Time For Change Foundation
- Assets
- $15.2m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 33
- Location
- San Bernardino, CA
- Founding
- 05/2004
- Data as of
- 06/2022
- EIN
- 52-2405277
Organization Overview
Time For Change Foundation is located in San Bernardino, CA. The organization was established in 2004. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2022, Time For Change Foundation employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Time For Change 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 06/2022, Time For Change Foundation generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $3.2m during the year ending 06/2022. While expenses have increased by 11.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOUSING, COUNSELING, AND TRAINING FOR LOW INCOME COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TIME FOR CHANGE FOUNDATION (TFCF) SERVED 712 INDIVIDUALS/FAMILIES THIS FISCAL YEAR. WE TRANSITIONED 29 FAMILIES INTO PERMANENT HOUSING AND REUNITED 6 CHILDREN BACK WITH THEIR MOMS OUT OF FOSTER CARE. TFCF PROVIDED 638 SESSIONS OF INDIVIDUAL/FAMILY THERAPY, OUR LICENSED DRUG AND ALCOHOL PROGRAM SERVED 56 WOMEN, AND CONDUCTED 337 RANDOM DRUG TESTS. THROUGH WISH RENTAL AND UTILITY PAYMENT ASSISTANCE PROGRAM WE SERVED 255 FAMILIES. OUR POSITIVE FAMILY FUTURES REUNIFICATION (PFFR), 2-GENERATIONAL MODEL SERVED 32 MOTHERS AND 17 CHILDREN WITH CRITICAL SERVICES THAT HELP TO BREAK CYCLES OF VIOLENCE. THIS YEAR, TFCF'S REENTRY PROGRAMS SERVED 193 INDIVIDUALS WITH HOUSING, EMPLOYMENT TRAINING, RENTAL ASSISTANCE, CASE MANAGEMENT, JOB INTERVIEW AND WORK CLOTHING, MENTORSHIP, FAMILY REUNIFICATION, AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Carter Founder/ambassador | OfficerTrustee | 40 | $175,257 |
Vanessa Perez Executive Director | Officer | 40 | $107,759 |
Nicole Henley PHD Chair | OfficerTrustee | 4 | $0 |
Veronica Robledo Secretary | Trustee | 4 | $0 |
Keisha Murphy Board Member | Trustee | 4 | $0 |
Vandrick Towns Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $153,350 |
| Related organizations | $0 |
| Government grants | $1,258,511 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,649,693 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,061,554 |
| Total Program Service Revenue | $58,563 |
| Investment income | $2,131 |
| 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 | $6,249,295 |
| 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. | $283,016 |
| Compensation of current officers, directors, key employees. | $128,009 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $812,248 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,757 |
| Payroll taxes | $87,818 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $418,186 |
| Advertising and promotion | $98,129 |
| Office expenses | $118,497 |
| Information technology | $73,910 |
| Royalties | $0 |
| Occupancy | $222,335 |
| Travel | $131,467 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $43,105 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $232,608 |
| Insurance | $59,455 |
| All other expenses | $10,416 |
| Total functional expenses | $3,232,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $343,877 |
| Savings and temporary cash investments | $7,450,117 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $99,875 |
| 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 | $1,298 |
| Net Land, buildings, and equipment | $7,283,952 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,179,119 |
| Accounts payable and accrued expenses | $355,488 |
| Grants payable | $0 |
| Deferred revenue | $154,705 |
| 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 | $1,895,149 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,405,342 |
| Net assets without donor restrictions | $8,033,696 |
| Net assets with donor restrictions | $4,740,081 |
| 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 | $15,179,119 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Time For Change Foundation has recieved totaling $6,343,483.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Housing and Transportation | $5,750,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $200,000 |
Kautz Family Foundation Tucson, AZ PURPOSE: CHARITABLE | $100,000 |
Common Counsel Foundation Oakland, CA PURPOSE: GENERAL OPERATING SUPPORT | $65,000 |
Criminal Justice Reform Foundation New York, NY PURPOSE: REGRANT TO PARTNER WITH CJRF MISSION | $50,000 |
Givenkind Gurnee, IL PURPOSE: To assist those in need | $38,543 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oak Grove Institute Foundation Inc Murrieta, CA | $29,102,821 | $23,083,215 |
Taco Bell Foundation Inc Irvine, CA | $32,895,109 | $23,910,509 |
Albina Head Start Inc Portland, OR | $22,611,624 | $19,457,720 |
Orbis Cascade Alliance Portland, OR | $8,013,554 | $17,694,791 |
Albert Einstein Academies San Diego, CA | $21,189,771 | $17,379,077 |
Prospect Sierra School El Cerrito, CA | $31,201,283 | $16,565,547 |
Options Counseling Services Of Oregon Eugene, OR | $12,586,092 | $15,957,358 |
Transitions - Mental Health Association San Luis Obispo, CA | $15,943,493 | $14,891,475 |
International Myeloma Foundation Studio City, CA | $20,383,236 | $17,434,390 |
Open Networking Foundation Palo Alto, CA | $9,261,912 | $16,468,416 |
Sonoma Valley Community Health Center Sonoma, CA | $15,645,180 | $13,937,473 |
After-School All-Stars Los Angeles, CA | $10,011,535 | $13,148,528 |