Overview
What is Revolutionary Economy For All Local People's Fund?
The Revolutionary Economy For All Local People's Fund is a nonprofit organization located at 870 Market Street 677, San Francisco, CA 94102. Its primary mission is to support and benefit various organizations, contributing to their charitable, scientific, literary, religious, and educational activities. So far, the fund has invested over $1.3 million in BIPOC entrepreneurs and small businesses, providing them with equity profit shares, loans, and grants. It has developed a pipeline of 45 businesses and offered comprehensive business advising to 26 of them. Moreover, the fund has initiated an innovative community organizing strategy with BIPOC entrepreneurs and worker-owners, aiming for policy and systems change. In 2022, the fund engaged 125 entrepreneurs and worker-owners in building political power, and its base continues to grow in 2023.
Official website here: www.realpeoplesfund.org
Is Revolutionary Economy For All Local People's Fund legitimate?
Revolutionary Economy For All Local People's Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Revolutionary Economy For All Local People's Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.realpeoplesfund.org
What is the mission statement of Revolutionary Economy For All Local People's Fund?
The Revolutionary Economy For All Local People's Fund's mission is centered around supporting and benefiting various organizations. Specifically, it aims to assist charitable, scientific, literary, religious, and educational initiatives of these organizations through financial assistance, loans, equity investments, and similar forms of aid. The fund officially began its operations with investments in businesses owned by BIPOC entrepreneurs and small businesses, making or participating in $1.3 million in non-extractive, integrated capital investments. It has also developed a pipeline of 45 businesses and provided comprehensive business advising to 26 of them. Additionally, the fund has implemented an innovative community organizing strategy with BIPOC entrepreneurs and worker-owners, working towards policy and systems change. In 2022, the fund engaged 125 entrepreneurs and worker-owners in building political power, and its base continues to grow in 2023.
Official website here: www.realpeoplesfund.org
Who is the CEO of Revolutionary Economy For All Local People's Fund?
Esther Goolsby is the Director of Revolutionary Economy For All Local People's Fund.
Official website here: www.realpeoplesfund.org
What is the revenue of Revolutionary Economy For All Local People's Fund?
Revolutionary Economy For All Local People's Fund's revenue in 2022 was $530,158.
Official website here: www.realpeoplesfund.org
Who are the executives of Revolutionary Economy For All Local People's Fund and what are their salaries?
There 12 volunteers at Revolutionary Economy For All Local People's Fund.
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Official website here: www.realpeoplesfund.org
Where can I find the form 990 for Revolutionary Economy For All Local People's Fund?
Revolutionary Economy For All Local People's Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.realpeoplesfund.org
Learn more at the official website: www.realpeoplesfund.org
Mission Statement of Revolutionary Economy For All Local People's Fund
The Revolutionary Economy For All Local People's Fund is committed to supporting, benefiting, and carrying out the charitable activities of various organizations. Its mission is to provide financial assistance, loans, equity investments, and other forms of aid to facilitate the charitable, scientific, literary, religious, and educational activities of these supported organizations. This nonprofit launched its operations with investments in BIPOC entrepreneurs and small businesses, making a total of $1.3 million in non-extractive, integrated capital investments (equity profit shares, loans, and grants). The Fund has also developed a robust pipeline of 45 businesses and has offered comprehensive business advising to 26 of them. Furthermore, Revolutionary Economy For All Local People's Fund has initiated an innovative community organizing strategy in collaboration with BIPOC entrepreneurs and worker-owners, encouraging them to fight for policy and systems change. In 2022, the Fund engaged 125 entrepreneurs and worker-owners in building political power, and its base continues to grow in 2023.
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Impact
October, 2024
Revolutionary Economy For All Local People's Fund has a significant impact on BIPOC entrepreneurs and small businesses. By investing $1.3 million in non-extractive, integrated capital through equity profit shares, loans, and grants, it strengthens the local economy and fosters sustainable business practices.
The initiative has developed a strong pipeline of 45 businesses, providing comprehensive business advising to 26 of them, which enhances their capacity and viability. Furthermore, it actively engages with 125 entrepreneurs and worker-owners to build political power, advocating for policy and systems change that supports marginalized communities. The focus on community organizing not only empowers individual entrepreneurs but also cultivates a collaborative environment conducive to systemic improvements, promoting long-term community enhancement in San Francisco.
This information is meant to be a general summary of Revolutionary Economy For All Local People's Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $158
- Gross Receipts: $530,158
Assets and Liabilities:
- Total Assets: $3,455,299
- Total Liabilities: $2,526,770
- Net Assets: $928,529
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Organization Details
Founding Year
2020
Phone
(415) 392-8215Principal Officer
Esther Goolsby
Main Address
870 MARKET STREET 677, SAN FRANCISCO, CA, 94102
Website
www.realpeoplesfund.orgNTEE Category
Code: S31 - Community improvement
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