GRASSROOTS BUSINESS PARTNERS INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- GRASSROOTS BUSINESS PARTNERS INC (EIN 26-2108051)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-02-12
- IRS object ID
- 201520439349302022
- Schema version
- 2013v4.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-02-12T15:17:17-06:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Grant Thornton LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2010 CORPORATE RIDGE SUITE 400 | AddressLine1 |
| City | MCLEAN | City |
| State | VA | State |
| ZIP Code | 22102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 262108051 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRASSROOTS BUSINESS PARTNERS INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % REBEKAH MCKNIGHT PLOTKIN | InCareOfNm |
| Business Name Control | GRAS | BusinessNameControlTxt |
| Phone | 2025186865 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1710 Rhode Island Avenue NW | AddressLine1 |
| Address Line2 | Suite 1000 | AddressLine2 |
| City | Washington | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Rebekah McKnight Plotkin | PersonNm |
| Person Title | VP Finance and Administration | PersonTitleTxt |
| Phone | 2025186865 | PhoneNum |
| Signature | 2015-02-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Mary Torretta | PreparerPersonNm |
| PTIN | P00847851 | PTIN |
| Phone | 2025186865 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRASSROOTS BUSINESS FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Harold Rosen | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1710 Rhode Island Avenue NW | AddressLine1 |
| City | Washington | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,992,047 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.gbfund.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2007 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | To grow viable businesses that generate sustainable earnings or savings for people with low incomes in Africa, Asia, and Latin America. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 17 | TotalEmployeeCnt |
| Total Volunteers | 14 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,027,167 | PYContributionsGrantsAmt |
| CY Contributions Grants | $999,387 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,506,867 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,896,619 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$230,770 | PYInvestmentIncomeAmt |
| CY Investment Income | -$164,474 | CYInvestmentIncomeAmt |
| PY Other Revenue | $81,257 | PYOtherRevenueAmt |
| CY Other Revenue | $57,533 | CYOtherRevenueAmt |
| PY Total Revenue | $2,384,521 | PYTotalRevenueAmt |
| CY Total Revenue | $2,789,065 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $330,731 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $232,033 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,361,261 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,051,878 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $132,555 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,994,554 | PYOtherExpensesAmt |
| CY Other Expenses | $2,175,538 | CYOtherExpensesAmt |
| PY Total Expenses | $4,686,546 | PYTotalExpensesAmt |
| CY Total Expenses | $4,459,449 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,302,025 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,670,384 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $16,222,344 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,989,555 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,082,296 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $509,923 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $14,140,048 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $12,479,632 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE GRASSROOTS BUSINESS FUND STRIVES TO CREATE A WORLD WHERE ECONOMIC OPPORTUNITY REACHES EVERYONE. OUR MISSION IS TO GROW VIABLE BUSINESSES THAT GENERATE SUSTAINABLE EARNINGS OR SAVINGS FOR PEOPLE WITH LOW INCOMES IN AFRICA, ASIA, AND LATIN AMERICA. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | Yes (true) | SignificantChangeInd |
| Expense | $1,014,466 | ExpenseAmt |
| Revenue | $1,896,619 | RevenueAmt |
| Desc | High Impact Investing - See Schedule O. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,729,042 | ExpenseAmt |
| Grant | $232,033 | GrantAmt |
| Desc | Capacity Building Programs - See Schedule O. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $652,763 | ExpenseAmt |
| Desc | Education/Information Sharing - See Schedule O. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,396,271 | 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 |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | 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 With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 10 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 17 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | PE | ForeignCountryCd |
| Foreign Country | IN | ForeignCountryCd |
| Foreign Country | KE | ForeignCountryCd |
| 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 |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | 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 | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | REBEKAH MCKNIGHT PLOTKIN | PersonNm |
| Phone | 2025186865 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1710 RHODE ISLAND AVE NW SUITE 100 | AddressLine1 |
| City | Washington | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Harold Rosen | ||||||||
| Chief Executive Officer | 40.0 | Yes (X) | Yes (X) | $235,869 | $0 | $13,021 | ||
| Stephen Brenninkmeijer | ||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Holly Wise | ||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Andrew Adelson | ||||||||
| Chairman of the Board | 10.0 | Yes (X) | $0 | $0 | $0 | |||
| Mwaghazi Mwachofi | ||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Mary Houghton | ||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Jaime Ramirez | ||||||||
| Chief Investment Officer | 40.0 | Yes (X) | $167,826 | $0 | $21,860 | |||
| Alycia Kellman | ||||||||
| VP, Legal, Compl & HR | 40.0 | $132,836 | $0 | $12,087 | Yes (X) | |||
| Robert Webster | ||||||||
| Former COO, SEE SCH. J PAGE 38 | 40.0 | $197,456 | $0 | $22,567 | Yes (X) | |||
| Lilian Mramba | ||||||||
| Africa Regional Manager | 40.0 | $111,609 | $0 | $12,566 | Yes (X) | |||
| Natalia Barantseva | ||||||||
| LatAm Regional Manager | 40.0 | $117,618 | $0 | $11,893 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $963,214 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $93,994 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | Address Line1ContractorAddress/ForeignAddress/AddressLine1 | CityContractorAddress/ForeignAddress/City | Province Or StateContractorAddress/ForeignAddress/ProvinceOrState | CountryContractorAddress/ForeignAddress/Country |
|---|---|---|---|---|---|---|---|---|---|
| Sasidhar Ravinuthala | |||||||||
| Consultancy | $114,460 | ||||||||
| N Cheng Co | |||||||||
| Accounting Services | $113,423 | 40 Exchange Place Suite 1206 | NEW YORK | NY | 10005 | ||||
| Ishani Chattopadhyay | |||||||||
| Consultancy | $113,176 | 3RD FLOOR 6 BASANT LOK VASANT VI | NEW DELHI | 0 | IN | ||||
| Grant Thornton LLP | |||||||||
| Accounting Services | $102,170 | 2010 Corporate Ridge Suite 400 | MCLEAN | VA | 22102 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $999,387 | GovernmentGrantsAmt |
| Total Contributions | $999,387 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST-PROGRAM RELATED | 900099 | $49,681 | $49,681 |
| GBI-I MGMT & OPERATIONS FEE | 900099 | $1,846,938 | $1,846,938 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,896,619 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,696 | TotalRevenueColumnAmt |
| Exclusion | $1,696 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $36,812 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $202,982 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$166,170 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$166,170 | TotalRevenueColumnAmt |
| Exclusion | -$166,170 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $57,533 | TotalRevenueColumnAmt |
| Exclusion | $57,533 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $57,533 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,789,065 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,896,619 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | -$106,941 | 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 | $54,500 | TotalAmt |
| Program Services | $54,500 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,533 | TotalAmt |
| Program Services | $177,533 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $694,145 | TotalAmt |
| Program Services | $541,433 | ProgramServicesAmt |
| Management And General | $124,946 | ManagementAndGeneralAmt |
| Fundraising | $27,766 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,098,828 | TotalAmt |
| Program Services | $857,086 | ProgramServicesAmt |
| Management And General | $197,789 | ManagementAndGeneralAmt |
| Fundraising | $43,953 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,560 | TotalAmt |
| Program Services | $48,797 | ProgramServicesAmt |
| Management And General | $11,261 | ManagementAndGeneralAmt |
| Fundraising | $2,502 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,963 | TotalAmt |
| Program Services | $87,331 | ProgramServicesAmt |
| Management And General | $20,153 | ManagementAndGeneralAmt |
| Fundraising | $4,479 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,382 | TotalAmt |
| Program Services | $65,818 | ProgramServicesAmt |
| Management And General | $15,189 | ManagementAndGeneralAmt |
| Fundraising | $3,375 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,771 | TotalAmt |
| Program Services | $110,764 | ProgramServicesAmt |
| Management And General | $23,007 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $337,993 | TotalAmt |
| Program Services | $47,384 | ProgramServicesAmt |
| Management And General | $287,877 | ManagementAndGeneralAmt |
| Fundraising | $2,732 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $793,127 | TotalAmt |
| Program Services | $743,419 | ProgramServicesAmt |
| Management And General | $48,135 | ManagementAndGeneralAmt |
| Fundraising | $1,573 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $684 | TotalAmt |
| Program Services | $531 | ProgramServicesAmt |
| Management And General | $122 | ManagementAndGeneralAmt |
| Fundraising | $31 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,491 | TotalAmt |
| Program Services | $28,794 | ProgramServicesAmt |
| Management And General | $17,036 | ManagementAndGeneralAmt |
| Fundraising | $1,661 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,486 | TotalAmt |
| Program Services | $74,137 | ProgramServicesAmt |
| Management And General | $17,074 | ManagementAndGeneralAmt |
| Fundraising | $4,275 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,290 | TotalAmt |
| Program Services | $126,781 | ProgramServicesAmt |
| Management And General | $29,199 | ManagementAndGeneralAmt |
| Fundraising | $7,310 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $408,589 | TotalAmt |
| Program Services | $325,158 | ProgramServicesAmt |
| Management And General | $56,608 | ManagementAndGeneralAmt |
| Fundraising | $26,823 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,479 | TotalAmt |
| Program Services | $4,904 | ProgramServicesAmt |
| Management And General | $2,575 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,155 | TotalAmt |
| Management And General | $2,155 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,939 | TotalAmt |
| Program Services | $23,245 | ProgramServicesAmt |
| Management And General | $5,354 | ManagementAndGeneralAmt |
| Fundraising | $1,340 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,891 | TotalAmt |
| Program Services | $8,456 | ProgramServicesAmt |
| Management And General | $1,947 | ManagementAndGeneralAmt |
| Fundraising | $488 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BANK FEES AND SERVICE CHARGES | $5,282 | $37 | $5,245 | |
| FOREIGN WITHHOLDING TAXES | $7,917 | $7,917 | ||
| DUES, MEMBERSHIPS, SUBSCRIPTIO | $9,647 | $7,490 | $1,725 | $432 |
| FEES AND PERMITS | $7,628 | $5,923 | $1,364 | $341 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,169 | TotalAmt |
| Program Services | $56,750 | ProgramServicesAmt |
| Management And General | $53,945 | ManagementAndGeneralAmt |
| Fundraising | $3,474 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,459,449 | TotalAmt |
| Program Services | $3,396,271 | ProgramServicesAmt |
| Management And General | $930,623 | ManagementAndGeneralAmt |
| Fundraising | $132,555 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,086,666 | BOYAmt |
| EOY | $2,998,364 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,999,159 | BOYAmt |
| EOY | $1,748,875 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,830,261 | BOYAmt |
| EOY | $2,523,328 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,679,938 | BOYAmt |
| EOY | $103,943 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $131,707 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $157,417 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $102,485 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,943 | BOYAmt |
| EOY | $54,932 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,500,293 | BOYAmt |
| EOY | $5,340,460 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,084 | BOYAmt |
| EOY | $87,946 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,222,344 | BOYAmt |
| EOY | $12,989,555 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $509,797 | BOYAmt |
| EOY | $475,639 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $34,284 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,572,499 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,082,296 | BOYAmt |
| EOY | $509,923 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,428,030 | BOYAmt |
| EOY | $7,288,468 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,712,018 | BOYAmt |
| EOY | $5,191,164 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,140,048 | BOYAmt |
| EOY | $12,479,632 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,222,344 | BOYAmt |
| EOY | $12,989,555 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,670,384 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,518 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $5,450 | PriorPeriodAdjustmentsAmt |
| 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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 Minus4 Years | $183,026 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $50,371 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,240,642 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,027,167 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $999,387 | CurrentTaxYearAmt |
| Total | $12,500,593 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $183,026 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $50,371 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,240,642 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,027,167 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $999,387 | CurrentTaxYearAmt |
| Total | $12,500,593 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,754,026 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,746,567 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $31,893 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $22,206 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,171 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,526 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,696 | CurrentTaxYearAmt |
| Total | $63,492 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,195 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $131,025 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $41,553 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $81,257 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $57,533 | CurrentTaxYearAmt |
| Total | $332,563 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $12,896,648 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $4,389,007 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.67820 | PublicSupportCY170Pct |
| Public Support PY170 | 0.00000 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp | |
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,782 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,991 | DepreciationAmt |
| Book Value | $8,791 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $142,635 | OtherCostOrOtherBasisAmt |
| Depreciation | $96,494 | DepreciationAmt |
| Book Value | $46,141 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $54,932 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS - PROGRAM | Desc |
| Book Value | $5,340,460 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $5,340,460 | TotalBookValueProgramRltdAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,859,173 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,518 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $65,590 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $70,108 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,789,065 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $2,789,065 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,525,039 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $65,590 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $65,590 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,459,449 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $4,459,449 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Liability for Uncertain Tax Position (ASC 740) | FormAndLineReferenceDesc |
| Explanation | Schedule D, Part X, Line 2 GBP is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Further, GBP has qualified as a public charity under Sections 509(a)(1) and 170(b)(1)(A)(vi) and is not a private foundation. GBP is exempt from taxes on income other than unrelated business income. No taxable unrelated business income was generated and, accordingly, no provision for income taxes has been made in the accompanying consolidated financial statements. GBP recognizes or derecognizes tax positions on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. GBP considered its income tax positions under the "more likely than not" level of certainty and determined there is no requirement to accrue any income tax liability. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (13 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| South America | 1 | 5 | Program Services | Prog. Advisory Serv. | $938,002 |
| East Asia and the Pacific | 2 | Program Services | Prog. Advisory Serv. | $254,163 | |
| Sub-Saharan Africa | 1 | 8 | Program Services | Prog. Advisory Serv. | $848,892 |
| South Asia | 1 | 6 | Program Services | Prog. Advisory Serv. | $649,379 |
| Central America and the Caribbean | Program Services | Prog. Advisory Serv. | $5,750 | ||
| Sub-Saharan Africa | Grantmaking | Capacity Building Prog | $133,693 | ||
| South America | Grantmaking | Capacity Building Prog | $29,610 | ||
| East Asia and the Pacific | Grantmaking | Capacity Building Prog | $8,500 | ||
| Europe (Including Iceland and Greenland) | Grantmaking | Capacity Building Prog | $5,730 | ||
| South Asia | Investments | $208,366 | |||
| Sub-Saharan Africa | Investments | $296,737 | |||
| South America | Investments | $277,659 | |||
| Central America and the Caribbean | Investments | $5,340,460 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 3 | SubtotalOfficesCnt |
| Subtotal Employees | 21 | SubtotalEmployeesCnt |
| Total Office | 3 | TotalOfficeCnt |
| Total Employee | 21 | TotalEmployeeCnt |
| Subtotal Spent | $8,996,941 | SubtotalSpentAmt |
| Total Spent | $8,996,941 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (7 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|
| East Asia and the Pacific | Technical Assistance | $8,500 | EFT |
| Central America and the Caribbean | Technical Assistance | $14,460 | EFT |
| Sub-Saharan Africa | Technical Assistance | $118,472 | EFT |
| Europe (Including Iceland and Greenland) | Technical Assistance | $5,730 | EFT |
| Central America and the Caribbean | Technical Assistance | $6,650 | EFT |
| Sub-Saharan Africa | Technical | $6,244 | EFT |
| Central America and the Caribbean | Technical Assistance | $8,500 | EFT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 7 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Procedure for Monitoring Use of Grant Funds Outside U.S. | FormAndLineReferenceDesc |
| Explanation | Schedule F, Part I, Line 2 Use of Funds reports are obtained quarterly and annually a copy of the audited financials of the recipient organization are reviewed. GBF works closely with its high impact businesses abroad to create customized technical assistance programs based on the needs of the business. In addition to requiring each grantee to submit quarterly reports on use of funds, financial status, and achievements as a result of the grant, GBF meets regularly with the business to foster a working relationship which allows for constant updates and open communication about the grant use and future partnerships. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|
| BizCorps | ||||||
| 888 16th St NW | Washington | DC | 20006 | 455530893 | $17,000 | Technical Assistance |
| Novica United | ||||||
| 3250 Ocean Park Boulevard Suite 30 | Santa Monica | CA | 90405 | 954714374 | $37,500 | Capacity |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 2 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Procedure for Monitoring Use of Grant Funds Inside U.S. | FormAndLineReferenceDesc |
| Explanation | Schedule I, Part I, Line 2 Use of Funds reports are obtained quarterly and annually a copy of the audited financials of the recipient organization are reviewed. GBF works closely with capacity building partners to create customized plans for its high impact businesses abroad. In addition to requiring quarterly reports on use of funds and achievements of the organization, GBF meets regularly with the organization to foster a working relationship which allows for constant updates and open communication about the grant use. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Harold Rosen | ||||||||||||||
| Chief Executive Officer | $192,102 | $0 | $42,584 | $0 | $1,183 | $0 | $11,734 | $0 | $1,287 | $0 | $248,890 | $0 | $0 | $0 |
| Jaime Ramirez | ||||||||||||||
| Chief Investment Officer | $138,743 | $0 | $27,842 | $0 | $1,241 | $0 | $8,329 | $0 | $13,531 | $0 | $189,686 | $0 | $0 | $0 |
| Robert Webster | ||||||||||||||
| Former COO, SEE SCH. J PAGE 38 | $153,297 | $0 | $42,722 | $0 | $1,437 | $0 | $8,932 | $0 | $13,635 | $0 | $220,023 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Equity based deferred compensation | Schedule J, Part I, Line 4c In effort to attract and retain highly-qualified staff and incentivize high performance of the Fund, the organization created a staff incentive plan wherein certain members of the management team can receive a percentage of the organization's allotted distribution paid from a related partnership. The plan is structured with a vesting schedule and the payout is contingent on the success of the related partnership's future earnings. The amount payable to the management team is not currently fixed and determinable, and is not reported on Schedule J as compensation to the recipient. |
| Former Officer | Schedule J, Part II Robert Webster served as Chief Operating Officer until June 2013. He remained on as investment advisor through calendar year 2014. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (15 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Organization Structure | GRASSROOTS BUSINESS FUND (GBF), a brand of entities, delivers a distinctive blend of investment capital and business advisory services through two main vehicles working together: a private investment fund and a non-profit organization. Through the fund, GRASSROOTS BUSINESS INVESTORS I, LP (GBI-I), GBF makes equity, mezzanine equity, mezzanine debt, and straight debt investments. These customized investment structures ensure that GBF's investment performance aligns with the businesses' performance. The fund delivers a form of capital suitable for long-term investment in businesses servicing low income communities. In tandem, the non-profit GRASSROOTS BUSINESS PARTNERS, INC. (GBP), provides business advisory services to clients in the fund. GBF's staff, expert consultants, and local service providers focus on enhancing financial and strategic planning, corporate governance, human resource management, marketing, supply chain management, and management information systems (MIS). Additionally GBP, manages the investment fund, and looks for way to further the field for impact investing through knowledge sharing and platform development. Significant Changes to Program Services Form 990, Part III, Line 3 GBP no longer directly makes investments in high impact businesses, instead these are done through the partner organization, GRASSROOTS BUSINESS INVESTORS I, LP (GBI-I). |
| Program Service Accomplishments | Form 990, Part III, Line 4A Through its partner organization, GRASSROOTS BUSINESS INVESTORS I, LP (GBI-I), GBI-I invests in high impact businesses that are typically small or midsized by international standards, but economically engage large numbers of the poor. GBI-I's investment fund makes equity, quasi-equity, and debt investments. These let GBI-I share the businesses' risks and returns, while providing a form of capital suitable for long-term, wealth creating businesses. The target investment size is currently between $750,000 and $2,500,000 and has an average investment horizon of 5-7 years. The current active portfolio ($29.9 million) annually supports 9.2 million people, by creating over $49.2 million in economic value through income and savings. |
| Program Service Accomplishments | Form 990, Part III, Line 4B GBF's capacity building programs are a combination of business advisory services (BAS) funded through grants and hands-on management support from GBF staff and its partners. These capacity building programs include improvements to governance, general management, reporting, management information systems (MIS), and business/financial planning. These programs are delivered by experienced external consultants, GBF staff, and through our partnerships with other local businesses. GBF's BAS falls into six main categories: financial management, operations, corporate governance and human capacity, strategy, legal and regulatory, and environmental and social. Over the past three GBF has disbursed over $2.5 million in technical assistance. |
| Program Service Accomplishments | Form 990, Part III, Line 4C GBF is heavily involved in building the field around impact investing by working closely with partner organizations, piloting new initiatives, and contributing lessons learned to a broad audience. As part of partnership building, GBF is a member of numerous working groups including those focused on impact investment. As the organization grows a continued effort towards external dissemination of information on the successes and lessons learned relating to impact investing will be critical for our advancing of the field. Total number of individuals employed by the Organization Form 990, Part V, Line 2a During fiscal year 2014, GBF employed globally as either employees or near full time consultants 30 individuals across all 5 of its regional operations. |
| Relationship Between Board Members | Form 990, Part VI, Line 2 THE FOLLOWING DIRECTORS OF THE ORGANIZATION ARE ALSO INVESTORS IN A RELATED PARTNERSHIP, GRASSROOTS BUSINESS INVESTORS I, LP: - ANDREW ADELSON - HAROLD ROSEN - STEPHEN BRENNINKMEIJER - MWAGHAZI MWACHOFI EACH OF THE ABOVE DIRECTORS CONTRIBUTED CAPITAL TO THE PARTNERSHIP AND RECEIVED A CORRESPONDING INVESTMENT INTEREST IN THE PARTNERSHIP. NONE OF THE INVESTORS SERVE ON THE BOARD NOR DO THEY RECEIVE COMPENSATION FROM GRASSROOTS BUSINESS INVESTORS I, LP. |
| Decisions Subject to Approval | Form 990, Part VI, Line 7b In addition to GBP's board, there is a Fund Advisory Committee (FAC) which governs the management of GBI-I's funds, the FAC is comprised of some large investors in the fund. Additionally, there is an investment committee which votes on which high impact businesses will receive funding. This committee must contain a member of GBP's Governing Board who has veto rights. |
| Contemporaneous Documentation - Committees | Form 990, Part VI, Line 8b No committees can act on behalf of the governing board. |
| Form 990 Review Process | Form 990, Part VI, Line 11b On an annual basis, the audited financial statements of the Grassroots Business partners, inc. and completed Form 990 are submitted to the Board of Directors' Finance Committee for review and approval, prior to filing the Form 990 with the internal revenue service. At the request of the Board of Directors, a representative of the independent accounting firm may attend the Board of Directors' meeting to answer any questions related to the financial condition/position of the Grassroots Business Fund. |
| Conflict of Interest Policy Monitoring & Enforcement | Form 990, Part VI, Line 12c GBF currently has a Conflict of Interest Policy which covers all employees and the board of directors. GBF's conflict of interest policy was reviewed and approved by GBF's Board of Directors. GBF requires each board member and employee to sign a conflict of interest disclosure form on an annual basis. The form requires that any current or potential conflicts of interest be disclosed. Should a potential new conflict be disclosed, it is reviewed at either the board or senior management level to determined whether it is an actual conflict. If it is deemed a conflict of interest, the employee or board member is excluded from any decision-making meetings and decisions relating to the transaction. |
| Process for Determining Compensation | Form 990, Part VI, Lines 15a & 15B The Board of Directors reviews and approves the general structure of the organization's compensation as well as the specific compensation of the management team. The Board governs compensation and bonus administration. The Board decides the general level of compensation for all Staff. Staff is compensated based on industry averages and then compensation is approved by Management. Management's compensation is evaluated annually and approved by the Board. The most recent review of management compensation took place in June 2014, utilizing performance as well and comparable data to determine the final level of compensation for managers. All full time employees are eligible for a bonus equal to a maximum percentage of their gross annual base salary as determined in their written employment contract. The board reviews the overall allocation of bonuses and in detail determines and approves the bonuses for Management. |
| How Documents are Made Available to the Public | Form 990, Part VI, Line 19 All are available upon request. Additionally, financial statements are published in the annual report as well. |
| FORM 990 PART IX LINE 11G | DESCRIPTION:LONG-TERM CONSULTANTS TOTAL FEES:291272 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:SHORT-TERM CONSULTANTS TOTAL FEES:51671 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:CONTRACTUAL / IT SUPPORT TOTAL FEES:33558 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:CONSULTANT (BAS) TOTAL FEES:416626 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GBF GP I LLC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1209 Orange Street | AddressLine1 |
| City | Wilmington | City |
| State | DE | State |
| ZIP Code | 19801 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 453041117 | EIN |
| Primary Activities | holding comp | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GBP | BusinessNameLine1 |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1 | Province Or StateForeignAddress/ProvinceOrState | CountryForeignAddress/Country | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | UBI Code VUBICodeVAmt | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Legal Domicile StateLegalDomicileStateCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Grassroots Business Investors Fund I LP | ||||||||||||||||||
| 190 Elgin Aveue | Grand Cayman | CJ | 453187922 | Investment | CJ | GBF GP I | INVESTMENT | -$260,681 | $7,124,697 | false | $0 | false | 0.28240 | |||||
| GBI Master Fund I LP | ||||||||||||||||||
| 352426727 | Investment | NA | INVESTMENT | -$675 | $10,692 | false | $0 | false | 0.00075 | 1710 Rhode Island Ave NW | Washington | DC | 20009 | DE | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Grassroots Business Investors Fund I LP | ||
| N | $440,949 | FMV |
| Grassroots Business Investors Fund I LP | ||
| O | $683,997 | FMV |
| Grassroots Business Investors Fund I LP | ||
| Q | $323,124 | Cash |