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EIN 85-2051176

Potlikker Capital

IRS 501(c) type
501(c)(3)
Num. employees
10
City
Ithaca
State
New York
Year formed
2020
Most recent tax filings
2023-12-01
NTEE code, primary
V00: Social Science Research: General
Description
Potlikker Capital holistically serves BIPOC farmers in America at the intersection of racial and climate justice through lending, grantmaking, and providing grants and loans to related agribusinesses and charitable organizations impacting disadvantaged areas primarily in rural farming communities throughout the United States. Its capital assistance combines financial support with community-driven governance.
Related structure
Potlikker Capital is a subordinate organization under RSF Social Finance (RSF).
Total revenues
$2,499,126
2023
Total expenses
$2,011,322
2023
Total assets
$7,387,917
2023
Num. employees
10
2023

Program areas at Potlikker Capital

Potlikker Capital is a charitable loan fund focused on building resiliency of agricultural communities, believes that by providing Capital, through both bridge loans and cost share loans, integrated along with technical assistance, they will reduce and eliminate barriers to the program and increase its utilization by disadvantaged agricultural producers. Potlikker Capital deployed 720 thousand in loans and grants to producers in various states across the country in form of bridge and term loans, purchase order financing, debt refinancing, lines of credit, and equity financing.

Grants made by Potlikker Capital

GranteeGrant descriptionAmount
RSF Social Finance (RSF)Funding for Grants$75,000

Who funds Potlikker Capital

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
ImpactAssetsGeneral Support$250,000
Common Counsel Foundation (CCF)General Operating$150,000
W.K. Kellogg Foundation (WKKF)Provide General Operating Support To Help the Organization Advance Its Mission of Serving Bipoc (Black, Indigenous and People of Color) Farmers in America Who Operate at the Intersection of Racial and Climate Justice$150,000
...and 4 more grants received

Personnel at Potlikker Capital

NameTitleCompensation
Lisa ClotterChief Operating Officer
Mark WatsonCo - Founder, President, Board and Investment Committee Member$150,000
Lolita D. NunnDirector of Programs and Investor Relations
Juan EscarenoField Director
Xitlali VillaUnderwriting Manager
...and 1 more key personnel

Financials for Potlikker Capital

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,417,205
Program services$38,196
Investment income and dividends$43,725
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,499,126

Form 990s for Potlikker Capital

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-15990View PDF
2021-122023-04-11990View PDF
2020-122023-04-11990View PDF
Data update history
January 7, 2025
Used new vendors
Identified 1 new vendor, including
January 7, 2025
Received grants
Identified 5 new grant, including a grant for $250,000 from ImpactAssets
August 2, 2024
Received grants
Identified 1 new grant, including a grant for $150,000 from W.K. Kellogg Foundation (WKKF)
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 28, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsResearch centersChapter / child organizationsCharities
Issues
Social sciences
Characteristics
Conducts researchReceives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 778
Ithaca, NY 14851
Metro area
Ithaca, NY
County
Tompkins County, NY
Website URL
potlikkercapital.com/ 
Phone
(800) 319-5660
IRS details
EIN
85-2051176
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
V00: Social Science Research: General
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
California AB-488 details
AB 488 status
May Not Operate or Solicit for Charitable Purposes
Charity Registration status
Delinquent
FTB status revoked
Not revoked
AG Registration Number
CT0296946
FTB Entity ID
4610302
AB 488 data last updated ("as-of") date
2025-02-19
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