SOCIAL FINANCE INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SOCIAL FINANCE INC (EIN 27-4620963)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202113199349326341
- Schema version
- 2020v4.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T16:49:34-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE INTERNATIONAL PLACE | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274620963 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Social Finance Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ELIZABETH DINH | InCareOfNm |
| Business Name Control | SOCI | BusinessNameControlTxt |
| Phone | 6179399900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 Atlantic Avenue 5th Floor | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Tracy Palandjian | PersonNm |
| Person Title | President & CEO | PersonTitleTxt |
| Phone | 6179399900 | PhoneNum |
| Signature | 2021-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Tracy | PersonFirstNm |
| Person Last | Palandjian | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Brian Vigneault | PreparerPersonNm |
| PTIN | P00540650 | PTIN |
| Phone | 6174220700 | PhoneNum |
| Preparation | 2021-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | Tracy Palandjian | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 Atlantic Avenue 5th Floor | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $15,898,059 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.socialfinance.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2011 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | SOCIAL FINANCE IS A NATIONAL IMPACT FINANCE AND ADVISORY NONPROFIT. WE WORK WITH PUBLIC, PRIVATE, AND SOCIAL SECTORS TO CREATE PARTNERSHIPS AND (CONTINUED ON SCHEDULE O.) | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 79 | TotalEmployeeCnt |
| Total Volunteers | 14 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $18,715,742 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,805,446 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,815,645 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,967,073 | CYProgramServiceRevenueAmt |
| PY Investment Income | $165,350 | PYInvestmentIncomeAmt |
| CY Investment Income | $118,040 | CYInvestmentIncomeAmt |
| PY Other Revenue | $12,689 | PYOtherRevenueAmt |
| CY Other Revenue | $7,500 | CYOtherRevenueAmt |
| PY Total Revenue | $23,709,426 | PYTotalRevenueAmt |
| CY Total Revenue | $15,898,059 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,094,557 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,892,795 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,826,553 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,335,316 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $181,479 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,439,779 | PYOtherExpensesAmt |
| CY Other Expenses | $5,115,426 | CYOtherExpensesAmt |
| PY Total Expenses | $12,360,889 | PYTotalExpensesAmt |
| CY Total Expenses | $15,343,537 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $11,348,537 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $554,522 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $27,643,072 | TotalAssetsBOYAmt |
| Total Assets EOY | $30,934,940 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,621,673 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,659,147 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $23,021,399 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $23,275,793 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $7,520,698 | ExpenseAmt |
| Grant | $1,892,795 | GrantAmt |
| Revenue | $2,888,417 | RevenueAmt |
| Desc | SOCIAL INVESTMENT - AS AN INTERMEDIARY, SFI WORKS IN COLLABORATION WITH ITS PARTNERS TO DESIGN, LAUNCH, AND MANAGE PFS PROJECTS, INCLUDING GOVERNMENT AND OTHER PAYORS OF OUTCOMES ("PAYORS"), SERVICE PROVIDERS, AND IMPACT INVESTORS. THE SOCIAL INVESTMENT PROGRAM IS FOCUSED ON A RANGE OF ACTIVITIES, INCLUDING IDENTIFYING HIGH-PERFORMING SERVICE PROVIDERS, DESIGNING PROJECTS ("PFS PROJECTS"), ANALYZING PROGRAM DATA, CONDUCTING COST-BENEFIT ANALYSIS, AND DRAFTING AND EXECUTING PFS CONTRACTS. WHEN OUTSIDE CAPITAL IS REQUIRED, SFI WORKS WITH PRIVATE IMPACT INVESTORS TO RAISE THE NECESSARY CAPITAL FOR PFS PROJECTS THROUGH EITHER EQUITY OR LOAN FINANCING STRUCTURES. SFI ESTABLISHES SEPARATE AFFILIATES OR SUBSIDIARIES FOR EACH PFS PROJECT TO HOLD THE VARIOUS CONTRACTS WITH THE APPLICABLE PAYORS ("PFS CONTRACTS") AND THE INVESTORS ("EQUITY DOCUMENTS OR CREDIT AGREEMENTS") AND SERVICE PROVIDERS. INVESTOR FUNDS ARE APPLIED OVER TIME TO SUPPORT THE SERVICE DELIVERY AND OTHER COSTS OF THE PFS PROJECT. OUTCOME PAYMENTS RECEIVED BY THE APPLICABLE SFI AFFILIATE OR SUBSIDIARY UPON ACHIEVEMENT OF OUTCOMES ARE THEN REMITTED TO THE INVESTORS IN ACCORDANCE WITH THE EQUITY DOCUMENTS OR CREDIT AGREEMENTS. IF A PFS PROJECT FAILS TO MEET ONE OR MORE OUTCOMES, THE PAYOR WILL NOT BE OBLIGATED TO MAKE THE CORRESPONDING OUTCOME PAYMENTS, AND THE INVESTORS WILL NOT BE REPAID ALL OR A PORTION OF THEIR INVESTMENT. TWO SOCIAL INVESTMENT STRATEGIES EMPLOYED TO DATE INCLUDE: - SOCIAL IMPACT BONDS ("SIB"), 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 IN WHICH IMPACT INVESTOR'S INVESTMENTS COVER UPFRONT PROGRAM COSTS AND CRITICAL WRAPAROUND SERVICES FOR LOW-INCOME, UNDER SKILLED, OR UNDER EMPLOYED STUDENTS IN ORDER TO ADVANCE THEIR ECONOMIC MOBILITY. UNLIKE TRADITIONAL STUDENT LOANS, DEFERRED TUITION AGREEMENTS UNDER THE CIB PROGRAMS DO NOT HAVE PRINCIPAL AND AN INTEREST RATE, BUT RATHER LINK REPAYMENT TO OUTCOMES: STUDENTS REPAY PROGRAM COSTS AS A PERCENTAGE OF THEIR INCOME ONLY ONCE THEY GAIN MEANINGFUL EMPLOYMENT AFTER GRADUATION AND ACHIEVE THE DESIGNATED INCOME THRESHOLD. REPAYMENTS ARE CAPPED AT A CERTAIN DOLLAR AMOUNT AND DURATION. THE SOCIAL INVESTMENT TEAM MAY REMAIN ENGAGED IN A PFS PROJECT ONCE IT IS LAUNCHED THROUGH AN ONGOING PROJECT MANAGEMENT AND ACTIVE PERFORMANCE MANAGEMENT ROLE TO SUPPORT ACHIEVEMENT OF THE PFS PROJECT GOALS AND OUTCOMES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,273,654 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $3,077,330 | RevenueAmt |
| Desc | ADVISORY SERVICES - THROUGH THE ADVISORY PROGRAM, SFI PARTNERS WITH GOVERNMENTS, FOUNDATIONS, AND SERVICE PROVIDERS TO TACKLE SOCIAL CHALLENGES USING THE FULL RANGE OF PAY FOR SUCCESS STRATEGIES. SFI IDENTIFIES BEST-IN-CLASS INVENTIONS, PERFORMS RIGOROUS ANALYSES, BUILDS ECONOMIC MODELS, AND DEVELOPS CUSTOMIZED CLIENT-CENTRIC SOLUTIONS TO DRIVE MEANINGFUL, MEASURABLE RESULTS FOR COMMUNITIES IN NEED. ADVISORY WORK TO DATE HAS INCLUDED LANDSCAPE ANALYSES, FEASIBILITY STUDIES, PERFORMANCE MANAGEMENT SERVICES, AND OUTCOMES RATE CARDS. OUTCOMES RATE CARDS ARE A MENU OF OUTCOMES THAT THE GOVERNMENT SEEKS TO ACHIEVE AND THE PRICES THEY ARE WILLING TO PAY FOR EACH OUTCOME ADJUSTMENT, EITHER AS A BONUS PAYMENT TO THE SERVICE PROVIDER OR AS A CONTINGENT PORTION OF THE FEE-FOR-SERVICE PAYMENT. THEY ARE USED AS A PROCUREMENT AND CONTRACTING TOOL WITH THE ABILITY TO STANDARDIZE PERFORMANCE-BASED CONTRACTING, THROUGH PAY FOR SUCCESS, AND DRASTICALLY REDUCE THE TIME SUCH DEALS TAKE TO GET TO MARKET. ONE RATE CARD CAN RESULT IN MULTIPLE CONTRACTS WITH MULTIPLE PROVIERS, WHICH MUST DELIVER AGAINST ITS PREDETERMINED OUTCOMES AND PRIZES, RECEIVING PAYMENT ONLY WHEN THE STATED OUTCOMES ARE ACHIEVED AND PARTICIPANTS' LIVES ARE POSITIVELY IMPACTED. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $821,772 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $10,000 | RevenueAmt |
| Desc | MARKET EDUCATION - SFI WORKS TO BUILD THE PFS FIELD THROUGH RESEARCH AND PUBLICATIONS THAT SYNTHESIZE SFI'S LEARNINGS AS A PFS PRACTITIONER. 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. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $12,616,124 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (true) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 27 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 79 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH DINH | PersonNm |
| Phone | 6179399900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 ATLANTIC AVENUE 5TH FLOOR | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Tracy Palandijian | ||||||||
| President & CEO | 40.0 | 2.0 | Yes (X) | Yes (X) | $275,562 | $0 | $30,283 | |
| Jeffrey Shumway | ||||||||
| Managing Director | 40.0 | 0.0 | Yes (X) | $230,192 | $0 | $30,424 | ||
| Navjeet Bal | ||||||||
| Managing Dir & General Counsel | 40.0 | 2.0 | Yes (X) | $223,548 | $0 | $29,234 | ||
| Nirav Shah | ||||||||
| VP, Social Investment | 40.0 | 0.0 | $185,357 | $0 | $28,836 | Yes (X) | ||
| Jacob Segal | ||||||||
| VP, Advisory | 40.0 | 0.0 | $199,195 | $0 | $13,275 | Yes (X) | ||
| John Woods | ||||||||
| VP, Accounting & Finance | 40.0 | 0.0 | $178,508 | $0 | $29,344 | Yes (X) | ||
| Teresa Anne Knickman Plancher | ||||||||
| VP, Staff & Strategy | 40.0 | 0.0 | $176,607 | $0 | $21,166 | Yes (X) | ||
| Rashmi Khare | ||||||||
| VP, Social Investment | 40.0 | 0.0 | $176,214 | $0 | $13,526 | Yes (X) | ||
| Bracebridge Young Jr | ||||||||
| Chairperson & Director | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Pamela Dippel Choney | ||||||||
| Treasurer & Director | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Laurene Sperling | ||||||||
| Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Sandra Urie | ||||||||
| Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Ian Simmons | ||||||||
| Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Nancy Zimmerman | ||||||||
| Clerk & Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Karen Dynan | ||||||||
| Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Sir Ronald Mourad Cohen | ||||||||
| Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Ed Shapiro | ||||||||
| Vice Chair & Director | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Doug Henderson | ||||||||
| Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Laura Lauder | ||||||||
| Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Elizabeth Lempres | ||||||||
| Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Alexa Rachlin | ||||||||
| Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Andrew Marino | ||||||||
| Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,645,183 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $196,088 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 37 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Tuscaloosa Research Education Adv | |||||
| 3701 Loop Road East | TUSCALOOSA | AL | 35404 | VetsCare Project Fee | $611,619 |
| General Assembly Space Inc | |||||
| 902 Broadway 4th Floor | NEW YORK | NY | 10010 | CIB Project Fee | $600,000 |
| Interface Family Children Service | |||||
| 4001 Mission Oaks Blvd Ste 1 | CAMARILLO | CA | 93012 | Ventura Project Fee | $493,980 |
| Jobs for the Future | |||||
| 88 Broad Street 8th Floor | BOSTON | MA | 02110 | Consulting | $179,743 |
| Brighthive Inc | |||||
| 223 N Michigan Ave Ste 1800 | CHICAGO | IL | 60601 | CIB Development | $158,334 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,920,245 | GovernmentGrantsAmt |
| All Other Contributions | $7,885,201 | AllOtherContributionsAmt |
| Total Contributions | $9,805,446 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PROGRAM FEES | 900099 | $3,182,066 | $3,182,066 |
| VETS CARE OUTCOME PAYMENTS | 900099 | $1,698,637 | $1,698,637 |
| VENTURA OUTCOME PAYMENTS | 900099 | $1,086,370 | $1,086,370 |
| MA PATHWAYS OUTCOME PAYMENTS | 900099 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,967,073 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $118,040 | TotalRevenueColumnAmt |
| Exclusion | $118,040 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $7,500 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,500 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $7,500 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,898,059 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,974,573 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $118,040 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,418,475 | TotalAmt |
| Program Services | $1,418,475 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $474,320 | TotalAmt |
| Program Services | $474,320 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $819,243 | TotalAmt |
| Program Services | $645,218 | ProgramServicesAmt |
| Management And General | $164,470 | ManagementAndGeneralAmt |
| Fundraising | $9,555 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,005,551 | TotalAmt |
| Program Services | $4,572,519 | ProgramServicesAmt |
| Management And General | $1,366,719 | ManagementAndGeneralAmt |
| Fundraising | $66,313 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,632 | TotalAmt |
| Program Services | $138,324 | ProgramServicesAmt |
| Management And General | $35,260 | ManagementAndGeneralAmt |
| Fundraising | $2,048 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $815,331 | TotalAmt |
| Program Services | $642,137 | ProgramServicesAmt |
| Management And General | $163,685 | ManagementAndGeneralAmt |
| Fundraising | $9,509 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $519,559 | TotalAmt |
| Program Services | $409,194 | ProgramServicesAmt |
| Management And General | $104,306 | ManagementAndGeneralAmt |
| Fundraising | $6,059 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,725 | TotalAmt |
| Program Services | $36,931 | ProgramServicesAmt |
| Management And General | $7,795 | ManagementAndGeneralAmt |
| Fundraising | $3,999 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,374 | TotalAmt |
| Program Services | $53,339 | ProgramServicesAmt |
| Management And General | $11,259 | ManagementAndGeneralAmt |
| Fundraising | $5,776 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $638,260 | TotalAmt |
| Program Services | $483,763 | ProgramServicesAmt |
| Management And General | $102,110 | ManagementAndGeneralAmt |
| Fundraising | $52,387 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,311 | TotalAmt |
| Program Services | $48,315 | ProgramServicesAmt |
| Management And General | $5,914 | ManagementAndGeneralAmt |
| Fundraising | $1,082 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,849 | TotalAmt |
| Program Services | $120,503 | ProgramServicesAmt |
| Management And General | $26,908 | ManagementAndGeneralAmt |
| Fundraising | $2,438 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $267,394 | TotalAmt |
| Program Services | $212,939 | ProgramServicesAmt |
| Management And General | $51,388 | ManagementAndGeneralAmt |
| Fundraising | $3,067 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $407,646 | TotalAmt |
| Program Services | $320,978 | ProgramServicesAmt |
| Management And General | $81,910 | ManagementAndGeneralAmt |
| Fundraising | $4,758 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,921 | TotalAmt |
| Program Services | $52,669 | ProgramServicesAmt |
| Management And General | $3,800 | ManagementAndGeneralAmt |
| Fundraising | $452 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,738 | TotalAmt |
| Program Services | $38,376 | ProgramServicesAmt |
| Management And General | $9,793 | ManagementAndGeneralAmt |
| Fundraising | $569 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,588 | TotalAmt |
| Program Services | $33,443 | ProgramServicesAmt |
| Management And General | $7,468 | ManagementAndGeneralAmt |
| Fundraising | $677 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROGRAM FEES | $2,788,782 | $2,381,846 | $394,894 | $12,042 |
| SUBCONTRACTORS | $495,862 | $495,862 | ||
| ALL OTHER EXPENSES | $45,976 | $36,973 | $8,255 | $748 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,343,537 | TotalAmt |
| Program Services | $12,616,124 | ProgramServicesAmt |
| Management And General | $2,545,934 | ManagementAndGeneralAmt |
| Fundraising | $181,479 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $619,037 | BOYAmt |
| EOY | $824,122 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,494,674 | BOYAmt |
| EOY | $18,731,550 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,460,986 | BOYAmt |
| EOY | $6,888,682 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $802,850 | BOYAmt |
| EOY | $1,022,086 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $571,309 | BOYAmt |
| EOY | $476,116 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $234,108 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $151,532 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,939 | BOYAmt |
| EOY | $82,576 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,628,277 | BOYAmt |
| EOY | $2,909,808 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,643,072 | BOYAmt |
| EOY | $30,934,940 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,325,622 | BOYAmt |
| EOY | $1,438,939 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,011 | BOYAmt |
| EOY | $50,380 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,119,343 | BOYAmt |
| EOY | $5,903,839 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,697 | BOYAmt |
| EOY | $265,989 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,621,673 | BOYAmt |
| EOY | $7,659,147 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,774,184 | BOYAmt |
| EOY | $10,039,968 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,247,215 | BOYAmt |
| EOY | $13,235,825 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,021,399 | BOYAmt |
| EOY | $23,275,793 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,643,072 | BOYAmt |
| EOY | $30,934,940 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $554,522 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$300,128 | NetUnrlzdGainsLossesInvstAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,697,220 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,114,874 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,479,906 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,715,742 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,805,446 | CurrentTaxYearAmt |
| Total | $50,813,188 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,697,220 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,114,874 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,479,906 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,715,742 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,805,446 | CurrentTaxYearAmt |
| Total | $50,813,188 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $11,650,873 | SubstantialContributorsTotAmt |
| Public Support Total170 | $39,162,315 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $17,643 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $34,387 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $137,961 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $165,350 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $118,040 | CurrentTaxYearAmt |
| Total | $473,381 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $900 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,689 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,500 | CurrentTaxYearAmt |
| Total | $21,089 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $51,307,658 | TotalSupportAmt |
| Public Support CY170 | 0.76328 | PublicSupportCY170Pct |
| Public Support PY170 | 0.67160 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME 2018 AMOUNT: $ 900 2019 AMOUNT: $ 12,689 2020 AMOUNT: $ 7,500 | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $36,607 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,745 | DepreciationAmt |
| Book Value | $2,862 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $175,212 | OtherCostOrOtherBasisAmt |
| Depreciation | $104,008 | DepreciationAmt |
| Book Value | $71,204 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $22,289 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,779 | DepreciationAmt |
| Book Value | $8,510 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $82,576 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DUE FROM (TO) RELATED PARTIES | $3,070 |
| DEPOSITS | $103,049 |
| INVESTMENT IN UP FUND GP | $345,721 |
| INVESTMENT IN UP FUND LLC | $639,583 |
| INVESTMENTS IN AFFILIATES | $1,818,360 |
| INTEREST | $25 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $2,909,808 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED RENT | $6,681 |
| OTHER LIABILITIES | $258,120 |
| INTEREST PAYABLE ON CONTINGENT FEE AGREEMENTS | $1,188 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $265,989 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $30,321,634 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$300,128 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $38,756 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $14,684,947 | OtherRevenueAmt |
| Revenue Not Reported | $14,423,575 | RevenueNotReportedAmt |
| Revenue Subtotal | $15,898,059 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $15,898,059 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,585,077 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $38,756 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $5,202,784 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $5,241,540 | ExpensesNotReportedAmt |
| Expenses Subtotal | $15,343,537 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $15,343,537 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A MAXIMUM 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, 2020 AND 2019, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE CONSOLIDATED STATEMENT OF ACTIVITIES. THE ORGANIZATION IS SUBJECT TO AUDIT BY TAX AUTHORITIES. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. MANAGEMENT BELIEVES THAT ITS NONPROFIT STATUS WOULD BE SUSTAINED UPON EXAMINATION. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL OR STATE INCOME TAX EXAMINATIONS FOR YEARS BEFORE 2017. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SOCIAL FINANCE CT FAMILY STABILITY 2016 MANAGER, INC. $ 1,289 REVENUES REPORTED ON SOCIAL FINANCE CT FAMILY STABILITY 2016 LLC $ 11,164,907 REVENUES REPORTED ON MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT 2016 LLC $ 1,574,814 ELIMINATIONS $ 1,943,937 TOTAL $ 14,684,947 |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES REPORTED ON SOCIAL FINANCE CT FAMILY STABILITY 2016 LLC $ 2,502,072 EXPENSES REPORTED ON MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT 2016 LLC $ 987,460 ELIMINATIONS $ 1,713,252 TOTAL $ 5,202,784 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | Grantmaking | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $474,320 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $474,320 | SubtotalSpentAmt |
| Total Spent | $474,320 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Purpose Of Grant | TO DISBURSE CERTAIN GIFTS, GRANTS, CONTRIBUTIONS AND OTHER REVENUES TO SUPPORT THE ORGANIZATION'S PROGRAM ACTIVITIES. | PurposeOfGrantTxt |
| Cash Grant | $474,320 | CashGrantAmt |
| Manner Of Cash Disbursement | Wire | MannerOfCashDisbursementTxt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Description Of Non Cash Asst | N/A | DescriptionOfNonCashAsstTxt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3: | 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. |
| 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. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| FIDELITY INVESTMENT CHARITABLE FUND | ||||||||||
| 200 SEAPORT BLVD NCW4B | BOSTON | MA | 02110 | 110303001 | 501(C)(3) | $127,828 | $0 | FMV | N/A | SUPPORT SFI IN ITS WORK TO INCREASE THE NUMBER OF HIGH-QUALITY PAY FOR SUCCESS ("PFS") PROJECTS |
| COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON | ||||||||||
| 126 HIGH STREET | BOSTON | MA | 02110 | 042103559 | 501(C)(3) | $1,290,647 | $0 | FMV | N/A | SUPPORT SFI IN ITS WORK TO INCREASE THE NUMBER OF HIGH-QUALITY PAY FOR SUCCESS ("PFS") PROJECTS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | SOCIAL FINANCE HOLDS REGULAR CALLS WITH GRANTEES TO ENSURE ACHIEVEMENT OF GRANT GOALS AND MONITOR COMPLIANCE. ADDITIONALLY, GRANTEES MAY BE PERIODICALLY REQUIRED TO SUBMIT DETAILED FINANCIAL AND PROGRAMMATIC REPORTING. |
| PART II, LINE 1, COLUMN (H): | NAME OF ORGANIZATION OR GOVERNMENT: FIDELITY INVESTMENT CHARITABLE GIFT FUND (H) PURPOSE OF GRANT OR ASSISTANCE: SUPPORT SFI IN ITS WORK TO INCREASE THE NUMBER OF HIGH-QUALITY PAY FOR SUCCESS ("PFS") PROJECTS AND TO ENHANCE THE ABILITY OF SERVICE PROVIDERS AND GOVERNMENTS TO MORE EFFECTIVELY IMPROVE OUTCOMES ACROSS DIERSE ISSUE AREAS AND GEOGRAPHIES. NAME OF ORGANIZATION OR GOVERNMENT: COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON (H) PURPOSE OF GRANT OR ASSISTANCE: SUPPORT SFI IN ITS WORK TO INCREASE THE NUMBER OF HIGH-QUALITY PAY FOR SUCCESS ("PFS") PROJECTS AND TO ENHANCE THE ABILITY OF SERVICE PROVIDERS AND GOVERNMENTS TO MORE EFFECTIVELY IMPROVE OUTCOMES ACROSS DIVERSE ISSUE AREAS AND GEOGRAPHIES. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rashmi Khare | ||||||||||||||
| VP, Social Investment | $163,561 | $0 | $12,000 | $0 | $653 | $0 | $4,979 | $0 | $8,547 | $0 | $189,740 | $0 | $0 | $0 |
| Teresa Anne Knickman Plancher | ||||||||||||||
| VP, Staff & Strategy | $160,981 | $0 | $15,000 | $0 | $626 | $0 | $4,987 | $0 | $16,179 | $0 | $197,773 | $0 | $0 | $0 |
| John Woods | ||||||||||||||
| VP, Accounting & Finance | $164,784 | $0 | $13,000 | $0 | $724 | $0 | $5,098 | $0 | $24,246 | $0 | $207,852 | $0 | $0 | $0 |
| Nirav Shah | ||||||||||||||
| VP, Social Investment | $170,218 | $0 | $15,000 | $0 | $139 | $0 | $5,185 | $0 | $23,651 | $0 | $214,193 | $0 | $0 | $0 |
| Jacob Segal | ||||||||||||||
| VP, Advisory | $171,084 | $0 | $16,000 | $0 | $12,111 | $0 | $5,185 | $0 | $8,090 | $0 | $212,470 | $0 | $0 | $0 |
| Navjeet Bal | ||||||||||||||
| Managing Dir & General Counsel | $201,269 | $0 | $21,000 | $0 | $1,279 | $0 | $6,178 | $0 | $23,056 | $0 | $252,782 | $0 | $0 | $0 |
| Jeffrey Shumway | ||||||||||||||
| Managing Director | $202,928 | $0 | $21,000 | $0 | $6,264 | $0 | $6,178 | $0 | $24,246 | $0 | $260,616 | $0 | $0 | $0 |
| Tracy Palandijian | ||||||||||||||
| President & CEO | $244,699 | $0 | $30,000 | $0 | $863 | $0 | $7,491 | $0 | $22,792 | $0 | $305,845 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE I, ORGANIZATION MISSION: | INVESTMENTS THAT MEASURABLY IMPROVE LIVES. |
| 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 XII, LINE 2C: | THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (13 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| SOCIAL FINANCE VENTURA COUNTY PROJECT | |||||||||
| 2 ATLANTIC AVENUE 5TH FLOOR | BOSTON | MA | 02110 | 320508962 | IND REENTRY | DE | $0 | $0 | SFI INC |
| VETERANS COORDINATED APPROACHED TO RECOV | |||||||||
| 2 ATLANTIC AVENUE 5TH FLOOR | BOSTON | MA | 02110 | 611885310 | EMP REHABILIT | DE | $0 | $0 | VCMM LLC |
| VETERANS CARE MANAGING MEMBER LLC | |||||||||
| 2 ATLANTIC AVENUE 5TH FLOOR | BOSTON | MA | 02110 | 371895806 | VETS MANAGER | DE | $0 | $0 | SFI INC |
| PAYOR ALLIANCE FOR VETERANS EMPLOYMENT | |||||||||
| 2 ATLANTIC AVENUE 5TH FLOOR | BOSTON | MA | 02110 | 352626192 | COLLECTION | DE | $0 | $0 | SFI INC |
| SOCIAL FINANCE CAREER IMPACT BOND GENERA | |||||||||
| 2 ATLANTIC AVENUE 5TH FLOOR | BOSTON | MA | 02110 | 834245427 | SUPPORT | DE | $0 | $0 | SFI INC |
| UP FUND GP LLC | |||||||||
| 2 ATLANTIC AVENUE 5TH FLOOR | BOSTON | MA | 02110 | 843158563 | ASSISTANCE | DE | $0 | $0 | SFI INC |
| SF ADVISORS LLC | |||||||||
| 2 ATLANTIC AVENUE 5TH FLOOR | BOSTON | MA | 02110 | 843150850 | MANAGEMENT CO | DE | $0 | $0 | SFI INC |
| UP FUND INVESTMENTS LLC | |||||||||
| 2 ATLANTIC AVENUE 5TH FLOOR | BOSTON | MA | 02110 | 843874868 | FEEDER FUND | DE | $0 | $0 | SFI INC |
| AUSTIN TRAVIS COUNTY HOME INITIATIVE | |||||||||
| 2 ATLANTIC AVENUE 5TH FLOOR | BOSTON | MA | 02110 | 842234412 | MANAGEMENT | DE | $0 | $0 | SFI INC |
| PAYOR ALLIANCE FOR AT HOME LLC | |||||||||
| 2 ATLANTIC AVENUE 5TH FLOOR | BOSTON | MA | 02110 | 842317323 | 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 |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOCIAL FINANCE CT FAMILY STABILITY 2016 | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 ATLANTIC AVENUE 5TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364829457 | EIN |
| Primary Activities | FAM STABILITY | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SFI INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | UBI Code VUBICodeVAmt | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MASSACHUSETTS PATHWAYS TO ECONOMIC ADVAN | ||||||||||||||
| 2 ATLANTIC AVENUE 5TH FLOOR | BOSTON | MA | 02110 | 320500335 | EMPLOYMENT SVCS | DE | SFI INC | RELATED | $0 | $0 | false | $0 | Yes (true) | 0.00000 |
| UP FUND LP | ||||||||||||||
| 2 ATLANTIC AVENUE 5TH FLOOR | BOSTON | MA | 02110 | 843759377 | CAPITAL PURCHASES | DE | SFI INC | RELATED | $0 | $0 | false | $0 | false | 0.00000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, IDENTIFICATION OF DISREGARDED ENTITIES: | NAME, ADDRESS, EIN OF DISREGARDED ENTITIES: SF MA PATHWAYS 2016, LLC EIN: 38-4021035 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 SOCIAL FINANCE MA PATHWAYS II, LLC EIN: 32-0514076 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 SOCIAL FINANCE VENTURA COUNTY PROJECT TO SUPPORT REENTRY, LLC EIN: 32-0508962 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 VETERANS COORDINATED APPROACHED TO RECOVERY AND EMPLOYMENT, LLC EIN: 61-1885310 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 VETERANS CARE MANAGING MEMBER, LLC EIN: 37-1895806 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 PAYOR ALLIANCE FOR VETERANS EMPLOYMENT, LLC EIN: 35-2626192 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 SOCIAL FINANCE CAREER IMPACT BOND GENERAL ASSEMBLY, LLC EIN: 83-4245427 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 UP FUND GP, LLC EIN: 84-3158563 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 SF ADVISORS, LLC EIN: 84-3150850 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 UP FUND INVESTMENTS, LLC EIN: 84-3874868 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 AUSTIN TRAVIS COUNTY HOME INITIATIVE EIN: 84-2234412 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 PAYOR ALLIANCE FOR AT HOME LLC EIN: 84-2317323 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 SOCIAL FINANCE CAREER IMPACT BOND MANAGING MEMBER EIN: 83-4273633 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 |
| PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: | NAME, ADDRESS, AND EIN OF RELATED ORGANIZATIONS: SOCIAL FINANCE CT FAMILY STABILITY 2016 MANAGER, INC. EIN: 36-4829457 2 ATLANTIC AVENUE, 5TH FLOOR BOSTON, MA 02110 |
| 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 |
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