Skip to content
Nonprofiteer
← RICHMOND COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by RICHMOND COMMUNITY FOUNDATION.

Totals

Total revenue
$9,099,693
Total expenses
$10,027,730
Contributions and grants received
$7,301,633
Grants paid
$4,198,820
Program service revenue
$1,306,139
Investment income
$369,856
Other revenue
$122,065
Total assets, end of year
$6,810,688
Total liabilities, end of year
$4,359,471
Net assets or fund balances, end of year
$2,451,217
Program services expenses (Part IX)
$8,443,292
Management and general expenses
$1,262,972
Fundraising expenses
$321,466
Program service expenses (Part III)
$8,443,292

Program services were 84.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $3,911,067

  • 1f · All other contributions, gifts and grants

    $3,390,566

  • 2a · Program service revenue: Fees

    total $1,224,639 · related or exempt $1,224,639

  • 2b · Program service revenue: Management Fees

    total $80,000 · related or exempt $80,000

  • 2c · Program service revenue: Workshops

    total $1,500 · related or exempt $1,500

  • 3 · Investment income

    total $221,573 · excluded $221,573

  • 7a · Gross sales of assets other than inventory

    other assets $148,283

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $148,283

  • 7d · Net gain or loss

    total $148,283 · excluded $148,283

  • 11a · Other revenue: Administrative Fee

    total $96,807 · excluded $96,807

  • 11b · Other revenue: Other Income

    total $25,258 · excluded $25,258

  • 11e · Other revenue, total

    $122,065

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,238,820 · program services $3,238,820

  • 2 · Grants to domestic individuals

    total $960,000 · program services $960,000

  • 5 · Compensation of officers, directors and key employees

    total $179,234 · program services $143,752 · management and general $19,732 · fundraising $15,750

  • 7 · Other salaries and wages

    total $2,350,405 · program services $1,885,117 · management and general $258,755 · fundraising $206,533

  • 8 · Pension plan contributions

    total $83,980 · program services $58,261 · management and general $19,337 · fundraising $6,382

  • 9 · Other employee benefits

    total $277,751 · program services $192,688 · management and general $63,952 · fundraising $21,111

  • 10 · Payroll taxes

    total $174,498 · program services $121,057 · management and general $40,178 · fundraising $13,263

  • 11b · Fees: legal

    total $18,972 · program services $18,972

  • 11f · Fees: investment management

    total $12,168 · management and general $12,168

  • 11g · Fees: other

    total $1,847,146 · program services $1,351,849 · management and general $463,069 · fundraising $32,228

  • 12 · Advertising and promotion

    total $9,418 · management and general $9,418

  • 13 · Office expenses

    total $131,014 · program services $63,290 · management and general $63,116 · fundraising $4,608

  • 16 · Occupancy

    total $120,397 · program services $96,318 · management and general $22,875 · fundraising $1,204

  • 17 · Travel

    total $32,265 · program services $13,627 · management and general $13,729 · fundraising $4,909

  • 19 · Conferences, conventions and meetings

    total $29,375 · program services $27,118 · management and general $2,257

  • 20 · Interest

    total $30,238 · program services $30,238

  • 22 · Depreciation, depletion and amortization

    total $5,356 · management and general $5,356

  • 23 · Insurance

    total $70,484 · management and general $70,484

  • 24a · Other expenses: Supplies

    total $321,999 · program services $235,903 · management and general $70,618 · fundraising $15,478

  • 24b · Other expenses: Loan Discount Expense

    total $71,860 · management and general $71,860

  • 24c · Other expenses: LOC Interest and Fees

    total $53,625 · management and general $53,625

  • 24d · Other expenses: Staff Development

    total $8,725 · program services $6,282 · management and general $2,443

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,286,987 · end of year $1,174,405

  • 3 · Pledges and grants receivable

    beginning of year $494,273 · end of year $409,309

  • 4 · Accounts receivable

    beginning of year $930,484 · end of year $1,996,914

  • 7 · Other notes and loans receivable

    beginning of year $180,369 · end of year $772,451

  • 8 · Inventories for sale or use

    beginning of year $1,994,734 · end of year $148,833

  • 9 · Prepaid expenses and deferred charges

    beginning of year $72,375 · end of year $25,962

  • 10a · Land, buildings and equipment: cost or other basis

    $8,489

  • 10b · Land, buildings and equipment: accumulated depreciation

    $8,489

  • 10c · Land, buildings and equipment, net

    beginning of year $5,356 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $2,517,198 · end of year $2,108,654

  • 13 · Investments: program-related

    beginning of year $661,236 · end of year $0

  • 15 · Other assets

    beginning of year $190,147 · end of year $174,160

  • 17 · Accounts payable and accrued expenses

    beginning of year $460,989 · end of year $346,169

  • 19 · Deferred revenue

    end of year $940,000

  • 23 · Secured mortgages and notes payable

    beginning of year $3,728,166 · end of year $1,001,816

  • 25 · Other liabilities

    beginning of year $2,167,568 · end of year $2,071,486

  • 27 · Net assets without donor restrictions

    beginning of year $688,173 · end of year $0

  • 28 · Net assets with donor restrictions

    beginning of year $2,288,263 · end of year $2,451,217

Mission and programs · 2024

Mission

The Richmond Community Foundation mobilizes the power of connection to build healthy,thriving communities.

Activities or mission (Part I)

To build healthy,sustainable communities throughout Richmond and Contra Costa county.

  • SparkPoint Contra Costa served 1,034 clients through its four offices in Contra Costa County. The program continues to exceed its metrics for helping clients increase income, increase savings, and reduce debt. Seventy-four percent of clients made a 30% or greater improvement in their debt, income, savings, and/or credit within three months. SPCC also has offices at the Contra Costa College Center and Diablo Valley College.

    Expenses $8,443,292 · Grants $4,198,820 · Revenue $1,306,139

  • Equip Richmond: A multiyear economic revitalization strategy that increases and sustains community economic viability through services that improve economic self-sufficiency and help small businesses create and sustain jobs. The goals of the project are to build the capacity of Richmond and North Richmond community organizations to deliver economic benefits to their communities, as well as to build individual capacity and improve conditions for current residents. Currently, five projects are part of the Equip Richmond initiative. These include a cooperative business hub (COBIZ), a Comprehensive Employment Training Center (CET), a social enterprise for a local nonprofit (Pogo Park Products), a construction resource center, and finally, barrier removal services for clients enrolled in the other projects to help them achieve success.

  • Ensuring Opportunity: A collaborative effort to end poverty in Contra Costa by focusing on policy change and movement building. Its current priorities include policies and movement building for racial equity, housing stability, and budget justice.

As filed on the 2024 return.

Listed in Part VII

  • Lucinda Bazille

    Chair

    Total calculated
    $0
    Hours/week
    2
  • Gregory Medley

    Vice Chair

    Total calculated
    $0
    Hours/week
    2
  • DW Kim

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Zauner Clausen

    Secretary

    Total calculated
    $0
    Hours/week
    2
  • Cynthia LeBlanc

    Immediate Past Chair

    Total calculated
    $0
    Hours/week
    2
  • Cristina Perez Abelson

    Director

    Total calculated
    $0
    Hours/week
    1
  • Mitzii Perez Caro

    Director

    Total calculated
    $0
    Hours/week
    1
  • Sonja Malaga

    Director

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Rivera

    Director

    Total calculated
    $0
    Hours/week
    1
  • Kimberly Rogers

    Director

    Total calculated
    $0
    Hours/week
    1
  • Maggie Blanc White

    Director

    Total calculated
    $0
    Hours/week
    1
  • Dhoryan Rizo left Oct 2025

    Director

    Total calculated
    $0
    Hours/week
    2
  • James Becker

    CEO

    Total calculated
    $179,234
    From this org
    $160,000
    From related orgs
    $0
    Other
    $19,234
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $19,234
    Filer's total
    $179,234
  • Mariana Moore

    Senior Director

    Total calculated
    $130,665
    From this org
    $130,665
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Roxanne Carrillo Garza

    Senior Director

    Total calculated
    $118,182
    From this org
    $118,182
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Linden Podschun

    Senior Director

    Total calculated
    $115,908
    From this org
    $115,908
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • Richmond Housing Renovation LLC

    Renovating Blighted Properties · CA · income $343,643 · assets $609,007

    Directly controlled by Richmond Community Foundation

Provenance

Return type
form_990
Tax year
2024
Filed
8 May 2026
IRS schema version
2024v5.5
Source object
202611299349300031

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.