Affirm Cares
- Assets
- $255.7k
- Revenue
- $119.4k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 08/2019
- Data as of
- 12/2023
- EIN
- 84-2053318
Organization Overview
Affirm Cares is located in San Francisco, CA. The organization was established in 2019. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Affirm Cares 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, Affirm Cares generated $119.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 68.1% each year .
Since 2020, Affirm Cares has awarded 36 individual grants totaling $617,541. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
AFFIRM CARES SUPPORTS FINANCIAL LITERACY & INCLUSION, VIBRANT COMMUNITIES, AND TECHNOLOGY EDUCATION & TRAINING THROUGH GRANTS TO ORGANIZATIONS WHO SUPPORT THOSE PILLARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL LITERACY AND INCLUSION: PROVIDE FAIR AND RESPONSIBLE CREDITFOR COMMUNITIES AND BUSINESSES AND CREDIT EDUCATION TO SUPPORTINVESTMENT IN NONPROFITS FOCUSED ON EQUITABLE ECONOMIC GROWTH.
TECHNOLOGY EDUCATION & TRAINING: SUPPORT ACCESS TO TECHNOLOGY FOR K-12CODING ACADEMIES AND BOOTCAMPS AND PROVIDE WORKFORCE DEVELOPMENT ANDSUPPORT FOR SMALL URBAN AND RURAL BUSINESSES.
VIBRANT COMMUNITIES: BE A VIBRANT COMMUNITIES PARTNER WITHORGANIZATIONS FOCUSED ON HOUSING INSECURITY, HOMELESSNESS, NEIGHBORHOODPRESERVATION AND REVITALIZATION, SMALL BUSINESS DEVELOPMENT, ANDCOMMUNITY ENRICHMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brooks Hosfield President (end 06/23) | OfficerTrustee | 0.25 | $0 |
Jude Komuves Vice President (end 09/23) | OfficerTrustee | 0.25 | $0 |
Siphelele Jiyane Treasurer | OfficerTrustee | 0.25 | $0 |
Scott Astrada Secretary | OfficerTrustee | 0.25 | $0 |
Ulrico Izaguirre Board Member | Trustee | 0.25 | $0 |
Katrina Holt Board Member (end 09/23) | Trustee | 0.25 | $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 | $109,838 |
| Noncash contributions included in lines 1a–1f | $15,299 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,838 |
| 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 | $9,554 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $119,392 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $114,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $114,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $255,668 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $255,668 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $255,668 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $255,668 |
Grants Awarded
Over the last fiscal year, Affirm Cares has awarded $96,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
FREE CODE CAMP INC PURPOSE: TECH EDUCATION | $9,000 |
COUNCIL FOR ECONOMIC EDUCATION PURPOSE: FINANCIAL LITERACY | $20,000 |
FOSTER LOVE PROJECT PURPOSE: VIBRANT | $10,000 |
YEAR UP INC PURPOSE: TECH EDUCATION | $7,000 |
100 BLACK MEN OF WESTERN PA INC PURPOSE: TECH EDUCATION | $10,000 |
EAST BAY ASIAN LOCAL DEVELOPMENT CORPORATION PURPOSE: FINANCIAL LITERACY | $10,000 |