Totals
- Total revenue
- $4,202,445
- Total expenses
- $3,824,476
- Contributions and grants received
- $3,276,661
- Grants paid
- $10,000
- Program service revenue
- $925,784
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $3,623,547
- Total liabilities, end of year
- $251,203
- Net assets or fund balances, end of year
- $3,372,344
- Program services expenses (Part IX)
- $3,222,576
- Management and general expenses
- $323,622
- Fundraising expenses
- $278,278
- Program service expenses (Part III)
- $3,222,576
Program services were 84.3% 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
$3,276,661
-
2a · Program service revenue: PROJECT REVENUE
total $925,784 · related or exempt $925,784
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $10,000 · program services $10,000
-
5 · Compensation of officers, directors and key employees
total $206,978 · program services $103,489 · management and general $20,698 · fundraising $82,791
-
7 · Other salaries and wages
total $2,166,471 · program services $1,945,121 · management and general $107,813 · fundraising $113,537
-
8 · Pension plan contributions
total $19,223 · program services $17,150 · management and general $1,024 · fundraising $1,049
-
9 · Other employee benefits
total $132,662 · program services $118,359 · management and general $7,993 · fundraising $6,310
-
10 · Payroll taxes
total $199,763 · program services $174,858 · management and general $10,384 · fundraising $14,521
-
11b · Fees: legal
total $6,310 · management and general $6,310
-
11c · Fees: accounting
total $44,875 · management and general $44,875
-
11g · Fees: other
total $393,000 · program services $335,681 · management and general $1,152 · fundraising $56,167
-
12 · Advertising and promotion
total $52,740 · program services $52,740
-
13 · Office expenses
total $66,731 · program services $44,275 · management and general $18,985 · fundraising $3,471
-
14 · Information technology
total $334,190 · program services $334,190
-
16 · Occupancy
total $59,175 · program services $17,589 · management and general $41,499 · fundraising $87
-
17 · Travel
total $27,320 · program services $8,912 · management and general $18,117 · fundraising $291
-
19 · Conferences, conventions and meetings
total $750 · program services $750
-
22 · Depreciation, depletion and amortization
total $33,464 · program services $33,464
-
23 · Insurance
total $597 · management and general $597
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $44,717 · program services $25,998 · management and general $18,719
-
24b · Other expenses: PROFESSIONAL DEVELOPMEN
total $23,017 · management and general $22,963 · fundraising $54
-
24c · Other expenses: OTHER EXPENSES
total $2,493 · management and general $2,493
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,690,654 · end of year $1,609,324
-
3 · Pledges and grants receivable
beginning of year $1,016,550 · end of year $1,872,523
-
4 · Accounts receivable
beginning of year $330,150 · end of year $50,500
-
9 · Prepaid expenses and deferred charges
beginning of year $17,188 · end of year $22,553
-
14 · Intangible assets
beginning of year $66,927 · end of year $33,463
-
15 · Other assets
beginning of year $0 · end of year $35,184
-
17 · Accounts payable and accrued expenses
beginning of year $66,511 · end of year $78,213
-
19 · Deferred revenue
beginning of year $60,583 · end of year $137,003
-
25 · Other liabilities
beginning of year $0 · end of year $35,987
-
27 · Net assets without donor restrictions
beginning of year $1,661,792 · end of year $926,886
-
28 · Net assets with donor restrictions
beginning of year $1,332,583 · end of year $2,445,458
Mission and programs · 2022
Mission
TO CREATE A BRIDGE OF OPPORTUNITY BETWEEN EMPLOYERS AND FIRST-GENERATION COLLEGE GRADUATES OF COLOR TO INCREASE KNOWLEDGE WORKFORCE DIVERSITY AT ALL LEVELS. THE ORGANIZATION SEEKS TO ACCOMPLISH THIS THROUGH THE FACILITATION OF VARIOUS JOB SEARCH AND CAREER READINESS PROGRAMS.
-
THROUGH PARTNERSHIPS WITH EMPLOYERS AND DEVELOPMENT PROGRAMS FOR GRADUATES, BASTA EQUIPS FIRST-GENERATION GRADUATES TO SECURE AND THRIVE IN THEIR FIRST JOBS WHILE SUPPORTING EMPLOYERS TO EMBRACE TALENT PRACTICES THAT INCREASE WORKFORCE DIVERSITY.
Expenses $3,222,576 · Grants $10,000 · Revenue $925,784
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
SHEILA SAREMZADEH
CHIEF EXECUTIVE OFFICER
- Total calculated
- $214,085
- From this org
- $186,688
- From related orgs
- $0
- Other
- $27,397
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,000
- Bonus
- $0
- Other
- $6,688
- Deferred
- $9,334
- Nontaxable benefits
- $18,063
- Filer's total
- $214,085
-
MAGGIE RAIBLE
HEAD OF IMPACT & INNOVATION
- Total calculated
- $154,664
- From this org
- $135,000
- From related orgs
- $0
- Other
- $19,664
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $135,000
- Bonus
- $0
- Other
- $0
- Deferred
- $10,294
- Nontaxable benefits
- $9,370
- Filer's total
- $154,664
-
MICHELLE WEISE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
BOB GIANNINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
ALEJANDRO PEREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
DEGAN LEOPOLD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
JOHANNA MEADOWS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
JAMIE DAVIDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
CARRIE PREVITERA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
KATIE BECK SUTLER
DIRECTOR (AS OF 09/21/22)
- Total calculated
- $0
- Hours/week
- 5
-
BRANDON HARRIS
DIRECTOR (AS OF 12/13/22)
- Total calculated
- $0
- Hours/week
- 5
-
ABE TALEB
CHAIR
- Total calculated
- $0
- Hours/week
- 5
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 · Form 990 of other organizations
- 3 · Compensation survey or study
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441359349304799
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