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 |