NonprofitsIca Fund

Community Improvement & Capacity Building

Ica Fund

OAKLAND, CA

Total revenue

$7.7M

Total expenses

$6.9M

Net assets

$11.5M

Grants received

$7.7M

37 grants

EIN

470898054

Tax year

2024

Mission

Provide coaching, connections, and capital to grow san francisco bay area businesses.

Programs

2 programs

3 new working capital loans, 1 new convertible note, 2 new equity investments, 3 new safe notes, 7 new impact notes deployed to small businesses.

Expenses: $2.4M

642 hours of advising hours provided to small businesses.

0

Financials

FY 2024

Revenue

Contributions & grants$7.2M
Program service revenue$474K
Investment income$2
Other revenue$14K
Total revenue$7.7M

Expenses

Grants paid
Salaries & benefits$3.9M
Fundraising$870K
Other expenses$3.0M
Total expenses$6.9M
Total assets$23.9M
Net assets$11.5M

People

22 listed

NameRoleCompensation

ALLISON KELLY

CHIEF EXECUTIVE OFFICER

Board

$317K

40 hrs/wk

DENNISE ESTRADA

VP OF FINANCE & ADMIN

Board

$231K

40 hrs/wk

JOHN GOUGH

CHIEF INVESTMENT OFFICER

Board

$231K

40 hrs/wk

DIANNA TREMBLAY

CHIEF PROGRAM OFFICER

Board

$230K

40 hrs/wk

MONA MASRI

BOARD MEMBER

Board

2 hrs/wk

CONCHITA TUCKER

BOARD MEMBER

Board

2 hrs/wk

JACK RUSSI

CO-CHAIR

Board

2 hrs/wk

CLAYTON BRYAN

BOARD MEMBER

Board

2 hrs/wk

JAMES HEAD

BOARD MEMBER

Board

2 hrs/wk

JIM HARRIS

CO-CHAIR

Board

2 hrs/wk

JIM KING

DC CHAIR, CORPORATE SECRETARY

Board

2 hrs/wk

JUSTINA LAI

INVESTMENT COMMITTEE CHAIR

Board

2 hrs/wk

DENNIS GREEN

AUDIT COMMITTEE CHAIR

Board

2 hrs/wk

WILBUR HOBBS

TREASURER, FINANCE COMMITTEE CHAIR

Board

2 hrs/wk

AL DE ALMEIDA

BOARD MEMBER

Board

2 hrs/wk

DON REINKE

BOARD MEMBER

Board

2 hrs/wk

NICOLE AUYANG

BOARD MEMBER

Board

2 hrs/wk

CARON GUGSSA-HOWARD

DIRECTOR OF PORTFOLIO SERVICES

Staff

$144K

40 hrs/wk

VIOLA MAI

DIR OF DEVELOPMENT AND IMPACT

Staff

$139K

40 hrs/wk

ERICA DIXON

DIR OF MARKETING AND COMMUNICATIONS

Staff

$138K

40 hrs/wk

CYNTHIA BILLOPS

DIRECTOR OF DIRECT SERVICES

Staff

$137K

40 hrs/wk

HECTOR RAMOS

DIRECTOR OF INVESTMENTS

Staff

$132K

40 hrs/wk

Grants received

Showing 37 of 37

FromAmountPurposeYear
$750K
Community Development
2024
$250K
GENERAL OPERATING SUPPORT
2024
$175K
TO SUPPORT ICAS SILICON VALLEY ENTREPRENEURS, BUSINESSES, AND INVESTMENTS
2024
$166K
JOB QUALITY IMPROVEMENT AMONG US SMALL BUSINESSES
2024
$25K
General operating support
2024
$6K
TO PROVIDE GENERAL OPERATING SUPPORT
2024
$500
ACKNOWLEDGMENT GRANT FOR THE RWS SPACE OPERATOR MEETING WITH ICA ON 1-24-2024
2024
$1.3M
Community Development
2023
$220K
EXPANDING ACCESS TO CAPITAL AND COACHING UNDERSERVED ENTREPRENEURS IN SILICON VALLEY
2023
$170K
SUPPORT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS
2023
$25K
Coaching Capital and Connections for Underestimated Entrepreneurs
2023
$15K
PROGRAM/OPERATING SUPPORT
2023
$8K
PUBLIC, SOCIETAL BENEFIT
2023
$1.5M
Community Development
2022
$400K
For general operating support
2022
$200K
GENERAL SUPPORT
2022
$150K
General Support
2022
$101K
For grant recipient's exempt purposes
2022
$100K
SUPPORT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS
2022
$75K
HUMAN SERVICES
2022
$75K
OFN CDFI TECH GRANT PROGRAM SUPPORTED BY GOOGLE.ORG
2022
$70K
ONE YEAR OF GENERAL OPERATING SUPPORT FOR SMALL BUSINESS DEVELOPMENT AND THE CREATION AND PRESERVATION OF GOOD JOBS IN SAN FRANCISCO AND ALAMEDA COUNTIES
2022
$25K
Coaching Capital and Connections for Underestimated Entrepreneurs
2022
$25K
GENERAL OPERATING
2022
$10K
General Operating Support
2022
$6K
PUBLIC, SOCIETAL BENEFIT
2022
$150K
OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG
2021
$75K
HUMAN SERVICES
2021
$25K
Capital and Coaching for Underestimated Entrepreneurs
2021
$16K
PUBLIC, SOCIETAL BENEFIT
2021
$1M
Community Development
2020
$200K
ADVISED - FOR SUPPORTING SMALL BUSINESS THROUGH MODERNIZING INFRASTRUCTURE FOR REPORTING, EVALUATION, AND LEARNING TO BETTER SUPPORT YOUR LOCAL COMMUNITY.
2020
$125K
Grant for business support orgs
2020
$102K
EQUALITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2020
$6K
DESIGNATED BY DONOR TO AGENCY FOR GENERAL OPERATIONS
2019
$34K
GENERAL SUPPORT
2017

Funded by

$7.7M from 23 funders · 37 grants · 2017–2024

Silicon Valley Community Foundation

$4.5M · 4 grants · 2020–2024

The Aspen Institute Inc

$436K · 3 grants · 2022–2024

The Sobrato Family Foundation

$401K · 4 grants · 2023–2024

The James Irvine Foundation

$400K · 1 grant · 2022

Marguerite Casey Foundation

$250K · 1 grant · 2024

Opportunity Finance Network

$225K · 2 grants · 2021–2022

The New World Foundation

$200K · 1 grant · 2022

Details

EIN470898054
NTEE codeS20
Subsection03
Ruling date2003-04
Formed1996
Employees30
Volunteers40
ICA FUND — Mission, Financials & Grants Received | Grantivo