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        <ExplanationTxt>IN AUGUST 2021, RVC ENTERED INTO A PARTNERSHIP WITH THE SOCIAL JUSTICE FUND, AN INDEPENDENT 501(C)(3) ORGANIZATION, TO OVERSEE THE COLLECTION AND ADMINISTRATION OF PLEDGES AND CONTRIBUTIONS FOR RVC'S SOCIAL JUSTICE LEAGUE PROGRAM. UNDER THE TERMS OF THE AGREEMENT, THE SOCIAL JUSTICE FUND RETAINS FINAL VARIANCE POWER OVER THE DISTRIBUTION OF THESE FUNDS TO RVC'S PARTNERS. ACCORDINGLY, NO PRINCIPAL-AGENT RELATIONSHIP EXISTS BETWEEN THE TWO ORGANIZATIONS. AS OF JUNE 30, 2022, RVC HAD INCORRECTLY RECOGNIZED $4,800,999 IN CONTRIBUTIONS, GRANTS RECEIVABLE, AND GRANT REVENUE FROM FOUNDATION AND NONPROFIT SOURCES. THE FINANCIAL STATEMENTS HAVE BEEN RESTATED TO REFLECT THE APPROPRIATE BALANCES AS OF JUNE 30, 2022. THE ORGANIZATION AND ITS AUDITOR HAVE AGREED TO REPORT THESE ADJUSTMENTS AS A RESTATEMENT OF BEGINNING NET ASSETS FOR THE FISCAL YEAR ENDING JUNE 30, 2024.</ExplanationTxt>
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        <RecipientBusinessName>
          <BusinessNameLine1Txt>FAMILIES OF COLOR SEATTLE</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>3703 S EDMUNDS ST 132</AddressLine1Txt>
          <CityNm>SEATTLE</CityNm>
          <StateAbbreviationCd>WA</StateAbbreviationCd>
          <ZIPCd>98118</ZIPCd>
        </USAddress>
        <RecipientEIN>465306153</RecipientEIN>
        <IRCSectionDesc>501(c)(3)</IRCSectionDesc>
        <CashGrantAmt>259444</CashGrantAmt>
        <PurposeOfGrantTxt>TRANSFER FOCS FUNDS TO THEIR NEW BANK ACCOUNT OUTSIDE OF RVC TO FINALIZE THEIR SPIN OFF</PurposeOfGrantTxt>
      </RecipientTable>
      <Total501c3OrgCnt>2</Total501c3OrgCnt>
      <TotalOtherOrgCnt>1</TotalOtherOrgCnt>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>COMMUNITY CARE AND STIPENDS</GrantTypeTxt>
        <RecipientCnt>53</RecipientCnt>
        <CashGrantAmt>54144</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Schedule I, Part I, Line 2</FormAndLineReferenceDesc>
        <ExplanationTxt>GRANTS ARE TRACKED AND RECORDED WHEN PROVIDED. STIPENDS ARE PROVIDED FOR PROGRAM PARTICIPATION</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleL documentId="R000007" softwareId="23018249" softwareVersionNum="v1.00">
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <PersonNm>ANANDA VALENZUELA</PersonNm>
        </NameOfInterested>
        <RelationshipDescriptionTxt>FORMER INTERIM EXECUTIVE DIRECTOR</RelationshipDescriptionTxt>
        <TransactionAmt>11750</TransactionAmt>
        <TransactionDesc>GUEST TRAINER FOR CI FELLOWS TRAININGS</TransactionDesc>
        <SharingOfRevenuesInd>0</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="R000008" softwareId="23018249" softwareVersionNum="v1.00">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>THE 990 WILL BE REVIEWED BY THE FINANCE COMMITTEE BEFORE SUBMISSION AND SHARED WITH THE FULL GOVERNANCE BODY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>RANIER VALLEY CORPS HAS TRAINED THEIR STAFF AND BOARD ON THE UNDERSTANDING OF CONFLICTS OF INTEREST AND ENSURING THAT THESE DO NOT NEGATIVELY IMPACT ORGANIZATIONAL DESCION-MAKING, AND MONITOR THE CONFLICT OF INTEREST FORMS TO ENSURE EVERYONE IS IN COMPLIANCE WITH THE POLICY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 15</FormAndLineReferenceDesc>
        <ExplanationTxt>A NONPROFIT COMPENSATION REPORT WAS REVIEWED, AND SALARY WAS SET IN ALIGNMENT WITH SALARY NORMS FOR THE POSITION TITLE AND GEOGRAPHIC LOCATION. REGARDING THE EXECUTIVE DIRECTOR SALARY, THE RECOMMENDED SALARY WAS DISCUSSED CAREFULLY BY THE BOARD AND APPROVED. FOR OTHER KEY EMPLOYEES, A SIMILAR PROCESS WAS USED TO SET THE SALARY, AND THE EXECUTIVE DIRECTOR MADE THE FINAL SALARY DECISIONS, WITH ADVICE AND CAREFUL CONSIDERATION OF THE BUDGET.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section C, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 9990 AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST. THE FORM 990 IS ALSO MADE AVAILABLE TO THE PUBLIC VIA GUIDESTAR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part IX, Line 11g</FormAndLineReferenceDesc>
        <ExplanationTxt>CONSULTANTS AND TEMPORARY HELP.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part XI, Line 9</FormAndLineReferenceDesc>
        <ExplanationTxt>IN AUGUST 2021, RVC ENTERED INTO A PARTNERSHIP WITH SOCIAL JUSTICE FUND, A SEPARATE 501(C)(3) ORGANIZATION TO COLLECT AND ADMINISTER PLEDGES AND CONTRIBUTIONS FOR RVC'S SOCIAL JUSTICE LEAGUE PROGRAM. UNDER THE TERMS OF THE AGREEMENT, SOCIAL JUSTICE FUND HAS FINAL VARIANCE POWER OVER HOW THESE CONTRIBUTIONS ARE DISTRIBUTED TO RVC'S PARTNERS, AND THEREFORE, NO PRINCIPAL-AGENT RELATIONSHIP EXISTS BETWEEN THE TWO ORGANIZATIONS. AS OF JUNE 30, 2022, RVC HAD INCORRECTLY RECOGNIZED CONTRIBUTIONS AND GRANTS RECEIVABLE AND FOUNDATION AND NONPROFIT GRANT REVENUE OF $4,801,000. THESE FINANCIAL STATEMENTS HAVE BEEN RESTATED TO REFLECT THE PROPER BALANCES AT JUNE 30, 2022.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>