Change Reaction
- Assets
- $27.5k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 5
- Location
- Sherman Oaks, CA
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 38-4128902
Organization Overview
Change Reaction is located in Sherman Oaks, CA. The organization was established in 2019. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2021, Change Reaction employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Change Reaction is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Change Reaction generated $1.7m in total revenue. All expenses for the organization totaled $1.7m during the year ending 12/2021.
Since 2019, Change Reaction has awarded 50 individual grants totaling $2,770,542. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CHANGE REACTION IS A PHILOSOPHY OF GIVING THAT OFFERS MAXIMUM JOY FOR DONORS AND MAXIMUM IMPACT FOR RECIPIENTS. WE PROVIDE DIRECT GRANTS TO HARDWORKING PEOPLE WHO ARE EXPERIENCING HARDSHIPS OR WHO HAVE OPPORTUNITIES TO FURTHER THEIR SUCCESS BUT DO NOT HAVE THE FINANCIAL SUPPORT THEY NEED TO SUCCEED. BY PARTNERING WITH WELL-ESTABLISHED ORGANIZATIONS, WE TRANSFER PHILANTHROPY TO FRONTLINE STAFF WHO HAVE ACCESS TO RESOURCES NOT PREVIOUSLY AVAILABLE. THE RESULT IS THAT CASEWORKERS ON THE FRONTLINES SAY YES MORE OFTEN THAN NO TO CLIENTS IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2019, WE HAD THE ABILITY TO ESTABLISH THE CHANGE REACTION AS A 501(C)(3). FROM THAT, WE CREATED PARTNERSHIPS WITH ABOUT 80 DIFFERENT ORGANIZATIONS IN THE GREATER LOS ANGELES AREA. IN 2021 WE GAVE $844,838 IN GRANTS TO HARD WORKING INDIVIDUALS THROUGH THESE ORGANIZATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wade Trimmer President | Officer | 40 | $202,484 |
Daphna Nissanoff-Gerendash Program Manager | 40 | $147,325 | |
Leona S Schube Executive Dir. | OfficerTrustee | 5 | $0 |
Gregory F Perlman CEO | OfficerTrustee | 10 | $0 |
Jodi D Perlman Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,666,806 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,666,806 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,666,806 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $115,731 |
| Grants and other assistance to domestic individuals. | $729,107 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $202,484 |
| Compensation of current officers, directors, key employees. | $101,242 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $279,148 |
| Pension plan accruals and contributions | $8,301 |
| Other employee benefits | $26,719 |
| Payroll taxes | $33,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,877 |
| Fees for services: Accounting | $19,320 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,000 |
| Advertising and promotion | $221,528 |
| Office expenses | $16,325 |
| Information technology | $40,902 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,495 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,622 |
| Insurance | $3,206 |
| All other expenses | $993 |
| Total functional expenses | $1,729,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,209 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,365 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,931 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,505 |
| Accounts payable and accrued expenses | $375 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $375 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $27,130 |
| Total liabilities and net assets/fund balances | $27,505 |
Grants Awarded
Over the last fiscal year, Change Reaction has awarded $91,590 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Irvine, CA PURPOSE: CRITICALLY ILL CHILDREN | $25,000 |
Los Angeles, CA PURPOSE: FOSTER CARE SUPPORT | $21,919 |
Kansas City, MO PURPOSE: BULK LA NEEDS | $13,000 |
Pasadena, CA PURPOSE: HOMELESS SERVICES | $9,265 |
Los Angeles, CA PURPOSE: LEGAL ASSISTANCE | $8,714 |
New York, NY PURPOSE: CRISIS INVERVENTION | $7,630 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Change Reaction has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Berkeley Food And Housing Project Berkeley, CA | $7,900,684 | $21,326,193 |
Share Our Selves Corporation Costa Mesa, CA | $13,161,484 | $22,056,781 |
Sunnyvale Community Services Sunnyvale, CA | $29,619,187 | $14,030,633 |
Community Services Agency Mountain View, CA | $11,484,869 | $8,235,687 |
Nourishphx Phoenix, AZ | $2,191,792 | $7,784,112 |
Ritter Center San Rafael, CA | $5,905,734 | $8,335,451 |
Palo Alto Partners In Education Palo Alto, CA | $369,331 | $5,391,547 |
Tri City Volunteers Inc Fremont, CA | $1,100,335 | $5,260,613 |
Las Vegas Rescue Mission Las Vegas, NV | $10,258,184 | $5,827,768 |
Community Sharing Program Cottage Grove, OR | $1,172,872 | $4,294,366 |
Valley Foundation San Jose, CA | $75,319,298 | $7,719,370 |
Snow Cap Community Charites Fairview, OR | $6,428,689 | $4,080,561 |