2024-11-14T20:15:04-05:00 2023-12-31 881892972 RM Martin PLLC 800 Maine Ave SW Washington DC 20024 990 2023-01-01 852112719 The Roots Fund ROOT 1127 High Ridge Rd Suite 117 Stamford CT 06905 Ikimi Woodson Executive Direc 7186918922 2024-02-06 false true Regina Martin P01425755 2025798672 2024-11-14 2023 2024-10-15 13:58:12Z 872267 false X X 2019 CT THE ROOTS FUND WAS CREATED TO EMPOWER THE BIPOC COMMUNITY IN THE WINE INDUSTRY BYPROVIDING RESOURCES AND FINANCIAL SUPPORT THROUGH EDUCATIONAL SCHOLARSHIPS, WINEEDUCATION, MENTORSHIP, AND JOB PLACEMENT. THE ROOTS FUND IS COMMITTED TO INVESTING INTHE BLACK, INDIGENOUS & LAT 3 3 5 0 0 872267 0 0 0 872267 427118 0 269620 0 17862 245954 942692 -70425 81837 125365 113953 81837 11412 THE ROOTS FUND WAS CREATED TO EMPOWER THE BIPOC COMMUNITY IN THE WINE INDUSTRY BYPROVIDING RESOURCES AND FINANCIAL SUPPORT THROUGH EDUCATIONAL SCHOLARSHIPS, WINEEDUCATION, MENTORSHIP, AND JOB PLACEMENT. THE ROOTS FUND IS COMMITTED TO INVESTING INTHE BLACK, INDIGENOUS & LAT false false 480451 4a. Educational Scholarships $206,455.47 (minus enrichment trips)Roots Fund had a monumental year. Our scholarships increased by 50%, with offering into the Court Masters Sommelier, Wine Scholars Guild, and offering college tuition to UC Davis, Cornell, and FIngerlakes Community College. We executed a variety of tutoring programs in English and Spanish for High School and professional adults. This work landed recognition in the NY Times for our contributions to education in wine for people of color. 4c. Enrichment Trips $43,000 (pulled from scholarship number)To be successful in certifications and knowledge you must travel the wine world. Scholars traveled to France, Oregon and California. Scholars lived in the regions, studied the culture, ate the food, and drank wines with the best producers in the world. These experiences may have been the first travel excursion for many scholars, but we hope it isnt the last. These enrichment trips bring the book studies to. life. 4b. Career Development 80% of the scholars in our program were placed in careers in wine. Not just jobs, that would require multiple streams of income to survive but lucrative careers. Building extensive career pathways with levels of mentorship and networking has brought guaranteed success. People of color needed the opportunity, education, and support. Our organization has managed to provide all those things for our scholars. 40% of our scholars landed in early management roles that will lead to promotions within 18 months of employment. 480451 true true false false false false false false false false true false false true true false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 3 0 true 5 true false false false false false false false false X 3 3 false false false false false false false true true false false true true true false false false false false false X Ikimi Woodson 7186918922 1127 High Ridge Rd Suite 117 Stamford CT 06905 Ikimi Woodson Executive Director 0.00 0.00 X 102030 0 0 102030 0 0 1 false false false 176678 695589 872267 176678 872267 0 0 0 427118 427118 102030 102030 140115 37960 97458 4697 2904 2434 470 24571 3021 21189 361 15771 15771 14187 14187 54846 54846 30933 3712 26293 928 7663 7660 3 744 744 661 661 65980 2852 54989 8139 2541 2541 302 302 19940 19940 Gifts 7994 205 4055 3734 Bank Fees 3607 2488 1119 Payroll Service Fees 1255 1255 Phone 3059 3059 16471 16471 942692 480451 444379 17862 27140 7591 813 103771 4312 1306 2199 3006 51685 10997 81837 125365 78866 35087 0 113953 X 81837 11412 81837 11412 81837 125365 -70425 0 X false false X 417554 981421 696027 2095002 417554 981421 696027 2095002 2095002 0 417554 981421 696027 2095002 1.00000 0.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4312 1306 3006 3006 Other Assets 10997 10997 Credit Card 35087 35087 Wine Auction 176678 176678 176678 176678 176678 Form 990 governing body review Part VI line 11 1. Executive Director prepares financial statements. 2. The 990 is prepared usingfinancial statement information. 3. The 990 is compared and reviewed againstfinancial statement data 4. The executive director approves 990 before sharing thedraft with the board. Board reviews and approves final 990 before filing. Governing documents etc available to public Part VI line 19 No other documents available to the public.