2019-11-14T17:44:45-05:00 2018-12-31 821276091 Amy E Corcoran CPA LLC 1333 Soldiers Street New Orleans LA 70122 990 2018-01-01 463169470 CAMELBACK VENTURES CAME 643 MAGAZINE STREET NEW ORLEANS LA 70130 AARON WALKER EXECUTIVE DIREC 2153411601 2019-11-14 true Amy Corcoran P01078383 5049577474 2019-11-14 X 184.171.140.17 2019-11-15 18:00:32 7212842019319lt3hxca 2019-11-15 P E905596CD3E74DA21787DB8DA42D67FA6158B854 E905596CD3E74DA21787DB8DA42D67FA6158B854 2018 2020-04-17 16:48:07Z AARON WALKER 2688130 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. 4 3 5 25 0 0 1756491 2680911 15823 0 698 4304 2915 1773012 2688130 360000 362100 0 462997 440583 0 53012 537410 1322922 1360407 2125605 412605 562525 2072937 2605155 48006 11897 2024931 2593258 CAMELBACK VENTURES VISION IS TO CREATE LIVABLE COMMUNITIES, QUALITY EDUCATION, AND ECONOMIC OPPORTUNITY FOR EVERYONE IN ONE GENERATION. false false 1070150 362100 SINCE 2014, THE ORGANIZATION HAS FOCUSED ON ITS PHASE I PORTFOLIO: QUALITY EDUCATION, VIEWING EDUCATION AS AN INITIAL CATALYST FOR POSITIVE SOCIAL CHANGE. TO DO THIS, THE ORGANIZATION LEADS A 6-MONTH FELLOWSHIP PROGRAM THAT ACCELERATES THE VENTURE AND LEADERSHIP DEVELOPMENT OF HISTORICALLY UNTAPPED ENTREPRENEURS LEADING EDUCATION-RELATED VENTURES. THUS FAR, ITS HAS SUPPORTED 60 EDUCATION-RELATED ENTREPRENEURS 95% IDENTIFIED AS PEOPLE OF COLOR AND 63% AS WOMEN. COLLECTIVELY, THEY HAVE GONE ON TO RAISE $40 MILLION IN NEW FUNDING, WHILE BEING ACCEPTED INTO NOTABLE OPPORTUNITIES INCLUDING: 500 STARTUPS, BIG ACCELERATOR, ECHOING GREEN, DRAPER RICHARDS KAPLAN, AND FORBES 30 UNDER 30 (THE ORGANIZATIONS ALUMNI HOLD FOUR OF 2018S LIST), AMONG OTHERS. COLLECTIVELY, OUR COHORTS HAVE CREATED OVER 300 NEW JOBS AND IMPACTED OVER 100,000 STUDENTS AND FAMILIES. THEY HAVE BEEN ABLE TO DO THIS IN PART THROUGH THE SUPPORT OF THE ORGANIZATIONS FELLOWSHIP PROGRAM, WHICH MITIGATES STARTUP RISK THROUGH DEDICATED COACHING, CONNECTIONS, AND EARLY-STAGE CAPITAL, AS WELL AS FOCUSED WORK ON FIVE CORE COMPETENCIES. 415000 NATIONSWELL NEXT IS AN INITIATIVE THAT CHAMPIONS THE NEXT WAVE OF SOCIAL IMPACT LEADERS WHO DONT YET HAVE CONSISTENT ACCESS TO THE RESOURCES, ADVISORS, OR COLLABORATORS WHO CAN HELP TAKE THEIR IDEAS TO SCALE. PRIORITY IS EXTENDED TO FIRST-GENERATION COLLEGE GRADUATES, IMMIGRANTS, FRONT-LINE PROFESSIONALS AND COMMUNITY LEADERS.NATIONSWELL NEXT FUNDS ARE USED TO SUBSIDIZE 90% OF MEMBERSHIP FEES TO THE NATIONSWELL COUNCIL AND PROVIDING RESOURCES IN SUPPORT OF THEIR SOCIAL IMPACT EFFORTS. 147750 IN 2018, CAMELBACK VENTURE WORKED ON A RESEARCH PROJECT WITH BACKSTAGE STUDIO INC., A VENTURE CAPITALIST FIRM, FOCUSED ON INVESTING IN NEW COMPANIES LED BY UNDERREPRESENTED FOUNDERS. THE RESEARCH WAS CONDUCTED TO DETERMINE WHY FUNDERS INVEST AT A LOWER RATE IN COMPANIES WITH FOUNDERS OF COLOR. 109774 THE DEVELOPMENT AND ONGOING IMPROVEMENT OF THIS FOUNDATIONAL CURRICULUM HAS POISED CAMELBACK TO ADVANCE TO PHASE II PORTFOLIO: LIVABLE COMMUNITIES - NAMELY, THE GOOD JOBS INITIATIVE. CAMELBACK HAS BEEN CALLED TO ACTION FOR THIS BY UNACCEPTABLE STATISTICS SUCH AS CHILDHOOD POVERTY RETURNING TO PRE-KATRINA LEVELS, DESPITE THE WAVE OF EDUCATION INNOVATION. WHILE EDUCATION IS A CRITICAL INGREDIENT, MORE IS REQUIRED. THE GOOD JOBS INITIATIVE WILL SUPPORT LOCAL ENTREPRENEURS WITH TRANSFORMATIVE VENTURES THAT WILL CREATE EQUITABLE ECONOMIC OPPORTUNITY AND WEALTH CAPACITY. 109774 1742674 true true 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 true false true false false false false false false false false false false false false false false false false false false true 33 0 true 5 true false false false false false false false false false false false false false false X 4 3 false false false false false false false true true false false true true true true false true true true false LA X AARON WALKER 2153411601 643 MAGAZINE STREET NO 206 NEW ORLEANS LA 70130 AARON WALKER EXECUTIVE DIRECTOR 40.00 0.00 X X 168060 0 19401 SAMANTHA BERG BOARD MEMBER 1.00 0.00 X 0 0 0 LLOYD JOHNSON BOARD MEMBER 1.00 0.00 X 0 0 0 CHINTAN PANCHAL BOARD MEMBER 1.00 0.00 X 0 0 0 168060 0 19401 1 false true false MAGUNIA CONSULTING 603 RACE STREET NEW ORLEANS LA 70130 CONSULTING 106679 BACKSTAGE STUDIO INC 2236 S BARRINGTON AVENUE LOS ANGELES CA 90064 RESEARCH 147750 2 2680911 2680911 4304 4304 OTHER REVENUE 900099 2915 2915 2915 2688130 2915 0 4304 X 362100 362100 168060 122684 22688 22688 218032 217508 262 262 27662 23024 2319 2319 26829 24021 1404 1404 106679 106679 11474 11474 661519 491954 169465 100 11446 11446 1604 1604 5775 5775 36857 18882 -4495 22470 12455 10689 462 1304 144 144 MEALS 21998 19216 1695 1087 ACCOMADATIONS - FELLOWSHIPS 12467 12467 PROFESSIONAL DEVELOPMENT 7672 7672 DUES & SUBSCRIPTIONS 427416 427214 202 5416 3639 399 1378 2125605 1742674 329919 53012 1564886 1925248 750 534 360 216 507691 679691 2072937 2605155 48006 11897 48006 11897 X 2024931 2593258 2024931 2593258 2072937 2605155 X 562525 5802 X false false false X 681329 1064765 1585323 1756491 2680911 7768819 681329 1064765 1585323 1756491 2680911 7768819 4850554 2918265 151 883 1621 698 4304 7657 7776476 21238 0.37530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 750 534 216 216 PROGRAM RELATED INVESTMENTS 679691 C 679691 true BROTHERS EMPOWERED TO TEACH 2039 TOLEDANO STREET NEW ORLEANS LA 70115 464812536 501C3 20000 TO ASSIST IN STARTUP OF NONPROFIT EDUCATION FORWARD DC 1805 7TH STREET NW 6TH FLOOR WASHINGTON DC 200013186 811823628 501C3 40000 TO ASSIST IN STARTUP OF NONPROFIT VISION PERFOMING ARTS COMPANY 18963 E 58TH AVENUE DENVER CO 802498328 271296049 501C3 40000 TO ASSIST IN STARTUP OF NONPROFIT FAST FORWARD 1014 TORNEY AVENUE SAN FRANCISCO CA 94129 464626500 501C3 40000 TO ASSIST IN STARTUP OF NONPROFIT LYCEUM SCHOOLS 2109 N TURNBULL DRIVE METAIRIE LA 70001 815189779 501C3 40000 TO ASSIST IN STARTUP OF NONPROFIT CAPITAL VILLIAGE SCHOOLS 810 7TH STREET NE WASHINGTON DC 20002 815043878 501C3 20000 TO ASSIST IN STARTUP OF NONPROFIT IMM SCHOOLS 10419 TOLLOW WAY HELOTES TX 78023 823350805 501C3 40000 TO ASSIST IN STARTUP OF NONPROFIT CREATIVE REACTION LAB 3547 OLIVE STREET SUITE 301 SAINT LOUIS MO 63103 472876860 501C3 40000 TO ASSIST IN STARTUP OF NONPROFIT SMARTER IN THE CITY 184 DUDLEY STREET SUITE 200 ROXBURY MA 02119 471127201 501C3 20000 TO ASSIST IN STARTUP OF NONPROFIT CREATIVE VISIONS 18820 PACIFIC COAST HWY SUITE 201 MALIBU CA 90265 391902814 501C3 39500 TO ASSIST IN STARTUP OF NONPROFIT 10 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 NONPROFIT 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 EXECUTIVE DIRECTOR 168060 19401 187461 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 AN ADJUSTMENT OF $5,802 WAS MADE TO NET ASSETS TO PROPERLY TIE TO THE NET ASSETS ON THE TAX RETURN TO THE NET ASSETS ON THE ORGANIZATIONS FINANCIAL STATEMENTS. List of other fees for services expenses Part IX line 11g PROGRAM SERIVCECONSULTING SERVICES - FELLOWSHIP - $159,278CONSULTING SERVICES - SUMMIT I - $17,404CONSULTING SERVICES - SUMMIT II - $21,676CONSULTING SERVICES - SUMMIT III - $15,900CONSULTING SERVICES - GOOD JOBS - $109,774MARKETING & CONSULTING - COLLATERAL - $7,525MARKETING & CONSULTING - EVENTS - $3,925MARKETING & CONSULTING - MISCELLANEOUS - $4,511MARKETING & CONSULTING - SUBSCRIPTIONS - $1,838MARKETING & CONSULTING - CONSULTANTS - $2,372BACKSTAGE STUDIO PROJECT - $147,750MANAGEMENT & GENERALCONSULTING SERVICES - ORGANIZATION - $166,465MARKETING & CONSULTING - EVENTS - $1,000MARKETING & CONSULTING - CREATIVE - $2,000FUNDRAISINGMARKETING & CONSULTING - EVENTS $100