KIVA MICROFUNDS: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- KIVA MICROFUNDS (EIN 71-0992446)
- Tax period
- 2022-01-01 to 2022-06-30
- Filed
- 2023-02-14
- IRS object ID
- 202340459349300829
- Schema version
- 2022v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-02-14T11:05:20-06:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 770051130 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABBOTT STRINGHAM & LYNCH | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 S BASCOM AVE STE 105 | AddressLine1Txt |
| City | CAMPBELL | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95008 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 710992446 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIVA MICROFUNDS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KIVA | BusinessNameControlTxt |
| Phone | 4153587500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 986 MISSION STREET STE 400 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LIZ RAY | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 4153587500 | PhoneNum |
| Signature | 2023-02-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LIZ | PersonFirstNm |
| Person Last | RAY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHEBA B DALANEY | PreparerPersonNm |
| PTIN | P00351252 | PTIN |
| Phone | 4083778700 | PhoneNum |
| Preparation | 2023-02-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LIZ RAY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 986 MISSION STREET 4TH FLOOR | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $14,825,596 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.KIVA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2005 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | KIVA IS A NON-PROFIT ORGANIZATION WITH A MISSION TO EXPAND FINANCIAL ACCESS TO HELP UNDERSERVED COMMUNITIES THRIVE BY PROVIDING AN ONLINE PLATFORM THAT FACILITATES MICROLOANS GLOBALLY; BEING A DEVELOPER OF A BLOCKCHAIN BASED DIGITAL ID PLATFORM TO PROMOTE FINANCIAL INCLUSION; BEING A MANAGER OF IMPACT INVESTMENT FUNDS (AS AN EXEMPT REPORTING ADVISER). | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 450 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $39,005,595 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,996,171 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,389,871 | PYInvestmentIncomeAmt |
| CY Investment Income | $763,172 | CYInvestmentIncomeAmt |
| PY Other Revenue | $11,647 | PYOtherRevenueAmt |
| CY Other Revenue | $49,653 | CYOtherRevenueAmt |
| PY Total Revenue | $42,407,113 | PYTotalRevenueAmt |
| CY Total Revenue | $14,808,996 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $30,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $19,556,734 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,619,348 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,407,892 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $15,813,585 | PYOtherExpensesAmt |
| CY Other Expenses | $10,448,310 | CYOtherExpensesAmt |
| PY Total Expenses | $35,400,319 | PYTotalExpensesAmt |
| CY Total Expenses | $21,067,658 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,006,794 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$6,258,662 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $245,372,729 | TotalAssetsBOYAmt |
| Total Assets EOY | $253,233,825 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $205,623,286 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $219,746,998 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $39,749,443 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $33,486,827 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | KIVA IS A NON-PROFIT ORGANIZATION WITH A MISSION TO EXPAND FINANCIAL ACCESS TO HELP UNDERSERVED COMMUNITIES THRIVE BY PROVIDING AN ONLINE PLATFORM THAT FACILITATES MICROLOANS GLOBALLY; BEING A MANAGER OF IMPACT INVESTMENT FUNDS (AS AN EXEMPT REPORTING ADVISER). | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $15,278,335 | ExpenseAmt |
| Desc | KIVA PARTNERS WITH OVER 295 GLOBAL MICROFINANCE INSTITUTIONS ("MFIS") AND OTHER SOCIALLY MINDED ORGANIZATIONS AND ENTERPRISES IN NINETY FOUR (94) COUNTRIES ACROSS THE GLOBE. THIS NETWORK OF PARTNERSHIPS ENABLES KIVA TO CONNECT WITH BORROWERS SEEKING MICRO-LOANS. KIVA'S PARTNER ORGANIZATIONS ARE RESPONSIBLE FOR SELECTING AND VETTING THE BORROWERS AND ADMINISTRATING THE LOANS. KIVA'S ONLINE PLATFORM CONNECTS THESE BORROWERS WITH OVER 1.7 MILLION INDIVIDUALS TO DATE WHO WANT TO CONTRIBUTE LOAN FUNDS VIA THE INTERNET.IN 2012, KIVA INITIATED MORE CONCERTED WORK ON A PILOT PROGRAM (FORMERLY "KIVA ZIP" NOW RENAMED "KIVA US"), DESIGNED TO TEST THE FEASIBILITY OF FACILITATING MICROFINANCE LOANS FROM KIVA USERS MOREDIRECTLY TO KIVA BORROWERS VIA A SEPARATE WEBSITE URL (ZIP.KIVA.ORG). IN 2016, THE KIVA US WEBSITE WAS INTEGRATED INTO THE MAIN KIVA.ORG WEBSITE.KIVA CREATED KIVA- DAF, LLC ("KDAF") IN 2013 TO HOLD DONOR ADVISED FUND ACCOUNTS, KIVA IMPACT FUNDS LLC ("KIF") IN 2016 TO FACILITATE MICROLOANS MADE WITH CAPITAL FROM OPIC.KIVA CAPITAL MANAGEMENT WAS CREATED IN 2019 TO BE A MANAGER OF IMPACT INVESTMENT FUNDS (AS AN EXEMPT REPORTING ADVISOR), SUCH AS KIVA REFUGEE INVESTMENT FUND LLC.CALIFORNIA REBUILDING FUND LLC (CASE B-SPV LLC, CASE G-SPV) AND SMALL BUSINESS RESILIENCE FUND LLC WERE INITIATED IN 2020 TO PROVIDE SUPPORT TO SMALL BUSINESSES IMPACTED BY COVID-19 IN CALIFORNIA AND INTERNATIONAL LOCATIONS.JURNUS LLC WAS CREATED IN LATE 2020 TO HOUSE OUR BLOCKCHAIN-RELATED WORK WITH DIEM IN SUPPORT OF GLOBAL FINANCIAL INCLUSION. | Desc |
| Total Program Service Expenses | $15,278,335 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | KE | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIZ RAY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4153587500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 986 MISSION STREET STE 400 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| JULIE HANNA FARRIS | ||||||
| DIRECTOR | 10.00 | Yes (X) | $0 | $0 | $0 | |
| REID HOFFMAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN MULLER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MAYA CHORENGEL | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ANDRE HADDAD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SILVIJA MARTINCEVIC | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHRISTOPHER TSAKALAKIS | ||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JASON EYLER | ||||||
| CHIEF PRODUCT OFFICER | 40.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| AUSTIN CHOI | ||||||
| GENERAL COUNSEL | 40.00 | $0 | $0 | $0 | Yes (X) | |
| MATTHEW DAVIE | ||||||
| CHIEF STRATEGY OFFICER | 40.00 | $0 | $0 | $0 | Yes (X) | |
| CHAD STERBENZ | ||||||
| CHIEF INVESTMENT OFFICER | 40.00 | $0 | $0 | $0 | Yes (X) | |
| SARAH MARCHAL MURRAY | ||||||
| CHIEF OFFICER, STRATEGIC P | 40.00 | $0 | $0 | $0 | Yes (X) | |
| DONALD CARTER | ||||||
| EXECUTIVE VP, PEOPLE & PLACES | 40.00 | $0 | $0 | $0 | Yes (X) | |
| ANNETE PROMES | ||||||
| CHIEF MARKETING OFFICER | 40.00 | $0 | $0 | $0 | Yes (X) | |
| ELIZABETH RAY | ||||||
| CHIEF FINANCIAL OFFICER | 40.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $13,996,171 | AllOtherContributionsAmt |
| Total Contributions | $13,996,171 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $779,772 | TotalRevenueColumnAmt |
| Exclusion | $779,772 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $16,600 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$16,600 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$16,600 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$16,600 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS REVENUE | 900999 | $35,341 | $35,341 |
| CURRENCY GAIN | 900999 | $14,312 | $14,312 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $49,653 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,808,996 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $33,053 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $779,772 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,265,601 | TotalAmt |
| Program Services | $1,002,968 | ProgramServicesAmt |
| Management And General | $134,851 | ManagementAndGeneralAmt |
| Fundraising | $127,782 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,401,976 | TotalAmt |
| Program Services | $5,527,381 | ProgramServicesAmt |
| Management And General | $1,005,968 | ManagementAndGeneralAmt |
| Fundraising | $868,627 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $288,262 | TotalAmt |
| Program Services | $228,674 | ProgramServicesAmt |
| Management And General | $31,078 | ManagementAndGeneralAmt |
| Fundraising | $28,510 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $792,028 | TotalAmt |
| Program Services | $659,481 | ProgramServicesAmt |
| Management And General | $52,064 | ManagementAndGeneralAmt |
| Fundraising | $80,483 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $871,481 | TotalAmt |
| Program Services | $690,082 | ProgramServicesAmt |
| Management And General | $92,782 | ManagementAndGeneralAmt |
| Fundraising | $88,617 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,782 | TotalAmt |
| Program Services | $4,638 | ProgramServicesAmt |
| Management And General | $34,144 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,271 | TotalAmt |
| Program Services | $45,333 | ProgramServicesAmt |
| Management And General | $29,938 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $326,926 | TotalAmt |
| Program Services | $106,570 | ProgramServicesAmt |
| Management And General | $220,356 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $783,110 | TotalAmt |
| Program Services | $144,221 | ProgramServicesAmt |
| Management And General | $638,772 | ManagementAndGeneralAmt |
| Fundraising | $117 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,007 | TotalAmt |
| Program Services | $35,634 | ProgramServicesAmt |
| Management And General | $25,755 | ManagementAndGeneralAmt |
| Fundraising | $1,618 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,475,375 | TotalAmt |
| Program Services | $1,010,530 | ProgramServicesAmt |
| Management And General | $337,412 | ManagementAndGeneralAmt |
| Fundraising | $127,433 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $445,866 | TotalAmt |
| Program Services | $355,438 | ProgramServicesAmt |
| Management And General | $48,764 | ManagementAndGeneralAmt |
| Fundraising | $41,664 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,462 | TotalAmt |
| Program Services | $60,816 | ProgramServicesAmt |
| Management And General | $23,114 | ManagementAndGeneralAmt |
| Fundraising | $19,532 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $335,466 | TotalAmt |
| Management And General | $335,466 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,453,130 | TotalAmt |
| Program Services | $1,441,476 | ProgramServicesAmt |
| Management And General | $11,592 | ManagementAndGeneralAmt |
| Fundraising | $62 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,426 | TotalAmt |
| Program Services | $38,920 | ProgramServicesAmt |
| Management And General | $89,112 | ManagementAndGeneralAmt |
| Fundraising | $5,394 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CONTRACTORS | $3,306,607 | $2,177,413 | $1,123,952 | $5,242 |
| ORIGINATION FEE | $941,015 | $941,015 | ||
| DISTRIBUTIONS | $211,513 | $211,513 | $0 | $0 |
| CRF OPERATING EXPENSES | $200,938 | $200,938 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $554,416 | TotalAmt |
| Program Services | $395,294 | ProgramServicesAmt |
| Management And General | $146,311 | ManagementAndGeneralAmt |
| Fundraising | $12,811 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,067,658 | TotalAmt |
| Program Services | $15,278,335 | ProgramServicesAmt |
| Management And General | $4,381,431 | ManagementAndGeneralAmt |
| Fundraising | $1,407,892 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,246,758 | BOYAmt |
| EOY | $31,226,832 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,886,736 | BOYAmt |
| EOY | $48,522,932 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $634,257 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,711,262 | BOYAmt |
| EOY | $105,907,194 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,017,271 | BOYAmt |
| EOY | $62,359,089 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $874,159 | BOYAmt |
| EOY | $882,491 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $28,606,986 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $24,873,973 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,971,282 | BOYAmt |
| EOY | $3,733,013 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $671,805 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,017 | BOYAmt |
| EOY | $268,621 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,000 | BOYAmt |
| EOY | $25,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $219,182 | BOYAmt |
| EOY | $308,653 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $245,372,729 | BOYAmt |
| EOY | $253,233,825 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,999,631 | BOYAmt |
| EOY | $5,611,987 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $188,400 | BOYAmt |
| EOY | $378,838 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,760,985 | BOYAmt |
| EOY | $178,092,640 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,674,270 | BOYAmt |
| EOY | $35,663,533 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $205,623,286 | BOYAmt |
| EOY | $219,746,998 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,218,547 | BOYAmt |
| EOY | $16,699,412 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,530,896 | BOYAmt |
| EOY | $16,787,415 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,749,443 | BOYAmt |
| EOY | $33,486,827 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $245,372,729 | BOYAmt |
| EOY | $253,233,825 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$6,258,662 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$3,954 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,064,341 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,712,505 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38,319,210 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,005,595 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,996,171 | CurrentTaxYearAmt |
| Total | $134,097,822 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,064,341 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,712,505 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38,319,210 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,005,595 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,996,171 | CurrentTaxYearAmt |
| Total | $134,097,822 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,637,323 | SubstantialContributorsTotAmt |
| Public Support Total170 | $128,460,499 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $84,317 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $196,160 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $251,904 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,389,871 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $779,772 | CurrentTaxYearAmt |
| Total | $4,702,024 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $47,950 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $27,150 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,407 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,647 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $49,653 | CurrentTaxYearAmt |
| Total | $167,807 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $138,967,653 | TotalSupportAmt |
| Public Support CY170 | 0.92440 | PublicSupportCY170Pct |
| Public Support PY170 | 0.93060 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, SHORT YEAR EXPLANATION: | FormAndLineReferenceDesc |
| Explanation | EFFECTIVE JANUARY 1, 2022, THE ORGANIZTION CHANGED IS YEAR END TO JUNE 30TH. THIS RESULTS IN A SHORT YEAR FROM JANUARY 1, 2022 TO JUNE 30, 2022. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 71 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $1,223,725 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $1,478,995 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $9,510,609 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
| Agent Trustee Etc | Yes (1) | AgentTrusteeEtcInd |
| Beginning Balance | $160,053,488 | BeginningBalanceAmt |
| Additions During Year | $20,485,937 | AdditionsDuringYearAmt |
| Distributions During Year | $18,510,291 | DistributionsDuringYearAmt |
| Ending Balance | $162,029,134 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | 0 | InclEscrowCustodialAcctLiabInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $221,481 | OtherCostOrOtherBasisAmt |
| Depreciation | $132,414 | DepreciationAmt |
| Book Value | $89,067 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $28,385,505 | OtherCostOrOtherBasisAmt |
| Depreciation | $24,741,559 | DepreciationAmt |
| Book Value | $3,643,946 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,733,013 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED RENT OBLIGATION | $42,806 |
| KC PURCHASES, REDEMPTIONS ETC | $616,640 |
| ACCRUED DEPOSITS, WITHDRAWALS, PURCHASES & DONATIONS | $30,130,192 |
| KIVA CARDS | -$1,293,615 |
| CURRENCY HOLDINGS | $798,069 |
| LENDING | $4,794,551 |
| KMF HOLDINGS | $574,890 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $35,663,533 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $16,047,964 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $1,238,968 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $1,238,968 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,808,996 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $14,808,996 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $22,306,624 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $1,238,968 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $1,238,968 | ExpensesNotReportedAmt |
| Expenses Subtotal | $21,067,656 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $21,067,658 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 1B: | THE FUNDS OF KIVA'S USERS ARE HELD IN ACCOUNTS SEPARATE FROM KIVA'S OPERATIONAL FUNDS. KIVA IS ENTITLED TO THE INTEREST EARNED ON THE FUNDS HELD IN THE FBO ACCOUNTS, PURSUANT TO THE BINDING TERMS OF USE WITH INDIVIDUAL USERS AT THE TIME A USER ACCOUNT IS ESTABLISHED. KIVA IS ALSO ENTITLED TO THE AUTO-CONVERTED DONATIONS FROM KIVA CARDS HELD IN THESE ACCOUNTS, AND ONLINE DONATIONS INTENDED FOR KIVA THAT ARE PROCESSED THROUGH THESE ACCOUNTS. |
| PART X, LINE 2: | KIVA HAS ADOPTED THE ACCOUNTING STANDARD RELATED TO UNCERTAINTIES IN INCOME TAXES. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY KIVA IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION; THEREFORE, NO LIABILITY FOR UNRECOGNIZED INCOME TAX BENEFITS HAS BEEN RECORDED AS OF JUNE 30, 2022. KIVA, KUF, KDAF, KIF, KCM, KRIF, SBRF, CRF, CASE G-SPV, CASE B-SPV, KP, AND JURNUS ARE SUBJECT TO EXAMINATION BY A MAJOR TAX JURISDICTION BACK TO 2019, OR INCEPTION OF THE ENTITY IN THE CASE OF KCM, KRIF, SBRF, CRF, CASE G-SPV, CASE B-SPV, KP, AND JURNUS. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ROUNDING 2. |
| SCHEDULE D, PART XI AND XII | THE ORGANIZATION OBTAINED AUDITED FINANCIAL STATEMENTS FOR THE 18-MONTH PERIOD BEGINNING 1/1/2021 AND ENDING 6/30/2022 DUE TO THE ORGANIZATION CHANGING ITS YEAR-END DATE FROM A CALENDAR YEAR END TO A FISCAL YEAR END OF JUNE 30. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (37 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| SUB SAHARAN AFRICA | 1 | 9 | MANAGEMENT | PARTNER MONITORING | $1,785 |
| SUB SAHARAN AFRICA | 1 | 9 | PROGRAM | PARTNER MONITORING | $6,254 |
| SUB SAHARAN AFRICA | 1 | 9 | FUNDRAISING | PARTNER MONITORING | $636 |
| EUROPE | 0 | 0 | MANAGEMENT | PARTNER MONITORING | |
| EUROPE | 0 | 0 | PROGRAM | PARTNER MONITORING | |
| RUSSIA | 0 | 0 | PROGRAM | PARTNER MONITORING | |
| MIDDLE EAST | 0 | 0 | PROGRAM | PARTNER MONITORING | $1,502 |
| EAST ASIA | 1 | 0 | MANAGEMENT | PARTNER MONITORING | |
| EAST ASIA | 1 | 0 | FUNDRAISING | PARTNER MONITORING | |
| EAST ASIA | 1 | 0 | PROGRAM | PARTNER MONITORING | |
| SOUTH ASIA | 0 | 0 | MANAGEMENT | PARTNER MONITORING | $10 |
| SOUTH ASIA | 0 | 0 | PROGRAM | PARTNER MONITORING | $35 |
| CENTRAL AMERICA | 0 | 0 | MANAGEMENT | PARTNER MONITORING | $408 |
| CENTRAL AMERICA | 0 | 0 | FUNDRAISING | PARTNER MONITORING | $1,145 |
| CENTRAL AMERICA | 0 | 0 | PROGRAM | PARTNER MONITORING | $4,012 |
| SOUTH AMERICA | 0 | 0 | FUNDRAISING | PARTNER MONITORING | $5 |
| SOUTH AMERICA | 0 | 0 | MANAGEMENT | PARTNER MONITORING | $14 |
| SOUTH AMERICA | 0 | 0 | PROGRAM | PARTNER MONITORING | $49 |
| NORTH AMERICA | 3 | 134 | FUNDRAISING | PARTNER MONITORING | $2,144 |
| NORTH AMERICA | 3 | 134 | MANAGEMENT | PARTNER MONITORING | $6,012 |
| NORTH AMERICA | 3 | 134 | PROGRAM | PARTNER MONITORING | $21,065 |
| CENTRAL AMERICA | 0 | 0 | PROGRAM | MICROFIANCE LOANS DISBURSED TO PARTNERS | $286,562 |
| EAST ASIA | 1 | 0 | PROGRAM | MICROFIANCE LOANS DISBURSED TO PARTNERS | $985,147 |
| EUROPE | 0 | 0 | PROGRAM | MICROFIANCE LOANS DISBURSED TO PARTNERS | $42,326 |
| MIDDLE EAST | 0 | 0 | PROGRAM | MICROFIANCE LOANS DISBURSED TO PARTNERS | $195,335 |
| RUSSIA | 0 | 0 | PROGRAM | MICROFIANCE LOANS DISBURSED TO PARTNERS | $242,145 |
| SOUTH AMERICA | 0 | 0 | PROGRAM | MICROFIANCE LOANS DISBURSED TO PARTNERS | $687,778 |
| SOUTH ASIA | 0 | 0 | PROGRAM | MICROFIANCE LOANS DISBURSED TO PARTNERS | $3,658 |
| SOUTH PACIFIC | 0 | 0 | PROGRAM | MICROFIANCE LOANS DISBURSED TO PARTNERS | $85,880 |
| SUB SAHARAN AFRICA | 1 | 9 | PROGRAM | MICROFIANCE LOANS DISBURSED TO PARTNERS | $1,082,481 |
| EUROPE | 0 | 0 | FUNDRAISING | PARTNER MONITORING | |
| MIDDLE EAST | 0 | 0 | FUNDRAISING | PARTNER MONITORING | $153 |
| MIDDLE EAST | 0 | 0 | MANAGEMENT | PARTNER MONITORING | $429 |
| NAIROBI, KENYA | 1 | 9 | PROGRAM | IMPACT INVESTMENTS & GENERAL ADMINISTRATION | |
| RUSSIA | 0 | 0 | MANAGEMENT | PARTNER MONITORING | |
| RUSSIA | 0 | 0 | FUNDRAISING | PARTNER MONITORING | |
| SOUTH ASIA | 0 | 0 | FUNDRAISING | PARTNER MONITORING |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 4 | SubtotalOfficesCnt |
| Subtotal Employees | 27 | SubtotalEmployeesCnt |
| Continuation Total Office | 14 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 420 | ContinuationTotalEmployeeCnt |
| Total Office | 18 | TotalOfficeCnt |
| Total Employee | 447 | TotalEmployeeCnt |
| Subtotal Spent | $10,177 | SubtotalSpentAmt |
| Continuation Spent | $3,646,793 | ContinuationSpentAmt |
| Total Spent | $3,656,970 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (50 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|
| CENTRAL AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $51,834 | WIRE TRANSFER | $0 | FMV |
| CENTRAL AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $6,883 | WIRE TRANSFER | $0 | FMV |
| CENTRAL AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $31,639 | WIRE TRANSFER | $0 | FMV |
| CENTRAL AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $9,837 | WIRE TRANSFER | $0 | FMV |
| EAST ASIA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $18,864 | WIRE TRANSFER | $0 | FMV |
| EAST ASIA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $29,022 | WIRE TRANSFER | $0 | FMV |
| EAST ASIA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $82,977 | WIRE TRANSFER | $0 | FMV |
| EAST ASIA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $496,753 | WIRE TRANSFER | $0 | FMV |
| EAST ASIA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $41,105 | WIRE TRANSFER | $0 | FMV |
| EAST ASIA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $43,416 | WIRE TRANSFER | $0 | FMV |
| EAST ASIA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $113,005 | WIRE TRANSFER | $0 | FMV |
| EASTERN EUROPE | MICROFINANCE LOANS DISBURSED TO PARTNERS | $36,608 | WIRE TRANSFER | $0 | FMV |
| MIDDLE EAST | MICROFINANCE LOANS DISBURSED TO PARTNERS | $63,380 | WIRE TRANSFER | $0 | FMV |
| MIDDLE EAST | MICROFINANCE LOANS DISBURSED TO PARTNERS | $22,977 | WIRE TRANSFER | $0 | FMV |
| MIDDLE EAST | MICROFINANCE LOANS DISBURSED TO PARTNERS | $108,978 | WIRE TRANSFER | $0 | FMV |
| CENTRAL ASIA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $68,416 | WIRE TRANSFER | $0 | FMV |
| CENTRAL ASIA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $77,186 | WIRE TRANSFER | $0 | FMV |
| CENTRAL ASIA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $96,512 | WIRE TRANSFER | $0 | FMV |
| SOUTH AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $9,213 | WIRE TRANSFER | $0 | FMV |
| SOUTH AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $13,356 | WIRE TRANSFER | $0 | FMV |
| SOUTH AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $45,240 | WIRE TRANSFER | $0 | FMV |
| SOUTH AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $54,682 | WIRE TRANSFER | $0 | FMV |
| SOUTH AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $70,706 | WIRE TRANSFER | $0 | FMV |
| SOUTH AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $149,082 | WIRE TRANSFER | $0 | FMV |
| SOUTH AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $210,899 | WIRE TRANSFER | $0 | FMV |
| SOUTH AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $134,600 | WIRE TRANSFER | $0 | FMV |
| SOUTH PACIFIC | MICROFINANCE LOANS DISBURSED TO PARTNERS | $76,170 | WIRE TRANSFER | $0 | FMV |
| SOUTH PACIFIC | MICROFINANCE LOANS DISBURSED TO PARTNERS | $9,710 | WIRE TRANSFER | $0 | FMV |
| SUB SAHARAN AFRICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $10,320 | WIRE TRANSFER | $0 | FMV |
| SUB SAHARAN AFRICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $31,795 | WIRE TRANSFER | $0 | FMV |
| SUB SAHARAN AFRICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $33,319 | WIRE TRANSFER | $0 | FMV |
| SUB SAHARAN AFRICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $43,996 | WIRE TRANSFER | $0 | FMV |
| SUB SAHARAN AFRICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $58,249 | WIRE TRANSFER | $0 | FMV |
| SUB SAHARAN AFRICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $200,819 | WIRE TRANSFER | $0 | FMV |
| SUB SAHARAN AFRICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $203,143 | WIRE TRANSFER | $0 | FMV |
| SUB SAHARAN AFRICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $28,957 | WIRE TRANSFER | $0 | FMV |
| SUB SAHARAN AFRICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $57,649 | WIRE TRANSFER | $0 | FMV |
| SUB SAHARAN AFRICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $44,128 | WIRE TRANSFER | $0 | FMV |
| SUB SAHARAN AFRICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $231,758 | WIRE TRANSFER | $0 | FMV |
| SUB SAHARAN AFRICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $27,025 | WIRE TRANSFER | $0 | FMV |
| CENTRAL AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $12,770 | WIRE TRANSFER | $0 | FMV |
| EAST ASIA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $12,845 | WIRE TRANSFER | $0 | FMV |
| EAST ASIA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $54,550 | WIRE TRANSFER | $0 | FMV |
| EAST ASIA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $90,740 | WIRE TRANSFER | $0 | FMV |
| SUB SAHARAN AFRICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $104,180 | WIRE TRANSFER | $0 | FMV |
| EASTERN EUROPE | MICROFINANCE LOANS DISBURSED TO PARTNERS | $5,718 | WIRE TRANSFER | $0 | FMV |
| CENTRAL AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $5,581 | WIRE TRANSFER | $0 | FMV |
| CENTRAL AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $14,369 | WIRE TRANSFER | $0 | FMV |
| CENTRAL AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $75,358 | WIRE TRANSFER | $0 | FMV |
| CENTRAL AMERICA | MICROFINANCE LOANS DISBURSED TO PARTNERS | $76,035 | WIRE TRANSFER | $0 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JULIE HANNA FARRIS | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | DIRECTOR | RelationshipDescriptionTxt |
| Transaction | $60,000 | TransactionAmt |
| Transaction | CONSULTING SERVICES | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 3 | THE COMPANY ANNOUNCED THAT IT WAS ENDING THE KIVA PROTOCOL INITIATIVE EFFECTIVE JUNE 30, 2022. |
| FORM 990, PART VI, SECTION A, LINE 3 | KATHY ROCK - CONTRACTED FINANCE SERVICE PROVIDER WHILE CFO POSITION VACANT SIN MEI TSAI - CONTRACTED ENGINEERING SERVICE PROVIDER WHILE CTO POSITION WAS VACANT |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WILL BE REVIEWED BY THE AUDIT COMMITTEE AND BOARD BEFORE IT IS FILED. ANY CONCERNS OR QUESTIONS WILL BE ADDRESSED AT THAT TIME. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO SIGN A STATEMENT AND THERE IS A FORMAL REQUEST TO DISCLOSE ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE REVIEWS COMPENSATION ANNUALLY. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS AND POLICIES ARE MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE. |
| FORM 990, PART XI, LINE 9: | CHANGE IN CUMULATIVE TRANSLATION ADJUSTMENT -3,954. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| KIVA USER FUNDS LLC | |||||||||
| 986 MISSION ST STE 400 | SAN FRANCISCO | CA | 94103 | 261778383 | FBO ACCOUNT HOLDER | CA | $0 | $161,929,471 | KIVA MICROFUNDS |
| KIVA-DAF LLC | |||||||||
| 986 MISSION ST STE 400 | SAN FRANCISCO | CA | 94103 | 463976029 | DONOR ADVISED FUND ACCOUNT | DE | $1,185,238 | $9,260,608 | KIVA MICROFUNDS |
| KIVA IMPACT FUNDS LLC | |||||||||
| 986 MISSION ST STE 400 | SAN FRANCISCO | CA | 94103 | 813992333 | IMPACT INVESTMENT FUND SUPPORTING REFUGEES | DE | $0 | $0 | KIVA MICROFUNDS |
| KIVA PROTOCOL LLC | |||||||||
| 986 MISSION ST STE 400 | SAN FRANCISCO | CA | 94103 | 832560412 | BLOCKCHAIN-BASED DIGITAL ID TECHNOLOGY | DE | $0 | $0 | KIVA MICROFUNDS |
| KIVA CAPITAL MANAGEMENT LLC | |||||||||
| 986 MISSION ST STE 400 | SAN FRANCISCO | CA | 94103 | 842909332 | IMPACT INVESTMENT FUND MANAGER | DE | $533,136 | $2,153,487 | KIVA MICROFUNDS |
| CALIFORNIA REBUILDING FUND LLC | |||||||||
| 986 MISSION ST STE 400 | SAN FRANCISCO | CA | 94103 | 852987081 | CALIFORNIA FUND FOR SMALL BUSINESSES (COVID-19 RESPONSE) | DE | $831,367 | $62,459,315 | KIVA MICROFUNDS |
| CASE B-SPV LLC | |||||||||
| 986 MISSION ST STE 400 | SAN FRANCISCO | CA | 94103 | 853053551 | CALIFORNIA FUND FOR SMALL BUSINESSES (COVID-19 RESPONSE) | DE | $0 | $0 | KIVA MICROFUNDS |
| CASE G-SPV LLC | |||||||||
| 986 MISSION ST STE 400 | SAN FRANCISCO | CA | 94103 | 853073827 | CALIFORNIA FUND FOR SMALL BUSINESSES (COVID-19 RESPONSE) | DE | $0 | $0 | KIVA MICROFUNDS |
| JURNUS LLC | |||||||||
| 986 MISSION ST STE 400 | SAN FRANCISCO | CA | 94103 | 854390192 | BLOCKCHAIN-RELATED WORK WITH DEIM | DE | $0 | $0 | KIVA MICROFUNDS |
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