Powerswitch Action
- Assets
- $19.4m
- Revenue
- $13.4m
- Investments
- $0.0
- Employees
- 27
- Location
- Oakland, CA
- Founding
- 06/2002
- Data as of
- 12/2021
- EIN
- 71-0914032
Organization Overview
Powerswitch Action is located in Oakland, CA. The organization was established in 2002. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Powerswitch Action employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Powerswitch Action 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, Powerswitch Action generated $13.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $8.9m during the year ending 12/2021. While expenses have increased by 21.6% 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.
Since 2014, Powerswitch Action has awarded 125 individual grants totaling $18,291,004. 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
POWERSWITCH ACTION IS A NATIONAL NETWORK FORGING MULTIRACIAL FEMINIST DEMOCRACIES AND ECONOMIES IN OUR CITIES AND STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POWERSWITCH ACTION: PROVIDE ASSISTANCE TO ORGANIZATIONS BUILDING LOCAL POWER FOR GOOD JOBS, THRIVING COMMUNITIES, A HEALTHY ENVIRONMENT, AND VIBRANT DEMOCRACY.
IN THE PUBLIC INTEREST: A COMPREHENSIVE RESEARCH AND POLICY CENTER COMMITTED TO PROMOTING THE VALUES, VISION AND AGENDA FOR THE COMMON GOOD AND DEMOCRATIC CONTROL OF PUBLIC GOODS AND SERVICES.
GREEN WORKERS ALLIANCE: BRINGS TOGETHER EMPLOYEES IN A WIDE RANGE OF GREEN JOBS TO ADVOCATE FOR POLICIES THAT BOTH FIGHT CLIMATE CHANGE AND INCREASE THE NUMBER OF GOOD, CLEAN JOBS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Cohen Director, Itpi | 40 | $132,332 | |
Lauren Jacobs Executive Dir. | Officer | 40 | $119,833 |
Ben Beach Legal Director | 40 | $109,899 | |
Felicia Griffin Deputy Director | 40 | $101,167 | |
Barbara Finnin Fin & Ops Dir | OfficerTrustee | 40 | $101,000 |
Sharhrzad Habibi Resrch/policy Dir | 40 | $98,200 |
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 | $13,335,532 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,335,532 |
| Total Program Service Revenue | $41,094 |
| Investment income | $4,334 |
| 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 | $13,398,955 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,386,508 |
| 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. | $251,058 |
| Compensation of current officers, directors, key employees. | $105,436 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,675,961 |
| Pension plan accruals and contributions | $75,868 |
| Other employee benefits | $262,320 |
| Payroll taxes | $150,699 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,940 |
| Fees for services: Accounting | $47,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $880,073 |
| Advertising and promotion | $16,112 |
| Office expenses | $41,451 |
| Information technology | $22,357 |
| Royalties | $0 |
| Occupancy | $44,781 |
| Travel | $9,684 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,097 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,791 |
| All other expenses | $0 |
| Total functional expenses | $8,924,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,487,072 |
| Savings and temporary cash investments | $6,221,600 |
| Pledges and grants receivable | $9,704,384 |
| Accounts receivable, net | $0 |
| 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 | $29,177 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,442,233 |
| Accounts payable and accrued expenses | $221,734 |
| Grants payable | $405,196 |
| Deferred revenue | $44,917 |
| 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 | $671,847 |
| Net assets without donor restrictions | $3,150,548 |
| Net assets with donor restrictions | $15,619,838 |
| 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 | $19,442,233 |
Grants Awarded
Over the last fiscal year, Powerswitch Action has awarded $5,386,508 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Ana, CA PURPOSE: CA, Capacity Building, Housing | $590,600 |
San Diego, CA PURPOSE: California/Climate, Housing, WMTC | $458,105 |
Oakland, CA PURPOSE: California, Housing WMTC | $405,811 |
POWER INC PURPOSE: Cap. build, Climate, House, WMTC, | $302,500 |
Chicago, IL PURPOSE: Climate, Housing, Shared | $267,800 |
Los Angeles, CA PURPOSE: CA/Worker Org, Climate, WMTC | $265,605 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Powerswitch Action has recieved totaling $5,544,303.
| Awarding Organization | Amount |
|---|---|
James Irvine Foundation San Francisco, CA PURPOSE: TO SUPPORT LOW-WAGE WORKERS | $1,500,000 |
James Irvine Foundation San Francisco, CA PURPOSE: TO SUPPORT WORKING FAMILIES IN CA | $1,150,000 |
James Irvine Foundation San Francisco, CA PURPOSE: TO SUPPORT WORKING FAMILIES IN CA | $1,150,000 |
James Irvine Foundation San Francisco, CA PURPOSE: FOR A STRATEGIC RESERVE FUND | $500,000 |
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $350,000 |
United States Energy Foundation San Francisco, CA PURPOSE: TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE. | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Partners In Development Foundation Honolulu, HI | $6,037,007 | $19,233,237 |
Pasadena Center Operating Company Pasadena, CA | $155,500,535 | $24,244,402 |
Community Action Partnership Of Sonoma County Santa Rosa, CA | $6,669,063 | $15,581,119 |
Ideoorg San Francisco, CA | $12,398,491 | $9,854,732 |
Reinvent Stockton Foundation Stockton, CA | $46,832,546 | $19,773,564 |
Project Access Inc Orange, CA | $2,961,540 | $13,042,187 |
East Los Angeles Community Union Los Angeles, CA | $130,392,954 | $16,987,947 |
Gamaliel Of California Santa Rosa, CA | $3,034,268 | $10,017,971 |
Downtown Santa Monica Inc Santa Monica, CA | $4,897,203 | $9,308,728 |
Resources For Community Development Berkeley, CA | $93,266,557 | $6,994,658 |
Lake Wildwood Association Penn Valley, CA | $30,720,187 | $8,953,678 |
Antelope Valley Partners For Health Lancaster, CA | $4,220,936 | $10,090,239 |