Unlocking Communities
- Assets
- $501.7k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Chicago, IL
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 83-2060233
Organization Overview
Unlocking Communities is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Unlocking Communities employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Unlocking Communities 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 12/2023, Unlocking Communities generated $2.1m in total revenue. All expenses for the organization totaled $2.3m during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE EQUIP ENTREPRENEURS W THE EDUCATION AND TOOLS TO SELL SUSTAINABLE PRODUCTS THAT UNLOCK ECONOMIC SOCIAL ENVIRONMENTAL TRANSFORMATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNLOCKING COMMUNITIES, A NONPROFIT SOCIAL ENTERPRISE WORKING TO PROVIDE HAITIANS WITH THE TOOLS AND RESOURCES THEY NEED TO BE THEIR OWN CATALYSTS FOR CHANGE. OUR AIM IS TO MAKE QUALITY AND LONG-LASTING IMPACT IN RURAL HAITIAN COMMUNITIES BY TRAINING ASPIRING ENTREPRENEURS IN BUSINESS FUNDAMENTALS. UPON THE SUCCESSFUL COMPLETION OF THE TRAINING, ENTREPRENEURS GAIN ACCESS TO IN-DEMAND PRODUCTS TO SELL TO COMMUNITY MEMBERS AND EARN A COMMISSION. TO DATE WE HAVE TRAINED OVER 250 ENTREPRENEURS WHO HAVE SOLD OVER 14,000 PRODUCTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Hester-Goralski CEO | 60 | $86,542 | |
Peter Jones Chair | OfficerTrustee | 1 | $0 |
Julia Holmertz Director Of Operations | Officer | 60 | $72,583 |
Jennifer Wyatt Board Member | Trustee | 1 | $0 |
Laura Musgrave Board Member | Trustee | 1 | $0 |
Sebastian Del Valle Rosales Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Elizabeth Young Grant Writing | 12/30/21 | $720 |
Julia Youngs Grant Writing | 12/30/21 | $2,500 |
Kaylin Fabian | 12/30/21 | $2,643 |
Sonja Alicen Schade Curriculum Development | 12/30/21 | $6,000 |
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 | $1,967,377 |
| Noncash contributions included in lines 1a–1f | $1,507,258 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,967,377 |
| Total Program Service Revenue | $105,981 |
| Investment income | $41 |
| 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 | $2,073,399 |
| 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. | $159,125 |
| Compensation of current officers, directors, key employees. | $27,051 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,066 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,486 |
| Payroll taxes | $55,843 |
| 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 | $0 |
| Advertising and promotion | $299 |
| Office expenses | $11,492 |
| Information technology | $16,362 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $44,133 |
| 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 | $0 |
| Insurance | $3,316 |
| All other expenses | $0 |
| Total functional expenses | $2,338,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $289,015 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $212,669 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $501,684 |
| Accounts payable and accrued expenses | $0 |
| 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 | $123,875 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $198 |
| Total liabilities | $124,073 |
| Net assets without donor restrictions | $223,586 |
| Net assets with donor restrictions | $154,025 |
| 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 | $501,684 |