Civic Intelligence

Tmc Development Working Solutions C/O Emily Gasner

990 • Fiscal year 2019 • EIN 91-1951777

Oct 01, 2018 to Sep 30, 2019 • Filed on Jun 08, 2020

Organization ProfileWWW.WORKINGSOLUTIONS.ORG
930 Montgomery Street No 400San Francisco, CA 94133

(415) 780-1217

Siviq Scores

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

Liabilities / Assets

80th percentile

0.64x

Higher debt load relative to assets than 80% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

2.91x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

49th percentile

2.6%

Higher net margin than 49% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

75th percentile

14%

Faster asset growth than 75% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

81st percentile

23%

Faster revenue growth than 81% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$12,591,495

Up $1,522,265 (+14%) from 2018

Net Assets

Up

$4,572,572

Up $71,806 (+1.6%) from 2018

Liabilities

Up

$8,018,923

Up $1,450,459 (+22%) from 2018

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin49th percentile

Revenue

Up

$2,753,022

Up $514,706 (+23%) from 2018

Expenses

Up

$2,681,216

Up $537,879 (+25%) from 2018

Net Income

Down

$71,806

Down $23,173 (-24%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$30M$20M$10M$0Assets 2011: $3,263,184Liabilities 2011: $813,969Net Assets 2011: $2,449,2152011Assets 2012: $3,320,000Liabilities 2012: $682,554Net Assets 2012: $2,637,4462012Assets 2013: $4,679,211Liabilities 2013: $1,074,955Net Assets 2013: $3,604,2562013Assets 2014: $5,266,552Liabilities 2014: $1,069,918Net Assets 2014: $4,196,6342014Assets 2015: $5,815,641Liabilities 2015: $1,148,624Net Assets 2015: $4,667,0172015Assets 2016: $8,127,838Liabilities 2016: $3,744,531Net Assets 2016: $4,383,3072016Assets 2017: $9,075,814Liabilities 2017: $4,670,027Net Assets 2017: $4,405,7872017Assets 2018: $11,069,230Liabilities 2018: $6,568,464Net Assets 2018: $4,500,7662018Assets 2019: $12,591,495Liabilities 2019: $8,018,923Net Assets 2019: $4,572,5722019Assets 2020: $12,755,754Liabilities 2020: $8,072,585Net Assets 2020: $4,683,1692020Assets 2021: $16,888,921Liabilities 2021: $8,354,036Net Assets 2021: $8,534,8852021Assets 2022: $16,295,715Liabilities 2022: $9,008,614Net Assets 2022: $7,287,1012022Assets 2023: $18,529,952Liabilities 2023: $9,120,196Net Assets 2023: $9,409,7562023Assets 2025: $23,135,892Liabilities 2025: $14,103,238Net Assets 2025: $9,032,6542025

Highlighted filing

2019

Assets$12,591,495
Liabilities$8,018,923
Net Assets$4,572,572
Open 2019 Filing

Operations Trend

Revenue Growth81st percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $2,081,341Expenses 2011: $528,124Net Income 2011: $1,553,2172011Revenue 2012: $848,687Expenses 2012: $660,456Net Income 2012: $188,2312012Revenue 2013: $1,783,527Expenses 2013: $816,717Net Income 2013: $966,8102013Revenue 2014: $1,944,628Expenses 2014: $1,352,250Net Income 2014: $592,3782014Revenue 2015: $1,915,971Expenses 2015: $1,445,588Net Income 2015: $470,3832015Revenue 2016: $2,668,976Expenses 2016: $1,840,110Net Income 2016: $828,8662016Revenue 2017: $2,653,987Expenses 2017: $2,412,945Net Income 2017: $241,0422017Revenue 2018: $2,238,316Expenses 2018: $2,143,337Net Income 2018: $94,9792018Revenue 2019: $2,753,022Expenses 2019: $2,681,216Net Income 2019: $71,8062019Revenue 2020: $3,494,095Expenses 2020: $3,383,498Net Income 2020: $110,5972020Revenue 2021: $7,387,576Expenses 2021: $3,535,860Net Income 2021: $3,851,7162021Revenue 2022: $2,670,816Expenses 2022: $3,918,600Net Income 2022: -$1,247,7842022Revenue 2023: $6,684,587Expenses 2023: $4,561,932Net Income 2023: $2,122,6552023Revenue 2025: $4,517,533Expenses 2025: $5,062,982Net Income 2025: -$545,4492025

Highlighted filing

2019

Revenue$2,753,022
Expenses$2,681,216
Net Income$71,806
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jun 8, 2020
Return Version
2018v3.1
Gross Receipts
$2,828,498
Mission and Program Overview

Mission

Working solutions is the first to believe in start-up and early-stage businesses by providing diverse entrepreneurs with affordable capital, customized business consulting, and community connections to increase economic opportunity in the san francisco bay area.

Working solutions is a certified nonprofit community development financial institution (cdfi) that supports san francisco bay area entrepreneurs to start and grow thriving local businesses. We specialize in start-up and early-stage financing for individuals residing in the nine bay area counties and provide support via capital, consulting, and community connections.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$6,551,294$7,052,970▲ $501,676
Cash and Non-Interest-Bearing Accounts$2,450,654$3,005,157▲ $554,503
Savings and Temporary Cash Investments$1,846,463$2,245,772▲ $399,309
Pledges and Grants Receivable$93,939$149,284▲ $55,345
Accounts Receivable$40,618$47,147▲ $6,529
Prepaid Expenses and Deferred Charges$19,995$37,340▲ $17,345
Land, Buildings, and Equipment, Net$47,639$32,221▼ $15,418
Total Assets$11,069,230$12,591,495▲ $1,522,265
Other Assets Total$18,628$21,604▲ $2,976
Liabilities
Unsecured Notes Loans Payable$4,857,371$6,693,065▲ $1,835,694
Mortgage Notes Payable Secured by Investment Property$807,155$714,102▼ $93,053
Other Liabilities$464,659$460,743▼ $3,916
Deferred Revenue$292,542$0▼ $292,542
Accounts Payable and Accrued Expenses$103,121$143,013▲ $39,892
Escrow Account Liability$43,616$8,000▼ $35,616
Total Liabilities$6,568,464$8,018,923▲ $1,450,459
Net Assets / Fund Balance
Unrestricted Net Assets$4,132,742$4,090,921▼ $41,821
Temporarily Rstr Net Assets$368,024$481,651▲ $113,627
Total Net Assets Fund Balance$4,500,766$4,572,572▲ $71,806
Total Liabilities and Net Assets / Fund Balance$11,069,230$12,591,495▲ $1,522,265

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$32,221$70,717$102,938
Leasehold Improvements$0$19,865$19,865
Other Land Buildings$0$15,170$15,170
Investment Program Related Org$7,052,970--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sara RazaviCEOFT$133,588$3,998$137,586
Laura HooverChief Development OfficerFT$104,007$16,075$120,082
Inga MorkCOO / CFOFT$102,434$9,156$111,590
Steve MondozziCFO (contract) Through 6/2019-$699-$699

Board Members and Trustees

NameTitle
Franklin HaggasChair
Jacques SanchezVice Chair Through 5/2019
Darcy F MackayDirector
Jeff TarranDirector
Jeremy WestDirector
Katie ColendichDirector
Laurie Gibbs HarrisDirector
Michael KadelDirector
Amy LeeDirector Effective 4/2019
Jack BertgesDirector Through 1/2019
Rebecca GassDirector Through 1/2019
Bill FanningSecretary Effective 1/2019
Victor WongSecretary Through 1/2019 / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,723,833
Program Service Revenue
$1,089,237
Investment Income
$12,824
Other Revenue
$-72,872
All Other Contributions
$1,564,553
Change in Net Assets
$71,806

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,753,022
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$190,989
Total Revenue per Audited Statements
$2,944,011
Total Revenue per Form 990
$2,753,022
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,560,948
Other Expenses$1,120,268
Total Fundraising Expense$302,585
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$696,899$115,823$152,593$965,315
Current Officers, Directors, Trustees, and Key Employees$96,126$216,042$13,886$326,054
Other Employee Benefits$99,947$24,417$32,832$157,196
Fees for Services Other$61,242$73,469$20,233$154,944
Interest$119,588--$119,588
Occupancy$61,448$28,243$25,626$115,317
Payroll Taxes$61,904$24,153$12,096$98,153
Information Technology$54,425$20,838$12,335$87,598
Office Expenses$35,906$20,748$10,412$67,066
Fees for Services Accounting-$43,400-$43,400
Travel$15,672$9,667$3,441$28,780
Depreciation Depletion$12,551$5,392$4,725$22,668
Pension Plan Contributions$9,760$1,249$3,221$14,230
Conferences and Meetings$3,277$5,625$3,482$12,384
Advertising$4,578$1,456$5,716$11,750
Insurance$3,339$5,342$1,404$10,085
Other Expenses$4,833$2,500$583$2,500
All Other Expenses$2,401--$2,401
Total Functional Expenses$1,776,928$601,703$302,585$2,681,216

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,872,205
Expenses per Audited Statements$2,681,216
Total Expenses per Form 990$2,681,216
Expenses Not Reported on Form 990$190,989
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$75,476
Fundraising Gross Income$2,604
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Breakfast$77,220$2,604$39,594$-36,990
Total Events$77,220$2,604$75,476$-72,872
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sf Revolving Loan Fund Payable$458,657
Deferred Rent$2,086
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 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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization contracted with steve mondozzi, an independent contractor, to fulfill the role of chief financial officer from october 1, 2018 through june 30, 2019. Payments made to steve mondozzi in fulfillment of these duties totaled $699 for the 2018 calendar year and $4,436 for the 9/30/2019 fiscal year.”

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

“A draft form 990 is prepared by an outside tax professional in conjunction with the organization's finance and accounting staff. The draft form 990 is then reviewed by the finance and accounting staff, as well as the organization's ceo; adjustments are made, as necessary. The final version of the form 990 is then made available to all members of the organization's voting governing body prior to filing with the internal revenue service.”

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

“The board of directors reviews all potential conflicts of interest at least annually. All personnel and board members are required to disclose potential conflicts and any related party affiliations. Loans between the organization and members of management and the board are strictly prohibited. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures, which includes recusal from the decision making process by the conflicted individual.”

Form 990, Part VI, Section B, Line 15

“The board of directors reviews the compensation of all high-level personnel annually in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures.”

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Working Solutions Cdfi
EIN
91-1951777
Phone
4157801217
Address
930 MONTGOMERY STREET NO 400, SAN FRANCISCO, CA 94133

Signing Officer

Name
Sara Razavi
Title
CEO
Phone
4157801217
Signed
2020-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sara Razavi
Formed
1999
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
19
Volunteers
80

Preparer

Firm
Moss Adams Llp
Address
101 SECOND STREET SUITE 900, SAN FRANCISCO, CA 94105
Preparer
Michael Lumsden
Phone
4159561500
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“From time to time, working solutions will hold cash received in an agency capacity. These assets represent cash received from financial institutions, government agencies, or not-for-profit organizations working solutions is acting as an agent for. The cash received is for the ultimate benefit of the unrelated not-for-profit organizations, and recorded on the form 990, part x as an asset in the cash section; a corresponding liability for the same amount is also recorded as a liability on form 990, part x, line 21.”

PART X, LINE 2:

“U.s. Gaap requires working solutions management to evaluate tax positions taken by working solutions and recognize a tax liability (or asset), if working solutions has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. Working solutions' evaluation on september 30, 2019 and 2018 revealed no tax positions that would have a material impact on the financial statements.”

Raw XML AppendixShowing 400 of 582 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0103121
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0143013
IRS990/AccountsReceivableGrp/BOYAmt040618
IRS990/AccountsReceivableGrp/EOYAmt047147
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0WORKING SOLUTIONS IS A CERTIFIED NONPROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) THAT SUPPORTS SAN FRANCISCO BAY AREA ENTREPRENEURS TO START AND GROW THRIVING LOCAL BUSINESSES. WE SPECIALIZE IN START-UP AND EARLY-STAGE FINANCING FOR INDIVIDUALS RESIDING IN THE NINE BAY AREA COUNTIES AND PROVIDE SUPPORT VIA CAPITAL, CONSULTING, AND COMMUNITY CONNECTIONS.
IRS990/AdvertisingGrp/FundraisingAmt05716
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01456
IRS990/AdvertisingGrp/ProgramServicesAmt04578
IRS990/AdvertisingGrp/TotalAmt011750
IRS990/AllOtherContributionsAmt01564553
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02401
IRS990/AllOtherExpensesGrp/TotalAmt02401
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0INGA MORK
IRS990/BooksInCareOfDetail/PhoneNum04156555448
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0930 MONTGOMERY STREET SUITE 400
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN FRANCISCO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094133
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02450654
IRS990/CashNonInterestBearingGrp/EOYAmt03005157
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt013886
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0216042
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt096126
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0326054
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt03482
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt05625
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03277
IRS990/ConferencesMeetingsGrp/TotalAmt012384
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt074616
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01723833
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt012824
IRS990/CYOtherExpensesAmt01120268
IRS990/CYOtherRevenueAmt0-72872
IRS990/CYProgramServiceRevenueAmt01089237
IRS990/CYRevenuesLessExpensesAmt071806
IRS990/CYSalariesCompEmpBnftPaidAmt01560948
IRS990/CYTotalExpensesAmt02681216
IRS990/CYTotalFundraisingExpenseAmt0302585
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02753022
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0292542
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/FundraisingAmt04725
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt05392
IRS990/DepreciationDepletionGrp/ProgramServicesAmt012551
IRS990/DepreciationDepletionGrp/TotalAmt022668
IRS990/Desc0DURING THE 9/30/2019 FISCAL YEAR, THE ORGANIZATION PROVIDED THE FOLLOWING SERVICES IN FULFILLMENT OF ITS MISSION: (I) MADE MICRO-LOANS/SMALL BUSINESS LOANS FROM $5,000 - $50,000 IN THE BAY AREA; AT SEPTEMBER 30, 2019, 395 LOANS WERE OUTSTANDING WITH A NET REALIZABLE BALANCE OF $7,052,970; (II) PROVIDED 1:1 BUSINESS CONSULTING DEDICATED TO HELPING ENTREPRENEURS NAVIGATE THE CHALLENGES OF OWNING A SMALL BUSINESS WITH A SPECIFIC FOCUS ON FINANCIAL MANAGEMENT; (III) PROVIDED WORKSHOPS AND NETWORKING OPPORTUNITIES FOR SMALL BUSINESS OWNERS; (IV) PROVIDED REFERRALS TO FREE OR LOW-COST SERVICE PROVIDERS (CPAS, LAWYERS, INDUSTRY EXPERTS, ETC.); AND (V) PROVIDED SMALL BUSINESS GRANTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt019
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt043616
IRS990/EscrowAccountLiabilityGrp/EOYAmt08000
IRS990/ExpenseAmt01776928
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt043400
IRS990/FeesForServicesAccountingGrp/TotalAmt043400
IRS990/FeesForServicesOtherGrp/FundraisingAmt020233
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt073469
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt061242
IRS990/FeesForServicesOtherGrp/TotalAmt0154944
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt133998
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt159156
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1616075
IRS990/Form990PartVIISectionAGrp/PersonNm0FRANKLIN HAGGAS
IRS990/Form990PartVIISectionAGrp/PersonNm1JACQUES SANCHEZ
IRS990/Form990PartVIISectionAGrp/PersonNm2VICTOR WONG
IRS990/Form990PartVIISectionAGrp/PersonNm3BILL FANNING
IRS990/Form990PartVIISectionAGrp/PersonNm4JACK BERTGES
IRS990/Form990PartVIISectionAGrp/PersonNm5KATIE COLENDICH
IRS990/Form990PartVIISectionAGrp/PersonNm6REBECCA GASS
IRS990/Form990PartVIISectionAGrp/PersonNm7LAURIE GIBBS HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL KADEL
IRS990/Form990PartVIISectionAGrp/PersonNm9AMY LEE
IRS990/Form990PartVIISectionAGrp/PersonNm10DARCY F MACKAY
IRS990/Form990PartVIISectionAGrp/PersonNm11JEFF TARRAN
IRS990/Form990PartVIISectionAGrp/PersonNm12JEREMY WEST
IRS990/Form990PartVIISectionAGrp/PersonNm13SARA RAZAVI
IRS990/Form990PartVIISectionAGrp/PersonNm14STEVE MONDOZZI
IRS990/Form990PartVIISectionAGrp/PersonNm15INGA MORK
IRS990/Form990PartVIISectionAGrp/PersonNm16LAURA HOOVER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13133588
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14699
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15102434
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16104007
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR THROUGH 5/2019
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY THROUGH 1/2019 / TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY EFFECTIVE 1/2019
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR THROUGH 1/2019
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR THROUGH 1/2019
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR EFFECTIVE 4/2019
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt14CFO (CONTRACT) THROUGH 6/2019
IRS990/Form990PartVIISectionAGrp/TitleTxt15COO / CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF DEVELOPMENT OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt074616
IRS990/FundraisingDirectExpensesAmt075476
IRS990/FundraisingGrossIncomeAmt02604
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt084664
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02828498
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt012335
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt020838
IRS990/InformationTechnologyGrp/ProgramServicesAmt054425
IRS990/InformationTechnologyGrp/TotalAmt087598
IRS990/InsuranceGrp/FundraisingAmt01404
IRS990/InsuranceGrp/ManagementAndGeneralAmt05342
IRS990/InsuranceGrp/ProgramServicesAmt03339
IRS990/InsuranceGrp/TotalAmt010085
IRS990/InterestGrp/ProgramServicesAmt0119588
IRS990/InterestGrp/TotalAmt0119588
IRS990/InvestmentIncomeGrp/ExclusionAmt012824
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012824
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt06551294
IRS990/InvestmentsProgramRelatedGrp/EOYAmt07052970
IRS990/IRPDocumentCnt060
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0105752
IRS990/LandBldgEquipBasisNetGrp/BOYAmt047639
IRS990/LandBldgEquipBasisNetGrp/EOYAmt032221
IRS990/LandBldgEquipCostOrOtherBssAmt0137973
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WORKING SOLUTIONS IS THE FIRST TO BELIEVE IN START-UP AND EARLY-STAGE BUSINESSES BY PROVIDING DIVERSE ENTREPRENEURS WITH AFFORDABLE CAPITAL, CUSTOMIZED BUSINESS CONSULTING, AND COMMUNITY CONNECTIONS TO INCREASE ECONOMIC OPPORTUNITY IN THE SAN FRANCISCO BAY AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0807155
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0714102
IRS990/NetAssetsOrFundBalancesBOYAmt04500766
IRS990/NetAssetsOrFundBalancesEOYAmt04572572
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-72872
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-72872
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt025626
IRS990/OccupancyGrp/ManagementAndGeneralAmt028243
IRS990/OccupancyGrp/ProgramServicesAmt061448
IRS990/OccupancyGrp/TotalAmt0115317
IRS990/OfficeExpensesGrp/FundraisingAmt010412
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020748
IRS990/OfficeExpensesGrp/ProgramServicesAmt035906
IRS990/OfficeExpensesGrp/TotalAmt067066
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt018628
IRS990/OtherAssetsTotalGrp/EOYAmt021604
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt032832
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024417
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt099947
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0157196
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1MEMBERSHIP DUES/LICENSE
IRS990/OtherExpensesGrp/Desc2CREDIT REPORTING
IRS990/OtherExpensesGrp/Desc3UBI TAX PAYMENTS
IRS990/OtherExpensesGrp/FundraisingAmt0583
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03339
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12500
IRS990/OtherExpensesGrp/ProgramServicesAmt0422370
IRS990/OtherExpensesGrp/ProgramServicesAmt110662
IRS990/OtherExpensesGrp/ProgramServicesAmt24833
IRS990/OtherExpensesGrp/TotalAmt0422370
IRS990/OtherExpensesGrp/TotalAmt114584
IRS990/OtherExpensesGrp/TotalAmt24833
IRS990/OtherExpensesGrp/TotalAmt32500
IRS990/OtherLiabilitiesGrp/BOYAmt0464659
IRS990/OtherLiabilitiesGrp/EOYAmt0460743
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0152593
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0115823
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0696899
IRS990/OtherSalariesAndWagesGrp/TotalAmt0965315
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt012096
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt024153
IRS990/PayrollTaxesGrp/ProgramServicesAmt061904
IRS990/PayrollTaxesGrp/TotalAmt098153
IRS990/PensionPlanContributionsGrp/FundraisingAmt03221
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01249
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09760
IRS990/PensionPlanContributionsGrp/TotalAmt014230
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt093939
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0149284
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019995
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037340
IRS990/PrincipalOfficerNm0SARA RAZAVI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1561000
IRS990/ProgramServiceRevenueGrp/BusinessCd2625990
IRS990/ProgramServiceRevenueGrp/BusinessCd3561000
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM INTEREST FROM LOANS
IRS990/ProgramServiceRevenueGrp/Desc1ADMINISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc2LOAN CLOSING & OTHER FEES
IRS990/ProgramServiceRevenueGrp/Desc3CONSULTING SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0614323
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1289724
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2181290
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0614323
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1289724
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2181290
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33900
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01189982
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02087
IRS990/PYOtherExpensesAmt0730045
IRS990/PYOtherRevenueAmt0-41531
IRS990/PYProgramServiceRevenueAmt01087778
IRS990/PYRevenuesLessExpensesAmt094979
IRS990/PYSalariesCompEmpBnftPaidAmt01413292
IRS990/PYTotalExpensesAmt02143337
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02238316
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt071806
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt01089237
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01846463
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02245772
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01723833
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01189982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01722698
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02112294
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01490822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08239629
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012824
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02087
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0965
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0873
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0902
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt017651
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04174681
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65440
IRS990ScheduleA/PublicSupportPY170Pct00.74790
IRS990ScheduleA/PublicSupportTotal170Amt05403862

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,591,495
Liabilities
$8,018,923
Net assets
$4,572,572
Revenue
$2,753,022
Expenses
$2,681,216
Net income
$71,806
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.1$14.1$9.03$4.52$5.06$0.55
2023Summary only. Only limited summary data is available for this year.$18.5$9.12$9.41$6.68$4.56$2.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.3$9.01$7.29$2.67$3.92$1.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.9$8.35$8.53$7.39$3.54$3.85
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.8$8.07$4.68$3.49$3.38$0.11
2019Detailed filing. Detailed filing data is available for this year.$12.6$8.02$4.57$2.75$2.68$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$6.57$4.50$2.24$2.14$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.08$4.67$4.41$2.65$2.41$0.24
2016Detailed filing. Detailed filing data is available for this year.$8.13$3.74$4.38$2.67$1.84$0.83
2015Detailed filing. Detailed filing data is available for this year.$5.82$1.15$4.67$1.92$1.45$0.47
2014Summary only. Only limited summary data is available for this year.$5.27$1.07$4.20$1.94$1.35$0.59
2013Summary only. Only limited summary data is available for this year.$4.68$1.07$3.60$1.78$0.82$0.97
2012Summary only. Only limited summary data is available for this year.$3.32$0.68$2.64$0.85$0.66$0.19
2011Summary only. Only limited summary data is available for this year.$3.26$0.81$2.45$2.08$0.53$1.55