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← POTLIKKER CAPITAL

Form 990 for tax year 2022

Filed by POTLIKKER CAPITAL.

Totals

Total revenue
$1,291,869
Total expenses
$1,146,995
Contributions and grants received
$1,288,486
Grants paid
$112,500
Program service revenue
$3,371
Investment income
$12
Other revenue
$0
Total assets, end of year
$2,893,690
Total liabilities, end of year
$1,425,620
Net assets or fund balances, end of year
$1,468,070
Program services expenses (Part IX)
$471,401
Management and general expenses
$423,744
Fundraising expenses
$251,850
Program service expenses (Part III)
$471,401

Program services were 41.1% 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

    $1,288,486

  • 2a · Program service revenue: INTEREST INCOME - BORR

    total $3,371 · related or exempt $3,371

  • 3 · Investment income

    total $12 · excluded $12

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $26,500 · program services $26,500

  • 2 · Grants to domestic individuals

    total $86,000 · program services $86,000

  • 5 · Compensation of officers, directors and key employees

    total $354,094 · management and general $107,555 · fundraising $246,539

  • 7 · Other salaries and wages

    total $86,189 · program services $68,214 · management and general $17,975

  • 9 · Other employee benefits

    total $23,234 · management and general $23,234

  • 10 · Payroll taxes

    total $35,084 · management and general $35,084

  • 11b · Fees: legal

    total $29,695 · management and general $29,695

  • 11c · Fees: accounting

    total $7,493 · management and general $7,493

  • 11g · Fees: other

    total $49,186 · management and general $49,186

  • 12 · Advertising and promotion

    total $5,311 · fundraising $5,311

  • 17 · Travel

    total $65,874 · management and general $65,874

  • 23 · Insurance

    total $42,657 · management and general $42,657

  • 24a · Other expenses: CONSULTING FEES

    total $290,687 · program services $290,687

  • 24b · Other expenses: OFFICE AND TECH EXPENSE

    total $33,259 · management and general $33,259

  • 24c · Other expenses: REMOTE WORKER STIPEND

    total $11,732 · management and general $11,732

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,182 · end of year $616,893

  • 5 · Loans and receivables from officers and key people

    end of year $3,504

  • 7 · Other notes and loans receivable

    beginning of year $50,750 · end of year $795,590

  • 15 · Other assets

    beginning of year $1,329,570 · end of year $1,477,703

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,408 · end of year $43,279

  • 18 · Grants payable

    end of year $10,000

  • 25 · Other liabilities

    beginning of year $54,898 · end of year $1,372,341

  • 27 · Net assets without donor restrictions

    beginning of year $758,196 · end of year $753,070

  • 28 · Net assets with donor restrictions

    beginning of year $565,000 · end of year $715,000

Mission and programs · 2022

Mission

SEE SCHEDULE O

  • PROVIDES GRANTS AND LOANS TO RELATED AGRIBUSINESSES, GROUPS AND INDIVIDUALS AND CHARITABLE ORGANIZATIONS THAT IMPACT ECONOMICALLY AND SOCIALLY DISADVANTAGED AREAS PRIMARILY IN RURAL FARMING COMMUNITIES IN THE UNITED STATES. WE COMBINE OUR CAPITAL ASSISTANCE WITH TECHNICAL ASSISTANCE TO MAKE SURE OUR BORROWERS HAVE ACCESS TO THE TOOLS THEY NEED TO SUCCEED.

    Expenses $471,401 · Grants $112,500 · Revenue $3,371

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mark Watson

    PRESIDENT/DIRECTOR

    Total calculated
    $150,000
    From this org
    $150,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Leslie Carrere

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Iriel Edwards

    SECRETARY/DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Aaron Jay Fossett

    TREASURER/DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Collie Graddick

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0

  • Konda Mason

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Gail Myers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Edward Quevedo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Erika Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Ozell White

    PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Jenny Miller

    COO

    Total calculated
    $106,538
    From this org
    $106,538
    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.

Grants on this return

  • CRUZ FARM LLC

    $14,000

    COVER TRANSPORTATION COSTS, AQUIRE ANIMALS AND FEED, AND CONDUCT A COST ANALYSIS FOR WELL CONTRUCTION.

  • DELATERRE PERMACULTURE FARM LLC

    $10,000

    CONSTRUCT A 12'X28' STRUCTURE TO SERVE AS A FARM STORE.

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.

  • JUBILEE JUSTICE

    501(C)(3) · REPARATIVE GENEALOGY AND REGENERATIVE AGRICULTURE. · CA

  • COMMON FUTURE

    501(C)(3) · STRATEGIC CONSULTING TO PHILANTHROPIC FUNDERS AND IMPACT INVESTORS. · CA

  • RSF SOCIAL FINANCE

    501(C)(3) · LENDING AND GRANTMAKING TO NOT-FOR-PROFIT AND SOCIALLY BENEFICIAL ORGS. · CA

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202333199349321908

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