2023-05-22T13:23:12-05:00 2020-12-31 475525639 TANDEM LLP 446 Old County Road Suite 100-140 Pacifica CA 94044 990 2020-01-01 465306699 INCO Community Inc FKACALSO Community Inc CALS 4155798301 548 Market Street PMB 67678 San Francisco CA 941045401 Nicolas Hazard President 4155798301 2023-05-22 1 Nicolas Hazard 999009999 Lynn Henley P00356034 6503509805 2023-05-22 2 AAL1 IAL1 2020 2023-04-26 12:10:37Z X Nicolas Hazard 548 Market Street PMB 67678 San Francisco CA 941045401 5007552 0 X inco.us.org X 2014 CA To empower each and every individual to reach their potential. 7 7 1 10 0 0 1083185 5007351 0 0 633 201 0 0 1083818 5007552 770000 3436975 0 0 88150 92541 0 0 0 112925 536677 971075 4066193 112743 941359 2731720 3479996 1971163 737505 760557 2742491 X INCO Community, Inc. (formerly Calso Community, Inc.) or "INCO US" is a 501(c)(3) nonprofit organization whose mission is to break the greatest barriers disadvantaged and marginalized populations face on their journey to success. Whether these challenges are linked to access to quality education, livable jobs, primary healthcare or affordable housing, INCO US aspires to empower each and every individual to reach their full potential so they can thrive. Our double-bottom-line approach is based on innovative, sustainable business models to address today's greatest social and environmental issues.Since its creation, INCO US has been working on two main verticals:- Workforce development programs to address the unemployment issue in the Bay Area by reducing the skills gaps with programs that provide educational and employment services to those in need. - Support social entrepreneurs and nonprofit organizations through accelerators. 0 0 2623700 2406400 PROGRAM - EDUCATION ACCELERATOR (Tides Foundation)In the midst of the Covid-19 pandemic, INCO, in partnership with Tides Foundation, implemented an emergency program to address the devastating impact on the education of vulnerable children. Whether they were living in poverty in Indonesia or in refugee camps in Greece, our goal was to provide these children with continuous and consistent access to quality education.For 8 months, INCO Education Accelerator supported and coached 18 NGOs to implement distance education initiatives for out-of-school children. Across 9 countries in Europe and Asia, more than 360,000 children and 20,000 teachers benefited from these initiatives. 908658 840575 PROGRAM - VERIZON ACADEMYIn November 2019, INCO launched the INCO Academy across Australia, France, Germany, Ireland and the United Kingdom. What started as a blend of in person training, at-home modules, and in person soft skills workshops, quickly transitioned to completely virtual learning with the emergence of the global pandemic. The goal of INCO Academy, which still operates across all 5 countries and has since expanded into Poland and Luxembourg, is to introduce individuals far from the tech sector to the opportunities and options within IT. 190000 190000 PROGRAM - POW'HER IN TECH (CHANEL)INCO launched the Pow'Her in Tech in 2019 with the support of the Fondation Chanel. This program aims to promote the inclusion of individuals in the tech sector who identify as women and/or are gender non-conforming.In 2020, the Pow'Her in Tech campaign connected with thousands of women in 6 countries to promote best practices and recommendations on how to overcome gender-bias and discrimination in the tech sector. 28350 0 0 PROGRAM - TARMAC TXIn January 2015, INCO US launched Tarmac TX with support from the 3M Foundation. Tarmac TX is an Austin, Texas based incubation program that offers three- and nine-months tuition free accelerator programs to entrepreneurs who leverage technology to address social and environmental issues. 28350 0 0 3750708 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 CA X Thibault Kheres 3185736252 3 Boulevard Saint-Martin Paris FR 75003 Nicolas Hazard President & CEO 3.00 X X 0 0 0 Brian Walsh Chairman of the Board 1.00 X X 0 0 0 Jeremy Wallenberg Board Member 1.00 X 0 0 0 Douglas Jutte thru 26 Oct 2020 Board Member 1.00 X 0 0 0 Colette Auerswald thru 26 Oct 2020 Board Member 1.00 X 0 0 0 Mawuena Tendar Board Member/Board Secreta 1.00 X X 0 0 0 Thibault Kheres Chief Financial Officer 1.00 X X 0 47539 0 Paul Ferrari as of 1 Oct 2020 Board Member 1.00 X 0 0 0 Megan Kum as of 1 Oct 2020 Board Member 1.00 X 0 0 0 Natasha Christensen as of 1 Oct 202 Board Member 1.00 X 0 0 0 0 47539 0 0 0 0 0 0 X 5007351 5007351 201 201 5007552 0 0 201 X 3436975 3436975 47539 47539 45002 44330 672 13391 13391 8802 8802 450 450 1178 1178 273016 273016 4345 4345 971 971 219 219 838 838 613 613 Contract Expenses 217300 217300 Web Hosting and Website 14492 14492 Staff Development 1062 1062 4066193 3750708 315485 0 X 1979497 2728424 744828 745029 773 0 0 759 4356 2272 2922 2084 500 500 3200 3200 2731720 3479996 1063 218089 246400 1200000 0 100 770000 273016 1971163 737505 X 760557 601196 2141295 760557 2742491 2731720 3479996 X 941359 1040575 X X 0 1 X 1 0 X 12090 109900 244912 1083185 5007351 6457438 12090 109900 244912 1083185 5007351 6457438 3113732 3343706 236 445 633 201 1515 6458953 684517 0.51770 0.10860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4356 2272 2084 2084 Royalties Payable 273016 273016 X 5007552 0 5007552 0 5007552 4066193 0 4066193 0 4066193 Part X, Line 2: The Organization is a nonprofit corporation that is exempt from the payment of income taxes under Internal Revenue Code Section 50l(c)(3) and the California Revenue and Taxation Code Section 2370l(d). Accordingly, no provision has been made for income taxes. The Organization evaluates uncertain tax positions whereby the effect of the uncertainty would be recorded if tax positions were more likely than not to be sustained upon examination. Management has evaluated the Organization's tax positions and believes there are no uncertain positions required to be recorded or disclosed for the years ended December 31, 2021 and 2020. By statute, the Organization's federal and state income tax returns generally remain subject to examination by taxing authorities for three and four years, respectively, from the date the return is filed. 1 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 The Organization made grants of $3,436,975 to INCO.ORG. 3436975 0 0 0 0 0 0 3436975 0 3436975 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium To provide general support for the charitable activities of INCO.org. 3436975 Wire 1 0 0 0 0 0 0 Part I, Line 2: INCO Community (US) is a member of the INCO Group, an international network of non-profit organisations accelerating a more inclusive and sustainable economy in over 50 locations across 5 continents. INCO Group works closely with all of its member organizations, maintaining an atmosphere of transparency. Because of this transparency, INCO Community (US) is able to monitor the use of the granted funds. Part III Accounting Method: Nicolas Hazard Founder 273016 In 2020, the Organization entered into a 2-year Trademark License Agreement with INCO Holding, which is the holding company for the INCO Group. The sole shareholder of INCO Holding is the Organization's President, Nicolas Hazard. The agreement allows the Organization to operate under the INCO brand for a 2-year period, after which it automatically renews for additional 2-year periods, at most, 4 consecutive times, unless either party terminates the agreement at least 3 months prior to the end of one of the 2-year periods. 1 Form 990, Part VI, Section B, line 11b The Form 990 was prepared by an independent CPA. The completed Form 990 was sent to the Board Secretary/Chief Operating Officer for review. The reviewed Form 990 was provided to the entire Board prior to filing. Form 990, Part VI, Section C, line 19 The Organization's Form 990 is available upon request. The Organization's policies with regard to the disclosure of its governing documents and other filings is in complete compliance with federal and California law. Form 990, Part VIII, Line 1(f) REASON FOR AMENDMENT - Audit Results below: Decrease Corporate Grants Income - $1,200,000 Form 990, Part VIII, Line 1(f) REASON FOR AMENDMENT - Audit Results below: Increase Foundation Grants Income - $1,870,666 Form 990, Part IX, Line 15(C) REASON FOR AMENDMENT - Audit Results below: Increase Royalties Expense - $31,880 The payment of royalties to a related partty, INCO Holding, is now being reported in the amended return on Schedule L and Schedule R. The amended return now includes the Schedule R that identifies transactions with related parties. The amended return includes information on officer compensation paid by a related organization in Part VII and the officer compensation is now included in the statement of functional expenses. Form 990, Part IX, Line 3(B) REASON FOR AMENDMENT - Audit Results below: Increase Subcontracting Events Expense - $73,629 Form 990, Part X, Line 25(B) REASON FOR AMENDMENT - Audit Results below: Increase Accrued Royalties - $31,880 Form 990, Part X, Line 19(B) REASON FOR AMENDMENT - Audit Results below: Decrease in Deferred Revenue: $1,870,666 Form 990, Part X, Line 25(B) REASON FOR AMENDMENT - Audit Results below: Increase in Loan Payable - INCO - $233,054 Form 990, Part XI, line 9: Increase to Net Assets - Beginning of Year due to Audited Financial Stmts 1,040,575. Part XII, Line 2c, Form 990 Audit Procedure 2020 was the first year that the Organization had audited financial statements. Form 990, Part XI, Line 9 REASON FOR AMENDMENT - Audit Results below: Increase Retained Earnings - $1,040,575 INCOorgINCO Group 3 Boulevard Saint-Martin Paris FR 75003 Manage INCO Organizations FR C 0 INCO Holding 3 Boulevard Saint-Martin Paris FR 75003 Holding Company for INCO Organizations FR C 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 INCO Holding K 273016 Amount Paid - INCO Holding INCOorg B 3436975 Amount Granted -INCO.org INCO Holding O 47539 Amount paid by INCO Holding