Nonprofit · EIN 82-4938743
CITY FUND
Tax-exempt · BEAVERTON, OR 97008
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $58,768,233 | $127,313,744 | -$68,545,511 | $59,707,884 | $16,767,497 | $42,940,387 |
| June 30, 2024 | 990 | $118,596,237 | $98,489,750 | $20,106,487 | $118,681,087 | $7,623,317 | $111,057,770 |
| June 30, 2023 | 990 | $55,405,330 | $55,448,793 | -$43,463 | $108,692,498 | $17,741,215 | $90,951,283 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $55,683,333
- Program service revenue
- $0
- Investment income
- $3,083,641
- Other revenue
- $1,259
Expenses
- Grants and similar amounts paid
- $109,340,212
- Compensation of officers, directors and key employees
- $1,464,184
- Other salaries and wages
- $8,501,174
- Salaries, compensation and benefits (total)
- $12,340,963
- Professional fundraising fees
- $0
- Legal fees
- $30,180
- Accounting fees
- $129,927
- Travel
- $478,856
- Program services (functional)
- $120,612,455
- Management and general (functional)
- $5,943,113
- Fundraising (functional)
- $758,176
Balance sheet and other
- Total assets, start of year
- $118,681,087
- Total assets, end of year
- $59,707,884
- Total liabilities, end of year
- $16,767,497
- Net assets, end of year
- $42,940,387
- Publicly traded securities
- $20,379,800
- Net assets without donor restrictions
- $38,801,387
- Net assets with donor restrictions
- $4,139,000
- Gross receipts
- $58,768,233
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2018
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARLON MARSHALL | CEO Officer | 36 | $494,290 | $54,921 | $82,864 |
| KEVIN SHAFER | PRESIDENT Officer | 37 | $460,420 | $34,655 | $72,298 |
| GARY VERNON BORDEN | PARTNER Highest-paid employee | 37 | $413,801 | $31,146 | $97,927 |
| JESSICA PENA | PARTNER Highest-paid employee | 38 | $408,889 | $21,520 | $88,952 |
| NATASHA WILLIAMS | CFO Officer | 32 | $343,965 | $85,991 | $74,132 |
| KAMEELAH SHAHEED-DIALLO | PARTNER Highest-paid employee | 39 | $417,450 | $12,911 | $72,120 |
| CHRISTOPHER JEFFREY BARBIC | PARTNER Highest-paid employee | 39 | $417,497 | $12,912 | $54,440 |
| PATRICK DOBARD | PARTNER Highest-paid employee | 39 | $417,613 | $12,916 | $54,184 |
| JOHN ARNOLD | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| REED HASTINGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROMY DRUCKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ELISA VILLANUEVA BEARD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARLON MARSHALL | CEO Officer | 36 | $482,605 | $49,078 | $65,301 |
| KEVIN SHAFER | PRESIDENT Officer | 38 | $452,754 | $21,429 | $53,429 |
| GARY VERNON BORDEN | PARTNER Highest-paid employee | 37 | $377,118 | $34,773 | $77,865 |
| NAEHA DEAN | PARTNER Highest-paid employee | 38 | $386,891 | $25,001 | $72,861 |
| ETHAN LAWRENCE GRAY | PARTNER Highest-paid employee | 37 | $385,039 | $26,852 | $72,035 |
| JESSICA PENA | PARTNER Highest-paid employee | 39 | $400,010 | $11,881 | $69,326 |
| TYLER WHITMIRE | PARTNER Highest-paid employee | 35 | $355,257 | $56,635 | $68,998 |
| NATASHA WILLIAMS | CFO Officer | 32 | $329,513 | $82,378 | $55,171 |
| JOHN ARNOLD | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| REED HASTINGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROMY DRUCKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ELISA VILLANUEVA BEARD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| NEERAV KINGSLAND | MANAGING PARTNER - UNTIL 12/2022 Trustee or director, Officer | 33 | $464,183 | $90,617 | $46,077 |
| ETHAN GRAY | PARTNER Highest-paid employee | 36 | $383,059 | $46,741 | $71,925 |
| JESS PENA | PARTNER Highest-paid employee | 39 | $419,413 | $10,387 | $67,552 |
| MARLON MARSHALL | CEO - AS OF 9/2022 Officer | 8 | $93,798 | $368,452 | $31,424 |
| NATASHA WILLIAMS | CFO Officer | 32 | $341,870 | $87,930 | $63,733 |
| KAMEELAH SHAHEED-DIALLO | PARTNER Highest-paid employee | 37 | $396,849 | $32,951 | $63,453 |
| CHRISTOPHER BARBIC | PARTNER Highest-paid employee | 38 | $409,205 | $20,595 | $48,804 |
| KEVIN SHAFER | PRESIDENT - AS OF 9/2022 Officer | 37 | $393,804 | $35,996 | $33,635 |
| PATRICK DOBARD | PARTNER Highest-paid employee | 37 | $295,791 | $22,549 | $38,093 |
| JOHN ARNOLD | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| REED HASTINGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ELISA VILLANEUVA BEARD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROMY DRUCKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 9450 SW GEMINI DR PMB 28552, BEAVERTON, OR 97008-7105
- In care of
- % EZRA REESE
- Principal officer (990 for 2024)
- JOHN ARNOLD, 9450 SW GEMINI DRIVE PMB 28552, BEAVERTON, OR 97008
- Signed the 990
- MARLON MARSHALL, CEO
- Phone
- (202) 922-5879
- Website
- HTTPS://CITY-FUND.ORG/
- Return prepared by
- ARMANINO ADVISORY LLC
Mission
TO SUPPORT CITY-BASED NON-PROFIT ORGANIZATIONS IN THEIR EFFORTS TO IMPROVE PUBLIC EDUCATION OUTCOMES FOR LOCAL CHILDREN, AND TO MAKE INVESTMENTS TO INCREASE THE NUMBER OF HIGH-PERFORMING PUBLIC SCHOOLS IN CITIES.
Program accomplishments
- TODAY, OUR EDUCATIONAL SYSTEM WORKS WELL FOR FAR TOO FEW CHILDREN IN THE UNITED STATES. THIS FAILURE NOT ONLY DEPRIVES MILLIONS OF CHILDREN OF A LEGITIMATE PATHWAY TO PURSUE GAINFUL EMPLOYMENT AND A PURPOSE-FILLED LIFE, BUT IT IS ALSO A THREAT TO THE WELLBEING OF OUR NATION.TO ADDRESS THESE SYSTEMIC CHALLENGES, CITY FUND INVESTS IN AND SUPPORTS CITY-BASED NONPROFIT ORGANIZATIONS DEDICATED TO INCREASING THE NUMBER OF HIGH-QUALITY PUBLIC SCHOOLS IN THEIR CITIES AND OTHERWISE IMPROVING OUTCOMES FOR ALL CHILDREN. CITY FUND SUPPORTS NONPROFITS THAT SHARE ITS MISSION IN THREE CORE WAYS: ADVISING; FUNDING; AND CONVENING. (CONTINUED ON SCH. O)ADVISING: CITY FUND PROVIDES ADVISING AND COACHING SUPPORT TO THE LEADERS OF CITY-BASED NONPROFIT ORGANIZATIONS AIMING TO IMPROVE PUBLIC SCHOOL OUTCOMES. CITY FUND FOCUSES ITS ADVISING EFFORTS ON CITY-BASED NON-PROFIT ORGANIZATIONS THAT ARE PLAYING A KEY LEADERSHIP ROLEINVESTING IN THE CREATION OF NEW, HIGH-QUALITY PUBLIC SCHOOLS, FUNDING AND DEVELOPING EDUCATOR TALENT PIPELINES, ENGAGING THEIR COMMUNITY, AND SUPPORTING EDUCATION POLICY IMPROVEMENTS.FUNDING: CITY FUND PROVIDES FUNDING TO CITY-BASED NONPROFIT ORGANIZATIONS FOCUSED ON IMPROVING PUBLIC SCHOOLS. THROUGH THIS GRANTMAKING, CITY FUND MAKES STRATEGIC INVESTMENTS IN THE MOST EFFECTIVE, HIGH-IMPACT, OR PROMISING ORGANIZATIONS WORKING ON THE DEVELOPMENT AND GROWTH OF HIGH-QUALITY PUBLIC SCHOOLS AND AFFILIATED EDUCATIONAL PROGRAMMING FOR DISADVANTAGED CHILDREN.CONVENING: CITY FUND ALSO CONVENES CITY-BASED EDUCATION NONPROFIT LEADERS AND OTHER KEY STAKEHOLDERS IN COMMUNITIES OF PRACTICE TO FACILITATE PEER-TO-PEER LEARNING. THESE EVENTS BRING NONPROFIT LEADERS, FUNDERS, AND OTHER STAKEHOLDERS TOGETHER TO LEARN ABOUT DIFFERENT APPROACHES TO IMPROVING PUBLIC EDUCATION. THE CONVENINGS CONSIST OF CONFERENCES, WORKING GROUP MEETINGS, AND OTHER IN-PERSON MEETINGS ACROSS THE COUNTRY. THE PURPOSE OF ALL CONVENINGS IS TO UNITE THOSE WORKING TO IMPROVE OUTCOMES FOR CHILDREN IN ORDER TO SHARE BEST PRACTICES AND NEW INSIGHTS.Expenses $120,612,455 · grants $109,340,212
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 82-4938743
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $59,707,884
- Income (IRS master file)
- $58,768,233
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $58,768,233 | $127,313,744 | $59,707,884 | XML |
| 990 | June 2024 | $118,596,237 | $98,489,750 | $118,681,087 | XML |
| 990 | June 2023 | $55,405,330 | $55,448,793 | $108,692,498 | XML |
| 990 | June 2022 | $115,823,271 | $86,900,051 | $118,722,969 | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-4938743).
Questions about CITY FUND
- What is the EIN of CITY FUND?
- The employer identification number (EIN) of CITY FUND is 82-4938743.
- Is CITY FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to CITY FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CITY FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CITY FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CITY FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CITY FUND?
- The 990 for the year ended June 30, 2025 names JOHN ARNOLD.
- Who are the officers and directors of CITY FUND?
- The 990 for the year ended June 30, 2025 lists 12 people; 8 received compensation from the organization, the highest $494,290 (MARLON MARSHALL, CEO).
- How much revenue does CITY FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $58,768,233, expenses of $127,313,744 and total assets of $59,707,884 at year end.
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- THE DELASKI FAMILY FOUNDATION EIN 54-1902570 · last filed 990-PF for 2024
- DONORS OF COLOR NETWORK INC EIN 81-1676971 · last filed 990 for 2024
All nonprofits in BEAVERTON · Oregon · Philanthropy, voluntarism and grantmaking foundations