2025-08-15T10:25:54-07:00 2024-09-30 261726741 WatsonRice LLP 31 West 34th Street 7006 New York NY 10001 990 2023-10-01 760833915 Change Machine CHAN 7185527336 271 Cadman Plaza E 24763 Brooklyn NY 11202 Dave Uejio COO 2025-08-15 true true Baruti Bediako CPA P00740658 2124477300 2023 2025-03-06 01:10:19Z Dave Uejio COO 2662753 false X CHANGE-MACHINE.ORG X 2006 NY Change Machine's vision is an equitable economy in which we all thrive. Change Machine builds financial security through people-powered technology. We champion the aspirations of those who are most economically disadvantaged by oppressive public policies and practices namely Black and Brown women who navigate financial insecurity. Their success means success for all. Grounded in the expertise and solutions of financial coaches and customers, our technology reaches social service organizations and public agencies nationwide, transforming how they work with people to achieve their financial goals. Our data and research shape lasting change that addresses the economic effects of slavery and patriarchal policies removes barriers to financial security and shrinks the gender and racial wealth gap. 6 6 27 6 0 743122 2031742 575946 584283 11061 10054 255 36674 1330384 2662753 1000 0 0 2524941 1521923 0 343002 1995695 1734607 4521636 3256530 -3191252 -593777 3468128 2683319 865035 674003 2603093 2009316 DESCRIPTION OF ORGANIZATION MISSION: CHANGE MACHINES MISSION IS TO BUILD FINANCIAL SECURITY FOR LOW-INCOME COMMUNITIES THROUGH PEOPLE-POWERED TECHNOLOGY. CHANGE MACHINE ACCOMPLISHES THIS MISSION THROUGH A TECHNOLOGY PLATFORM THAT AMPLIFIES THE IMPACT OF SOCIAL SERVICE ORGANIZATIONS AND PUBLIC AGENCIES WORKING WITH PEOPLE TO ACHIEVE FINANCIAL GOALS. ITS PARTNERSHIPS BUILD A COMMUNITY OF PRACTICE, AND ITS INSIGHTS INFLUENCE LASTING ECONOMIC CHANGE. false false 829419 358190 CAPACITY BUILDING - CHANGE MACHINES BUSINESS-TO-BUSINESS CONSULTING SERVICES ARE DESIGNED TO BUILD CAPACITY AT ORGANIZATIONS THAT WORK WITH LOW-INCOME PEOPLE LOCALLY AND NATIONALLY. THE TEAM PROVIDES TRAINING AND TECHNICAL ASSISTANCE TO BUILD FINANCIAL SECURITY STRATEGIES INTO THE DAILY INTERACTIONS OF FRONTLINE STAFF AT PARTNER ORGANIZATIONS. THIS INCLUDES TRAINING FOR FRONTLINE STAFF TO ENGAGE THEIR CUSTOMERS IN CONVERSATIONS ABOUT PERSONAL FINANCE, AS WELL AS SUPPORT FOR LEADERSHIP TO FULLY IMPLEMENT AN INTEGRATED APPROACH TO FINANCIAL SECURITY SERVICES WITHIN THEIR PROGRAMS AND ORGANIZATIONS. 726273 226093 PRODUCT DEVELOPMENT (PLATFORM) - BUILDING FINANCIAL SECURITY USING PEOPLE-POWERED TECHNOLOGY IS CORE TO CHANGE MACHINES MISSION. ITS REVOLUTIONARY CLOUD-BASED PLATFORM, WHICH OPERATES AS A B2B2C SOFTWARE AS A SERVICE (SAAS) SOCIAL ENTERPRISE, PROVIDES A SINGLE PLATFORM WHERE PRACTITIONERS CAN LEARN BEST FINANCIAL COACHING PRACTICES; ACCESS TOOLS AND INFORMATION; AND PARTICIPATE IN A PROFESSIONAL SOCIAL NETWORK SPECIFICALLY DESIGNED FOR THE FIELD. BUILT BY PRACTITIONERS FOR PRACTITIONERS, CHANGE MACHINES FINANCIAL COACHING PLATFORM PROVIDES A ONE-STOP SHOP FOR EFFECTIVE RESOURCES PRACTITIONERS CAN USE TO ADDRESS THEIR CUSTOMERS UNDERLYING FINANCIAL INSECURITY. 454996 RESEARCH & POLICY - CHANGE MACHINE DEVELOPS AND ADVOCATES FOR POLICY REFORMS AND SYSTEMIC CHANGES THAT WILL REMOVE OBSTACLES TO FINANCIAL SECURITY. CHANGE MACHINE BUILDS COALITIONS AND PARTNERS WITH ADVOCACY GROUPS, RESEARCHERS, THINK TANKS, PRACTITIONERS, AND LOCAL, STATE, AND FEDERAL POLICYMAKERS TO GUIDE AND SUPPORT ITS POLICY AGENDA. ITS IN-HOUSE RESEARCH AND POLICY TEAM SURFACES INSIGHTS USING CUSTOMER DATA CAPTURED ON THE CHANGE MACHINE PLATFORM. CHANGE MACHINE USES ITS DATA AND RESEARCH TO LEVERAGE LESSONS LEARNED ON THE GROUND TO CREATE IMPACT FAR BEYOND AN INITIAL PROGRAM - INFORMING BEST PRACTICES, THE FIELD, AND PUBLIC POLICY. 2010688 true true false false false false false false false false true false false false false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 27 0 true 27 true false false false false false false false 0 false false false false false false false X 6 6 false false false false false true true true true false false true true true true true true true true false NY X X Maya Viknius 8282633143 1547 Peoria Road Sugar Grove NC 28679 Mae Watson Grote CEO 40.00 0.00 X 246408 0 93255 David Bautista Chief Prod & Tech 40.00 0.00 156063 0 27127 Kattherine Reeves Chief Strategy Off 40.00 0.00 142193 0 28718 Tamika Johnson Chief Engmt/Adopti 40.00 0.00 155238 0 14142 Martinez PaniaguaJesus Engineering Lead 40.00 0.00 114568 0 10738 Kevin McQueen Board Chair 2.00 0.00 X X 0 0 0 Andy Tuckett Treasurer 2.00 0.00 X X 0 0 0 Rhonda Mower Director 2.00 0.00 X 0 0 0 Ross Hamilton Director 2.00 0.00 X 0 0 0 Jasmine Colquitt Director 2.00 0.00 X 0 0 0 Jason Wallace Director 2.00 0.00 X 0 0 0 814470 173980 5 false true false Andela 129 West 29th Street 4th FL New York NY 10001 Engineering/Prod. Devel. 248467 YPTC 1500 Walnut St Suite 1200 Philadelphia PA 191023507 Accounting 240780 Beacon Hill Staffing Group LLC 152 Bowdoin St Boston MA 02108 O/sourced clerical, mngmt 112634 5 2031742 2031742 Software Subscription 624100 584283 584283 584283 10054 10054 0 0 0 0 0 0 0 Gain on Lease Termination 900099 35999 35999 Other Income 900099 675 675 36674 2662753 584958 46053 X 0 0 0 0 297957 101133 64106 132718 0 954617 736746 180142 37729 90312 66600 11199 12513 93937 85370 8567 85100 56778 16803 11519 144363 47376 53901 43086 364 364 259314 259314 0 0 0 341594 236108 66781 38705 99246 67613 31573 60 10109 3040 6574 495 406090 283660 76800 45630 0 164725 123179 26767 14779 7332 376 6744 212 0 7640 4578 2206 856 50185 50185 0 171983 168772 2054 1157 38212 28409 6260 3543 Other Expenses 32500 32500 Subgrant payment 950 950 0 3256530 2010688 902840 343002 1985792 1228745 371223 371409 175000 54369 157048 0 0 0 0 121610 97843 1472452 819178 648908 653274 0 0 0 0 286226 0 3468128 2683319 187413 180025 42959 64132 429846 429846 204817 865035 674003 X 1268958 878124 1334135 1131192 2603093 2009316 3468128 2683319 -593777 X false true X true false X 2998391 5729281 5733334 743122 2031742 17235870 0 0 2998391 5729281 5733334 743122 2031742 17235870 9179539 8056331 2741 530 186 11061 10054 24572 0 255 36674 36929 17297371 2595658 0.46580 0.46920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12300 12300 119333 102827 16506 1340819 704051 636768 653274 2687392 24639 24639 2662753 2662753 3281169 24639 24639 3256530 3256530 X X false false false false false false false false false David Bautista Chief Prod & Tech 156063 15885 11242 183190 Kattherine Reeves Chief Strategy Off 142193 15297 13421 170911 Mae Watson Grote CEO 236408 10000 25000 68255 339663 Tamika Johnson Chief Engmt/Adopti 155238 14142 169380 Form 990, Part VI, Section B, Line 11b THE PREPARED FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND THE CEO AND THEN BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS. Form 990, Part VI, Section B, Line 12c ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BODY-DELEGATED POWER WHO HAS, DIRECTLY OR INDIRECTLY,THROUGH BUSINESS INVESTMENTS OR FAMILY: (I) AN OWNERSHIP OR INVESTMENT IN ANY ENTITY WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, (II) A COMPENSATION ARRANGEMENT WITH THE ORGANIZATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, OR (III) A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUALS WITH WHICH THE ORGANIZATION IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. NO DIRECTOR SHALL VOTE ON ANY MATTER IN WHICH HE OR SHE HAS AN INTEREST. Form 990, Part VI, Section B, Line 15a THE CEOS COMPENSATION IS REVIEWED BY THE MEMBERS OF THE GOVERNING BODY USING COMPARABLE DATA. THE DELIBERATION AND DECISION IS THEN MEMORIALIZED IN AN OFFICIAL LETTER TO THE CEO OF ANY ADJUSTMENT TO COMPENSATION. THIS PROCESS WAS LAST UNDERTAKEN IN SEPTEMBER 2021. Form 990, Part VI, Section B, Line 15b ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BODY-DELEGATED POWER WHO HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS INVESTMENTS OR FAMILY: (I) AN OWNERSHIP OR INVESTMENT IN ANY ENTITY WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, (II) A COMPENSATION ARRANGEMENT WITH THE ORGANIZATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, OR (III) A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUALS WITH WHICH THE ORGANIZATION IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. NO DIRECTOR SHALL VOTE ON ANY MATTER IS WHICH HE OR SHE HAS AN INTEREST. 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.