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Community Development : Housing and Neighborhood Development

Family Independence Initiative

Trust and invest in families.

three stars

87.80

P.O. Box 71363 Oakland, CA 94612
tel: (510) 452-9341   Web Site
EIN: 02-0784790

Board Leadership
Paula Sneed
Chair

CEO
Jesus Gerena
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 87.80 three stars
  Financial 93.57 four stars
  Accountability & Transparency 84.00 three stars
This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Family Independence Initiative's (FII) mission is to trust and invest in low-income families across the nation so they can work individually and collectively to achieve prosperity. We provide an environment and technology platform for families to build their own community. We learn about the actions and activities families are taking to improve their lives and design direct capital investments matching their initiatives. This approach accelerates their social and economic mobility and makes poverty escapable.

Family Independence Initiative's (FII) mission is to trust and invest in low-income families across the nation so they can work individually and collectively to achieve prosperity. We provide an environment and technology platform for families to build their own community. We learn about the actions and activities families are taking to improve their lives and design direct capital investments matching their initiatives. This approach accelerates their social and economic mobility and makes poverty escapable.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
Reported Results
Showing 3 of 11
Total in 2018
% Increase in monthly income
27
% decrease in subsidies such as TANF and SNAP
36
% increase in monthly business income
86
% of families report their students have excellent, good or improved grades
88
Rate of student attendance during the reporting period
94
Increase in total family liabilities
37,234
Increase in monthly savings account balance
1,325
Increase in families total liquid assets
3,152
Average savings through newly established Retriement Investment Accounts
1,099
Return on Investment
3
Value of Social Capital exchanged between families.
10,886,900
This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

93.57

Accountability & Transparency

three stars

84.00

This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
80.0%
  Administrative Expenses 8.9%
  Fundraising Expenses 11.0%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 1.29
  Program Expenses Growth 11.9%
  Liabilities to Assets 2.4%
All data for Financial Performance Metrics calculations was provided by Family Independence Initiative on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Family Independence Initiative on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Family Independence Initiative (CA) 87.80 three stars
Pillsbury United Communities (MN) 91.02 four stars
Puente (CA) 96.66 four stars
Fund for the City of New York (NY) 87.83 three stars
Enlace Chicago (IL) 89.94 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $7,052,492
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $7,052,492
   Program Service Revenue $317,992
Total Primary Revenue $7,370,484
   Other Revenue $27,833
TOTAL REVENUE $7,398,317
   
EXPENSES  
   Program Expenses $5,828,525
   Administrative Expenses $504,068
   Fundraising Expenses $676,605
TOTAL FUNCTIONAL EXPENSES $7,009,198
   
Payments to Affiliates $0
Excess (or Deficit) for the year $389,119
   
Net Assets $7,683,381

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 03/01/2020 87.80 three stars
2017-12 12/20/2019 89.75 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 02-0784790
Name in IRS Master File FII - NATIONAL
NTEE Code P20
NTEE Classification Human Service Organizations - Multipurpose
NTEE Type Human Services - Multipurpose and Other
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date December, 2006
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2018
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$210,000 2.99% Jesus Gerena CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Family Independence Initiative (CA) 87.80 three stars
Fund for the City of New York (NY) 87.83 three stars
West Valley Community Services (CA) 87.65 three stars
CompassPoint Nonprofit Services (CA) 87.86 three stars
Community Involved in Sustaining Agriculture (MA) 92.21 four stars

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Charity Contact Info

Family Independence Initiative
P.O. Box 71363
Oakland, CA 94612
tel: (510) 452-9341
EIN: 02-0784790

Visit Web Site

Board Leadership

Paula Sneed
Chair

CEO

Jesus Gerena
Chief Executive Officer

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