CAMELBACK VENTURES INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- CAMELBACK VENTURES INC (EIN 46-3169470)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-10-01
- IRS object ID
- 201842959349300894
- Schema version
- 2017v2.2
- 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 | 2018-10-01T16:51:02-04:00 | ReturnTs |
| Tax Period End | 2017-12-31 | 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 | Amy E Corcoran CPA LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1333 Soldiers Street | AddressLine1Txt |
| City | New Orleans | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70122 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | 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 | 643 MAGAZINE STREET | 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 | EXECUTIVE DIREC | PersonTitleTxt |
| Phone | 2153411601 | PhoneNum |
| Signature | 2018-10-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Amy Corcoran | PreparerPersonNm |
| PTIN | P01078383 | PTIN |
| Phone | 5049577474 | PhoneNum |
| Preparation | 2018-10-01 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 98.163.218.91 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-10-22 | IPDt |
| IP Tm | 17:36:41 | IPTm |
| Federal Original Submission Id | 7212842018295p3pjlf2 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2018-10-22 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 64054BF2F6E565AC25FDE5E03028E184A9A05E7C | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 64054BF2F6E565AC25FDE5E03028E184A9A05E7C | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | AARON WALKER | PrincipalOfficerNm |
| Gross Receipts | $1,773,012 | 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 | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,585,323 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,756,491 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $15,823 | CYProgramServiceRevenueAmt |
| PY Investment Income | $821 | PYInvestmentIncomeAmt |
| CY Investment Income | $698 | CYInvestmentIncomeAmt |
| PY Other Revenue | $800 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,586,944 | PYTotalRevenueAmt |
| CY Total Revenue | $1,773,012 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $125,108 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $360,000 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $387,301 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $462,997 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $40,013 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $343,522 | PYOtherExpensesAmt |
| CY Other Expenses | $537,410 | CYOtherExpensesAmt |
| PY Total Expenses | $855,931 | PYTotalExpensesAmt |
| CY Total Expenses | $1,360,407 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $731,013 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $412,605 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,624,999 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,072,937 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,603 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $48,006 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,622,396 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,024,931 | 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 | $1,185,210 | ExpenseAmt |
| Grant | $360,000 | GrantAmt |
| Desc | 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 36 EDUCATION-RELATED ENTREPRENEURS 92% IDENTIFIED AS PEOPLE OF COLOR AND 63% AS WOMEN. COLLECTIVELY, THEY HAVE GONE ON TO RAISE $14 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. THE 2016 COHORT HAS COLLECTIVELY MORE THAN DOUBLED THEIR PERMANENT EMPLOYEES AND EXPECTED REVENUE. 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $34,789 | ExpenseAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $217 | ExpenseAmt |
| Revenue | $15,823 | RevenueAmt |
| Desc | FINALLY, CAMELBACK RECOGNIZES THAT GENIUS IS EQUALLY DISTRIBUTED, BUT ACCESS IS NOT. ECOSYSTEM SEEKS TO ENSURE THAT UNTAPPED COMMUNITIES -- ESPECIALLY COMMUNITIES OF COLOR -- DO NOT JUST CONSUME THE FUTURE, BUT THAT CAMELBACK INVESTS IN THE UNTAPPED ENTREPRENEURS WHO ARE CREATING IT. TO CREATE THIS VISION, ECOSYSTEM IS A PROJECT POWERED BY CAMELBACK VENTURES TO BUILD THE COMMUNITY OF PEOPLE THAT CAN BRING TOGETHER THEIR TIME, TALENT AND TREASURE TO INVEST IN EACH OTHER. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,220,216 | 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 |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | 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 | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | 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 With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| 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 |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 19 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 7 | 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | 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 |
| States Where Copy Of Return Is Fld | LA | StatesWhereCopyOfReturnIsFldCd |
| 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 | 643 MAGAZINE STREET NO 206 | AddressLine1Txt |
| City | NEW ORLEANS | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70130 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (4 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 | |||||||
| EXECUTIVE DIRECTOR | 40.00 | 0.00 | Yes (X) | Yes (X) | $138,188 | $0 | $16,994 |
| SAMANTHA BERG | |||||||
| 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 | |||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $138,188 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $16,994 | 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 | $1,756,491 | AllOtherContributionsAmt |
| Total Contributions | $1,756,491 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ECOSYSTEM EDUCATION EVE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $15,823 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,823 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $15,823 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $698 | TotalRevenueColumnAmt |
| Exclusion | $698 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,773,012 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,823 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $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 | $360,000 | TotalAmt |
| Program Services | $360,000 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $402,859 | TotalAmt |
| Program Services | $365,059 | ProgramServicesAmt |
| Management And General | $18,900 | ManagementAndGeneralAmt |
| Fundraising | $18,900 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,281 | TotalAmt |
| Program Services | $30,595 | ProgramServicesAmt |
| Management And General | -$157 | ManagementAndGeneralAmt |
| Fundraising | -$157 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,857 | TotalAmt |
| Program Services | $27,187 | ProgramServicesAmt |
| Management And General | $1,335 | ManagementAndGeneralAmt |
| Fundraising | $1,335 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,832 | TotalAmt |
| Management And General | $9,832 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $314,935 | TotalAmt |
| Program Services | $263,420 | ProgramServicesAmt |
| Management And General | $44,270 | ManagementAndGeneralAmt |
| Fundraising | $7,245 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,012 | TotalAmt |
| Program Services | $11 | ProgramServicesAmt |
| Management And General | $1,001 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,905 | TotalAmt |
| Program Services | $1,905 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,257 | TotalAmt |
| Program Services | $98,857 | ProgramServicesAmt |
| Management And General | $8,400 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,946 | TotalAmt |
| Program Services | $26,230 | ProgramServicesAmt |
| Management And General | $4,186 | ManagementAndGeneralAmt |
| Fundraising | $10,530 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,918 | TotalAmt |
| Program Services | $14 | ProgramServicesAmt |
| Management And General | $506 | ManagementAndGeneralAmt |
| Fundraising | $1,398 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160 | TotalAmt |
| Management And General | $160 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $240 | TotalAmt |
| Management And General | $240 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MEALS | $14,073 | $12,595 | $997 | $481 |
| ACCOMADATIONS - FELLOWSHIPS | $19,592 | $19,592 | ||
| PROFESSIONAL DEVELOPMENT | $10,301 | $8,817 | $1,484 | |
| DUES & SUBSCRIPTIONS | $9,369 | $1,419 | $7,950 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,870 | TotalAmt |
| Program Services | $4,515 | ProgramServicesAmt |
| Management And General | $1,074 | ManagementAndGeneralAmt |
| Fundraising | $281 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,360,407 | TotalAmt |
| Program Services | $1,220,216 | ProgramServicesAmt |
| Management And General | $100,178 | ManagementAndGeneralAmt |
| Fundraising | $40,013 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,217,641 | BOYAmt |
| EOY | $1,564,886 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,067 | BOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $750 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $390 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $600 | BOYAmt |
| EOY | $360 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $396,691 | BOYAmt |
| EOY | $507,691 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,624,999 | BOYAmt |
| EOY | $2,072,937 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,603 | BOYAmt |
| EOY | $48,006 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,603 | BOYAmt |
| EOY | $48,006 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,622,396 | BOYAmt |
| EOY | $2,024,931 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,622,396 | BOYAmt |
| EOY | $2,024,931 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,624,999 | BOYAmt |
| EOY | $2,072,937 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $412,605 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$10,070 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| 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 | $19,567 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $681,329 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,064,765 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,585,323 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,756,491 | CurrentTaxYearAmt |
| Total | $5,107,475 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,567 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $681,329 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,064,765 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,585,323 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,756,491 | CurrentTaxYearAmt |
| Total | $5,107,475 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,341,678 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,765,797 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $151 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $883 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,621 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $698 | CurrentTaxYearAmt |
| Total | $3,353 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $5,110,828 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $18,323 | GrossReceiptsRltdActivitiesAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $750 | OtherCostOrOtherBasisAmt |
| Depreciation | $390 | DepreciationAmt |
| Book Value | $360 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $360 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM RELATED INVESTMENTS | Desc |
| Book Value | $507,691 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $507,691 | TotalBookValueProgramRltdAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| MINDRIGHT | |||||||
| 3400 PROSPECT STREET NW | WASHINGTON | DC | 20007 | 813042564 | 501C3 | $40,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| BRIDGING EDUCATION & ART TOGETHER | |||||||
| 4402 23RED STREET SUITE 301 | LONG ISLAND CITY | NY | 11101 | 274244192 | 501C3 | $40,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| CRETE ACADEMY | |||||||
| 5125 CRENSHAW BLVD | LOS ANGELES | CA | 90043 | 813735306 | 501C3 | $40,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| TRAINING GROUNDS INC | |||||||
| 3526 STANTON ROAD SE | WASHINGTON | DC | 20020 | 421652107 | 501C3 | $40,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| HOW OUR LIVES LINK ALTOGETHER | |||||||
| 510 GATES AVENUE | BROOKLYN | NY | 11216 | 461020254 | 501C3 | $40,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| SIDE PROJECT | |||||||
| 980 NORTH FEDERAL HIGHWAY SUITE 11 | BOCA RATON | FL | 33432 | 460769403 | 501C3 | $40,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| WEIRD ENOUGH COMPANY | |||||||
| 3639 TRINITY PLACE | LITHONIA | GA | 30038 | 821118409 | 501C3 | $40,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| THE FELLOWSHIP BMEC INC | |||||||
| 2218 GEORGES LANE | PHILADELPHIA | PA | 19131 | 810871452 | 501C3 | $40,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| HACKSCHOOL | |||||||
| 1360 WILLIAMS STREET UNIT 307 | DENVER | CO | 80218 | 475606568 | 501C3 | $40,000 | TO ASSIST IN STARTUP OF NONPROFIT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 9 | Total501c3OrgCnt |
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 NONPROFIT 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 | EXECUTIVE DIRECTOR | TitleTxt |
| Base Compensation Filing Org | $138,188 | BaseCompensationFilingOrgAmt |
| Nontaxable Benefits Filing Org | $16,994 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $155,182 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 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 | AN ADJUSTMENT OF $10,066 WAS MADE TO NET ASSETS TO PROPERLY TIE 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 - ORGANIZATION $6,040CONSULTING SERVICES - FELLOWSHIP - $199,497CONSULTING SERVICES - SUMMIT I - $3,495CONSULTING SERVICES - SUMMIT II - $13,900CONSULTING SERVICES - SUMMIT III - $10,167MARKETING & CONSULTING - COLLATERAL - $10,558MARKETING & CONSULTING - EVENTS - $444MARKETING & CONSULTING - MISCELLANEOUS - $3,177MARKETING & CONSULTING - SUBSCRIPTIONS - $1,797MARKETING & CONSULTING - CONSULTANTS - $14,345MANAGEMENT & GENERALCONSULTING SERVICES - ORGANIZATION $8,750CONSULTING SERVICES - FELLOWSHIP - $35,490MARKETING & CONSULTING - SUBSCRIPTIONS - $30FUNDRAISINGCONSULTING SERVICES - ORGANIZATION $7,425 |
| General explanation attachment | FORM 990, PART VI, SECTION B, LINE 13THE ORGANIZATION IS CURRENTLY IN THE PROCESS OF ADOPTING A WHISTLEBLOWER POLICY. |