Potlikker Capital

Tax-deductible

San Leandro, CA501(c)(3)Community DevelopmentEIN 85-2051176Revenue $1.8M in FY2024

On file with the IRSpotlikkercapital.com34 Broadmoor Blvd, 94577-0000 · San Leandro, CATax-exempt since Oct 2022Supporting org, Type II — 509(a)(3)

This page gets seen. Tell your story. Claim this org.

501(c)(3) charity; gifts are tax-deductible.
56¢ of each $1 spent went to programs.
Run by 16 volunteers and 3 employees.
Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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 $119K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
56%
of spending
Worth a look: 56% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$597K
to officers and key staff · 19% of spending
Top officer’s pay higher than 67% of similar orgs
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
40 mo
of spending, in cash
Looks good: 40.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $1.7M
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$14.8M
98% of total assets
Concern: liabilities are 98% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 8 voting members
Looks good: 6 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
-28% vs prior year
Spent
$3.2M
To programs
56%
Net assets
$289K
By yearFY2020–FY2024
Revenue
$1.8M
FY2024▼ -28%
Tap a bar for its year
Revenue by fiscal year
FY2020$538K
FY2021$1.0M
FY2022$1.3M
FY2023$2.5M
FY2024$1.8M
Expenses
$3.2M
FY2024▲ +57%
Tap a bar for its year
Expenses by fiscal year
FY2020$22K
FY2021$234K
FY2022$1.1M
FY2023$2.0M
FY2024$3.2M
Net assets
$289K
FY2024▼ -85%
Tap a bar for its year
Net assets by fiscal year
FY2020$516K
FY2021$1.3M
FY2022$1.5M
FY2023$2.0M
FY2024$289K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2022.

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

Where the money goes

56 cents of each dollar spent went to programs.

Program services 56% · $1.8M Management & general 36% · $1.1M Fundraising 8% · $255K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

10 people listed on the 990; $597K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/ C
$200,905Pt VII · Sec A
Dir Invest R
$139,171Pt VII · Sec A
Field Direct
$128,974Pt VII · Sec A
Managing Dir
$74,288Pt VII · Sec A
$53,170Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Mark Watson’s $201K as President/ C is at the 67th 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 · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Mark Watson$200,905$153,295$150,000$112,637
Lolita Dunn$139,171$127,073——
Juan Escareno$128,974$110,246——
Jenny Miller——$106,538$36,104
Lisa Clotter$74,288$101,942——
Erika Williams$53,170———

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 Potlikker Capital executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Provides financing and support to farmers adopting regenerative agricultural practices, building resilience and sustainable food systems.

Questions for Potlikker Capital

Tap to ask. Potlikker Capital sees how many people are interested.

Your first name shows with your question. Potlikker Capital answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $1.8M · in their own filed words · FY2024
01

Potlikker advances regenerative farming practices through four interconnected goals: 1) capital that enable ecological stewardship 2) capacity that supports governance and growth 3) connections that build collective resilience and 4) capital models that reflect values over extraction.

$1.8Mprogram 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
See all 9 funders →
Grants paid · 26 grants · $540K · 2022–2024
Jubilee Justice INCLA · FY2024$43,500
Generation Tree ServicesFY2024$31,136
Corbin Hill Road FarmFY2024$25,000
Somali Bantu Community AssocationFY2024$25,000
Triple J Farm 1985 LLCFY2024$25,000
Love Cattle Co LLCFY2024$24,000
Thompson FarmFY2024$20,000
Zafa Wines LLCFY2024$10,000
Unitemized GrantFY2024$7,920
Shumpert Farms LLCFY2024$7,920
Cjones Farms LLCFY2024$7,920
5 Cannon FarmFY2024$7,920
You First FarmFY2024$7,920
Pl 88 FarmFY2024$7,920
Norris Family Pasture Farm LLCFY2024$7,920
Triple Eaton FarmFY2024$7,920
Pj4 Services LLCFY2024$7,920
Roy Mosley Farms LLCFY2024$7,000
See all 26 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Gifts and grantsLn 1h$1.6M
Fees for servicesLn 2g$130K
Investment incomeLn 3$26K
Money outPt IX
$3.2M
Ln 25
Programscol B$1.8M
Managementcol C$1.1M
Fundraisingcol D$255K
Owns and owesPt X
$289K
net assets · Ln 32
Cash and savingsLn 1–2$10.6M
Total assetsLn 16$15.1M
LiabilitiesLn 26$14.8M
PeoplePt VI, VII
10
listed · VII A
PaidVII A5
Voting boardVI 1a8
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Fees for servicesLn 2g$130K
Investment incomeLn 3$26K
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$9.5M
SavingsLn 2$1.0M
Cash and savings togetherLn 1–2$10.6M
InvestmentsLn 11–13$3.2M
Total assetsLn 16$15.1M
LiabilitiesLn 26$14.8M
Net assetsLn 32$289K
OperationsPt I, VI
EmployeesI 53
VolunteersI 616
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$5.0M$10.6M
InvestmentsLn 11–13$1.3M$3.2M
Total assetsLn 16$7.4M$15.1M
LiabilitiesLn 26$5.4M$14.8M
Net assetsLn 32$2.0M$289K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$276K$276K
Grants to domestic individualsLn 2$8K$8K
Pay of current officers, directors and key staffLn 5$298K$137K$108K$53K
Other salaries and wagesLn 7$765K$521K$107K$137K
Other employee benefitsLn 9$119K$82K$10K$27K
Payroll taxesLn 10$81K$51K$16K$15K
Legal feesLn 11b$31K$31K
Accounting feesLn 11c$120K$120K
Other fees for servicesLn 11g$504K$312K$187K$6K
Advertising and promotionLn 12$51K$51K
Office expensesLn 13$77K$345$70K$6K
Information technologyLn 14$37K$634$36K
OccupancyLn 16$37K$37K
TravelLn 17$375K$87K$277K$11K
Conferences, conventions and meetingsLn 19$28K$5K$23K
InterestLn 20$89K$89K$359
InsuranceLn 23$47K$47K
Other expenses (24a–d)Ln 24$220K$154K$65K$1K
Total functional expensesLn 25$3.2M$1.8M$1.1M$255K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.8M$3.2M−$1.4M$289K 990 PDF
FY2023 $2.5M$2.0M$488K$2.0M 990 PDF
FY2022 $1.3M$1.1M$145K$1.5M 990 PDF
FY2021 $1.0M$234K$807K$1.3M 990 PDF
FY2020 $538K$22K$516K$516K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 (6 parts)
Part I · Summary $1,805,017 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,417,205$1,649,134
I-9 Program service revenuePrior year $38,196$130,321
I-10 Investment incomePrior year $43,725$25,562
I-11 Other revenue$0
I-12 Total revenuePrior year $2,499,126$1,805,017
I-13 Grants and similar amounts paidPrior year $148,500$284,416
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $856,385$1,263,350
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,006,437$1,615,897
I-18 Total expensesPrior year $2,011,322$3,163,663
I-19 Revenue less expensesPrior year $487,804−$1,358,646
Part VI · Governance 6 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
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 $1,805,017 across 6 lines filed
VIII-1d Related organizations$14,800
VIII-1f All other contributions, gifts and grants$1,634,334
VIII-1h Total contributions, gifts and grants$1,649,134
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $130,321$130,321
VIII-3 Investment incomeExcluded from tax $25,562$25,562
VIII-12 Total revenueRelated to mission $130,321 · Excluded from tax $25,562$1,805,017
Part IX · Statement of functional expenses $3,163,663 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $276,496$276,496
IX-2 Grants to domestic individualsPrograms $7,920$7,920
IX-5 Pay of current officers, directors and key staffPrograms $137,353 · Management $108,258 · Fundraising $52,828$298,439
IX-7 Other salaries and wagesPrograms $520,751 · Management $106,960 · Fundraising $137,100$764,811
IX-9 Other employee benefitsPrograms $82,435 · Management $9,634 · Fundraising $26,592$118,661
IX-10 Payroll taxesPrograms $51,122 · Management $15,551 · Fundraising $14,766$81,439
IX-11b Legal feesManagement $31,400$31,400
IX-11c Accounting feesManagement $120,327$120,327
IX-11g Other fees for servicesPrograms $311,946 · Management $186,668 · Fundraising $5,600$504,214
IX-12 Advertising and promotionPrograms $50,732$50,732
IX-13 Office expensesPrograms $345 · Management $69,969 · Fundraising $6,304$76,618
IX-14 Information technologyPrograms $634 · Management $35,979$36,613
IX-16 OccupancyManagement $36,678$36,678
IX-17 TravelPrograms $87,015 · Management $276,678 · Fundraising $11,175$374,868
IX-19 Conferences, conventions and meetingsPrograms $5,100 · Management $22,505$27,605
IX-20 InterestPrograms $89,113 · Management $359$89,472
IX-23 InsuranceManagement $47,200$47,200
IX-24 Other expenses (24a–d)Programs $154,083 · Management $65,066 · Fundraising $1,021$220,170
IX-25 Total functional expensesPrograms $1,775,045 · Management $1,133,232 · Fundraising $255,386$3,163,663
Part X · Balance sheet $15,098,113 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $2,994,617$9,547,723
X-2 Savings and temporary cash investmentsStart of year $2,036,876$1,023,042
X-3 Pledges and grants receivableStart of year $1,033,206$1,337,150
X-9 Prepaid expenses and deferred chargesStart of year $4,500$4,500
X-13 Program-related investmentsStart of year $1,315,214$3,185,698
X-16 Total assetsStart of year $7,387,917$15,098,113
X-17 Accounts payable and accrued expensesStart of year $44,543$333,766
X-19 Deferred revenue$700,000
X-24 Unsecured notes and loans payableStart of year $5,387,500$13,775,237
X-26 Total liabilitiesStart of year $5,432,043$14,809,003
X-27 Net assets without donor restrictionsStart of year $1,955,874−$1,061,801
X-28 Net assets with donor restrictions$1,350,911
X-32 Total net assets or fund balancesStart of year $1,955,874$289,110
X-33 Total liabilities and net assetsStart of year $7,387,917$15,098,113
Part XI · Reconciliation of net assets $289,110 net assets at year end
XI-1 Total revenue$1,805,017
XI-2 Total expenses$3,163,663
XI-3 Revenue less expenses−$1,358,646
XI-4 Net assets at start of year$1,955,874
XI-8 Prior period adjustments−$308,118
XI-10 Net assets at end of year$289,110

Form 990 e-file (XML) FY2024 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

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.