CAMELBACK VENTURES INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CAMELBACK VENTURES INC (EIN 46-3169470)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-12-20
- IRS object ID
- 202123549349301052
- Schema version
- 2020v4.1
- 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 | 2021-12-20T13:21:12-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 821276091 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Corcoran & Bernard CPAs LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 132 N Telemachus Street | AddressLine1Txt |
| City | New Orleans | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70119 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 463169470 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMELBACK VENTURES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CAME | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 612 ANDREW HIGGINS BLVD THIRD FLOOR | AddressLine1Txt |
| City | NEW ORLEANS | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70130 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AARON WALKER | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 2153411601 | PhoneNum |
| Signature | 2021-12-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | AARON | PersonFirstNm |
| Person Last | WALKER | PersonLastNm |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Amy Corcoran | PreparerPersonNm |
| PTIN | P01078383 | PTIN |
| Phone | 5043721504 | PhoneNum |
| Preparation | 2021-12-20 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | AARON WALKER | PrincipalOfficerNm |
| Gross Receipts | $13,479,631 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CAMELBACKVENTURES.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2013 | FormationYr |
| Legal Domicile State | LA | LegalDomicileStateCd |
| Activity Or Mission | CAMELBACK VENTURES VISION IS TO CREATE LIVABLE COMMUNITIES, QUALITY EDUCATION, AND ECONOMIC OPPORTUNITY FOR EVERYONE IN ONE GENERATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,859,190 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,839,569 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $50,300 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $591,114 | CYProgramServiceRevenueAmt |
| PY Investment Income | $18,968 | PYInvestmentIncomeAmt |
| CY Investment Income | $25,698 | CYInvestmentIncomeAmt |
| CY Other Revenue | $22,500 | CYOtherRevenueAmt |
| PY Total Revenue | $2,928,458 | PYTotalRevenueAmt |
| CY Total Revenue | $13,478,881 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $460,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $774,810 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $833,015 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,031,467 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $273,951 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $823,362 | PYOtherExpensesAmt |
| CY Other Expenses | $1,127,410 | CYOtherExpensesAmt |
| PY Total Expenses | $2,116,377 | PYTotalExpensesAmt |
| CY Total Expenses | $2,933,687 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $812,081 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,545,194 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,460,478 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,383,160 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,055,139 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $795,200 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,405,339 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,587,960 | NetAssetsOrFundBalancesEOYAmt |
| Mission | CAMELBACK VENTURES VISION IS TO CREATE LIVABLE COMMUNITIES, QUALITY EDUCATION, AND ECONOMIC OPPORTUNITY FOR EVERYONE IN ONE GENERATION. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $838,097 | ExpenseAmt |
| Grant | $390,160 | GrantAmt |
| Revenue | $921,000 | RevenueAmt |
| Desc | 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 83 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 $50 MILLION). | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $691,760 | ExpenseAmt |
| Grant | $367,650 | GrantAmt |
| Revenue | $584,734 | RevenueAmt |
| Desc | 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 84+ 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $351,244 | ExpenseAmt |
| Revenue | $565,400 | RevenueAmt |
| Desc | 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). | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)
| ExpenseExpenseAmt | RevenueRevenueAmt | DescDesc | GrantGrantAmt |
|---|---|---|---|
| $261,087 | $999,150 | THE VENTURE STUDIO SUPPORTS HIGH-IMPACT ALUMNI FROM OUR FELLOWSHIP PROGRAM WITH ADDITIONAL INVESTMENT, COACHING AND OTHER CAPACITY BUILDING OPPORTUNITIES. | |
| $77,647 | $15,000 | CAMELBACK VENTURES INTENSIVE LOCAL ECONOMIES FELLOWSHIP PROVIDES BIPOC AND WOMEN ENTREPRENEURS IN THE SOUTHEASTERN UNITED STATES WITH FREE COACHING, CAPITAL, AND ACCESS TO PROFESSIONAL CONNECTIONS THROUGH VIRTUAL WORKSHOPS TO BETTER GROW THEIR BUSINESSES AND NAVIGATE THE COVID-19 ECONOMIC DOWNTURN. ALL OF THESE CONSCIOUS TECH COMPANIES SEEK TO SOLVE A NUMBER OF SOCIETAL NEEDS: SMALL BUSINESS INCLUSION, SAFE ACCESS TO LOCAL BUSINESSES IN LIGHT OF THE PANDEMIC, AND FINANCIAL LITERACY SERVICES. | $12,000 |
| $5,000 | $13,480 | CAMELBACK VENTURES FROM TIME TO TIME ACTS AS A FISCAL SPONSOR FOR MISSION ALIGNED ORGANIZATIONS AND PROJECTS. | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $343,734 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $17,000 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $1,027,630 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $2,224,835 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 53 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 9 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AARON WALKER | PersonNm |
| Phone | 2153411601 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 612 ANDREW HIGGINS BLVD THIRD FLOOR | AddressLine1Txt |
| City | NEW ORLEANS | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70130 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| AARON WALKER | |||||||
| CEO & FOUNDER | 40.00 | 0.00 | Yes (X) | Yes (X) | $227,890 | $0 | $20,152 |
| NICOLE CARDOZA | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| WENDY BRONFIN | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| TOM MCLEOD | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| LLOYD JOHNSON | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CHINTAN PANCHAL | |||||||
| PRESIDENT | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RAJ THAKKAR | |||||||
| TREASURER | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $227,890 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $20,152 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $12,839,569 | AllOtherContributionsAmt |
| Total Contributions | $12,839,569 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEE FOR SERVICE | Desc |
| Business | 541610 | BusinessCd |
| Total Revenue Column | $591,114 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $591,114 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $591,114 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,448 | TotalRevenueColumnAmt |
| Exclusion | $26,448 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $750 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$750 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$750 | TotalRevenueColumnAmt |
| Exclusion | -$750 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $22,500 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,500 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $22,500 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,478,881 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $613,614 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $25,698 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $774,810 | TotalAmt |
| Program Services | $774,810 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $227,890 | TotalAmt |
| Program Services | $91,156 | ProgramServicesAmt |
| Management And General | $22,789 | ManagementAndGeneralAmt |
| Fundraising | $113,945 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $681,884 | TotalAmt |
| Program Services | $434,302 | ProgramServicesAmt |
| Management And General | $131,459 | ManagementAndGeneralAmt |
| Fundraising | $116,123 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,425 | TotalAmt |
| Program Services | $32,790 | ProgramServicesAmt |
| Management And General | $10,651 | ManagementAndGeneralAmt |
| Fundraising | $12,984 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,268 | TotalAmt |
| Program Services | $38,845 | ProgramServicesAmt |
| Management And General | $11,400 | ManagementAndGeneralAmt |
| Fundraising | $15,023 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,859 | TotalAmt |
| Management And General | $30,859 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $764,943 | TotalAmt |
| Program Services | $675,142 | ProgramServicesAmt |
| Management And General | $89,801 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,105 | TotalAmt |
| Management And General | $2,105 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,570 | TotalAmt |
| Management And General | $9,570 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,307 | TotalAmt |
| Program Services | $9,627 | ProgramServicesAmt |
| Management And General | $161 | ManagementAndGeneralAmt |
| Fundraising | $6,519 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,989 | TotalAmt |
| Management And General | $3,989 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EVENTS- EXTNERAL FACING | $124,960 | $124,960 | ||
| SUBSCRIPTIONS | $20,666 | $6,618 | $9,032 | $5,016 |
| BAD DEBT EXPENSE | $101,500 | $101,500 | ||
| EMPLOYEE EDUCATION | $12,454 | $310 | $7,995 | $4,149 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,057 | TotalAmt |
| Program Services | $36,275 | ProgramServicesAmt |
| Management And General | $3,590 | ManagementAndGeneralAmt |
| Fundraising | $192 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,933,687 | TotalAmt |
| Program Services | $2,224,835 | ProgramServicesAmt |
| Management And General | $434,901 | ManagementAndGeneralAmt |
| Fundraising | $273,951 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $476,560 | BOYAmt |
| EOY | $384,008 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,109,097 | BOYAmt |
| EOY | $12,666,953 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,000 | BOYAmt |
| EOY | $1,326,500 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $5,699 | EOYAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $819,691 | BOYAmt |
| EOY | $1,000,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,460,478 | BOYAmt |
| EOY | $15,383,160 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,989 | BOYAmt |
| EOY | $135,516 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $134,600 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $999,150 | BOYAmt |
| EOY | $525,084 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,055,139 | BOYAmt |
| EOY | $795,200 | 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 | $3,405,339 | BOYAmt |
| EOY | $11,450,787 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,137,173 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,405,339 | BOYAmt |
| EOY | $14,587,960 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,460,478 | BOYAmt |
| EOY | $15,383,160 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $10,545,194 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $637,427 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | 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 | $1,585,323 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,756,491 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,680,911 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,859,190 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,839,569 | CurrentTaxYearAmt |
| Total | $21,721,484 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,585,323 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,756,491 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,680,911 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,859,190 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,839,569 | CurrentTaxYearAmt |
| Total | $21,721,484 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,679,660 | SubstantialContributorsTotAmt |
| Public Support Total170 | $16,041,824 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,621 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $698 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,304 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,968 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $26,448 | CurrentTaxYearAmt |
| Total | $52,039 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $21,773,523 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $791,902 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.73680 | PublicSupportCY170Pct |
| Public Support PY170 | 0.52580 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM RELATED INVESTMENTS | Desc |
| Book Value | $1,000,000 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $1,000,000 | TotalBookValueProgramRltdAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $13,478,881 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $13,478,881 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $13,478,881 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,933,687 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $2,933,687 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,933,687 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Footnote for uncertain tax position under FIN 48 (Part X) | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF NEW YORK. IT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 50L(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE), AND QUALIFIES AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE. THE ORGANIZATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (30 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| THE LEADERSHIP SCHOOL | |||||||
| 4220 DUNCAN AVENUE | SAINT LOUIS | MO | 63110 | 833692466 | 501C3 | $51,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| B-360 BALTIMORE | |||||||
| PO BOX 67052 | BALTIMORE | MD | 21215 | 833440545 | 501C3 | $15,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| SCHOOL BOARD SCHOOL | |||||||
| 1110 MAIN STREET SUITE 100 | CINCINNATI | OH | 45202 | 844385705 | 501C3 | $44,300 | TO ASSIST IN STARTUP OF NONPROFIT |
| KISHSHANA & CO THE ROOTED COLLAB | |||||||
| 5 PENN PLAZA | NEW YORK | NY | 10001 | 820710502 | $15,000 | TO ASSIST IN STARTUP COSTS | |
| DIVERSE CHARTER SCHOOLS COALITION | |||||||
| 26 BROADWAY 8TH FLOOR | NEW YORK | NY | 10004 | 452849094 | 501C3 | $72,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| EIGHT MILLION STORIES INC | |||||||
| 3015 N MACGREGOR WAY | HOUSTON | TX | 77004 | 463716567 | 501C3 | $15,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| GENERATION SUCCESS | |||||||
| 9600 LAKE FOREST BLVD | NEW ORLEANS | LA | 701272619 | 821071284 | 501C3 | $20,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| WORDS LIIVE | |||||||
| 3400 PROSPECT STREET NW | WASHINGTON | DC | 20007 | 461909741 | $20,000 | TO ASSIST WITH STARTUP COSTS | |
| BRINGING EDUCATION & ART TOGETHER | |||||||
| 44-02 23RD STREET SUITE 301 | BROOKLYN | NY | 11222 | 274244192 | 501C3 | $17,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| IMMSCHOOLS | |||||||
| 10419 TOLLOW WAY | HELOTES | TX | 78023 | 823350805 | 501C3 | $13,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| LYCEUM SCHOOLS INC | |||||||
| 2109 N TURNULL DR | METAIRIE | LA | 70001 | 042871524 | 501C3 | $15,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| MARCY LAB INC | |||||||
| 4N215 POWIS ROAD | WEST CHICAGO | IL | 60185 | 833754699 | 501C3 | $41,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| MINDWORKS COLLABORATIVE INC | |||||||
| 6811 KENILWORTH AVE STE 500 | RIVERDALE | MD | 20737 | 824070861 | 501C3 | $61,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| MOVERS AND SHAKERS FOUNDATION | |||||||
| 4842 44TH ST APT 6F | WOODSIDE | NY | 11377 | 823658392 | 501C3 | $41,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| PILOT ED FOUNDATION | |||||||
| 2710 BETHEL AVENUE | INDIANAPOLIS | IN | 46203 | 822446338 | 501C3 | $15,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| PRAXIS PROJECT | |||||||
| 1900 FRUITVALE AVE STE 3D | OAKLAND | CA | 94601 | 300044814 | 501C3 | $41,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| RESILIENCE PARTNERS | |||||||
| 4455 SOUTH KING DRIVE STE 1B | CHICAGO | IL | 606533310 | 473136024 | 501C3 | $15,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| SOCIAL JUSTICE PUBLIC CHARTER SCHOO | |||||||
| 2202 15TH ST NE | WASHINGTON | DC | 20018 | 825082397 | 501C3 | $20,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| FOR OAK CLIFF | |||||||
| 4478 S MARSALIS AVE | DALLAS | TX | 752166738 | 813768369 | 501C3 | $41,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| VILLAGE OF WISDOM | |||||||
| 600 E UMSTEAD ST | DURHAM | NC | 277014348 | 472060936 | 501C3 | $15,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| WASHINGTON REGIONAL ASSOCIATION OF | |||||||
| 1100 NEW KERSEY AVE SE STE 710 | WASHINGTON | DC | 200033340 | 521756853 | 501C3 | $41,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| WEIRD ENOUGH COMPANY | |||||||
| 3639 TRINITY PL | LITHONIA | GA | 300384317 | 821118409 | 501C3 | $15,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| WISE YOUNG BUILDERS | |||||||
| 1341 H STREET NE 2ND FLOOR | WASHINGTON | DC | 20002 | 800318600 | 501C3 | $15,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| SOPHIE SCIENCE | |||||||
| 36-12 28TH AVENUE 4R | ASTORIA | NY | 11103 | 832576295 | $20,000 | TO ASSIST WITH STARTUP COSTS | |
| YOUTH EMPOWERMENT BROADCASTING ORGA | |||||||
| 3240 N JOSEPHINE STREET | DENVER | CO | 80205 | 844263866 | 501C3 | $15,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| ACE ACADEMY | |||||||
| 3120 RAINIER AVENUE SOUTH | SEATTLE | WA | 98144 | 812983424 | 501C3 | $10,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| EMPOWER COMMUNITY HIGH SCHOOL | |||||||
| 480 S CHAMBERS ROAD UNIT 7 | AURORA | CO | 80017 | 831283419 | 501C3 | $15,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| SOCIAL CIPHER | |||||||
| 7386 TYLER LANE | FONTANA | CA | 92336 | 851140752 | $20,000 | TO ASSIST WITH STARTUP COSTS | |
| TINY DOCS | |||||||
| 1130 N DEARBORN STREET | CHICAGO | IL | 60610 | 471831316 | $15,000 | TO ASSIST WITH STARTUP COSTS | |
| SK SUPPORT SERVICES LLC | |||||||
| 111 EAST LAS OLAS BLVD 1140 | FORT LAUDERDALE | FL | 33301 | 815420944 | $12,000 | TO ASSIST WITH START UP COSTS | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 24 | Total501c3OrgCnt |
| Total Other Org | 6 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Monitoring procedures (Part I, line 2) | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AARON WALKER | PersonNm |
| Title | CEO & FOUNDER | TitleTxt |
| Base Compensation Filing Org | $227,890 | BaseCompensationFilingOrgAmt |
| Nontaxable Benefits Filing Org | $20,152 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $248,042 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 |
| Explanation of other changes in net assets or fund balances Part XI line 9 | THE ORGANIZATIONS FINANCIAL STATEMENTS WERE AUDITED FOR THE FIRST TIME IN 2020. AS A RESULT, THE BEGINNING NET ASSETS WAS ADJUSTED BY $637,427. |
| List of other fees for services expenses Part IX line 11g | PROGRAM SERIVCECONSULTING SERVICES - ORGANIZATION - $19,938CONTRACTORS - COACHING - $242,568CONTRACTORS - OPERATIONS - $56,793CONTRACTORS - PROGRAMMING - $309,133MARKETING & CREATIVE - $46,710MANAGEMENT & GENERALCONSULTING SERVICES - ORGANIZATION - $46,701CONTRACTORS - PROGRAMMING - $200CONTRACTORS - OPERATIONS - $8,485MARKETING & CREATIVE - $34,415 |