Form 990 for tax year 2025
Filed by ALTADENA BUILDS BACK FOUNDATION.
Totals
- Total revenue
- $62,244,460
- Total expenses
- $11,660,752
- Contributions and grants received
- $60,742,693
- Grants paid
- $11,247,050
- Program service revenue
- $0
- Investment income
- $1,501,767
- Other revenue
- $0
- Total assets, end of year
- $58,497,238
- Total liabilities, end of year
- $7,630,963
- Net assets or fund balances, end of year
- $50,866,275
- Program services expenses (Part IX)
- $11,590,822
- Management and general expenses
- $20,685
- Fundraising expenses
- $49,245
- Program service expenses (Part III)
- $11,590,822
Program services were 99.4% 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.
-
1d · Related organizations
$5,010,619
-
1f · All other contributions, gifts and grants
$55,732,074
-
1g · Noncash contributions included above
$59,755,192
-
3 · Investment income
total $1,501,767 · excluded $1,501,767
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $11,247,050 · program services $11,247,050
-
5 · Compensation of officers, directors and key employees
total $108,000 · program services $81,000 · management and general $5,400 · fundraising $21,600
-
7 · Other salaries and wages
total $140,930 · program services $124,901 · management and general $7,046 · fundraising $8,983
-
9 · Other employee benefits
total $21,282 · program services $18,636 · management and general $1,064 · fundraising $1,582
-
10 · Payroll taxes
total $11,260 · program services $9,357 · management and general $563 · fundraising $1,340
-
11b · Fees: legal
total $26,586 · program services $22,092 · management and general $1,329 · fundraising $3,165
-
12 · Advertising and promotion
total $48,500 · program services $40,302 · management and general $2,425 · fundraising $5,773
-
13 · Office expenses
total $17,975 · program services $14,936 · management and general $899 · fundraising $2,140
-
14 · Information technology
total $12,931 · program services $10,745 · management and general $647 · fundraising $1,539
-
16 · Occupancy
total $18,291 · program services $15,199 · management and general $915 · fundraising $2,177
-
19 · Conferences, conventions and meetings
total $4,449 · program services $3,697 · management and general $222 · fundraising $530
-
23 · Insurance
total $2,008 · program services $1,669 · management and general $100 · fundraising $239
-
24a · Other expenses: Membership dues
total $1,490 · program services $1,238 · management and general $75 · fundraising $177
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $1,876,439
-
4 · Accounts receivable
end of year $7,989
-
9 · Prepaid expenses and deferred charges
end of year $24,494
-
11 · Investments: publicly traded securities
end of year $56,509,270
-
15 · Other assets
beginning of year $0 · end of year $79,046
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $8,050
-
18 · Grants payable
beginning of year $0 · end of year $7,544,000
-
25 · Other liabilities
beginning of year $0 · end of year $78,913
-
28 · Net assets with donor restrictions
end of year $50,866,275
Mission and programs · 2025
Mission
To help lead and fund Altadena's community-centered recovery, ensuring a just, equitable rebuilding process that prioritizes housing and those most affected by the Eaton Fire.
Activities or mission (Part I)
The Altadena Builds Back Foundation is helping lead the charge of rebuilding residential Altadena, focusing on restoring homes, helping renters return, and preserving the soul of this historically diverse, affordable, and vibrant town.
-
Our goal is to protect long-standing residents - renters and homeowners alike - from displacement and to ensure future generations who have roots in the area can still call Altadena home.
Expenses $11,590,822 · Grants $11,247,050
As filed on the 2025 return.
Listed in Part VII
-
Eric Gronroos
Chair
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Greta Mandell
Secretary
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Scott Christopher
Board Member
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Mark Mariscal
Board Member
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Robin Hughes
Board Member
- Total calculated
- $0
- Hours/week
- 0.2 + 0.2 related
-
Mariver Copeland
Treasurer
- Total calculated
- $349,801
- From this org
- $0
- From related orgs
- $283,740
- Other
- $66,061
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $248,990 related
- Bonus
- $0 + $32,250 related
- Other
- $0 + $2,500 related
- Deferred
- $0 + $23,500 related
- Nontaxable benefits
- $0 + $42,561 related
- Filer's total
- $0 + $349,801 related
-
Jennifer DeVoll
Executive Director
- Total calculated
- $295,743
- From this org
- $96,250
- From related orgs
- $163,255
- Other
- $36,238
- Hours/week
- 19 + 21 related
Schedule J breakdown matched by us
- Base
- $83,750 + $150,755 related
- Bonus
- $12,500 + $12,500 related
- Other
- $0
- Deferred
- $0 + $11,750 related
- Nontaxable benefits
- $0 + $24,488 related
- Filer's total
- $96,250 + $199,493 related
-
Candice Kim
Project Director
- Total calculated
- $152,506
- From this org
- $113,972
- From related orgs
- $0
- Other
- $38,534
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $93,972
- Bonus
- $20,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $17,096 + $21,438 related
- Filer's total
- $131,068 + $21,438 related
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 · Compensation committee
- 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
-
$5,334,400
Altadena Bngalow Court Affordable Housing for Renters
-
San Gabriel Valley Habitat for Humanity
$4,687,950
Rebuilding Altadena - Single-Family Homes Initiative
-
The Foothill Catalog Foundation
$500,000
Capacity Building Grant
-
$254,000
Program support
-
To support the Legacy Summit to educate and support senior citizens seeking to rebuild their homes in Altadena
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.
-
501 (c)(3) · Charitable funds · CA
-
PCF Gifting and Liquidation Charitable Foundation
501(c)(3) · gifting facilitator · CA
Directly controlled by Pasadena Community Foundation
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 5 June 2026
- IRS schema version
- 2025v4.1
- Source object
- 202601569349300620
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