553
2019 Form 990	$462,330	$340,720	$126,649