LIVING CITIES INC THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- LIVING CITIES INC THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE (EIN 26-0003950)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-15
- IRS object ID
- 202621359349313402
- Schema version
- 2024v5.5
- 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 | 2026-05-15T15:43:55-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 132781641 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MITCHELL & TITUS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 PINE STREET 32ND FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260003950 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIVING CITIES INC THE NATIONAL COMMUNITY | BusinessNameLine1Txt |
| Business Name Line2 | DEVELOPMENT INITIATIVE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIVI | BusinessNameControlTxt |
| Phone | 6464422200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 15TH STREET NW 500 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH SCANTLEBURY | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 6464422200 | PhoneNum |
| Signature | 2026-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIC HARRISON | PreparerPersonNm |
| PTIN | P01916785 | PTIN |
| Phone | 2127094500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOSEPH SCANTLEBURY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 15TH STREET NW 500 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,603,163 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LIVINGCITIES.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | LIVING CITIES HARNESSES THE COLLECTIVE POWER OF PHILANTHROPY AND FINANCIAL INSTITUTIONS TO IMPROVE THE LIVES OF LOW-INCOME PEOPLE AND THE CITIES WHERE THEY LIVE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 47 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,857,089 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,012,819 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $574,929 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $419,070 | CYProgramServiceRevenueAmt |
| PY Investment Income | $285,738 | PYInvestmentIncomeAmt |
| CY Investment Income | $79,886 | CYInvestmentIncomeAmt |
| PY Other Revenue | $75,275 | PYOtherRevenueAmt |
| CY Other Revenue | $756,650 | CYOtherRevenueAmt |
| PY Total Revenue | $4,793,031 | PYTotalRevenueAmt |
| CY Total Revenue | $4,268,425 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,848,951 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $10,531,446 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,177,593 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,835,178 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $817,322 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,774,323 | PYOtherExpensesAmt |
| CY Other Expenses | $6,207,170 | CYOtherExpensesAmt |
| PY Total Expenses | $13,800,867 | PYTotalExpensesAmt |
| CY Total Expenses | $22,573,794 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$9,007,836 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$18,305,369 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $40,975,731 | TotalAssetsBOYAmt |
| Total Assets EOY | $21,379,033 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $20,312,633 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19,035,912 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $20,663,098 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,343,121 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | LIVING CITIES HARNESSES THE COLLECTIVE POWER OF PHILANTHROPY AND FINANCIAL INSTITUTIONS TO IMPROVE THE LIVES OF LOW-INCOME PEOPLE AND THE CITIES WHERE THEY LIVE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $10,874,288 | ExpenseAmt |
| Grant | $7,905,209 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | CITY AND COMMUNITY ENGAGEMENT: LIVING CITIES PROGRAMMATIC AREA FOCUSED ON ADVANCING INITIATIVES THAT SHIFT SOCIAL, KNOWLEDGE AND FINANCIAL CAPITAL SO MORE PEOPLE ON U.S. CITIES HAVE ACCESS TO OWNERSHIP AND WEALTH BUILDING PATHWAYS. THIS AREA ACKNOWLEDGES THAT PUBLIC, PRIVATE AND PHILANTHROPIC LEADERS AND CAPITAL DECISION MAKERS HAVE A ROLE TO PLAY IN ADDRESSING LONG STANDING RACIAL INCOME AND WEALTH GAPS. THROUGH PLACE-BASED, CITY-FACING AND FIELD BUILDING INITIATIVES, LIVING CITIES TESTS INNOVATIONS THAT INCREASE THE EQUITABLE FLOW OF CAPITAL LOCALLY AND LEVERAGES LESSONS TO PROMOTE REPLICATION AND SYSTEMIC CHANGE ACROSS THE NATION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,302,571 | ExpenseAmt |
| Grant | $21,500 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | MEMBER COLLECTIVE ACTION: LIVING CITIES MEMBERS WORK TOGETHER WITH STAFF TO SHAPE THE CENTER FOR WEALTH EQUITY, A SHARED PLATFORM FOR ADVANCING INCLUSIVE ECONOMIC GROWTH AND LONG-TERM RESILIENCE. THROUGH THE CENTER, MEMBERS HELP GENERATE KNOWLEDGE CAPITAL, INCLUDING STORIES OF POSSIBILITY THAT INFLUENCE HOW CAPITAL DECISION-MAKERS INVEST IN COMMUNITIES AND BUSINESSES, ALONGSIDE PRACTICAL IMPLEMENTATION STRATEGIES THAT BROADEN PARTICIPATION IN THE ECONOMY. THIS WORK EXPANDS ACCESS TO CAPITAL AND STRENGTHENS THE FOUNDATION FOR A MORE DURABLE, OPPORTUNITY-RICH ECONOMY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,533,152 | ExpenseAmt |
| Grant | $2,604,737 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | CNC: LIVING CITIES ADVANCES PUBLIC UNDERSTANDING OF HOW CAPITAL, POLICY, AND LOCAL LEADERSHIP CAN WORK TOGETHER TO BUILD STRONGER LOCAL ECONOMIES AND EXPAND ECONOMIC OPPORTUNITY. THROUGH STRATEGIC COMMUNICATIONS, STORYTELLING, RESEARCH DISSEMINATION, WEBINARS, AND PUBLIC ENGAGEMENT, LIVING CITIES SHARES LESSONS AND INSIGHTS FROM ITS WORK WITH CITIES, FINANCIAL INSTITUTIONS, PHILANTHROPY, AND COMMUNITY LEADERS NATIONWIDE. THIS WORK HELPS ACCELERATE THE ADOPTION OF APPROACHES THAT IMPROVE CAPITAL ACCESS, STRENGTHEN LOCAL ECONOMIC SYSTEMS, AND PROMOTE LONG-TERM ECONOMIC RESILIENCE AND SHARED PROSPERITY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,241,540 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | OTHER | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,241,540 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $17,951,551 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 74 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 47 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMILAH DAVIS CHIEF FINANCIAL & ADMINISTRATIVE OFFICER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6464422214 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 15TH STREET NW SUITE 500 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| LISA HAMILTON | ||||||||
| BOARD MEMBER, CHAIR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SHANE HARRIS | ||||||||
| CO-CHAIR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TIA HODGES | ||||||||
| EXEC COMMITTEE -AT-LARGE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DON CHEN | ||||||||
| CO-CHAIR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PHILIP GASKIN UNTIL 123124 | ||||||||
| BOARD MEMBER, EXEC COMM | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JUNE DAVIS UNTIL 123124 | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RHEA WILLIAMS-BISHOP | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHANTEL RUSH | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TAWA MITCHELL | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN THOMAS | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CELINE SUAREZ | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BETSY KREBS | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LYNETTE BELL | ||||||||
| TREASURER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LISA TALMA | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| FLORENCIA SPAGARO | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ALLISON BAJRACHARYA | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| OPOKUA ODURO | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TONYA ALLEN | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LAUREN SMITH | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARJORIE PALOMA | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DOMINIQUE GOSS | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LISA LAWSON | ||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH SCANTLEBURY | ||||||||
| PRESIDENT & CEO | 40.00 | 0.00 | $390,000 | $0 | $48,630 | Yes (X) | ||
| JULIE BOSLAND | ||||||||
| CHIEF IMPACT OFFICER | 40.00 | 0.00 | $219,433 | $0 | $21,612 | Yes (X) | ||
| MYUNG J LEE | ||||||||
| CHIEF STRATEGY OFFICER | 40.00 | 0.00 | $216,398 | $0 | $36,453 | Yes (X) | ||
| JAMILAH DAVIS | ||||||||
| ASSOCIATE DIRECTOR, FINANCE & ADMINISTRATION | 40.00 | 0.00 | $183,776 | $0 | $32,357 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,009,607 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $139,052 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FUSE CORP | |||||
| PO BOX 26070 UNIT 26070 | SAN FRANCISCO | CA | 94126 | SUPPORT FOR PROGRAMS INCLUDING RECERUITM | $638,400 |
| ACTIVEST LLC | |||||
| 712 H STREET NE 993 | WASHINGTON | DC | 20002 | FISCAL SPONOREE ON VARIOUS PROJECTS | $563,113 |
| SOCIAL IMPACT FUND | |||||
| 750 WEST 7TH STREET PO BOX 811026 | LOS ANGELES | CA | 90081 | FISCAL SPONSOR TO ASOCIATED ORGANIZATION | $400,000 |
| TEACH TO LEAD LLC | |||||
| 502 HADRIAN LANE | FORT WASHINGTON | MD | 20744 | STAFF COACHING AND LEADERSHIP AND CULTUR | $375,000 |
| GUMBO MEDIA | |||||
| 4714 NORTH SAWYER AVE | CHICAGO | IL | 60625 | ASSISTANCE WITH VARIOUS COMMUNICATIONS P | $255,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $3,012,819 | AllOtherContributionsAmt |
| Total Contributions | $3,012,819 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALL OTHER PROGRAM SERVICE REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $419,070 | TotalRevenueColumnAmt |
| Exclusion | $419,070 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $419,070 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $212,769 | TotalRevenueColumnAmt |
| Exclusion | $212,769 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,201,855 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,319,322 | SecuritiesAmt |
| Other | $15,416 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$117,467 | SecuritiesAmt |
| Other | -$15,416 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$132,883 | TotalRevenueColumnAmt |
| Exclusion | -$132,883 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| LOAN LOSS RESERVE RECOVERY | 900099 | $698,550 | $698,550 |
| OTHER INCOME | 900099 | $58,100 | $58,100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $756,650 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,268,425 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,255,606 | 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 | $10,531,446 | TotalAmt |
| Program Services | $10,531,446 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,677,788 | TotalAmt |
| Program Services | $466,263 | ProgramServicesAmt |
| Management And General | $394,203 | ManagementAndGeneralAmt |
| Fundraising | $817,322 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,036,483 | TotalAmt |
| Program Services | $1,442,742 | ProgramServicesAmt |
| Management And General | $1,593,741 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $258,337 | TotalAmt |
| Program Services | $130,808 | ProgramServicesAmt |
| Management And General | $127,529 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $512,479 | TotalAmt |
| Program Services | $309,390 | ProgramServicesAmt |
| Management And General | $203,089 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $350,091 | TotalAmt |
| Program Services | $191,565 | ProgramServicesAmt |
| Management And General | $158,526 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $426,267 | TotalAmt |
| Program Services | $256,196 | ProgramServicesAmt |
| Management And General | $170,071 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,140 | TotalAmt |
| Program Services | $140,374 | ProgramServicesAmt |
| Management And General | $109,766 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,440 | TotalAmt |
| Program Services | $43,458 | ProgramServicesAmt |
| Management And General | $33,982 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,587,340 | TotalAmt |
| Program Services | $2,458,749 | ProgramServicesAmt |
| Management And General | $128,591 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $800 | TotalAmt |
| Program Services | $449 | ProgramServicesAmt |
| Management And General | $351 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,810 | TotalAmt |
| Program Services | $29,636 | ProgramServicesAmt |
| Management And General | $23,174 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $306,334 | TotalAmt |
| Program Services | $171,909 | ProgramServicesAmt |
| Management And General | $134,425 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $652,953 | TotalAmt |
| Program Services | $366,425 | ProgramServicesAmt |
| Management And General | $286,528 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $311,585 | TotalAmt |
| Program Services | $179,569 | ProgramServicesAmt |
| Management And General | $132,016 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $601,675 | TotalAmt |
| Program Services | $584,917 | ProgramServicesAmt |
| Management And General | $16,758 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $219,840 | TotalAmt |
| Program Services | $123,370 | ProgramServicesAmt |
| Management And General | $96,470 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $212,725 | TotalAmt |
| Program Services | $119,377 | ProgramServicesAmt |
| Management And General | $93,348 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,536 | TotalAmt |
| Program Services | $30,043 | ProgramServicesAmt |
| Management And General | $23,493 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| UTILITIES | $243,750 | $243,750 | |
| CREDIT LOSS EXPENSES | $73,503 | $41,266 | $32,237 |
| MISC | $57,302 | $32,157 | $25,145 |
| REPAIRS AND MAINTENANCE | $11,178 | $6,273 | $4,905 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,992 | TotalAmt |
| Program Services | $51,419 | ProgramServicesAmt |
| Management And General | $16,573 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,573,794 | TotalAmt |
| Program Services | $17,951,551 | ProgramServicesAmt |
| Management And General | $3,804,921 | ManagementAndGeneralAmt |
| Fundraising | $817,322 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,640,181 | BOYAmt |
| EOY | $3,499,668 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,240,524 | BOYAmt |
| EOY | $90 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,406,626 | BOYAmt |
| EOY | $1,249,750 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,452,090 | BOYAmt |
| EOY | $5,161,010 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,375 | BOYAmt |
| EOY | $99,442 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,421,588 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $449,680 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,149,330 | BOYAmt |
| EOY | $971,908 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,393,810 | BOYAmt |
| EOY | $4,354,466 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,812,487 | BOYAmt |
| EOY | $2,831,927 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,809,308 | BOYAmt |
| EOY | $3,210,772 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,975,731 | BOYAmt |
| EOY | $21,379,033 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $757,168 | BOYAmt |
| EOY | $654,746 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,199,020 | BOYAmt |
| EOY | $7,958,613 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,759,176 | BOYAmt |
| EOY | $7,257,673 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,597,269 | BOYAmt |
| EOY | $3,164,880 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,312,633 | BOYAmt |
| EOY | $19,035,912 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,925,540 | BOYAmt |
| EOY | $321,621 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,737,558 | BOYAmt |
| EOY | $2,021,500 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,663,098 | BOYAmt |
| EOY | $2,343,121 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,975,731 | BOYAmt |
| EOY | $21,379,033 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$18,305,369 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$14,607 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | 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 | $11,502,778 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,979,900 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,237,086 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,857,089 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,012,819 | CurrentTaxYearAmt |
| Total | $45,589,672 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,502,778 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,979,900 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,237,086 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,857,089 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,012,819 | CurrentTaxYearAmt |
| Total | $45,589,672 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $22,555,211 | SubstantialContributorsTotAmt |
| Public Support Total170 | $23,034,461 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $650,741 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $790,652 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,051,024 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $342,184 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $911,319 | CurrentTaxYearAmt |
| Total | $3,745,920 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $309,815 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $181,636 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $31,750 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $58,100 | CurrentTaxYearAmt |
| Total | $581,301 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $49,916,893 | TotalSupportAmt |
| Public Support CY170 | 0.46150 | PublicSupportCY170Pct |
| Public Support PY170 | 0.45800 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $294,580 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $280,196 | DepreciationAmt |
| Book Value | $14,384 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,127,008 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $556,853 | DepreciationAmt |
| Book Value | $570,155 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Depreciation | -$387,369 | DepreciationAmt |
| Book Value | $387,369 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $971,908 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| 2.0% IMPACT VENTURES III LP | $1,330,715 | C |
| 2.5% URBAN INNOVATION FD I LP | $500,000 | C |
| FOUNDERS FIRST CAPITAL PARTNERS | $499,993 | C |
| LCCF FUND III, KNOWN LP284,155 | $501,219 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $2,831,927 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| OTHER RECEIVABLES | $72,222 |
| OTHER ASSETS | $16,131 |
| OPERATING LEASE RIGHT OF USE | $2,975,759 |
| DEPOSITS | $146,660 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $3,210,772 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED RENT | Desc |
| Amt | $3,164,880 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,164,880 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,253,817 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$14,607 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$14,607 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,268,424 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,268,424 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $22,573,795 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $22,573,795 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $22,573,795 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS OR FURTHER DISCLOSURE IN THE NOTES TO THE FINANCIAL STATEMENTS. |
| SCH D PART VI, LINE 1E - OTHER | DISPOSAL ADJUSTMENT ($387,369) |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (18 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | IRC SectionIRCSectionDesc | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| ACTIVEST LLC | |||||||||
| 712 H STREET NE 993 | WASHINGTON | DC | 20002 | 852644303 | $950,000 | $0 | FISCAL SPONSORSHIP PASS-THRU GRANTS | ||
| BROOKINGS | |||||||||
| 1775 MASSACHUSETTS AVE NW | WASHINGTON | DC | 20036 | 530196577 | $625,000 | $0 | CAPITAL FOR WELLBEING CAMPAIGN | 501(C)(3) | |
| CITY OF ATLANTA | |||||||||
| 68 MITCHELL STREET SW SUITE 8100 | ATLANTA | GA | 30303 | $100,000 | $0 | GRANT TO IMPLEMENT BUSINESS DEVELOPMENT WORKPLAN | |||
| CITY OF CHARLOTTE ECONOMIC DEVELOPMENT DEPARTMENT | |||||||||
| 600 E FOURTH STREET | CHARLOTTE | NC | 28255 | $100,000 | $0 | GRANT TO IMPLEMENT BUSINESS DEVELOPMENT WORKPLAN | |||
| CITY OF CLEVELAND | |||||||||
| 601 LAKESIDE AVENUE ROOM 320 | CELVELAND | OH | 44114 | $50,000 | $0 | GRANT TO IMPLEMENT FAIR HOUSING POLICIES | |||
| CITY OF MEMPHIS | |||||||||
| ENTREPRENEURS MENTOR CENTER 125 N | MEMPHIS | TN | 38103 | $100,000 | $0 | GRANT TO IMPLEMENT BUSINESS DEVELOPMENT WORKPLAN | MAIN STREET SUITE 546 | ||
| CITY OF MIAMI DEPARTMENT OF HUMAN SERVICES | |||||||||
| 444 SOUTHWEST 2ND AVE 10TH FLOOR | MIAMI | FL | 33130 | $100,000 | $0 | GRANT TO IMPLEMENT BUSINESS DEVELOPMENT WORKPLAN | |||
| FRONTLINE SOLUTIONS INTERNATIONAL | |||||||||
| 1032 15TH STREET NW UNIT 303 | WASHINGTON | DC | 20005 | 273450837 | $56,300 | $0 | FISCAL SPONSORSHIP PASS-THRU GRANTS | ||
| FUSE CORP | |||||||||
| PO BOX 26070 UNIT 26070 | SAN FRANCISCO | CA | 94126 | 275469219 | $6,000,000 | $0 | CAPITAL FOR WELLBEING CAMPAIGN | 501(C)(3) | |
| HISPANICS IN PHILANTHROPHY | |||||||||
| 414 13T STREET SUITE 200 | OAKLAND | CA | 94612 | 943040607 | $10,000 | $0 | MEMBERSHIP | 501(C)(3) | |
| HOMEOWNERSHIP COUNCIL OF AMERICA | |||||||||
| 712 H ST NE 725 | WASHINGTON | DC | 20002 | 870798977 | $52,500 | $0 | SUPPORT FOR HOME OWNERSHIP PROGRAMS | 501(C)(3) | |
| SOCIAL IMPACT FUND | |||||||||
| 750 WEST 7TH STREET PO BOX 811026 | LOS ANGELES | CA | 90081 | 461820448 | $2,000,000 | $0 | RACIAL NARRATIVE CHANGE CAMPAIGN | 501(C)(3) | |
| INDEPENDENT SECTOR | |||||||||
| 1602 L STREET NORTHWEST SUITE 900 | WASHINGTON | DC | 20036 | 521081024 | $10,000 | $0 | SPONSORSHIP OF PROGRAMS AND CONVENINGS | 501(C)(3) | |
| MONTOPOLIS | |||||||||
| 2316 THRASHER LANE | AUSTIN | TX | 78741 | 320591204 | $200,000 | $0 | HOMEOWNERSHIP PROGRAM AWARD | 501(C)(3) | |
| NASHVILLE OFFICE OF DEI | |||||||||
| 700 PRESIDENT RONALD REAGAN WAY | NASHVILLE | TN | 37210 | $100,000 | $0 | GRANT TO IMPLEMENT BUSINESS DEVELOPMENT WORKPLAN | SUITE 310 | ||
| NATIONAL HOUSING CONFERENCE | |||||||||
| 1900 M STREET NW SUITE 200 | WASHINGTON | DC | 20036 | 530208180 | $10,000 | $0 | SPONSORSHIP FOR HOUSING COMMUNICATIONS CONFERENCE | 501(C)(3) | |
| SOCAP GLOBAL PBC | |||||||||
| 447 SUTTER STREET 713 | SAN FRANCISCO | CA | 94108 | 611819093 | $10,000 | $0 | CONFERENCE SPONSORSHIP | ||
| YOUTPRISE | |||||||||
| 3001 BROADWAY STREET NE SUITE 330 | MINNEAPOLIS | MN | 55413 | 274126970 | $71,409 | $0 | HOMEOWNERSHIP PROGRAM AWARD | 501(C)(3) | |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOSEPH SCANTLEBURY | ||||||||||||||
| PRESIDENT & CEO | $390,000 | $0 | $0 | $0 | $0 | $0 | $26,102 | $0 | $22,528 | $0 | $438,630 | $0 | $0 | $0 |
| MYUNG J LEE | ||||||||||||||
| CHIEF STRATEGY OFFICER | $211,398 | $0 | $5,000 | $0 | $0 | $0 | $27,575 | $0 | $8,878 | $0 | $252,851 | $0 | $0 | $0 |
| JULIE BOSLAND | ||||||||||||||
| CHIEF IMPACT OFFICER | $211,933 | $0 | $7,500 | $0 | $0 | $0 | $10,383 | $0 | $11,229 | $0 | $241,045 | $0 | $0 | $0 |
| JAMILAH DAVIS | ||||||||||||||
| ASSOCIATE DIRECTOR, FINANCE & ADMINI | $176,276 | $0 | $7,500 | $0 | $0 | $0 | $15,865 | $0 | $16,492 | $0 | $216,133 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | EACH "FUNDING ORGANIZATION" HAS THE RIGHT TO APPOINT A DIRECTOR TO THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S FORM 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS BEFORE IT IS FILED WITH THE IRS. THE RETURN IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM, MITCHELL TITUS, LLP, BASED ON INFORMATION PROVIDED BY THE ORGANIZATION'S ACCOUNTING TEAM, AND IS REVIEWED PRIOR TO SIGNING BY THE ORGANIZATIONS CEO AND CFAO FOR FILING. THE AUDIT COMMITTEE IS NOT INVOLVED IN THE REVIEW/FILING PROCESS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL EMPLOYEES MUST SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT WHEN HIRED; THE STATEMENT EXPLICITLY REQUIRES THE EMPLOYEE TO REPORT, TO FILE, AND AMEND STATEMENT WITH THE CEO IF A CONFLICT MAY ARISE DURING THEIR TENURE. |
| FORM 990, PART VI, SECTION B, LINE 15 | IN 2013, THE ORGANIZATION RETAINED A COMPENSATION CONSULTANT TO REVIEW AND CONFIRM THE SALARY RANGES OF ALL POSITIONS IN THE ORGANIZATION. THE RESULTS OF THAT STUDY WERE UPDATED IN 2015, FISCAL YEAR 2016. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | CONSULTANT FEES & EXPENSES: PROGRAM SERVICE EXPENSES 2,458,749. MANAGEMENT AND GENERAL EXPENSES 128,591. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,587,340. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIVING CITIES BLENDED CATALYST FUND LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 15TH STREET NW SUITE 500 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 300889697 | EIN |
| Primary Activities | PRI LENDER | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | $534,805 | TotalIncomeAmt |
| End Of Year Assets | $12,175,813 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LCI - THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
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