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← NEIGHBORHOOD FUNDERS GROUP

Form 990 for tax year 2024

Filed by NEIGHBORHOOD FUNDERS GROUP.

Totals

Total revenue
$17,304,645
Total expenses
$17,544,345
Contributions and grants received
$16,806,697
Grants paid
$9,958,751
Program service revenue
$99,372
Investment income
$398,576
Other revenue
$0
Total assets, end of year
$31,422,732
Total liabilities, end of year
$649,461
Net assets or fund balances, end of year
$30,773,271
Program services expenses (Part IX)
$15,635,669
Management and general expenses
$1,573,305
Fundraising expenses
$335,371
Program service expenses (Part III)
$15,635,669

Program services were 89.1% 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.

  • 1b · Membership dues

    $564,136

  • 1f · All other contributions, gifts and grants

    $16,242,561

  • 2a · Program service revenue: Conference

    total $55,750 · related or exempt $55,750

  • 2b · Program service revenue: Other Program Revenue

    total $43,622 · related or exempt $43,622

  • 3 · Investment income

    total $398,576 · excluded $398,576

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,938,751 · program services $9,938,751

  • 2 · Grants to domestic individuals

    total $20,000 · program services $20,000

  • 5 · Compensation of officers, directors and key employees

    total $203,121 · program services $30,468 · management and general $132,029 · fundraising $40,624

  • 6 · Compensation of disqualified persons

    total $3,171,145 · program services $2,565,734 · management and general $417,227 · fundraising $188,184

  • 8 · Pension plan contributions

    total $185,805 · program services $129,963 · management and general $42,912 · fundraising $12,930

  • 9 · Other employee benefits

    total $422,746 · program services $364,838 · management and general $25,553 · fundraising $32,355

  • 10 · Payroll taxes

    total $258,544 · program services $198,327 · management and general $43,142 · fundraising $17,075

  • 11b · Fees: legal

    total $29,704 · program services $12,594 · management and general $17,110

  • 11c · Fees: accounting

    total $176,701 · program services $75,101 · management and general $101,600

  • 11g · Fees: other

    total $2,287,425 · program services $1,763,194 · management and general $484,231 · fundraising $40,000

  • 12 · Advertising and promotion

    total $1,180 · program services $911 · management and general $125 · fundraising $144

  • 13 · Office expenses

    total $21,805 · program services $13,730 · management and general $6,883 · fundraising $1,192

  • 14 · Information technology

    total $63,890 · program services $10,707 · management and general $53,183

  • 16 · Occupancy

    total $47,085 · program services $34,636 · management and general $11,754 · fundraising $695

  • 17 · Travel

    total $123,600 · program services $98,546 · management and general $23,394 · fundraising $1,660

  • 19 · Conferences, conventions and meetings

    total $257,585 · program services $236,765 · management and general $20,793 · fundraising $27

  • 22 · Depreciation, depletion and amortization

    total $15,188 · program services $6,671 · management and general $8,517

  • 23 · Insurance

    total $10,609 · program services $3,409 · management and general $7,200

  • 24a · Other expenses: Staff meeting expenses

    total $79,011 · program services $34,688 · management and general $44,323

  • 24b · Other expenses: Board expenses

    total $51,038 · program services $79 · management and general $50,959

  • 24c · Other expenses: Staff development

    total $40,785 · program services $23,056 · management and general $17,729

  • 24d · Other expenses: Fees and services

    total $38,206 · program services $27,048 · management and general $11,158

  • 24e · All other expenses

    total $100,421 · program services $46,453 · management and general $53,483 · fundraising $485

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $23,104,595 · end of year $21,520,483

  • 4 · Accounts receivable

    beginning of year $8,318,578 · end of year $9,723,564

  • 9 · Prepaid expenses and deferred charges

    beginning of year $63,925 · end of year $89,601

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

    $57,653

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

    $41,665

  • 10c · Land, buildings and equipment, net

    beginning of year $27,298 · end of year $15,988

  • 15 · Other assets

    beginning of year $14,621 · end of year $73,096

  • 17 · Accounts payable and accrued expenses

    beginning of year $497,784 · end of year $634,642

  • 19 · Deferred revenue

    beginning of year $6,553 · end of year $14,819

  • 25 · Other liabilities

    beginning of year $11,709 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $8,354,869 · end of year $9,021,739

  • 28 · Net assets with donor restrictions

    beginning of year $22,658,102 · end of year $21,751,532

Mission and programs · 2024

Mission

Neighborhood Funders Group (NFG) is a network of national and local grantmakers throughout the U.S. Our mission is to organize philanthropy to support grassroots power building so that communities of color and low-income communities thrive. We bring together funders to learn, connect, and mobilize resources with an intersectional and place-based focus.

Activities or mission (Part I)

NFG organizes philanthropy to support grassroots power building so that communities of color and low-income communities thrive.

  • NFG is the fiscal sponsor of the LIFT Fund. The LIFT Fund connects labor unions and philanthropy to coordinate resources, strategies and funding that support worker organizing and power building.

    Expenses $8,367,561 · Grants $6,600,000 · Revenue $41,000

  • The Amplify Fund is a funder collaborative that supports BIPOC and low-income communities to build power and to influence decisions about the places they live and work. Together with our funding partners, Amplify leads a place-based strategy and collaborates directly with movement leaders in each place (California, Missouri, Nevada, North Carolina, Pennsylvania, Puerto Rico, South Carolina, and Tennessee) to make grantmaking decisions.

    Expenses $5,463,040 · Grants $3,298,501

  • Integrated Rural Strategies Group (IRSG) elevates the importance of philanthropic support for organizing and power-building work with a racial justice lens in rural areas.

    Expenses $538,844 · Grants $32,000

  • Across all of NFG's programs, we focus on lifting up community voices and place-based strategies. Our work in place builds and strengthens relationships between national grantmakers, local and regional funders, and community organizations for our long-term outcome: philanthropic assets are liberated so that BIPOC communities and low-income communities have power to self-determine.NFG's National Convenings are currently designed for staff and board members at foundations and grantmaking organizations whose primary activity is funding racial, gender, economic, disability, and climate justice.

    Expenses $1,266,224 · Grants $28,250 · Revenue $58,372

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tania Duran

    Co-Chair

    Total calculated
    $0
    Hours/week
    4

  • Kaberi Banerjee Murthy

    Co-Chair

    Total calculated
    $0
    Hours/week
    4

  • Aaron Tanaka

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Neeta Boddapati

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Judith Bell

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Cory Anderson

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Allistair Mallillin

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Aditi Vaidya

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Kevin Ryan

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Mark Paley

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Altaf Rahamatulla

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Matt Barron

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Chi-Ante Jones

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Helen Chin

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Kaberi Banerjee Murthy

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Maisha Quint

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Monica Cordova

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Amy Morris

    Interim President

    Total calculated
    $226,154
    From this org
    $199,915
    From related orgs
    $0
    Other
    $26,239
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,915
    Bonus
    $0
    Other
    $0
    Deferred
    $12,127
    Nontaxable benefits
    $14,112
    Filer's total
    $226,154

  • Elizabeth Velez

    VP, Finance and Operations

    Total calculated
    $170,830
    From this org
    $161,000
    From related orgs
    $0
    Other
    $9,830
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,000
    Bonus
    $0
    Other
    $0
    Deferred
    $9,600
    Nontaxable benefits
    $230
    Filer's total
    $170,830

  • Jennifer Epps

    Program Director

    Total calculated
    $225,946
    From this org
    $184,866
    From related orgs
    $0
    Other
    $41,080
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,866
    Bonus
    $0
    Other
    $0
    Deferred
    $10,521
    Nontaxable benefits
    $30,559
    Filer's total
    $225,946

  • Melody Baker

    Interim Sr Director Amplif

    Total calculated
    $170,151
    From this org
    $148,633
    From related orgs
    $0
    Other
    $21,518
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,633
    Bonus
    $0
    Other
    $0
    Deferred
    $8,034
    Nontaxable benefits
    $13,484
    Filer's total
    $170,151

  • Manisha Vaze

    VP, Programs

    Total calculated
    $185,238
    From this org
    $163,683
    From related orgs
    $0
    Other
    $21,555
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,683
    Bonus
    $0
    Other
    $0
    Deferred
    $9,768
    Nontaxable benefits
    $11,787
    Filer's total
    $185,238

  • Roz Lee

    Sr. Director Amplify

    Total calculated
    $168,830
    From this org
    $151,600
    From related orgs
    $0
    Other
    $17,230
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,600
    Bonus
    $0
    Other
    $0
    Deferred
    $6,336
    Nontaxable benefits
    $10,894
    Filer's total
    $168,830

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

  • 2 · Substantiation required before reimbursing expenses
  • 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

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202533169349308208

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