Civic Intelligence

Possibility Labs

990 • Fiscal year 2021 • EIN 85-3989363

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization ProfileWWW.POSSIBILITYLABS.ORG

View Organization Page

1410 Franklin Street 135San Francisco, CA 94109

(213) 408-0508

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

39th percentile

0.07x

Higher debt load relative to assets than 39% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

19th percentile

0.02x

Higher debt load relative to revenue than 19% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

75th percentile

31%

Higher net margin than 75% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

80th percentile

$213,129

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

99th percentile

789%

Faster asset growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

1527%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$2,326,557

Up $2,064,751 (+789%) from 2020

Net Assets

Up

$2,172,695

Up $1,941,771 (+841%) from 2020

Liabilities

Up

$153,862

Up $122,980 (+398%) from 2020

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin75th percentile

Revenue

Up

$6,183,574

Up $5,803,574 (+1527%) from 2020

Expenses

Up

$4,241,803

Up $4,092,727 (+2745%) from 2020

Net Income

Up

$1,941,771

Up $1,710,847 (+741%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2020: $261,806Liabilities 2020: $30,882Net Assets 2020: $230,9242020Assets 2021: $2,326,557Liabilities 2021: $153,862Net Assets 2021: $2,172,6952021Assets 2022: $30,143,060Liabilities 2022: $2,147,276Net Assets 2022: $27,995,7842022Assets 2023: $21,615,149Liabilities 2023: $4,414,791Net Assets 2023: $17,200,3582023Assets 2024: $45,927,669Liabilities 2024: $11,703,659Net Assets 2024: $34,224,0102024

Highlighted filing

2021

Assets$2,326,557
Liabilities$153,862
Net Assets$2,172,695
Open 2021 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MRevenue 2020: $380,000Expenses 2020: $149,076Net Income 2020: $230,9242020Revenue 2021: $6,183,574Expenses 2021: $4,241,803Net Income 2021: $1,941,7712021Revenue 2022: $46,742,841Expenses 2022: $20,919,752Net Income 2022: $25,823,0892022Revenue 2023: $24,985,359Expenses 2023: $33,827,449Net Income 2023: -$8,842,0902023Revenue 2024: $54,036,907Expenses 2024: $37,013,238Net Income 2024: $17,023,6692024

Highlighted filing

2021

Revenue$6,183,574
Expenses$4,241,803
Net Income$1,941,771
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$6,877,917
Mission and Program Overview

Mission

Our mission is to co-create a new economy where black, indigenous, people of color, and historically low-income communities have the power of self-determination.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$258,202$2,265,505▲ $2,007,303
Pledges and Grants Receivable-$43,750-
Total Assets$261,806$2,326,557▲ $2,064,751
Other Assets Total$3,604$17,302▲ $13,698
Liabilities
Accounts Payable and Accrued Expenses$9,200$153,862▲ $144,662
Other Liabilities$21,682$0▼ $21,682
Total Liabilities$30,882$153,862▲ $122,980
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$1,369,447-
Net Assets Without Donor Restrictions$230,924$803,248▲ $572,324
Total Net Assets Fund Balance$230,924$2,172,695▲ $1,941,771
Total Liabilities and Net Assets / Fund Balance$261,806$2,326,557▲ $2,064,751
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lem WhiteCo-CEOFT$187,914$25,215$213,129
Keiko MuraseCo-CEOFT$189,061$9,393$198,454
Masako KalbachVP of People OpnsFT$147,284$17,764$165,048
Vanessa HuangVP of PartnershipsFT$127,811$9,482$137,293
Kelsey BakerChief of StaffFT$39,247$2,886$42,133

Board Members and Trustees

NameTitle
Khalid KadirBoard Member
Rosemary E FeiBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$5,966,708
Program Service Revenue
$200,255
Investment Income
$3,214
Other Revenue
$13,397
All Other Contributions
$5,966,708
Change in Net Assets
$1,941,771

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,183,574
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,183,574
Total Revenue per Form 990
$6,183,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,557,100
Salaries, Compensation, and Employee Benefits$1,514,335
Other Expenses$1,170,368
Total Fundraising Expense$280,350
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,557,100--$1,557,100
Other Salaries and Wages$617,882$127,970$140,793$886,645
Current Officers, Directors, Trustees, and Key Employees$307,954$62,471$41,158$411,583
Fees for Services Other$263,644$63,207$49,306$376,157
Fees for Services Legal$198,894$21,819-$220,713
Information Technology$142,028$12,930-$154,958
Other Employee Benefits$77,845$19,410$18,510$115,765
Office Expenses$91,419$16,032$4,846$112,297
Payroll Taxes$71,930$14,274$14,138$100,342
Fees for Services Accounting$37,610$55,410-$93,020
Fees for Services Management$54,497$5,495$5,328$65,320
Occupancy$60,276$680$1,058$62,014
Travel$28,472$9,827$1,822$40,121
Insurance$7,305--$7,305
Other Expenses$5,004$1,416$609$7,029
Total Functional Expenses$3,533,394$428,059$280,350$4,241,803

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,241,803
Total Expenses per Audited Statements$4,241,803
Total Expenses per Form 990$4,241,803
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
WorldreaderSeattle, WA-General Operating Support$500,000
Visible Hands Vc PbcSan Francisco, CA-To Develop a Portfolio of Companies That Will Positively Impact Minority Communities and Drive Economic Growth as Well as Create a Pipeline of Diverse-led Businesses Ready for Seed and Later Stage Funding$480,000
Visible Hands Vc PbcSan Francisco, CA-To Develop a Portfolio of Companies That Will Positively Impact Minority Communities and Drive Economic Growth as Well as Create a Pipeline of Diverse-led Businesses Ready for Seed and Later Stage Funding$240,000
Randiant Strategies LLCBrooklyn, NY-To Develop a New Equity-focused Philanthropic Curriculum That Will Provide Education and Experiential Learning Opportunities, Coaching, and Strategy Planning for Donors.$192,000
The Guild Collective LLCDecatur, GA-To Support Groundcover (nikishka Iyengar) Through Bii Cohort Participatory Grantmaking Pool$20,400
Ella Baker Center for Human RightsOakland, CA-General Operating Support$20,000
California TranscendsSacramento, CA-Support Organizational Capacity Building Efforts for Black Trans-led Organizations Serving Rural Communities in California$10,000
The Guild Collective LLCDecatur, GA-Grant From Common Future - Grant From Common Future$9,600
E&f Market IncOakland, CA-TO DEFRAY GRANTEE'S COSTS OF RETAINING AND COMPENSATING ITS EMPLOYEES, PROVIDING COMMUNITY SERVICE PROGRAMS, AND CONTRIBUTING TO THE STABILIZATION OF GRANTEE'S COMMUNITY$6,500
Yuen Hop CompanyOakland, CA-TO DEFRAY GRANTEE'S COSTS OF RETAINING AND COMPENSATING ITS EMPLOYEES, PROVIDING COMMUNITY SERVICE PROGRAMS, AND CONTRIBUTING TO THE STABILIZATION OF GRANTEE'S COMMUNITY$6,500
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“There were no member elections.”

Form 990, Part VI, Section A, Line 8B

“There were no committee meetings.”

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

“The board of directors reviews the form 990 prior to filing the return.”

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

“There is a conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“The governing board reviews and approves compensation of executive staff.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Possibility Labs
EIN
85-3989363
Phone
2134080508
Address
1410 FRANKLIN STREET 135, SAN FRANCISCO, CA 94109

Signing Officer

Name
Keiko Murase
Title
Co-CEO
Phone
2134080508
Signed
2022-11-15

Organization Details

Principal Officer
Keiko Murase
Formed
2020
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
2
Employees
17
Volunteers
6

Preparer

Firm
Quigley & Miron
Address
3550 WILSHIRE BLVD 1660, LOS ANGELES, CA 90010
Preparer
Armen Grigorian
Phone
2136393550
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization's audit committee has responsibility for the oversight of the audit of its financial statements and selection of the independent auditor, subject to the approval of the board of directors. Their responsibility is unchanged from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Accounting standards require an organization to evaluate its tax positions and provide for a liability for any positions that would not be considered 'more likely than not' to be upheld under a tax authority examination. Management has evaluated its tax positions and has concluded that a provision for a tax liability is not necessary at december 31, 2021. Generally the organization's information returns remain open for examination for three (federal) or four (state) years from the date of filing.”

Raw XML AppendixShowing 400 of 566 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0781
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0781
IRS990/OtherRevenueTotalAmt0781
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0140793
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0127970
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0617882
IRS990/OtherSalariesAndWagesGrp/TotalAmt0886645
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt014138
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014274
IRS990/PayrollTaxesGrp/ProgramServicesAmt071930
IRS990/PayrollTaxesGrp/TotalAmt0100342
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt043750
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KEIKO MURASE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0200255
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0200255
IRS990/ProgSrvcAccomActy2Grp/Desc0IN ADDITION TO THE FISCAL SPONSOR PROGRAM, THE ORGANIZATION EXPANDED THE SCOPE OF ITS PROGRAMS TO INCLUDE DONOR ADVISED FUNDS (DAF) IN 2021. THE DAF PROGRAM IS DESIGNED TO DEPLOY INTEGRATED CAPITAL AND MULTI-YEAR GRANTS AND INVESTMENTS TO COMMUNITY INNOVATORS, SOCIAL ENTREPRENEURS, AND DONORS, AND TO IMPACT INVESTORS IN THE CATALYTIC WORK OF CO-CREATING THE NEW REALITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0582800
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0525000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0380000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt058502
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0230924
IRS990/PYSalariesCompEmpBnftPaidAmt090574
IRS990/PYTotalExpensesAmt0149076
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0380000
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01941771
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0201036
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05996708
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0380000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06376708
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt049
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt049
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0911160
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01797014
IRS990ScheduleA/SubstantialContributorsTotAmt04579694
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05996708
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0380000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06376708
IRS990ScheduleA/TotalSupportAmt06376757
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt0525000
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt0525000
IRS990ScheduleD/DonorAdvisedFundsHeldCnt00
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04241803
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06183574
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING STANDARDS REQUIRE AN ORGANIZATION TO EVALUATE ITS TAX POSITIONS AND PROVIDE FOR A LIABILITY FOR ANY POSITIONS THAT WOULD NOT BE CONSIDERED 'MORE LIKELY THAN NOT' TO BE UPHELD UNDER A TAX AUTHORITY EXAMINATION. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT A PROVISION FOR A TAX LIABILITY IS NOT NECESSARY AT DECEMBER 31, 2021. GENERALLY THE ORGANIZATION'S INFORMATION RETURNS REMAIN OPEN FOR EXAMINATION FOR THREE (FEDERAL) OR FOUR (STATE) YEARS FROM THE DATE OF FILING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt04241803
IRS990ScheduleD/TotalRevenuePerForm990Amt06183574
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06183574
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04241803
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0500000
IRS990ScheduleI/RecipientTable/CashGrantAmt120000
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/CashGrantAmt36500
IRS990ScheduleI/RecipientTable/CashGrantAmt46500
IRS990ScheduleI/RecipientTable/CashGrantAmt5192000
IRS990ScheduleI/RecipientTable/CashGrantAmt69600
IRS990ScheduleI/RecipientTable/CashGrantAmt720400
IRS990ScheduleI/RecipientTable/CashGrantAmt8480000
IRS990ScheduleI/RecipientTable/CashGrantAmt9240000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SUPPORT ORGANIZATIONAL CAPACITY BUILDING EFFORTS FOR BLACK TRANS-LED ORGANIZATIONS SERVING RURAL COMMUNITIES IN CALIFORNIA
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO DEFRAY GRANTEE'S COSTS OF RETAINING AND COMPENSATING ITS EMPLOYEES, PROVIDING COMMUNITY SERVICE PROGRAMS, AND CONTRIBUTING TO THE STABILIZATION OF GRANTEE'S COMMUNITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO DEFRAY GRANTEE'S COSTS OF RETAINING AND COMPENSATING ITS EMPLOYEES, PROVIDING COMMUNITY SERVICE PROGRAMS, AND CONTRIBUTING TO THE STABILIZATION OF GRANTEE'S COMMUNITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO DEVELOP A NEW EQUITY-FOCUSED PHILANTHROPIC CURRICULUM THAT WILL PROVIDE EDUCATION AND EXPERIENTIAL LEARNING OPPORTUNITIES, COACHING, AND STRATEGY PLANNING FOR DONORS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6GRANT FROM COMMON FUTURE - GRANT FROM COMMON FUTURE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7TO SUPPORT GROUNDCOVER (NIKISHKA IYENGAR) THROUGH BII COHORT PARTICIPATORY GRANTMAKING POOL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8TO DEVELOP A PORTFOLIO OF COMPANIES THAT WILL POSITIVELY IMPACT MINORITY COMMUNITIES AND DRIVE ECONOMIC GROWTH AS WELL AS CREATE A PIPELINE OF DIVERSE-LED BUSINESSES READY FOR SEED AND LATER STAGE FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9TO DEVELOP A PORTFOLIO OF COMPANIES THAT WILL POSITIVELY IMPACT MINORITY COMMUNITIES AND DRIVE ECONOMIC GROWTH AS WELL AS CREATE A PIPELINE OF DIVERSE-LED BUSINESSES READY FOR SEED AND LATER STAGE FUNDING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WORLDREADER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ELLA BAKER CENTER FOR HUMAN RIGHTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CALIFORNIA TRANSCENDS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3E&F MARKET INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4YUEN HOP COMPANY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5RANDIANT STRATEGIES LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6THE GUILD COLLECTIVE LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7THE GUILD COLLECTIVE LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8VISIBLE HANDS VC PBC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9VISIBLE HANDS VC PBC
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02030 1ST AVE NO 300
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11419 34TH AVE NO 202
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21125 LOCHBRAE ROAD APT 8
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3333 8TH ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4824 WEBSTER ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt536 S PORTLAND AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt61830 DANCING FOX ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71830 DANCING FOX ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8C/O 1410 FRANKLIN STREET SUITE 135
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9C/O 1410 FRANKLIN STREET SUITE 135
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0SAN FRANCISCO CA 94109
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt1SAN FRANCISCO CA 94109
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SEATTLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1OAKLAND
IRS990ScheduleI/RecipientTable/USAddress/CityNm2SACRAMENTO
IRS990ScheduleI/RecipientTable/USAddress/CityNm3OAKLAND
IRS990ScheduleI/RecipientTable/USAddress/CityNm4OAKLAND
IRS990ScheduleI/RecipientTable/USAddress/CityNm5BROOKLYN
IRS990ScheduleI/RecipientTable/USAddress/CityNm6DECATUR
IRS990ScheduleI/RecipientTable/USAddress/CityNm7DECATUR
IRS990ScheduleI/RecipientTable/USAddress/CityNm8SAN FRANCISCO
IRS990ScheduleI/RecipientTable/USAddress/CityNm9SAN FRANCISCO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd098121
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd194601
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd295815
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd396607
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd494607

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,326,557
Liabilities
$153,862
Net assets
$2,172,695
Revenue
$6,183,574
Expenses
$4,241,803
Net income
$1,941,771
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.9$11.7$34.2$54.0$37.0$17.0
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.6$4.41$17.2$25.0$33.8$8.84
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.1$2.15$28.0$46.7$20.9$25.8
2021Detailed filing. Detailed filing data is available for this year.$2.33$0.15$2.17$6.18$4.24$1.94
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.03$0.23$0.38$0.15$0.23
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $5M-$10M nonprofits