Form 990 for tax year 2022

Totals

Total revenue

$5,442,890

Total expenses

$4,925,091

Contributions and grants received

$5,056,957

Grants paid

$920,293

Program service revenue

$258,069

Investment income

$115,670

Other revenue

$12,194

Total assets, end of year

$17,591,280

Total liabilities, end of year

$562,693

Net assets or fund balances, end of year

$17,028,587

Program services expenses (Part IX)

$3,707,571

Management and general expenses

$975,793

Fundraising expenses

$241,727

Program service expenses (Part III)

$3,707,571

Program services were 75.3% 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.

Mission and programs · 2022

• CAMELBACK VENTURES SUPPORTS THE GROWTH AND EMPOWERMENT OF LIVABLE COMMUNITIES; OUR TOOL OF CHANGE IS ENTREPRENEURSHIP. WE PROVIDE A RIGOROUS ACCELERATOR, KNOWN AS THE CAMELBACK FELLOWSHIP, FOR UNTAPPED ENTREPRENEURS. AT THIS TIME, WE ARE FOCUSED ON TACKLING THESE TWO IMPACT AREAS 1) EDUCATION AND 2) CONSCIOUS TECH.THE CAMELBACK FELLOWSHIP IS A THREE-MONTH PROGRAM THAT SUPPORTS THE DEVELOPMENT OF BOTH FOUNDER AND VENTURE. SINCE 2015, CAMELBACK HAS SUPPORTED 124 ENTREPRENEURS OF COLOR AND WOMEN (MANY OF WHOM HAVE BEEN RECOGNIZED IN FORBES 30 UNDER 30, RECEIVED FELLOWSHIPS SUCH AS ECHOING GREEN AND RICHARDS DRAPER KAPLAN, AND COLLECTIVELY GONE ON TO RAISE OVER $50 MILLION).

  Expenses $1,620,620 · Grants $760,793

• THE NETWORK PROGRAM SUPPORTS ALL ALUMNI, INCLUDING THOSE WITH THE HIGHEST IMPACT POTENTIAL WITH ADDITIONAL INVESTMENT, COACHING AND OTHER CAPACITY BUILDING OPPROTUNITY.

  Expenses $638,047 · Grants $51,500

• THE CAPITAL COLLABORATIVE IS A COHORT-BASED FELLOWSHIP PROGRAM RUN BY CAMELBACK AND SPECIFICALLY DESIGNED FOR WHITE-IDENTIFYING SENIOR LEADERS IN PHILANTHROPY AND IMPACT INVESTING WHO WANT TO DEEPEN THEIR PERSONAL AND PROFESSIONAL WORK ON RACIAL EQUITY.THE GOAL OF THE CAPITAL COLLABORATIVE IS TO INFLUENCE GRANTMAKERS, INVESTORS, AND INDIVIDUALS TO CREATE MORE FAIRNESS IN FUNDING BY CHANGING THEIR HABITS IN ORDER TO FUND UNDERVALUED ORGANIZATIONS LED BY PEOPLE OF COLOR (AND WOMEN).

  Expenses $613,170 · Revenue $234,375

• SEARCH & ALIGN IS THE RECURITMENT AND SELECTION WORKSREAM OF THE ORGANIZATION. IT SUPPORTS FELLOWSHIP AT THE CAPITAL COLLABRATIVE PROGRAMS.

  Expenses $433,373

• OUR VISION IS TO HAVE A COMMUNITY THAT RELIES ON, SOURCES, VETS, APPRECIATES, COMMUNES, AND PARTICIPATES IN AMPLIFYING THEIR VENTURES AS WELL AS THAT OF CAMELBACK VENTURES. WE HAVE GROWN TO 84+ ALUMNI ACROSS THE COUNTRY AND SECTORS. WE WANT TO ENSURE THAT THEY ARE THRIVING BY BEING ABLE TO INCREASE CAMELBACKS ABILITY TO MARSHAL RESOURCES TO THEM IN AN INTENTIONAL AND MEANINGFUL WAY.

  Expenses $265,807 · Revenue $19,344

• CAMELBACK VENTURES FROM TIME TO TIME ACTS AS A FISCAL SPONSOR FOR MISSION ALIGNED ORGANIZATIONS AND PROJECTS.

  Expenses $136,151

• DISASTER RELIEF

  Expenses $403

As filed on the 2022 return.

Listed in Part VII

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

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

• HOMEWORKS TRENTON

  $40,000

  TO ASSIST IN THE STARTUP OF NONPROFIT

• THE INSTITUTE FOR SUBSTAINABLE TRAN

  $40,000

  TO ASSIST IN THE STARTUP OF NONPROFIT

• OAKLAND PUBLIC EDUCATION FUND

  $40,000

  TO ASSIST IN THE STARTUP OF NONPROFIT

• ENDAZHI-NITAAWIGING

  $40,000

  TO ASSIST IN THE STARTUP OF NONPROFIT

• SANKOFA ROOTS

  $40,000

  TO ASSIST IN THE STARTUP OF NONPROFIT

• BANK STREET COLLEGE OF EDUCATION

  $40,000

  TO ASSIST IN THE STARTUP OF NONPROFIT

• COLLECTIVE CLIMB

  $40,000

  TO ASSIST IN THE STARTUP OF NONPROFIT

• ST LOUIS BLACK AUTHORS OF CHILDRENS

  $40,000

  TO ASSIST IN THE STARTUP OF NONPROFIT

• UNLOCKED LABS

  $40,000

  TO ASSIST IN THE STARTUP OF NONPROFIT

• GENUNITY

  $40,000

  TO ASSIST IN THE STARTUP OF NONPROFIT

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Provenance

Return type

form_990

Tax year

2022

Filed

9 November 2023

IRS schema version

2022v5.0

Source object

202343199349313239

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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