2023-11-15T11:16:41-06:00 2022-12-31 BDO USA ONE INTERNATIONAL PLACE BOSTON MA 02110 990 2022-01-01 274620963 Social Finance Inc % JOHN WOODS SOCI 6179399900 2 Atlantic Avenue 5th Floor Boston MA 02110 JOHN WOODS CFO 6179399900 2023-11-07 true JOHN WOODS XXX-XX-XXXX Brian Vigneault P00540650 6174220700 2023-09-25 2 2022 2023-04-26 12:10:37Z JOHN WOODS 2 Atlantic Avenue 5th Floor Boston MA 02110 74695415 false X www.socialfinance.org X 2011 MA SOCIAL FINANCE IS A NATIONAL IMPACT FINANCE AND ADVISORY NONPROFIT. WE WORK WITH PUBLIC, PRIVATE, AND SOCIAL SECTORS TO BUILD INNOVATIVE (CONTINUED ON SCHEDULE O.) 17 16 130 16 0 0 74358353 65663400 7251400 7594640 36973 124327 46500 21450 81693226 73403817 1752750 228000 0 0 11664836 16027535 0 0 177311 4956700 7037376 18374286 23292911 63318940 50110906 95994128 153587163 10929112 20054853 85065016 133532310 X SOCIAL FINANCE IS A NATIONAL IMPACT FINANCE AND ADVISORY NONPROFIT. OUR AIM IS SIMPLE: TO PRODUCE MEANINGFUL OUTCOMES THAT SPARK SOCIAL CHANGE. BY WORKING WITH PUBLIC, PRIVATE, AND SOCIAL SECTORS, WE CREATE PARTNERSHIPS AND INVESTMENTS TO MEASURABLY IMPROVE LIVES. false false 11121257 228000 849944 IMPACT INVESTING SERVICES - THROUGH ITS IMPACT INVESTING PORTFOLIO, SFI DEVELOPS AND MANAGES IMPACT-FIRST INVESTMENTS AND INNOVATIVE FINANCING SOLUTIONS THAT GENERATE POSITIVE OUTCOMES FOR PEOPLE AND COMMUNITIES. AS AN INTERMEDIARY, SFI WORKS IN COLLABORATION WITH ITS PARTNERS TO DESIGN, LAUNCH, AND MANAGE IMPACT INVESTMENT PROJECTS. ITS PARTNERS INCLUDE FEDERAL, STATE AND LOCAL GOVERNMENTS SEEKING TO DEPLOY PUBLIC FUNDS TO ADDRESS LONG-STANDING SOCIAL ISSUES, WITH A FOCUS ON OUTCOMES, AND, IN SOME CASES, BY LEVERAGING PRIVATE IMPACT INVESTMENT FUNDS. SFI ALSO WORKS WITH DIRECT SERVICE PROVIDERS WHICH WORK WITH COMMUNITIES AND PEOPLE TO IMPROVE LIFE OUTCOMES, AS WELL AS WORKFORCE TRAINING PROVIDERS IN A VARIETY OF FIELDS. SFI ENGAGES IMPACT INVESTORS SEEKING IMPROVED SOCIAL OUTCOMES THROUGH THEIR INVESTMENTS. SFI ALSO ANALYSES PROGRAM DATA, OFTEN WORKING WITH EXTERNAL EVALUATORS WITH SPECIFIC EXPERTISE. INCREASINGLY, SFI WORKS WITH LOAN OR INCOME SHARE AGREEMENT ORIGINATORS AND SERVICERS WHICH ARE ACTIVE IN CONSUMER LENDING. SFI'S IMPACT INVESTMENTS ARE STRUCTURED EITHER THROUGH EQUITY OR LOAN FINANCING STRUCTURES. IT ESTABLISHES SEPARATE AFFILIATES OR SUBSIDIARIES FOR EACH IMPACT INVESTMENT FINANCING TO ENTER INTO THE VARIOUS CONTRACTS WITH ITS IMPACT INVESTORS, GOVERNMENTS (IF APPLICABLE), THE APPLICABLE SERVICE OR TRAINING PROVIDERS, AS WELL AS EVALUATORS AND LOAN OR INCOME SHARE AGREEMENT ORIGINATORS AND SERVICERS. THREE IMPACT INVESTMENT STRATEGIES EMPLOYED TO DATE INCLUDE: . SOCIAL IMPACT BONDS ("SIBS"), WHICH ENABLE GOVERNMENTS TO ACHIEVE RESULTS FOR COMMUNITIES BY PARTNERING WITH INVESTORS AND SERVICE PROVIDERS TO TACKLE PARTICULAR SOCIAL CHALLENGES. GOVERNMENT ONLY PAYS ONCE A PROGRAM ACHIEVES OUTCOMES THAT BENEFIT SERVICE RECIPIENTS AND GENERATE PUBLIC VALUE. SIBS TRANSFER RISK OF NON-PERFORMANCE FROM THE PUBLIC TO THE PRIVATE SECTOR AND ALIGN PROJECT PARTNERS ON THE ACHIEVEMENT OF MEANINGFUL IMPACT. . CAREER IMPACT BONDS ("CIBS"), A DISTINCT CONTRACTING STRUCTURE BASED ON DEFERRED TUITION AGREEMENTS LIKE INCOME SHARE AGREEMENTS OR OUTCOMES BASED LOANS IN WHICH IMPACT INVESTORS' FUNDS COVER UPFRONT PROGRAM COSTS AND CRITICAL WRAPAROUND SUPPORT SERVICES FOR LOW INCOME, UNDER SKILLED, OR UNDER EMPLOYED STUDENTS IN ORDER TO ADVANCE THEIR ECONOMIC MOBILITY. UNLIKE TRADITIONAL STUDENT OR CONSUMER LOANS, DEFERRED TUITION AGREEMENTS UNDER THE CIB PROGRAMS LINK REPAYMENT TO OUTCOMES: STUDENTS REPAY PROGRAM COSTS AS A PERCENTAGE OF THEIR INCOME, OR AS A FIXED DOLLAR AMOUNT, ONLY ONCE THEY GAIN MEANINGFUL EMPLOYMENT AFTER GRADUATION AND ACHIEVE THE DESIGNATED INCOME THRESHOLD. IN SOME INSTANCES, REPAYMENT IS MADE BY EMPLOYERS OF GRADUATING STUDENTS UPON ACHIEVEMENT OF RETENTION OR OTHER THRESHOLDS. . DREAMERS GRADUATE EDUCATION LOAN FUND, A UNIQUE IMPACT FUND WHICH SUPPORTS GRADUATE EDUCATIONAL LOANS FOR DREAMERS (UNDOCUMENTED IMMIGRANT YOUTH WHO CAME TO THIS COUNTRY AT A YOUNG AGE) TO ATTEND GRADUATE SCHOOL TO ACHIEVE THEIR PROFESSIONAL GOALS. THE FUND PROVIDES GRADUATE EDUCATION FUNDING AT TERMS COMPARABLE TO GOVERNMENT STUDENT LOAN PROGRAMS FOR DREAMERS, WHO DO NOT HAVE ACCESS TO THESE TRADITIONAL EDUCATIONAL LOANS. EACH IMPACT INVESTMENT TEAM REMAINS ENGAGED IN AN IMPACT INVESTMENT PROJECT ONCE IT IS LAUNCHED THROUGH AN ONGOING PROJECT MANAGEMENT AND ACTIVE PERFORMANCE MANAGEMENT ROLE TO SUPPORT ACHIEVEMENT OF THE PROJECT'S GOALS AND OUTCOMES. ACHIEVEMENT OF THE PROJECT'S GOALS AND OUTCOMES. 6777102 0 6766146 IMPACT ADVISORY SERVIVES-PUBLIC SECTOR PRACTICE - SFI PARTNERS WITH ELECTED OFFICIALS, POLICYMAKERS, CIVIC LEADERS, COMMUNITY MEMBERS, AND SERVICE PROVIDERS TO DEVELOP GOVERNMENT FUNDING TOOLS THAT LINK FUNDING TO OUTCOMES TO MAXIMIZE THE IMPACT OF TAXPAYER DOLLARS. SFI ANALYZES DATA TO SUPPORT BETTER DECISION MAKING AND HELPS ACTIVELY MANAGE PROGRAMS FOR OUTCOMES. WE ESTABLISH COLLABORATIVE GOVERNANCE STRATEGIES TO DRIVE IMPROVEMENT AND INNOVATION. SFI ALSO STRENGTHENS THE CAPACITY OF GOVERNMENT DEPARTMENTS TO ENABLE MORE EFFECTIVE AND EQUITABLE DELIVERY OF PUBLIC SERVICE, AND IT SUPPORTS PARTNERS IN DESIGNING AND EXECUTING INNOVATIVE PROGRAMS, PRACTICES, AND PARTNERSHIPS, GROUNDED IN PAY FOR SUCCESS PRINCIPLES. 798904 0 0 MARKET EDUCATION - SFI WORKS TO BUILD THE PFS FIELD THROUGH RESEARCH AND PUBLICATIONS THAT SYNTHESIZE SFI'S LEARNINGS IN ITS IMPACT INVESTMENT AND ADVISORY WORK. THROUGH KEY MARKET EDUCATION EFFORTS, INCLUDING WHITE PAPERS, OP-EDS AND BLOG POSTS, SPEAKING OPPORTUNITIES, AND MEDIA ENGAGEMENTS, SFI CONTRIBUTES TO THE ADVANCEMENT OF EVIDENCE-BASED POLICY, EFFECTIVE PHILANTHROPY, AND IMPACT INVESTING. 18697263 true true false true false false false false false false true false false false true true false true false false true true false false false false false false false true false false false false false false false false false false false false true true true true false false true 37 0 true 130 true false false false false false false false false false false false false X 17 16 false false false false false false false true true false false false true true true true false true true false CA MA NY X X JOHN WOODS 6179399900 2 ATLANTIC AVENUE 5TH FLOOR Boston MA 02110 X TRACY PALANDJIAN CEO & CO-FOUNDER 40.0 0.0 X X 521137 0 31827 MICHAEL GROSSMAN MANAGING DIRECTOR 40.0 0.0 X 317761 0 16536 NAVJEET K BAL MANAGING DIR & GENERAL COUNSEL 40.0 0.0 X 273503 0 31220 EMILY FRIEDMAN CHIEF ADMIN. OFFICER 40.0 0.0 X 266483 0 35173 JUSTIN BAKULE VP, IMPACT INVESTMENTS 40.0 0.0 X 205278 0 29220 JACOB SEGAL VP, IMPACT ADVISORY 40.0 0.0 X 210523 0 13878 ANDREW C CHEN VP, IMPACT INVESTMENTS 40.0 0.0 X 201230 0 23051 TERESA ANNE KNICKMAN PLANCHER VP, PARTNERSHIPS AND STRATEGY 40.0 0.0 X 198207 0 15446 JONATHAN S EDWARDS VP, IMPACT INVESTMENTS 40.0 0.0 X 182668 0 30006 JEFFREY N SHUMWAY MANAGING DIR. (END 7/2022) 40.0 0.0 X 165122 0 17789 JOHN WOODS CFO 40.0 0.0 X 123921 0 11746 BRACEBRIDGE H YOUNG JR CHAIRPERSON & DIRECTOR 2.0 0.0 X X 0 0 0 EDWARD L SHAPIRO VICE CHAIR & DIRECTOR 2.0 0.0 X X 0 0 0 PAMELA DIPPEL CHONEY TREASURER & DIRECTOR 2.0 0.0 X X 0 0 0 NANCY ZIMMERMAN CLERK & DIRECTOR 2.0 0.0 X 0 0 0 SIR RONALD COHEN DIRECTOR 2.0 0.0 X 0 0 0 KAREN DYNAN DIRECTOR 2.0 0.0 X 0 0 0 DOUG HENDERSON DIRECTOR 2.0 0.0 X 0 0 0 LAURA LAUDER DIRECTOR 2.0 0.0 X 0 0 0 ELIZABETH LEMPRES DIRECTOR 2.0 0.0 X 0 0 0 ANDREW MARINO DIRECTOR 2.0 0.0 X 0 0 0 GOVERNOR DEVAL PATRICK DIRECTOR 2.0 0.0 X 0 0 0 ALEXA RACHLIN DIRECTOR 2.0 0.0 X 0 0 0 IAN SIMMONS DIRECTOR 2.0 0.0 X 0 0 0 DR LAUREN SMITH DIRECTOR 2.0 0.0 X 0 0 0 LAURENE SPERLING DIRECTOR 2.0 0.0 X 0 0 0 SANDRA A URIE DIRECTOR 2.0 0.0 X 0 0 0 2665833 0 255892 62 false true false CHAPMAN AND CUTLER LLP 320 SOUTH CANAL STREET 27TH FLOOR CHICAGO IL 60606 LEGAL SERVICE 319227 MDRC 200 VESEY STREET NEW YORK NY 10281 PROJECT FEE 224750 SKILLS FUND LLC 402 WEST BROADWAY 20TH FLOOR SAN DIEGO CA 92101 LOAN SERVICE 178384 COMMUNITY FINANCIAL RESOURCES 4100 REDWOOD ROAD 20A-433 OAKLAND CA 94619 SERVICE PROVIDER FEE 119173 4 65663400 65663400 PROGRAM FEES 541611 5682699 5682699 OUTCOME PAYMENTS 541611 1911941 1911941 7594640 1415925 1415925 0 0 0 0 0 0 1291598 -1291598 -1291598 -1291598 0 0 0 0 0 0 0 0 0 OTHER INCOME 541611 21450 21450 21450 73403817 7616090 124327 X 0 0 228000 228000 0 1812218 1385127 413266 13825 0 11712659 8950365 2672881 89413 242753 185502 55398 1853 1343816 1029226 304407 10183 916089 700059 209037 6993 0 514448 503322 10766 360 159142 139047 19445 650 0 0 0 2416380 2181775 204993 29612 201667 182388 15503 3776 400171 332859 63084 4228 531253 411706 115677 3870 0 1114060 851345 254211 8504 368725 336316 30026 2383 0 0 447682 447682 0 151481 116981 33383 1117 95928 80909 14533 486 PROGRAM EVALUATOR (MDRC) 383491 383491 LIVING STIPEND 119173 119173 BAD DEBTS 63000 63000 MEMBERSHIP DUES 9557 7772 1727 58 61218 61218 23292911 18697263 4418337 177311 28013803 3600000 44690316 38348852 15311819 28923504 1401977 2023922 0 0 0 0 385365 3963024 0 0 313973 378210 934258 335576 439444 598682 1858317 65095910 0 0 3456307 4316021 0 0 122807 6339038 95994128 153587163 3209909 3711302 0 0 67608 2833150 0 0 0 0 0 0 0 0 7461376 7650622 190219 5859779 10929112 20054853 X 48839819 55717949 36225197 77814361 85065016 133532310 95994128 153587163 X 50110906 76878 16461 -1736951 X false true X true true true X 11479906 18715742 9805446 74358353 65663400 180022847 0 0 11479906 18715742 9805446 74358353 65663400 180022847 55032087 124990760 137961 165350 118040 36973 1415925 1874249 0 900 12689 7500 46500 21450 89039 181986135 27974873 0.68681 0.88787 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 227847 37880 189967 445297 257347 187950 261114 40349 220765 598682 0 LEASE LIABILTY 5859779 5859779 X SCHEDULE D, PART X, LINE 2: THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. SHOULD THERE BE INTEREST ON UNDERPAYMENT OF INCOME TAX, THE ORGANIZATION WOULD CLASSIFY IT AS INTEREST EXPENSE. THE ORGANIZATION WOULD CLASSIFY PENALTIES IN CONNECTION WITH UNDERPAYMENT OF INCOME TAX AS OTHER EXPENSE. THE ORGANIZATION DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, AND ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE CONSOLIDATED STATEMENT OF ACTIVITIES. true Europe (Including Iceland and Greenland) 0 0 Grantmaking 228000 0 0 0 0 228000 228000 Europe (Including Iceland and Greenland) TO DISBURSE CERTAIN GIFTS, GRANTS, CONTRIBUTIONS AND OTHER REVENUES TO SUPPORT THE ORGANIZATION'S PROGRAM ACTIVITIES. 228000 WIRE 1 false false false false false false SCHEDULE F, PART I, LINE 2: AS A FISCAL SPONSOR FOR SOCIAL FINANCE UK (SF UK). SOCIAL FINANCE HAS AGREED TO RECEIVE AND DISBURSE GRANTS IN SUPPORT OF PROJECTS OUTSIDE OF THE US THAT ALIGN WITH OUR MISSION. A FISCAL SPONSORSHIP AGREEMENT, EXECUTED BY BOTH PARTIES, ESTABLISHES THE PROCEDURE FOR MONITORING THESE GRANTS. THE AGREEMENT STATES THAT SOCIAL FINANCE RETAINS OVERSIGHT AUTHORITY TO ENSURE THAT THE FUNDS DISBURSED BY SOCIAL FINANCE TO SF UK ARE USED FOR THEIR INTENDED CHARITABLE PURPOSES, AND SOCIAL FINANCE HAS FULL ACCESS TO THE BOOKS, RECORDS, AND SENIOR MANAGEMENT AND FINANCIAL PERSONNEL OF SF UK WITH RESPECT TO THE SPONSORED ACTIVITIES, UPON REQUEST. THE TWO PARTIES HAVE AGREED TO PARTICIPATE IN REGULAR CALLS WITH DISCUSSION OF SPONSORED ACTIVITIES. PROJECT GOVERNANCE, AND COMPLIANCE WITH GRANT AGREEMENTS. AS APPROPRIATE. FINALLY, SF UK IS TO PROVIDE AN ANNUAL WRITTEN SUMMARY OF SPONSORED ACTIVITIES TO SOCIAL FINANCE TO THE EXTENT NOT COVERED BY REPORTS REQUIRED BY GRANTORS. SCHEDULE F, PART II, COLUMN (D): (A) REGION: EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORA, AUSTRIA, BELGIUM (D) PURPOSE OF GRANT: TO DISBURSE CERTAIN GIFTS, GRANTS, CONTRIBUTIONS AND OTHER REVENUE TO SUPPORT THE ORGANIZATION'S PROGRAM ACTIVITIES. X X X false false false false false false false false false TRACY PALANDJIAN CEO & CO-FOUNDER 469489 0 50050 0 1598 0 7649 0 24178 0 552964 0 0 0 MICHAEL GROSSMAN MANAGING DIRECTOR 303942 0 11344 0 2475 0 7755 0 8781 0 334297 0 0 0 NAVJEET K BAL MANAGING DIR & GENERAL COUNSEL 247365 0 24060 0 2078 0 7500 0 23720 0 304723 0 0 0 EMILY FRIEDMAN CHIEF ADMIN. OFFICER 222132 0 42990 0 1361 0 11550 0 23623 0 301656 0 0 0 JUSTIN BAKULE VP, IMPACT INVESTMENTS 194522 0 9269 0 1487 0 5500 0 23720 0 234498 0 0 0 JACOB SEGAL VP, IMPACT ADVISORY 181826 0 21970 0 6727 0 5555 0 8323 0 224401 0 0 0 ANDREW C CHEN VP, IMPACT INVESTMENTS 177617 0 16300 0 7313 0 5490 0 17561 0 224281 0 0 0 TERESA ANNE KNICKMAN PLANCHER VP, PARTNERSHIPS AND STRATEGY 175939 0 21060 0 1208 0 5490 0 9956 0 213653 0 0 0 JONATHAN S EDWARDS VP, IMPACT INVESTMENTS 158763 0 22720 0 1185 0 5370 0 24636 0 212674 0 0 0 JEFFREY N SHUMWAY MANAGING DIR. (END 7/2022) 142051 0 22055 0 1016 0 4306 0 13483 0 182911 0 0 0 FORM 990, PART I, LINE I, ORGANIZATION MISSION: PARTNERSHIPS AND INVESTMENTS THAT MEASURABLY IMPROVE LIVES. FORM 990, PART VI, SECTION B, LINE 11B: THE 990 IS REVIEWED BY SFI'S FINANCE AND LEGAL TEAM. IT IS ALSO REVIEWED AND APPROVED BY EXECUTIVE MANAGEMENT AND THE AUDIT & RISK COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C: AN ANNUAL CONFLICT OF INTEREST POLICY STATEMENT IS DISTRIBUTED TO OFFICERS, DIRECTORS, AND MEMBERS OF ANY COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS FOR COMPLETION. ANY CONFLICT WILL BE DISCUSSED WITH THE INTERESTED PERSON AND THE GOVERNING BOARD BEFORE A DECISION IS MADE AS TO THE EXISTENCE OF A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15: ALL OFFICER'S AND DIRECTOR'S COMPENSATION WILL BE APPROVED BY A DISINTERESTED BOARD OF DIRECTORS AFTER RESEARCH IS PERFORMED REGARDING SALARIES PAID FOR COMPARABLE WORK IN SIMILARLY SITUATED ORGANIZATIONS AND OTHER APPROPRIATE SALARY SURVEY INFORMATION IS CONSIDERED. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER CHANGES IN NET ASSETS OR FUND BALANCES: PROVISION FOR LOAN LOSS -$1,736,951 FORM 990 PART IX LINE 11G DESCRIPTION:INTERVENTION FEES TOTAL FEES:949168 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING TOTAL FEES:611128 FORM 990 PART IX LINE 11G DESCRIPTION:RECRUITMENT FEES & POSTINGS TOTAL FEES:306723 FORM 990 PART IX LINE 11G DESCRIPTION:PURCHASED SERVICES TOTAL FEES:181126 FORM 990 PART IX LINE 11G DESCRIPTION:ISA PROVIDER FEES TOTAL FEES:121172 FORM 990 PART IX LINE 11G DESCRIPTION:SUBCONTRACTORS TOTAL FEES:89692 FORM 990 PART IX LINE 11G DESCRIPTION:ADMINISTRATOR FEES TOTAL FEES:33967 FORM 990 PART IX LINE 11G DESCRIPTION:SERVICER FEES TOTAL FEES:31186 FORM 990 PART IX LINE 11G DESCRIPTION:PAYROLL & BENEFITS PROCESSING TOTAL FEES:28161 FORM 990 PART IX LINE 11G DESCRIPTION:TRUSTEE SERVICE FEES TOTAL FEES:18250 FORM 990 PART IX LINE 11G DESCRIPTION:SUPPORT SERVICE FEES TOTAL FEES:15000 FORM 990 PART IX LINE 11G DESCRIPTION:EVALUATOR EXPENSE TOTAL FEES:11344 FORM 990 PART IX LINE 11G DESCRIPTION:PROFESSIONAL FEES TOTAL FEES:10000 FORM 990 PART IX LINE 11G DESCRIPTION:VALUATION FEES TOTAL FEES:7500 FORM 990 PART IX LINE 11G DESCRIPTION:LOAN SERVICER FEES TOTAL FEES:1963 SF MA PATHWAYS 2016 LLC 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 384021035 EQUITY INTERE DE 0 0 SFI INC SOCIAL FINANCE MA PATHWAYS II LLC 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 320514076 EQUITY INTERE DE 0 0 SFI INC PAYOR ALLIANCE FOR VETERANS EMPLOYMENT 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 352626192 COLLECTION DE 1911941 1014055 SFI INC SOCIAL FINANCE CAREER IMPACT BOND GENERA 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 834245427 SUPPORT DE -604221 4550370 SFI INC UP FUND GP LLC 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 843158563 ASSISTANCE DE 0 464246 SFI INC SF ADVISORS LLC 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 843150850 MANAGEMENT CO DE 735000 2438971 SFI INC UP FUND INVESTMENTS LLC 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 843874868 FEEDER FUND DE 0 6993111 SFI INC AUSTIN TRAVIS COUNTY HOME INITIATIVE 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 842234412 MANAGEMENT DE 0 0 SFI INC SF CAREER IMPACT BOND MANAGING MEMBER 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 834273633 SUPPORT DE 0 0 SFI INC DREAMERS GRADUATE EDUCATION FINANCING TR 2 ATLANTIC AVENUE 5TH FLOOR bostong MA 02110 876438000 education DE 71064 6949090 SFI INC PAY IT FORWARD NJ LLC 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 872634808 EDUCATION DE 125603 9431500 NA UP FUND ACUITUS LLC 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 844506025 feeder fund DE 0 0 SFI INC UP FUND ADTC LLC 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 853074540 FEEDER FUND DE 0 0 SFI INC UP FUND ALCHEMY LLC 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 853269424 FEEDER FUND DE 0 0 SFI INC MIAMI PAY IT FORWARD FUND LLC 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 882481930 IT DE 70144 1226466 SFI INC COLORADO PAY IT FORWARD FUND LLC 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 920441496 HEALTHCARE DE 0 1454 SFI INC PAY IT FORWARD NY LLC 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 883292118 ECONOMIC MOBI DE 348 1499994 SFI INC CAREER CERTIFICATE FUND TRUST 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 886577881 ECONOMIC MOBI DE 11048 6850387 SFI INC UP FUND CRF LLC 2 ATLANTIC AVENUE 5TH FLOOR BOSTON MA 02110 880542554 FEEDER FUND DE 0 0 SFI INC MASSACHUSETTS PATHWAYS TO ECONOMIC ADVAN 2 ATLANTIC AVE BOS MA 02110 320500335 EMPLOYMENT SVCS DE SFI INC RELATED 0 0 false 0 false UP FUND LP 2 ATLANTIC AVE BOS MA 02110 843759377 CAPITAL PURCHASES DE NA N/A false true false false false false false false false false false true false false false false true false false UP FUND LP B 2040000 COST UP FUND LP L 735000 COST UP FUND LP Q 737683 COST PART III, IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS PARTNERSHIPS: NAME, ADDRESS, AND EIN OF RELATED ORGANIZATIONS: MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT 2016 LLC EIN: 32-0500335 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 UP FUND, LP EIN: 84-3759377 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110