Builds bridges between funders artists entrepreneurs & marginalized communities.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$301K 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $224K a year · 23% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$301K
to officers and key staff · 34% of spending
Concern: pay to officers and key staff is 34% of spending; over 30%.
Pt VII · Sec A
19 mo
of spending, in cash
Looks good: 19.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $68K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$24K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 5 voting members
Looks good: 3 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.8M
+451% vs prior year
Spent
$890K
To programs
84%
Net assets
$2.7M
By yearFY2020–FY2025
Revenue
$2.8M
FY2022▲ +451%
Tap a bar for its year
Revenue by fiscal year
FY2020$501K
FY2021$500K
FY2022$2.8M
FY2023$505K
FY2024$463K
FY2025$1.1M
Expenses
$890K
FY2022▲ +401%
Tap a bar for its year
Expenses by fiscal year
FY2020$295K
FY2021$178K
FY2022$890K
FY2023$1.2M
FY2024$951K
FY2025$1.0M
Net assets
$2.7M
FY2022▲ +233%
Tap a bar for its year
Net assets by fiscal year
FY2020$475K
FY2021$798K
FY2022$2.7M
FY2023$2.0M
FY2024$1.6M
FY2025$1.6M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2017.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $752K Management & general 12% · $109K Fundraising 3% · $29K

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

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990; $301K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Operating Officer
$170,183Pt VII · Sec A
Director & Chief Executive Officer
$128,502Pt VII · Sec A
Director
$1,950Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Jenna Nicholas’s $198K as Director Chief Executive Officer is at the 66th percentile of top reported officer pay among 2832 $1–10M 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 · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jenna Nicholas$198,467$190,000$180,002$128,502$61,500$84,750
Olabayo Allen-Taylor——$171,500$170,183——
Olabayo S Allen-Taylor$101,699$163,717————
Yejide a Olutosin$79,367$142,000————
Lakecia Easley$117,638—————
Robin Van Der Vegt$100,500—————
Amanda Greco——$1,000$1,950——

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 Impact Experience Institute executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Connects funders and artists with entrepreneurs and communities, while decarbonizing corporate finance.

Questions for Impact Experience Institute

Tap to ask. Impact Experience Institute sees how many people are interested.

Your first name shows with your question. Impact Experience Institute answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $752K · in their own filed words · FY2022
01

Working with organizations and individuals to engage around key topics of bias reduction and racial justice in climate, healthcare, finance and education in particular.

$752Kprogram 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 3 funders$68K
See all 3 funders →
Grants paid · 1 grant · $10K · 2023–2023
The Milken InstituteCA · FY2023$10,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.8M
Ln 12
Gifts and grantsLn 1h$2.6M
Fees for servicesLn 2g$120K
Investment incomeLn 3$4K
Money outPt IX
$890K
Ln 25
Programscol B$752K
Managementcol C$109K
Fundraisingcol D$29K
Owns and owesPt X
$2.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$2.7M
LiabilitiesLn 26$24K
PeoplePt VI, VII
6
listed · VII A
PaidVII A3
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.6M
Noncash giftsLn 1g$244K
Fees for servicesLn 2g$120K
Investment incomeLn 3$4K
Total revenueLn 12$2.8M
Assets in detailPt X, end of year
CashLn 1$513K
SavingsLn 2$922K
Cash and savings togetherLn 1–2$1.4M
InvestmentsLn 11–13$242K
Total assetsLn 16$2.7M
LiabilitiesLn 26$24K
Net assetsLn 32$2.7M
OperationsPt I, VI
EmployeesI 55
VolunteersI 63
Fiscal year endsHeaderDecember
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 FY22End FY22
Cash and savingsLn 1–2$698K$1.4M
InvestmentsLn 11–13$242K
Total assetsLn 16$800K$2.7M
LiabilitiesLn 26$3K$24K
Net assetsLn 32$798K$2.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$8K$8K
Pay of current officers, directors and key staffLn 5$301K$254K$31K$15K
Other salaries and wagesLn 7$88K$70K$10K$8K
Payroll taxesLn 10$20K$16K$2K$2K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$13K$13K
Other fees for servicesLn 11g$353K$320K$34K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$23K$6K$17K
TravelLn 17$75K$75K$35
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$5K$261$1K$4K
Total functional expensesLn 25$890K$752K$109K$29K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$1.0M$130K$1.6M 990 PDF
FY2024 $463K$951K−$488K$1.6M 990 PDF
FY2023 $505K$1.2M−$690K$2.0M 990 PDF
FY2022 Viewing $2.8M$890K$1.9M$2.7M 990 PDF
FY2021 $500K$178K$322K$798K 990 PDF
FY2020 $501K$295K$206K$475K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $2,754,546 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $257,061$2,630,684
I-9 Program service revenuePrior year $243,189$120,124
I-10 Investment incomePrior year $53$3,738
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $500,303$2,754,546
I-13 Grants and similar amounts paidPrior year $2,000$7,811
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $61,500$408,447
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $114,355$474,079
I-18 Total expensesPrior year $177,855$890,337
I-19 Revenue less expensesPrior year $322,448$1,864,209
Part VI · Governance 3 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,754,546 across 6 lines filed
VIII-1f All other contributions, gifts and grants$2,630,684
VIII-1g Noncash contributions (included above)$244,256
VIII-1h Total contributions, gifts and grants$2,630,684
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $120,124$120,124
VIII-3 Investment incomeExcluded from tax $3,738$3,738
VIII-12 Total revenueRelated to mission $120,124 · Unrelated business $0 · Excluded from tax $3,738$2,754,546
Part IX · Statement of functional expenses $890,337 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $7,811$7,811
IX-5 Pay of current officers, directors and key staffPrograms $254,024 · Management $31,121 · Fundraising $15,490$300,635
IX-7 Other salaries and wagesPrograms $70,195 · Management $9,625 · Fundraising $7,993$87,813
IX-10 Payroll taxesPrograms $16,148 · Management $2,040 · Fundraising $1,811$19,999
IX-11b Legal feesPrograms $1,424$1,424
IX-11c Accounting feesManagement $13,328$13,328
IX-11g Other fees for servicesPrograms $319,528 · Management $33,763$353,291
IX-12 Advertising and promotionPrograms $1,326$1,326
IX-13 Office expensesPrograms $5,922 · Management $16,685$22,607
IX-17 TravelPrograms $75,428 · Management $35$75,463
IX-23 InsuranceManagement $1,207$1,207
IX-24 Other expenses (24a–d)Programs $261 · Management $1,388 · Fundraising $3,784$5,433
IX-25 Total functional expensesPrograms $752,067 · Management $109,192 · Fundraising $29,078$890,337
Part X · Balance sheet $2,684,579 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $19,030$512,675
X-2 Savings and temporary cash investmentsStart of year $678,675$921,703
X-4 Accounts receivable$1,000,000
X-9 Prepaid expenses and deferred chargesStart of year $100,060$7,830
X-11 Publicly traded securities$242,371
X-16 Total assetsStart of year $800,419$2,684,579
X-17 Accounts payable and accrued expensesStart of year $2,564$13,566
X-19 Deferred revenue$10,616
X-26 Total liabilitiesStart of year $2,564$24,182
X-27 Net assets without donor restrictionsStart of year $797,855$928,552
X-28 Net assets with donor restrictions$1,731,845
X-32 Total net assets or fund balancesStart of year $797,855$2,660,397
X-33 Total liabilities and net assetsStart of year $800,419$2,684,579
Part XI · Reconciliation of net assets $2,660,397 net assets at year end
XI-1 Total revenue$2,754,546
XI-2 Total expenses$890,337
XI-3 Revenue less expenses$1,864,209
XI-4 Net assets at start of year$797,855
XI-5 Net unrealized gains (losses) on investments−$1,691
XI-8 Prior period adjustments$24
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,660,397

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.