Lever For Change
- Assets
- $17.4m
- Revenue
- $11.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-3044655
Organization Overview
Lever For Change is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lever For Change 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, Lever For Change generated $11.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.4%) each year. All expenses for the organization totaled $7.8m during the year ending 12/2021. 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
OUR MISSION IS TO UNLOCK SIGNIFICANT PHILANTHROPIC CAPITAL AND ACCELERATE SOCIAL CHANGE AROUND THE WORLD'S MOST PRESSING CHALLENGES. LEVER FOR CHANGE HELPS PHILANTHROPISTS SOURCE VETTED, HIGH-IMPACT OPPORTUNITIES IN TWO WAYS: BY DESIGNING AND MANAGING CUSTOMIZED COMPETITIONS AND BY MATCHING THEM WITH THE TOP VETTED PROPOSALS FROM ALL OF ITS COMPETITIONS IN THE BOLD SOLUTIONS NETWORK, A SEARCHABLE ONLINE DATABASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPETITION MANAGEMENT - THE ORGANIZATION DEVELOPS AND MANAGES CUSTOMIZED COMPETITIONS FOR PHILANTHROPISTS AND MATCHES DONORS WITH THE TOP VETTED PROPOSALS FROM SUCH COMPETITIONS IN A SEARCHABLE ONLINE DATABASE OF SOLUTIONS KNOWN AS THE BOLD SOLUTIONS NETWORK.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director / Board Chair | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dalberg Consulting Us Llc Strategic Technical Assistance | 12/30/21 | $301,975 |
The Bridgespan Group Strategy And Competition Technical Support | 12/30/21 | $1,109,167 |
Common Pool Llc Dba Carrot Competition Management | 12/30/21 | $408,063 |
Mt Auburn Associates Strategic Technical Assistance | 12/30/21 | $521,515 |
Fionta Incorporated Software Implementation | 12/30/21 | $239,046 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $403,606 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,125,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,528,606 |
| Total Program Service Revenue | $1,531,382 |
| 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 | $11,059,988 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $125,000 |
| 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 | $4,948 |
| Fees for services: Accounting | $26,889 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,028,327 |
| Advertising and promotion | $0 |
| Office expenses | $3,298 |
| Information technology | $322,312 |
| Royalties | $0 |
| Occupancy | $192,830 |
| Travel | $5,870 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,007 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,977 |
| Insurance | $33,449 |
| All other expenses | $0 |
| Total functional expenses | $7,772,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,140,371 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,028,067 |
| 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 | $170,947 |
| Net Land, buildings, and equipment | $32,443 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,371,828 |
| Accounts payable and accrued expenses | $186,984 |
| Grants payable | $0 |
| Deferred revenue | $221,354 |
| 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 | $408,338 |
| Net assets without donor restrictions | $11,219,835 |
| Net assets with donor restrictions | $5,743,655 |
| 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 | $17,371,828 |
Grants Awarded
Over the last fiscal year, Lever For Change has awarded $125,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Waterbury, VT PURPOSE: to support an alliance strategy to address needless cataract blindness in aligned operating countries in Sub-Saharan Africa | $25,000 |
Washington, DC PURPOSE: in support of 150 students and professional refugees in Lebanon access to career fairs and workshops | $25,000 |
Decatur, GA PURPOSE: in support of accelerating progress toward the elimination of leprosy | $25,000 |
Oakland, CA PURPOSE: to support the New Energy Nexus Online Startup School | $25,000 |
Annandaleonhudson, NY PURPOSE: to support the 2022 Worldwide Teach-In on Climate and Justice | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Lever For Change has recieved totaling $19,500,000.
| Awarding Organization | Amount |
|---|---|
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF OPERATIONS FOR A NEW ENTITY WHOSE PURPOSE IS TO UNLOCK PHILANTHROPIC CAPITAL FOR GLOBAL SOCIAL CHALLENGES THROUGH A VARIETY OF MECHANISMS, INCLUDING CUSTOM COMPETITIONS AND MATCHING PHILANTHROPISTS TO AMBITIOUS FUNDING OPPORTUNITIES. | $6,000,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF OPERATIONS FOR A NEW ENTITY WHOSE PURPOSE IS TO UNLOCK PHILANTHROPIC CAPITAL FOR GLOBAL SOCIAL CHALLENGES THROUGH A VARIETY OF MECHANISMS, INCLUDING CUSTOM COMPETITIONS AND MATCHING PHILANTHROPISTS TO AMBITIOUS FUNDING OPPORTUNITIES. | $6,000,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF OPERATIONS FOR A NEW ENTITY WHOSE PURPOSE IS TO UNLOCK PHILANTHROPIC CAPITAL FOR GLOBAL SOCIAL CHALLENGES THROUGH A VARIETY OF MECHANISMS INCLUDING CUSTOM COMPETITIONS AND MATCHING PHILANTHROPISTS TO AMBITIOUS FUNDING OPPORTUNITIES | $6,000,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: PUBLIC AWARENESS AND ANALYSIS | $1,500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crown Family Foundation Chicago, IL | $468,729,562 | $19,005,366 |
Christian Community Health Center Chicago, IL | $24,875,996 | $21,223,346 |
Jewish Federation Of St Louis St Louis, MO | $156,968,183 | $19,475,995 |
Pritzker Family Philanthropic Fund Chicago, IL | $175,241,348 | $15,696,254 |
Memorial Foundation Inc Belleville, IL | $139,919,506 | $17,553,919 |
Ramtell Inc Tell City, IN | $25,696,087 | $2,760,088 |
Marquardt Home And Community Based Services Inc Watertown, WI | $9,140,172 | $14,598,397 |
Jewish Federation Of Greater Indianapolis Inc Indianapolis, IN | $105,560,722 | $10,106,603 |
Winning Wheels Inc Prophetstown, IL | $11,909,541 | $13,671,140 |
United Way Fox Cities Inc Menasha, WI | $16,186,120 | $10,302,524 |
Heart Of Illinois United Way Inc Peoria, IL | $14,132,248 | $9,955,140 |
Jewish Community Of Louisville Inc Louisville, KY | $51,829,029 | $17,241,761 |