Civic Intelligence

Oakland Fund for Public Innovation

990 • Fiscal year 2023 • EIN 87-2236607

Jul 01, 2022 to Jun 30, 2023 • Filed on Mar 06, 2024

Refreshing map…

5493 Bancroft AveOakland, CA 94601

(510) 238-3141

Siviq Scores

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

Liabilities / Assets

29th percentile

0.03x

Higher debt load relative to assets than 29% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

17th percentile

0.02x

Higher debt load relative to revenue than 17% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

94th percentile

68%

Higher net margin than 94% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

29th percentile

$73,917

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$4,967,133

No earlier filing loaded for comparison.

Net Assets

$4,811,774

No earlier filing loaded for comparison.

Liabilities

$155,359

No earlier filing loaded for comparison.

Revenue

$7,112,407

No earlier filing loaded for comparison.

Expenses

$2,300,633

No earlier filing loaded for comparison.

Net Income

$4,811,774

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2023: $4,967,133Liabilities 2023: $155,359Net Assets 2023: $4,811,7742023Assets 2024: $2,618,675Liabilities 2024: $308,115Net Assets 2024: $2,310,5602024

Highlighted filing

2023

Assets$4,967,133
Liabilities$155,359
Net Assets$4,811,774

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2023: $7,112,407Expenses 2023: $2,300,633Net Income 2023: $4,811,7742023Revenue 2024: $697,227Expenses 2024: $3,198,441Net Income 2024: -$2,501,2142024

Highlighted filing

2023

Revenue$7,112,407
Expenses$2,300,633
Net Income$4,811,774
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Mar 6, 2024
Return Version
2022v5.0
Gross Receipts
$7,370,215
Mission and Program Overview

Mission

The Oakland Fund reaches across the city, engaging private partners to innovate, test and scale ideas that enhance Oakland. The Fund strives to improve the prosperity, safety and quality of life for all Oaklanders with projects that: build a more trustworthy and responsive government allow Oaklanders to stay rooted and thrive in our city and create a more vibrant and connected Oakland for all who live, work and play here.

The Oakland Fund reaches across the city, engaging private partners to innovate, test and scale ideas that enhance Oakland. The Fund strives to improve the prosperity, safety and quality of life for all Oaklanders with projects that: build a more trustworthy and responsive government; allow Oaklanders to stay rooted and thrive in our city and create a more vibrant and connected Oakland for all who live, work and play here.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$2,475,649-
Savings and Temporary Cash Investments-$2,460,984-
Prepaid Expenses and Deferred Charges-$30,500-
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$0$4,967,133▲ $4,967,133
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$87,859-
Grants Payable-$67,500-
Total Liabilities$0$155,359▲ $155,359
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$4,254,222-
Net Assets Without Donor Restrictions-$557,552-
Total Net Assets Fund Balance$0$4,811,774▲ $4,811,774
Total Liabilities and Net Assets / Fund Balance$0$4,967,133▲ $4,967,133
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Juma CrawfordCEOFT$66,154$7,763$73,917
Alaina LongCOOFT$40,000$3,538$43,538

Board Members and Trustees

NameTitle
John Lyman DirPresident
Heather Hood DirVice President
Assad WaathiqDirector
Elizabeth Van BenschotenDirector
Ratna AminDirector
Thurman White DirTrustee
Kiran Jain DirSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Red Door CateringCatering2925 Adeline Street, Oakland, CA 94608$196,744
Revenue and Support

Revenue Composition

Contributions and Grants
$7,237,227
Program Service Revenue
$0
Investment Income
$14,123
Other Revenue
$-138,943
All Other Contributions
$7,044,981
Change in Net Assets
$4,811,774

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,112,407
Revenue Not Reported on Form 990
$31,315
Total Revenue per Audited Statements
$7,143,722
Total Revenue per Form 990
$7,112,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,298,700
Other Expenses$592,743
Salaries, Compensation, and Employee Benefits$409,190
Total Fundraising Expense$251,061
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,293,700--$1,293,700
Fees for Services Other$398,534$1,997$2,450$402,981
Current Officers, Directors, Trustees, and Key Employees$52,755$63,295$181,084$297,134
Fees for Services Accounting-$78,120-$78,120
Other Salaries and Wages$59,043$3,830$1,201$64,074
Payroll Taxes$8,710$5,352$13,844$27,906
Travel$949$22,449$107$23,505
Other Employee Benefits$13,239$6,288$549$20,076
Conferences and Meetings$7,030$8,517$3,512$19,059
Other Expenses$421$8,081$534$9,036
Insurance$3,933$1,628$2,577$8,138
Grants to Domestic Individuals$5,000--$5,000
Information Technology$2,295$1,052$1,503$4,850
Advertising$980$406$642$2,028
Occupancy$769$318$505$1,592
Office Expenses$624$257$409$1,290
Total Functional Expenses$1,847,982$201,590$251,061$2,300,633

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,331,948
Expenses per Audited Statements$2,300,633
Total Expenses per Form 990$2,300,633
Expenses Not Reported on Form 990$31,315
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CityofOaklandDeptViolPrevOakland, CA501(c)(3)Family Matters & Town Nights$600,000
Bay Area Community ServicesOakland, CA501(c)(3)Shallow Subsidy$500,000
CityofOaklandEcoWorkforceOakland, CA501(c)(3)Summer Youth Employment$67,500
UC BerkeleyBerkeley, CA501(c)(3)Oakland EcoBlock$63,000
CA Interfaith Power and LightOakland, CA501(c)(3)Community hub$15,000
LC Lillie Cox Haven of HopeDanville, CA501(c)(3)Address self-sufficiency barriers$15,000
BlackCulturalZoneCommDevCorOakland, CA501(c)(3)unrestricted$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$257,808
Fundraising Gross Income$118,707
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gratitude Ball$310,953$118,707$138,944$-20,237
Total Events$310,953$118,707$257,808$-139,101
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Draft of 990 will be distributed to board members for review, inquiry and comment prior to filing.

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

Conflict of Interest Policy is enforced by the organization's giving policies and procedures. The duty of due dilligence lies within the role of the CEO and the Governance Committee of the Board. The fund ensures that any organization or city department that the fund support does not include nominated persons to the Board of Trustees.

Form 990, Part VI, Section B, Line 15A

Current CEO compensation was determined during Executive Session with the Board of Trustees after a performance evaluation with the Board Chair and CEO. Compensation was determined by the Board of Trustees based on current budget considerations, performance, and market comparability data.

Form 990, Part VI, Section B, Line 15B

Compensation was determined by the CEO after a performance evaluation.

Form 990, Part VI, Section C, Line 19

Governing documents are not made available to the public. The conflict of interest policy and financial statements shall be made available upon request.

Filing and Contact Details

Filer

Filer Name
Oakland Fund for Public Innovation
EIN
87-2236607
Phone
5102383141
Address
5493 Bancroft Ave, Oakland, CA 94601

Signing Officer

Name
Juma Crawford
Title
CEO
Signed
2024-03-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Juma Crawford
Formed
2022
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
2

Preparer

Firm
Cook & Company A Prof Actcy Corporation
Address
One Sansome St Ste 3500, San Francisco, CA 94104
Preparer
Douglas Cook PhDMPACPA
Phone
4156211112
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

OTHER PROGRAM SERVICES 4: Other programs include Oakland EcoBlock, Youth Empowerment, and Civic Design Lab.

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IRS990/MissionDesc0The Oakland Fund reaches across the city, engaging private partners to innovate, test and scale ideas that enhance Oakland. The Fund strives to improve the prosperity, safety and quality of life for all Oaklanders with projects that: build a more trustworthy and responsive government; allow Oaklanders to stay rooted and thrive in our city and create a more vibrant and connected Oakland for all who live, work and play here.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Shallow Subsidy Pilot: The Oakland Shallow Subsidy Pilot, initiated in July 2021, offers up to $800 in monthly rent subsidies to 200 at-risk households in Oakland for 18 months, aiming to prevent displacement and homelessness. Managed by Bay Area Community Services (BACS) and evaluated by the UCSF Benioff Homelessness and Housing Initiative (BHHI), the program focuses on the city's most vulnerable residents, with an average rent burden of 115%. Part of a broader effort to drive policy changes at regional, state, and federal levels, the pilot aims to gather evidence to end the housing crisis, with final reports anticipated in winter 2024.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Cultural Strategists-in-Government Program (CSIG): OFPI partners with the City of Oakland's Cultural Affairs Division (CAD) to implement CSIG, an innovative program that embeds cultural strategists in government. This collaboration aims to demonstrate the value of merging cultural insights with governmental work to fulfill the city's equity aspirations. Since its inception, CSIG has deployed strategists to 11 different city entities, with the latest expansion ongoing through 2023. The program works by engaging city workers with cultural strategists from communities most affected by inequities, fostering new ways to achieve equity goals. The ultimate goal is full integration into the City's work, and its success has drawn attention from other municipalities.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0From time to time, miscellaneous amounts are received during the course of performing the organization's tax-exempt function.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Support Schedule: Other Income Explanation
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