ACCELERTOR FOR AMERICA: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- ACCELERTOR FOR AMERICA (EIN 82-1702618)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-12
- IRS object ID
- 202133199349304003
- Schema version
- 2020v4.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-12T13:00:02-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 454646793 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kevin E Fordyce | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1327 North Pacific Avenue | AddressLine1Txt |
| City | Glendale | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 821702618 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Accelerator for America | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ACCE | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 970 South Village Oaks Dr Ste 209 | AddressLine1Txt |
| City | Covina | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91724 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Aaron Thomas | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 6269665600 | PhoneNum |
| Signature | 2021-11-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Aaron | PersonFirstNm |
| Person Last | Thomas | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kevin E Fordyce CPA | PreparerPersonNm |
| PTIN | P01469246 | PTIN |
| Phone | 8185431400 | PhoneNum |
| Preparation | 2021-11-12 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Gross Receipts | $5,073,136 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.acceleratorforamerica.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2017 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | Accelerator for America provides strategic support for local initiatives that strengthen peoples economic security, connect them with job opportunities and foster infrastructure development. Our supported initiatives can be scaled nationwide to benefit disavantaged communities. | ActivityOrMissionDesc |
| Voting Members Governing Body | 2 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 10 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,938,231 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,067,964 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,054 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,172 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,939,285 | PYTotalRevenueAmt |
| CY Total Revenue | $5,073,136 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $617,500 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $775,029 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $702,070 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $885,096 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $77,618 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $630,613 | PYOtherExpensesAmt |
| CY Other Expenses | $523,363 | CYOtherExpensesAmt |
| PY Total Expenses | $1,950,183 | PYTotalExpensesAmt |
| CY Total Expenses | $2,183,488 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$10,898 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,889,648 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $857,206 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,636,074 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $486,298 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $375,518 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $370,908 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,260,556 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Accelerator for America provides strategic support for local initiatives that strengthen peoples economic security, connect them with job opportunities and foster infrastructure development. Our supported initiatives can be scaled nationwide to benefit disavantaged communities. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,753,629 | ExpenseAmt |
| Desc | Accelerator for America finds and develops solutions to economic insecurity and shares them with cities across the country, fostering inclusive, long-term wealth building for communities traditionally precluded. In response to the pandemic, we collaborated with partners in LA to create an initiative, which provided direct financial assistance to Angelenos. We provided $36,753,800 via 37,841 Angeleno Cards to help 104,156 Angelenos. We then partnered with the Open Society Foundations for replication into 10 additional communities across the country, which have distributed over $20,000,000 and helped over 30,000 people. In response to federal support in the American Rescue Plan (ARP), we are working with cities to establish Stimulus Command Centers, executive-level task forces comprising leaders from the public, private, and civic sectors that will serve as the points for planning, prioritizing, and coordinating federal rescue and recovery investments. | Desc |
| Total Program Service Expenses | $1,753,629 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 8 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 10 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 2 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | false | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Aaron Thomas | PersonNm |
| Phone | 6269665600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 970 South Village Oaks Dr Ste 209 | AddressLine1Txt |
| City | Covina | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91724 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Richard Jacobs | ||||||||
| CEO | 40.00 | 0.00 | Yes (X) | $230,182 | $0 | $0 | ||
| Aaron Thomas | ||||||||
| CEO | 40.00 | 0.00 | Yes (X) | $158,332 | $0 | $5,611 | ||
| Philip Chambers | ||||||||
| Chief of Staff | 0.00 | 0.00 | $130,191 | $0 | $5,330 | Yes (X) | Yes (X) | |
| Glen Dake | ||||||||
| Treasurer and Secretary | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Jonathan Weiss | ||||||||
| Board Chairman | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $518,705 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $10,941 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Bruce Katz | PersonNm |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2404 N Florida Street | AddressLine1Txt |
| City | Arlington | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22207 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Consulting | ServicesDesc |
| Compensation | $125,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $5,067,964 | AllOtherContributionsAmt |
| Total Contributions | $5,067,964 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,172 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,172 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,073,136 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,172 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $775,029 | TotalAmt |
| Program Services | $775,029 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $247,616 | TotalAmt |
| Program Services | $173,331 | ProgramServicesAmt |
| Management And General | $49,523 | ManagementAndGeneralAmt |
| Fundraising | $24,762 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $539,781 | TotalAmt |
| Program Services | $379,422 | ProgramServicesAmt |
| Management And General | $130,791 | ManagementAndGeneralAmt |
| Fundraising | $29,568 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,102 | TotalAmt |
| Program Services | $26,046 | ProgramServicesAmt |
| Management And General | $8,496 | ManagementAndGeneralAmt |
| Fundraising | $2,560 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,597 | TotalAmt |
| Program Services | $42,539 | ProgramServicesAmt |
| Management And General | $13,877 | ManagementAndGeneralAmt |
| Fundraising | $4,181 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $248,050 | TotalAmt |
| Program Services | $248,050 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,177 | TotalAmt |
| Management And General | $26,177 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,276 | TotalAmt |
| Management And General | $97,276 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,175 | TotalAmt |
| Program Services | $6,441 | ProgramServicesAmt |
| Management And General | $2,101 | ManagementAndGeneralAmt |
| Fundraising | $633 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,151 | TotalAmt |
| Program Services | $9,232 | ProgramServicesAmt |
| Management And General | $3,012 | ManagementAndGeneralAmt |
| Fundraising | $907 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,116 | TotalAmt |
| Program Services | $2,889 | ProgramServicesAmt |
| Management And General | $943 | ManagementAndGeneralAmt |
| Fundraising | $284 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,519 | TotalAmt |
| Program Services | $9,490 | ProgramServicesAmt |
| Management And General | $3,096 | ManagementAndGeneralAmt |
| Fundraising | $933 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,828 | TotalAmt |
| Program Services | $38,828 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $847 | TotalAmt |
| Program Services | $595 | ProgramServicesAmt |
| Management And General | $194 | ManagementAndGeneralAmt |
| Fundraising | $58 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,140 | TotalAmt |
| Management And General | $3,140 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| Fundraising | $9,629 | $9,629 | ||
| Communications | $48,965 | $3,379 | $34,373 | $11,213 |
| Miscellaneous | $10,490 | $724 | $7,364 | $2,402 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,183,488 | TotalAmt |
| Program Services | $1,753,629 | ProgramServicesAmt |
| Management And General | $352,241 | ManagementAndGeneralAmt |
| Fundraising | $77,618 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $758,206 | BOYAmt |
| EOY | $1,612,159 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,436 | BOYAmt |
| EOY | $2,000,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $15,110 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,564 | BOYAmt |
| EOY | $4,771 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,881 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $847 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $4,034 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $857,206 | BOYAmt |
| EOY | $3,636,074 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $224,524 | BOYAmt |
| EOY | $151,581 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $261,774 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $123,937 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $486,298 | BOYAmt |
| EOY | $375,518 | 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 | $320,060 | BOYAmt |
| EOY | $476,267 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,848 | BOYAmt |
| EOY | $2,784,289 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $370,908 | BOYAmt |
| EOY | $3,260,556 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $857,206 | BOYAmt |
| EOY | $3,636,074 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,889,648 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | 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 Minus3 Years | $957,555 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $810,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,939,231 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,067,964 | CurrentTaxYearAmt |
| Total | $8,774,750 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $957,555 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $810,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,939,231 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,067,964 | CurrentTaxYearAmt |
| Total | $8,774,750 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,854,366 | SubstantialContributorsTotAmt |
| Public Support Total170 | $2,920,384 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $309 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,054 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,172 | CurrentTaxYearAmt |
| Total | $6,535 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $8,781,285 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
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
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,881 | OtherCostOrOtherBasisAmt |
| Depreciation | $847 | DepreciationAmt |
| Book Value | $4,034 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,034 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $5,073,136 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $5,073,136 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $5,073,136 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,183,488 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $2,183,488 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,183,488 | TotalExpensesPerForm990Amt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (14 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|
| Communities Foundation of Oklahoma | ||||||
| 801 NW 63rd Street Suite 200 | Oklahoma City | OK | 73116 | 731396320 | $51,366 | COVID 19 Direct Grants |
| Community Foundation of Utah | ||||||
| 2257 S 1100 E Ste 205 | Salt Lake City | UT | 84106 | 743211770 | $51,366 | COVID 19 Direct Grants |
| Dorcas Intl Institute Rhode Island | ||||||
| 645 Elmwood Avenue | Providence | RI | 02907 | 050258886 | $51,366 | COVID 19 Direct Grants |
| Family Independence Initiative | ||||||
| 663 13th Street Suite 200 | Oakland | CA | 94612 | 020784790 | $51,366 | COVID 19 Direct Grants |
| FUSE CORPS | ||||||
| 235 Montgomery Street Suite 1110 | San Francisco | CA | 94104 | 275469219 | $140,000 | Inclusive Economic Development |
| Hartford Fndn for Public Giving | ||||||
| 10 Columbus Blvd 8th Floor | Hartford | CT | 06106 | 060699252 | $50,000 | COVID 19 Direct Grants |
| Inland Regions LLC | ||||||
| 603 North Euclid Ave | Ontario | CA | 91762 | 853615676 | $100,000 | Opportunity Zone Initiatives |
| La Paz Chattanooga | ||||||
| PO Box 3058 | Chattanooga | TN | 37404 | 201115026 | $51,366 | COVID 19 Direct Grants |
| Louisville-Jefferson Cnty Metro Gvt | ||||||
| 611 West Jefferson Street | Louisville | KY | 40202 | 320049006 | $51,366 | COVID 19 Direct Grants |
| Metropolitan Planning Council | ||||||
| 140 South Dearborn Street Ste 1400 | Chicago | IL | 60603 | 362382849 | $23,625 | Opportunity Zone Initiatives |
| Miami Valley Community Action Partn | ||||||
| 719 South Main Street | Dayton | OH | 45402 | 310709198 | $51,366 | COVID 19 Direct Grants |
| The Mayors Fund Los Angeles | ||||||
| 200 North Spring Street Ste 305B | Los Angeles | CA | 90012 | 471084641 | $1,366 | COVID 19 Direct Grants |
| Trust Neighborhoods | ||||||
| 1000 Walnut Street Ste 1550 | Kansas City | MO | 64106 | 852544201 | $20,000 | Affordable Housing |
| United Way of Greater Atlanta | ||||||
| 40 Courtland St NE 3rd Floor | Atlanta | GA | 30303 | 580566194 | $51,366 | COVID 19 Direct Grants |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 13 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Monitoring procedures (Part I, line 2) | FormAndLineReferenceDesc |
| Explanation | Grants are monitored through purpose restricted grants and subgrantee report submission. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt |
|---|---|---|---|
| Richard Jacobs | |||
| CEO | $230,182 | $230,182 | |
| Aaron Thomas | |||
| CEO | $158,332 | $163,943 | $5,611 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Committee meeting documentation Part VI line 8b | There are no committees. All minutes are in board minutes. |
| Form 990 governing body review Part VI line 11 | A copy of the draft 990 is circulated among all of the board members with request for comments and corrections before it is approved by the executive director for filing. |
| Conflict of interest policy compliance Part VI line 12c | Each Board member must sign an annual Conflict of Interest Policy Certificate certifying they have no knowledge of violating or possibly violating the organizations Conflict of Interest policy. |
| Form 990 availability to public Part VI line 18 | The form 990 is available for inspection during normal business hours at 970 South Village Oaks Drive, Suite 209, Covina, CA 91724. |
| Governing documents etc available to public Part VI line 19 | All organization governing documents can be viewed during normal businsess hours at 970 South Village Oaks Drive, Suite 209, Covina, CA 91724. |