2024-11-15T19:56:57-06:00 2023-12-31 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2023-01-01 201544255 COMMON FUTURE COMM 5105879417 2323 BROADWAY OAKLAND CA 94612 JENNIFER NJUGUNA CO-CEO 5105879417 2024-11-15 1 1 AARON M FOX P01365820 2022274000 2024-11-14 2023 2024-10-15 13:58:12Z JENNIFER NJUGUNA 2323 BROADWAY OAKLAND CA 94612 8639201 0 X WWW.COMMONFUTURE.CO X 2003 CA COMMON FUTURE IS A NETWORK OF PIONEERING LEADERS ACROSS THE U.S. AND CANADA WHO WORK DEEPLY WITHIN THEIR COMMUNITIES TO CREATE ALTERNATIVE APPROACHES TO BUSINESS, PHILANTHROPY, AND INVESTING. WE ENVISION AN ECONOMY THAT HAS TRANSITIONED FROM THE EXTRACTIVE ACCUMULATION OF WEALTH AND CENTRALIZATION OF POWER TO ONE THAT REDISTRIBUTES WEALTH, DEMOCRATIZES POWER, AND SHIFTS ECONOMIC CONTROL TO MARGINALIZED COMMUNITIES. 6 5 49 5 0 0 13041964 4756502 0 340000 15258 39265 12000 171454 13069222 5307221 3888632 477000 0 0 4174178 5392174 0 0 1009404 1518099 4466871 9580909 10336045 3488313 -5028824 28743472 19840042 4566369 691763 24177103 19148279 X COMMON FUTURE IS A NETWORK OF PIONEERING LEADERS ACROSS THE U.S. AND CANADA WHO WORK DEEPLY WITHIN THEIR COMMUNITIES TO CREATE ALTERNATIVE APPROACHES TO BUSINESS, PHILANTHROPY, AND INVESTING. WE ENVISION AN ECONOMY THAT HAS TRANSITIONED FROM THE EXTRACTIVE ACCUMULATION OF WEALTH AND CENTRALIZATION OF POWER TO ONE THAT REDISTRIBUTES WEALTH, DEMOCRATIZES POWER, AND SHIFTS ECONOMIC CONTROL TO MARGINALIZED COMMUNITIES. 0 0 3286971 178435 340000 CAPITAL INTERMEDIATION OUR WORK AS AN INTERMEDIARY HAS THREE PRINCIPAL AIMS: REDISTRIBUTE CAPITAL TO COMMUNITY LEADERS. PILOT NEW TYPES OF FLEXIBLE FINANCING THAT BETTER SERVE THEIR NEEDS. CREATE A NEW ASSET CLASS TAILORED TO THESE COMMUNITIES THAT CAN SCALE AND ATTRACT CAPITAL ON ITS OWN. 2212646 298565 PROJECT INCUBATION WE INCUBATE PROJECTS THAT HAVE THE POTENTIAL TO DRASTICALLY TRANSFORM CAPITAL DISTRIBUTION AND WEALTH OWNERSHIP. BY FORGING COLLABORATIVES WITH LIKE-MINDED ORGANIZATIONS, WE BUILD UPON OUR SHARED NETWORKS TO BRING NEW MODELS TO LIFE. 1478808 LEADERSHIP AND FIELD BUILDING BY BRINGING TOGETHER FELLOWS, FUNDERS, AND OTHER KEY PLAYERS IN THE ECONOMY, COMMON FUTURE HAS BUILT A UNIQUE NETWORK THAT IS POISED TO LEARN TOGETHER; FORGE NEW COLLABORATIONS; PROVIDE REAL FINANCIAL OPPORTUNITIES THROUGH GRANTMAKING AND CAPITAL PRODUCTS; AND ELEVATE THIS WORK TO MAINSTREAM ACTORS IN PHILANTHROPY, INVESTING, AND POLICY TO INFLUENCE ECONOMIC SYSTEMS. 6978425 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 76 0 1 49 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 1 0 0 0 0 1 1 0 0 1 1 1 0 0 1 1 0 0 CA PA WA CO X X RODNEY FOXWORTH 5105879417 2323 BROADWAY OAKLAND CA 94612 ANTHONY CHANG CO-CHAIR 3.00 0.00 X X 0 0 0 MIRIAM WARREN CO-CHAIR 3.00 0.00 X X 0 0 0 MEADOW DIDIER TREASURER 3.00 0.00 X X 0 0 0 JORGE BLANDN DIRECTOR 3.00 0.00 X 0 0 0 NIKKI PIERATOS DIRECTOR 3.00 0.00 X 0 0 0 RODNEY FOXWORTH CEO (TO 6/23), SECRETARY 40.00 0.00 X X 177919 0 7717 JENNIFER NJUGUNA CO-CEO (AS OF 6/2023) 40.00 1.00 X 199997 0 10521 VIVIENNE LEE STRATEGIC ADVISOR 40.00 0.00 X 177919 0 7717 SANDHYA NAKHASI CO-CEO (AS OF 6/2023) 40.00 1.00 X 194297 0 7748 JESSICA FEINGOLD CO-CEO (AS OF 6/2023) 40.00 1.00 X 199691 0 17217 ALLISON JONES VP OF BRAND AND STORYTELLING 40.00 0.00 X 144385 0 5815 RAKIBA KIBRIA DIRECTOR OF ADVANCEMENT 40.00 0.00 X 135316 0 15573 LAUREN PAUL VP OF STRATEGIC ALLIANCES 40.00 0.00 X 125586 0 5225 JOANN WAGNER VP OF PEOPLE OPERATIONS 40.00 0.00 X 146980 0 20323 MARIA ANDREA PERDOMO DIRECTOR OF PORTFOLIO ADVANCEMENT 40.00 0.00 X 118079 0 12748 1620169 0 110604 18 0 1 0 0 4756502 4756502 CONTRACT REVENUE 900099 300000 300000 SERVICE FEES 900099 40000 40000 340000 252139 252139 26000 0 26000 26000 26000 3119106 3331980 -212874 -212874 -212874 OTHER INCOME 900099 145454 145454 145454 5307221 340000 0 210719 477000 477000 1000743 593193 203777 203773 3600481 2252035 880830 467616 126716 79350 31153 16213 297288 185232 70121 41935 366946 227081 86594 53271 115004 54199 47481 13324 932265 439354 384903 108008 49607 23379 20481 5747 119693 6298 111778 1617 248484 117105 102591 28788 117163 56060 31683 29420 264752 76106 159130 29516 53332 43883 8833 616 3219 2768 422 29 15054 12944 1972 138 PARTNERSHIP EXPENSES 2197667 2197667 MISCELLANEOUS 184331 93347 85055 5929 PROFESSIONAL DEVELOPMEN 127456 8023 116324 3109 DUES, FEES & SUBSCRIPTI 28566 24563 3742 261 10278 8838 1346 94 10336045 6978425 2348216 1009404 14253767 6449284 10140621 5940419 2347793 1359000 1617575 0 0 150000 23661 29166 3160 3160 0 0 350000 5912173 10055 0 28743472 19840042 630144 671763 111000 20000 1575225 0 2250000 0 4566369 691763 X 19362064 17569279 4815039 1579000 24177103 19148279 28743472 19840042 -5028824 0 X 0 1 X 1 0 X 2695900 11529627 15804953 13041964 4756502 47828946 2695900 11529627 15804953 13041964 4756502 47828946 9759270 38069676 4843 7852 12534 85572 278139 388940 900 145454 146354 48364240 2778268 0.78710 0.73290 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER MISC INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3160 3160 0 0 INVESTMENT IN SOCAP GLOBAL 250000 C INVESTMENT IN GOOD ANCESTOR 100000 C INVESTMENT IN IMPACT ALPHA 250000 C INVESTMENT IN COMMUNITY CREDIT LAB 5312173 F 5912173 X PART X, LINE 2: THE ORGANIZATION FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN FASB CODIFICATION TOPIC 740, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2023 AND DECEMBER 31, 2022, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. 0 AAA OF CDFI CEOS 301 E PINE STREET SUITE 175 ORLANDO FL 32801 852659114 501(C)(3) 25000 0 GRANT FOR BUSINESS SUPPORT ORGANIZATION CIHUAPACTLI COLLECTIVE 6437 SOUTH CENTRAL AVENUE PHOENIX AZ 85042 824846555 501(C)(3) 25000 0 GRANT FOR BUSINESS SUPPORT ORGANIZATION COMMUNITY LABOR UNITED INC 8 BEACON ST 5TH FLOOR BOSTON MA 02108 203404034 501(C)(3) 30000 0 GRANT FOR BUSINESS SUPPORT ORGANIZATION SOCIAL GOOD FUND INC 12651 SAN PABLO AVE 5473 RICHMOND CA 94805 461323531 501(C)(3) 25000 0 GRANT FOR BUSINESS SUPPORT ORGANIZATION HOZHONIGO CONSULTING LLC 9940 SAVANNAH MARIE AVE LAS VEGAS NV 89149 871400455 N/A 25000 0 GRANT FOR BUSINESS SUPPORT ORGANIZATION MIREN 32-14 48TH STREET LONG ISLAND CITY NY 11103 870994375 N/A 25000 0 GRANT FOR BUSINESS SUPPORT ORGANIZATION MISSOURI WORKERS POWER PO BOX 63002 SAINT LOUIS MO 63163 923752603 N/A 36000 0 GRANT FOR BUSINESS SUPPORT ORGANIZATION NATIONAL BLACK FOOD AND JUSTICE ALLIANCE 1450 RALPH DAVID ABERNATHY BLVD SW STE 107 ATLANTA GA 30310 862075766 501(C)(3) 10000 0 GRANT FOR BUSINESS SUPPORT ORGANIZATION NEXT CITY 100 S BROAD ST SUITE 730 PHILADELPHIA PA 19103 223886361 501(C)(3) 50000 0 GRANT FOR BUSINESS SUPPORT ORGANIZATION TIDES CENTER PO BOX 889385 LOS ANGELES CA 90088 943213100 501(C)(3) 226000 0 GRANT FOR BUSINESS SUPPORT ORGANIZATION 7 3 X X X 0 0 0 0 0 0 0 0 0 JESSICA FEINGOLD CO-CEO (AS OF 6/2023) 199691 0 0 0 0 0 7907 0 9310 0 216908 0 0 0 JENNIFER NJUGUNA CO-CEO (AS OF 6/2023) 199997 0 0 0 0 0 7917 0 2604 0 210518 0 0 0 SANDHYA NAKHASI CO-CEO (AS OF 6/2023) 194297 0 0 0 0 0 7748 0 0 0 202045 0 0 0 RODNEY FOXWORTH CEO (TO 6/23), SECRETARY 177919 0 0 0 0 0 7117 0 600 0 185636 0 0 0 VIVIENNE LEE STRATEGIC ADVISOR 177919 0 0 0 0 0 7117 0 600 0 185636 0 0 0 JOANN WAGNER VP OF PEOPLE OPERATIONS 146980 0 0 0 0 0 20323 0 0 0 167303 0 0 0 RAKIBA KIBRIA DIRECTOR OF ADVANCEMENT 135316 0 0 0 0 0 15573 0 0 0 150889 0 0 0 ALLISON JONES VP OF BRAND AND STORYTELLING 144385 0 0 0 0 0 5815 0 0 0 150200 0 0 0 PART I, LINE 3 THE BOARDS EXECUTIVE COMMITTEE DETERMINES THE CEO'S COMPENSATION. THE BOARDS EXECUTIVE COMMITTEE COMPARES THE COMPENSATION STUDY WITH THE CEO SALARIES OF SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 4 WE CHANGED THE NUMBER OF REQUIRED BOARD MEMBERS TO NO FEWER THAN 3 AND NO MORE THAN 15 AND CHANGED MISSION STATEMENT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE VP OF FINANCE, COO, CO-CEOS, BOARD CHAIR, AND BOARD TREASURER. FORM 990, PART VI, SECTION B, LINE 15A THE CEO, COO, AND VP OF PEOPLE OPERATIONS HIRES AND APPROVES THE SALARY OF ALL STAFF USING COMPARABILITY DATA AND OTHER MARKET COMPENSATION RESOURCES. THE COMMON FUTURE BOARD OF DIRECTORS OVERSEES THE HIRING AND SALARY OF THE CEO USING COMPARABILITY DATA AND REVIEW AND APPROVED BY INDEPENDENT PERSONS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. 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