2021-12-20T13:21:12-05:00 2020-12-31 821276091 Corcoran & Bernard CPAs LLC 132 N Telemachus Street New Orleans LA 70119 990 2020-01-01 463169470 CAMELBACK VENTURES CAME 612 ANDREW HIGGINS BLVD THIRD FLOOR NEW ORLEANS LA 70130 AARON WALKER OFFICER 2153411601 2021-12-16 true AARON WALKER Amy Corcoran P01078383 5043721504 2021-12-20 X 0 00 AAL1 IAL1 2020 2022-09-23 18:48:47Z AARON WALKER 13479631 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. 7 6 9 6 0 0 2859190 12839569 50300 591114 18968 25698 22500 2928458 13478881 460000 774810 0 833015 1031467 0 273951 823362 1127410 2116377 2933687 812081 10545194 4460478 15383160 1055139 795200 3405339 14587960 CAMELBACK VENTURES VISION IS TO CREATE LIVABLE COMMUNITIES, QUALITY EDUCATION, AND ECONOMIC OPPORTUNITY FOR EVERYONE IN ONE GENERATION. false false 838097 390160 921000 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). 691760 367650 584734 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. 351244 565400 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). 261087 999150 THE VENTURE STUDIO SUPPORTS HIGH-IMPACT ALUMNI FROM OUR FELLOWSHIP PROGRAM WITH ADDITIONAL INVESTMENT, COACHING AND OTHER CAPACITY BUILDING OPPORTUNITIES. 77647 12000 15000 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. 5000 5000 13480 CAMELBACK VENTURES FROM TIME TO TIME ACTS AS A FISCAL SPONSOR FOR MISSION ALIGNED ORGANIZATIONS AND PROJECTS. 343734 17000 1027630 2224835 true true false false false false false false false false false false true false false true true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false false true 53 0 true 9 true false false false false false false false false false false false false false false X 7 6 false false false false false false false true true false false true true true true false true true true false X AARON WALKER 2153411601 612 ANDREW HIGGINS BLVD THIRD FLOOR NEW ORLEANS LA 70130 AARON WALKER CEO & FOUNDER 40.00 0.00 X X 227890 0 20152 NICOLE CARDOZA BOARD MEMBER 1.00 0.00 X 0 0 0 WENDY BRONFIN BOARD MEMBER 1.00 0.00 X 0 0 0 TOM MCLEOD BOARD MEMBER 1.00 0.00 X 0 0 0 LLOYD JOHNSON BOARD MEMBER 1.00 0.00 X 0 0 0 CHINTAN PANCHAL PRESIDENT 1.00 0.00 X X 0 0 0 RAJ THAKKAR TREASURER 1.00 0.00 X X 0 0 0 227890 0 20152 1 false true false 12839569 12839569 FEE FOR SERVICE 541610 591114 591114 591114 26448 26448 750 -750 -750 -750 MISCELLANEOUS REVENUE 900099 22500 22500 22500 13478881 613614 0 25698 X 774810 774810 227890 91156 22789 113945 681884 434302 131459 116123 56425 32790 10651 12984 65268 38845 11400 15023 30859 30859 764943 675142 89801 2105 2105 9570 9570 16307 9627 161 6519 3989 3989 EVENTS- EXTNERAL FACING 124960 124960 SUBSCRIPTIONS 20666 6618 9032 5016 BAD DEBT EXPENSE 101500 101500 EMPLOYEE EDUCATION 12454 310 7995 4149 40057 36275 3590 192 2933687 2224835 434901 273951 476560 384008 3109097 12666953 55000 1326500 5699 130 819691 1000000 4460478 15383160 55989 135516 134600 999150 525084 1055139 795200 X 3405339 11450787 3137173 3405339 14587960 4460478 15383160 X 10545194 637427 X false true X true false X 1585323 1756491 2680911 2859190 12839569 21721484 1585323 1756491 2680911 2859190 12839569 21721484 5679660 16041824 1621 698 4304 18968 26448 52039 21773523 791902 0.73680 0.52580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED PROGRAM RELATED INVESTMENTS 1000000 C 1000000 X 13478881 13478881 13478881 2933687 2933687 2933687 Footnote for uncertain tax position under FIN 48 (Part X) 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. true THE LEADERSHIP SCHOOL 4220 DUNCAN AVENUE SAINT LOUIS MO 63110 833692466 501C3 51000 TO ASSIST IN STARTUP OF NONPROFIT B-360 BALTIMORE PO BOX 67052 BALTIMORE MD 21215 833440545 501C3 15000 TO ASSIST IN STARTUP OF NONPROFIT SCHOOL BOARD SCHOOL 1110 MAIN STREET SUITE 100 CINCINNATI OH 45202 844385705 501C3 44300 TO ASSIST IN STARTUP OF NONPROFIT KISHSHANA & CO THE ROOTED COLLAB 5 PENN PLAZA NEW YORK NY 10001 820710502 15000 TO ASSIST IN STARTUP COSTS DIVERSE CHARTER SCHOOLS COALITION 26 BROADWAY 8TH FLOOR NEW YORK NY 10004 452849094 501C3 72000 TO ASSIST IN STARTUP OF NONPROFIT EIGHT MILLION STORIES INC 3015 N MACGREGOR WAY HOUSTON TX 77004 463716567 501C3 15000 TO ASSIST IN STARTUP OF NONPROFIT GENERATION SUCCESS 9600 LAKE FOREST BLVD NEW ORLEANS LA 701272619 821071284 501C3 20000 TO ASSIST IN STARTUP OF NONPROFIT WORDS LIIVE 3400 PROSPECT STREET NW WASHINGTON DC 20007 461909741 20000 TO ASSIST WITH STARTUP COSTS BRINGING EDUCATION & ART TOGETHER 44-02 23RD STREET SUITE 301 BROOKLYN NY 11222 274244192 501C3 17000 TO ASSIST IN STARTUP OF NONPROFIT IMMSCHOOLS 10419 TOLLOW WAY HELOTES TX 78023 823350805 501C3 13000 TO ASSIST IN STARTUP OF NONPROFIT LYCEUM SCHOOLS INC 2109 N TURNULL DR METAIRIE LA 70001 042871524 501C3 15000 TO ASSIST IN STARTUP OF NONPROFIT MARCY LAB INC 4N215 POWIS ROAD WEST CHICAGO IL 60185 833754699 501C3 41000 TO ASSIST IN STARTUP OF NONPROFIT MINDWORKS COLLABORATIVE INC 6811 KENILWORTH AVE STE 500 RIVERDALE MD 20737 824070861 501C3 61000 TO ASSIST IN STARTUP OF NONPROFIT MOVERS AND SHAKERS FOUNDATION 4842 44TH ST APT 6F WOODSIDE NY 11377 823658392 501C3 41000 TO ASSIST IN STARTUP OF NONPROFIT PILOT ED FOUNDATION 2710 BETHEL AVENUE INDIANAPOLIS IN 46203 822446338 501C3 15000 TO ASSIST IN STARTUP OF NONPROFIT PRAXIS PROJECT 1900 FRUITVALE AVE STE 3D OAKLAND CA 94601 300044814 501C3 41000 TO ASSIST IN STARTUP OF NONPROFIT RESILIENCE PARTNERS 4455 SOUTH KING DRIVE STE 1B CHICAGO IL 606533310 473136024 501C3 15000 TO ASSIST IN STARTUP OF NONPROFIT SOCIAL JUSTICE PUBLIC CHARTER SCHOO 2202 15TH ST NE WASHINGTON DC 20018 825082397 501C3 20000 TO ASSIST IN STARTUP OF NONPROFIT FOR OAK CLIFF 4478 S MARSALIS AVE DALLAS TX 752166738 813768369 501C3 41000 TO ASSIST IN STARTUP OF NONPROFIT VILLAGE OF WISDOM 600 E UMSTEAD ST DURHAM NC 277014348 472060936 501C3 15000 TO ASSIST IN STARTUP OF NONPROFIT WASHINGTON REGIONAL ASSOCIATION OF 1100 NEW KERSEY AVE SE STE 710 WASHINGTON DC 200033340 521756853 501C3 41000 TO ASSIST IN STARTUP OF NONPROFIT WEIRD ENOUGH COMPANY 3639 TRINITY PL LITHONIA GA 300384317 821118409 501C3 15000 TO ASSIST IN STARTUP OF NONPROFIT WISE YOUNG BUILDERS 1341 H STREET NE 2ND FLOOR WASHINGTON DC 20002 800318600 501C3 15000 TO ASSIST IN STARTUP OF NONPROFIT SOPHIE SCIENCE 36-12 28TH AVENUE 4R ASTORIA NY 11103 832576295 20000 TO ASSIST WITH STARTUP COSTS YOUTH EMPOWERMENT BROADCASTING ORGA 3240 N JOSEPHINE STREET DENVER CO 80205 844263866 501C3 15000 TO ASSIST IN STARTUP OF NONPROFIT ACE ACADEMY 3120 RAINIER AVENUE SOUTH SEATTLE WA 98144 812983424 501C3 10000 TO ASSIST IN STARTUP OF NONPROFIT EMPOWER COMMUNITY HIGH SCHOOL 480 S CHAMBERS ROAD UNIT 7 AURORA CO 80017 831283419 501C3 15000 TO ASSIST IN STARTUP OF NONPROFIT SOCIAL CIPHER 7386 TYLER LANE FONTANA CA 92336 851140752 20000 TO ASSIST WITH STARTUP COSTS TINY DOCS 1130 N DEARBORN STREET CHICAGO IL 60610 471831316 15000 TO ASSIST WITH STARTUP COSTS SK SUPPORT SERVICES LLC 111 EAST LAS OLAS BLVD 1140 FORT LAUDERDALE FL 33301 815420944 12000 TO ASSIST WITH START UP COSTS 24 6 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 227890 20152 248042 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