Sustainable Communities Fund is located in Los Angeles, CA. The organization was established in 2008. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainable Communities Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Sustainable Communities Fund generated $769.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $405.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deborah La Franchi Chair & CEO | 1 | $0 | |
Ashlee Barker Secretary | 1 | $0 | |
Kenneth Mayne Treasurer/cio | 1 | $0 | |
Will Jacobs Board Member | 1 | $0 | |
Melissa Mcdonald Board Member | 1 | $0 | |
Kim La Franchi Chief Operations Officer | 40 | $199,154 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $590,972 |
Interest on Savings | $107,514 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $300,000 |
Profit on Inventory Sales | $0 |
Other Income | $70,566 |
Total Revenue | $769,052 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $199,154 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $34,041 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $4,767 |
Printing and publications | $0 |
Other expenses | $91,708 |
Total operating and administrative expenses | $405,202 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $405,202 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $91,195 |
Savings and temporary cash investments | $2,650,982 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $151,852 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,246 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $4,039,736 |
Total assets | $6,936,011 |
Accounts payable and accrued expenses | $290,598 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $290,598 |