Totals
- Total revenue
- $4,589,989
- Total expenses
- $3,020,166
- Contributions and grants received
- $4,422,995
- Grants paid
- $254,218
- Program service revenue
- $142,276
- Investment income
- $24,718
- Other revenue
- $0
- Total assets, end of year
- $3,958,536
- Total liabilities, end of year
- $346,211
- Net assets or fund balances, end of year
- $3,612,325
- Program services expenses (Part IX)
- $2,586,354
- Management and general expenses
- $400,633
- Fundraising expenses
- $33,179
- Program service expenses (Part III)
- $2,586,354
Program services were 85.6% 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)
$835,918
-
1f · All other contributions, gifts and grants
$3,587,077
-
2a · Program service revenue: Consulting and training
total $135,400 · related or exempt $135,400
-
2b · Program service revenue: Fiscal Sponsorship Fees
total $6,876 · related or exempt $6,876
-
3 · Investment income
total $24,718 · excluded $24,718
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $249,468 · program services $249,468
-
2 · Grants to domestic individuals
total $4,750 · program services $4,750
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $691,073 · program services $566,800 · management and general $119,835 · fundraising $4,438
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $745,023 · program services $611,048 · management and general $129,190 · fundraising $4,785
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $141,484 · program services $116,373 · management and general $24,214 · fundraising $897
-
10 · Payroll taxes
total $110,274 · program services $90,442 · management and general $19,124 · fundraising $708
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $11,103 · program services $2,071 · management and general $9,031 · fundraising $1
-
11c · Fees: accounting
total $35,979 · program services $6,711 · management and general $29,263 · fundraising $5
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $641,933 · program services $615,412 · management and general $20,261 · fundraising $6,260
-
12 · Advertising and promotion
total $959 · program services $787 · management and general $166 · fundraising $6
-
13 · Office expenses
total $41,654 · program services $38,614 · management and general $2,819 · fundraising $221
-
14 · Information technology
total $74,725 · program services $44,998 · management and general $14,430 · fundraising $15,297
-
15 · Royalties
total $0
-
16 · Occupancy
total $36,638 · program services $31,550 · management and general $4,906 · fundraising $182
-
17 · Travel
total $166,987 · program services $163,545 · management and general $3,170 · fundraising $272
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $14,515 · program services $14,272 · management and general $234 · fundraising $9
-
20 · Interest
total $1,162 · management and general $1,162
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $6,738 · program services $5,527 · management and general $1,168 · fundraising $43
-
23 · Insurance
total $4,534 · management and general $4,534
-
24a · Other expenses: Membership and dues
total $11,949 · program services $8,868 · management and general $3,058 · fundraising $23
-
24b · Other expenses: Professional Development
total $8,957 · program services $5,498 · management and general $3,427 · fundraising $32
-
24c · Other expenses: Training and Events
total $8,675 · program services $8,675
-
24d · Other expenses: Payroll service fees
total $7,426 · program services $343 · management and general $7,083
-
24e · All other expenses
total $4,160 · program services $602 · management and general $3,558
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,836,598 · end of year $2,313,031
-
2 · Savings and temporary cash investments
end of year $516,561
-
3 · Pledges and grants receivable
beginning of year $312,193 · end of year $953,733
-
4 · Accounts receivable
beginning of year $28,023 · end of year $13,830
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $44,157 · end of year $33,558
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $12,000 · end of year $33,692
-
15 · Other assets
beginning of year $110,141 · end of year $94,131
-
17 · Accounts payable and accrued expenses
beginning of year $97,657 · end of year $148,308
-
25 · Other liabilities
beginning of year $212,341 · end of year $197,903
-
27 · Net assets without donor restrictions
beginning of year $1,049,758 · end of year $675,150
-
28 · Net assets with donor restrictions
beginning of year $983,356 · end of year $2,937,175
Mission and programs · 2023
Mission
TO EXPAND THE PROMISE OF WORKER OWNERSHIP TO MARGINALIZED COMMUNITIES, AND TO ENSURE THAT COOPERATIVE DEVELOPMENT IN THOSE COMMUNITIES IS STRATEGIC, EFFECTIVE, AND ADEQUATELY-RESOURCED.
-
Field Building- Seeding Equity event in Berkeley, CA- Stronger Economies EO Summit in Kansas City, MO - Co-published Employee Ownership and Economic Resilience - Fourteen-module curriculum in English and Swahili - 5 new tools and curriculum for Legacy Fund companies- National Economic Census - Metrics created for job quality, ownership culture, and worker wellbeing- Joined Chicago Community Wealth Ecosystem Building Initiative
Expenses $2,586,354 · Grants $254,218 · Revenue $142,276
-
Conversions-Ecosystem Team- Supported transition of 2 majority BIPOC workforces - 75 new ecosystem stakeholders were reached- W2O membership increased to 33 orgs- 38 BEO intakes completed- 11 conversions completed and with 166 new worker owners.
-
Livelihoods Team- 5 new Rapid Response Cooperatives - 5 new partnerships were initiated - Participated in Phase 1 of CA Homecare Cooperative Initiative- Radiate Consulting Toolkit was launched in Spanish and English
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Vanessa Bransburg
Co-Exec Dir
- Total calculated
- $128,985
- From this org
- $128,985
- From related orgs
- $0
- Other
- $0
- Hours/week
- 41
-
Melissa Hoover
Executive Dir.
- Total calculated
- $119,902
- From this org
- $119,902
- From related orgs
- $0
- Other
- $0
- Hours/week
- 36
-
Julian McKinley
Co-Exec Dir.
- Total calculated
- $107,135
- From this org
- $107,135
- From related orgs
- $0
- Other
- $0
- Hours/week
- 38
-
Esteban Kelly
Director
- Total calculated
- $104,582
- From this org
- $104,582
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 45 related
-
Anh-Thu Nguyen
Director
- Total calculated
- $91,664
- From this org
- $91,664
- From related orgs
- $0
- Other
- $0
- Hours/week
- 32
-
Olga Prushinskaya
Secretary
- Total calculated
- $75,482
- From this org
- $75,482
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35 + 45 related
-
Maddie Taterka
Director
- Total calculated
- $63,324
- From this org
- $63,324
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Maru Bautista
President
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca Lurie
Director
- Total calculated
- $0
- Hours/week
- 1
-
Teresita Sattar
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eulalio Guevara
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Jess Zimbabwe
Treasurer
- Total calculated
- $0
- Hours/week
- 1
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
-
Guilded
$98,561
Grant Assistance/Cash Awards
-
Cooperacion Santa Ana
$30,270
Grant Assistance/Cash Awards
-
Pilipino Workers Center
$30,100
Grant Assistance/Cash Awards
-
Cooperation LA
$30,000
Grant Assistance/Cash Awards
-
KIWA
$30,000
Grant Assistance/Cash Awards
-
CareShare OC
$15,170
Grant Assistance/Cash Awards
-
Orgs under 5K
$9,367
Grant Assistance/Cash Awards
-
Next City
$6,000
Grant Assistance/Cash Awards
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
US Federation Works Cooperation
501C6 · Member Services · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403119349304075
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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