Form 990, Part VI, Line 11B: Form 990 Review Process
“Those in the organization with financial responsibility review a draft of the tax return. Upon completion of the tax return, all members of the board are provided a complete copy.”
Scores are not available for this record yet.
Assets
Up$1,719,825
Up $487,770 (+40%) from 2019
Net Assets
Up$1,200,704
Up $723,356 (+152%) from 2019
Liabilities
Down$519,121
Down $235,586 (-31%) from 2019
Revenue
Up$2,300,213
Up $1,128,509 (+96%) from 2019
Expenses
Up$1,576,857
Up $286,824 (+22%) from 2019
Net Income
Up$723,356
Up $841,685 (+711%) from 2019
To equip individuals with financial education, life skills and assets that enable them to live free from oppression and poverty.
To break cycles of generational poverty for youth and young mothers.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $160,231 | $720,963 | ▲ $560,732 |
| Savings and Temporary Cash Investments | $302,748 | $500,357 | ▲ $197,609 |
| Land, Buildings, and Equipment, Net | $612,526 | $212,030 | ▼ $400,496 |
| Pledges and Grants Receivable | $75,000 | $205,000 | ▲ $130,000 |
| Accounts Receivable | $57,645 | $59,182 | ▲ $1,537 |
| Prepaid Expenses and Deferred Charges | $15,798 | $19,870 | ▲ $4,072 |
| Intangible Assets | $2,026 | $1,423 | ▼ $603 |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $1,232,055 | $1,719,825 | ▲ $487,770 |
| Other Assets Total | $6,081 | $1,000 | ▼ $5,081 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $663,134 | $458,384 | ▼ $204,750 |
| Other Liabilities | $7,149 | $55,442 | ▲ $48,293 |
| Accounts Payable and Accrued Expenses | $84,424 | $5,295 | ▼ $79,129 |
| Total Liabilities | $754,707 | $519,121 | ▼ $235,586 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $477,348 | $1,056,267 | ▲ $578,919 |
| Net Assets With Donor Restrictions | - | $144,437 | - |
| Total Net Assets Fund Balance | $477,348 | $1,200,704 | ▲ $723,356 |
| Total Liabilities and Net Assets / Fund Balance | $1,232,055 | $1,719,825 | ▲ $487,770 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $212,030 | $85,601 | $297,631 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| John Liotti | CEO | FT | $102,310 | $102,310 |
| Georgina Aubin | Secretary | PT | $21,000 | $21,000 |
| Name | Title |
|---|---|
| Michelle Goudeaux | Chairperson |
| Doug Morton | Vice Chair |
| JJ Schneider | Director |
| Jay Chung | Director |
| Meritt Lohr Sawyer | Director |
| Michael David | Director |
| Nancy Ortberg | Director |
| Rev Paul Bains | Director |
| Taia Ergueta | Director |
| Beth Scanlan | Treasurer |
| Contribution Type | Contribution Count | Reported Amount |
|---|---|---|
| Securities Publicly Traded | 4 | $297,090 |
| Total Noncash Contributions | 4 | $297,090 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,018,203 |
| Other Expenses | $558,654 |
| Total Fundraising Expense | $260,147 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $538,362 | $58,383 | $135,837 | $732,582 |
| Fees for Services Other | $109,300 | $29,843 | $40,828 | $179,971 |
| Current Officers, Directors, Trustees, and Key Employees | $75,709 | $8,185 | $18,416 | $102,310 |
| Other Employee Benefits | $72,361 | $6,187 | $18,521 | $97,069 |
| Payroll Taxes | $47,495 | $5,134 | $11,553 | $64,182 |
| Occupancy | $45,728 | $3,992 | $9,250 | $58,970 |
| Information Technology | $14,333 | $2,132 | $6,924 | $23,389 |
| Pension Plan Contributions | $16,324 | $1,765 | $3,971 | $22,060 |
| Travel | $14,490 | $1,330 | $1,597 | $17,417 |
| Other Expenses | $13,418 | $1,177 | $2,296 | $16,891 |
| Office Expenses | $11,975 | $1,480 | $2,880 | $16,335 |
| Conferences and Meetings | $13,371 | $73 | $1,168 | $14,612 |
| All Other Expenses | $8,563 | $927 | $2,127 | $11,617 |
| Insurance | $5,096 | $551 | $1,240 | $6,887 |
| Depreciation Depletion | $1,094 | $118 | $266 | $1,478 |
| Total Functional Expenses | $1,194,580 | $122,130 | $260,147 | $1,576,857 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,576,857 |
| Total Expenses per Audited Statements | $1,576,857 |
| Total Expenses per Form 990 | $1,576,857 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Georgina Aubin | Director | Consulting | No | $21,000 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Payroll Liabilities | $40,707 |
| Accrued Expenses | $12,161 |
| Security Deposits | $2,574 |
“Those in the organization with financial responsibility review a draft of the tax return. Upon completion of the tax return, all members of the board are provided a complete copy.”
“Each year individuals are asked to disclose any conflict. If a conflict arises, then the board is notified and they must approve. If the conflict involves a board member, they are excluded from the vote which involves their own interest.”
“The Organization makes its governing documents, tax returns and financial statements avaialable to the public upon request.”
“OTHER PROGRAM SERVICES 4: Other Programs: Personnel and Direct costs related to the Forum Program and Direct Emergency Relief funding to individuals experiencing financial hardship as a direct result of the COVID-19 pandemic (Together we Rise). Also includes peronnel and direct costs related to the affordable housing program, HouseAble.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 720963 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | 723356 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1478 |
| IRS990/Desc | 0 | Other Programs: Personnel and Direct costs related to the Forum Program and Direct Emergency Relief funding to individuals experiencing financial hardship as a direct result of the COVID-19 pandemic (Together we Rise). Also includes peronnel and direct costs related to the affordable housing program, HouseAble. |
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| IRS990/ElectionOfBoardMembersInd | 0 | false |
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| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
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| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 695 |
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| IRS990/InsuranceGrp/TotalAmt | 0 | 6887 |
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| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 85601 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 612526 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 212030 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 297631 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 383084 |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 297090 |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 106365 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | To equip individuals with financial eduction, life skills and assets that enable them to live free from oppression and poverty. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 663134 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 458384 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 477348 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1200704 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 384970 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 384970 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | -31609 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -31609 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 477348 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1056267 |
| IRS990/NoncashContributionsAmt | 0 | 297090 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 9250 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 3992 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 45728 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 58970 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 2880 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1480 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 11975 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 16335 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 6081 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1000 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 18521 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 6187 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 72361 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 97069 |
| IRS990/OtherExpensesGrp/Desc | 0 | Emergency Relief |
| IRS990/OtherExpensesGrp/Desc | 1 | Program Expensess |
| IRS990/OtherExpensesGrp/Desc | 2 | Printing and Publications |
| IRS990/OtherExpensesGrp/Desc | 3 | Other Expenses |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 474 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 2799 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 2296 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 441 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 412 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1177 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 161066 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 29827 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 16068 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 13418 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 161066 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 30742 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 19279 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 16891 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 7149 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 55442 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 135837 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 58383 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 538362 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 732582 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 11553 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 5134 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 47495 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 64182 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 3971 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 1765 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 16324 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 22060 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 75000 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 205000 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 15798 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 19870 |
| IRS990/PrincipalOfficerNm | 0 | John Liotti |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Program Fees |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 125000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 125000 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Youth Program: "Future Profits" helps high school students prepare for their futures by equipping them with life skills and financial knowledge. The curriculum, which was developed by Able Works, is being sold throughout the country and is the basis of our Future Profits classes. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 351776 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 130000 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Young Mothers Program: "Liveable" provides financial education and life skills through a group learning environment in a cohorts program, counseling to first-time homebuyers, those seeking to rebuild their credit, and current homeowners facing foreclosure. Liveable is a Hud approved counseling agency adn maintains national industry standards for homeownership and residential rental counseling. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 340292 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 323568 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1003652 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 4021 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 449082 |
| IRS990/PYOtherRevenueAmt | 0 | 16123 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 147908 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -118329 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 840951 |
| IRS990/PYTotalExpensesAmt | 0 | 1290033 |
| IRS990/PYTotalRevenueAmt | 0 | 1171704 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 723356 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -31609 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 290525 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 302748 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 500357 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1817783 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1003652 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1019701 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 761152 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 810205 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 5412493 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 4069 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 6392 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 84 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 10548 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 924 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.