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Nonprofiteer
← CHINOOK FUND

Form 990 for tax year 2023

Filed by CHINOOK FUND.

Totals

Total revenue
$995,269
Total expenses
$1,127,941
Contributions and grants received
$895,486
Grants paid
$252,000
Program service revenue
$0
Investment income
$99,783
Other revenue
$0
Total assets, end of year
$2,893,258
Total liabilities, end of year
$205,173
Net assets or fund balances, end of year
$2,688,085
Program services expenses (Part IX)
$797,754
Management and general expenses
$189,985
Fundraising expenses
$140,202
Program service expenses (Part III)
$797,754

Program services were 70.7% 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.

  • 1f · All other contributions, gifts and grants

    $895,486

  • 1g · Noncash contributions included above

    $57,331

  • 3 · Investment income

    total $54,938 · excluded $54,938

  • 7a · Gross sales of assets other than inventory

    securities $451,326

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

    securities $406,481

  • 7c · Gain or loss

    securities $44,845

  • 7d · Net gain or loss

    total $44,845 · excluded $44,845

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $252,000 · program services $252,000

  • 5 · Compensation of officers, directors and key employees

    total $142,811 · program services $78,546 · management and general $21,422 · fundraising $42,843

  • 7 · Other salaries and wages

    total $404,435 · program services $287,136 · management and general $60,772 · fundraising $56,527

  • 8 · Pension plan contributions

    total $14,168 · program services $10,275 · management and general $2,129 · fundraising $1,764

  • 9 · Other employee benefits

    total $38,635 · program services $26,797 · management and general $5,804 · fundraising $6,034

  • 10 · Payroll taxes

    total $46,665 · program services $31,322 · management and general $7,008 · fundraising $8,335

  • 11b · Fees: legal

    total $231 · management and general $231

  • 11c · Fees: accounting

    total $29,106 · program services $916 · management and general $27,946 · fundraising $244

  • 11f · Fees: investment management

    total $29,739 · management and general $29,739

  • 11g · Fees: other

    total $19,860 · program services $13,330 · management and general $2,983 · fundraising $3,547

  • 13 · Office expenses

    total $28,592 · program services $11,046 · management and general $8,481 · fundraising $9,065

  • 14 · Information technology

    total $17,663 · program services $2,806 · management and general $14,125 · fundraising $732

  • 16 · Occupancy

    total $15,997 · program services $10,737 · management and general $2,403 · fundraising $2,857

  • 17 · Travel

    total $15,550 · program services $10,437 · management and general $2,336 · fundraising $2,777

  • 24a · Other expenses: MISCELLANEOUS

    total $30,668 · program services $20,585 · management and general $4,606 · fundraising $5,477

  • 24b · Other expenses: PROJECT FEE

    total $22,115 · program services $22,115

  • 24c · Other expenses: GRANT ADMIN EXPENSE

    total $19,706 · program services $19,706

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $38,648 · end of year $245,880

  • 2 · Savings and temporary cash investments

    beginning of year $776,269 · end of year $216,012

  • 3 · Pledges and grants receivable

    beginning of year $20,000

  • 7 · Other notes and loans receivable

    beginning of year $75,000 · end of year $75,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,639 · end of year $10,124

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

    $13,325

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

    $13,325

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $1,922,619 · end of year $2,346,135

  • 15 · Other assets

    beginning of year $71 · end of year $107

  • 17 · Accounts payable and accrued expenses

    beginning of year $49,370 · end of year $55,173

  • 18 · Grants payable

    beginning of year $98,000 · end of year $150,000

  • 27 · Net assets without donor restrictions

    beginning of year $794,368 · end of year $557,628

  • 28 · Net assets with donor restrictions

    beginning of year $1,900,508 · end of year $2,130,457

Mission and programs · 2023

Mission

CHINOOK FUND SEEDS COMMUNITY-LED, SYSTEMIC CHANGE BY MOBILIZING RESOURCES FOR AND TRUSTING IN GRASSROOTS SOCIAL JUSTICE ORGANIZATIONS ACROSS COLORADO.

  • COMMUNITY-LED GRANTMAKING FOCUSED ON FUNDING CONSTITUENT-LED AND SYSTEMS CHANGE WORK. THE GIVING PROJECT (GP), AN INNOVATIVE LEADERSHIP DEVELOPMENT PROGRAM TO TRAIN LEADERS TO MOBILIZE THEIR NETWORKS TO SUPPORT SOCIAL JUSTICE. UNLIKE TRADITIONAL FOUNDATIONS, CHINOOK USES THE INNOVATIVE GIVING PROJECT MODEL WHERE VOLUNTEERS LEARN ABOUT RACE, CLASS, AND SYSTEMS OF POWER, RAISE MONEY FROM INDIVIDUALS, CONDUCT SITE VISITS, AND DEMOCRATICALLY MAKE FUNDING DECISIONS DURING TWO GRANT CYCLES PER YEAR. TOGETHER, CHINOOK'S PROGRAMS ADDRESS (1) THE LACK OF ADEQUATE FUNDING OPPORTUNITIES FOR GRASSROOTS ORGANIZATIONS, PARTICULARLY THOSE LED BY AND FOR BLACK, INDIGENOUS, AND PEOPLE OF COLOR (BIPOC); (2) THE LACK OF OPPORTUNITIES FOR BIPOC AND LOW INCOME COMMUNITIES TO ACCESS TRAINING TO BE EFFECTIVE FUNDRAISERS AND GRANT MAKERS; AND (3) THE NEED FOR UNRESTRICTED FUNDING FOR GROUPS USING COMMUNITY ORGANIZING AS A PRIMARY STRATEGY FOR SOCIAL CHANGE.

    Expenses $766,545 · Grants $252,000

  • ANOTHER WORLD IS POSSIBLE FUND, A PARTNERSHIP WITH TRANSFORMATIVE LEADERSHIP FOR CHANGE, IS A VEHICLE TO INVEST IN GRASSROOTS GROUPS WHO ARE FIGHTING FOR BOTH A JUST RESPONSE TO COVID-19 AND A VISIONARY FUTURE IN THE LONG-TERM.

    Expenses $9,094

  • FISCAL SPONSOR FOR COLORADO FUNDERS FOR INCLUSIVENESS AND EQUITY (COFIE), A MISSION-ALIGNED ORGANIZATION THAT PROVIDES EDUCATIONAL SESSIONS AND LEARNING OPPORTUNITIES FOR PHILANTHROPY PROFESSIONALS TO BRING ABOUT GREATER INCLUSIVENESS AND EQUITY WITHIN PHILANTHROPIC ORGANIZATIONS IN COLORADO.

    Expenses $22,115

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Angela Daniels

    BOARD CO-CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Donna Chrisjohn

    BOARD CO-CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Erik Ortiz

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Anna Eunjoo Ghublikian

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Selamawit Gebre

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Angela Schreffler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Matt Karkut

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Crystal Middlestadt

    EXECUTIVE DIRECTOR

    Total calculated
    $136,882
    From this org
    $123,782
    From related orgs
    $0
    Other
    $13,100
    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.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
10 December 2024
IRS schema version
2023v5.1
Source object
202423479349300112

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.