LIVING CITIES INC THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- LIVING CITIES INC THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE (EIN 26-0003950)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-16
- IRS object ID
- 202241369349315304
- Schema version
- 2020v4.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-16T17:15:52-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 132781641 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MITCHELL & TITUS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 PINE STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260003950 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIVING CITIES INC THE NATIONAL COMMUNITY | BusinessNameLine1Txt |
| Business Name Line2 | DEVELOPMENT INITIATIVE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIVI | BusinessNameControlTxt |
| Phone | 6464422200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1730 M STREET NW NO 400 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH SCANTLEBURY | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 6464422200 | PhoneNum |
| Signature | 2022-05-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOSEPH | PersonFirstNm |
| Person Last | SCANTLEBURY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FREDERICK E DAVIS JR | PreparerPersonNm |
| PTIN | P00446023 | PTIN |
| Phone | 2127094500 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOSEPH SCANTLEBURY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1730 M STREET NW NO 400 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $12,463,334 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LIVINGCITIES.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | LIVING CITIES HARNESSES THE COLLECTIVE POWER OF PHILANTHROPY AND FINANCIAL INSTITUTIONS TO IMPROVE THE LIVES OF LOW-INCOME PEOPLE AND THE CITIES WHERE THEY LIVE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 38 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $19,536,519 | PYContributionsGrantsAmt |
| CY Contributions Grants | $11,502,778 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $495,684 | PYInvestmentIncomeAmt |
| CY Investment Income | $650,741 | CYInvestmentIncomeAmt |
| PY Other Revenue | $135,474 | PYOtherRevenueAmt |
| CY Other Revenue | $309,815 | CYOtherRevenueAmt |
| PY Total Revenue | $20,167,677 | PYTotalRevenueAmt |
| CY Total Revenue | $12,463,334 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,107,472 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,466,502 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,241,918 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,360,340 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $347,768 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,832,627 | PYOtherExpensesAmt |
| CY Other Expenses | $4,028,471 | CYOtherExpensesAmt |
| PY Total Expenses | $10,182,017 | PYTotalExpensesAmt |
| CY Total Expenses | $10,855,313 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,985,660 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,608,021 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $61,675,903 | TotalAssetsBOYAmt |
| Total Assets EOY | $53,612,951 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $34,996,738 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $25,228,434 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $26,679,165 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $28,384,517 | NetAssetsOrFundBalancesEOYAmt |
| Mission | LIVING CITIES HARNESSES THE COLLECTIVE POWER OF PHILANTHROPY AND FINANCIAL INSTITUTIONS TO IMPROVE THE LIVES OF LOW-INCOME PEOPLE AND THE CITIES WHERE THEY LIVE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,830,226 | ExpenseAmt |
| Grant | $450,000 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | CLOSING THE GAPS NETWORK - THE CLOSING THE GAPS NETWORK IS A PROGRAMMATIC AREA CONSISTING OF THREE SUB INITIATIVES, WHICH ARE PRACTICE AREAS, STRATEGY AREA, AND FIELD BUILDING AND SECTORAL CHANGE. THE CLOSING THE GAPS NETWORK ACKNOWLEDGES THAT THROUGH POLICIES, LAWS, AND PRACTICES THAT CONFERRED ADVANTAGES AND DISADVANTAGES ALONG RACIAL LINES, GOVERNMENT HAS PLAYED A LARGE ROLE IN CREATING AND MAINTAINING INEQUITIES THAT HAVE LED TO RACIAL INCOME AND WEALTH GAPS. GOVERNMENT CAN PLAY AN OUTSIZED ROLE IN ADDRESSING THEM. THE NETWORK BRINGS TOGETHER LOCAL GOVERNMENT LEADERS FROM UP TO 30 CITIES FROM ACROSS THE COUNTRY WHO ARE COMMITTED TO IMAGINING WHAT AN ANTIRACIST SOCIETY MIGHT LOOK LIKE, AND TO PLAYING AN IMPORTANT ROLE IN BUILDING IT THROUGH TRANSFORMING GOVERNMENT POLICIES, PRACTICES, AND OPERATIONS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,997,687 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $557,618 | RevenueAmt |
| Desc | CAPITAL FOR THE NEW MAJORITY - ACCORDING TO EXISTING DATA TO BETTER UNDERSTAND THE SCALE OF THE RACIAL INCOME AND WEALTH GAPS, CAPITAL IS NOT DISTRIBUTED EQUITABLY. IN A COUNTRY UNDERGOING RAPID DEMOGRAPHIC SHIFTS, ADDRESSING SYSTEMIC RACIAL DISPARITIES IS PARAMOUNT. THIS PROJECT WILL IDENTIFY OPPORTUNITIES TO SHIFT POWER WITHIN THE CAPITAL SYSTEMS AND ACHIEVE BETTER OUTCOMES FOR ALL PEOPLE LIVING IN U.S. CITIES. CAPITAL FOR THE NEW MAJORITY WILL EXPLORE THE CREATION OF A HYBRID EQUITY FUND THAT ADDRESSES THE CAPITAL NEEDS OF FUND MANAGERS OF COLOR, EXAMINE WAYS TO LEVEL THE PLAYING FIELD FOR WEALTH BUILDING, AND LEVERAGE RELATIONSHIPS TO PROMOTE THE DEVELOPMENT OF A COMMUNITY PRACTICE THAT CHANNELS CAPITAL INTO THE HANDS OF FOUNDERS AND FUND MANAGERS OF COLOR. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,148,874 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | LEARNING, STORYTELLING AND RESULTS - BY OPEN SOURCING SOCIAL CHANGE, LIVING CITIES WORKS AT THE INTERSECTION OF LEARNING, INFORMATION, STORY AND TECHNOLOGY TO BRING PEOPLE AND RESOURCES TOGETHER. LEARNING, STORYTELLING AND RESULTS EXPLORES WAYS IN WHICH DATA AND LEARNING STORIES CAN BE GATHERED, ANALYZED AND USED IN DECISION-MAKING FOR COLLECTIVE IMPACT INITIATIVES. THIS PROJECT DISSEMINATES VARIOUS TOOLS AND RESOURCES IN AN EFFORT TO DEEPEN AND ACCELERATE PROMISING SOLUTIONS TO CLOSING RACIAL INCOME AND WEALTH GAPS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,780,666 | ExpenseAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,780,666 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $7,757,453 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 55 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 38 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ESTHER MENSAH-SULLIVAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6464422222 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1730 M STREET NW SUITE 400 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| BRANDEE MCHALE | ||||||||
| BOARD MEMBER, CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LATA REDDY | ||||||||
| BOARD MEMBER, VICE PRESIDENT | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DON CHEN | ||||||||
| BOARD MEMBER, TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOE SCANTLEBURY | ||||||||
| MANAGING DIRECTOR, SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LISA HAMILTON | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW PLEPLER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARIA TORRES-SINGER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RYAN RIPPEL | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BARBARA PICOWER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RIP RAPSON | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TAWA MITCHELL | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KARA CARLISLE | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DENNIS WHITE | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SHANE HARRIS | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| OTIS ROLLEY III | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM BAEK | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CELINE SUAREZ | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD BESSER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PHILLIP GASKIN | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LYNETTE BELL | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BEN HECHT | ||||||||
| PRESIDENT & CEO | 40.00 | $451,270 | $0 | $29,414 | Yes (X) | |||
| CHIPO SACHIRARWE | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | $164,749 | $0 | $28,458 | Yes (X) | |||
| JANAY QUEEN NAZAIRE | ||||||||
| CHIEF STRATEGY OFFICER | 40.00 | $200,266 | $0 | $25,385 | Yes (X) | |||
| DEMETRIC DUCKETT | ||||||||
| MANAGING DIRECTOR, CAPITAL | 40.00 | $209,273 | $0 | $28,023 | Yes (X) | |||
| ELIZABETH REYNOSO | ||||||||
| ASSOCIATE DIRECTOR | 40.00 | $167,964 | $0 | $30,198 | Yes (X) | |||
| NADIA OWUSU | ||||||||
| ASSOCIATE DIRECTOR | 40.00 | $170,480 | $0 | $21,394 | Yes (X) | |||
| JULIE BOSLAND | ||||||||
| ASSOCIATE DIRECTOR | 40.00 | $166,177 | $0 | $27,179 | Yes (X) | |||
| ESTHER MENSAH-SULLIVAN | ||||||||
| CONTROLLER | 40.00 | $161,175 | $0 | $31,176 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,691,354 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $221,227 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JBG SMITH PROPERTIES | |||||
| PO BOX 642773 | PITTSBURGH | PA | 15264 | RENT | $239,316 |
| 1040 AVENUE OF THE AMERICAS LLC | |||||
| PO BOX 765 | SHORT HILLS | NJ | 07078 | RENT | $223,566 |
| PATTERSON BELKNAP WEBB & TYLER LLP | |||||
| 1133 AVE | NEW YORK | NY | 10036 | LEGAL SERVICES | $195,084 |
| GHOST NOTE AGENCY | |||||
| 229 1/2 PENNSYLVANIA AVENUE SOUTHE | WASHINGTON | DC | 20001 | WEBSITE DEVELOPMENT & MAINTENANCE | $165,175 |
| EREPUBLIC | |||||
| 1100 CONNECTICUT AVENUE NW SUITE | WASHINGTON | DC | 20036 | PUBLICATIONS & PROMOTION | $163,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $11,502,778 | AllOtherContributionsAmt |
| Total Contributions | $11,502,778 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $650,741 | TotalRevenueColumnAmt |
| Exclusion | $650,741 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|
| OTHER INCOME | $132,570 | $132,570 |
| LOAN LOSS RESERVE EXPENSE | $123,800 | $123,800 |
| MANAGEMENT FEE INCOME | $53,445 | $53,445 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $309,815 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,463,334 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $960,556 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,406,502 | TotalAmt |
| Program Services | $1,406,502 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,000 | TotalAmt |
| Program Services | $60,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,308,104 | TotalAmt |
| Program Services | $1,189,887 | ProgramServicesAmt |
| Management And General | $770,449 | ManagementAndGeneralAmt |
| Fundraising | $347,768 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,044,307 | TotalAmt |
| Program Services | $1,240,856 | ProgramServicesAmt |
| Management And General | $803,451 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $296,162 | TotalAmt |
| Program Services | $179,765 | ProgramServicesAmt |
| Management And General | $116,397 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $409,171 | TotalAmt |
| Program Services | $248,359 | ProgramServicesAmt |
| Management And General | $160,812 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $302,596 | TotalAmt |
| Program Services | $183,670 | ProgramServicesAmt |
| Management And General | $118,926 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $322,236 | TotalAmt |
| Program Services | $301,450 | ProgramServicesAmt |
| Management And General | $20,786 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,778 | TotalAmt |
| Program Services | $34,813 | ProgramServicesAmt |
| Management And General | $29,965 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,660,065 | TotalAmt |
| Program Services | $1,393,519 | ProgramServicesAmt |
| Management And General | $266,546 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,186 | TotalAmt |
| Program Services | $7,624 | ProgramServicesAmt |
| Management And General | $6,562 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,453 | TotalAmt |
| Program Services | $4,543 | ProgramServicesAmt |
| Management And General | $3,910 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166,002 | TotalAmt |
| Program Services | $89,213 | ProgramServicesAmt |
| Management And General | $76,789 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $505,148 | TotalAmt |
| Program Services | $271,477 | ProgramServicesAmt |
| Management And General | $233,671 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,962 | TotalAmt |
| Program Services | $80,244 | ProgramServicesAmt |
| Management And General | $48,718 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $644,749 | TotalAmt |
| Program Services | $639,444 | ProgramServicesAmt |
| Management And General | $5,305 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,469 | TotalAmt |
| Program Services | $45,396 | ProgramServicesAmt |
| Management And General | $39,073 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,441 | TotalAmt |
| Program Services | $20,122 | ProgramServicesAmt |
| Management And General | $17,319 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| LOAN LOSS RESERVE EXPEN | $304,253 | $304,253 | |
| MISC | $39,810 | $30,664 | $9,146 |
| UTILITIES | $27,643 | $14,856 | $12,787 |
| REPAIRS AND MAINTENANCE | $7,775 | $4,178 | $3,597 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,501 | TotalAmt |
| Program Services | $6,618 | ProgramServicesAmt |
| Management And General | $5,883 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,855,313 | TotalAmt |
| Program Services | $7,757,453 | ProgramServicesAmt |
| Management And General | $2,750,092 | ManagementAndGeneralAmt |
| Fundraising | $347,768 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,253,552 | BOYAmt |
| EOY | $12,805,131 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,082,059 | BOYAmt |
| EOY | $2,017,731 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,785,309 | BOYAmt |
| EOY | $14,199,136 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,955,958 | BOYAmt |
| EOY | $16,932,200 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,848 | BOYAmt |
| EOY | $126,617 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $972,530 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $836,304 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $196,610 | BOYAmt |
| EOY | $136,226 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,241,475 | BOYAmt |
| EOY | $4,520,352 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,973,625 | BOYAmt |
| EOY | $2,794,091 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,467 | BOYAmt |
| EOY | $81,467 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,675,903 | BOYAmt |
| EOY | $53,612,951 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $197,514 | BOYAmt |
| EOY | $526,156 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $252,058 | BOYAmt |
| EOY | $182,311 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,990,394 | BOYAmt |
| EOY | $24,409,108 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $556,772 | BOYAmt |
| EOY | $110,859 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,996,738 | BOYAmt |
| EOY | $25,228,434 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,327,844 | BOYAmt |
| EOY | $9,824,410 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,351,321 | BOYAmt |
| EOY | $18,560,107 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,679,165 | BOYAmt |
| EOY | $28,384,517 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,675,903 | BOYAmt |
| EOY | $53,612,951 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,608,021 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $97,331 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,128,179 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,809,243 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,337,789 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,536,519 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,502,778 | CurrentTaxYearAmt |
| Total | $71,314,508 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,128,179 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,809,243 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,337,789 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,536,519 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,502,778 | CurrentTaxYearAmt |
| Total | $71,314,508 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $45,450,030 | SubstantialContributorsTotAmt |
| Public Support Total170 | $25,864,478 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,168 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $56,579 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $470,328 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $495,684 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $650,741 | CurrentTaxYearAmt |
| Total | $1,701,500 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,711 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $88,627 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,973 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $135,474 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $309,815 | CurrentTaxYearAmt |
| Total | $570,600 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $73,586,608 | TotalSupportAmt |
| Public Support CY170 | 0.35150 | PublicSupportCY170Pct |
| Public Support PY170 | 0.36940 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $249,114 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $219,191 | DepreciationAmt |
| Book Value | $29,923 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $723,416 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $617,113 | DepreciationAmt |
| Book Value | $106,303 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $136,226 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| 2.0% IMPACT VENTURES III LP | $1,251,702 | C |
| 2.5% URBAN INNOVATION FD I LP | $460,000 | C |
| DOMESTIC SMALL CAP PFS FUND I, LP | $582,396 | C |
| FOUNDERS FIRST CAPITAL PARTNERS | $499,993 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $2,794,091 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED RENT | Desc |
| Amt | $110,859 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $110,859 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $12,560,665 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $97,331 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $97,331 | RevenueNotReportedAmt |
| Revenue Subtotal | $12,463,334 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $12,463,334 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $10,855,313 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $10,855,313 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $10,855,313 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS OR FURTHER DISCLOSURE IN THE NOTES TO THE FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| ACTIVEST LLC | |||||||
| 712 H STREET NE 993 | WASHINGTON | DC | 20002 | 852644303 | $50,000 | FOR DEVELOPMENT OF REPORT AND CAMPAIGN TO MOTIVATE BONDHOLDERS TO ELIMINATE EXCLUSIONARY SCHOOL DISCIPLINE PRACTICES. | |
| CITY OF ALBEQUERQUE | |||||||
| 1 CIVIC PLAZA NW ROOM 1080B PO BOX | ALBUQUERQUE | NM | 87102 | $75,000 | THE SUPPORT THE CITY'S PARTICIPATION IN THE YEAR OF RECKONING AS THE FOUNDATIONAL RACIAL EQUITY TRAINING AND COMPETENCY BUILDING COMPONENT OF A MULTI-FACETED APPROACH TO WORK WITHIN CITIES. | 17 | |
| CITY OF AUSTIN | |||||||
| 1050 EAST 11TH STREET SUITE 250 | AUSTIN | TX | 78702 | $75,000 | THE SUPPORT THE CITY'S PARTICIPATION IN THE YEAR OF RECKONING AS THE FOUNDATIONAL RACIAL EQUITY TRAINING AND COMPETENCY BUILDING COMPONENT OF A MULTI-FACETED APPROACH TO WORK WITHIN CITIES. | ||
| CITY OF MEMPHIS | |||||||
| 125 N MAIN STREET ROOM 348 | MEMPHIS | TN | 38103 | $75,000 | THE SUPPORT THE CITY'S PARTICIPATION IN THE YEAR OF RECKONING AS THE FOUNDATIONAL RACIAL EQUITY TRAINING AND COMPETENCY BUILDING COMPONENT OF A MULTI-FACETED APPROACH TO WORK WITHIN CITIES. | ||
| CITY OF MINNEAPOLIS | |||||||
| 350 SOUTH 5TH ST | MINNEAPOLIS | MN | 55415 | $75,000 | THE SUPPORT THE CITY'S PARTICIPATION IN THE YEAR OF RECKONING AS THE FOUNDATIONAL RACIAL EQUITY TRAINING AND COMPETENCY BUILDING COMPONENT OF A MULTI-FACETED APPROACH TO WORK WITHIN CITIES. | ||
| CITY OF ROCHESTER | |||||||
| 30 CHURCH ST | ROCHESTER | NY | 14614 | $75,000 | THE SUPPORT THE CITY'S PARTICIPATION IN THE YEAR OF RECKONING AS THE FOUNDATIONAL RACIAL EQUITY TRAINING AND COMPETENCY BUILDING COMPONENT OF A MULTI-FACETED APPROACH TO WORK WITHIN CITIES. | ||
| CITY OF ST PAUL | |||||||
| 700 CITY HALL W KELLOGG BLVD | SAINT PAUL | MN | 14614 | $75,000 | THE SUPPORT THE CITY'S PARTICIPATION IN THE YEAR OF RECKONING AS THE FOUNDATIONAL RACIAL EQUITY TRAINING AND COMPETENCY BUILDING COMPONENT OF A MULTI-FACETED APPROACH TO WORK WITHIN CITIES | ||
| OPPORTUNITY HUB | |||||||
| 1175 PEACHTREET ROAD NE SUITE 1000 | ATLANTA | GA | 30361 | 463629769 | $7,500 | SPONSORSHIP OF HBCU FOR SOUTH BY SOUTHWEST EVENT PARTNERSHIP. | |
| MAYOR'S FUND FOR PHILADELPHIA | |||||||
| CITY HALL ROOM 267 | PHILADELPHIA | PA | 19107 | $1,000 | CONTRIBUTION IN SUPPORT OF MUNICIPAL MEMBERSHIP COSTS ASSOCIATED WITH THE GOVERNMENT ALLIANCE FOR RACIAL EQUITY (GARE). | ||
| SCHOOL READINESS CONSULTING LLC | |||||||
| 912 THAYER AVENUE SUITE 209 | SILVER SPRING | MD | 20910 | 450949314 | $863,693 | PROJECT TO LIFT BLPOC VOICES IN THE EARLY CHILDHOOD FIELD, AND BUILD AWARENESS, KNOWLEDGE SKILL AND CAPACITY TO ADDRESS RACIAL INEQUITY IN SYSTEMS. | |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BEN HECHT | ||||||||||||||
| PRESIDENT & CEO | $451,270 | $0 | $0 | $0 | $0 | $0 | $26,277 | $0 | $3,137 | $0 | $480,684 | $0 | $0 | $0 |
| CHIPO SACHIRARWE | ||||||||||||||
| CHIEF OPERATING OFFICER | $164,749 | $0 | $0 | $0 | $0 | $0 | $12,265 | $0 | $16,193 | $0 | $193,207 | $0 | $0 | $0 |
| JANAY QUEEN NAZAIRE | ||||||||||||||
| CHIEF STRATEGY OFFICER | $200,266 | $0 | $0 | $0 | $0 | $0 | $11,864 | $0 | $13,521 | $0 | $225,651 | $0 | $0 | $0 |
| DEMETRIC DUCKETT | ||||||||||||||
| MANAGING DIRECTOR, CAPITAL | $209,273 | $0 | $0 | $0 | $0 | $0 | $20,441 | $0 | $7,582 | $0 | $237,296 | $0 | $0 | $0 |
| ELIZABETH REYNOSO | ||||||||||||||
| ASSOCIATE DIRECTOR | $167,964 | $0 | $0 | $0 | $0 | $0 | $16,909 | $0 | $13,289 | $0 | $198,162 | $0 | $0 | $0 |
| NADIA OWUSU | ||||||||||||||
| ASSOCIATE DIRECTOR | $170,480 | $0 | $0 | $0 | $0 | $0 | $8,105 | $0 | $13,289 | $0 | $191,874 | $0 | $0 | $0 |
| JULIE BOSLAND | ||||||||||||||
| ASSOCIATE DIRECTOR | $164,677 | $0 | $1,500 | $0 | $0 | $0 | $12,732 | $0 | $14,447 | $0 | $193,356 | $0 | $0 | $0 |
| ESTHER MENSAH-SULLIVAN | ||||||||||||||
| CONTROLLER | $160,175 | $0 | $1,000 | $0 | $0 | $0 | $15,263 | $0 | $15,913 | $0 | $192,351 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | EACH "FUNDING ORGANIZATION" HAS THE RIGHT TO APPOINT A DIRECTOR TO THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S FORM 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS BEFORE IT IS FILED WITH THE IRS. THE RETURN IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM, MITCHELL TITUS, LLP, BASED ON INFORMATION PROVIDED BY THE ORGANIZATION'S ACCOUNTING MANAGER, AND IS REVIEWED PRIOR TO SIGNING BY THE ORGANIZATIONS CEO AND COO FOR FILING. THE AUDIT COMMITTEE IS NOT INVOLVED IN THE REVIEW/FILING PROCESS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL EMPLOYEES MUST SIGN A CONFLICT OF INTERST DISCLOSURE STATEMENT WHEN HIRED; THE STATEMENT EXPLICITLY REQUIRES THE EMPLOYEE TO REPORT, TO FILE, AND AMEND STATEMENT WITH THE CEO IF A CONFLICT MAY ARISE DURING THEIR TENURE. |
| FORM 990, PART VI, SECTION B, LINE 15 | IN 2013, THE ORGANIZATION RETAINED A COMPENSATION CONSULTANT TO REVIEW AND CONFIRM THE SALARY RANGES OF ALL POSITIONS IN THE ORGANIZATION. THE RESULTS OF THAT STUDY WERE UPDATED IN 2015, FISCAL YEAR 2016. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | CONSULTANT FEES & EXPENSES: PROGRAM SERVICE EXPENSES 1,280,349. MANAGEMENT AND GENERAL EXPENSES 169,047. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,449,396. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 113,170. MANAGEMENT AND GENERAL EXPENSES 97,499. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 210,669. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| LIVING CITIES CATALYST FUND LLC | |||||||||
| 1040 AVENUE OF THE AMERICAS | NEW YORK | NY | 10018 | 262987680 | PRI LENDER | DE | -$1,662,198 | $0 | LCI |
| LIVING CITIES BLENDED CATALYST FUND LLC | |||||||||
| 1040 AVENUE OF THE AMERICAS | NEW YORK | NY | 10018 | 300889697 | PRI LENDER | DE | -$579,500 | $26,999,187 | LCI |