NonprofitsTransform Capital

Community Improvement & Capacity Building

Transform Capital

LIBERTYVILLE, IL

Total revenue

$1.5M

Total expenses

$39K

Net assets

$2.6M

Grants received

$1.9M

27 grants

EIN

853613051

Tax year

2024

Mission

Transform capital is a lending platform which raises tax-deductible funding and places that funding into market-rate or below market-rate mortgage and business loans for deserving families in dis-invested local communities.

Programs

1 program

Catalyst / in addition to capital, we provide catalyst for the entire journey of asset ownership-seeking to ignite generational advantage for deserving families. Lending is simply a reason to be in relationship, and we journey with clients for decades - well beyond any loan "transaction". We activate the talents of our growing movement to encourage the dreams of our client families. This encouragement can take many forms, including helping to open (or expand) a small business, or referring clients to other organizations or individuals for resource, counseling, or coaching. We do not build new programs, but rather leverage a vast network of individuals and other organizations to walk alongside our clients. We also frequently engage with other partners in evaluating broader economic development and other projects which can enhance the quality of life in our local communities.

Financials

FY 2024

Revenue

Contributions & grants$1.4M
Program service revenue$65K
Investment income$8K
Other revenue$2K
Total revenue$1.5M

Expenses

Grants paid
Salaries & benefits
Fundraising$713
Other expenses$39K
Total expenses$39K
Total assets$3.1M
Net assets$2.6M

People

5 listed

NameRoleCompensation

MARK CHASSMAN

CHAIR

Board

5 hrs/wk

FREDERICK TOLBERT

VICE CHAIR

Board

5 hrs/wk

STEPHEN KAWASAKI

SECRETARY

Board

5 hrs/wk

ANDREA MCCRORY

CONTRACTED COMMUNITY LIAISON

Board

5 hrs/wk

PAUL HAWKINSON

TREASURER

Board

5 hrs/wk

Grants received

Showing 27 of 27

FromAmountPurposeYear
$136K
GIVING AND GENEROSITY
2024
$50K
GENERAL OPERATING SUPPORT
2024
$250K
GENERAL ASSISTANCE
2023
$100K
CHARITABLE PURPOSE
2023
$41K
PUBLIC, SOCIETAL BENEFIT
2023
$30K
OPERATING SUPPORT
2023
$29K
PUBLIC, SOCIETAL BENEFIT
2023
$15K
For grant recipient's exempt purposes
2023
$50
PROGRAM/OPERATING SUPPORT
2023
$50K
In support of its Innovation in Recyclable Community Lending program.
2022
$30K
OPERATING SUPPORT
2022
$25K
CHARITABLE PURPOSE
2022
$25K
PUBLIC, SOCIETAL BENEFIT
2022
$12K
PUBLIC, SOCIETAL BENEFIT
2022
$10K
For grant recipient's exempt purposes
2022
$517
MATCHING GIFT
2022
$225K
GENERAL ASSISTANCE
2021
$40K
OPERATING SUPPORT
2021
$22K
PUBLIC, SOCIETAL BENEFIT
2021
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021

Funded by

$1.9M from 13 funders · 27 grants · 2021–2024

Covenant Ministries Of Benevolence

$475K · 2 grants · 2021–2023

Natl Christian Charitable Fdn Inc

$163K · 2 grants · 2023–2024

Domanada Foundation

$125K · 2 grants · 2022–2023

The Lake County Community

$100K · 3 grants · 2021–2023

National Philanthropic Trust

$66K · 2 grants · 2022–2023

Donor Advised Charitable Giving Inc

$63K · 3 grants · 2021–2023

American Online Giving Foundation Inc

$51K · 4 grants · 2021–2024

Details

EIN853613051
NTEE codeS31
Subsection03
Ruling date2021-06
Formed2020
Employees0
Volunteers0
TRANSFORM CAPITAL — Mission, Financials & Grants Received | Grantivo