Human Services
Change Machine
BROOKLYN, NY
Total revenue
$2.7M
Total expenses
$3.3M
Net assets
$2.0M
Grants received
$8.8M
32 grants
EIN
760833915
Tax year
2023
Mission
Change Machine's vision is an equitable economy in which we all thrive. Change Machine builds financial security through people-powered technology. We champion the aspirations of those who are most economically disadvantaged by oppressive public policies and practices namely Black and Brown women who navigate financial insecurity. Their success means success for all. Grounded in the expertise and solutions of financial coaches and customers, our technology reaches social service organizations and public agencies nationwide, transforming how they work with people to achieve their financial goals. Our data and research shape lasting change that addresses the economic effects of slavery and patriarchal policies removes barriers to financial security and shrinks the gender and racial wealth gap.
Programs
2 programs
Product development (platform) - building financial security using people-powered technology is core to change machines mission. Its revolutionary cloud-based platform, which operates as a b2b2c software as a service (saas) social enterprise, provides a single platform where practitioners can learn best financial coaching practices; access tools and information; and participate in a professional social network specifically designed for the field. Built by practitioners for practitioners, change machines financial coaching platform provides a one-stop shop for effective resources practitioners can use to address their customers underlying financial insecurity.
Research & policy - change machine develops and advocates for policy reforms and systemic changes that will remove obstacles to financial security. Change machine builds coalitions and partners with advocacy groups, researchers, think tanks, practitioners, and local, state, and federal policymakers to guide and support its policy agenda. Its in-house research and policy team surfaces insights using customer data captured on the change machine platform. Change machine uses its data and research to leverage lessons learned on the ground to create impact far beyond an initial program - informing best practices, the field, and public policy.
Financials
FY 2023
Revenue
Expenses
People
11 listed
Mae Watson Grote
CEO
$246K
40 hrs/wk
Jasmine Colquitt
Director
—
2 hrs/wk
Jason Wallace
Director
—
2 hrs/wk
Kevin McQueen
Board Chair
—
2 hrs/wk
Andy Tuckett
Treasurer
—
2 hrs/wk
Rhonda Mower
Director
—
2 hrs/wk
Ross Hamilton
Director
—
2 hrs/wk
David Bautista
Chief Prod & Tech
$156K
40 hrs/wk
Tamika Johnson
Chief Engmt/Adopti
$155K
40 hrs/wk
Kattherine Reeves
Chief Strategy Off
$142K
40 hrs/wk
Martinez PaniaguaJesus
Engineering Lead
$115K
40 hrs/wk
Independent contractors
Andela
Engineering/Prod. Devel.
YPTC
Accounting
Beacon Hill Staffing Group LLC
O/sourced clerical, mngmt
Grants received
Showing 32 of 32
Funded by
$8.8M from 18 funders · 32 grants · 2017–2024
$3.5M · 3 grants · 2020–2023
$1.6M · 3 grants · 2021–2023
$1M · 2 grants · 2021–2022
$750K · 2 grants · 2022–2023
$400K · 3 grants · 2020–2022
$325K · 2 grants · 2023–2024
$250K · 1 grant · 2022
$220K · 4 grants · 2018–2024