We support leaders of color to cultivate intentional community and economic sovereignty. We invest in communities that historically struggle to maintain vibrant economies. We provide support for businesses,social justice organizations,community land trusts,grassroots urban plans.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$120K 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
1 of 3
filings with a surplus
Average deficit $289K a year · 27% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$120K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
19 mo
of spending, in cash
Looks good: 18.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $70K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
+875% vs prior year
Spent
$725K
To programs
88%
Net assets
$1.1M
By yearFY2021–FY2024
Revenue
$1.9M
FY2022▲ +875%
Tap a bar for its year
Revenue by fiscal year
FY2021$190K
FY2022$1.9M
FY2023$910K
FY2024$395K
Expenses
$725K
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022$725K
FY2023$1.0M
FY2024$2.3M
Net assets
$1.1M
FY2022▲ ×112
Tap a bar for its year
Net assets by fiscal year
FY2021$10K
FY2022$1.1M
FY2023$2.3M
FY2024$393K

From the FY2022 Form 990 · see the original

990 PDF Claim
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 Aug 2020.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $636K Management & general 10% · $70K Fundraising 3% · $19K

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

2 people listed on the 990; $120K paid to officers and key staff.

Part VII, Section A · reportable compensation
Secretary
$60,000Pt VII · Sec A
President
$60,000Pt VII · Sec A

B Cole’s $150K as Co-Executive Director is at the 98th percentile of top reported officer pay among 2168 $100K–1M human services 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
B Cole$150,000$84,000$60,000—
Aisha Pew$150,000$86,988—$29,058
A Pew——$60,000—
Breonna Cole———$32,348

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 City Dibs 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

Empowering leaders of color to build community and economic independence through business and social justice support.

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Provided by the organization

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1 program · $636K · in their own filed words · FY2022
01

Community economic development & organizing program is the process of building power collectively to fight for our neighborhoods,community and sovereignty. Focused on tenants we worked to imagine possibilities, tackle problems together and enlist the support of those who can help us fight for healthy, sustainable and free neighborhoods…

$636Kprogram 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 2 funders$70K
Grants paid · 27 grants · $1.4M · 2022–2024
East Bay Permanent Real Estate CorpFY2024$200,000
Holistic Underground INCCA · FY2024$135,000
Norcal ResistCA · FY2024$125,000
Individual RecipientFY2024$52,500
Individual RecipientFY2024$50,000
Whitelock Community FarmMD · FY2024$20,000
Unitemized GrantFY2024$16,900
Plant Mama Alchemy LLCFY2024$15,000
Holistic Wellness and HealthFY2024$15,000
Smalltimore Homes INCMD · FY2024$13,000
Individual RecipientFY2024$13,000
Individual RecipientFY2024$10,000
Individual RecipientFY2024$10,000
City Weeds LLCFY2024$10,000
Individual RecipientFY2024$5,000
See all 27 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$1.9M
Investment incomeLn 3$3K
Money outPt IX
$725K
Ln 25
Programscol B$636K
Managementcol C$70K
Fundraisingcol D$19K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.1M
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A2
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.9M
Investment incomeLn 3$3K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$135K
SavingsLn 2$1.0M
Cash and savings togetherLn 1–2$1.1M
Total assetsLn 16$1.1M
LiabilitiesLn 26$0
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 59
VolunteersI 656
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
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$10K$1.1M
Total assetsLn 16$10K$1.1M
LiabilitiesLn 26$0$0
Net assetsLn 32$10K$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$257K$257K
Pay of current officers, directors and key staffLn 5$120K$92K$18K$10K
Other salaries and wagesLn 7$94K$72K$14K$8K
Payroll taxesLn 10$16K$13K$2K$1K
Management feesLn 11a$131K$126K$5K
Legal feesLn 11b$22K$22K
Other fees for servicesLn 11g$2K$1K$230$124
Office expensesLn 13$10K$2K$9K
TravelLn 17$72K$72K
Total functional expensesLn 25$725K$636K$70K$19K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $395K$2.3M−$1.9M$393K 990 PDF
FY2023 $910K$1.0M−$111K$2.3M 990 PDF
FY2022 Viewing $1.9M$725K$1.1M$1.1M 990 PDF
FY2021 $190K$10K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $1,852,610 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $189,921$1,850,000
I-9 Program service revenue$0
I-10 Investment incomePrior year $5$2,610
I-11 Other revenue$0
I-12 Total revenuePrior year $189,926$1,852,610
I-13 Grants and similar amounts paid$256,755
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $81,936$229,876
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $100,850$238,339
I-18 Total expensesPrior year $182,786$724,970
I-19 Revenue less expensesPrior year $7,140$1,127,640
Part VI · Governance 2 of 2 board members independent, 3 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,852,610 across 4 lines filed
VIII-1f All other contributions, gifts and grants$1,850,000
VIII-1h Total contributions, gifts and grants$1,850,000
VIII-3 Investment incomeExcluded from tax $2,610$2,610
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $2,610$1,852,610
Part IX · Statement of functional expenses $724,970 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $256,755$256,755
IX-5 Pay of current officers, directors and key staffPrograms $92,408 · Management $17,544 · Fundraising $10,048$120,000
IX-7 Other salaries and wagesPrograms $72,025 · Management $13,675 · Fundraising $7,832$93,532
IX-10 Payroll taxesPrograms $12,586 · Management $2,385 · Fundraising $1,373$16,344
IX-11a Management feesPrograms $126,409 · Management $4,963$131,372
IX-11b Legal feesManagement $22,500$22,500
IX-11g Other fees for servicesPrograms $1,185 · Management $230 · Fundraising $124$1,539
IX-13 Office expensesPrograms $1,802 · Management $8,659$10,461
IX-17 TravelPrograms $72,467$72,467
IX-25 Total functional expensesPrograms $635,637 · Management $69,956 · Fundraising $19,377$724,970
Part X · Balance sheet $1,137,806 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $10,166$135,261
X-2 Savings and temporary cash investments$1,002,545
X-16 Total assetsStart of year $10,166$1,137,806
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $10,166$1,137,806
X-32 Total net assets or fund balancesStart of year $10,166$1,137,806
X-33 Total liabilities and net assetsStart of year $10,166$1,137,806
Part XI · Reconciliation of net assets $1,137,806 net assets at year end
XI-1 Total revenue$1,852,610
XI-2 Total expenses$724,970
XI-3 Revenue less expenses$1,127,640
XI-4 Net assets at start of year$10,166
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,137,806

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

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