EIN 91-1951777

Working Solutions Cdfi

IRS 501(c) type
501(c)(3)
Num. employees
22
Year formed
1999
Most recent tax filings
2022-09-01
Description
Working Solutions is a certified, nonprofit Community Development Financial Institution (CDFI) with a mission to provide affordable capital, customized business consulting, and community connections for underserved entrepreneurs in the San Francisco B...
Also known as...
TMC Development Working Solutions
Total revenues
$2,670,816
2022
Total expenses
$3,918,600
2022
Total assets
$16,295,715
2022
Num. employees
22
2022

Program areas at Working Solutions Cdfi

Working Solutions Cdfi ("Working Solutions or "the organization") is a California nonprofit corporation and a certified community development financial institution (Cdfi). Working Solutions is the first to believe in start-up and early-stage businesses by providing affordable capital, customized business consulting, and community connections to diverse entrepreneurs - with a focus on low-income individuals, entrepreneurs of color, and women - to increase economic opportunity in northern California. Working Solutions supports microenterprise growth to strengthen the local economy, create jobs, and build strong communities. Working Solutions provides the following services: (i) loans from $5,000 to $100,000; (ii) small business grants; (iii) free, one-on-one business consulting to help entrepreneurs navigate the challenges of owning a small business with a specific focus on financial management and risk mitigation; and (iv) referrals to free or low-cost industry experts for legal, accounting, marketing, and other types of specialized support.

Who funds Working Solutions Cdfi

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Sobrato Family Foundation (SFF)Capital, Consulting and Community Small Business Success for Silicon Valley$220,000
Opportunity Finance Network (OFN)Ofn Cdfi Tech Grant Program Supported By Google.org$100,000
Comerica Charitable FoundationCapital and Consulting for Small Business Recovery and Resilience$50,000
...and 4 more grants received

Personnel at Working Solutions Cdfi

NameTitleCompensation
Sara RazaviChief Executive Officer$183,870
Gasper MagallanesChief Financial Officer$14,583
Laura HooverChief Development Officer$175,880
Titi IkhileChief Program Officer
Jenelle RingHuman Resources Director
...and 20 more key personnel

Financials for Working Solutions Cdfi

RevenuesFYE 09/2022
Total grants, contributions, etc.$1,461,365
Program services$1,208,838
Investment income and dividends$613
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,670,816

Form 990s for Working Solutions Cdfi

Fiscal year endingDate received by IRSFormPDF link
2022-092023-03-10990View PDF
2021-092022-03-11990View PDF
2020-092021-04-15990View PDF
2019-092020-12-23990View PDF
2018-092019-10-11990View PDF
...and 9 more Form 990s
Data update history
January 2, 2024
Received grants
Identified 4 new grant, including a grant for $220,000 from Sobrato Family Foundation (SFF)
June 27, 2023
Received grants
Identified 9 new grant, including a grant for $500,000 from Citi Foundation
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 15, 2023
Updated personnel
Identified 3 new personnel
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Business and community development organizationsCharities
Issues
Human servicesCommunity improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
930 Montgomery St 400
San Francisco, CA 94133
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
workingsolutions.org/ 
Phone
(415) 780-1217
IRS details
EIN
91-1951777
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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