California · Nonprofit
MBOLDEN CHANGE
MBOLDEN CHANGE (California) receives grants from 70 organizations whose IRS filings report $3,196,878 to it, the largest being WOODLAWN FOUNDATION ($680,000). 35 of them have funded it in more than one year.
- Revenue FY2024
- $611k
- Funders on record
- 70
- Grants received
- $3.2M
- Net assets
- $143k
What Mbolden Change does
Mission
mBOLDen Change funds, incubates, and advances systemic equity by strengthening nonprofit partners, resourcing community-driven solutions, and fostering stability, mobility, and belonging for people and families.
As stated on its FY2024 Form 990.
Programs
On its FY2025 return the organization reported starting a significant new program and a significant change in how it conducts a program.
As mBOLDen Change, the organization concentrates its work in three areas: (1) co-creating and incubating community-driven solutions that advance economic security, stability, mobility, and social equity, including direct cash assistance and guaranteed income initiatives; (2) building the capacity of frontline organizations that uphold the safety net and advance social justice; and (3) educating the public and shifting the narrative around poverty, the safety net, and economic opportunity.
Its own explanation, from Schedule O of that return (Part III, line 2).
In May 2025, the organization completed its rebrand to mBOLDen Change. The new name and visual identity system reflect an evolution in mission and strategy that had been underway for several years: a shift from in-kind distributions of shoes, clothing, and other emergency supplies to children and families toward a holistic, systems-focused model that funds, incubates, and advances community-driven solutions that address economic insecurity and inequity.
Its own explanation, from Schedule O of that return (Part III, line 3).
Partner Capacity Building: mBOLDen Change strengthens the capacity of frontline community organizations working to uphold the safety net and advance social justice. This support includes strategy, program design and incubation, organizational operations and more.
$145,243 spent53% of program spendingCommunity Education & Narrative Change: mBOLDen Change works to reshape how the public and policymakers understand poverty, the safety net, and economic opportunity. This work includes developing public education content and digital tools to inform community members, advocates, and decision-makers.
$72,602 spent27% of program spendingBasic Needs Support: mBOLDen Change advances household economic stability and mobility by designing and incubating direct cash assistance programs in partnership with community organizations.
$54,723 spent20% of program spending
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $272,568.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $1.0M to $542k (−47%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 5% · 2021 2% · 2022 2% · 2023 5% · 2024 5%. Grants only. Government contracts and fees sit inside program revenue.
99% of MBOLDEN CHANGE’s revenue is contributions — more donation-reliant than the typical peer (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Minh Ngo
Chairperson and Executive Director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 21 funders to 29 funders, grant income rose $325k → $571k.
13 of 70 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 46% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MBOLDEN CHANGE’s funders (the co-funder graph). Top 30 of 70 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MBOLDEN CHANGE has a broad base — no single funder exceeds 21% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
76% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MBOLDEN CHANGE.
Largest funder’s share by year: 2017 68% · 2018 19% · 2019 21% · 2020 19% · 2021 23% · 2022 23% · 2023 31% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
41% of MBOLDEN CHANGE's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
97% of MBOLDEN CHANGE's grant income comes from California funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.5M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MBOLDEN CHANGE's funding base is broadening — from 21 funders to 29 as grant income climbed.
this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024
Organizations like MBOLDEN CHANGE
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for MBOLDEN CHANGE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MBOLDEN CHANGE?
- MBOLDEN CHANGE (California) receives grants from 70 organizations whose IRS filings report $3,196,878 to it, the largest being WOODLAWN FOUNDATION ($680,000). 35 of them have funded it in more than one year.
- How many funders does MBOLDEN CHANGE have?
- IRS filings report 70 organizations giving $3,196,878 in grants to MBOLDEN CHANGE, 35 of which have funded it in more than one year.
- Who is the largest funder of MBOLDEN CHANGE?
- WOODLAWN FOUNDATION is the largest funder on record, with $680,000 in grants. The full list of funders is on this page.
- How can an organization like MBOLDEN CHANGE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 70 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing