2017-08-29T13:13:49-05:00 2016-12-31 954557617 Harrington Group CPAs LLP 234 East Colorado Blvd Suite M150 Pasadena CA 91101 990 2016-01-01 542132153 REDF REDF 4155616679 2 Embarcedero Center No 650 San Francisco CA 94111 Carla I Javits President/CEO 4155616679 2017-08-29 1 Tonetta L Conner CPA P01775198 6264036801 64.88.174.3 2017-08-29 11:13:37 PD P A2B3D588AC9710920857685A9A268520EFB42450 A2B3D588AC9710920857685A9A268520EFB42450 2016 2021-01-29 14:40:06Z Carla I Javits 2 Embarcedero Center No 650 San Francisco CA 94111 15851992 0 X www.redf.org X 2003 CA REDF creates jobs and pathways to employment for people overcoming the greatest barriers to work. 14 13 56 13 0 0 23684674 15223008 0 4000 3154 12536 4571 4257 23692399 15243801 1880820 4466917 0 0 3745144 4157700 0 0 702002 2449497 3771830 8075461 12396447 15616938 2847354 28197841 31222765 537963 715533 27659878 30507232 X REDF is the only venture philanthropy in the U.S. that invests exclusively in the growth of social enterprises focused on employment. Since 1997, REDF has provided seed and growth capital and specialized advisory services to over 106 social enterprises nationwide. 0 0 5630392 3918917 Portfolio Relationships: REDFs goal is to provide the right kinds of capital at the right stage and provide advice to social enterprises to improve the results for the people employed. During 2016, REDF provided grant support to 22 organizations and provided ongoing business assistance and funding to a portfolio of eight organizations. 2942197 548000 Field Building and Leadership Development:*Engage business, government, philanthropy, and community organizations to build ecosystems to support social enterprise growth and success. *Develop social enterprise leaders and advocate for policies supportive of social enterprise and employment of people who are overcoming barriers.*Develop the strength and sophistication of a national network and field of practice. 1034813 4000 Learning and Impact: *Collaborating with internal and external partners to collect quantitative and qualitative data to benchmark success, demonstrate impact, and capture best practices.*Leading the prioritization, identification, creation, dissemination, and integration of knowledge for model development and to expedite organizational learning.*Taking advantage of existing planning and review processes to champion organizational learning and integration of lessons and innovations from the social enterprise field and other related/supporting disciplines to guide the overall direction for organizational and programmatic strategy. 9607402 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 77 0 1 56 1 0 0 0 0 0 1 1 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X Carla I Javits 4155616679 2 Embarcedero Center No 650 San Francisco CA 94111 George R Roberts Board Chair 1.00 X X 0 0 0 Stuart Davidson Vice Chair/Treasurer 1.00 X X 0 0 0 Dan Rose Secretary 1.00 X X 0 0 0 Lande Ajose Board Member (term end 11/16) 1.00 X 0 0 0 Harris Barton Board Member 1.00 X 0 0 0 Bonnie Boswell Board Member 1.00 X 0 0 0 Lewis Byrd Board Member 1.00 X 0 0 0 Philip Estes Board Member 1.00 X 0 0 0 Elizabeth Y A Ferguson Board Member 1.00 X 0 0 0 Chet P Hewitt Board Member 1.00 X 0 0 0 Carla I Javits President, CEO 40.00 X X 244793 0 23571 Mack Jenkins Board Member 1.00 X 0 0 0 George Montgomery Board Member 1.00 X 0 0 0 Chris O'Donnell Board Member 1.00 X 0 0 0 Richard Rosenberg Board Member (term end 9/16) 1.00 X 0 0 0 Adam Smith Board Member 1.00 X 0 0 0 David Samuels Chief Financial & Administrative Officer 40.00 X 173569 0 23464 Carrie McKellogg Chief Program Officer 40.00 X 156544 0 18825 Nicole A Simoneaux VP, Investments & Advisory Serv. 40.00 X 135552 0 16076 Vivienne Lee Principal Consultant 32.00 X 121978 0 14548 Julie Sinai VP, Policy & California Initiatives 40.00 X 114772 0 5859 Lori Warren Dir. Marketing & Communication 40.00 X 120256 0 7911 Johanna Young Director of Development 40.00 X 110150 0 10583 1177614 0 120837 8 0 1 0 Creative Artists Agency LLC 2000 Avenue of the Stars Los Angeles CA 90067 Marketing 320500 Research Triangle Institute dba RTI Int 6110 Executive Blvd No 902 Rockville MD 20852 Evaluation Study 264279 Peacock Construction Inc 200 Pine Street San Francisco CA 94104 Construction 212100 Single Point of Contact 992 San Antonio Rd Palo Alto CA 94303 IT Support 152807 Fleishman Hillard Inc 12777 W Jefferson Blvd No 120 Los Angeles CA 90066 PR Support 126367 5 417019 3723411 11082578 76445 15223008 Fee income 900099 4000 4000 4000 12536 12536 608191 417019 608191 0 Other income 900099 4257 4257 4257 15243801 4000 0 16793 X 4466917 4466917 640767 245234 327101 68432 2791407 1718968 753689 318750 57938 32548 18499 6891 400616 199747 159138 41731 266972 158019 78587 30366 40292 40292 1941112 1560588 258089 122435 95984 67513 19102 9369 192009 96553 79673 15783 505401 302575 153132 49694 428570 385875 34833 7862 69054 39480 25354 4220 181791 116765 52254 12772 14370 8606 4350 1414 Events 184216 183228 875 113 Training & Development 47242 549 46653 40 Dues and subscriptions 38171 23194 11218 3759 Recruiting 19334 190 19144 14284 853 5060 8371 12396447 9607402 2087043 702002 555255 2365561 5603414 7891782 21191971 19784510 311978 283068 37383 134850 1005785 285826 455741 719959 42099 43035 28197841 31222765 537963 715533 537963 715533 X 6271995 8914325 21387883 21592907 27659878 30507232 28197841 31222765 2847354 0 X 0 1 X 1 1 1 X 6723473 15695784 5132465 23684674 15223008 66459404 6723473 15695784 5132465 23684674 15223008 66459404 32769494 33689910 10914 6900 13396 3154 12536 46900 1000 3780 5368 4571 4257 18976 66525280 4000 0.50640 0.40800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 0 0 0 0 Part II-B, Line 1: Staff advocated in California for SB 1219 to create a Social Enterprise certification and preference in state contracting and procurement. 191483 60006 131477 280559 53002 227557 533743 172818 360925 719959 X 15851992 608191 608191 15243801 0 15243801 13004638 608191 608191 12396447 0 12396447 Part X, Line 2: REDF is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by REDF in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. REDF's returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed. Part XI, Line 2d - Other Adjustments: Special events expense 608,191. Part XII, Line 2d - Other Adjustments: Special events expense 608,191. REDF Benefit 1025210 417019 608191 57996 61567 323442 165186 1025210 417019 608191 57996 61567 323442 165186 608191 0 1 Blue Sky Bakery & Cafe 3720 N Lincoln Ave Chicago IL 60613 364405781 501(c)(3) 20000 Strategic Cara 237 S Desplaines Chicago IL 60661 364268095 501(c)(3) 200000 Enterprise Center for Employment Opportunities 32 Broadway 15th Floor New York NY 10004 133843322 501(c)(3) 425688 Enterprise Central City Concern 2 NW 2nd Ave Portland OR 97209 930728816 501(c)(3) 119148 Enterprise Chrysalis 516 South Main Street Los Angeles CA 90013 953972624 501(c)(3) 278750 Strategic Coalition for Responsible Community Development 3101 South Grand Ave Los Angeles CA 90013 202445113 501(c)(3) 138024 Enterprise Community Housing Partnership 31 Jones Street Suite 200 San Francisco CA 94105 943112338 501(c)(3) 213594 Strategic Conservation Corps North Bay 1323 Forbes Ave Pittsburge PA 15219 942831592 501(c)(3) 160000 Strategic Corporation for Supportive Housing 800 S Figueroa Street Ste 810 Los Angeles CA 90017 133600232 501(c)(3) 134000 Strategic Drive Change 630 Flushing Ave Brooklyn NY 11206 464691123 501(c)(3) 15000 Strategic FareStart 700 Virginia Street Seattle WA 98101 223223641 501(c)(3) 150000 Enterprise First Step Staffing 302 Decatur Stree SE Atlanta GA 30312 208038859 501(c)(3) 50000 Strategic Goodwill of Silicon Valley 1080 North Seventh Street San Jose CA 95112 San Jose CA 95112 941212132 501(c)(3) 236773 Enterprise Goodwill Central Texas 1015 Norwood Park Blvd Austin TX 78753 742750379 501(c)(3) 200000 Strategic Green Streets 3138 Kamille Court San Francisco CA 94110 954116679 501(c)(3) 10000 Strategic Greyston Foundation 21 Park Ave Yonkers NY 10703 133717310 501(c)(3) 9000 Strategic Hart Community Homes Inc 208 N Lemon Street Fullerton CA 92832 330660277 501(c)(3) 20000 Strategic Homeboy Industries 130 W Bruno Street Los Angeles CA 90012 954800735 501(c)(3) 89441 Enterprise International Rescue Committee San Diego 5348 University Ave Ste 205 San Diego CA 92105 135660870 501(c)(3) 12000 Strategic Jobs Foundation dba Tech Dump 825 Boone Ave N Ste 100 Golden Valley MN 55427 272295466 501(c)(3) 25000 Strategic Juma Ventures 131 Steuart Street Suite 201 San Francisco CA 94105 San Francisco CA 94105 943203203 501(c)(3) 183000 Strategic Kitchens for Good 404 Euclid Ave San Diego CA 92114 463278605 501(c)(3) 33000 Strategic LevMade 900A Willow Road Menlo Park CA 94025 472338082 501(c)(3) 20000 Strategic Mile High Ministries 913 Wyandot Street Denver CO 80204 840782214 501(c)(3) 100000 Enterprise Millionair Club Inc 2515 Western Ave Seattle WA 98121 910607513 501(c)(3) 158940 Enterprise More Than Words 376 Moody Street Waltham MA 02453 042784985 501(c)(3) 175000 Enterprise New Avenues for Youth 1220 SW Columbia Street Portland OR 97201 930910213 501(c)(3) 125000 Enterprise New Door Ventures 3221 20th Street San Francisco CA 94110 942780274 501(c)(3) 20000 Strategic New Moms 5317 W Chicago Ave Chicago IL 60651 363265804 501(c)(3) 100000 Enterprise North Lawndale Employment Network Sweet 3726 W Flournoy Ave Chicago IL 60624 364295189 501(c)(3) 23000 Strategic Orion Industries 1590 A Street NE Auburn WA 98002 910727076 501(c)(3) 150000 Enterprise Pioneer Human Services 7440 W Marginal Way S Seattle WA 98108 910791552 501(c)(3) 25000 Strategic Pogo Park 2604 Roosevelt Ave Richmond CA 94804 320318669 501(c)(3) 5000 Strategic Rebuilding Exchange 1740 W Webster Ave Chicago IL 60614 800299860 501(c)(3) 25000 Strategic RecycleForce 1125 Brookside Ave Ste D12 Indianapolis IN 46202 141892402 501(c)(3) 175000 Enterprise Roca Inc 101 Park Street Chelsea MA 02150 223223641 501(c)(3) 200000 Enterprise Roots Community Health Center 9925 International Blvd No 5 Oakland CA 94603 262583954 501(c)(3) 25000 Strategic Taller San Jose Hope Builders 801 North Broadway Santa Ana CA 92701 593816355 501(c)(3) 30000 Enterprise The Empowerment Plan 1401 Vermont Street Detroit MI 48216 453265365 501(c)(3) 35000 Strategic Urban Strategies Council 1801 Adeline Street 2nd Fl Oakland CA 94601 943044453 501(c)(3) 10000 Strategic UTEC Inc 15 Warren Street Lowell MA 01852 382669532 501(c)(3) 150000 Enterprise Weingart Center for the Homeless 566 South San Pedro Street Los Angeles CA 90013 956054617 501(c)(3) 42558 Enterprise Women's Bean Project 3201 Curtis Street Denver CO 80205 841144973 501(c)(3) 150000 Enterprise 43 Part I, Line 2: REDF maintains a close relationship with the organizations we fund. We have a team of program, fiscal and compliance personnel who work closely with the organizations to monitor progress towards goals. In addition and as appropriate, we restrict the use of funds to particular projects and require evidence that the funds have been spent in alignment with the restrictions. X X 0 0 0 0 0 0 0 1 0 Carla I Javits President, CEO 244793 0 0 0 0 0 6583 0 16988 0 268364 0 0 0 David Samuels Chief Financial & Administrative Off 173569 0 0 0 0 0 6898 0 16566 0 197033 0 0 0 Carrie McKellogg Chief Program Officer 156544 0 0 0 0 0 0 0 18825 0 175369 0 0 0 Nicole A Simoneaux VP, Investments & Advisory Serv. 135552 0 0 0 0 0 5444 0 10632 0 151628 0 0 0 Part I, Line 7 Non-fixed payments not described on lines 5 or 6 related to bonuses not related to the revenue and expenses of the organization. X 4 76445 Value at time of trade 0 0 0 Part I, Column (b): Number of contributions determined by number of donors. Form 990, Part III, Line 1 REDF has earned and reinvested in their businesses more than $280 million in revenue and employed over 16,000 people, helping spending for government programs go further while improving lives and communities. Social enterprises are businesses with a clear social mission, and they take their profits and invest it in helping people. These are businesses that both provide real jobs and help employees stabilize their lives with extra services - ones that help them build their skills and develop a work history. Those services might include financial literacy classes, housing, personal counselling, and help with business attire or work uniforms. When employees are ready, social enterprises help them find lasting, competitive jobs. REDF invests specifically in social enterprises that have the explicit mission of hiring and supporting people who are overcoming the greatest barriers to work - including histories of homelessness and incarceration, substance abuse and mental health challenges, as well as limited education. As businesses that must survive in the real world, social enterprises are different from traditional social service agencies. They are competitive places of commerce, built on quality goods or services people want. With a consumer niche and smart business savvy, social enterprises are able to make money and reinvest it to serve their mission of transforming lives. REDF's approach harnesses the power of the market for social impact. Form 990, Part VI, Section B, line 11b REDF's 990 is initially reviewed by the Director of Finance and President & CEO, followed by a review by REDF's audit committee. The audit committee includes two members of the Board of Directors who act on behalf of the Board. Upon approval by the audit committee, the 990 is provided to the full Board of Directors prior to filing. Form 990, Part VI, Section B, line 12c REDF regularly and consistently enforces compliance with our conflict of interest policy through ongoing monitoring and an annual requirement for all leaders of the Organization (defined as Directors, Officers and Key Employees) to complete an affirmation and disclosure questionnaire. Form 990, Part VI, Section B, line 15 A compensation study is performed for all roles in the organization. Goals and compensation levels are set annually for all employees and reviewed and approved by the Executive Committee (President & CEO, Chief Financial and Administrative Officer and Chief Program Officer). Compensation levels are set within the boundaries of the annual Board approved organizational budget. Form 990, Part VI, Section C, line 19 REDF makes its governing documents, conflict of interest policy and financial statements available to the public upon request via hard or electronic copy. REDFs Financial Statements are also made available on www.redf.org and REDFs 990 available on www.redf.org and on www.guidestar.org. Form 990, Part IX, line 11g Payroll service fees: Program service expenses 0. Management and general expenses 89,239. Fundraising expenses 0. Total expenses 89,239. Consultants: Program service expenses 1,560,588. Management and general expenses 168,850. Fundraising expenses 122,435. Total expenses 1,851,873.