2023-11-09T16:02:02-06:00 2022-12-31 330700332 VASQUEZ COMPANY LLP 655 N CENTRAL AVE STE 1550 GLENDALE CA 91203 990 2022-01-01 810895767 CAPITAL & MAIN CAPI 3233157578 1910 W SUNSET BLVD 740 LOS ANGELES CA 90026 DANNY FEINGOLD EXECUTIVE DIRECTOR 3233157578 2023-11-07 1 DANNY FEINGOLD 888008888 0 REGINA PRINCE CPA P00576936 2138731700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DANNY FEINGOLD 1910 W SUNSET BLVD 740 LOS ANGELES CA 90026 3167209 0 X WWW.CAPITALANDMAIN.COM X 2015 CA TO PRODUCE INVESTIGATIVE REPORTING, NEWS FEATURES, AND ANALYSIS ON ISSUES SUCH AS ECONOMIC INEQUALITY, CLIMATE CHANGE, RENEWABLE ENERGY, HEALTH CARE, AND GOVERNMENT OUTSOURCING. 12 11 10 11 0 0 1819655 3041254 0 0 0 0 23500 25468 1843155 3066722 0 0 0 0 969500 1106320 0 0 158648 949865 1258508 1919365 2364828 -76210 701894 794047 1899295 61335 464689 732712 1434606 X TO PRODUCE INVESTIGATIVE REPORTING, NEWS FEATURES, AND ANALYSIS ON ISSUES SUCH AS ECONOMIC INEQUALITY, CLIMATE CHANGE, RENEWABLE ENERGY, HEALTH CARE, AND GOVERNMENT OUTSOURCING. 0 0 2038982 CAPITAL & MAIN IS AN AWARD-WINNING, IMPACT-DRIVEN NONPROFIT PUBLICATION THAT PRODUCES FACT-BASED REPORTING ON TWO OF THE GREATEST CHALLENGES OF OUR TIME: INEQUALITY AND CLIMATE CHANGE. THROUGH COVERAGE OF ECONOMIC AND POLITICAL POWER, AND REPORTING THAT REFLECTS A DIVERSE SET OF VOICES, WE INFORM AND INFLUENCE THE PUBLIC CONVERSATION. CAPITAL & MAIN PUBLISHED THE LARGEST AMERICAN REPORTING PROJECT OF 2020 ON ECONOMIC INEQUALITY, WITH 100 ORIGINAL STORIES. THAT SAME YEAR CAPITAL & MAIN LAUNCHED "THE SLICK," ONE OF THE MOST AMBITIOUS CLIMATE REPORTING EFFORTS IN THE COUNTRY. "THE SLICK" INVESTIGATES THE INFLUENCE OF THE OIL AND GAS INDUSTRY ON CLIMATE POLICY IN THE LARGEST FOSSIL FUEL-PRODUCING STATES. IN 2022 CAPITAL & MAIN ALSO PUBLISHED A MAJOR REPORTING PROJECT ON THREATS TO DEMOCRACY. CAPITAL & MAIN'S REPORTING HAS LED TO A WIDE RANGE OF IMPACTS. AN INVESTIGATION OF LEAD CONTAMINATION DIRECTLY TRIGGERED THE DRAFTING AND PASSAGE OF LEGISLATION TO STRENGTHEN PROTECTIONS FOR WORKERS IN CALIFORNIA. OUR INVESTIGATION INTO ANDREW PUZDER, DONALD TRUMP'S FIRST LABOR SECRETARY NOMINEE, PLAYED A CRITICAL ROLE IN PUZDER WITHDRAWING HIS NOMINATION. CAPITAL & MAIN'S REPORTING ON A HIGH-STAKES COLORADO BALLOT MEASURE FUNDED BY THE OIL AND GAS INDUSTRY CONTRIBUTED TO THAT MEASURE'S DEFEAT, AND OUR COVERAGE OF THE OIL AND GAS INDUSTRY IN NEW MEXICO LED TO LARGE FINES AGAINST TWO FOSSIL FUEL COMPANIES. CAPITAL & MAIN'S STORIES ARE CO-PUBLISHED IN DOZENS OF NATIONAL AND REGIONAL OUTLETS, INCLUDING USA TODAY, THE GUARDIAN, ROLLING STONE, FORTUNE, FAST COMPANY, NEWSWEEK, THE AMERICAN PROSPECT AND MANY OTHERS. OUR COVERAGE IS FREQUENTLY CITED BY THE LOS ANGELES TIMES, THE NEW YORK TIMES, POLITICO AND OTHER LEADING PUBLICATIONS. CAPITAL & MAIN'S STORIES ARE ALSO CO-PUBLISHED IN A LARGE NUMBER OF OUTLETS THAT SERVE A DIVERSE RANGE OF COMMUNITIES, AND ARE WIDELY READ AND DISTRIBUTED BY GRASSROOTS LEADERS AND POLICY EXPERTS.IN THE PAST FIVE YEARS, CAPITAL & MAIN HAS WON MORE THAN 200 AWARDS, INCLUDING A BEST IN THE WEST PRIZE AND SEVERAL AWARDS FROM THE SOCIETY FOR ADVANCING BUSINESS EDITING AND WRITING. 2038982 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 62 0 1 10 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 CA X THE ORGANIZATION 3233157578 1910 W SUNSET BLVD 740 LOS ANGELES CA 90026 DANNY FEINGOLD EXECUTIVE DIRECTOR 48.00 X X 148883 0 35993 DIANA BUCKHANTZ SECRETARY 1.00 X X 0 0 0 ERIN AUBRY KAPLAN CHAIR 1.00 X X 0 0 0 AARON DORFMAN CO-CHAIR 1.00 X X 0 0 0 HAROLD MEYERSON DIRECTOR 1.00 X 0 0 0 ALIA GRIFFING DIRECTOR 1.00 X 0 0 0 COLE FRATES DIRECTOR 1.00 X 0 0 0 KEITH PACE DIRECTOR 1.00 X 0 0 0 REBECCA ZOGLMAN DIRECTOR 1.00 X 0 0 0 RICK WARTZMAN DIRECTOR 1.00 X 0 0 0 JOSEPH BRYANT DIRECTOR 1.00 X 0 0 0 MORRIS PEARL DIRECTOR 1.00 X 0 0 0 RUBIT ORZOCO FINANCE AND ADMIN DIRECTOR 40.00 X 73586 0 29491 222469 0 65484 1 0 1 0 0 122471 2918783 3041254 22000 0 22000 22000 22000 100487 122471 100487 0 OTHER INCOME 900099 3468 3468 3468 3066722 0 0 25468 X 287953 226279 29831 31843 630865 508293 54402 68170 22923 16464 3727 2732 98690 70884 16045 11761 65889 53206 5629 7054 53294 53294 10960 4384 6576 703975 686833 10517 6625 56457 43808 10248 2401 212196 179099 20365 12732 27617 27617 13440 13440 8536 7682 854 15681 10046 4917 718 PRINTING & GRAPHIC DESI 46280 46280 PUBLIC INFORMATION 39089 39089 DUES & SUBSCRIPTION 28844 28844 FURNITURE & EQUIPMENT 21586 19124 2462 20553 4316 1625 14612 2364828 2038982 167198 158648 718121 1343721 17087 122822 13445 900 42306 25754 9515 16552 35879 415300 794047 1899295 61335 77657 2000 0 385032 61335 464689 X 287443 411139 445269 1023467 732712 1434606 794047 1899295 701894 0 X 0 1 X 1 0 X 1369051 1242086 2075095 1728155 3041254 9455641 1369051 1242086 2075095 1728155 3041254 9455641 847474 8608167 24000 20500 22000 22000 88500 103126 37744 1651 1500 103955 247976 9792117 0.87910 0.92610 X PART II SECTION B LINE 10 2018 FUNDRAISING GROSS INCOME = $103,126 2019 OTHER INCOME = $3,833 2019 FUNDRAISING GROSS INCOME = $33,911 2020 OTHER INCOME = $1,651 2021 OTHER INCOME = $1,500 2022 FUNDRAISING GROSS INCOME = $100,487 2022 OTHER INCOME = $3,468 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42306 25754 16552 16552 DEPOSIT 35879 OPERATING RIGHT-OF-USE ASSET 379421 415300 OPERATING LEASE LIABILITY 385032 385032 X 3116722 50000 50000 3066722 0 3066722 2414828 50000 50000 2364828 0 2364828 PART X, LINE 2: CAPITAL & MAIN IS A PUBLIC CHARITY ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. CONTRIBUTIONS TO CAPITAL & MAIN ARE TAX-DEDUCTIBLE TO DONORS UNDER SECTION 170 OF THE IRC. CAPITAL & MAIN HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS AND JURISDICTIONS FOR WHICH IT IS CONNECTED, AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. CAPITAL & MAIN HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. CAPITAL & MAIN'S INCOME TAX RETURNS REMAIN SUBJECT TO EXAMINATION FOR ALL TAX YEARS ENDED ON OR AFTER DECEMBER 31, 2018, WITH REGARD TO ALL TAX POSITIONS AND RESULTS REPORTED. EXPOSES 222958 122471 100487 100487 222958 122471 100487 100487 100487 0 X X 0 0 0 0 0 0 0 0 0 DANNY FEINGOLD EXECUTIVE DIRECTOR 148883 0 0 0 0 0 7444 0 28549 0 184876 0 0 0 PART I, LINE 3 CAPITAL & MAIN'S BOARD OF DIRECTORS HAS A PROCESS FOR REVIEWING AND APPROVING THE COMPENSATION OF THE EXECUTIVE DIRECTOR ON A REGULAR BASIS TO DETERMINE IT IS FAIR AND REASONABLE WITH THE GOAL OF RETAINING EMPLOYEES AT COMPENSATION LEVELS WITHIN APPROPRIATE MARKET RANGE. THE PROCESS FOR DETERMINING THE COMPENSATION PAID TO THE EXECUTIVE DIRECTOR INCLUDES THE APPROVAL OF THE COMPENSATION ARRANGEMENT IN ADVANCE, BY THE BOARD OF DIRECTORS, WITH ALL PERSONS WITH A CONFLICT OF INTEREST ABSTAINING FROM THE BOARD'S DELIBERATION AND DISCUSSION. THE BOARD REVIEWS DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED NONPROFIT EXECUTIVES AT SIMILARLY SITUATED ENTITIES. THE DOCUMENTATION OF THE BOARD INCLUDES THE TERMS OF THE TRANSACTION AND THE DATE OF APPROVAL, THE MEMBERS WHO WERE PRESENT DURING THE DEBATE AND VOTE ON THE TRANSACTION, A DESCRIPTION OF THE COMPARABLE DATA AND HOW IT WAS OBTAINED, AND DOCUMENTATION OF THE BASIS FOR THE DETERMINATION. FORM 990, PART VI, SECTION B, LINE 11B CAPITAL & MAIN'S CPA FIRM PREPARES THE FORM 990. THE INFORMATION RETURN IS REVIEWED AND APPROVED BY THE ORGANIZATION'S CONTROLLER OR CFO AND CEO. THE VOTING MEMBERS OF THE BOARD RECEIVE A COMPLETE COPY, INCLUDING ALL SCHEDULES, PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CAPITAL & MAIN REQUIRES ALL OFFICERS, DIRECTORS AND EMPLOYEES TO DISCLOSE, AT LEAST ANNUALLY, ALL POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIALS FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE MUST LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST. A) AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETINGS, BUT AFTER THE PRESENTATION, HE/SHE MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE NOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B) THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE WILL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C) AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE WILL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE WILL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT WILL MAKE ITS DECISIONS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. PERIODIC REVIEWS. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED. THESE REVIEWS CONSIDER WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE; AND WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A CAPITAL & MAIN'S BOARD OF DIRECTORS HAS A PROCESS FOR REVIEWING AND APPROVING THE COMPENSATION OF THE EXECUTIVE DIRECTOR ON A REGULAR BASIS TO DETERMINE IT IS FAIR AND REASONABLE WITH THE GOAL OF RETAINING EMPLOYEES AT COMPENSATION LEVELS WITHIN APPROPRIATE MARKET RANGE. THE PROCESS FOR DETERMINING THE COMPENSATION PAID TO THE EXECUTIVE DIRECTOR INCLUDES THE APPROVAL OF THE COMPENSATION ARRANGEMENT IN ADVANCE, BY THE BOARD OF DIRECTORS, WITH ALL PERSONS WITH A CONFLICT OF INTEREST ABSTAINING FROM THE BOARD'S DELIBERATION AND DISCUSSION. THE BOARD REVIEWS DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED NONPROFIT EXECUTIVES AT SIMILARLY SITUATED ENTITIES. THE DOCUMENTATION OF THE BOARD INCLUDES THE TERMS OF THE TRANSACTION AND THE DATE OF APPROVAL, THE MEMBERS WHO WERE PRESENT DURING THE DEBATE AND VOTE ON THE TRANSACTION, A DESCRIPTION OF THE COMPARABLE DATA AND HOW IT WAS OBTAINED, AND DOCUMENTATION OF THE BASIS FOR THE DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 SOME OR ALL OF THESE ITEMS MAY BE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 686,833. MANAGEMENT AND GENERAL EXPENSES 10,517. FUNDRAISING EXPENSES 6,625. TOTAL EXPENSES 703,975. FORM 990, PART IX, LINE 24E OUTREACH: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 14,612. TOTAL EXPENSES 14,612. ADMINISTRATIVE: PROGRAM SERVICE EXPENSES 2,412. MANAGEMENT AND GENERAL EXPENSES 1,625. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,037. DONATION: PROGRAM SERVICE EXPENSES 1,904. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,904.