2025-01-31T14:11:22-05:00 2023-12-31 HURRICANE FRANCINE IN LOUISIANA SEPTEMBER 2024 IR-2024-236 821276091 Corcoran & Bernard CPAs LLC 132 N Telemachus Street New Orleans LA 70119 990 2023-01-01 463169470 CAMELBACK VENTURES CAME 9169 W STATE STREET STE 430 GARDEN CITY ID 83714 SHAWNA YOUNG OFFICER 2153411601 2024-11-15 true true Amy Corcoran P01078383 5043721504 2025-01-31 2023 2025-03-06 01:10:19Z AARON WALKER 4706374 false X WWW.CAMELBACKVENTURES.ORG X 2013 LA CAMELBACK VENTURES VISION IS TO CREATE LIVABLE COMMUNITIES, QUALITY EDUCATION, AND ECONOMIC OPPORTUNITY FOR EVERYONE IN ONE GENERATION. 6 5 17 5 0 0 5056957 4162478 258069 92052 115670 410592 12194 41252 5442890 4706374 920293 973480 0 1993577 2161324 0 347828 2011221 1909524 4925091 5044328 517799 -337954 17591280 16873739 562693 375101 17028587 16498638 CAMELBACK VENTURES VISION IS TO CREATE LIVABLE COMMUNITIES, QUALITY EDUCATION, AND ECONOMIC OPPORTUNITY FOR EVERYONE IN ONE GENERATION. false false 1407423 530000 CAMELBACK VENTURES SUPPORTS THE GROWTH AND EMPOWERMENT OF LIVABLE COMMUNITIES; OUR TOOL OF CHANGE IS ENTREPRENEURSHIP. WE PROVIDE A RIGOROUS ACCELERATOR, KNOWN AS THE CAMELBACK FELLOWSHIP, FOR UNTAPPED ENTREPRENEURS. AT THIS TIME, WE ARE FOCUSED ON TACKLING THESE TWO IMPACT AREAS 1) EDUCATION AND 2) CONSCIOUS TECH. THE CAMELBACK FELLOWSHIP IS A THREE-MONTH PROGRAM THAT SUPPORTS THE DEVELOPMENT OF BOTH FOUNDER AND VENTURE. SINCE 2015, CAMELBACK HAS SUPPORTED 144 ENTREPRENEURS OF COLOR AND WOMEN (MANY OF WHOM HAVE BEEN RECOGNIZED IN FORBES 30 UNDER 30, RECEIVED FELLOWSHIPS SUCH AS ECHOING GREEN AND RICHARDS DRAPER KAPLAN, AND COLLECTIVELY GONE ON TO RAISE OVER $135 MILLION IN FOLLOW ON FUNDING). 1000437 443480 4525 THE NETWORK PROGRAM SUPPORTS ALL ALUMNI, INCLUDING THOSE WITH THE HIGHEST IMPACT POTENTIAL WITH ADDITIONAL INVESTMENT, COACHING AND OTHER CAPACITY BUILDING OPPROTUNITY. 640247 210000 THE CAPITAL COLLABORATIVE IS A COHORT-BASED FELLOWSHIP PROGRAM RUN BY CAMELBACK AND SPECIFICALLY DESIGNED FOR WHITE-IDENTIFYING SENIOR LEADERS IN PHILANTHROPY AND IMPACT INVESTING WHO WANT TO DEEPEN THEIR PERSONAL AND PROFESSIONAL WORK ON RACIAL EQUITY.THE GOAL OF THE CAPITAL COLLABORATIVE IS TO INFLUENCE GRANTMAKERS, INVESTORS, AND INDIVIDUALS TO CREATE MORE FAIRNESS IN FUNDING BY CHANGING THEIR HABITS IN ORDER TO FUND UNDERVALUED ORGANIZATIONS LED BY PEOPLE OF COLOR (AND WOMEN). 524421 SEARCH & ALIGN IS THE RECURITMENT AND SELECTION WORKSREAM OF THE ORGANIZATION. IT SUPPORTS FELLOWSHIP AT THE CAPITAL COLLABRATIVE PROGRAMS. 173700 30399 OUR VISION IS TO HAVE A COMMUNITY THAT RELIES ON, SOURCES, VETS, APPRECIATES, COMMUNES, AND PARTICIPATES IN AMPLIFYING THEIR VENTURES AS WELL AS THAT OF CAMELBACK VENTURES. WE HAVE GROWN TO 139+ ALUMNI ACROSS THE COUNTRY AND SECTORS. WE WANT TO ENSURE THAT THEY ARE THRIVING BY BEING ABLE TO INCREASE CAMELBACKS ABILITY TO MARSHAL RESOURCES TO THEM IN AN INTENTIONAL AND MEANINGFUL WAY. 698121 30399 3746228 true true false false false false false false false false false false true false false true false true false false false false false false false false false true false true false false false false false false false true false false false false false true true true false false true 61 0 true 17 true false false false false false false false false false false false false false false X 6 5 false false false false false false false true true false false true true true true true true true true false X AARON WALKER 2153411601 9169 W STATE ST 430 GARDEN CITY ID 83714 AARON WALKER CEO & FOUNDER 40.00 0.00 X X 243570 0 25355 RIYAZ GAYASADDIN VICE PRESIDENT OF PROGRAM AND 40.00 0.00 X 194658 0 12464 MELVIN FREEMAN DIRECTOR OF DATA & STRATEGY 40.00 0.00 X 154803 0 4309 TANIA DALL SENIOR DIRECTOR OF MARKETING 40.00 0.00 X 119693 0 7414 CATHALINE YI VICE PRESIDENT OF DEVELOPMENT 40.00 0.00 X 111834 0 10073 STACY WEST SPECIAL ASSISTANT 40.00 0.00 X 101369 0 19233 TOM MCLEOD BOARD MEMBER 1.00 0.00 X 0 0 0 WENDY BRONFIN BOARD MEMBER 1.00 0.00 X 0 0 0 NICOLE CARDOZA BOARD MEMBER 1.00 0.00 X 0 0 0 LLOYD JOHNSON PRESIDENT 1.00 0.00 X X 0 0 0 RAJ THAKKAR TREASURER 1.00 0.00 X X 0 0 0 925927 0 78848 6 false true false OFFOR 90 STATE STREET STE 700 ALBANY NY 12207 HEADHUNTER 167000 JESSAMYN SHAMS-LAU BADSMANDSVEJ 34A BRONDBY STRAND BRONDBY STRAND DA 2660 PROGRAMMING 123662 SUBSTANTIAL 900 E PINE STREET STE 202 SEATTLE WA 98122 DESIGN 165500 3 4162478 4162478 FEE FOR SERVICE 541610 92052 92052 92052 410592 410592 REIMBURSEMENT REVENUE 900099 33760 33760 CASH BACK INCENTIVE 900099 7492 7492 41252 4706374 133304 0 410592 X 973480 973480 268925 53784 102192 112949 1630110 1234714 203435 191961 123111 83725 21410 17976 139178 96940 22294 19944 1910 1910 48317 48317 1131539 1000517 131022 89541 40179 49362 60197 14703 45459 35 4377 4377 150169 110699 36958 2512 20127 20127 BAD DEBT EXPENSE 205000 205000 EVENTS- EXTERNAL FACING 89421 88127 1294 MEALS 42860 35233 7221 406 TRAINING & DEVELOPMENT 44464 3189 39230 2045 21602 10938 10664 5044328 3746228 950272 347828 198761 209708 13946964 14320056 918683 50019 40000 9045 13124 2517827 2240832 17591280 16873739 562693 375101 562693 375101 X 13300324 13168882 3728263 3329756 17028587 16498638 17591280 16873739 -337954 -191995 0 X false true X true false X 2859190 12839569 5413060 5056957 4162478 30331254 2859190 12839569 5413060 5056957 4162478 30331254 8699231 21632023 18968 26448 24362 115670 410592 596040 30927294 133304 0.69940 0.72470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED PROGRAM RELATED INVESTMENTS 2240832 C 2240832 X 4514379 -191995 -191995 4706374 4706374 5044328 5044328 5044328 Footnote for uncertain tax position under FIN 48 (Part X) CAMELBACK IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501C3 OF THE INTERNAL REVENUE CODE (THE CODE) AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. CAMELBACK IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME, IF ANY. CAMELBACK FILES INFORMATIONAL TAX RETURNS AS REQUIRED BY THE CODE. CAMELBACK ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC TOPIC 740, INCOME TAXES. THIS TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE TOPIC ALSO PROVIDES GUIDANCE ON RECOGNITION, DERECOGNITION, AND CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AT DECEMBER 31, 2023 AND 2022, MANAGEMENT BELIEVES THAT CAMELBACK HAS NO MATERIAL UNCERTAIN TAX POSITIONS. true PHOENIX INTERNATIONAL INCORPORATED 100 CENTRNNIAL STREET 2693 LA PLATA MD 20646 852466834 501C3 26000 TO ASSIST IN THE STARTUP OF NONPROFIT HOMEWORKS TRENTON 174 NASSAU STREET SUITE 196 PRINCETON NJ 08542 815218769 501C3 10000 TO ASSIST IN THE STARTUP OF NONPROFIT SANKOFA ROOTS 3237 FOOTHILL BLVD 294 OAKLAND CA 94601 874164125 501C3 48000 TO ASSIST IN THE STARTUP OF NONPROFIT ST LOUIS BLACK AUTHORS OF CHILDRENS 3934 HARTFORD STREET SAINT LOUIS MO 63116 301094310 501C3 25000 TO ASSIST IN THE STARTUP OF NONPROFIT GENUNITY 429 ADAMS MAIL CTR CAMBRIDGE MA 02138 871485598 501C3 10000 TO ASSIST IN THE STARTUP OF NONPROFIT VILLAGE OF WISDOM 600 E UMSTEAD AVE DURHAM NC 27701 472060936 501C3 8000 TO ASSIST IN THE STARTUP OF NONPROFIT UPROOTED WAY PO BOX 27280 WEST HAVEN CT 06516 880804598 501C3 37000 TO ASSIST IN THE STARTUP OF NONPROFIT FLI SCI 1112 16TH STREET NW STE 600 WASHINGTON DC 20036 NA 10000 TO SUPPORT PROFESSIONAL DEVELOPMENT UNBOUND STOCKTON COMMUNITY 444 N AMERICAN ST STOCKTON CA 95202 372000388 501C3 5000 TO ASSIST IN THE STARTUP OF NONPROFIT BROTHERS EMPOWERED TO TEACH INITIAT 2533 COLUMBUS ST STE 102 NEW ORLEANS LA 70119 464812536 501C3 9950 TO ASSIST IN THE STARTUP OF NONPROFIT SOCIAL GOOD FUND 12651 SAN PABLO AVENUE STE 5473 RICHMOND CA 94805 461323531 501C3 9930 TO ASSIST IN THE STARTUP OF NONPROFIT GENERATION SUCESS 9600 LAKE FOREST BLVD PO BOX 87156 NEW ORLEANS LA 70127 NA 8000 TO SUPPORT PROFESSIONAL DEVELOPMENT B-360 BALTIMORE INC PO BOX 67052 BALTIMORE MD 21215 920550781 501C3 8000 TO ASSIST IN THE STARTUP OF NONPROFIT VOCAL JUSTICE 601 WILLIAM STREET 134 OAKLAND CA 94612 874315130 501C3 10000 TO ASSIST IN THE STARTUP OF NONPROFIT EIGHT MILLION STORIES INC PO BOX 10557 HOUSTON TX 77206 463716567 501C3 10000 TO ASSIST IN THE STARTUP OF NONPROFIT FREE ALAS 3612 BANKS ST NEW ORLEANS LA 70119 842544330 501C3 10000 TO ASSIST IN THE STARTUP OF NONPROFIT I-STARRT 4916 DANNEEL ST NEW ORLEANS LA 70115 261306852 501C3 7500 TO ASSIST IN THE STARTUP OF NONPROFIT PILOTED FOUNDATION 1342 N PARKER AVE INDIANAPOLIS IN 46201 863318602 501C3 8500 TO ASSIST IN THE STARTUP OF NONPROFIT IMMSCHOOLS PO BOX 181029 DALLAS TX 75218 823350805 501C3 10000 TO ASSIST IN THE STARTUP OF NONPROFIT CREATIVE REACTION LAB 3224 LOCUST STREET STE 301 SAINT LOUIS MO 63103 472876860 501C3 30000 TO ASSIST IN THE STARTUP OF NONPROFIT WORDS LIIVE LLC 1808 CONNECTICUT AVE NW WASHINGTON DC 20009 NA 35000 TO SUPPORT PROFESSIONAL DEVELOPMENT SOPHIE SCIENCE 3612 28TH AVE STE 4R ASTORIA NY 11103 NA 27000 TO SUPPORT PROFESSIONAL DEVELOPMENT WISE YOUNG BUILDERS 141 H ST NE STE 200 WASHINGTON DC 20002 NA 40000 TO SUPPORT PROFESSIONAL DEVELOPMENT UNITED WAY OF SOUTHWEST LOUISIANA 815 RYAN STREET LAKE CHARLES LA 70601 720456901 501C3 40000 TO ASSIST IN THE STARTUP OF NONPROFIT GEORGIA COALITION FOR HIGHER EDUCAT 1026 EMORY STREET OXFORD GA 30054 863043333 501C3 40000 TO ASSIST IN THE STARTUP OF NONPROFIT BLACK GIRLS FILM CAMP 3540 TORINGDON WAY STE 200-130 CHARLOTTE NC 28277 872502815 501C3 40000 TO ASSIST IN THE STARTUP OF NONPROFIT LIBERATION JOURNEYS 5134 N OAKLEY AVE 1R CHICAGO IL 60625 872384394 501C3 40000 TO ASSIST IN THE STARTUP OF NONPROFIT THE LIBERATION FOUNDATION 6064 CALLOWHILL STREET PHILADELPHIA PA 19151 851447679 501C3 40000 TO ASSIST IN THE STARTUP OF NONPROFIT SEMBRANDO SENTIDO INC PO BOX 9023191 SAN JUAN PR 00902 660919539 501C3 40000 TO ASSIST IN THE STARTUP OF NONPROFIT THE WATTS OF POWER FOUNDATION 1648 W 20TH STREET LOS ANGELES CA 90007 834510126 501C3 40000 TO ASSIST IN THE STARTUP OF NONPROFIT COMMON GOOD 1718 M STREET NW STE 187 WASHINGTON DC 20036 264329049 501C3 10000 TO ASSIST IN THE STARTUP OF NONPROFIT AES LITERACY INSTITUTE 8204 ELMBROOK DRIVE STE 213 DALLAS TX 75247 833899952 501C3 40000 TO ASSIST IN THE STARTUP OF NONPROFIT MUSEUM OF DIVERSITY INC A710-2090 LAWRENCE-SUWANEE RD SUWANEE GA 30024 861824534 501C3 40000 TO ASSIST IN THE STARTUP OF NONPROFIT BASELINE HEALTH 461 NE LENOX STREET HILLSBORO OR 97124 884139358 501C3 40000 TO ASSIST IN THE STARTUP OF NONPROFIT INSPIRING FUTURES INC 778 MORRIS PARK AVE 14 BRONX NY 10462 922460863 501C3 40000 TO ASSIST IN THE STARTUP OF NONPROFIT SOUTHERN NEVADA BLACK EDUCATORS INI 4629 CLOUDY MORNING STREET NORTH LAS VEGAS NV 89031 873629237 501C3 40000 TO ASSIST IN THE STARTUP OF NONPROFIT LA TIENDITA 2309 N RIDGE ROAD MCKINNEY TX 75072 NA 40000 TO SUPPORT PROFESSIONAL DEVELOPMENT REMIX DESIGNS LLC 986 SOUTH MOLINE STREET AURORA CO 80012 NA 20000 TO SUPPORT PROFESSIONAL DEVELOPMENT 31 7 Monitoring procedures (Part I, line 2) THE GRANTEES RECEIVE PREDEFINED TRAUNCHES OF FUNDING AS CERTAIN METRICS ARE MET. INVESTOR CONFERENCE CALLS ARE SET UP BETWEEN THE GRANTEES AND THE CAMELBACK VENTURES EXPERTS FOR REPORTING ON HOW THE GRANTEES SPENT THE PREVIOUS FUNDS AND HOW THEY ARE PROGRESSING WITH THEIR START-UP ORGANIZATIONS. IF CERTAIN CRITERIA IS MET, THE NEXT TRAUNCH OF FUNDS WILL BE GIVEN TO THE GRANTEES. X X X X X X false false false false false false false false false AARON WALKER CEO & FOUNDER 243570 25355 268925 RIYAZ GAYASADDIN VICE PRESIDENT OF PROGRAM AND TALEN 194658 12464 207122 MELVIN FREEMAN DIRECTOR OF DATA & STRATEGY 154803 4309 159112 OFFOR AARON WALKERS WIFES BUSINESS 167000 INDEPENDENT CONTRACTOR HIRED FOR HEADHUNTING false Supplemental Information for Schedule L AARON WALKERS WIFE, IFFY, IS THE OWNER OF OFFOR. OFFOR WAS CONTRACTED BY CAMELBACK VENTURES TO ASSIST THE TAXEXEMPT ORGANIZATION WITH HEADHUNTING AND HIRING. THE CONTRACT FOR SERVICES WAS AT FAIR MARKET VALUE. Form 990 governing body review Part VI line 11 DISTRIBUTED TO BOARD FOR REVIEW PRIOR TO FILING Conflict of interest policy compliance Part VI line 12c THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY TO ENSURE THAT IT IS FOLLOWED. CEO executive director top management comp Part VI line 15a THE ANNUAL PROCESS FOR DETERMINING COMPENSATION OF THE CEO IS AS FOLLOWS: CAMELBACK SHALL, AS A FULL BOARD, ANNUALLY EVALUATE THE CEO ON HIS/HER PERFORMANCE AGAINST ESTABLISHED GOALS AND EMPLOYEE INPUT, AND ASK FOR HIS/HER INPUT ON MATTERS OF PERFORMANCE AND COMPENSATION. THE BOARD PRESIDENT AND/OR HIS DESIGNEE WILL OBTAIN RESEARCH AND INFORMATION TO MAKE A RECOMMENDATION TO THE FULL BOARD FOR THE COMPENSATION BASED UPON A REVIEW OF COMPARABILITY DATA. THIS DATA MAY INCLUDE THE FOLLOWING: SALARY AND COMPENSATION STUDIES BY INDEPENDENT SOURCES, WRITTEN JOB OFFERS FOR POSITIONS AT SIMILIAR ORGANIZATIONS, DOCUMENTED TELEPHONE CALLS ABOUT SIMILAR POSITIONS AT OTHER ORGANIZATIONS, AND INFORMATION OBTAINED FROM IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS. THE BOARD MUST DOCUMENT HOW IT REACHED ITS DECISIONS, INCLUDING THE DATA WHICH IT RELIED ON, IN MINUTES OF THE MEETINGS DURING WHICH THE COMPENSATION WAS APPROVED. Other officer or key employee compensation Part VI line 15b THE POLICY FOR DETERMINING THE COMPENSATION OF ANY HIGHLY COMPENSATED EMPLOYEES OR CONSULTANTS IS THE SAME POLICY USED TO DETERMINE THE COMPENSATION OF THE CEO. Governing documents etc available to public Part VI line 19 UPON REQUEST List of other fees for services expenses Part IX line 11g PROGRAM SERIVCECONTRACTORS - COACHING - $189,691CONTRACTORS - OPERATIONS - $56,220CONTRACTORS - PROGRAMMING - $513,704CONTRACTORS - ALUMNI - $76,585CONTRACTORS - TECHNICAL - $148,929HONORARIUMS - $15,388MANAGEMENT & GENERALCONSULTING SERVICES - ORGANIZATION - ($50,000)CONTRACTORS - OPERATIONS - $11,647CONTRACTORS - HUMAN RESOURCES - $171,250HONORARIUMS - $125 CAMELBACK RFG GP CORP 500 SOUTH GENOIS STREET NEW ORLEANS LA 70119 863951295 HOLDING COMPANY LA CAMELBACK VENTURES C Corp 100 100 1.00000 true false true false false false false false false false false false false false false false false false true false CAMELBACK RFG GP CORP B 160000 FMV Explanation of information on Schedule R INVESTMENT IN CAMELBACK RFG CORP $160,000