2025-11-16T11:41:29-06:00 2024-12-31 330700332 VASQUEZ COMPANY LLP 655 N CENTRAL AVE STE 1550 GLENDALE CA 91203 990 2024-01-01 810895767 CAPITAL & MAIN CAPI 3233157578 1910 W SUNSET BLVD 740 LOS ANGELES CA 90026 DANNY FEINGOLD EXECUTIVE DIRECTOR 3233157578 2025-11-14 1 1 REGINA PRINCE CPA P00576936 2138731700 2024 2025-03-06 01:10:19Z DANNY FEINGOLD 1910 W SUNSET BLVD 740 LOS ANGELES CA 90026 3736206 0 X WWW.CAPITALANDMAIN.COM X 2015 CA SEE SCHEDULE O 11 10 14 10 0 0 3134046 3596748 0 0 3387 5346 25527 28230 3162960 3630324 4208 3052 0 0 1238843 1606561 0 0 204768 1445699 1442711 2688750 3052324 474210 578000 2220902 2647885 312086 161069 1908816 2486816 TO EDUCATE THE PUBLIC ON MATTERS OF IMPORTANCE THROUGH PRODUCING INVESTIGATIVE REPORTING AND ANALYSIS ON ISSUES SUCH AS ECONOMIC INEQUALITY, ENVIRONMENT, RENEWABLE ENERGY, HEALTH CARE, HOUSING AND IMMIGRATION, AMONG OTHERS. 0 0 2668459 3052 CAPITAL & MAIN IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, WHOSE SPECIFIC PURPOSE IS TO EDUCATE THE PUBLIC ON MATTERS OF IMPORTANCE THROUGH PRODUCING INVESTIGATIVE REPORTING AND ANALYSIS OF ISSUES SUCH AS ECONOMIC INEQUALITY, ENVIRONMENT, HEALTH CARE, HOUSING AND IMMIGRATION, AMONG OTHERS. CAPITAL & MAIN IS THE WINNER OF MORE THAN 200 JOURNALISM AWARDS INCLUDING THE ONLINE JOURNALIST OF THE YEAR PRIZE FROM THE SOUTHERN CALIFORNIA JOURNALISM AWARDS AND SEVERAL BEST IN THE WEST AWARDS. ITS STORIES HAVE BEEN CO-PUBLISHED IN MORE THAN 200 MEDIA OUTLETS, FROM USA TODAY, FORTUNE, THE GUARDIAN AND FAST COMPANY TO THE AMERICAN PROSPECT, GRIST, PROPUBLICA AND THE LA TIMES. ALL REPORTING IS PROVIDED FREE OF CHARGE. 2668459 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 96 0 1 14 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 CA X RUBIT OROZCO 3233157578 1910 W SUNSET BLVD 740 LOS ANGELES CA 90026 DANNY FEINGOLD PUBLISHER/EXECUTIVE DIRECTOR 48.00 X X 179333 0 43282 DIANA BUCKHANTZ CHAIR 1.00 X X 0 0 0 AARON DORFMAN VICE-CHAIR 1.00 X X 0 0 0 MORRIS PEARL TREASURER 1.00 X X 0 0 0 RICK WARTZMAN TEMPORARY SECRETARY 1.00 X X 0 0 0 HAROLD MEYERSON DIRECTOR 1.00 X 0 0 0 ALIA GRIFFING DIRECTOR 1.00 X 0 0 0 EMILY GORDON DIRECTOR 1.00 X 0 0 0 KEITH PACE DIRECTOR 1.00 X 0 0 0 YUH-LINE NIOU DIRECTOR 1.00 X 0 0 0 THERESA RUTHERFORD DIRECTOR 1.00 X 0 0 0 ERIN AUBRY KAPLAN CHAIR (UNTIL MAY 2024) 1.00 X X 0 0 0 COLE FRATES DIRECTOR (UNTIL MAY 2024) 1.00 X 0 0 0 RUBIT OROZCO FINANCE AND ADMIN DIRECTOR 40.00 X 93667 0 17905 CARLO M AMADOR ZELLERBACH CREATIVE DIRECTOR AND MULTIMEDIA EDITOR 48.00 X 100742 0 34779 DEBORAH YOUNG MANAGING EDITOR 48.00 X 104500 0 16498 JESSICA GOODHEART EDITOR-IN-CHIEF 48.00 X 122700 0 5654 PETER HONG EDITOR-IN-CHIEF 48.00 X 153000 0 30121 753942 0 148239 5 0 1 0 0 200476 3396272 107003 3596748 5346 5346 20000 0 20000 20000 20000 105882 200476 105882 0 CREDIT CARD REBATES & 900099 8230 8230 8230 3630324 0 0 33576 X 3052 3052 334187 279101 24999 30087 1006764 848266 73686 84812 37984 30468 3115 4401 129433 103823 10614 14996 98193 83586 6791 7816 10446 9651 335 460 30514 28191 978 1345 809636 748001 25944 35691 78446 67368 8598 2480 164123 137864 16412 9847 53694 53694 19133 19133 8932 8932 20353 14496 5156 701 REPORTING ADVERTISEMENT 67775 67775 ADMINISTRATIVE 55558 53648 1910 PRINTING & GRAPHIC DESI 50051 50051 DUES & SUBSCRIPTIONS 36591 36591 37459 24768 559 12132 3052324 2668459 179097 204768 1172333 1153630 418387 823734 362000 513776 10897 47420 57764 39550 14386 18214 242899 91111 2220902 2647885 97315 96361 2000 2000 212771 62708 312086 161069 X 763011 668961 1145805 1817855 1908816 2486816 2220902 2647885 578000 0 X 0 1 X 1 0 X 2075095 1728155 3041254 3134046 3596748 13575298 2075095 1728155 3041254 3134046 3596748 13575298 2134610 11440688 20500 22000 22000 25387 25346 115233 1651 1500 103955 92154 114112 313372 14003903 0.81700 0.87810 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REWARDS - 2020 AMOUNT: $ 1,651. 2021 AMOUNT: $ 1,500. 2022 AMOUNT: $ 3,468. 2023 AMOUNT: $ 3,527. 2024 AMOUNT: $ 8,230. ANNUAL FUNDRAISER GALA INCOME - 2022 AMOUNT: $ 100,487. 2023 AMOUNT: $ 88,627. 2024 AMOUNT: $ 105,882. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 57764 39550 18214 18214 OPERATING OFFICE LEASE LIABILITY 62708 62708 X 3665949 35625 35625 3630324 0 3630324 3087949 35625 35625 3052324 0 3052324 PART X, LINE 2: CAPITAL & MAIN IS EXEMPT FROM TAXATION UNDER THE INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D AND IS GENERALLY NOT SUBJECT TO INCOME TAXES. ACCORDINGLY, A PROVISION FOR FEDERAL OR STATE INCOME TAXES IS NOT RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. CAPITAL & MAIN IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION PURSUANT TO SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) OF THE IRC. U.S. GAAP PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. CAPITAL & MAIN HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED RELATE TO THE ORGANIZATION'S CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE SUBSTANTIAL UNRELATED TRADE OR BUSINESS INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS, BASED ON THE TECHNICAL MERITS OF THE POSITION, WILL MORE LIKELY THAN NOT BE SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION. THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. CAPITAL & MAIN'S INFORMATION RETURNS REMAIN SUBJECT TO EXAMINATION GENERALLY FOR THREE AND FOUR YEARS AFTER THEY ARE FILED FOR FEDERAL AND STATE, RESPECTIVELY. "EXPOSES"-EVENT 306358 200476 105882 105882 306358 200476 105882 105882 105882 0 X X 0 0 0 0 0 0 0 0 0 DANNY FEINGOLD PUBLISHER/EXECUTIVE DIRECTOR 179333 0 0 0 0 0 8967 0 34315 0 222615 0 0 0 PETER HONG EDITOR-IN-CHIEF 153000 0 0 0 0 0 7650 0 22471 0 183121 0 0 0 PART I, LINE 3 CAPITAL & MAIN'S BOARD OF DIRECTORS HAS A PROCESS FOR REVIEWING AND APPROVING THE COMPENSATION OF THE EXECUTIVE DIRECTOR ON A REGULAR BASIS TO DETERMINE IT IS FAIR AND REASONABLE WITH THE GOAL OF RETAINING EMPLOYEES AT COMPENSATION LEVELS WITHIN APPROPRIATE MARKET RANGE. THE PROCESS FOR DETERMINING THE COMPENSATION PAID TO THE EXECUTIVE DIRECTOR INCLUDES THE APPROVAL OF THE COMPENSATION ARRANGEMENT IN ADVANCE, BY THE BOARD OF DIRECTORS, WITH ALL PERSONS WITH A CONFLICT OF INTEREST ABSTAINING FROM THE BOARD'S DELIBERATION AND DISCUSSION. THE BOARD REVIEWS DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED NONPROFIT EXECUTIVES AT SIMILARLY SITUATED ENTITIES. THE DOCUMENTATION OF THE BOARD INCLUDES THE TERMS OF THE TRANSACTION AND THE DATE OF APPROVAL, THE MEMBERS WHO WERE PRESENT DURING THE DEBATE AND VOTE ON THE TRANSACTION, A DESCRIPTION OF THE COMPARABLE DATA AND HOW IT WAS OBTAINED, AND DOCUMENTATION OF THE BASIS FOR THE DETERMINATION. X 650 107003 AVG. QUOTED PRICE 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING IN PART I, COLUMN (B), THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART I, LINE 1 TO EDUCATE THE PUBLIC ON MATTERS OF IMPORTANCE THROUGH PRODUCING INVESTIGATIVE REPORTING, AND ANALYSIS ON ISSUES SUCH AS ECONOMIC INEQUALITY, ENVIRONMENT, RENEWABLE ENERGY, HEALTH CARE, HOUSING, AND IMMIGRATION, AMONG OTHERS. FORM 990, PART VI, SECTION B, LINE 11B CAPITAL & MAIN'S CPA FIRM PREPARES THE FORM 990. THE INFORMATION RETURN IS REVIEWED AND APPROVED BY THE ORGANIZATION'S CONTROLLER OR CFO AND CEO. THE VOTING MEMBERS OF THE BOARD RECEIVE A COMPLETE COPY, INCLUDING ALL SCHEDULES, PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CAPITAL & MAIN REQUIRES ALL OFFICERS, DIRECTORS AND EMPLOYEES TO DISCLOSE, AT LEAST ANNUALLY, ALL POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIALS FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE MUST LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST. A) AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETINGS, BUT AFTER THE PRESENTATION, HE/SHE MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE NOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B) THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE WILL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C) AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE WILL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE WILL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT WILL MAKE ITS DECISIONS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. PERIODIC REVIEWS. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED. THESE REVIEWS CONSIDER WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE; AND WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A CAPITAL & MAIN'S BOARD OF DIRECTORS HAS A PROCESS FOR REVIEWING AND APPROVING THE COMPENSATION OF THE EXECUTIVE DIRECTOR ON A REGULAR BASIS TO DETERMINE IT IS FAIR AND REASONABLE WITH THE GOAL OF RETAINING EMPLOYEES AT COMPENSATION LEVELS WITHIN APPROPRIATE MARKET RANGE. THE PROCESS FOR DETERMINING THE COMPENSATION PAID TO THE EXECUTIVE DIRECTOR INCLUDES THE APPROVAL OF THE COMPENSATION ARRANGEMENT IN ADVANCE, BY THE BOARD OF DIRECTORS, WITH ALL PERSONS WITH A CONFLICT OF INTEREST ABSTAINING FROM THE BOARD'S DELIBERATION AND DISCUSSION. THE BOARD REVIEWS DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED NONPROFIT EXECUTIVES AT SIMILARLY SITUATED ENTITIES. THE DOCUMENTATION OF THE BOARD INCLUDES THE TERMS OF THE TRANSACTION AND THE DATE OF APPROVAL, THE MEMBERS WHO WERE PRESENT DURING THE DEBATE AND VOTE ON THE TRANSACTION, A DESCRIPTION OF THE COMPARABLE DATA AND HOW IT WAS OBTAINED, AND DOCUMENTATION OF THE BASIS FOR THE DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 SOME OR ALL OF THESE ITEMS MAY BE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 741,097. MANAGEMENT AND GENERAL EXPENSES 25,705. FUNDRAISING EXPENSES 35,362. TOTAL EXPENSES 802,164. TRAINING FOR STAFF: PROGRAM SERVICE EXPENSES 2,079. MANAGEMENT AND GENERAL EXPENSES 72. FUNDRAISING EXPENSES 99. TOTAL EXPENSES 2,250. PAYROLL FEES: PROGRAM SERVICE EXPENSES 2,982. MANAGEMENT AND GENERAL EXPENSES 103. FUNDRAISING EXPENSES 142. TOTAL EXPENSES 3,227. 401K PLAN EXPENSES: PROGRAM SERVICE EXPENSES 1,843. MANAGEMENT AND GENERAL EXPENSES 64. FUNDRAISING EXPENSES 88. TOTAL EXPENSES 1,995. FORM 990, PART IX, LINE 24E FURNITURE & EQUIPMENT: PROGRAM SERVICE EXPENSES 15,473. MANAGEMENT AND GENERAL EXPENSES 559. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,032. FUNDRAISING OUTREACH: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 12,132. TOTAL EXPENSES 12,132. AWARDS SUBMISSION: PROGRAM SERVICE EXPENSES 9,295. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,295.