SOCIAL IMPACT PARTNERS INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
SOCIAL IMPACT PARTNERS INC (EIN 85-1704762)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-02-09
IRS object ID
202310409349301421
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-02-09T16:35:21-06:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061415579PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Capossela Cohen LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1368 Center StreetAddressLine1Txt
CitySouthportCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06890ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN851704762EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Social Venture Partners Connecticut IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSOCIBusinessNameControlTxt
Phone9177515966PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line150 Charles StreetAddressLine1Txt
CityWestportCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06880ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonChris KunhardtPersonNm
Person TitleTreasurerPersonTitleTxt
Phone9177515966PhoneNum
Signature2023-01-24SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstChrisPersonFirstNm
Person LastKunhardtPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonChristopher Arden CPAPreparerPersonNm
PTINP01257557PTIN
Phone2032547000PhoneNum
Preparation2023-01-24PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerChris KunhardtPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line150 Charles StreetAddressLine1Txt
CityWestportCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06880ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,866,586GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresssvp-ct.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2020FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionAdvancing equitable solutions for closing the opportunity gap.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee7TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,771,576PYContributionsGrantsAmt
CY Contributions Grants$1,864,307CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,211PYInvestmentIncomeAmt
CY Investment Income$2,279CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,772,787PYTotalRevenueAmt
CY Total Revenue$1,866,586CYTotalRevenueAmt
PY Grants And Similar Paid$600,606PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$250,595CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$671,265PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$867,969CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$86,925CYTotalFundraisingExpenseAmt
PY Other Expenses$109,293PYOtherExpensesAmt
CY Other Expenses$140,720CYOtherExpensesAmt
PY Total Expenses$1,381,164PYTotalExpensesAmt
CY Total Expenses$1,259,284CYTotalExpensesAmt
PY Revenues Less Expenses$391,623PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$607,302CYRevenuesLessExpensesAmt
Total Assets BOY$391,623TotalAssetsBOYAmt
Total Assets EOY$1,041,945TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$43,020TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$391,623NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$998,925NetAssetsOrFundBalancesEOYAmt
MissionThe Organization leverages time and resources to advance equitable solutions for closingConnecticut's opportunity gap, while becoming more strategic and effective in their giving.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,064,999ExpenseAmt
Grant$250,595GrantAmt
DescSocial Venture Partners Connecticut, Inc. (SVP) works with nonprofit organizations, state government, and the private sector to build more equitable and effective workforce development and early child care and education systems and programs, and support greater racial equity across Connecticut's economic and social systems. SVP supports the development and execution of comprehensive strategies and initiatives in these areas to support underserved populations.Desc
Total Program Service Expenses$1,064,999TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee7EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Camille GuthrieBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9177515966PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line150 Charles StreetAddressLine1Txt
CityWestportCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06880ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Don Kendall
Chair10.00Yes (X)Yes (X)$0$0$0
Chris Kunhardt
Treasurer10.00Yes (X)Yes (X)$0$0$0
Jamilah Prince-Stewart
Vice Chair10.00Yes (X)Yes (X)$0$0$0
Karen Brown
Director5.00Yes (X)$0$0$0
Will Ginsburg
Director5.00Yes (X)$0$0$0
Phil Butterfield
Director5.00Yes (X)$0$0$0
Vanessa Liles
Director5.00Yes (X)$0$0$0
Jen Gerber
Secretary10.00Yes (X)$0$0$0
Shannon Marimon
Director5.00Yes (X)$0$0$0
Jeff Mayer
Director5.00Yes (X)$0$0$0
Maria Isabel Mojica
Director5.00Yes (X)$0$0$0
Amy Orenstein
Director5.00Yes (X)$0$0$0
Bernie Park
Director5.00Yes (X)$0$0$0
Richard Wenning
Director5.00Yes (X)$0$0$0
Althea Brooks
Director5.00Yes (X)$0$0$0
Mark Argosh
Executive Director40.00Yes (X)$140,000$0$0
Michael Van Leesten
Director of Organization Development40.00$138,999$0$0Yes (X)
Skye Cornell
Highly Compensated Employee30.00$103,846$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$382,845TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,864,307AllOtherContributionsAmt
Total Contributions$1,864,307TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,279TotalRevenueColumnAmt
Exclusion$2,279ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,866,586TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,279ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$250,595TotalAmt
Program Services$250,595ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$146,462TotalAmt
Program Services$102,523ProgramServicesAmt
Management And General$30,757ManagementAndGeneralAmt
Fundraising$13,182FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$626,359TotalAmt
Program Services$531,190ProgramServicesAmt
Management And General$46,525ManagementAndGeneralAmt
Fundraising$48,644FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$32,370TotalAmt
Program Services$26,543ProgramServicesAmt
Management And General$3,237ManagementAndGeneralAmt
Fundraising$2,590FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$62,778TotalAmt
Program Services$51,478ProgramServicesAmt
Management And General$6,278ManagementAndGeneralAmt
Fundraising$5,022FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,601TotalAmt
Program Services$1,443ProgramServicesAmt
Management And General$158ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,464TotalAmt
Program Services$11,232ProgramServicesAmt
Management And General$11,232ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$17,253TotalAmt
Program Services$8,478ProgramServicesAmt
Management And General$275ManagementAndGeneralAmt
Fundraising$8,500FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$41,003TotalAmt
Program Services$35,895ProgramServicesAmt
Management And General$3,322ManagementAndGeneralAmt
Fundraising$1,786FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$45,750TotalAmt
Program Services$37,515ProgramServicesAmt
Management And General$4,575ManagementAndGeneralAmt
Fundraising$3,660FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,887TotalAmt
Program Services$8,107ProgramServicesAmt
Management And General$989ManagementAndGeneralAmt
Fundraising$791FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescBank and credit card chDesc
Total$2,762TotalAmt
Management And General$12ManagementAndGeneralAmt
Fundraising$2,750FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,259,284TotalAmt
Program Services$1,064,999ProgramServicesAmt
Management And General$107,360ManagementAndGeneralAmt
Fundraising$86,925FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$80,678BOYAmt
EOY$61,423EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$308,753BOYAmt
EOY$975,149EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$5,373EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,192BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$391,623BOYAmt
EOY$1,041,945EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$10,520EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$32,500EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$43,020EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$220,623BOYAmt
EOY$232,650EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$171,000BOYAmt
EOY$766,275EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$391,623BOYAmt
EOY$998,925EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$391,623BOYAmt
EOY$1,041,945EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$607,302ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$1,771,576CurrentTaxYearMinus1YearAmt
Current Tax Year$1,864,307CurrentTaxYearAmt
Total$3,635,883TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$1,771,576CurrentTaxYearMinus1YearAmt
Current Tax Year$1,864,307CurrentTaxYearAmt
Total$3,635,883TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$621,065SubstantialContributorsTotAmt
Public Support Total170$3,014,818PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$1,211CurrentTaxYearMinus1YearAmt
Current Tax Year$2,279CurrentTaxYearAmt
Total$3,490TotalAmt
FieldValueIRS element (for citing)
Total Support$3,639,373TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,848,491TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$1,848,491RevenueSubtotalAmt
Other Revenues Not Included$18,095OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$18,095RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,866,586TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,241,189TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,241,189ExpensesSubtotalAmt
Other Expenses Not Included$18,095OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$18,095ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,259,284TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part X, Line 2:The Organization recognizes the effect of tax positions only when they are more likely than not of being sustained. Management has determined that the Organization had no uncertain tax positions that would require financial statement recognition. Tax years dating back to the initial tax year for June 30, 2021 will be open for audit by federal and state authorities.
Part XI, Line 4b - Other Adjustments:Passthrough grants netted against income 18,095.
Part XII, Line 4b - Other Adjustments:Passthrough grants netted against income 18,095.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
State of Connecticut
165 Capital AvenueHartfordCT06106066000798State of Connecticut$125,000$0CostN/ASupport of COVID 19 mitigation and recovery advisors
Career Resources Inc
1000 Lafayette BoulevardBridgeportCT06604061427945501(c)(3)$13,095$0CostN/ASupport of Career Resources development resources and general operating support
ReadyCT Inc
350 Church Street 3rd FloorHartfordCT06103274704040501(c)(3)$25,000$0CostN/AGeneral operating support
Open Doors Shelter Inc
4 Merritt StreetNorwalkCT06854222536909501(c)(3)$25,000$0CostN/AGeneral operating support
Norwalk ACTS
9 Mott Avenue Lower Level SuiteNorwalkCT06850825334443501(c)(3)$25,000$0CostN/AGeneral operating support
The Greater Bridgeport Opportunities Industrialization Center
510 Barnum Avenue 104BridgeportCT06608061493753501(c)(3)$25,000$0CostN/AGeneral operating support
Connecticut Council for Philanthropy
75 Charter Oak Avenue Suite 1-205HartfordCT06106237024016501(c)(3)$7,500$0CostN/AGeneral operating support for Early Childhood Funders Collaborative
FieldValueIRS element (for citing)
Total501c3 Org7Total501c3OrgCnt
Total Other Org7TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationThe Investment Committee is reponsible for grantee relations. The Committee is actively involved in reviewing grantee budgeting, contracts and financial reviews during the year and at year end. Grants of $5,000 and over are presented to the Board of Directors for review and approval.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bThe Form 990 is distributed to the Board of Directors for questions and comments before it is filed.
Form 990, Part VI, Section B, line 12cThe organization has a Conflict of Interests Policy which all Officers and Board members must sign annually, and management discusses the policy to ensure that members understand how the policy works, including the vehicle available for reporting any behavior on the part of others that appear to be in conflict with the policy.
Form 990, Part VI, Section B, line 15The Board of Directors annually sets and approves the compensation package for the Executive Director. The executive committee is responsible for preparing a recommendation for the Board of Directors. The Executive Committee must review and approve all compensation to staff other than the Executive Director upon the recommendation of the Executive Director.
Form 990, Part VI, Section C, line 19The organization makes these items available to the public upon request. Other information regarding the organization's committees, management, donations can be accessed at the organization's website, svp-ct.org.
Form 990, Part XII, Line 2c:There have been no changes from prior year.

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