Nonprofit · EIN 38-4128902
CHANGE REACTION
Tax-exempt · SHERMAN OAKS, CA 91403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,034,870 | $1,437,585 | $1,597,285 | $1,716,891 | $11,175 | $1,705,716 |
| December 31, 2023 | 990 | $2,449,809 | $3,665,773 | -$1,215,964 | $115,118 | $6,687 | $108,431 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,028,532
- Program service revenue
- $0
- Investment income
- $6,338
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,387,114
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $80
- Travel
- $131
- Depreciation
- $2,079
- Program services (functional)
- $1,406,777
- Management and general (functional)
- $28,113
- Fundraising (functional)
- $2,695
Balance sheet and other
- Total assets, start of year
- $115,118
- Total assets, end of year
- $1,716,891
- Total liabilities, end of year
- $11,175
- Net assets, end of year
- $1,705,716
- Land, buildings and equipment
- $2,677
- Gross receipts
- $3,034,870
- Employees
- 0
- Volunteers
- 25
- Year formed
- 2019
- State of legal domicile
- CA
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREGORY F PERLMAN | CEO Trustee or director, Officer | 10 | $0 |
| JODI D PERLMAN | Secretary Trustee or director, Officer | 5 | $0 |
| WADE TRIMMER | President Officer | 40 | $0 |
| KENNETH GROUF | COO Officer | 40 | $0 |
| DAPHNA NISSANOFF-GERENDASH | SENIOR DIRECTOR OF PROGRAMS | 40 | $0 |
| MELISSA CHAMPION | EXEC. ASSISTANT | 40 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WADE TRIMMER | President Officer | 40 | $250,391 |
| KENNETH GROUF | COO Officer | 40 | $213,939 |
| DAPHNA NISSANOFF-GERENDASH | SENIOR DIRECTOR OF PROGRAMS | 40 | $160,001 |
| MELISSA CHAMPION | EXEC. ASSISTANT | 40 | $99,175 |
| GREGORY F PERLMAN | CEO Trustee or director, Officer | 10 | $0 |
| JODI D PERLMAN | Secretary Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 15301 VENTURA BLVD STE B570, SHERMAN OAKS, CA 91403-6650
- Principal officer (990 for 2024)
- GREGORY F PERLMAN, 15301 VENTURA BLVD B570, SHERMAN OAKS, CA 91403
- Signed the 990
- GREGORY F PERLMAN, President
- Phone
- (818) 808-0600
- Website
- CHANGEREACTION.ORG
- Return prepared by
- FISHMAN BLOCK DIAMOND BY CERITY PARTNERS
California records
California keeps its own records of charities and corporations. Search them by EIN 38-4128902 or by the name CHANGE REACTION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
The Change Reaction is a philosophy of giving that offers maximum joy for donors and maximum impact for recipients. We provide direct grants to hardworking people who are experiencing hardships or who have opportunities to further their success but do not have the financial support they need to succeed. By partnering with well-established organizations, we transfer philanthropy to frontline staff who have access to resources not previously available. The result is that caseworkers on the frontlines say yes more often than no to clients in need.
Program accomplishments
- In 2019, we had the ability to establish The Change Reaction as a 501(c)(3). From that, we created partnerships with about 250 different organizations in the greater Los Angeles area. In 2024 we gave $1,387,114 in grants to hard working individuals through these organizations.Expenses $1,406,777 · grants $1,387,114 · revenue $3,034,870
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 38-4128902
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P60)
- Assets (IRS master file)
- $1,716,891
- Income (IRS master file)
- $3,034,870
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,034,870 | $1,437,585 | $1,716,891 | IRS |
| 990 | December 2023 | $2,449,809 | $3,665,773 | $115,118 | XML |
| 990 | December 2022 | $4,906,918 | $3,609,653 | $1,326,800 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 38-4128902).
Questions about CHANGE REACTION
- What is the EIN of CHANGE REACTION?
- The employer identification number (EIN) of CHANGE REACTION is 38-4128902.
- Is CHANGE REACTION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to CHANGE REACTION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHANGE REACTION 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 CHANGE REACTION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHANGE REACTION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CHANGE REACTION?
- The 990 for the year ended December 31, 2024 names GREGORY F PERLMAN.
- Who are the officers and directors of CHANGE REACTION?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does CHANGE REACTION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,034,870, expenses of $1,437,585 and total assets of $1,716,891 at year end.
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