Fights systemic racism by funding community-owned businesses for economic justice.
Leadership
Ismail Samad · Co Founder Chief Equity Officer · $13K
Money in and out
$106K revenue, $89K expenses
Bottom line
100% program efficiency
Fights systemic racism by funding community-owned businesses for economic justice.
For fiscal year 2021 it reported $106K in revenue, $89K in expenses, and $37K in net assets.Pt I
Where the money goes · FY2021
Total revenue
$106K
Pt VIII · Ln 12
Total expenses
$89K
Pt IX · Ln 25
Net assets
$37K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $17K
Where spending went · Part IX cols B–D
100%
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
2.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+16%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2021 · Form 990
Revenue
$106K
FY2021
$291K$145K$0
FY2021FY2023
Expenses
$89K
FY2021
$221K$110K$0
FY2021FY2023
Total assets
$57K
FY2021
$200K$100K$0
FY2021FY2023
Total liabilities
$20K
FY2021
$123K$62K$0
FY2021FY2023
Total revenue
$106K
Pt VIII · Ln 12
Total expenses
$89K
Pt IX · Ln 25
Net assets
$37K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$17K
Total assetsPt X · Ln 16$57K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III
Where the work happens
3 program services account for $40K of program spending, described in the organization's own filed words · FY2020.
01
Sanctuary Homes Pilot is designed to be a neighborhood improvement program that works with homeowners, and property owners to increase the value in their land and property.
$20Kprogram expense
02
Voive and Culture pilot will bring the dreams, hidden stories, history, lifeways and realities of East Cleveland's African-American community to life through gatherings, podcasts, books, news, service, art, music, film and video.
$10Kprogram expense
03
Loiter Sports health and wellness pilot is a community offering to help address health and wellbeing through recreation
Ismail Samad’s $27K as Cofounder
is at the 14th percentile of top reported officer pay among 1711 $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 · 2 named individuals · Part VII
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.
Individual Ismail Samad · Reported title Co Founder Chief Equity Officer · Highest reported compensation $13K · Total expenses $89K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $4K · Total expenses $89K
4%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
100%
—
—
Overhead ratio
0%
—
—
Fundraising cost ratio
0%
—
—
Investment management fee ratio
0%
—
—
Legal fee ratio
0%
—
—
Accounting fee ratio
0%
—
—
Fundraising fee ratio
0%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Want to add your own materials alongside these filings? Claim this org
Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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