NonprofitsCaravanserai Project

International, Foreign Affairs & National Security

Caravanserai Project

PALM SPRINGS, CA

Total revenue

$1.0M

Total expenses

$1.8M

Net assets

$596K

Grants received

$956K

28 grants

EIN

812497638

Tax year

2024

Mission

Caravanserai project was founded in 2016 as a mission-driven hybrid venture whose goal is to support social impact entrepreneurs (for profit and nonprofit alike) strengthen their organizational infrastructure and build sustainable and relevant organizations that are working towards irreversible system change. Caravanserai project designs and implements technical assistance and capacity building programs with a particular focus on entrepreneurs and organizations in the inland empire and southern california but works extensively across the nation and internationally. We have been operating a pre-accelerator/incubator for mission driven organizations in the inland empire since 2018. In 2019 the organization developed a series of programs, the breakthrough masterclasses. As covid-19 the organization pivoted and provided online masterclasses on survival and sustainability and enduring impact to 58 organizations and conducted 17 training webinars to over 500 organizations during the year.

Programs

3 programs

Business readiness training and grant making are interconnected and provide mission-driven entrepreneurs both technical support and funding. Starting 2022 to 2024, caravanserai project will work with over 200 beneficiaries in the ie and provide a total of over $1.5m in micro-grants. In 2023, caravanserai project offers almost $1.8m in up to $10,000 micro-grants as part of the dream fund program funded by the california office of small business advocate to over 150 startup entrepreneurs in california who successfully graduated the business readiness training program or seed lab pre-accelerator.

Expenses: $1.1MGrants: $483K

The business coaching program provides one-on-one and group advisory services to entrepreneurs, nonprofit leaders, and small business owners to strengthen their management, operations, and long term sustainability. Participants receive tailored guidance in areas such as financial management, compliance, business planning, marketing, and organizational development. Coaching sessions are designed to meet each participant's specific needs and to provide actionable tools for growth.the program emphasizes support for historically underserved and underrepresented communities. By offering individualized coaching and technical assistance, it helps participants improve their business models, access funding opportunities, and increase their capacity to create jobs and deliver services in their communities.

Expenses: $364K

Breakthrough masterclasses and strategic networking and planning circles are short-term programs for leadership of advanced mission-driven organizations. Cohorts of up to 10 participants are part of curated conversations, training, and exchanges of ideas.

Expenses: $46K

Financials

FY 2024

Revenue

Contributions & grants$988K
Program service revenue
Investment income$19K
Other revenue$134
Total revenue$1.0M

Expenses

Grants paid$483K
Salaries & benefits$691K
Fundraising$285
Other expenses$591K
Total expenses$1.8M
Total assets$745K
Net assets$596K

People

13 listed

NameRoleCompensation

MIHAI PATRU

PRESIDENT

Board

$100K

40 hrs/wk

FRANZENE MINOTT

CHIEF OPERATIONS OFFICER

Board

$67K

40 hrs/wk

STEPHEN BENNETT

BOARD TREASURER

Board

$66K

40 hrs/wk

HELI CASTANEDA

BOARD MEMBER

Board

1 hrs/wk

JERRY FOGELSON

BOARD MEMBER

Board

1 hrs/wk

CHRISTOPHER HOPKINS-GILLISPIE

BOARD MEMBER

Board

1 hrs/wk

RHETT WILSON

BOARD MEMBER

Board

1 hrs/wk

KEVEN PALMER

BOARD MEMBER

Board

1 hrs/wk

NEREYDA RODRIGUEZ-LOO

BOARD MEMBER

Board

1 hrs/wk

DEEDEE TOWERY

BOARD MEMBER

Board

1 hrs/wk

REGINAL WEATHERSPOON-BELL

BOARD MEMBER

Board

1 hrs/wk

CRAIG DOUGHERTY

BOARD MEMBER

Board

1 hrs/wk

LARRY COLTON

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 28 of 28

FromAmountPurposeYear
$5K
INTERNATIONAL/FOREIGN AFFAIRS
2024
$90K
Economic Development
2023
$25K
CBS Spotlight Grant - to assist in the costs related to the 2023/2024 SEED Lab Pre-accelerator program
2023
$18K
INTERNATIONAL, FOREIGN AFFAIRS
2023
$15K
TO EMPOWER INDIVIDUALS FROM UNDER-RESOURCED COMMUNITIES
2023
$14K
For grant recipient's exempt purposes
2023
$10K
Sponsorship
2023
$5K
Economic Development and Education
2023
$52K
Advancement of DEI values and best practices; Match; Social Enterprise Projects
2022
$13K
For grant recipient's exempt purposes
2022
$7K
DONOR-RECOMMENDED, INTERNATIONAL RELATIONS
2022
$100
GENERAL OPERATING SUPPORT
2022
$100
GENERAL OPERATING SUPPORT
2022
$5K
TO SUPPORT MISSION-DRIVEN ENTREPRENEURS
2021
$79K
to develop a Three-Year Board Approved Strategic Plan
2020
$35K
HEALTH SERVICES
2020
$35K
EQUALITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2020
$25K
to develop a Three-Year Board Approved Strategic Plan
2020
$25K
MOSSIER FOUNDATION SUPPORT FOR UPPER RIFT MINORITIES (KENYA), HOYMAS (KENYA). FARUG (UGANDA)
2020
$15K
For support of California activities
2020
$10K
INTERNATIONAL, FOREIGN AFFAIRS
2020
$50K
ALTURI.ORG, TIDES CARIBBEAN PRIDE FUND
2019

Funded by

$956K from 15 funders · 28 grants · 2019–2024

Regional Access Project Foundation

$331K · 2 grants · 2020–2023

Inland Empire Community Foundation

$246K · 4 grants · 2020–2023

Wellspring Philanthropic Fund Inc

$175K · 4 grants · 2019–2023

Tides Foundation

$35K · 1 grant · 2020

Donor Advised Charitable Giving Inc

$28K · 2 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$26K · 2 grants · 2022–2023

Harry and Masie Masto Foundation

$25K · 1 grant · 2020

HN and Frances C Berger Foundation

$25K · 1 grant · 2023

Details

EIN812497638
NTEE codeQ30
Subsection03
Ruling date2017-02
Formed2016
Employees9
Volunteers0
CARAVANSERAI PROJECT — Mission, Financials & Grants Received | Grantivo