OUR CHANGE FOUNDATION

EIN: 863353394 501(c)(3) Philanthropy & Grantmaking

SAN FRANCISCO, CA

Total Revenue
$8,965,471
Total Expenses
$7,822,228
Total Assets
$2,055,709
Net Assets
$1,909,681
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
DE
Principal Officer
AMAR SHAH
Phone
8164729000
Tax Period
2024-01-01 to 2024-12-31

OUR CHANGE FOUNDATION, founded in 2021, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $9.0M in total revenue in fiscal year 2024. Revenue surged 226% from the prior year, signaling strong growth momentum. Expenses of $7.8M left a modest 13% surplus.

Mission

OUR CHANGE FOUNDATION (OCF) WILL FURTHER CHARITABLE AND EDUCATIONAL PURPOSES BY ENGAGING IN THE FOLLOWING SPECIFIC ACTIVITIES. OCF WILL AIM TO INCREASE SOCIAL GOOD ON THE INTERNET BY EDUCATING THE PUBLIC AND CORPORATIONS ABOUT CHARITABLE CAUSES. IN ADDITION, OCF WILL ENCOURAGE BUSINESSES AND OTHERS TO INTEGRATE PHILANTHROPY AND CHARITABLE INITIATIVES INTO THEIR PRACTICES, AND OCF WILL MAKE GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS RESULTING FROM THIS PHILANTHROPIC SUPPORT. THROUGH OCF'S EFFORTS IN EDUCATING CORPORATIONS AND THE PUBLIC ABOUT CHARITABLE CAUSES, AS WELL AS OCF'S GRANT-MAKING PROGRAM, OCF WILL MAKE IT SEAMLESS FOR CORPORATIONS AND THE PUBLIC TO SUPPORT OCF AND THE CHARITIES THEY LOVE. OCF SERVES AS A MEANS FOR DONORS, COMPANIES AND NONPROFITS TO STREAMLINE CHARITABLE PARTNERSHIPS AND FUNDING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $8,969,745
Program Service Revenue $0
Investment Income $-4,274
Other Revenue $0
TOTAL REVENUE $8,965,471

Expense Breakdown

Grants Paid $6,261,457
Salaries & Benefits $16,167
Fundraising Expenses $1,315,612
Program Expenses $6,294,033
Other Expenses $228,992
TOTAL EXPENSES $7,822,228

Year-over-Year Comparison

2024 2023 Change
Revenue $8,965,471 $2,753,655 +2.3%
Expenses $7,822,228 $2,059,592 +2.8%
Net Income $1,143,243 $694,063 +0.6%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
3
Employees
N/A
Volunteers
5

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
2
$16,167
Total Directors
7
$16,167
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SONIA NIGAM CEO & SECRETARY 2.00
Officer Director
$0 $0 $8,083
AMAR SHAH PRESIDENT & TREASURER 2.00
Officer Director
$0 $0 $8,084
BEN LEVY RESIGNED 62024 BOARD MEMBER 1.00
Director
$0 $0 $0
TERESA DURAN BEGAN 122024 BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES SIEGAL BOARD MEMBER 1.00
Director
$0 $0 $0
CLAM LORENZ BOARD MEMBER 1.00
Director
$0 $0 $0
CLAIRE MANAOIS BOARD MEMBER 1.00
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
2024 $8,965,471 $7,822,228 $2,055,709 $1,143,243
2023 $2,753,655 $2,059,592 $834,652 $694,063
2022 $1,780,809 $1,771,182 $797,215 $9,627
2021 $100,311 $96,245 $4,066 $4,066
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