Public Charity

State Forty Eight Foundation

State Forty Eight Foundation, of Chandler, AZ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $314K in revenue, $362K in expenses, $16K in total assets. 3 publicly reported grants to this organization, totaling roughly $43K, appear in IRS filings.

EIN: 851524030 Chandler, AZ Latest filing: 2024
Total Revenue$314K
Total Expenses$362K
Total Assets$16K
Grant Records3
Funding Total$43K
Filing Years2022–2024

Mission

To drive local innovation and inspire community action through the support and empowerment of Arizona entrepreneurs and non-profits.

Officers & Directors

Board Member Alex Guerrero
Board Member Alycia Elfstrom
Board Member Amber Cordoba
Board Member Bernard Johnsen
Board Member Brandon Michaels
Board Member Dominic Orozco

Officer compensation and complete director data available with membership.

Top Grant Purposes

THIS AWARD IS DESIGNATED SUPPORT FOR GENERAL SUPPORT
$20,000 1 grant
GENERAL SUPPORT
$14,000 1 grant
REVENUE SHARE FOR SPECIAL EVENT (5K RUN)
$8,707 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $314K $362K $16K
2023 $283K $289K $34K
2022 $221K $220K $61K

Between 2022 and 2024, reported annual revenue grew from $221K to $314K (+42%), with total assets most recently reported at $16K.

Interactive year-over-year charts and full filing details available with membership.

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