Excelsior Action Group FY2022 filing

Tax-deductible

San Francisco, CA501(c)(3)Since 2017Community DevelopmentEIN 30-0347418Revenue $589K in FY2022

On file with the IRSeagsf.org35 San Juan Ave, 94112-2615 · San Francisco, CATax-exempt since Jan 2017Publicly supported charity — 170(b)(1)(A)(vi)

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To educate and assist enterpreneurs and small business

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$89K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $90K a year · 15% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$89K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $75K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$45K
21% of total assets
Looks good: liabilities are 21% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$589K
+133% vs prior year
Spent
$462K
To programs
85%
Net assets
$166K
By yearFY2020–FY2024
Revenue
$589K
FY2022▲ +133%
Tap a bar for its year
Revenue by fiscal year
FY2020$278K
FY2021$252K
FY2022$589K
FY2023$557K
FY2024$1.2M
FY2024$908K
Expenses
$462K
FY2022▲ +32%
Tap a bar for its year
Expenses by fiscal year
FY2020$204K
FY2021$349K
FY2022$462K
FY2023$549K
FY2024$882K
FY2024$610K
Net assets
$166K
FY2022▲ +312%
Tap a bar for its year
Net assets by fiscal year
FY2020$137K
FY2021$40K
FY2022$166K
FY2023$179K
FY2024$544K
FY2024$1.1M

From the FY2022 Form 990 (year ending June 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $391K Management & general 15% · $69K Fundraising 1% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $89K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$88,638Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Maribel Ramirez’s $53K as Executive Director is at the 31st percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Maribel Ramirez$53,051$95,054$95,054$88,638$92,000—
Stephanie Cajina—————$51,955

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Excelsior Action Group executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps entrepreneurs and small businesses learn and grow.

Provided by the organization

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3 programs · $347K · in their own filed words · FY2021
01

Community engagementeag supported businesses along with the excelsior and outer mission corridors. Services ranged from program engagement, financial coaching, and safety check-ins. In addition, eag created exciting networking events, festivals, and pub crawl to engage businesses and community members.

$154Kprogram expense
02

Economic developmentexcelsior action group (eag) engages small businesses in program engagement, financial coaching, and safety check-ins. During COVID-19, eag supported small businesses with mini and micro-grants and offered continued support to businesses, especially those facing displacement.

$99Kprogram expense
03

Public & pedestrian safetyeag spearheaded multiple safety initiatives, such as "hot spots," better lighting, and street striping. In addition, eag worked with sfmta on the mission- geneva street safety improvement project.

$94Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$75K
Grants paid · 26 grants · $280K · 2021–2024
Unitemized GrantFY2024$13,089
The Excelsior Outer Mission MerchanCA · FY2024$6,000
Individual RecipientFY2024$4,651
Unitemized GrantFY2023$40,000
Unitemized GrantFY2023$25,000
GentillyFY2023$25,000
Excelsior CoffeeFY2023$25,000
Dark Horse InnFY2023$25,000
Calabria BrosFY2023$25,000
OthersFY2023$8,600
Mercedes JacksonCA · FY2023$5,000
Individual RecipientFY2023$5,000
Heavenly BakeryFY2023$5,000
Grizzlys Bar INCFY2023$5,000
Golden Bridges SchoolCA · FY2023$5,000
Foundation for Filipino Arts and EvFY2023$5,000
See all 26 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$589K
Ln 12
Gifts and grantsLn 1h$580K
Fees for servicesLn 2g$8K
Other incomeLn 4–11$315
Money outPt IX
$462K
Ln 25
Programscol B$391K
Managementcol C$69K
Fundraisingcol D$3K
Owns and owesPt X
$166K
net assets · Ln 32
Cash and savingsLn 1–2$152K
Total assetsLn 16$211K
LiabilitiesLn 26$45K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$580K
Government grantsLn 1e$559K
Fees for servicesLn 2g$8K
Investment incomeLn 3$1
Other incomeLn 4–11$315
Total revenueLn 12$589K
Assets in detailPt X, end of year
CashLn 1$150K
SavingsLn 2$3K
Cash and savings togetherLn 1–2$152K
Other assetsLn 15$2K
Total assetsLn 16$211K
LiabilitiesLn 26$45K
Net assetsLn 32$166K
OperationsPt I, VI
EmployeesI 55
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$39K$152K
Total assetsLn 16$46K$211K
LiabilitiesLn 26$6K$45K
Net assetsLn 32$40K$166K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$19K$19K
Pay of current officers, directors and key staffLn 5$93K$78K$14K$935
Other salaries and wagesLn 7$85K$71K$13K$850
Other employee benefitsLn 9$377$302$72$3
Payroll taxesLn 10$14K$12K$3K$144
Accounting feesLn 11c$16K$16K
Other fees for servicesLn 11g$135K$133K$2K
Advertising and promotionLn 12$13K$13K
Office expensesLn 13$23K$17K$6K$209
Information technologyLn 14$793$793
OccupancyLn 16$24K$19K$5K$240
Conferences, conventions and meetingsLn 19$216$216
InsuranceLn 23$6K$5K$1K$60
Other expenses (24a–d)Ln 24$33K$23K$10K$286
All other expensesLn 24e$223$223
Total functional expensesLn 25$462K$391K$69K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.2M$882K$337K$544K 990 PDF
FY2023 $557K$549K$8K$179K 990 PDF
FY2022 Viewing $589K$462K$126K$166K 990 PDF
FY2021 $252K$349K−$97K$40K 990 PDF
FY2020 $278K$204K$74K$137K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $588,550 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $252,355$580,034
I-9 Program service revenuePrior year $0$8,200
I-10 Investment incomePrior year $1$1
I-11 Other revenuePrior year $0$315
I-12 Total revenuePrior year $252,356$588,550
I-13 Grants and similar amounts paidPrior year $0$19,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $167,729$193,142
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $181,501$250,355
I-18 Total expensesPrior year $349,230$462,497
I-19 Revenue less expensesPrior year −$96,874$126,053
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $588,550 across 7 lines filed
VIII-1e Government grants$559,407
VIII-1f All other contributions, gifts and grants$20,627
VIII-1h Total contributions, gifts and grants$580,034
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $8,200$8,200
VIII-3 Investment incomeExcluded from tax $1$1
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $315$315
VIII-12 Total revenueRelated to mission $8,200 · Unrelated business $0 · Excluded from tax $316$588,550
Part IX · Statement of functional expenses $462,497 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $19,000$19,000
IX-5 Pay of current officers, directors and key staffPrograms $78,184 · Management $14,323 · Fundraising $935$93,442
IX-7 Other salaries and wagesPrograms $71,239 · Management $12,851 · Fundraising $850$84,940
IX-9 Other employee benefitsPrograms $302 · Management $72 · Fundraising $3$377
IX-10 Payroll taxesPrograms $11,506 · Management $2,733 · Fundraising $144$14,383
IX-11c Accounting feesManagement $15,636$15,636
IX-11g Other fees for servicesPrograms $133,048 · Management $1,535$134,583
IX-12 Advertising and promotionPrograms $13,418$13,418
IX-13 Office expensesPrograms $16,675 · Management $5,757 · Fundraising $209$22,641
IX-14 Information technologyPrograms $793$793
IX-16 OccupancyPrograms $19,216 · Management $4,564 · Fundraising $240$24,020
IX-19 Conferences, conventions and meetingsManagement $216$216
IX-23 InsurancePrograms $4,812 · Management $1,143 · Fundraising $60$6,015
IX-24 Other expenses (24a–d)Programs $22,926 · Management $9,598 · Fundraising $286$32,810
IX-24e All other expensesManagement $223$223
IX-25 Total functional expensesPrograms $391,119 · Management $68,651 · Fundraising $2,727$462,497
Part X · Balance sheet $211,267 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $36,852$149,916
X-2 Savings and temporary cash investmentsStart of year $2,502$2,503
X-3 Pledges and grants receivableStart of year $4,745$56,878
X-15 Other assetsStart of year $1,970$1,970
X-16 Total assetsStart of year $46,069$211,267
X-17 Accounts payable and accrued expensesStart of year $5,684$44,829
X-26 Total liabilitiesStart of year $5,684$44,829
X-27 Net assets without donor restrictionsStart of year $40,385$166,438
X-32 Total net assets or fund balancesStart of year $40,385$166,438
X-33 Total liabilities and net assetsStart of year $46,069$211,267
Part XI · Reconciliation of net assets $166,438 net assets at year end
XI-1 Total revenue$588,550
XI-2 Total expenses$462,497
XI-3 Revenue less expenses$126,053
XI-4 Net assets at start of year$40,385
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$166,438

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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