Tabernacle Community Development Corporation FY2022 filing

Tax-deductible

San Francisco, CA501(c)(3)Community DevelopmentEIN 94-3402767Revenue $3.5M in FY2022

On file with the IRS1485 Bay Shore Blvd Ste 361, 94124-3002 · San Francisco, CATax-exempt since Jan 2002Publicly supported charity — 170(b)(1)(A)(vi)

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The Tabernacle Community Development Corporation is dedicated to ensuring Community vitality in underserved neighborhoods in san francisco. Its five-fold mission, supported by federal, state, and local officials, Community leaders and residents.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
2 of 5
filings with a surplus
Average deficit $62K a year · 2% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $125K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$78K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 10 voting members
Concern: none of 10 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.5M
-29% vs prior year
Spent
$3.9M
To programs
94%
Net assets
$9.8M
By yearFY2020–FY2024
Revenue
$3.5M
FY2022▼ -29%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$4.9M
FY2022$3.5M
FY2023$1.3M
FY2024$2.1M
Expenses
$3.9M
FY2022▼ -13%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$4.5M
FY2022$3.9M
FY2023$1.8M
FY2024$2.2M
Net assets
$9.8M
FY2022▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$10.5M
FY2021$10.2M
FY2022$9.8M
FY2023$9.2M
FY2024$9.2M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Form 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 Jan 2002.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $3.6M Management & general 6% · $231K

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

10 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Tabernacle Community Development Corporation 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

Revitalizes underserved San Francisco neighborhoods through community development initiatives.

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Provided by the organization

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2 programs · $3.6M · in their own filed words · FY2022
01

Tabernacle community development corporation co-sponsored the annual DR. Martin luther king, JR award breakfast celebration hosted by the norcal MLK community foundation. Other accomplshments included assuming the role as fiscal agent for two grass root organizaions.

$3.2Mprogram expense
02

Tabernacle vista provided affordable rental housing to under served members of the san francisco community that might otherwise be displaced. Tabernacle vista is comprised of 22 affordable apartments. The residents are residing in a center city location where transportation is excellent, schools are strong and the environment is safe.

$469Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Moore Impact INCFY2024$125K
Total grants receivedfrom 1 funder$125K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3.5M
Ln 12
Gifts and grantsLn 1h$2.9M
Fees for servicesLn 2g$557K
Money outPt IX
$3.9M
Ln 25
Programscol B$3.6M
Managementcol C$231K
Owns and owesPt X
$9.8M
net assets · Ln 32
Cash and savingsLn 1–2$817K
Total assetsLn 16$9.8M
LiabilitiesLn 26$78K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.9M
Government grantsLn 1e$2.8M
Fees for servicesLn 2g$557K
Total revenueLn 12$3.5M
Assets in detailPt X, end of year
CashLn 1$817K
Cash and savings togetherLn 1–2$817K
Land, buildings, equipmentLn 10c$8.7M
Other assetsLn 15$259K
Total assetsLn 16$9.8M
LiabilitiesLn 26$78K
Net assetsLn 32$9.8M
OperationsPt I, VI
EmployeesI 50
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 FY22End FY22
Cash and savingsLn 1–2$1.1M$817K
Land, buildings, equipmentLn 10c$9.0M$8.7M
Total assetsLn 16$10.4M$9.8M
LiabilitiesLn 26$173K$78K
Net assetsLn 32$10.2M$9.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$540K$540K
Other employee benefitsLn 9$50K$50K
Payroll taxesLn 10$60K$60K
Management feesLn 11a$158K$158K
Legal feesLn 11b$51K$51K
Accounting feesLn 11c$50K$50K
Office expensesLn 13$8K$8K
OccupancyLn 16$12K$12K
Conferences, conventions and meetingsLn 19$795$795
Depreciation, depletion and amortizationLn 22$283K$283K
InsuranceLn 23$46K$46K
Other expenses (24a–d)Ln 24$2.5M$2.5M
All other expensesLn 24e$97K$83K$14K
Total functional expensesLn 25$3.9M$3.6M$231K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.1M$2.2M−$69K$9.2M 990 PDF
FY2023 $1.3M$1.8M−$476K$9.2M 990 PDF
FY2022 Viewing $3.5M$3.9M−$372K$9.8M 990 PDF
FY2021 $4.9M$4.5M$445K$10.2M 990 PDF
FY2020 $1.3M$1.2M$163K$10.5M 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 FY2022 990 (6 parts)
Part I · Summary $3,500,717 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,489,355$2,943,904
I-9 Program service revenuePrior year $1,423,313$556,813
I-10 Investment incomePrior year $52$0
I-11 Other revenue$0
I-12 Total revenuePrior year $4,912,720$3,500,717
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $966,523$650,218
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $3,501,358$3,222,308
I-18 Total expensesPrior year $4,467,881$3,872,526
I-19 Revenue less expensesPrior year $444,839−$371,809
Part VI · Governance 0 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members0
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 $3,500,717 across 5 lines filed
VIII-1e Government grants$2,778,891
VIII-1f All other contributions, gifts and grants$165,013
VIII-1h Total contributions, gifts and grants$2,943,904
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $556,813$556,813
VIII-12 Total revenueRelated to mission $556,813 · Unrelated business $0 · Excluded from tax $0$3,500,717
Part IX · Statement of functional expenses $3,872,526 across 13 lines filed
IX-7 Other salaries and wagesPrograms $539,682$539,682
IX-9 Other employee benefitsPrograms $50,384$50,384
IX-10 Payroll taxesPrograms $60,152$60,152
IX-11a Management feesManagement $158,467$158,467
IX-11b Legal feesPrograms $51,205$51,205
IX-11c Accounting feesManagement $50,400$50,400
IX-13 Office expensesManagement $7,892$7,892
IX-16 OccupancyPrograms $12,131$12,131
IX-19 Conferences, conventions and meetingsManagement $795$795
IX-22 Depreciation, depletion and amortizationPrograms $282,569$282,569
IX-23 InsurancePrograms $46,452$46,452
IX-24 Other expenses (24a–d)Programs $2,515,400$2,515,400
IX-24e All other expensesPrograms $83,070 · Management $13,927$96,997
IX-25 Total functional expensesPrograms $3,641,045 · Management $231,481 · Fundraising $0$3,872,526
Part X · Balance sheet $9,831,033 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,072,639$817,316
X-4 Accounts receivableStart of year $108,546$48,023
X-9 Prepaid expenses and deferred chargesStart of year $10,501$10,095
X-10c Land, buildings and equipment, netStart of year $8,957,553$8,696,775
X-15 Other assetsStart of year $208,679$258,824
X-16 Total assetsStart of year $10,357,918$9,831,033
X-17 Accounts payable and accrued expensesStart of year $146,470$52,622
X-25 Other liabilitiesStart of year $26,549$25,744
X-26 Total liabilitiesStart of year $173,019$78,366
X-27 Net assets without donor restrictionsStart of year $9,824,397$9,452,588
X-28 Net assets with donor restrictionsStart of year $360,502$300,079
X-32 Total net assets or fund balancesStart of year $10,184,899$9,752,667
X-33 Total liabilities and net assetsStart of year $10,357,918$9,831,033
Part XI · Reconciliation of net assets $9,752,667 net assets at year end
XI-1 Total revenue$3,500,717
XI-2 Total expenses$3,872,526
XI-3 Revenue less expenses−$371,809
XI-4 Net assets at start of year$10,184,899
XI-8 Prior period adjustments−$60,423
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,752,667

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

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