Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2019.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
74 cents of each dollar spent went to programs.
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
26 people listed on the 990; $774K paid to officers and key staff.
Joseph a Antolin’s $277K as President and CEO is at the 93rd percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking 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 · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Joseph a Antolin | $276,718 | $270,846 | $249,708 | $214,885 | $191,750 | $216,300 |
| Karen Murrell | — | $130,309 | $191,363 | $213,113 | $185,550 | $170,625 |
| Annika Little | $199,719 | $195,236 | $193,228 | $160,215 | $157,333 | $150,360 |
| Abby Hughes Holsclaw | $167,652 | $155,524 | $163,466 | — | $128,045 | $130,908 |
| Leah Mayor | $156,273 | $122,046 | $116,050 | — | — | — |
| Karama Neal | $149,432 | $115,909 | — | — | — | — |
| Rebeca Rangel | $148,734 | $103,003 | — | — | — | — |
| Sara Bishop | $135,025 | — | — | — | — | — |
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.
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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 15aNo
Programs and updates
Connects funders to boost economic opportunity for low-income people.
Questions for Asset Funders Network
Your first name shows with your question. Asset Funders Network answers here, for everyone.
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Regions and regional projects seek to connect grantmakers and colleagues in nonprofit, public, and private sectors to facilitate collaboration and maximize their impact on individual, family, and community wealth.
Communications and national projects are broadly focused to build economic well-being for low- and middle-income people.
Conferences build awareness of key issues, promising approaches, and timely, relevant research to support strategic and impactful investments.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $157K | $1.4M |
| Total assetsLn 16 | $493K | $2.5M |
| LiabilitiesLn 26 | $73K | $203K |
| Net assetsLn 32 | $420K | $2.3M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $216K | $26K | $172K | $19K |
| Other salaries and wagesLn 7 | $1.3M | $1.1M | $201K | $83K |
| Accounting feesLn 11c | $20K | $14K | $5K | $1K |
| Other fees for servicesLn 11g | $296K | $295K | $458 | $126 |
| Office expensesLn 13 | $11K | $8K | $3K | $719 |
| Information technologyLn 14 | $27K | $19K | $6K | $2K |
| TravelLn 17 | $3K | $3K | $187 | $51 |
| Conferences, conventions and meetingsLn 19 | $9K | $8K | $702 | $193 |
| InsuranceLn 23 | $2K | $1K | $415 | $114 |
| Other expenses (24a–d)Ln 24 | $2K | $2K | $579 | $159 |
| Total functional expensesLn 25 | $1.9M | $1.4M | $389K | $107K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $4.6M | $5.6M | −$986K | $1.1M | 990 PDF |
| FY2024 | $4.8M | $5.4M | −$507K | $2.1M | 990 PDF |
| FY2023 | $4.4M | $4.4M | $3K | $2.6M | 990 PDF |
| FY2022 | $3.6M | $3.4M | $230K | $2.6M | 990 PDF |
| FY2021 | $2.8M | $2.7M | $60K | $2.4M | 990 PDF |
| FY2020 Viewing | $3.8M | $1.9M | $1.9M | $2.3M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $3,844,529 revenue, 12 lines filed
Part VI · Governance 14 of 15 board members independent, 1 to look at
Part VIII · Statement of revenue $3,844,529 across 6 lines filed
Part IX · Statement of functional expenses $1,927,021 across 10 lines filed
Part X · Balance sheet $2,540,695 assets, 9 lines filed
Part XI · Reconciliation of net assets $2,337,336 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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