2023-06-26T15:59:11-05:00 2022-12-31 954557617 Harrington Group CPAs LLP 2698 Mataro Street Pasadena CA 91107 990 2022-01-01 542132153 REDF REDF 4155616679 785 Market Street 1200 San Francisco CA 94103 Maria Kim President & CEO 4155616679 2023-06-26 1 Maria Kim 999009999 0 Carlos A Davis CPA P02037008 6264036801 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Maria Kim 785 Market Street 1200 San Francisco CA 94103 17800426 0 X www.redf.org X 2003 CA See Schedule OREDF invests in businesses that reveal and reinforce the talent of people breaking through barriers to employment. 17 15 77 17 0 0 11118537 16873834 0 0 6798 4962 439716 921630 11565051 17800426 1620000 4060929 0 0 8167206 9119093 0 0 1282795 4222010 5897345 14009216 19077367 -2444165 -1276941 41522686 42983739 1294235 4032230 40228451 38951509 X REDF 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 specialized advisory services directly to 280 ESEs, which have earned and reinvested in their businesses $1.6 billion in revenue and employed over 87,000 people helping to amplify the impact of public sector investments while improving lives and communities. 0 0 5245973 3211329 Growth 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. 1695817 700000 The 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. 1610455 30000 Partnerships: 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. Since 2016, REDF has partnered with the City and County of LA to implement LA:RISE, a collaboration between ESEs, next-stage employers and Personal Service Providers (PSPs) to support transition to competitive employment for ESE employees. REDF also provides capacity building support to ESEs to leverage SNAP E&T funding in LA through the County of LA and nationally through USDA. 6445162 119600 Other Program services include Community, Impact Lending, Learning & Evidence, Advocacy, Strategic Implementation, Farber Internship, and Outreach. 6445162 119600 14997407 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 105 0 1 77 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X Maria Kim 4155616679 785 Market Street 1200 San Francisco CA 94103 George R Roberts Board Chair 1.00 X X 0 0 0 Stuart Davidson Vice Chair 1.00 1.00 X X 0 0 0 Philip Estes Treasurer 1.00 1.00 X X 0 0 0 Dan Rose Secretary 1.00 X X 0 0 0 Harris Barton Board Member 1.00 X 0 0 0 Bonnie Boswell Board Member 1.00 X 0 0 0 Elizabeth Y A Ferguson Board Member 1.00 X 0 0 0 Chet P Hewitt Board Member 1.00 X 0 0 0 Mack Jenkins Board Member 1.00 X 0 0 0 George Montgomery Board Member (term end 12/22) 1.00 X 0 0 0 Ryan Nolan Board Member (start 12/22) 1.00 X 0 0 0 Chris O'Donnell Board Member 1.00 X 0 0 0 Chinwe Onyeagoro Board Member (term end 12/22) 1.00 X 0 0 0 Elena Quintana Board Member 1.00 X 0 0 0 Jesse Rogers Board Member (start 9/22) 1.00 X 0 0 0 Maria S Salinas Board Member 1.00 X 0 0 0 Adam Smith Board Member 1.00 X 0 0 0 Carla I Javits Board Member CEO/Senior Advisor (Transition 3/22) 16.00 X X 126271 0 5811 Maria Kim President & CEO 40.00 X X 293304 0 24577 David Samuels Chief Financial & Admin. Officer 40.00 X 242738 0 34285 Carrie McKellogg Chief Program Officer 32.00 8.00 X 228777 0 42919 Jo'Vion Greer VP, Dev. and Marketing Communications 40.00 X 237364 0 24272 Dina Wilderson Director, Learning & Evidence 40.00 X 172882 0 20694 Peter A Lippman Director of Finance 40.00 X 187827 0 28378 Emilie Linick Director, Impact Lending 40.00 X 178980 0 22776 Brian Williams Director of Talent 40.00 X 176730 0 45778 Lori Warren Director, Marketing & Communications 40.00 X 166161 0 34595 2011034 0 284085 33 0 1 0 Seattle Jobs Initiative 1200 12th Avenue South Suite 160 Seattle WA 98144 Technical assistance 311568 Theresa Freeley 3869 17th Street San Francisco CA 94114 Capacity building 141025 The Raben Group LLC 1341 G Street NW 5th Floor Washington DC 20005 Strategy services 140000 Alan J Blair 214 Grant Avenue Suite 350 San Francisco CA 94108 Temporary staff 137109 Mette Anderson Havdrupvej 96 Bronshoj DA 2700 Event Planning 104169 7 1310060 15563774 50129 16873834 4962 4962 Consulting 900099 833977 833977 Other income 900099 87653 87653 921630 17800426 0 0 926592 X 4060929 4060929 1260538 429553 352425 478560 6054319 4691992 1153725 208602 212861 161436 50802 623 1054232 747758 255591 50883 537143 393451 98867 44825 62230 3195 59035 2719707 2146878 192114 380715 28164 17240 7928 2996 405202 296481 78779 29942 484259 351965 96203 36091 466425 348023 102517 15885 72243 19823 51762 658 74689 54431 14677 5581 50128 50128 Affiliate Support 925111 823709 101402 Other expenses 243446 220363 3680 19403 Events 188166 184029 1132 3005 Equipment rental & main 48909 35303 9802 3804 128666 10848 116596 1222 19077367 14997407 2797165 1282795 11204141 14962198 2091540 1588813 27287962 22506994 399232 617215 264680 218758 1165211 903087 258401 262124 16730 2827637 41522686 42983739 1294235 1471323 0 2560907 1294235 4032230 X 40228451 9469287 29482222 40228451 38951509 41522686 42983739 -1276941 0 X 0 1 X 1 0 X 10012142 11446062 81197900 10600776 16873834 130130714 10012142 11446062 81197900 10600776 16873834 130130714 26829106 103301608 34867 42319 11650 6798 4962 100596 284498 439716 921630 1645844 131877154 131684 0.78330 0.74220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 120680 0 0 120680 0 Part II-B, Line 1: REDF informs and influences federal, state, and local policymakers to promote the growth of Employment Social Enterprises and to increase economic opportunity for enterprise employees. In 2022, REDF collaborated with the State of California to create the first statewide program of its kind in the U.S., the new California Regional Initiative for Social Enterprises (CA:RISE). CA:RISE will supercharge the power of California's employment social enterprises to advance economic inclusion and mobility for people overcoming barriers to employment. With approved funding of $25 million in the 2022-2023 state budget, the new California Regional Initiative for Social Enterprises (CA:RISE) will invest in and scale employment social enterprises (ESEs) statewide, creating a stronger and more inclusive economic and workforce development system for the Golden State. 175672 78985 96687 200559 152253 48306 788980 671849 117131 262124 Deposits 16730 Right of use asset - operating lease 2560907 Other assets 250000 2827637 Operating lease liability 2560907 2560907 X Part X, Line 2: REDF 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. 1 A 2nd Cup 1111 E 11th St Houston TX 77009 453267624 501(c)(3) 20000 0 Accelerator Advanced Outsource Solutions (AOS Staffing) 1440 Discovery Pkwy Alton IL 62002 611747324 501(c)(3) 20000 0 Accelerator Architectural Salvage Warehouse of Detroit 4885 15th St Detroit MI 48208 743104421 501(c)(3) 20000 0 Accelerator Breath of Fresh Air PDX 657 SE Yamhil St Portland OR 97214 811845542 20000 0 Accelerator Bridgeways 5801 23rd Dr W 104 Everett WA 98203 911192942 501(c)(3) 10000 0 Strategic Civic Works Baltimore Center for Green Careers 2701 St Lo Dr Baltimore MD 21213 521925614 501(c)(3) 100000 0 Growth Portfolio Clean Decisions 3315 Alden Pl NE Washington DC 20019 472187741 100000 0 Growth Portfolio Clean Decisions 3315 Alden Pl NE Washington DC 20019 472187741 80000 0 Growth Portfolio Coalfield Development dba SustainU PO Box 1133 Wayne WV 25570 263836207 501(c)(3) 100000 0 Growth Portfolio Community Cycles of California 35 Wilson Ave San Jose CA 95126 822949587 501(c)(3) 20000 0 Accelerator Community Kitchen Pittsburgh 107 Flowers Ave Pittsburgh PA 15207 901009621 501(c)(3) 100000 0 Growth Portfolio CommunityWorks Inc 6000 E Evans Ave 2 260 Denver CO 80222 841349649 501(c)(3) 20000 0 Accelerator Conservation Corps of Long Beach 340 Nieto Ave Long Beach CA 90803 330293393 501(c)(3) 10000 0 Strategic Crossroads Campus 707 Monroe St Nashville TN 37208 272397528 501(c)(3) 100000 0 Growth Portfolio DBA Create Common Good 2760 W Excursion 105 Meridian ID 83642 931277434 501(c)(3) 20000 0 Accelerator Digital Nest Inc 318 Union St Bldg B Watsonville CA 95076 465757256 501(c)(3) 20000 0 Accelerator Evanston Rebuilding Warehouse 1245 Hartrey Ave Evanston IL 60202 273797852 501(c)(3) 100000 0 Growth Portfolio Farming Hope 77 Van Ness Ave 101 1613 Suite 101-1613 San Francisco CA 94102 832393341 501(c)(3) 100000 0 Growth Portfolio First Step Staffing 236 Auburn Ave NE 203 203 Atlanta GA 30303 208038859 501(c)(3) 100000 0 Growth Portfolio GRID Alternatives 1338 S Flower St Los Angeles CA 90015 461652604 501(c)(3) 100000 0 Growth Portfolio GRID Alternatives 1338 S Flower St Los Angeles CA 90015 461652604 501(c)(3) 75170 0 Growth Portfolio Heartwood ReSources 3495 Old Highway 99 S Roseburg OR 974714439 931329192 501(c)(3) 20000 0 Accelerator Homeward Bound of Marin 1385 Hamilton Pkwy Novato CA 94949 680011405 501(c)(3) 100000 0 Growth Portfolio Homeward Bound of Marin 1385 Hamilton Pkwy Novato CA 94949 680011405 501(c)(3) 120000 0 Growth Portfolio Hopeworks 'N Camden 808 Market St 3 Fl 3 Camden NJ 08102 311660671 501(c)(3) 100000 0 Growth Portfolio Hot and cool Corp 4331 Degnan Blvd Los Angeles CA 90008 814467119 20000 0 Accelerator InnerCity Weightlifting PO Box 171313 Boston MA 021171543 271333425 501(c)(3) 100000 0 Growth Portfolio Jail to Jobs 1150 S Bell Blvd Cedar Park TX 78613 271601066 501(c)(3) 20000 0 Accelerator Jobs Foundation dba Repowered 860 Vandalia St Saint Paul MN 55114 272295466 501(c)(3) 100000 0 Growth Portfolio Jobs Foundation dba Repowered 860 Vandalia St Saint Paul MN 55114 272295466 501(c)(3) 100000 0 Growth Portfolio Juma Ventures 131 Steuart St 201 San Francisco CA 94105 943203203 501(c)(3) 104600 0 Strategic Leon EL-Alamin PO Box 310246 Flint MI 48531 473281597 20000 0 Accelerator Neighborhood Industries 353 E Olive Ave Fresno CA 93728 743252737 501(c)(3) 100000 0 Growth Portfolio Neighborhood Industries 353 E Olive Ave Fresno CA 93728 743252737 501(c)(3) 75000 0 Growth Portfolio Neighborhood Moving LLC 1200 S Blount St Raleigh NC 27601 562016457 501(c)(3) 20000 0 Accelerator New Moms Inc 5317 W Chicago Ave Chicago IL 60651 363265804 501(c)(3) 10000 0 Strategic Northern Valley Industries Inc 5404 Sherman St Wausau WI 54401 391045865 501(c)(3) 20000 0 Accelerator Nu-Way Staffing 1400 Veterans Memorial Hwy SE Mableton GA 30126 815434792 20000 0 Accelerator OIC Strategic Integration LLC 3407 NW 9th Ave Fort Lauderdale FL 33309 822838293 20000 0 Accelerator Opportunity Construction LLC 325 Frank S Brown Blvd Steelton PA 17113 455382987 100000 0 Growth Portfolio Opportunity Construction LLC 325 Frank S Brown Blvd Steelton PA 17113 455382987 110000 0 Growth Portfolio People Advancing Reintegration Inc 342 E Walnut Ln Philadelphia PA 19144 472545218 501(c)(3) 20000 0 Accelerator Peralta Service Corporation 3301 E 12th St Suite 169 169 Oakland CA 94601 942294572 501(c)(3) 100000 0 Growth Portfolio Pioneer Human Services 7440 W Marginal Way S Seattle WA 98108 910791552 501(c)(3) 100000 0 Growth Portfolio Pioneer Human Services 7440 W Marginal Way S Seattle WA 98108 910791552 501(c)(3) 75000 0 Growth Portfolio Presbyterian Night Shelter (UpSpire) PO Box 2645 Fort Worth TX 76113 751985591 501(c)(3) 100000 0 Growth Portfolio Presbyterian Night Shelter (UpSpire) PO Box 2645 Fort Worth TX 76113 751985591 501(c)(3) 75000 0 Growth Portfolio Project Real Life YOTC PO Box 399 Jonesboro GA 30237 650807566 20000 0 Accelerator Project Return Inc 109 Lafayette St Nashville TN 37210 621058325 501(c)(3) 100000 0 Growth Portfolio Purpose Workforce Solutions 120 W Madison St 800 Chicago IL 60602 832772488 20000 0 Accelerator QuickHaven Inc 220 Montgomery St 1013 San Francisco CA 94104 853590069 20000 0 Accelerator Reimagine ATL 100 Flat Shoals Ave SE Atlanta GA 30316 465278779 20000 0 Accelerator Roots NS Inc 35 Congress Street Suite 2350 Salem MA 01970 475454938 20000 0 Accelerator ROOTS OF RENEWAL 1626 S Ramart St New Orleans LA 70113 471361704 501(c)(3) 20000 0 Accelerator Salazar Landscaping 10423 Atlantic Ave South Gate CA 90280 824465461 20000 0 Accelerator San Gabriel Valley Conservation & Services (SGV) 10900 Mulhall St El Monte CA 91731 270030016 501(c)(3) 20000 0 Accelerator Second Chance Recycling ( Emerge Enterprises) 1179 15th Ave SE Minneapolis MN 554142439 411277423 501(c)(3) 20000 0 Accelerator Stone Soup PDX 4380 S Macadam Ave 190 Portland OR 97239 832501091 501(c)(3) 20000 0 Accelerator The Challenge Program dba CP Furniture 1124 E 7th St Wilmington DE 19801 510386369 501(c)(3) 100000 0 Growth Portfolio The Challenge Program dba CP Furniture 1124 E 7th St Wilmington DE 19801 510386369 501(c)(3) 75000 0 Growth Portfolio The Doe Fund Inc 345 E 102nd St New York NY 10029 133412540 501(c)(3) 100000 0 Growth Portfolio The Knowledge House 363 Rider Ave 3rd floor 3rd Floor New York NY 10451 472747713 501(c)(3) 100000 0 Growth Portfolio The Knowledge House 363 Rider Ave 3rd floor 3rd Floor New York NY 10451 472747713 501(c)(3) 105000 0 Growth Portfolio The NetWork for Better Futures 813 N 5th St Minneapolis MN 55401 450550557 501(c)(3) 100000 0 Growth Portfolio Timelist Group Inc 311 E Ave K4 Lancaster CA 93535 460881011 501(c)(3) 20000 0 Accelerator Touch a Heart 98-820 Moanalua Rd 15 1 Aiea HI 96701 208310130 501(c)(3) 20000 0 Accelerator Triple Bottom Brewing 915 Spring Garden Street Box 50 Philadelphia PA 19123 812913880 20000 0 Accelerator Turn90 3765 Leeds Ave North Charleston SC 29405 460671501 501(c)(3) 20000 0 Accelerator Unloop 900 E Pine St Seattle WA 98122 475302622 501(c)(3) 20000 0 Accelerator Urban Alchemy 1035 Market St 150 San Francisco CA 94103 825408579 501(c)(3) 21159 0 Strategic Urban Alchemy 1035 Market St 150 San Francisco CA 94103 825408579 501(c)(3) 15000 0 Strategic Vehicles for Change 4111 Washington Blvd Halethorpe MD 212274136 541933692 501(c)(3) 20000 0 Accelerator Waterside Workshops 84 Bolivar Dr Berkeley CA 94710 260200654 501(c)(3) 20000 0 Accelerator Wildflyer Coffee 3262 Minnehaha Ave Minneapolis MN 55406 820734578 501(c)(3) 20000 0 Accelerator 49 14 Part I, Line 2: REDF 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. X X 0 0 0 0 0 0 0 0 0 Maria Kim President & CEO 293304 0 0 0 0 0 11000 0 13577 0 317881 0 0 0 David Samuels Chief Financial & Admin. Officer 242738 0 0 0 0 0 9797 0 24488 0 277023 0 0 0 Carrie McKellogg Chief Program Officer 228777 0 0 0 0 0 9425 0 33494 0 271696 0 0 0 Jo'Vion Greer VP, Dev. and Marketing Communication 237364 0 0 0 0 0 9455 0 14817 0 261636 0 0 0 Brian Williams Director of Talent 176730 0 0 0 0 0 7199 0 38579 0 222508 0 0 0 Peter A Lippman Director of Finance 187827 0 0 0 0 0 0 0 28378 0 216205 0 0 0 Emilie Linick Director, Impact Lending 178980 0 0 0 0 0 7129 0 15647 0 201756 0 0 0 Lori Warren Director, Marketing & Communications 166161 0 0 0 0 0 6299 0 28296 0 200756 0 0 0 Dina Wilderson Director, Learning & Evidence 172882 0 0 0 0 0 6930 0 13764 0 193576 0 0 0 X 1 50129 Value, time of trade 0 0 0 Part I, Column (b): The number of items reported is determined by the number of donors. Form 990, Part VI, Section B, line 11b REDF'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 12c REDF 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 15 A 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 19 REDF 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 11g Payroll service fees: Management and general expenses 103,397. Total expenses 103,397. Consultants: Program service expenses 2,146,878. Management and general expenses 88,717. Fundraising expenses 380,715. Total expenses 2,616,310. REDF Impact Investing Fund 785 Market Street Suite 1200 San Francisco CA 94103 842301234 Impact Lending CA 501(c) Line 7 REDF 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 REDF Impact Investing Fund L 833977 Cost REDF Impact Investing Fund S 925111 Cost