Operation Reboot
- Assets
- $513.9k
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 7
- Location
- Palo Alto, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-3743655
Organization Overview
Operation Reboot, operating under the name Pillar, is located in Palo Alto, CA. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Pillar employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pillar 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, Pillar generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $4.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Pillar has awarded 37 individual grants totaling $1,924,500. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT SMALL BUSINESSES IN THE AFTERMATH OF THE COVID-19 PANDEMIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPLEMENT AN ECONOMIC DEVELOPMENT PROGRAM TO PROVIDE FINANCIAL ASSISTANCE TO SMALL BUSINESSES, SUCH AS RESTAURANTS, BARBER SHOPS, NAIL SALONS, LOCAL SPECIALTY STORES, ETC. AND THAT NEED FINANCIAL ASSISTANCE TO REOPEN DUE TO THE COVID-19 PANDEMIC. IN 2022, 59 GRANTEES WERE SELECTED AND/OR FUNDED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Hansen President/director | OfficerTrustee | 1 | $0 |
Chris Boucher Secretary/treasurer/director | OfficerTrustee | 1 | $0 |
Gerald Hankerson Director | Trustee | 1 | $0 |
Ariel Kelley Chief Executive Officer | Officer | 40 | $249,922 |
Tiffany Ramos Director Of Operations | 40 | $129,353 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Raise For Good Llc Brand And Strategy | 12/30/22 | $330,000 |
Apercen Partners Llc Accounting & Consulting | 12/30/22 | $144,794 |
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 | $3,230,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,230,000 |
| 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 | $3,230,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,927,350 |
| Grants and other assistance to domestic individuals. | $880,308 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $279,140 |
| Compensation of current officers, directors, key employees. | $27,914 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $348,426 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,376 |
| Payroll taxes | $43,031 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,497 |
| Fees for services: Accounting | $151,623 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $440,033 |
| Advertising and promotion | $3,790 |
| Office expenses | $13,867 |
| Information technology | $1,201 |
| Royalties | $0 |
| Occupancy | $16,300 |
| Travel | $2,067 |
| 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 | $5,270 |
| All other expenses | $0 |
| Total functional expenses | $4,150,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $510,336 |
| 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 | $3,600 |
| 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 | $513,936 |
| Accounts payable and accrued expenses | $56,037 |
| Grants payable | $379,000 |
| 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 | $435,037 |
| Net assets without donor restrictions | $78,899 |
| 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 | $513,936 |
Grants Awarded
Over the last fiscal year, Operation Reboot has awarded $1,924,500 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
BAJA BISTRO PURPOSE: SMALL BUSINESS SUPPORT DURING THE COVID-19 PANDEMIC | $75,000 |
AVOLE COFFEE LLC PURPOSE: SMALL BUSINESS SUPPORT DURING THE COVID-19 PANDEMIC | $40,000 |
AMY'S MERKATO LLC PURPOSE: SMALL BUSINESS SUPPORT DURING THE COVID-19 PANDEMIC | $45,000 |
BANANAS GRILL LLC PURPOSE: SMALL BUSINESS SUPPORT DURING THE COVID-19 PANDEMIC | $45,000 |
BLACK AND TAN HALL LLC PURPOSE: SMALL BUSINESS SUPPORT DURING THE COVID-19 PANDEMIC | $125,000 |
BROWN SUGAR BAKING COMPANY LLC PURPOSE: SMALL BUSINESS SUPPORT DURING THE COVID-19 PANDEMIC | $25,000 |