Civic Intelligence

Reinvent Stockton Foundation

EIN 82-1005719 • 501(c)3 • Stockton, CA

Profile

To attract outside investment into the stockton community and to invest in collective impact strategies with tangible outcomes that improve the quality of life in the city of stockton, california.

110 N San Joaquin StreetStockton, CA 95202

www.reinventstockton.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

14th percentile

0.05x

Higher debt load relative to revenue than 14% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

10th percentile

-22%

Higher net margin than 10% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

13th percentile

-5.7%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Revenue Growth

89th percentile

56%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Assets

Down

$31,112,674

Down $3,037,642 (-8.9%) from 2023

Liabilities

Down

$333,442

Down $149,452 (-31%) from 2023

Net Assets

Down

$30,779,232

Down $2,888,190 (-8.6%) from 2023

Revenue

Up

$7,138,888

Up $375,111 (+5.5%) from 2023

Expenses

Down

$8,714,927

Down $1,098,573 (-11%) from 2023

Net Income

Up

-$1,576,039

Up $1,473,684 (+48%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2017: $4,131,562Liabilities 2017: $0Net Assets 2017: $4,131,5622017Assets 2018: $9,786,617Liabilities 2018: $9,261Net Assets 2018: $9,777,3562018Assets 2019: $14,675,721Liabilities 2019: $35,784Net Assets 2019: $14,639,9372019Assets 2020: $38,139,632Liabilities 2020: $45,760Net Assets 2020: $38,093,8722020Assets 2021: $46,832,546Liabilities 2021: $1,620,206Net Assets 2021: $45,212,3402021Assets 2022: $35,007,499Liabilities 2022: $167,653Net Assets 2022: $34,839,8462022Assets 2023: $34,150,316Liabilities 2023: $482,894Net Assets 2023: $33,667,4222023Assets 2024: $31,112,674Liabilities 2024: $333,442Net Assets 2024: $30,779,2322024

Highlighted filing

2024

Assets$31,112,674
Liabilities$333,442
Net Assets$30,779,232

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2017: $4,150,125Expenses 2017: $18,563Net Income 2017: $4,131,5622017Revenue 2018: $6,305,300Expenses 2018: $659,542Net Income 2018: $5,645,7582018Revenue 2019: $7,746,167Expenses 2019: $3,280,803Net Income 2019: $4,465,3642019Revenue 2020: $27,962,300Expenses 2020: $5,247,513Net Income 2020: $22,714,7872020Revenue 2021: $19,773,564Expenses 2021: $12,726,290Net Income 2021: $7,047,2742021Revenue 2022: $2,940,636Expenses 2022: $11,146,892Net Income 2022: -$8,206,2562022Revenue 2023: $6,763,777Expenses 2023: $9,813,500Net Income 2023: -$3,049,7232023Revenue 2024: $7,138,888Expenses 2024: $8,714,927Net Income 2024: -$1,576,0392024

Highlighted filing

2024

Revenue$7,138,888
Expenses$8,714,927
Net Income-$1,576,039

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$25,817,630
Mission and Program Overview

Mission

The specific purpose of this Corporation is improve the quality of life for the residents of the City of Stockton, California, and to re-create Stockton into a community of opportunity and hope for its citizens, especially its youth, through the sponsorship and funding of programs specifically designed to promote the redevelopment of the blighted areas of, and to attract outside investment into, the Stockton community.

To improve the quality of life for the residents of the city of stockton, california, and to re-create stockton into a community of opportunity and hope for its citizens, especially its youth, through the sponsorship and funding of programs specifically designed to promote the redevelopment of the blighted areas of, and to attract outside investment into the stockton community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$19,240,730$18,638,243▼ $602,487
Savings and Temporary Cash Investments-$10,810,048-
Pledges and Grants Receivable$885,891$1,361,138▲ $475,247
Cash and Non-Interest-Bearing Accounts$14,007,091$285,179▼ $13,721,912
Prepaid Expenses and Deferred Charges$16,604$18,066▲ $1,462
Land, Buildings, and Equipment, Net$0--
Total Assets$34,150,316$31,112,674▼ $3,037,642
Liabilities
Accounts Payable and Accrued Expenses$482,894$333,442▼ $149,452
Total Liabilities$482,894$333,442▼ $149,452
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,362,093$17,604,832▲ $1,242,739
Net Assets With Donor Restrictions$17,305,329$13,174,400▼ $4,130,929
Total Net Assets Fund Balance$33,667,422$30,779,232▼ $2,888,190
Total Liabilities and Net Assets / Fund Balance$34,150,316$31,112,674▼ $3,037,642
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael D TubbsChair (thru 06/24)FT$215,598$16,253$231,851
Nikolas HowardExecutive DirectorFT$200,178$9,000$209,178
Samra K SukhjitMgi DirectorFT$179,076$7,492$186,568
Cameron BurnsMgi Deputy DirectorFT$151,864$18,724$170,588
Erika AlmazanChief People OfficerFT$167,976$956$168,932
Omar OrnelasVice President of ProgramsFT$119,657$7,546$127,203
Kathrine Ann CogatMgi Research & Program OffFT$116,244$8,880$125,124
Jeffery VongkeoCore Director of ImpactFT$103,217$6,659$109,876

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Abt AssociatesResearch6130 EXECUTIVE BLVD, Rockville, MD 20852$800,632
Lake Research PartnersResearch1101 17TH ST NW SUITE 301, Washington, DC 20036$174,978
Arkus INCResearch10 TIMES SQUARE 6TH FLOOR, New York, NY 10018$172,442
Cultivate Strategies LLCConsulting & Strategy2000 14TH STREET NW STE 104 73540, Washington, DC 20056$158,955
All KindsWebsite Development15 RICHDALE AVE UNIT 121, Cambridge, MA 02140$112,750
Revenue and Support

Revenue Composition

Contributions and Grants
$3,339,248
Program Service Revenue
$0
Investment Income
$3,799,640
Other Revenue
$0
All Other Contributions
$3,050,530
Change in Net Assets
$-1,576,039
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,339,798
Salaries, Compensation, and Employee Benefits$2,710,091
Grants and Similar Amounts Paid$2,665,038
Total Fundraising Expense$420,891
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,650,084$309,391$103,130$2,062,605
Grants to Domestic Orgs$1,678,863--$1,678,863
Other Salaries and Wages$1,147,992$215,250$71,749$1,434,991
Grants to Domestic Individuals$986,175--$986,175
Current Officers, Directors, Trustees, and Key Employees$774,494$139,874$53,749$968,117
Advertising$222,225-$148,150$370,375
Office Expenses$165,754$31,079$10,361$207,194
Travel$143,618$26,929$8,976$179,523
Payroll Taxes$139,166$26,094$8,698$173,958
Fees for Services Accounting-$165,238-$165,238
Other Employee Benefits$106,420$25,296$1,309$133,025
Fees for Service Investment Mgmnt Fees$67,089$12,579$4,193$83,861
Information Technology$66,046$12,383$4,127$82,556
Occupancy$36,525$21,852-$58,377
Insurance$14,278$2,678$892$17,848
Other Expenses$88,092$1,091$5,506$1,091
All Other Expenses$812$152$51$1,015
Total Functional Expenses$7,287,633$1,006,403$420,891$8,714,927
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Little Manila RisingStockton, CA501(c)(3)Youth Non-profit Capacity Building Grant$340,000
Restore the DeltaStockton, CA501(c)(3)Youth Non-profit Capacity Building Grant$267,500
Community PartnersLos Angeles, CA501(c)(3)Youth Non-profit Capacity Building Grant$188,882
Improve Your TomorrowSacramento, CA501(c)(3)Youth Non-profit Capacity Building Grant$160,238
Reading and Math IncMinneapolis, MN501(c)(3)Support in Narrowing Achievement Gaps and Transform Lives$119,666
United Way of San JoaquinStockton, CA501(c)(3)Youth Non-profit Capacity Building Grant$92,000
Hatch WorkshopStockton, CA501(c)(3)Youth Non-profit Capacity Building Grant$90,000
MARY GRAHAM CHILDREN'S FOUNDATIONStockton, CA501(c)(3)Youth Non-profit Capacity Building Grant$90,000
Nzinga IncorporatedSacramento, CA501(c)(3)Youth Non-profit Capacity Building Grant$90,000
College PossibleSaint Paul, MN501(c)(3)College Admission Coaching With Curriculum$66,077
African American Chamber of San Joaquin FoundationStockton, CA501(c)(3)Youth Non-profit Capacity Building Grant$46,000
Unbound Stockton Community SchoolStockton, CA501(c)(3)Youth Non-profit Capacity Building Grant$46,000
Go Public SchoolsSacramento, CA501(c)(3)Financial Aid Partnership$20,000
With Our Words IncStockton, CA501(c)(3)Local Youth Journalism$17,500
Fresno County Economic Opportunities CommissionFresno, CA501(c)(3)Support the Advancing Fresno County Guaranteed Income Program$15,000
THE PEOPLE'S ADVOCACY GROUP INCMacon, GA501(c)(3)Basic Income for Justice Reform Project$10,000
United Way of Kaw ValleyTopeka, KS501(c)(3)Guaranteed Income Grant$10,000
West Contra Costa Public Education FundRichmond, CA501(c)(3)Steering Committee Membership$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the audit committee and distributed to the entire board prior to filing.

Form 990, Part VI, Section B, Line 12C

We inform all board members, directors, principal officers, or members of a committee with governing board delegated powers of a duty to disclose any actual or potential conflict and note these issues and any mitigating actions taken in the minutes. Additionally, all board members sign the annual statement which affirms this policy.

Form 990, Part VI, Section B, Line 15

On an annual basis, the human capital board committee conducts an evaluation of the executive director (ed) and compares the organizational salary scale to the average nonprofit compensation in the region. Upon successful completion of the employee evaluation, any changes to the ed's compensation and the the broader organizational salary scale are recommended to the full board for consideration.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Reinvent Stockton Foundation
EIN
82-1005719
Phone
2092594997
Address
110 N SAN JOAQUIN STREET, STOCKTON, CA 95202

Signing Officer

Name
Nik Howard
Title
Executive Director
Phone
2092594997
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nik Howard
Formed
2017
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
29
Volunteers
405

Preparer

Firm
Bowman & Company Llp
Address
10100 TRINITY PARKWAYSTE 310, STOCKTON, CA 95219
Preparer
Daryl R Petrick
Phone
2094731040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Outside service contracts: program service expenses 1,396,130. Management and general expenses 261,775. Fundraising expenses 87,258. Total expenses 1,745,163. Other professional: program service expenses 253,954. Management and general expenses 47,616. Fundraising expenses 15,872. Total expenses 317,442.

FORM 990, PART XII, LINE 2C:

The organization has not changed either its oversight process or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

The foundation is a nonprofit corporation and is exempt from income taxes under the internal revenue code section 501(c)(3) and california franchise tax regulations section 23701(d) in accordance with its determination letter dated january 19, 2017. The foundation is also considered a publicly supported charity as described in sections 170(b)(1)(a)(vi). Accordingly, no provision for federal or state income taxes is made in the accompanying financial statements. The foundation's forms 990, return of organizations exempt from income tax, are subject to examination by the irs, generally for three years after they were filed.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt126659
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt137546
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IRS990/Form990PartVIISectionAGrp/PersonNm1CHRISTY WISE
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IRS990/Form990PartVIISectionAGrp/PersonNm4CHRISTIE MARCHESE
IRS990/Form990PartVIISectionAGrp/PersonNm5JASMINE DELLAFOSSE
IRS990/Form990PartVIISectionAGrp/PersonNm6BRENNA BUTLER GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm7NIKOLAS HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm8CAMERON BURNS
IRS990/Form990PartVIISectionAGrp/PersonNm9SAMRA K SUKHJIT
IRS990/Form990PartVIISectionAGrp/PersonNm10ERIKA ALMAZAN
IRS990/Form990PartVIISectionAGrp/PersonNm11KATHRINE ANN COGAT
IRS990/Form990PartVIISectionAGrp/PersonNm12JEFFERY VONGKEO
IRS990/Form990PartVIISectionAGrp/PersonNm13OMAR ORNELAS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR (THRU 06/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8MGI DEPUTY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9MGI DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF PEOPLE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MGI RESEARCH & PROGRAM OFF
IRS990/Form990PartVIISectionAGrp/TitleTxt12CORE DIRECTOR OF IMPACT
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT OF PROGRAMS
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IRS990/InformationTechnologyGrp/TotalAmt082556
IRS990/InsuranceGrp/FundraisingAmt0892
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IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ATTRACT OUTSIDE INVESTMENT INTO THE STOCKTON COMMUNITY AND TO INVEST IN COLLECTIVE IMPACT STRATEGIES WITH TANGIBLE OUTCOMES THAT IMPROVE THE QUALITY OF LIFE IN THE CITY OF STOCKTON, CALIFORNIA.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt017604832
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IRS990/OccupancyGrp/TotalAmt058377
IRS990/OfficeExpensesGrp/FundraisingAmt010361
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt031079
IRS990/OfficeExpensesGrp/ProgramServicesAmt0165754
IRS990/OfficeExpensesGrp/TotalAmt0207194
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt025296
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0133025
IRS990/OtherExpensesGrp/Desc0PUBLIC RELATIONS
IRS990/OtherExpensesGrp/Desc1TAXES AND LICENSE FEE
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11091
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IRS990/PrincipalOfficerNm0NIK HOWARD
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE STOCKTON SERVICE CORPS (SSC) IS A PROJECT WHICH AIMS TO HARNESS AMERICORPS FELLOWSHIP SERVICE MODELS TO IMPROVE EDUCATIONAL OUTCOMES AND ADDRESS SOCIAL INEQUITIES IN STOCKTON. THE SSC TEAM AT RSF PRIMARILY WORKS TO COORDINATE AMERICORPS HOST ORGANIZATIONS AND COMMUNITY PARTNERS, CONNECT THEM TO RESOURCES, AND FACILITATE PARTNERSHIPS IN ORDER TO CREATE A COMMUNITY OF COLLECTIVE IMPACT.SUMMER OF SERVICE IS A SUMMER INTERNSHIP PROGRAM THAT SUPPORTS COLLEGE STUDENTS AND OTHER YOUNG PEOPLE IN ACCESSING PUBLIC SERVICE OPPORTUNITIES. 7 PEOPLE WERE SERVED IN 2024.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01653863
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01653863
IRS990/ProgSrvcAccomActy3Grp/Desc0STOCKTON SCHOLARS AIMS TO DRAMATICALLY INCREASE THE NUMBER OF STOCKTON STUDENTS WHO ENTER AND COMPLETE HIGHER EDUCATION WITHIN THE NEXT 10 YEARS. WE PURSUE THIS VISION THROUGH A PLACE-BASED, GUARANTEED SCHOLARSHIP FOR STOCKTON PUBLIC SCHOOL KIDS STARTING WITH THE CLASS OF 2019; TARGETED SUPPORT THROUGH THE COLLEGE APPLICATION PROCESS; AND HOSTING EVENTS AND CAMPAIGNS THAT BUILD A CITY-WIDE COLLEGE-GOING CULTURE, INCLUDING STOCKTON SCHOLARS SIGNING DAY. 1,355 SCHOLARSHIPS WERE AWARDED IN 2024.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0953250
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0953250
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IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYOtherExpensesAmt03572136
IRS990/PYOtherRevenueAmt00
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IRS990/PYSalariesCompEmpBnftPaidAmt02603740
IRS990/PYTotalExpensesAmt09813500
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/RegularMonitoringEnfrcInd01
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010810048
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2020 AMOUNT: $ 4,284. 2021 AMOUNT: $ 5,798. DEPOSIT REFUND - 2020 AMOUNT: $ 3,500.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03409085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt018740005
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0982717
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt013582
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt018740005
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt09738232
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt041125765
IRS990ScheduleA/TotalSupportAmt043701428
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