GNU FOUNDATION

EIN: 264479083 501(c)(3) Human Services

San Francisco, CA

Total Revenue
$146,318
Total Expenses
$117,621
Total Assets
$70,572
Net Assets
$70,572
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CA
Principal Officer
James Sempere
Phone
4154970571
Tax Period
2018-01-01 to 2018-12-31

GNU FOUNDATION, founded in 2009, is a small nonprofit in the Human Services sector that reported $146K in total revenue in fiscal year 2018. The organization ran a surplus of $29K, a strong 20% operating margin.

Mission

Public Charity providing capital and other support to organizations devoted to helping lift people out of poverty

Program Service Accomplishments

Program 1
Expenses: $11,812 Revenue: $0

Microcredit Grants - We provide our local granting partners funds to carry out microcredit grants to persons in extreme poverty; grants were provided to more than 275 individuals directly impacting...

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Microcredit Grants - We provide our local granting partners funds to carry out microcredit grants to persons in extreme poverty; grants were provided to more than 275 individuals directly impacting more than 1,500 family members.

Program 2
Expenses: $32,934 Revenue: $0

Social Business Grants - We provide grants to underwrite the costs of starting/supporting new micro businesses to support our local partners; these are focussed on agriculture; dairy; and other...

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Social Business Grants - We provide grants to underwrite the costs of starting/supporting new micro businesses to support our local partners; these are focussed on agriculture; dairy; and other regionally applicable businesses. Our local partners use the profits from these social businesses to service their financial needs. In 2017, we supported several different social business in Haiti supporting 3 hurricane ravaged villages.

Program 3
Expenses: $10,000 Revenue: $0

Family Empowerment Grants to Macheo Children's Center to help fund programs that strengthen family units which in turn strengthens the children at the center. The goal is to address the root causes...

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Family Empowerment Grants to Macheo Children's Center to help fund programs that strengthen family units which in turn strengthens the children at the center. The goal is to address the root causes of family issues that inhibit children's education and wellbeing.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $146,318
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $146,318

Expense Breakdown

Grants Paid $108,399
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $116,770
Other Expenses $9,222
TOTAL EXPENSES $117,621

Year-over-Year Comparison

2018 2017 Change
Revenue $146,318 N/A N/A
Expenses $117,621 N/A N/A
Net Income $28,697 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Sempere President 20
Director
$0 $0 $0
David Bagnani Board Secretary 2
Director
$0 $0 $0
Pamela Kohlberg Board Director 2
Director
$0 $0 $0
Paul McDowell Board Director 2
Director
$0 $0 $0
Elizabeth Dunaier Board Treasurer 5
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $146,318 $117,621 $70,572 $28,697
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