Excelsior Action Group FY2024 filing

Tax-deductible

San Francisco, CA501(c)(3)Since 2017Community DevelopmentEIN 30-0347418

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To educate and assist enterpreneurs and small business

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$95K 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

FY2024 · 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
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$95K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.9 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
$17K
3% of total assets
Looks good: liabilities are 3% 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
$1.2M
+119% vs prior year
Spent
$882K
To programs
87%
Net assets
$544K
By yearFY2020–FY2024
Revenue
$1.2M
FY2024▲ +119%
Revenue by fiscal year
FY2020$278K
FY2021$252K
FY2022$589K
FY2023$557K
FY2024$1.2M
FY2024$908K
Expenses
$882K
FY2024▲ +61%
Expenses by fiscal year
FY2020$204K
FY2021$349K
FY2022$462K
FY2023$549K
FY2024$882K
FY2024$610K
Net assets
$544K
FY2024▲ +204%
Net assets by fiscal year
FY2020$137K
FY2021$40K
FY2022$166K
FY2023$179K
FY2024$544K
FY2024$1.1M

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 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

87 cents of each dollar spent went to programs.

Program services 87% · $764K Management & general 1% · $11K Fundraising 12% · $107K

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; $95K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$95,054Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$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 · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Maribel Ramirez$53,051$95,054————
Maribel Ramirez$53,051—$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 2No
  • 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 program services account for $764K of program spending, described in the organization's own filed words · FY2023.
01

Economic developmentExcelsior Action Group (EAG) engages small business in program engagemet, financial coaching, and safety check-ins.

$483Kprogram expense
02

Community engagementExcelsior Action Group (EAG) supported businesses along with the excelsior and outer mission corridors. Services ranged from program engagement, financial coaching, and safety check-ins. In additional, EAG created exciting networking events, festivals, and pub crawl to engage businesses and community members

$247Kprogram expense
03

Cbd

Organization received assessment revenue from CCSF to be used for cleaning and beautification of the neighborhood

$34Kprogram expense

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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 FY2024 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$890K
Fees for servicesLn 2g$329K
Money outPt IX
$882K
Ln 25
Programscol B$764K
Managementcol C$11K
Fundraisingcol D$107K
Owns and owesPt X
$544K
net assets · Ln 32
Cash and savingsLn 1–2$290K
Total assetsLn 16$561K
LiabilitiesLn 26$17K
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$890K
Government grantsLn 1e$685K
Fees for servicesLn 2g$329K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$287K
SavingsLn 2$3K
Cash and savings togetherLn 1–2$290K
Total assetsLn 16$561K
LiabilitiesLn 26$17K
Net assetsLn 32$544K
OperationsPt I, VI
EmployeesI 55
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$215K$290K
Total assetsLn 16$217K$561K
LiabilitiesLn 26$10K$17K
Net assetsLn 32$207K$544K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$179K$179K
Grants to domestic individualsLn 2$68K$68K
Pay of current officers, directors and key staffLn 5$96K$95K$1K
Other salaries and wagesLn 7$137K$137K
Other employee benefitsLn 9$7K$6K$720
Payroll taxesLn 10$18K$18K
Accounting feesLn 11c$10K$10K$508
Other fees for servicesLn 11g$278K$189K$5K$84K
Advertising and promotionLn 12$108$108
Office expensesLn 13$10K$10K$78$99
Information technologyLn 14$3K$3K$119$27
OccupancyLn 16$23K$23K
Conferences, conventions and meetingsLn 19$2K$2K
InsuranceLn 23$5K$4K$2K
Other expenses (24a–d)Ln 24$20K$4K$832$16K
All other expensesLn 24e$25K$17K$380$7K
Total functional expensesLn 25$882K$764K$11K$107K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $1.2M$882K$337K$544K 990 PDF
FY2023 $557K$549K$8K$179K 990 PDF
FY2022 $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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,219,406 across 5 lines filed
VIII-1e Government grants$684,946
VIII-1f All other contributions, gifts and grants$205,532
VIII-1h Total contributions, gifts and grants$890,478
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $328,928$328,928
VIII-12 Total revenueRelated to mission $328,928 · Unrelated business $0 · Excluded from tax $0$1,219,406
Part IX · Statement of functional expenses $882,173 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $178,600$178,600
IX-2 Grants to domestic individualsPrograms $68,000$68,000
IX-5 Pay of current officers, directors and key staffPrograms $95,054 · Management $1,367$96,421
IX-7 Other salaries and wagesPrograms $136,828$136,828
IX-9 Other employee benefitsPrograms $6,278 · Management $720$6,998
IX-10 Payroll taxesPrograms $18,186$18,186
IX-11c Accounting feesPrograms $9,944 · Management $508$10,452
IX-11g Other fees for servicesPrograms $188,655 · Management $5,327 · Fundraising $84,362$278,344
IX-12 Advertising and promotionFundraising $108$108
IX-13 Office expensesPrograms $9,530 · Management $78 · Fundraising $99$9,707
IX-14 Information technologyPrograms $3,169 · Management $119 · Fundraising $27$3,315
IX-16 OccupancyPrograms $23,230$23,230
IX-19 Conferences, conventions and meetingsPrograms $1,500$1,500
IX-23 InsurancePrograms $3,981 · Management $1,501$5,482
IX-24 Other expenses (24a–d)Programs $3,611 · Management $832 · Fundraising $15,948$20,391
IX-24e All other expensesPrograms $17,338 · Management $380 · Fundraising $6,893$24,611
IX-25 Total functional expensesPrograms $763,904 · Management $10,832 · Fundraising $107,437$882,173
Part X · Balance sheet $561,155 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $212,028$287,134
X-2 Savings and temporary cash investmentsStart of year $2,504$2,504
X-4 Accounts receivableStart of year $400$269,546
X-9 Prepaid expenses and deferred charges$1,971
X-16 Total assetsStart of year $216,902$561,155
X-17 Accounts payable and accrued expensesStart of year $9,903$16,923
X-26 Total liabilitiesStart of year $9,903$16,923
X-27 Net assets without donor restrictionsStart of year $206,999$544,232
X-32 Total net assets or fund balancesStart of year $206,999$544,232
X-33 Total liabilities and net assetsStart of year $216,902$561,155
Part XI · Reconciliation of net assets $544,232 net assets at year end
XI-1 Total revenue$1,219,406
XI-2 Total expenses$882,173
XI-3 Revenue less expenses$337,233
XI-4 Net assets at start of year$206,999
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$544,232

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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