Nonprofits›Working Solutions Cdfi

Human Services

Working Solutions Cdfi

SAN FRANCISCO, CA

Website

Total revenue

$5.2M

Total expenses

$5.0M

Net assets

$9.6M

Grants received

$9.2M

47 grants

EIN

911951777

Tax year

2023

Mission

Working solutions is a certified nonprofit community development financial institution (cdfi) that supports california entrepreneurs to start and grow thriving local businesses. We specialize in start-up and early-stage financing for individuals via capital, consulting, and community connections.

Financials

FY 2023

Revenue

Contributions & grants$3.7M
Program service revenue$1.3M
Investment income$155K
Other revenue—
Total revenue$5.2M

Expenses

Grants paid$297K
Salaries & benefits$3.3M
Fundraising$344K
Other expenses$1.4M
Total expenses$5.0M
Total assets$21.4M
Net assets$9.6M

People

23 listed

NameRoleCompensation

SARA RAZAVI

CHIEF EXECUTIVE OFFICER

Board

$178K

40 hrs/wk

GASPER MAGALLANES

CHIEF FINANCIAL OFFICER

Board

$170K

40 hrs/wk

WILL JACKSON

BOARD MEMBER START 1/2024

Board

—

1 hrs/wk

BRIAN NAGENDRA

BOARD MEMBER

Board

—

1 hrs/wk

PURVI PATEL

BOARD MEMBER THROUGH 8/2024

Board

—

1 hrs/wk

LENA ROBINSON

BOARD MEMBER

Board

—

1 hrs/wk

MARCI ROSENFELD

CHAIR THRU 1/2024 / DIR START 1/2024

Board

—

1 hrs/wk

PALOMA VIDGEN

CHAIR START 1/2024

Board

—

1 hrs/wk

OLIVIA REBANAL

VICE CHAIR

Board

—

1 hrs/wk

CHRISTINA TRAVERS

TREASURER

Board

—

1 hrs/wk

MINDY CHRISTENSEN

SECRETARY

Board

—

1 hrs/wk

MARISA CALDERON

BOARD MEMBER START 1/2024

Board

—

1 hrs/wk

HASEEB CHAUDHRY

BOARD MEMBER

Board

—

1 hrs/wk

EMILY GASNER

BOARD MEMBER

Board

—

1 hrs/wk

TATE HILL

BOARD MEMBER START 1/2024

Board

—

1 hrs/wk

LAURA HOOVER

CHIEF DEVELOPMENT OFFICER

Staff

$168K

40 hrs/wk

JOHN PALYO

CHIEF LENDING OFFICER THROUGH 7/2024

Staff

$160K

40 hrs/wk

TITILOPE IKHILE

CHIEF PROGRAM OFFICER

Staff

$153K

40 hrs/wk

DEBRA STEINEMAN

SENIOR ACCOUNTING MANAGER

Staff

$122K

40 hrs/wk

PRISCILLA WOO

DIRECTOR OF LENDING

Staff

$112K

40 hrs/wk

LYNNDA MORI

BUSINESS CONSULTING MANAGER

Staff

$110K

40 hrs/wk

CHRISTIAN KNIGHT

PORTFOLIO MANAGER

Staff

$108K

40 hrs/wk

NATALYA BLUMENFELD

IMPACT MANAGER

Staff

$104K

40 hrs/wk

Grants received

Showing 47 of 47

FromAmountPurposeYear
OPPORTUNITY FINANCE NETWORK
$350K
OPERATING GRANT
2024
THE SOBRATO FAMILY FOUNDATION
$175K
TO PROVIDE LOW-COST LOANS AND TECHNICAL ASSISTANCE TO SMALL BUSINESSES IN SILICON VALLEY.
2024
Silicon Valley Community Foundation
$110K
Human Services
2024
CALIFORNIA ASSOCIATION FOR
$20K
SHARED SERVICES
2024
Amalgamated Charitable Foundation Inc
$15K
General operating support
2024
Umpqua Bank Charitable Foundation
$6K
Capital Readiness for Small Business Success
2024
THE FB HERON FOUNDATION
$522
General Support
2024
JPMORGAN CHASE FOUNDATION
$300K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2023
GREAT RIVERS COMMUNITY TRUST
$222K
GENERAL SUPPORT
2023
THE SOBRATO FAMILY FOUNDATION
$220K
CAPITAL, CONSULTING AND COMMUNITY SMALL BUSINESS SUCCESS FOR SILICON VALLEY
2023
Silicon Valley Community Foundation
$90K
Human Services
2023
COMERICA CHARITABLE FOUNDATION
$50K
Capital and Consulting for Small Business Growth and Resilience
2023
The Bank of America Charitable Foundation Inc
$25K
PROGRAM/OPERATING SUPPORT
2023
CALIFORNIA ASSOCIATION FOR
$20K
Shared Services
2023
WESTERN ALLIANCE COMMUNITY FOUNDATION
$15K
COMMUNITY
2023
Amalgamated Charitable Foundation Inc
$10K
General operating support
2023
Makahakama Foundation
$10K
UNRESTRICTED
2023
Umpqua Bank Charitable Foundation
$5K
Capital Readiness for Small Business Success
2023
THE FB HERON FOUNDATION
$500
General Support
2023
GREAT RIVERS COMMUNITY TRUST
$316K
GENERAL SUPPORT
2022
THE SOBRATO FAMILY FOUNDATION
$220K
CAPITAL, CONSULTING AND COMMUNITY SMALL BUSINESS SUCCESS FOR SILICON VALLEY
2022
AMERICAN ONLINE GIVING FOUNDATION INC
$125K
GENERAL SUPPORT
2022
OPPORTUNITY FINANCE NETWORK
$100K
OFN CDFI TECH GRANT PROGRAM SUPPORTED BY GOOGLE.ORG
2022
COMERICA CHARITABLE FOUNDATION
$50K
Capital and Consulting for Small Business Recovery and Resilience
2022
THE SOBRATO FAMILY FOUNDATION
$50K
CAPACITY BUILDING SUPPORT FOR WORKING SOLUTIONS CDFI
2022
The Bank of America Charitable Foundation Inc
$25K
PROGRAM/OPERATING SUPPORT
2022
CALIFORNIA ASSOCIATION FOR
$21K
Shared Services First payment
2022
OPPORTUNITY FINANCE NETWORK
$125K
OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG
2021
The Bank of America Charitable Foundation Inc
$100K
OPERATIONAL SUPPORT
2021
COMERICA CHARITABLE FOUNDATION
$50K
Small Business Recovery and Resilience in the Bay Area
2021
MUFG UNION BANK FOUNDATION AG
$50K
CHARITABLE
2021
THE SAN FRANCISCO FOUNDATION
$50K
PROGRAM - TO REDUCE THE ECONOMIC BURDEN ON BIPOC-OWNED BUSINESSES BY PROVIDING LOAN DEBT RELIEF TO BIPOC-OWNED BUSINESSES IN SAN FRANCISCO'S D10 DISTRICT.
2021
NEW VENTURE FUND
$1.5M
CAPACITY BUILDING
2020
THE SAN FRANCISCO FOUNDATION
$400K
PROGRAM - IC WILL PARTNER WITH WORKING SOLUTIONS TO MANAGE AND ADMINISTER THE D10 SMALL BUSINESS REVOLVING LOAN FUND (RLF) AND PROVIDE TECHNICAL ASSISTANCE TO SMALL BUSINESSES.
2020
CITI FOUNDATION
$250K
BAY AREA COVID-19 SMALL BUSINESS INITIATIVE
2020
THE SOBRATO FAMILY FOUNDATION
$200K
TO MEET THE CAPITAL AND CONSULTING NEEDS OF SILICON VALLEY SMALL BUSINESSES IN THE WAKE OF COVID-19 AND SUPPORT LONG-TERM SMALL BUSINESS GROWTH AND SUSTAINABILITY DURING ECONOMIC RECOVERY.
2020
COMMUNITY FOUNDATION OF THE NAPA VALLEY
$102K
FOR GRANT AWARDS FOR THE CITY OF NAPA COVID-19 SMALL BUSINESS MINI-GRANT PROGRAM
2020
The Bank of America Charitable Foundation Inc
$100K
GENERAL SUPPORT
2020
MUFG UNION BANK FOUNDATION AG
$100K
CHARITABLE
2020
COMERICA CHARITABLE FOUNDATION
$50K
COVID-19 Response Proposal: Small Business Strategy
2020
OPPORTUNITY FINANCE NETWORK
$50K
COVID-19 GRANT
2020
The Bank of America Charitable Foundation Inc
$25K
GENERAL SUPPORT
2020
DONOR ADVISED CHARITABLE GIVING INC
$15K
HUMAN SERVICES
2020
JPMORGAN CHASE FOUNDATION
$2.8M
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2018
INNER CITY ADVISORS
$75K
GENERAL SUPPORT
2018
SILICON VALLEY SOCIAL VENTURE FUND - SV2
$8K
GENERAL OPERATING SUPPORT
2018
COMMUNITY FOUNDATION OF THE NAPA VALLEY
$545K
FOR GRANT AWARDS TO APPROVED NAPA COUNTY SMALL BUSINESSES AFFECTED BY THE OCTOBER 2017 NAPA FIRE COMPLEX, AS IS MORE SPECIFICALLY DETAILED IN THE SCOPE OF WORK
2017

Funded by

$9.2M from 22 funders · 47 grants · 2017–2024

Jpmorgan Chase Foundation

$3.1M · 2 grants · 2018–2023

New Venture Fund

$1.5M · 1 grant · 2020

The Sobrato Family Foundation

$865K · 5 grants · 2020–2024

Community Foundation Of The Napa Valley

$647K · 2 grants · 2017–2020

Opportunity Finance Network

$625K · 4 grants · 2020–2024

Great Rivers Community Trust

$538K · 2 grants · 2022–2023

The San Francisco Foundation

$450K · 2 grants · 2020–2021

The Bank of America Charitable Foundation Inc

$275K · 5 grants · 2020–2023

Details

EIN911951777
NTEE codeP800
Subsection03
Ruling date1999-05
Formed1999
Employees25
Volunteers13
WORKING SOLUTIONS CDFI — Mission, Financials & Grants Received | Grantivo