Model Transitions Foundation FY2023 filing

Tax-deductible

Oakland, CA501(c)(3)Since 2001Foundations & GrantmakersEIN 91-2168651Revenue $8K in FY2023

On file with the IRS200 Frank H Ogawa Plz, 94612-2005 · Oakland, CATax-exempt since Dec 2003Supporting organization — 509(a)(3)

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None. The unadopted mission is to conduct and support activities for the benefit of the east bay community Foundation.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2023 · 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
2 of 6
filings with a surplus
Average deficit $73K a year · 348% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
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 5 voting members
Worth a look: 2 of 5 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8K
-83% vs prior year
Spent
$162K
To programs
95%
Net assets
$305K
By yearFY2020–FY2025
Revenue
$8K
FY2023▼ -83%
Tap a bar for its year
Revenue by fiscal year
FY2020$5K
FY2021$40K
FY2022$49K
FY2023$8K
FY2024$14K
FY2025$11K
Expenses
$162K
FY2023▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$34K
FY2021$35K
FY2022$165K
FY2023$162K
FY2024$11K
FY2025$160K
Net assets
$305K
FY2023▼ -28%
Tap a bar for its year
Net assets by fiscal year
FY2020$533K
FY2021$655K
FY2022$426K
FY2023$305K
FY2024$329K
FY2025$196K

From the FY2023 Form 990 (year ending June 2023) · see the original

990 PDF Claim
You’re viewing the FY2023 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 2003.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $153K Management & general 5% · $9K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President/CEO (started 11/14/22)
$0Pt VII · Sec A
$0Pt VII · Sec A
SR Advr (cfo/Sec/Treas Thru 3/6/23)
$0Pt VII · Sec A
See Model Transitions Foundation 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 15aNo

Programs and updates

Supports community foundation activities benefiting the East Bay.

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Provided by the organization

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1 program · $153K · in their own filed words · FY2022
01

To provide financial support to east bay community foundation (ebcf) to support its philanthropic mission; support grantee organizations that provide educational services and economic development to individuals and communities within the east bay.

$153Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $490K · 2019–2024
East Bay Community FoundationCA · FY2024$150,000
East Bay Community FoundationCA · FY2022$150,000
East Bay Community FoundationCA · FY2021$150,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$8K
Ln 12
Investment incomeLn 3$8K
Money outPt IX
$162K
Ln 25
Programscol B$153K
Managementcol C$9K
Owns and owesPt X
$305K
net assets · Ln 32
Total assetsLn 16$305K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$8K
Gains on assetsLn 7$726
Total revenueLn 12$8K
Assets in detailPt X, end of year
InvestmentsLn 11–13$305K
Total assetsLn 16$305K
LiabilitiesLn 26$0
Net assetsLn 32$305K
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderJune
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 FY23End FY23
InvestmentsLn 11–13$426K$305K
Total assetsLn 16$426K$305K
LiabilitiesLn 26$0$0
Net assetsLn 32$426K$305K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$150K$150K
Management feesLn 11a$6K$3K$3K
Accounting feesLn 11c$5K$5K
Investment management feesLn 11f$1K$1K
Office expensesLn 13$25$25
Total functional expensesLn 25$162K$153K$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $11K$160K−$150K$196K 990 PDF
FY2024 $14K$11K$3K$329K 990 PDF
FY2023 Viewing $8K$162K−$153K$305K 990 PDF
FY2022 $49K$165K−$117K$426K 990 PDF
FY2021 $40K$35K$5K$655K 990 PDF
FY2020 $5K$34K−$29K$533K 990 PDF

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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 FY2023 990 (6 parts)
Part I · Summary $8,273 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $48,682$8,273
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $48,682$8,273
I-13 Grants and similar amounts paidPrior year $150,000$150,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $15,336$11,757
I-18 Total expensesPrior year $165,336$161,757
I-19 Revenue less expensesPrior year −$116,654−$153,484
Part VI · Governance 2 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members2
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $8,273 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $7,547$7,547
VIII-7 Net gain or loss on sales of assetsExcluded from tax $726$726
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $8,273$8,273
Part IX · Statement of functional expenses $161,757 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $150,000$150,000
IX-11a Management feesPrograms $2,933 · Management $2,933$5,866
IX-11c Accounting feesManagement $4,700$4,700
IX-11f Investment management feesManagement $1,166$1,166
IX-13 Office expensesManagement $25$25
IX-25 Total functional expensesPrograms $152,933 · Management $8,824 · Fundraising $0$161,757
Part X · Balance sheet $305,284 assets, 6 lines filed
X-11 Publicly traded securitiesStart of year $426,273$305,284
X-16 Total assetsStart of year $426,273$305,284
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $426,273$305,284
X-32 Total net assets or fund balancesStart of year $426,273$305,284
X-33 Total liabilities and net assetsStart of year $426,273$305,284
Part XI · Reconciliation of net assets $305,284 net assets at year end
XI-1 Total revenue$8,273
XI-2 Total expenses$161,757
XI-3 Revenue less expenses−$153,484
XI-4 Net assets at start of year$426,273
XI-5 Net unrealized gains (losses) on investments$32,495
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$305,284

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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