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REDF: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
REDF (EIN 54-2132153)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-06-26
IRS object ID
202401789349300215
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-06-26T16:40:33-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN954557617PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Harrington Group CPAs LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12698 Mataro StreetAddressLine1Txt
CityPasadenaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91107ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN542132153EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1REDFBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlREDFBusinessNameControlTxt
Phone4155616679PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1785 Market Street 1200AddressLine1Txt
CitySan FranciscoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMaria KimPersonNm
Person TitlePresident & CEOPersonTitleTxt
Phone4155616679PhoneNum
Signature2024-06-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMariaPersonFirstNm
Person LastKimPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCarlos A Davis CPAPreparerPersonNm
PTINP02037008PTIN
Phone6264036801PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMaria KimPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1785 Market Street 1200AddressLine1Txt
CitySan FranciscoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94103ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$28,015,674GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.redf.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionSee Schedule OREDF invests in businesses that reveal and reinforce the talent of people breaking through barriers to employment.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee92TotalEmployeeCnt
Total Volunteers17TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$16,873,834PYContributionsGrantsAmt
CY Contributions Grants$26,836,632CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$4,962PYInvestmentIncomeAmt
CY Investment Income$302,087CYInvestmentIncomeAmt
PY Other Revenue$921,630PYOtherRevenueAmt
CY Other Revenue$876,955CYOtherRevenueAmt
PY Total Revenue$17,800,426PYTotalRevenueAmt
CY Total Revenue$28,015,674CYTotalRevenueAmt
PY Grants And Similar Paid$4,060,929PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,750,900CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$9,119,093PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$11,462,499CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,352,001CYTotalFundraisingExpenseAmt
PY Other Expenses$5,897,345PYOtherExpensesAmt
CY Other Expenses$7,320,622CYOtherExpensesAmt
PY Total Expenses$19,077,367PYTotalExpensesAmt
CY Total Expenses$24,534,021CYTotalExpensesAmt
PY Revenues Less Expenses-$1,276,941PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,481,653CYRevenuesLessExpensesAmt
Total Assets BOY$42,983,739TotalAssetsBOYAmt
Total Assets EOY$46,675,536TotalAssetsEOYAmt
Total Liabilities BOY$4,032,230TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,218,560TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$38,951,509NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$42,456,976NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionREDF is the nation's only venture catalyst investing exclusively in Employment Social Enterprises (ESEs) - businesses achieving transformative social impact. Since 1997, REDF has provided seed and growth capital and advisory services directly to 325+ organizations, which have earned and reinvested in their businesses $2.5 billion in revenue and employed over 133,000 people helping to amplify the impact of public sector investments while improving lives and communities.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,349,521ExpenseAmt
Grant$4,956,500GrantAmt
DescGrowth Portfolio: REDF provides customized hands-on technical assistance and measures results to a diverse portfolio of ESEs to incorporate best practices that improve participant outcomes and sustainability for the enterprises.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$2,737,002ExpenseAmt
Grant$155,000GrantAmt
DescPartnerships: REDF provides capacity building consulting on accessing public support and offers intermediary services to communities that seek to create public-private partnerships that help grow the ESE field. In 2023 REDF collaborated with the State of California to launch California Reginal Initiative for Social Enterprises (CA RISE) which will invest in and scale ESEs statewide, creating a stronger and more inclusive economic and workforce development system in California.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$1,937,339ExpenseAmt
Grant$600,000GrantAmt
DescThe REDF Accelerator provides co-hort based leadership training and coaching to ESE leaders with a focus on core ESE competencies, including strategic planning, financial planning, operations, marketing and communication and employee supports.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$7,601,122ExpenseAmt
Grant$39,400GrantAmt
DescOther Program services include Community, Impact Lending, Learning & Evidence, Advocacy, Strategic Implementation, Farber Internship, and Outreach.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$7,601,122TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$39,400TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$19,624,984TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document126IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee92EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Maria KimBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4155616679PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1785 Market Street 1200AddressLine1Txt
CitySan FranciscoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94103ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
George R Roberts
Board Chair1.00Yes (X)Yes (X)$0$0$0
Stuart Davidson
Vice Chair1.00Yes (X)Yes (X)$0$0$01.00
Philip Estes
Treasurer1.00Yes (X)Yes (X)$0$0$01.00
Dan Rose
Secretary1.00Yes (X)Yes (X)$0$0$0
Harris Barton
Board Member1.00Yes (X)$0$0$0
Bonnie Boswell
Board Member1.00Yes (X)$0$0$0
Elizabeth Y A Ferguson
Board Member1.00Yes (X)$0$0$0
Chet P Hewitt
Board Member1.00Yes (X)$0$0$0
Mack Jenkins
Board Member1.00Yes (X)$0$0$0
Martin Lauber
Board Member (term start 12/23)1.00Yes (X)$0$0$0
Ryan Nolan
Board Member1.00Yes (X)$0$0$0
Chris O'Donnell
Board Member1.00Yes (X)$0$0$0
Elena Quintana
Board Member1.00Yes (X)$0$0$0
Jesse Rogers
Board Member1.00Yes (X)$0$0$0
Maria S Salinas
Board Member (term end 9/23)1.00Yes (X)$0$0$0
Adam Smith
Board Member1.00Yes (X)$0$0$0
Courtney Welton
Board Member (term start 12/23)1.00Yes (X)$0$0$0
Carla I Javits
Senior Advisor/Board Member16.00Yes (X)Yes (X)$102,716$0$4,109
Maria Kim
President & CEO40.00Yes (X)Yes (X)$322,123$0$26,561
David Samuels
Chief Financial & Admin. Officer40.00Yes (X)$245,254$0$34,574
Carrie McKellogg
Chief Program Officer32.00Yes (X)$253,682$0$42,5558.00
Jo'Vion Greer
VP, Dev. and Marketing Communications40.00$244,538$0$23,423Yes (X)
Peter A Lippman
Director of Finance40.00$190,792$0$30,149Yes (X)
Emilie Linick
Director, Impact Lending40.00$193,473$0$24,333Yes (X)
Brian Williams
Director of Talent40.00$185,342$0$40,477Yes (X)
Lori Warren
Director, Marketing & Communications40.00$180,489$0$29,772Yes (X)
Karen Chern Zangle
Senior Director, Programs1.00$184,702$0$8,124Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,103,111TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$264,077TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K49IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line1ContractorAddress/ForeignAddress/AddressLine1TxtProvince Or StateContractorAddress/ForeignAddress/ProvinceOrStateNmCountryContractorAddress/ForeignAddress/CountryCdForeign PostalContractorAddress/ForeignAddress/ForeignPostalCd
Seattle Jobs Initiative
1200 12th Avenue South Suite 160SeattleWA98144Technical assistance$188,465
Trailhead Strategies
1996 Falmouth DrEl CajonCA92020Technical assistance$149,731
Mosaic Solutions and Advocacy LLC
808 R Street Suite 102SacramentoCA95811Strategy services$119,988
Mette Anderson
Event Planning$102,828Havdrupvej 96BronshojDA2700
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$2,029,604GovernmentGrantsAmt
All Other Contributions$24,807,028AllOtherContributionsAmt
Noncash Contributions$152,067NoncashContributionsAmt
Total Contributions$26,836,632TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$302,087TotalRevenueColumnAmt
Exclusion$302,087ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
Consulting900099$874,455$874,455
Other income900099$2,500$2,500
FieldValueIRS element (for citing)
Other Revenue Total$876,955OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$28,015,674TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,179,042ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$5,750,900TotalAmt
Program Services$5,750,900ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,301,335TotalAmt
Program Services$521,659ProgramServicesAmt
Management And General$405,310ManagementAndGeneralAmt
Fundraising$374,366FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,684,824TotalAmt
Program Services$5,997,375ProgramServicesAmt
Management And General$1,185,630ManagementAndGeneralAmt
Fundraising$501,819FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$279,104TotalAmt
Program Services$190,856ProgramServicesAmt
Management And General$80,078ManagementAndGeneralAmt
Fundraising$8,170FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,531,211TotalAmt
Program Services$1,001,978ProgramServicesAmt
Management And General$441,339ManagementAndGeneralAmt
Fundraising$87,894FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$666,025TotalAmt
Program Services$492,557ProgramServicesAmt
Management And General$112,676ManagementAndGeneralAmt
Fundraising$60,792FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$15,849TotalAmt
Management And General$15,849ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$40,500TotalAmt
Management And General$40,500ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,934,792TotalAmt
Program Services$2,307,502ProgramServicesAmt
Management And General$485,464ManagementAndGeneralAmt
Fundraising$141,826FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$36,885TotalAmt
Program Services$24,774ProgramServicesAmt
Management And General$7,877ManagementAndGeneralAmt
Fundraising$4,234FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$516,312TotalAmt
Program Services$380,232ProgramServicesAmt
Management And General$92,385ManagementAndGeneralAmt
Fundraising$43,695FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$581,759TotalAmt
Program Services$429,581ProgramServicesAmt
Management And General$103,172ManagementAndGeneralAmt
Fundraising$49,006FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$957,355TotalAmt
Program Services$746,551ProgramServicesAmt
Management And General$175,380ManagementAndGeneralAmt
Fundraising$35,424FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$98,622TotalAmt
Program Services$17,317ProgramServicesAmt
Management And General$79,651ManagementAndGeneralAmt
Fundraising$1,654FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$116,123TotalAmt
Program Services$79,404ProgramServicesAmt
Management And General$27,162ManagementAndGeneralAmt
Fundraising$9,557FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$54,414TotalAmt
Management And General$54,414ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Affiliate Support$1,130,671$1,050,697$79,974
Other expenses$309,009$287,596-$1,922$23,335
Events$300,094$294,531$429$5,134
Training & Development$105,012$6,534$98,459$19

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$123,225TotalAmt
Program Services$44,940ProgramServicesAmt
Management And General$73,209ManagementAndGeneralAmt
Fundraising$5,076FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$24,534,021TotalAmt
Program Services$19,624,984ProgramServicesAmt
Management And General$3,557,036ManagementAndGeneralAmt
Fundraising$1,352,001FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$14,962,198BOYAmt
EOY$1,147,360EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,588,813BOYAmt
EOY$13,150,214EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$22,506,994BOYAmt
EOY$17,638,602EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$617,215BOYAmt
EOY$880,468EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$218,758BOYAmt
EOY$230,675EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,952,238LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,019,210LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$262,124BOYAmt
EOY$933,028EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$9,962,392EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,827,637BOYAmt
EOY$2,732,797EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$42,983,739BOYAmt
EOY$46,675,536EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,471,323BOYAmt
EOY$1,794,588EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,560,907BOYAmt
EOY$2,423,972EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,032,230BOYAmt
EOY$4,218,560EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,469,287BOYAmt
EOY$20,187,695EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$29,482,222BOYAmt
EOY$22,269,281EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$38,951,509BOYAmt
EOY$42,456,976EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$42,983,739BOYAmt
EOY$46,675,536EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,481,653ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$23,814NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,446,062CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$81,197,900CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,600,776CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,873,834CurrentTaxYearMinus1YearAmt
Current Tax Year$26,836,632CurrentTaxYearAmt
Total$146,955,204TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,446,062CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$81,197,900CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,600,776CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,873,834CurrentTaxYearMinus1YearAmt
Current Tax Year$26,836,632CurrentTaxYearAmt
Total$146,955,204TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$27,263,086SubstantialContributorsTotAmt
Public Support Total170$119,692,118PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$42,319CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,650CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,798CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,962CurrentTaxYearMinus1YearAmt
Current Tax Year$302,087CurrentTaxYearAmt
Total$367,816TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$284,498CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$439,716CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$921,630CurrentTaxYearMinus1YearAmt
Current Tax Year$876,955CurrentTaxYearAmt
Total$2,522,799TotalAmt
FieldValueIRS element (for citing)
Total Support$149,845,819TotalSupportAmt
Gross Receipts Rltd Activities$110,157GrossReceiptsRltdActivitiesAmt
Public Support CY1700.79880PublicSupportCY170Pct
Public Support PY1700.78330PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$60,248DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$60,248TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart II-B, Line 1:FormAndLineReferenceDesc
ExplanationREDF informs and influences policymakers to promote the growth of Employment Social Enterprises and to increase economic opportunity for enterprise employees. In 2023 Together with our 76 member national Resourcing Employment Social Enterprises Together (RESET) coalition and our 27 member California RESET coalition, REDF advocates for capital, resources, and policy change to ESEs across the U.S. REDF seeks to build demand from the public sector for ESE as a solution through educating government entities of the ESE model, cultivating new public funding sources for ESEs and the related capacity and field building activities, and facilitating ESE access to existing public funding sources.ExplanationTxt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$175,672OtherCostOrOtherBasisAmt
Depreciation$64,601DepreciationAmt
Book Value$111,071BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$206,504OtherCostOrOtherBasisAmt
Depreciation$165,445DepreciationAmt
Book Value$41,059BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,570,062OtherCostOrOtherBasisAmt
Depreciation$789,164DepreciationAmt
Book Value$780,898BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$933,028TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescUnited States treasury notesDesc
Book Value$9,962,392BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$9,962,392TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
Deposits$38,653
Right of use asset - operating lease$2,423,972
Other assets$270,172
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,732,797TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOperating lease liabilityDesc
Amt$2,423,972Amt
FieldValueIRS element (for citing)
Total Liability$2,423,972TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$28,039,488TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$23,814NetUnrealizedGainsInvstAmt
Revenue Not Reported$23,814RevenueNotReportedAmt
Revenue Subtotal$28,015,674RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$28,015,674TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$24,534,021TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$24,534,021ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$24,534,021TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationREDF is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by REDF in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. REDF's returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (79 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtIRC SectionIRCSectionDescAddress Line2USAddress/AddressLine2Txt
Bellsky LLC dba Bellden Cafe
10527 Main StBellevueWA98004811290384$20,000$0Accelerator
Binghampton Development Corporation
280 Tillman StMemphisTN38112200062075$20,000$0Accelerator501(c)(3)
Bottom Bunk LLC
7519 Melrose AveLos AngelesCA90046871563125$20,000$0Accelerator
ChiFresh Kitchen LWCA
400 E 71st StChicagoIL60619844072430$20,000$0Accelerator
Chinook Enterprises
2026 N Laventure RdMount VernonWA98273911100744$20,000$0Accelerator501(c)(3)
ConConnect Holdings Corporation
70 West 126thNew YorkNY10029874631151$20,000$0Accelerator
Dorothy Day House Workforce Development Program
Veterans Memorial BuildingBerkeleyCA94704943158511$20,000$0Accelerator501(c)(3)
DV8 Kitchen Vocational Training Foundation Inc
405 Ridgeway RDLexingtonKY40502549416090$20,000$0Accelerator
EDWINS Leadership & Restaurant Institute
13101 Shaker SquareClevelandOH44120260656263$20,000$0Accelerator501(c)(3)
Emma's Torch
345 Smith StNew YorkNY11231813651292$20,000$0Accelerator501(c)(3)
Havenly Treats
25 Temple StNew HavenCT06510831094860$20,000$0Accelerator501(c)(3)
I Have a Bean
655 Childs StWheatonIL60187260319178$20,000$0Accelerator
Project Place
1145 Washington StBostonMA021182728042457732$20,000$0Accelerator501(c)(3)
Kitchens for Good
2799 Health Center DrSan DiegoCA92123463278605$20,000$0Accelerator501(c)(3)
Lutunji's Palate
1400 Park Ave 1010MinneapolisMN55404275218084$20,000$0Accelerator
Manufacture Good
925 28th St NBirminghamAL35203465389206$20,000$0Accelerator501(c)(3)
North Lawndale Employment Network
1111 S Homan AveChicagoIL60624364295189$20,000$0Accelerator501(c)(3)
Parents by Choice
306 E Main St 306 e 306 E MainStocktonCA95202352274016$20,000$0AcceleratorStreet
Piece by Piece
1815 S Soto StLos AngelesCA90023208348198$20,000$0Accelerator501(c)(3)
Refugee Artisan Initiative
12337 Lake City Way NESeattleWA98125820961407$20,000$0Accelerator
Remark Glass
1901 S 9th StPhiladelphiaPA19148813219498$20,000$0Accelerator
Re-use Hawaii
200 Keawe StHonoluluHI96813205840697$20,000$0Accelerator501(c)(3)
Revolution Workshop
3410 W Lake StChicagoIL60624822354651$20,000$0Accelerator501(c)(3)
Second Story Cards LLC
1721 21st St NW APT 304WashingtonDC20009821231338$20,000$0Accelerator
SEAT Center
131 State StSchenectadyNY12305473946521$20,000$0Accelerator501(c)(3)
Southwest Creations
722 Isleta Blvd SW Suite CAlbuquerqueNM87105850440047$20,000$0Accelerator501(c)(3)
Square Peg Foundation
80 Cabrillo HwyHalf Moon BayCA94019201253820$20,000$0Accelerator501(c)(3)
The Stroopie Co
141 N Duke StLancasterPA17602262011594$20,000$0Accelerator
The Other Ones Foundation
780 S Hwy 183AustinTX78741821690537$20,000$0Accelerator501(c)(3)
The Prospect KC
2000 Vine St 1dKansas CityMO64108844576270$20,000$0Accelerator501(c)(3)
Bikes Not Bombs Inc
284 Amory StBostonMA02130043138753$108,000$0Growth Portfolio501(c)(3)
Civic Works
2701 St Lo DrBaltimoreMD21213521925614$220,000$0Growth Portfolio501(c)(3)
Clean Decisions
3315 Alden Pl NEWashingtonDC20019472187741$100,000$0Growth Portfolio
Coalfield Development
PO Box 1133WayneWV25570263836207$100,000$0Growth Portfolio501(c)(3)
Community Kitchen Pittsburgh
107 Flowers AvePittsburghPA15207901009621$175,000$0Growth Portfolio501(c)(3)
CommunityWorks
6000 E Evans Ave 2 100DenverCO80222841349649$100,000$0Growth Portfolio501(c)(3)
CONBODY
121 Ludlow St 2nd FloorNew YorkNY10002832845087$200,000$0Growth Portfolio
Crossroads Campus
707 Monroe StNashvilleTN37208272397528$175,000$0Growth Portfolio501(c)(3)
Downtown Women's Center
442 San Pedro StLos AngelesCA90011311597223$100,000$0Growth Portfolio501(c)(3)
Emerge Connecticut Inc
830 Grand AveNew HavenCT06511453789523$100,000$0Growth Portfolio501(c)(3)
Evanston Rebuilding Warehouse DBA Rebuilding Exchange
1245 Hartrey AveEvanstonIL60202273797852$175,000$0Growth Portfolio501(c)(3)
Farming Hope
77 Van Ness Ave 101 1613 SuiteSan FranciscoCA94102832393341$180,000$0Growth Portfolio501(c)(3)101-1613
First Step Staffing
236 Auburn Ave NE 203AtlantaGA30303208038859$100,000$0Growth Portfolio501(c)(3)
Freedom a la Cart
123 E Spring StColumbusOH43215263114093$100,000$0Growth Portfolio501(c)(3)
Global Neighborhood
PO Box 10330SpokaneWA99209262571035$104,000$0Growth Portfolio501(c)(3)
GRID Alternatives
1338 Flower StLos AngelesCA90015461652604$175,000$0Growth Portfolio501(c)(3)
Homeward Bound of Marin
1385 NNovatoCA94949680011405$100,000$0Growth Portfolio501(c)(3)
Hopeworks
808 Market St Fl 3CamdenNJ08102311660671$120,000$0Growth Portfolio501(c)(3)
InnerCity Weightlifting
PO Box 171313BostonMA021171543271333425$175,000$0Growth Portfolio501(c)(3)
Repowered
860 Vandalia StSaint PaulMN55114272295466$150,000$0Growth Portfolio501(c)(3)
Missoula Interfaith Collaborative
2205 34th StMissoulaMT59801463396495$107,400$0Growth Portfolio501(c)(3)
Neighborhood Industries
353 E Olive AveFresnoCA93728743252737$180,000$0Growth Portfolio501(c)(3)
Nu-Way Staffing
1400 Veterans Memorial Hwy SEMabletonGA30126815434792$100,000$0Growth Portfolio
OIC Strategic Integration LLC
3407 NW 9th AveFort LauderdaleFL33309822838293$100,000$0Growth Portfolio
Opportunity Construction
325 Frank S Brown BlvdSteeltonPA17113455382987$100,000$0Growth Portfolio
Peralta Service Corporation
3301 E 12th St 169OaklandCA94601942294572$100,000$0Growth Portfolio501(c)(3)
Pioneer Human Services
7440 W Marginal Way SSeattleWA98108910791552$175,000$0Growth Portfolio501(c)(3)
Presbyterian Night Shelter
PO Box 2645Fort WorthTX76113751985591$177,000$0Growth Portfolio501(c)(3)
Project Return
109 Lafayette StNashvilleTN37210621058325$175,000$0Growth Portfolio501(c)(3)
The Challenge Program
1124 E 7th StWilmingtonDE19801510386369$175,100$0Growth Portfolio501(c)(3)
The Doe Fund
345 E 102nd StNew YorkNY10029133412540$175,000$0Growth Portfolio501(c)(3)
The Knowledge House
363 Rider Ave 3rd floor 3rd FloorNew YorkNY10451472747713$100,000$0Growth Portfolio501(c)(3)3rd Floor
The NetWork for Better Futures
813 N 5th StMinneapolisMN55401450550557$195,000$0Growth Portfolio501(c)(3)
Urban Alchemy
1035 Market St 150San FranciscoCA94103825408579$140,000$0Growth Portfolio501(c)(3)
Urban Association of Forestry and Fire Professionals DBA Forestry and Fire
110 W 6th St 162AzusaCA91702830806426$100,000$0Growth Portfolio501(c)(3)
Weld Seattle
PO BOX 77570SeattleWA98177813922645$100,000$0Growth Portfolio501(c)(3)
Bread Line Inc
507 Gaffney RdFairbanksAK99701920111082$10,000$0Strategic
Carry the Vision
7365 Monterey Rd UNIT 203 203GilroyCA95020010952753$10,000$0Strategic
Center for Employment Opportunities
464 7th StOaklandCA94607133843322$18,000$0Strategic501(c)(3)
Community Cycles of California
35 Wilson AveSan JoseCA95126822949587$40,000$0Strategic501(c)(3)
Downtown Women's Center
442 San Pedro StLos AngelesCA90011311597223$10,000$0Strategic501(c)(3)
Juma Ventures
131 Steuart St 201San FranciscoCA94105943203203$10,000$0Strategic501(c)(3)
Los Angeles Conservation Corps
PO Box 861658Los AngelesCA90086954002138$10,000$0Strategic501(c)(3)
Manna on Main Street
606 E Main StLansdalePA19446222287252$10,000$0Strategic
Groundwork Kitchen
925 Washington BlvdBaltimoreMD21230521372359$10,000$0Strategic
Purple Door Coffee
1555 W Thomas AveEnglewoodCO80110474698048$10,000$0Strategic501(c)(3)
Riverview Gardens
1101 S Oneida StAppletonWI54915463208900$10,000$0Strategic501(c)(3)
Salazar Landscaping
10423 Atlantic AveSouth GateCA90280824465461$18,000$0Strategic
Uplift Northwest
2515 Western AveSeattleWA98121910607513$10,000$0Strategic501(c)(3)
FieldValueIRS element (for citing)
Total501c3 Org62Total501c3OrgCnt
Total Other Org23TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationREDF maintains a close relationship with the organizations we fund. We have a team of program, fiscal and compliance personnel who work closely with the organizations to monitor progress towards goals. In addition and as appropriate, we restrict the use of funds to particular projects and require evidence that the funds have been spent in alignment with the restrictions.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Maria Kim
President & CEO$322,123$0$0$0$0$0$12,305$0$14,256$0$348,684$0$0$0
Carrie McKellogg
Chief Program Officer$253,682$0$0$0$0$0$9,608$0$32,947$0$296,237$0$0$0
David Samuels
Chief Financial & Admin. Officer$245,254$0$0$0$0$0$9,896$0$24,678$0$279,828$0$0$0
Jo'Vion Greer
VP, Dev. and Marketing Communication$244,538$0$0$0$0$0$7,939$0$15,484$0$267,961$0$0$0
Brian Williams
Director of Talent$185,342$0$0$0$0$0$7,089$0$33,388$0$225,819$0$0$0
Peter A Lippman
Director of Finance$190,792$0$0$0$0$0$0$0$30,149$0$220,941$0$0$0
Emilie Linick
Director, Impact Lending$193,473$0$0$0$0$0$7,700$0$16,633$0$217,806$0$0$0
Lori Warren
Director, Marketing & Communications$180,489$0$0$0$0$0$6,614$0$23,158$0$210,261$0$0$0
Karen Chern Zangle
Senior Director, Programs$184,702$0$0$0$0$0$6,613$0$1,511$0$192,826$0$0$0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$152,067NoncashContributionsRptF990Amt
Method Of Determining RevenuesValue, time of tradeMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Column (b):FormAndLineReferenceDesc
ExplanationThe number of items reported is determined by the number of donors.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bREDF's Form 990 is initially reviewed by the Director of Finance, Chief Financial and Administrative Officer, and President & CEO, followed by a review by REDF's audit committee. The audit committee includes two members of the Board of Directors who act on behalf of the Board. Upon approval by the audit committee, the Form 990 is provided to the full Board of Directors prior to filing.
Form 990, Part VI, Section B, line 12cREDF regularly enforces compliance with our conflict of interest policy for all employees and requires the Organizations' Board of Directors to annually sign a Conflict of Interest Statement.
Form 990, Part VI, Section B, line 15A compensation study is performed for all roles in the organization. Goals and compensation levels are set annually for all employees and reviewed and approved by the Executive Committee (President & CEO, Chief Financial and Administrative Officer, Chief Program Officer, and VP of Development and Marketing Communications). Compensation levels are set within the boundaries of the annual Board approved organizational budget.
Form 990, Part VI, Section C, line 19REDF makes its governing documents, conflict of interest policy and financial statements available to the public upon request via hard or electronic copy. REDFs Financial Statements are also made available on www.redf.org and REDFs Form 990 available on www.redf.org and on www.guidestar.org.
Form 990, Part IX, line 11gPayroll service fees: Management and general expenses 151,825. Total expenses 151,825. Consultants: Program service expenses 2,305,283. Management and general expenses 322,219. Fundraising expenses 141,554. Total expenses 2,769,056. Business services: Program service expenses 2,219. Management and general expenses 11,420. Fundraising expenses 272. Total expenses 13,911.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1REDF Impact Investing FundBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1785 Market Street Suite 1200AddressLine1Txt
CitySan FranciscoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94103ZIPCd
FieldValueIRS element (for citing)
EIN842301234EIN
Primary ActivitiesImpact LendingPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Exempt Code Section501(c)ExemptCodeSectionTxt
Public Charity StatusLine 7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1REDFBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
REDF Impact Investing Fund
L$874,455Cost
REDF Impact Investing Fund
S$1,130,671Cost