Obodo Collective
- Assets
- $300.2k
- Revenue
- $798.0k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-2649754
Organization Overview
Obodo Collective is located in San Francisco, CA. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, 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. Obodo Collective 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 12/2022, Obodo Collective generated $798.0k in total revenue. All expenses for the organization totaled $559.7k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH ITS CHARITABLE PROGRAMMING, THE CORPORATION PLANS TO IDENTIFY AND SELECT UNDERSERVED LOCAL COMMUNITIES AND NEIGHBORHOODS AND TO TAILOR ITS PROGRAMMING TO MEET THE UNMET OR UNDERSERVED NEEDS OF EACH SUCH COMMUNITY OR NEIGHBORHOOD OF PEOPLE TO FULFILL THE CORPORATION'S CHARITABLE PURPOSE AND MISSION. IN THIS MANNER, THE CORPORATION'S PROGRAMMING WILL BE SOMEWHAT FLEXIBLE AND VARIABLE DEPENDING UPON THE NEIGHBORHOOD OR COMMUNITY NEEDS BEING SERVED IN EACH INSTANCE. IMPORTANT TO THE CORPORATION'S OBJECTIVES, FOR EXAMPLE, WILL BE TO COLLABORATE WITH EXISTING LOCAL GOVERNMENTAL AGENCIES AND SIMILAR NONPROFITS TO FULFILL THE CORPORATION'S PURPOSE AND MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OBODO BEGAN ITS MISSION IN 2020 AND CONTINUED IT THROUGH THE CURRENT YEAR BY FOCUSING ON THE HISTORIC WESTSIDE OF LAS VEGAS, NEVADA. DURING THE YEAR, OBODO PERFORMED OVER 1,000 ACTS OF SERVICE TO THE COMMUNITY, PROVIDING ASSISTANCE TO THE PEOPLE, INCLUDING YOUNG CHILDREN AND FAMILIES, IN CRITICAL AREAS OF NEED SUCH AS FOOD INSECURITY, NUTRITIONAL EDUCATION, RENTAL RIGHTS SUPPORT, CRITICAL FINANCIAL ASSISTANCE AND JOB PLACEMENT ASSISTANCE. ADDITIONALLY, THE OBODO COLLECTIVE CORP CONTINUED TO SUPPORT LOCAL AND GLOBAL REFUGEE RELIEF EFFORTS IN EUROPE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Dice President And Co-Founder | OfficerTrustee | 20 | $0 |
Erica Vital-Lazare Co-Founder | Trustee | 20 | $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 | $797,987 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $797,987 |
| 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 | $797,987 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $260,000 |
| Benefits paid to or for members | $20,580 |
| 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 | $148,470 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,809 |
| Payroll taxes | $13,662 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,013 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,038 |
| Advertising and promotion | $1,878 |
| Office expenses | $3,399 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,736 |
| Travel | $7,268 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,784 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,555 |
| Insurance | $0 |
| All other expenses | $5,048 |
| Total functional expenses | $559,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,480 |
| 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 | $196,754 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $300,234 |
| 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 | $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 | $300,234 |
| Total liabilities and net assets/fund balances | $300,234 |
Grants Awarded
Over the last fiscal year, Obodo Collective has awarded $20,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES PURPOSE: PROVIDE AIDE TO REFUGEE FAMILIES FOR HOUSING & PERSONAL ITEMS | $10,000 |
DISCOVERY CHARTER SCHOOL PURPOSE: PROVIDE SUPPORT TO STUDENTS WITH ACADEMIC NEEDS | $1,000 |
100 ACADEMY OF EXCELLENCE INC PURPOSE: PROVIDE SUPPORT TO STUDENTS WITH ACADEMIC & PERSONAL NEEDS | $1,000 |
CLARK COUNTY SCHOOL DISTRICT PURPOSE: PROVIDE SUPPORT TO STUDENTS WITH ACADEMIC & PERSONAL NEEDS | $7,000 |
ASPECTS ACADEMY PURPOSE: PROVIDE SUPPORT TO STUDENTS WITH ACADEMIC & PERSONAL NEEDS | $1,000 |