GRAB YOUR WALLET ALLIANCE

EIN: 825095411 Civil Rights & Advocacy

San Francisco, CA

Total Revenue
$221,382
Total Expenses
$111,866
Total Assets
$149,578
Net Assets
$145,044
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
CA
Principal Officer
Shannon Coulter
Phone
4158689725
Tax Period
2020-01-01 to 2020-12-31

GRAB YOUR WALLET ALLIANCE, founded in 2018, is a small nonprofit in the Civil Rights & Advocacy sector that reported $221K in total revenue in fiscal year 2020. Revenue surged 147% from the prior year, signaling strong growth momentum. The organization ran a surplus of $110K, a strong 49% operating margin.

Mission

To help people flex their economic and consumer power in ways that promote inclusion & respect, including through public education and working with brands, institutions and notable public fighgures to create a more respectful and inclusive world.

Program Service Accomplishments

Program 1
Expenses: $96,500 Revenue: $0

Grab Your Wallet's recent major programs include (1) the Force the Issue campaign (2) the Grab Your Wallet campaign and (3) a rapid-response COVID related effort. In 2019, the Force the Issue...

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Grab Your Wallet's recent major programs include (1) the Force the Issue campaign (2) the Grab Your Wallet campaign and (3) a rapid-response COVID related effort. In 2019, the Force the Issue campaign launched as an effort to get 900 large publicly traded companies to end the practice of requiring forced arbitration for sexual harassment claims as a condition of employment-a practice that inadvertently silences victims of harassment and protects serial harassers. The Force the Issue campaign secured the support of more than 40 institutional investor groups representing $54 billion in managed assets and received media coverage in the Washington Post, CBS News, Quartz and several other media outlets. In 2020, the Force the Issue database expanded to include an additional 2,600 publicly traded companies. The nonprofit's second major program in recent years, the Grab Your Wallet campaign, was designed and implemented to demonstrate the purchasing power of women and to give fair minded people a peaceful and impactful way to protest the serial targeting of marginalized people in the United States including women, immigrants, and communities of color. A real-time listing of companies gave citizens a way to reach out to powerful institutions and respectfully encourage them to reframe business practices that harmed marginalized people. This campaign's hashtag was viewed a billion times on social media and over 70 companies made the requested changes. Media coverage of Grab Your Wallet included The New York Times, NPR, BBC, CNN, The Washington Post, The Guardian, Vogue, Glamour, and Nightline. The nonprofit's third major program occurred in 2020 and was a COVID-related rapid response program that advocated for the safety and dignity of essential workers. At the peak of the pandemic, thousands of workers reached out to Grab Your Wallet with various advocacy related requests. These requests related almost exclusively to the policies of their employers, some of whom workers felt were unnecessarily endangering their safety. One example is that during the early days of the pandemic, some employers were not permitting their employees to wear a mask, fearing it would scare customers. In all cases, our nonprofit worked directly with employers to make them aware of public health guidelines and ensure the safety of workers. Our outreach centered around employers' mask-related policies, paid leave-related policies, testing related policies, the availability of cleaning & sanitation supplies, essential versus nonessential business designations, and promotional event-related plans and policies among others.

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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 (2020)

Revenue Breakdown

Contributions & Grants $221,323
Program Service Revenue $0
Investment Income $59
Other Revenue $0
TOTAL REVENUE $221,382

Expense Breakdown

Grants Paid $0
Salaries & Benefits $64,695
Fundraising Expenses $4,822
Program Expenses $96,500
Other Expenses $47,171
TOTAL EXPENSES $111,866

Year-over-Year Comparison

2020 2019 Change
Revenue $221,382 $89,648 +1.5%
Expenses $111,866 $54,120 +1.1%
Net Income $109,516 $35,528 +2.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
2
Volunteers
N/A

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
4
$43,000
Total Directors
7
$43,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shannon Coulter President/Executive Director 60
Officer Director
$43,000 $0 $43,000
Jennifer DaSilva Chair of Board 4
Officer Director
$0 $0 $0
Lilly Streider Secretary 4
Officer Director
$0 $0 $0
David Coulter Treasurer 16
Officer Director
$0 $0 $0
Samuel Frank Board Member 4
Director
$0 $0 $0
Rachel Robasciotti Board Member 4
Director
$0 $0 $0
Iris Kuo Board Member 4
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
2020 $221,382 $111,866 $149,578 $109,516
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