Root Capital Inc

Cambridge, MA
Tax-exempt since March 2001
EIN: 04-3478123

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: International, Foreign Affairs and National Security / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are tax deductible.

Revenue

$29.1M (2023)

Expenses

$32.5M (2023)

Total Assets

$120M (2023)

Total Liabilities

$51.2M (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Revenue

$29,107,606

Expenses

$32,505,312

Net Income

-$3,397,706

Net Assets

$69,200,103

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$16,524,600	56.8%
Program Services	$10,208,026	35.1%
Investment Income	$2,070,858	7.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$304,122	1.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,840,886	5.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$11,208,730	34.5%

Assets/Debt
Total Assets	$120,379,681
Total Liabilities	$51,179,578
Net Assets	$69,200,103

Compensation

Key Employees and Officers	Compensation	Related	Other
William Foote (Ceo & Founder)	$404,242	$0	$14,421
Frances Reid (Coo & President)	$311,546	$0	$20,686
Scott Mcdonald (Chief External Affairs Officer)	$294,676	$0	$19,879
Bryan Woliner (Cfo & Treasurer)	$267,964	$0	$30,362
Darcy Salinger (Chief Credit Officer)	$259,857	$0	$17,937
Jean Forrester (Controller & Vp Investor Relations)	$221,585	$0	$29,260
Alexandra Tuinstra (Chief Strategy Officer)	$209,027	$0	$11,793
Angela Prosek (Sr. Dir., Inst. Philathropy/Partners)	$179,590	$0	$29,940
Maureen Mcgregor (Sr. Dir., Marketing/Communications)	$174,488	$0	$23,783
Benjamin Witkop (Sr. Dir., Global Lending/Innovation)	$173,798	$0	$23,470
Marli Porth (Chief Of Staff/Clerk)	$144,663	$0	$25,777
Ana Zacapa (Chair)	$0	$0	$0
Grant Gund (Board Member (Through May 2023))	$0	$0	$0
Jan Maarten Mulder (Board Member (Through May 2023))	$0	$0	$0
Mary Barton Dock (Board Member)	$0	$0	$0
Lindsay Bolger (Board Member)	$0	$0	$0
Marissa Wesely (Board Member)	$0	$0	$0
Ken Bartels (Board Member (Through 12/30/23))	$0	$0	$0
Mario Fernandez (Board Member)	$0	$0	$0
Salah Goss (Board Member)	$0	$0	$0
Macani Toungara (Board Member)	$0	$0	$0
Sophie Romana (Board Member)	$0	$0	$0
Scott Amero (Board Member)	$0	$0	$0
Hans Muzoora (Board Member)	$0	$0	$0
Fleur Boos (Board Member)	$0	$0	$0
See filing for compensation of 3 other people →

+ View more people

990

Filed on Oct. 23, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2022

Revenue

$52,823,176

Expenses

$22,889,458

Net Income

$29,933,718

Net Assets

$73,133,721

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$41,878,138	79.3%
Program Services	$10,474,079	19.8%
Investment Income	$286,146	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$184,813	0.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,307,836	5.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$8,074,936	35.3%

Assets/Debt
Total Assets	$129,626,012
Total Liabilities	$56,492,291
Net Assets	$73,133,721

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William Foote (Ceo & Founder)	$309,652	$0	$15,025
Frances Reid (Coo & President)	$278,219	$0	$19,708
Bryan Woliner (Cfo & Treasurer)	$225,908	$0	$31,345
Darcy Salinger (Chief Credit Officer)	$218,027	$0	$8,721
Jean Forrester (Controller & Vp Investor Relations)	$200,424	$0	$28,218
Scott Mcdonald (Chief External Affairs Officer)	$199,335	$0	$8,863
Angela Prosek (Sr. Dir., Inst. Philathropy/Partnerships)	$159,561	$0	$29,292
Gina Trieste (Chief People Officer)	$158,963	$0	$28,459
Benjamin Witkop (Sr. Dir., Global Lending/Innovation)	$155,893	$0	$9,041
Marli Porth (Chief Of Staff/Clerk)	$126,091	$0	$27,636
Ana Zacapa (Chair)	$0	$0	$0
Jack Taylor (Vice Chair (Through March 2022))	$0	$0	$0
Eugene Weil (Board Member (Through March 2022))	$0	$0	$0
Grant Gund (Board Member)	$0	$0	$0
Jan Maarten Mulder (Board Member)	$0	$0	$0
Mary Barton Dock (Board Member)	$0	$0	$0
Cd Glin (Board Member (Through March 2022))	$0	$0	$0
Lindsay Bolger (Board Member)	$0	$0	$0
Marissa Wesely (Board Member)	$0	$0	$0
Ken Bartels (Board Member)	$0	$0	$0
Mario Fernandez (Board Member)	$0	$0	$0
Salah Goss (Board Member)	$0	$0	$0
Macani Toungara (Board Member)	$0	$0	$0
Sophie Romana (Board Member)	$0	$0	$0
Scott Amero (Board Member)	$0	$0	$0
See filing for compensation of 1 other people →

+ View more people

990

Filed on Nov. 1, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2021

Revenue

$34,310,202

Expenses

$19,491,258

Net Income

$14,818,944

Net Assets

$43,633,789

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$26,267,601	76.6%
Program Services	$7,948,268	23.2%
Investment Income	$49,275	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$9,942
Net Inventory Sales	$0
Other Revenue	$55,000	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,189,908	6.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,616,448	33.9%

Assets/Debt
Total Assets	$100,873,290
Total Liabilities	$57,239,501
Net Assets	$43,633,789

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William Foote (Ceo & President (Pres Thru Nov.'21))	$320,648	$0	$11,600
Frances Reid (Coo & President (Pres As Of Nov.'21))	$227,054	$0	$16,491
Bryan Woliner (Cfo & Treasurer)	$199,935	$0	$24,458
Darcy Salinger (Chief Credit Officer)	$193,300	$0	$7,732
Mary Beth Cote Jenssen (Chief Partnership Officer)	$177,451	$0	$28,063
Jean Forrester (Controller & Vp Investor Relations)	$176,372	$0	$35,992
Nancy Everett (General Counsel/Chief Talent Officer)	$158,237	$0	$27,316
Alexandra Tuinstra (Chief Program Officer)	$137,597	$0	$1,353
Benjamin Witkop (Sr. Dir., Global Lending & Innovation)	$133,735	$0	$6,008
Marli Porth (Chief Of Staff/Clerk)	$117,526	$0	$11,486
Ana Zacapa (Chair)	$0	$0	$0
Jack Taylor (Vice Chair)	$0	$0	$0
Peggy Clark (Board Member (Through March 2021))	$0	$0	$0
Franz Colloredo Mansfeld (Board Member (Through March 2021))	$0	$0	$0
Eugene Weil (Board Member)	$0	$0	$0
Grant Gund (Board Member)	$0	$0	$0
Jan Maarten Mulder (Board Member)	$0	$0	$0
Mary Barton Dock (Board Member)	$0	$0	$0
Cd Glin (Board Member)	$0	$0	$0
Lindsay Bolger (Board Member)	$0	$0	$0
Marissa Wesely (Board Member)	$0	$0	$0
James Benenson Iii (Board Member (Through March 2021))	$0	$0	$0
Ken Bartels (Board Member)	$0	$0	$0
Mario Fernandez (Board Member)	$0	$0	$0
Salah Goss (Board Member)	$0	$0	$0
See filing for compensation of 3 other people →

+ View more people

990

Filed on Nov. 2, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2020

Revenue

$21,396,934

Expenses

$21,403,010

Net Income

-$6,076

Net Assets

$29,027,039

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$14,688,149	68.6%
Program Services	$6,572,482	30.7%
Investment Income	$113,965	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,336	0.0%
Net Inventory Sales	$0
Other Revenue	$20,002	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,552,917	7.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,161,966	28.8%

Assets/Debt
Total Assets	$84,001,332
Total Liabilities	$54,974,293
Net Assets	$29,027,039

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William Foote (President & Ceo)	$320,983	$0	$13,462
Frances Reid (Chief Operating Officer)	$218,133	$0	$8,236
Nancy Everett (General Counsel/Chief Talent Officer)	$193,314	$0	$29,422
Bryan Woliner (Cfo/Treasurer)	$191,175	$0	$29,782
Steven Nocka (Chief Lending Officer (Thru 11/2020))	$190,806	$0	$30,497
Darcy Salinger (Chief Credit Officer)	$178,011	$0	$7,121
Jean Forrester (Controller And Vp Investor Relations)	$173,638	$0	$29,904
Amy Mullen (Chief Development Officer)	$171,391	$0	$15,080
Alexandra Tuinstra (Chief Program Officer)	$134,564	$0	$1,353
Benjamin Witkop (Head Of Lending, West Africa & Asia)	$125,979	$0	$5,628
Marli Porth (Chief Of Staff/Clerk)	$107,187	$0	$4,312
Ana Zacapa (Chair)	$0	$0	$0
Jack Taylor (Vice Chair)	$0	$0	$0
Peggy Clark (Board Member)	$0	$0	$0
Franz Colloredo Mansfeld (Board Member)	$0	$0	$0
Rick Peyser (Board Member (Thru 1/2020))	$0	$0	$0
Eugene Weil (Board Member)	$0	$0	$0
Grant Gund (Board Member)	$0	$0	$0
Jan Maarten Mulder (Board Member)	$0	$0	$0
Mary Barton Dock (Board Member)	$0	$0	$0
Cd Glin (Board Member)	$0	$0	$0
Lindsay Bolger (Board Member)	$0	$0	$0
Marissa Wesely (Board Member)	$0	$0	$0
James Benenson Iii (Board Member)	$0	$0	$0
Ken Bartels (Board Member (As Of 9/2020))	$0	$0	$0
See filing for compensation of 4 other people →

+ View more people

990

Filed on July 14, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2019

Revenue

$28,873,589

Expenses

$21,480,329

Net Income

$7,393,260

Net Assets

$29,285,838

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$21,446,858	74.3%
Program Services	$6,972,914	24.1%
Investment Income	$373,774	1.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$740
Net Inventory Sales	$0
Other Revenue	$80,783	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,474,504	6.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,701,183	26.5%

Assets/Debt
Total Assets	$99,271,192
Total Liabilities	$69,985,354
Net Assets	$29,285,838

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William Foote (President & Ceo)	$288,272	$0	$17,286
Nancy Everett (General Counsel & Interim Coo)	$188,117	$0	$18,171
Bryan Woliner (Cfo/Treasurer)	$180,318	$0	$28,302
Steven Nocka (Chief Lending Officer)	$179,785	$0	$27,667
Jean Forrester (Controller)	$172,208	$0	$27,797
Amy Mullen (Chief Development Officer)	$168,380	$0	$12,785
Darcy Salinger (Chief Credit Officer)	$167,151	$0	$6,686
Alexandra Tuinstra (Chief Program Officer)	$123,667	$0	$0
Benjamin Witkop (Head Of Lending, West Africa & Asia)	$120,993	$0	$5,403
Christopher Engstrom (Sr Creative Director)	$115,175	$0	$26,676
Marli Porth (Chief Of Staff/Clerk)	$95,208	$0	$3,808
Jared Chase (Cfo/Treasurer (Until 4/2019))	$51,020	$0	$3,559
Ana Zacapa (Chair (As Of 1/2019))	$0	$0	$0
Jeremy Mindich (Chair (Thru 1/2019))	$0	$0	$0
Philip Martin Brown (Board Member)	$0	$0	$0
Peggy Clark (Board Member)	$0	$0	$0
Franz Colloredo Mansfeld (Board Member)	$0	$0	$0
Daniel Crisafulli (Board Member)	$0	$0	$0
Jack Taylor (Board Member)	$0	$0	$0
Eugene Weil (Board Member)	$0	$0	$0
Grant Gund (Board Member)	$0	$0	$0
Jan Maarten Mulder (Board Member)	$0	$0	$0
Mary Barton Dock (Board Member)	$0	$0	$0
Cd Glin (Board Member)	$0	$0	$0
Lindsay Bolger (Board Member (As Of 9/2019))	$0	$0	$0
See filing for compensation of 5 other people →

+ View more people

990

Filed on Sept. 30, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2018

Revenue

$22,275,720

Expenses

$23,083,477

Net Income

-$807,757

Net Assets

$15,718,807

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$14,068,743	63.2%
Program Services	$7,850,854	35.2%
Investment Income	$225,123	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$230,941
Net Inventory Sales	$0
Other Revenue	$361,941	1.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,665,590	7.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,345,569	23.2%

Assets/Debt
Total Assets	$90,858,790
Total Liabilities	$75,139,983
Net Assets	$15,718,807

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William F Foote (President & Ceo)	$273,194	$0	$24,602
Jared Chase (Cfo/Treasurer & Coo)	$197,570	$0	$10,577
Brian Matthew Onie Milder (Evp Of Strategy)	$185,870	$0	$21,581
Nancy Everett (Gen. Counsel & Interim Coo)	$162,895	$0	$19,802
Darcy Salinger (Chief Credit Officer)	$157,081	$0	$6,283
Jean Forrester (Controller)	$148,988	$0	$22,427
Bryan Woliner (Vp Finance & It, Interim Cfo)	$141,867	$0	$19,758
Lubna Maria Elia (Sr Dir, Us Hr & Corp Complianc)	$119,263	$0	$42,976
Elicia Carmichael (Vp Strategy)	$117,283	$0	$18,278
Michael Mc Creless (Sr Director Of Impact)	$109,335	$0	$14,742
Marli Porth (Chief Of Staff/Clerk)	$78,053	$0	$5,043
Peter Bernard (Coo & Board Membr (6/18 10/18))	$57,277	$0	$6,102
Jeremy Mindich (Chair)	$0	$0	$0
Philip Martin Brown (Board Member)	$0	$0	$0
Peggy Clark (Board Member)	$0	$0	$0
Franz Colloredo Mansfeld (Board Member)	$0	$0	$0
Daniel Crisafulli (Board Member)	$0	$0	$0
Melissa Dann (Board Member)	$0	$0	$0
Funke Oyewole (Board Member (Thru 3/2018))	$0	$0	$0
Rick Peyser (Board Member)	$0	$0	$0
Jack Taylor (Board Member)	$0	$0	$0
Eugene Weil (Board Member)	$0	$0	$0
Simon Winter (Board Member)	$0	$0	$0
Ana Zacapa (Board Member)	$0	$0	$0
Grant Gund (Board Member)	$0	$0	$0
See filing for compensation of 4 other people →

+ View more people

990

Filed on Nov. 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2017

Revenue

$22,072,458

Expenses

$20,934,243

Net Income

$1,138,215

Net Assets

$16,250,131

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$11,510,919	52.2%
Program Services	$9,478,238	42.9%
Investment Income	$112,649	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$161	0.0%
Net Inventory Sales	$0
Other Revenue	$970,491	4.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,356,205	6.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,479,695	26.2%

Assets/Debt
Total Assets	$105,322,211
Total Liabilities	$89,072,080
Net Assets	$16,250,131

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William F Foote (Ceo & President)	$250,257	$0	$23,064
Jared Chase (Cfo & Coo)	$182,692	$0	$11,956
Catherine Gill (Svp Of Inv. Relations & Ops)	$168,574	$0	$20,163
Brian Matthew Onie Milder (Evp Of Strategy, Adv, & Innov)	$168,574	$0	$7,613
Darcy Salinger (Chief Credit Officer)	$152,474	$0	$6,969
Peter Bernard (Chief Operating Officer)	$144,692	$0	$19,195
Nancy Everett (Gen. Counsel&Chief Talent Off.)	$126,981	$0	$9,952
Lubna Maria Elia (Director Of Human Resources)	$123,588	$0	$7,923
Bryan Woliner (Vp Of Finance And It)	$116,134	$0	$8,946
Benjamin Schmerler (Dir. Of Corporate Partnerships)	$109,627	$0	$4,342
Annie Brennan (Clerk)	$13,205	$0	$348
Jeremy Mindich (Chair)	$0	$0	$0
Philip Martin Brown (Board Member)	$0	$0	$0
Peggy Clark (Board Member)	$0	$0	$0
Franz Colloredo Mansfeld (Board Member)	$0	$0	$0
Daniel Crisafulli (Board Member)	$0	$0	$0
Melissa Dann (Board Member)	$0	$0	$0
Ryan Israel (Board Member (Thru 3/17))	$0	$0	$0
Paul Leander Engstrom (Board Member (Thru 2/17))	$0	$0	$0
Elizabeth Luckett (Board Member (Thru 8/17))	$0	$0	$0
Funke Oyewole (Board Member)	$0	$0	$0
Rick Peyser (Board Member)	$0	$0	$0
Jack Taylor (Board Member)	$0	$0	$0
Eugene Weil (Board Member)	$0	$0	$0
Simon Winter (Board Member)	$0	$0	$0
See filing for compensation of 3 other people →

+ View more people

990

Filed on Oct. 18, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2016

Revenue

$19,534,152

Expenses

$29,771,735

Net Income

-$10,237,583

Net Assets

$14,975,099

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$8,283,243	42.4%
Program Services	$10,007,540	51.2%
Investment Income	$108,868	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$196
Net Inventory Sales	$0
Other Revenue	$1,134,697	5.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,193,322	4.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,174,955	24.1%

Assets/Debt
Total Assets	$106,238,675
Total Liabilities	$91,263,576
Net Assets	$14,975,099

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William F Foote (Ceo & President)	$285,822	$0	$27,562
Brian Matthew Onie Milder (Svp Of Strategy, Adv, & Innov)	$176,501	$0	$8,367
Catherine Gill (Svp Of Inv. Relations & Ops)	$172,287	$0	$24,181
Liam Brody (Svp Comm & Mktg (Thru 12/16))	$171,888	$0	$16,922
Darcy Salinger (Chief Credit Officer)	$154,526	$0	$7,539
Nathaniel Schaffran (Svp Of Lending (Thru 11/16))	$153,843	$0	$11,784
Peter Bernard (Treas. (2/16 10/16), Coo)	$153,755	$0	$15,611
Jeronimo Bollen (Vp Latin America)	$136,763	$0	$594
Lubna Maria Elia (Director Of Human Resources)	$123,047	$0	$6,835
Mary Helen Nsangou (Senior Director Of Hr & Admin)	$117,462	$0	$17,919
Annie Brennan (Clerk)	$50,763	$0	$8,763
Randall Atkin (Svp Fin. & Treas. (Thru 2/16))	$39,436	$0	$4,697
Jared Chase (Cfo & Treasurer (As Of 10/16))	$36,518	$0	$250
Jeremy Mindich (Chair)	$0	$0	$0
Peter Bernard (Vice Chair (Thru 2/16))	$0	$0	$0
Philip Martin Brown (Board Member)	$0	$0	$0
Peggy Clark (Board Member)	$0	$0	$0
Franz Colloredo Mansfeld (Board Member)	$0	$0	$0
Daniel Crisafulli (Board Member)	$0	$0	$0
Melissa Dann (Board Member)	$0	$0	$0
Marcela Escobari (Board Member (Thru 5/16))	$0	$0	$0
Ryan Israel (Board Member)	$0	$0	$0
Paul Leander Engstrom (Board Member)	$0	$0	$0
Elizabeth Luckett (Board Member)	$0	$0	$0
Funke Oyewole (Board Member)	$0	$0	$0
See filing for compensation of 4 other people →

+ View more people

990

Filed on Nov. 14, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2015

Revenue

$19,729,515

Expenses

$25,099,664

Net Income

-$5,370,149

Net Assets

$25,811,885

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$6,528,783	33.1%
Program Services	$12,438,190	63.0%
Investment Income	$94,009	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$668,533	3.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,335,177	5.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,915,056	27.6%

Assets/Debt
Total Assets	$130,926,608
Total Liabilities	$105,114,723
Net Assets	$25,811,885

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William F Foote (Ceo & President)	$283,702	$0	$27,096
Randall Atkin (Svp Fin, And Treasurer)	$180,267	$0	$30,979
Brian Matthew Onie Milder (Svp Of Strategy, Adv, & Innov)	$177,497	$0	$8,314
Liam Brody (Svp Of Comm & Mktg)	$173,214	$0	$16,763
Catherine Gill (Svp, Inv. Relations & Ops)	$171,079	$0	$23,610
Nathaniel Schaffran (Svp Of Lending)	$152,193	$0	$12,365
Darcy Salinger (Chief Credit Officer)	$147,366	$0	$7,249
Lubna Maria Elia (Sr Dir, Grc & Clerk(1/15 2/15))	$121,739	$0	$6,711
Mary Helen Nsangou (Senior Director Of Hr & Admin)	$119,062	$0	$7,356
Jeronimo Bollen (Vp Latin America)	$118,767	$0	$31,271
Bryan G Woliner (Director Of Finance)	$109,800	$0	$22,254
Annie Brennan (Clerk (8/15 Present))	$48,078	$0	$8,096
Karina Chamorro (Clerk (2/15 8/15))	$45,166	$0	$12,867
Jeremy Mindich (Chair)	$0	$0	$0
Peter Bernard (Vice Chair)	$0	$0	$0
Katherine Borsecnik (Vice Chair (Thru 2/15))	$0	$0	$0
Hank Cauley (Asst. Clerk (Thru 2/15))	$0	$0	$0
Ken Ansin (Board Member (Thru 2/15))	$0	$0	$0
Philip Martin Brown (Board Member)	$0	$0	$0
Peggy Clark (Board Member)	$0	$0	$0
Franz Colloredo Mansfield (Board Member)	$0	$0	$0
Dan Crisafulli (Board Member)	$0	$0	$0
Melissa Dann (Board Member)	$0	$0	$0
Marcela Escobari (Board Member)	$0	$0	$0
Ryan Israel (Board Member)	$0	$0	$0
See filing for compensation of 5 other people →

+ View more people

990

Filed on Sept. 19, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2014

Revenue

$19,562,470

Expenses

$23,407,347

Net Income

-$3,844,877

Net Assets

$32,658,854

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$7,221,264	36.9%
Program Services	$11,893,488	60.8%
Investment Income	$152,280	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$16,818	0.1%
Net Inventory Sales	$0
Other Revenue	$278,620	1.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,190,621	5.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,969,575	29.8%

Assets/Debt
Total Assets	$141,261,244
Total Liabilities	$108,602,390
Net Assets	$32,658,854

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William F Foote (Ceo & President)	$275,589	$0	$29,556
Randall Atkin (Svp Fin, And Treasurer)	$174,251	$0	$30,979
Liam Brody (Svp Of Comm & Mktg)	$169,399	$0	$18,445
Brian Milder (Svp Of Strategy, Adv, & Innov)	$168,275	$0	$9,889
Catherine Gill (Svp Of Investor Relations)	$165,714	$0	$25,682
Nathaniel Schaffran (Svp Of Lending)	$149,123	$0	$7,279
Darcy Salinger (Chief Credit Officer)	$138,146	$0	$7,725
Jeronimo Bollen (Vp Of Latin America)	$118,640	$0	$374
Lubna Maria Elia (Sr Dir Of Governance & Clerk)	$116,439	$0	$6,403
Mary Helen Nsangou (Senior Director Of Hr & Admin)	$114,163	$0	$9,366
Bryan G Woliner (Director Of Finance)	$108,850	$0	$10,040
Jeremy Mindich (Chair)	$0	$0	$0
Katherine Borsecnik (Vice Chair)	$0	$0	$0
Hank Cauley (Asst. Clerk)	$0	$0	$0
Ken Ansin (Board Member)	$0	$0	$0
Peter Bernard (Board Member)	$0	$0	$0
Dan Crisafulli (Board Member)	$0	$0	$0
Melissa Dann (Board Member)	$0	$0	$0
Marcela Escobari (Board Member)	$0	$0	$0
Ryan Israel (Board Member)	$0	$0	$0
Paul Leander Engstrom (Board Member)	$0	$0	$0
Elizabeth Luckett (Board Member)	$0	$0	$0
Funke Oyewole (Board Member)	$0	$0	$0
Simon Winter (Board Member)	$0	$0	$0
Philip Martin Brown (Board Member)	$0	$0	$0
See filing for compensation of 3 other people →

+ View more people

990

Filed on Nov. 9, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$24,580,473

Expenses

$19,078,519

Net Income

$5,501,954

Net Assets

$37,107,206

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$16,302,985	66.3%
Program Services	$8,055,309	32.8%
Investment Income	$228,383	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$6,204
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$746,441	3.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,338,841	28.0%

Assets/Debt
Total Assets	$115,526,832
Total Liabilities	$78,419,626
Net Assets	$37,107,206

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$32,751,686

Expenses

$16,022,746

Net Income

$16,728,940

Net Assets

$38,324,016

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$24,654,316	75.3%
Program Services	$7,914,139	24.2%
Investment Income	$183,231	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$636,263	4.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,563,607	28.5%

Assets/Debt
Total Assets	$121,169,630
Total Liabilities	$82,845,614
Net Assets	$38,324,016

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$15,487,479

Expenses

$12,673,887

Net Income

$2,813,592

Net Assets

$21,468,799

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,166,388	59.2%
Program Services	$6,173,301	39.9%
Investment Income	$141,723	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$6,067	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$422,189	3.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,313,071	26.1%

Assets/Debt
Total Assets	$87,752,805
Total Liabilities	$66,284,006
Net Assets	$21,468,799

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2010

Revenue

$11,329,025

Expenses

$7,852,072

Net Income

$3,476,953

Net Assets

$18,745,914

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$7,037,823	62.1%
Program Services	$4,145,417	36.6%
Investment Income	$145,785	1.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$372,610	4.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,138,798	27.2%

Assets/Debt
Total Assets	$64,723,838
Total Liabilities	$45,977,924
Net Assets	$18,745,914

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Root Capital Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $29.1M (2023)

Expenses $32.5M (2023)

Total Assets $120M (2023)

Total Liabilities $51.2M (2023)

Tax Filings and Audits by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audit

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Audit

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Audit

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Audit

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Audit

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Audit

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$29.1M (2023)

Expenses

$32.5M (2023)

Total Assets

$120M (2023)

Total Liabilities

$51.2M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001