THOUSAND CURRENTS: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
THOUSAND CURRENTS (EIN 77-0071852)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-01
IRS object ID
201811219349301736
Schema version
2016v3.0
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

FieldValueIRS element (for citing)
Return2018-05-01T17:33:50-07:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Crosby & Kaneda CPAs LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11970 Broadway STE 930AddressLine1Txt
CityOaklandCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94612ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770071852EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Thousand CurrentsBusinessNameLine1Txt
Business Name Line2dba International Development ExchangeBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlTHOUBusinessNameControlTxt
Phone4158248384PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12120 University AvenueAddressLine1Txt
CityBerkeleyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94704ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRajasvini BhansaliPersonNm
Person TitleExecutive Dir.PersonTitleTxt
Signature2018-05-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAdele KanedaPreparerPersonNm
PTINP01664922PTIN
Phone5108352727PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRajasvini BhansaliPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12120 Univeristy Ave Ste 405AddressLine1Txt
CityBerkeleyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94704ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,193,988GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
All Affiliates IncludedfalseAllAffiliatesIncludedInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.thousandcurrents.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1988FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionWe fund, connect, and walk alongside grassroots groups transforming their communities.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee15TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$6,487,521PYContributionsGrantsAmt
CY Contributions Grants$4,056,635CYContributionsGrantsAmt
PY Program Service Revenue$87,285PYProgramServiceRevenueAmt
CY Program Service Revenue$69,094CYProgramServiceRevenueAmt
PY Investment Income$6,436PYInvestmentIncomeAmt
CY Investment Income$62,250CYInvestmentIncomeAmt
PY Other Revenue$51PYOtherRevenueAmt
CY Other Revenue$6,009CYOtherRevenueAmt
PY Total Revenue$6,581,293PYTotalRevenueAmt
CY Total Revenue$4,193,988CYTotalRevenueAmt
PY Grants And Similar Paid$605,084PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$990,944CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$920,236PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,868,130CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$649,049CYTotalFundraisingExpenseAmt
PY Other Expenses$834,376PYOtherExpensesAmt
CY Other Expenses$1,809,949CYOtherExpensesAmt
PY Total Expenses$2,359,696PYTotalExpensesAmt
CY Total Expenses$4,669,023CYTotalExpensesAmt
PY Revenues Less Expenses$4,221,597PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$475,035CYRevenuesLessExpensesAmt
Total Assets BOY$4,844,235TotalAssetsBOYAmt
Total Assets EOY$4,613,245TotalAssetsEOYAmt
Total Liabilities BOY$105,437TotalLiabilitiesBOYAmt
Total Liabilities EOY$276,463TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,738,798NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,336,782NetAssetsOrFundBalancesEOYAmt
MissionThrough our grantmaking program, Thousand Currents partners with organizations and movements led by women, youth, and Indigenous Peoples in the Global South that are creating lasting solutions to our shared global challenges.Our partners develop solutions that are innovative and impactful. They work to ensure their communities have access to healthy and locally grown food, are able to enjoy economic prosperity that generates wellbeing for all people, and live in a safe and healthy environment that supports abundant life.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$3,599,987ExpenseAmt
Grant$990,944GrantAmt
Revenue$69,094RevenueAmt
DescOver the past 30+ years of grantmaking, Thousand Currents has invested in over 750 community-led initiatives in 37 countries. Today, we are exchanging grassroots brilliance for lasting and transformative change, working with over 2 million women, small farmers, Indigenous Peoples, urban and peri-urban residents, and youth. Through our grantmaking program, we partner with grassroots organizations and movements led by women, youth, and Indigenous Peoples in the Global South that are creating lasting solutions to our shared global challenges. We select partners that work on the interdependent issues of food sovereignty, alternative economies, and climate justice. Through our Philanthropic Partnerships program, we work with donors to adopt transformative practices that can dismantle injustice and inequity. We are a vocal and visible advocate for grassroots-led social change, bridging emerging approaches and learnings from the Global South with philanthropic models and practices in the Global North.Desc
Total Program Service Expenses$3,599,987TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document46IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee15EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Org Filed In Lieu Of Form1041falseOrgFiledInLieuOfForm1041Ind
Licensed More Than One StatefalseLicensedMoreThanOneStateInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJenesha Jinky de RiveraPersonNm
Phone4158248384PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12120 University AvenueAddressLine1Txt
CityBerkeleyCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94704ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Gerald Richards
Board Chair2.000.00Yes (X)Yes (X)$0$0$0
Fahad Ahmad
Treasurer2.000.00Yes (X)Yes (X)$0$0$0
Julian Rhoads
Secretary2.000.00Yes (X)Yes (X)$0$0$0
Nwamaka Agbo
Board Member2.000.00Yes (X)$0$0$0
Gregory Hodge
Board Member2.000.00Yes (X)$0$0$0
Ada Williams Prince
Board Member2.000.00Yes (X)$0$0$0
Sasha Rabsey
Board Member2.000.00Yes (X)$0$0$0
Susan Rosenberg
Board Member2.000.00Yes (X)$0$0$0
Topher Wilkins
Board Member2.000.00Yes (X)$0$0$0
Rajasvini Bhansali
Executive Dir.40.000.00Yes (X)$120,000$0$6,081
FieldValueIRS element (for citing)
Total Reportable Comp From Org$120,000TotalReportableCompFromOrgAmt
Total Other Compensation$6,081TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$4,056,635AllOtherContributionsAmt
Noncash Contributions$18,103NoncashContributionsAmt
Total Contributions$4,056,635TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Academy900099$65,582$65,582
Consulting900099$3,512$3,512
FieldValueIRS element (for citing)
Total Program Service Revenue$69,094TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$62,250TotalRevenueColumnAmt
Exclusion$62,250ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMiscellaneousDesc
Business900099BusinessCd
Total Revenue Column$6,009TotalRevenueColumnAmt
Exclusion$6,009ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$6,009OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,193,988TotalRevenueColumnAmt
Related Or Exempt Func Income$69,094RelatedOrExemptFuncIncomeAmt
Exclusion$68,259ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$164,080TotalAmt
Program Services$164,080ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$31,105TotalAmt
Program Services$31,105ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$795,759TotalAmt
Program Services$795,759ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$125,248TotalAmt
Program Services$75,149ProgramServicesAmt
Management And General$12,525ManagementAndGeneralAmt
Fundraising$37,574FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,368,087TotalAmt
Program Services$1,087,456ProgramServicesAmt
Management And General$84,261ManagementAndGeneralAmt
Fundraising$196,370FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$241,701TotalAmt
Program Services$172,652ProgramServicesAmt
Management And General$27,388ManagementAndGeneralAmt
Fundraising$41,661FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$133,094TotalAmt
Program Services$97,673ProgramServicesAmt
Management And General$13,025ManagementAndGeneralAmt
Fundraising$22,396FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$59,120TotalAmt
Program Services$35,226ProgramServicesAmt
Management And General$23,894ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$69,513TotalAmt
Management And General$69,513ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$16,932TotalAmt
Management And General$16,932ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$649,616TotalAmt
Program Services$534,534ProgramServicesAmt
Management And General$6,627ManagementAndGeneralAmt
Fundraising$108,455FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$192,631TotalAmt
Program Services$56,953ProgramServicesAmt
Management And General$91,316ManagementAndGeneralAmt
Fundraising$44,362FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,859TotalAmt
Program Services$1,886ProgramServicesAmt
Management And General$203ManagementAndGeneralAmt
Fundraising$2,770FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$54,806TotalAmt
Program Services$29,406ProgramServicesAmt
Management And General$9,400ManagementAndGeneralAmt
Fundraising$16,000FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$585,223TotalAmt
Program Services$486,339ProgramServicesAmt
Management And General$23,507ManagementAndGeneralAmt
Fundraising$75,377FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$94,518TotalAmt
Program Services$13,409ProgramServicesAmt
Management And General$6,341ManagementAndGeneralAmt
Fundraising$74,768FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,628TotalAmt
Program Services$1,085ProgramServicesAmt
Management And General$742ManagementAndGeneralAmt
Fundraising$801FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,331TotalAmt
Management And General$1,331ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Dues, license & service fees$34,573$11,362$13,687$9,524
Uncollectible accounts$17,650$17,000$650
Miscellaneous$15,956$440$393$15,123
Relocation$10,593$5,473$1,902$3,218

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,669,023TotalAmt
Program Services$3,599,987ProgramServicesAmt
Management And General$419,987ManagementAndGeneralAmt
Fundraising$649,049FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,289,630BOYAmt
EOY$2,076,048EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$8,255EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,911,459BOYAmt
EOY$610,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$38,436BOYAmt
EOY$24,549EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$8,300EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$19,201BOYAmt
EOY$29,116EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$11,606LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$8,025LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,209BOYAmt
EOY$3,581EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,564,981BOYAmt
EOY$1,853,396EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$14,319BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,844,235BOYAmt
EOY$4,613,245EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$21,366BOYAmt
EOY$178,963EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$10,000BOYAmt
EOY$97,500EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$74,071BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$105,437BOYAmt
EOY$276,463EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,858,195BOYAmt
EOY$1,151,754EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,880,603BOYAmt
EOY$3,185,028EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,738,798BOYAmt
EOY$4,336,782EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,844,235BOYAmt
EOY$4,613,245EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$475,035ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$73,019NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$609,719CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,007,857CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,965,968CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,487,521CurrentTaxYearMinus1YearAmt
Current Tax Year$4,056,635CurrentTaxYearAmt
Total$14,127,700TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$609,719CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,007,857CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,965,968CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,487,521CurrentTaxYearMinus1YearAmt
Current Tax Year$4,056,635CurrentTaxYearAmt
Total$14,127,700TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,119,637SubstantialContributorsTotAmt
Public Support Total170$10,008,063PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$3,035CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,436CurrentTaxYearMinus1YearAmt
Current Tax Year$62,250CurrentTaxYearAmt
Total$71,726TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,098CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years-$3,942CurrentTaxYearMinus3YearsAmt
Current Tax Year$6,009CurrentTaxYearAmt
Total$4,165TotalAmt
FieldValueIRS element (for citing)
Total Support$14,203,591TotalSupportAmt
Gross Receipts Rltd Activities$313,871GrossReceiptsRltdActivitiesAmt
Public Support CY1700.70460PublicSupportCY170Pct
Public Support PY1700.61640PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,606OtherCostOrOtherBasisAmt
Depreciation$8,025DepreciationAmt
Book Value$3,581BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,581TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,267,007TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$73,019NetUnrealizedGainsInvstAmt
Revenue Not Reported$73,019RevenueNotReportedAmt
Revenue Subtotal$4,193,988RevenueSubtotalAmt
Total Revenue Per Form990$4,193,988TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,669,023TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$4,669,023ExpensesSubtotalAmt
Total Expenses Per Form990$4,669,023TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X : FIN48 FootnoteFormAndLineReferenceDesc
ExplanationThe Organization has evaluated its current tax positions as of June 30, 2017 and is not aware of any significant uncertain tax positions for which a reserve would be necessary.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
South America00Grant making$389,005
South Asia00Grant making$149,000
Sub-Saharan Africa00Grant making$257,754
FieldValueIRS element (for citing)
Subtotal Spent$795,759SubtotalSpentAmt
Total Spent$795,759TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (36 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
South AmericaProgram Support$10,000Wire
South AmericaProgram Support$10,000Wire
South AmericaProgram Support$10,000Wire
South AmericaProgram Support$10,000Wire
South AmericaProgram Support$11,024Wire
South AmericaProgram Support$123,500Wire
South AmericaProgram Support$12,500Wire
South AmericaProgram Support$15,000Wire
South AmericaProgram Support$15,000Wire
South AmericaProgram Support$15,000Wire
South AmericaProgram Support$16,631Wire
South AmericaProgram Support$20,000Wire
South AmericaProgram Support$20,000Wire
South AmericaProgram Support$22,000Wire
South AmericaProgram Support$22,500Wire
South AmericaProgram Support$24,000Wire
South AmericaProgram Support$32,500Wire
South AmericaProgram Support$9,350Wire
South AsiaProgram Support$10,000Wire
South AsiaProgram Support$10,000Wire
South AsiaProgram Support$20,000Wire
South AsiaProgram Support$40,000Wire
South AsiaProgram Support$50,000Wire
Sub-Saharan AFProgram Support$10,000Wire
Sub-Saharan AFProgram Support$12,000Wire
Sub-Saharan AFProgram Support$15,000Wire
Sub-Saharan AFProgram Support$16,754Wire
Sub-Saharan AFProgram Support$20,000Wire
Sub-Saharan AFProgram Support$22,500Wire
Sub-Saharan AFProgram Support$22,500Wire
Sub-Saharan AFProgram Support$50,000Wire
Sub-Saharan AFProgram Support$7,000Wire
Sub-Saharan AFProgram Support$7,000Wire
Sub-Saharan AFProgram Support$7,000Wire
Sub-Saharan AFProgram Support$8,000Wire
Sub-Saharan AFProgram Support$8,000Wire
FieldValueIRS element (for citing)
Total Other Org36TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceCashTypeOfAssistanceTxt
RegionSub-Saharan AfricaRegionTxt
Recipient1RecipientCnt
Cash Grant$40,000CashGrantAmt
Manner Of Cash DisbursementWireMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside USFormAndLineReferenceDesc
ExplanationGrants are approved by the Board of Directors. Grant agreements are signed by the Executive Director. Reports submitted by the grantees are reviewed for proper exempt purposes.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Recipient Table RecipientTable (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
Black Lives Matter
19197 Golden Valley Rd 313Canyon CountryCA91387474143254501(c)(3)$28,130$0Program Support
Coleman Advocates
459 Vienna StSan FranciscoCA94112942258612501(c)(3)$6,330$0Program Support
Global Greengrants
2840 Wilderness Pl Suite ABoulderCO80301841612422501(c)(3)$25,000$0Program Support
Jewish Community Action
2375 University Ave W Ste 150St PaulMN55114411830619501(c)(3)$5,520$0Program Support
Rocky Mountain Peace &Justice
3970 Broadway B-5BoulderCO80304742302470501(c)(3)$5,100$0Program Support
Urgent Action Fund
660 13th St Ste 200OaklandCA94612030419743501(c)(3)$25,000$0Program Support
FieldValueIRS element (for citing)
Total501c3 Org6Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeBLM Fiscal SponseeGrantTypeTxt
Recipient7RecipientCnt
Cash Grant$31,105CashGrantAmt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonR BhansaliPersonNm
Relationship With OrgExec DirRelationshipWithOrgTxt
Loan PurposeSalry AdvLoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$8,300OriginalPrincipalAmt
Balance Due$8,300BalanceDueAmt
DefaultfalseDefaultInd
Board Or Committee ApprovalfalseBoardOrCommitteeApprovalInd
Written AgreementfalseWrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$8,300TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 4: Description of Significant Changes to Organizational DocumentsThe organization changed its name from International Development Exchange to Thousand Currents during fiscal year ended June 30, 2017. All required documentation has already been submitted to the respective government agencies.
Form 990, Part VI, Line 11b: Form 990 Review ProcessThe audit and finance committee of the Board review the documents first. They recommend for full Board approval and year-end Board meeting. Board approves.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsAn annual review of activities is conducted to ensure there are no conflicts of interest.
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top ManagementThe board reviewed the ED.
Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableThe organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.

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