Catchafire Foundation
- Assets
- $328.1k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 06/2010
- Data as of
- 12/2021
- EIN
- 27-0649371
Organization Overview
Catchafire Foundation is located in San Francisco, CA. The organization was established in 2010. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catchafire Foundation 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 12/2021, Catchafire Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 20.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MATCH SKILLED VOLUNTEERS TO NON-PROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATCHAFIRE FOUNDATION IS CONTRACTING WITH CATCHAFIRE INC. TO PROVIDE A PLATFORM TO CONNECT NONPROFITS TO PROFESSIONALS WHO WANT TO DONATE THEIR SKILLS. THROUGH A UNIQUE COMBINATION OF TECHNOLOGY AND HUMAN SUPPORT, THE PLATFORM HELPS NONPROFITS ARTICULATE THEIR NEEDS IN THE FORM OF PRESCOPED, SHORT TERM, VIRTUAL VOLUNTEER PROJECTS. THE PLATFORM EMPOWERS NONPROFITS TO SELECT THE PROFESSIONALS WHO ARE RIGHT FOR THEIR PROJECTS AND ORGANIZATIONS. THE PROFESSIONALS WORK WITH NONPROFITS ON CRITICAL OPERATIONAL PROJECTS, SUCH AS CREATING A MARKETING STRATEGY OR BUILDING A NEW WEBSITE. THIS ALLOWS THE NONPROFITS TO BUILD THEIR OVERALL CAPACITY AND USE THEIR RESOURCES MORE EFFECTIVELY TO CREATE GREATER IMPACT. EACH MATCH ON THE PLATFORM REPRESENTS A MEANINGFUL CONNECTION AND A RARE OPPORTUNITY FOR NONPROFIT AND BUSINESS PROFESSIONALS TO WORK TOGETHER AND LEARN FROM ONE ANOTHER. THROUGH OVER 100+ DIFFERENT PRESCOPED PROJECT TYPES AND A POWERFUL MATCHING PROCESS, THE PLATFORM FACILITATES DEEP AND MEANINGFUL ENGAGEMENTS. MATCHES ON THE PLATFORM RESULT IN MANY VOLUNTEER PROFESSIONALS BECOMING SUPPORTERS OF THE ORGANIZATION: AS DONORS, MENTORS, SOCIAL MEDIA ADVOCATES, REPEAT VOLUNTEERS, AND EVEN BOARD MEMBERS. WHILE A STANDARD PROGRAM GRANT MIGHT ENABLE ONE ORGANIZATION TO ENGAGE SEVERAL VOLUNTEERS, THE FUNDS FOR THIS PROJECT WILL ENABLE HUNDREDS OF NONPROFIT ORGANIZATIONS TO MORE EFFECTIVELY ATTRACT, ENGAGE, AND RETAIN SKILLED, PASSIONATE COMMUNITY MEMBERS AS VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael DE La Rocha President/director | OfficerTrustee | 2 | $0 |
Mark Newberg Secretary/director | OfficerTrustee | 2 | $0 |
Kelly Dane Briggs Treasurer/director | OfficerTrustee | 2 | $0 |
Rachael Chong Interim Executive Director | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $180,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,878,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,058,750 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,058,750 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,210 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,165 |
| All other expenses | $2,068,250 |
| Total functional expenses | $2,086,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,118 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $105,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $328,118 |
| Accounts payable and accrued expenses | $452,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $452,000 |
| Net assets without donor restrictions | -$548,882 |
| Net assets with donor restrictions | $425,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $328,118 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Catchafire Foundation has recieved totaling $602,500.
| Awarding Organization | Amount |
|---|---|
American Express Foundation New York, NY PURPOSE: COMMUNITY SERVICE | $250,000 |
Skillman Foundation Detroit, MI PURPOSE: SCALING ORGANIZATIONAL CAPACITY BUILDING TO DETROIT NON-PROFITS | $200,000 |
Ann Arbor Area Community Foundation Ann Arbor, MI PURPOSE: PHILANTHROPY, VOLUNTEERISM & GRANTMAKING FOUNDATIONS | $90,000 |
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX PURPOSE: GENERAL SUPPORT | $62,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alameda County Tobacco Asset Securitization Corporation Oakland, CA | $19,768,611 | $18,590,063 |
Gold Country Settlement Funding Corp Auburn, CA | $6,031,758 | $3,475,839 |
Inland Empire Tobaccosecuritization Corporation Riverside, CA | $259,604,903 | $12,773,889 |
Mental Health For Children Inc Springfield, OR | $5,065,120 | $7,331,896 |
Changelab Solutions Oakland, CA | $15,746,986 | $13,606,627 |
Spur-San Francisco Bay Are Planning And Urban Research Association San Francisco, CA | $18,179,408 | $7,467,044 |
East Bay Innovation Academy Oakland, CA | $2,595,879 | $8,649,182 |
Equality California Institute Los Angeles, CA | $3,410,779 | $5,992,471 |
Palo Alto Public Improvement Corporation Palo Alto, CA | $158,763,344 | $1,679,598 |
Vermont Village Human Services Corporation Los Angeles, CA | $28,001,792 | $4,364,948 |
Folded Flag Foundation Inc Las Vegas, NV | $11,013,213 | $5,308,956 |
Greater Reno Community Ice Skating Association Reno, NV | $10,174,749 | $2,449,166 |