California Budget & Policy Center
- Assets
- $6.9m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 19
- Location
- Sacramento, CA
- Founding
- 03/1995
- Data as of
- 12/2021
- EIN
- 68-0346784
Organization Overview
California Budget & Policy Center is located in Sacramento, CA. The organization was established in 1995. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, California Budget & Policy Center employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Budget & Policy Center 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, California Budget & Policy Center generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 9.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CALIFORNIA BUDGET & POLICY CENTER WORKS TO ADVANCE PUBLIC POLICIES THAT IMPROVE THE LIVES OF CALIFORIANS WHO ARE DENIED OPPORTUNITIES TO SHARE IN THE STATE'S WEALTH AND DESERVE THE DIGNITY AND SUPPORT TO LEAD THRIVING LIVES IN OUR COMMUNITIES. WE WORK TOWARD THIS GOAL BY PROVIDING DEPENDABLE, TIMELY, POLICY GUIDANCE AND SOLUTIONS THROUGH OUR INDEPENDENT RESEARCH AND ANALYSIS, AND ENGAGING IN STRATEGIC COLLABORATIONS AND COMMUNICATIONS TO EXPAND EQUITABLE ECONOMIC OPPORTUNITIES AND PROMOTE WELL-BEING FOR ALL CALIFORNIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BUDGET CENTER DISTRIBUTES RESEARCH AND ANALYSIS BY PRODUCING BOTH LONG- AND SHORT-FORM PUBLICATIONS. THE BUDGET CENTER PRODUCED 34 ANALYSES IN 2021 TO ADVANCE PUBLIC POLICIES TO CREATE A MORE EQUITABLE CALIFORNIA THAT WERE PUBLISHED ON OUR WEBSITE AND DISTRIBUTED TO OUR EMAIL SUBSCRIBER LIST WHICH AVERAGED 7,300 SUBSCRIBERS. OUR WEBSITE HAD A TOTAL OF 161,345 VISTORS AND OVER 9,000 COPIES OF PUBLICATIONS DOWNLOADED. WE ALSO DISTRIBUTE OUR PUBLICATIONS THROUGH SOCIAL MEDIA, ESPECIALLY TWITTER, WHERE WE MAINTAINED AN AVERAGE OF 9,376 FOLLOWERS AND HAD AN AVERAGE OF 105,425 IMPRESSIONS PER MONTH.
THE BUDGET CENTER ALSO MAINTAINS RELATIONSHIPS WITH ADVOCACY PARTNERS ACROSS THE STATE BY PARTICIPATING IN SPEAKING ENGAGEMENTS, SERVING ON BOARDS AND COMMITTEES, AND PROVIDING TECHNICAL ASSISTANCE. OUR STAFF SERVED ON 15-25 BOARDS OR COMMITTEES AT ANY GIVEN TIME THROUGHOUT THE YEAR, PARTICIPATED IN 101 SPEAKING ENGAGEMENTS, AND FULFILLED 311 TECHNICAL ASSISTANCE REQUESTS FROM STATE AND LOCAL ADVOCATES AND POLICYMAKERS AND THEIR STAFF. THESE PARTNERSHIPS HELP MAXIMIZE OUR IMPACT TO CREATE MORE EQUITABLE POLICY FOR ALL CALIFORNIANS.
SINCE THE ONSET OF COVID-19, THE BUDGET CENTER HAS PIVOTED TO HOSTING VIRTUAL EVENTS. THE EMPOWER SERIES ALLOWED THE BUDGET CENTER TO NOT ONLY CONTINUE DIRECTLY INTERACTING WITH OUR AUDIENCE, BUT ALSO GREW OUR AUDIENCE BY EXPANDING THE ACCESSIBILITY OF OUR EVENTS. IN ITS FIRST ITERATION, THE BUDGET CENTER'S EMPOWER SERIES INCLUDED FIVE VIRTUAL EVENTS IN 2021 WITH NEARLY 2,600 REGISTRANTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Hoene Executive Director | Officer | 40 | $217,401 |
Scott Graves Director Of Research | 40 | $167,503 | |
Sarah Jimenez Director Of Strategic Communications | 40 | $145,827 | |
Janice Selby Director Of Operations | 40 | $129,476 | |
Kristin Schumacher Senior Policy Analyst | 40 | $123,985 | |
Jonathan Kaplan Senior Policy Analyst | 40 | $120,443 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $34,126 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,077,255 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,111,381 |
| Total Program Service Revenue | $102,553 |
| Investment income | $36,692 |
| 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 | $5,250,626 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $904,635 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,109,444 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $545,635 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $66,024 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $111,414 |
| Travel | $1,384 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,612 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,922 |
| Insurance | $5,010 |
| All other expenses | $24,451 |
| Total functional expenses | $2,843,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,986,665 |
| Savings and temporary cash investments | $3,028,971 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,772,242 |
| 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 | $13,318 |
| Net Land, buildings, and equipment | $116,605 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,649 |
| Total assets | $6,922,450 |
| Accounts payable and accrued expenses | $329,491 |
| 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 | $329,491 |
| Net assets without donor restrictions | $1,902,957 |
| Net assets with donor restrictions | $4,690,002 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $6,922,450 |
Grants Awarded
Over the last fiscal year, California Budget & Policy Center has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
South Pasadena, CA PURPOSE: " DISSEMINATE ANALYSES OF THE IMPLICATIONS OF THE FEDERAL EARNED INCOME TAX CREDIT (EITC) AND THE CHILD TAX CREDIT. | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 27 grants that California Budget & Policy Center has recieved totaling $5,030,875.
| Awarding Organization | Amount |
|---|---|
Crankstart Foundation San Francisco, CA PURPOSE: GENERAL SUPPORT | $1,000,000 |
James Irvine Foundation San Francisco, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $800,000 |
Crankstart Foundation San Francisco, CA PURPOSE: GENERAL SUPPORT | $500,000 |
California Physicians Service Foundation San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $300,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO SUPPORT EVIDENCE-BASED RESEARCH AND ANALYSIS ON THE BARRIERS TO CAREER OPPORTUNITIES AND ECONOMIC MOBILITY WITH AN EMPHASIS ON YOUTH AGES 16-24. | $275,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO PREPARE AND DISSEMINATE ANALYSES OF THE CALIFORNIA STATE BUDGET AND KEY BUDGET-RELATED POLICY INITIATIVES WITH IMPLICATIONS FOR HOUSING AND EQUITY OUTCOMES. | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Duffield Family Foundation Pleasanton, CA | $258,368,317 | $20,065,038 |
American Indian Model Schools Oakland, CA | $18,645,472 | $19,971,757 |
Partnership For Los Angeles Schools Los Angeles, CA | $63,718,377 | $31,128,437 |
Hamburger Home Los Angeles, CA | $14,127,988 | $18,500,267 |
Arizona Agribusiness & Equine Center Phoenix, AZ | $41,363,992 | $18,352,142 |
Summit Public Schools Washington Redwood City, CA | $14,247,719 | $16,987,121 |
All For Health Health For All Inc Glendale, CA | $29,884,317 | $23,523,677 |
International Society For Technology In Education Portland, OR | $20,256,205 | $13,556,365 |
Northwest Christian School Phoenix, AZ | $14,587,608 | $15,711,697 |
Fit Kids Inc Scottsdale, AZ | $27,357,951 | $13,904,484 |
Oxford Preparatory Academy Aliso Viejo, CA | $8,703,539 | $15,190,265 |
Center For Academic Success Sierra Vista, AZ | $18,278,347 | $12,993,576 |