Mk Level Playing Field Institute
- Assets
- $5.2m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 107
- Location
- Oakland, CA
- Founding
- 07/2001
- Data as of
- 12/2023
- EIN
- 91-2088635
Organization Overview
Mk Level Playing Field Institute, operating under the name Smash, is located in Oakland, CA. The organization was established in 2001. According to its NTEE Classification (V37) the organization is classified as: Labor Studies, under the broad grouping of Social Science and related organizations. As of 12/2023, Smash employed 107 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smash 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, Smash generated $6.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $6.2m during the year ending 12/2023. While expenses have increased by 5.5% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
A NONPROFIT PUBLIC BENEFIT CORPORATION COMMITTED TO ELIMINATING THE BARRIERS FACED BY UNDERREPRESENTED PEOPLE OF COLOR IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH ("STEM") AND FOSTERING THEIR UNTAPPED TALENT FOR THE ADVANCEMENT OF OUR NATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SMASH ACADEMY - SMASH ACADEMY IS A THREE-YEAR ENRICHMENT PROGRAM FOR LOW-INCOME HIGH SCHOOL STUDENTS FROM BACKGROUNDS UNDERREPRESENTED IN STEM FIELDS. SMASH SCHOLARS START IN THE PROGRAM IN NINTH GRADE, CONTINUING THROUGH THEIR SENIOR YEAR. OVER THE THREE-YEAR PERIOD, SCHOLARS RECEIVE MORE THAN 1,000 HOURS OF STEM COURSEWORK, MENTORSHIP, AND LEADERSHIP DEVELOPMENT.PRIMARY PROGRAMMING IS HELD DURING THE SUMMER. OUR UNIVERSITY PARTNERS HOSTING OUR SCHOLARS EACH YEAR INCLUDE: UC BERKELEY, STANFORD UNIVERSITY, UC DAVIS, MOREHOUSE COLLEGE, ILLINOIS INSTITUTE OF TECHNOLOGY, NORTHEASTERN UNIVERSITY, UNIVERSITY OF MICHIGAN, AND SPELMAN COLLEGE.DURING THE ACADEMIC YEAR, ON SATURDAYS, SMASH SCHOLARS PARTICIPATE IN COLLEGE SUCCESS WORKSHOPS, WHICH COVER TOPICS SUCH AS FINANCIAL AID, COLLEGE VISITS, AND COLLEGE FIT. THEY ALSO PARTICIPATE IN COMPUTER SCIENCE WORKSHOPS.
SMASH ALUMNI PROGRAM - WHEN SMASH ACADEMY SCHOLARS GRADUATE, THEY JOIN THE SMASH ALUMNI PROGRAM. THE FLAGSHIP PROGRAM, SMASH RISING, IS AN EARLY-STAGE WORKPLACE READINESS PROGRAM THAT EQUIPS SMASH ALUMNI WITH THE CRITICAL SKILLS NEEDED TO DESIGN SOLUTIONS FOR PARTNERED COMPANIES. WE PLACE PODS (TEAMS) OF SMASH ALUMNI AT WORKPLACES TO PROVIDE INTERNSHIP PREPARATION AND WORKPLACE EXPOSURE EARLY IN THEIR COLLEGE CAREERS.THIS IS A PAID INTERNSHIP FOR SMASH ACADEMY ALUMNI ENTERING THEIR FIRST AND SECOND YEARS OF COLLEGE. SUPPORTED BY DEDICATED SMASH HIRED AND TRAINED PROJECT MANAGERS, THE PROGRAM PROVIDES THE PODS WITH THE OPPORTUNITY TO PUT THE SKILLS DEVELOPED AT SMASH ACADEMY INTO ACTION. SCHOLAR-INTERNS DEVELOP NEW IDEAS AND CREATE INNOVATIVE SOLUTIONS FROM THE CHALLENGES PROVIDED BY OUR PARTNERS. IN ADDITION TO SMASH RISING, ALUMNI CAN PARTICIPATE IN SMASH ADMIT AND SMASH PERSIST. SMASH ADMIT PROVIDES SUPPORT AROUND COLLEGE ADMITTANCE TO SENIOR IN HIGH SCHOOL. SMASH PERSIST PROVIDES SUPPORT TO STUDENTS IN COLLEGE AROUND WAYS TO ENSURE SUCCESS WHILE NAVIGATING COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Freada Kapor Klein Board Chair / Interim CEO | OfficerTrustee | 2 | $0 |
Duane Valz Board Secretary (thru 3/2023) | OfficerTrustee | 2 | $0 |
Ross Fubini Board Member | Trustee | 2 | $0 |
Mitch Kapor Board Member (thru 4/2023) | Trustee | 2 | $0 |
Chris Martin Board Member (thru 3/2023) | Trustee | 2 | $0 |
Allison Scott PHD Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blaine Casanave Smash Rtx Program Consultant | 12/30/22 | $177,000 |
Kapor Enterprises Inc Prog, Development, And M&g Services | 12/30/22 | $955,296 |
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 | $6,423,509 |
| Noncash contributions included in lines 1a–1f | $31,783 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,423,509 |
| Total Program Service Revenue | $94,400 |
| Investment income | $33,605 |
| 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 | $6,554,564 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $438,089 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $552,133 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,860,393 |
| Pension plan accruals and contributions | $153,429 |
| Other employee benefits | $26,608 |
| Payroll taxes | $259,867 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,973 |
| Fees for services: Accounting | $66,785 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,098,552 |
| Advertising and promotion | $0 |
| Office expenses | $9,859 |
| Information technology | $38,653 |
| Royalties | $0 |
| Occupancy | $110,698 |
| Travel | $27,789 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,180 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $196,213 |
| All other expenses | $24,610 |
| Total functional expenses | $6,150,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,927,762 |
| Pledges and grants receivable | $3,101,560 |
| Accounts receivable, net | $289 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $196,473 |
| 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 | $5,226,084 |
| Accounts payable and accrued expenses | $202,919 |
| Grants payable | $0 |
| Deferred revenue | $10,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $853 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $213,772 |
| Net assets without donor restrictions | $2,117,964 |
| Net assets with donor restrictions | $2,894,348 |
| 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 | $5,226,084 |