Social Finance CT Family Stability 2016: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
Social Finance CT Family Stability 2016 (EIN 36-4829457)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-08-20
IRS object ID
201802329349300820
Schema version
2017v2.3
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)
Return2018-08-20T13:21:36-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133842744PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MBAF CPAS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1440 PARK AVE SOUTHAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364829457EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SOCIAL FINANCE CT FAMILY STABILITY 2016BusinessNameLine1Txt
Business Name Line2MANAGER INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSOCIBusinessNameControlTxt
Phone6179399900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 MILK STREET NO 1010AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNAVJEET K BALPersonNm
Person TitleTREASURERPersonTitleTxt
Phone6179399900PhoneNum
Signature2018-08-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARC TAUBPreparerPersonNm
PTINP00236664PTIN
Phone2125761400PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTRACY PALANDJIANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 MILK STREET NO 1010AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$945GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SOCIALFINANCE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTHE ORGANIZATION FURTHERS CHARITABLE PURPOSES BY LESSENING THE BURDENS OF GOVERNMENT OF THE STATE OF CONNECTICUT BY PROMOTING FAMILY STABILITY AND REDUCING FOSTER CARE UTILIZATION FOR FAMILIES IMPACTED BY PARENTAL SUBSTANCE USE. IT WILL ACCOMPLISH THESE GOALS BY PROVIDING IN-HOME ATTACHMENT-BASED PARENT-CHILD THERAPY AND CONTINGENCY MANAGEMENT SUBSTANCE USE TREATMENT DESIGNED TO SUPPORT SUBSTANCE AFFECTED FAMILIES, SUCH THAT THEY MAY THRIVE IN DRUG-FREE, SAFE AND STABLE HOMES.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$427PYInvestmentIncomeAmt
CY Investment Income$945CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$427PYTotalRevenueAmt
CY Total Revenue$945CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,113,973PYOtherExpensesAmt
CY Other Expenses$2,341,644CYOtherExpensesAmt
PY Total Expenses$1,113,973PYTotalExpensesAmt
CY Total Expenses$2,341,644CYTotalExpensesAmt
PY Revenues Less Expenses-$1,113,546PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,340,699CYRevenuesLessExpensesAmt
Total Assets BOY$2,922,216TotalAssetsBOYAmt
Total Assets EOY$6,641,171TotalAssetsEOYAmt
Total Liabilities BOY$4,035,762TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,095,416TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$1,113,546NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$3,454,245NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ORGANIZATION FURTHERS CHARITABLE PURPOSES BY LESSENING THE BURDENS OF GOVERNMENT OF THE STATE OF CONNECTICUT BY PROMOTING FAMILY STABILITY AND REDUCING FOSTER CARE UTILIZATION FOR FAMILIES IMPACTED BY PARENTAL SUBSTANCE USE. IT WILL ACCOMPLISH THESE GOALS BY PROVIDING IN-HOME ATTACHMENT-BASED PARENT-CHILD THERAPY AND CONTINGENCY MANAGEMENT SUBSTANCE USE TREATMENT DESIGNED TO SUPPORT SUBSTANCE AFFECTED FAMILIES, SUCH THAT THEY MAY THRIVE IN DRUG-FREE, SAFE AND STABLE HOMES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$642,060ExpenseAmt
DescYALE CHILD STUDY CENTER (YCSC) - FAMILY BASED RECOVERY (FBR) TEAMS: YCSC FBR TEAMS HIRED AND ONBOARDED TWO FBR CLINICIAN TEAMS TO DELIVER INTENSIVE IN-HOME CLINICAL SERVICES TO FAMILIES INVOLVED WITH THE CONNECTICUT DEPARTMENT OF CHILDREN AND FAMILIES (CT DCF) DUE TO PARENTAL SUBSTANCE USE. THESE TEAMS BEGAN DELIVERING SERVICES ON APRIL 1, 2017 AND SERVED FAMILIES LOCATED IN CT DCF REGION 2 (E.G. NEW HAVEN, MILFORD).Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$452,000ExpenseAmt
DescCOMMUNITY MENTAL HEALTH AFFILIATES (CMHA): CMHA CONTINUED DELIVERING INTENSIVE IN-HOME CLINICAL SERVICES TO FAMILIES INVOLVED WITH THE CONNECTICUT DEPARTMENT OF CHILDREN AND FAMILIES (CT DCF) DUE TO PARENTAL SUBSTANCE USE THROUGH ONE EXISTING TEAM, WHICH BEGAN DELIVERING SERVICES ON OCTOBER 1, 2016. ADDITIONALLY, CMHA HIRED AND ONBOARDED A SECOND CLINICIAN TEAM WHICH BEGAN DELIVERING SERVICES ON OCTOBER 1, 2017. BOTH OF THESE TEAMS SERVED FAMILIES LOCATED IN CT DCF REGION 5 (E.G. WATERBURY, TORRINGTON, DANBURY).Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$338,000ExpenseAmt
DescUNITED COMMUNITY & FAMILY SERVICES (UCFS): UCFS CONTINUED DELIVERING INTENSIVE IN-HOME CLINICAL SERVICES TO FAMILIES INVOLVED WITH THE CONNECTICUT DEPARTMENT OF CHILDREN AND FAMILIES (CT DCF) DUE TO PARENTAL SUBSTANCE USE THROUGH ONE EXISTING TEAM, WHICH BEGAN DELIVERING SERVICES ON OCTOBER 1, 2016. THIS TEAM SERVES FAMILIES LOCATED IN CT DCF REGION 3 (E.G. NORWICH, WILLIMANTIC, MIDDLETOWN).Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$616,234ExpenseAmt
DescYALE CHILD STUDY CENTER (YCSC) - INTERVENTION PROVIDER: YCSC INTERVENTION PROVIDER CONTINUED TO OVERSEE THE IMPLEMENTATION OF FBR ACROSS THE CT FAMILY STABILITY PROJECT'S FOUR IMPLEMENTING AGENCIES (CMHA, UCFS, CHR & YCSC). YCSC INTERVENTION PROVIDER ASSISTED IN THE HIRING AND TRAINING OF CLINICAL STAFF FOR EACH FBR TEAM, AND ENGAGED IN WEEKLY CONSULTATION TO PROVIDE CLINICAL OVERSIGHT. ADDITIONALLY, YCSC STAFF ENGAGED IN DATA INTEGRATION AND ANALYSIS WORK TO CONSOLIDATE PROGRAMMATIC INFORMATION FLOWING FROM EACH OF THE FOUR AGENCIES, AND SHARE OUT WITH THE PROJECT'S INDEPENDENT THIRD-PARTY EVALUATION TEAM AT UNIVERSITY OF CONNECTICUT.EXPENSES $282,082UNIVERSITY OF CONNECTICUT HEALTH CENTER (UCONN): UCONN ACTED AS THE INDEPENDENT THIRD-PARTY EVALUATOR FOR THE CT FAMILY STABILITY PROJECT. IN THIS ROLE, THEY PROVIDED RESEARCH ASSISTANT SERVICES IN EACH OF THE THREE CT DCF REGIONS TO SUPPORT THE ONGOING RANDOMIZED CONTROLLED TRIAL (RCT). ADDITIONALLY, THE TEAM ENGAGED IN DATA INTEGRATION AND ANALYSIS WORK TO CONSOLIDATE AND PREPARE RESEARCH STUDY INFORMATION AND REPORTING REQUIRED AS PART OF THE CT FAMILY STABILITY PROJECT.EXPENSES $220,152COMMUNITY HEALTH RESOURCES (CHR): CHR HIRED AND ONBOARDED ONE FBR CLINICIAN TEAM TO DELIVER INTENSIVE IN-HOME CLINICAL SERVICES TO FAMILIES INVOLVED WITH THE CONNECTICUT DEPARTMENT OF CHILDREN AND FAMILIES (CT DCF) DUE TO PARENTAL SUBSTANCE USE. THIS TEAM BEGAN DELIVERING SERVICES ON OCTOBER 1, 2017 AND SERVED FAMILIES LOCATED IN CT DCF REGION 3 (E.G. NORWICH, WILLIMANTIC, MIDDLETOWN).EXPENSES $114,000Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$616,234TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$2,048,294TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
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 Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
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 With Officer EntYes (1)BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
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
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
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 CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAZIE MCLEODBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6179399900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 MILK STREET 1010AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
TRACY PALANDJIAN
PRESIDENT2.0040.00Yes (X)Yes (X)$0$205,905$27,895
LARA METCALF
TREASURER2.0040.00Yes (X)Yes (X)$0$198,212$5,466
CASEY LITTLEFIELD
SECRETARY2.0040.00Yes (X)Yes (X)$0$140,544$11,651
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$544,661TotReportableCompRltdOrgAmt
Total Other Compensation$45,012TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
YALE CHILD STUDY CENTER
230 S FRONTAGE ROADNEW HAVENCT06519PROGRAM SERVICES$924,142
COMMUNITY MENTAL HEALTH AFFILIATES
270 JOHN DOWNEY DRNEW BRITAINCT06051PROGRAM SERVICES$452,000
UNITED COMMUNITY & FAMILY SERVICES
34 EAST TOWN STREETNORWICHCT06360PROGRAM SERVICES$338,000
UNIVERSITY OF CONNECTICUT
195 FARMINGTON AVE SUITE 2040FARMINGTONCT06032EVALUATION SERVICES$220,152
COMMUNITY HEALTH RESOURCES
995 DAY HILL ROADWINDSORCT06095PROGRAM SERVICES$114,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$945TotalRevenueColumnAmt
Exclusion$945ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$945TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$945ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$120,000TotalAmt
Management And General$120,000ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$16,000TotalAmt
Management And General$16,000ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$129,644TotalAmt
Management And General$129,644ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,500TotalAmt
Management And General$4,500ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PROGRAM FEES$2,048,294$2,048,294
OTHER FEES$23,206$23,206

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,341,644TotalAmt
Program Services$2,048,294ProgramServicesAmt
Management And General$293,350ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$397,804BOYAmt
EOY$212,855EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$223,985BOYAmt
EOY$475,074EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,300,427BOYAmt
EOY$5,953,242EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,922,216BOYAmt
EOY$6,641,171EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$205,250BOYAmt
EOY$27,319EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$2,300,000BOYAmt
EOY$5,951,870EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,507,274BOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$3,802,152EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,238BOYAmt
EOY$314,075EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,035,762BOYAmt
EOY$10,095,416EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$1,113,546BOYAmt
EOY-$3,454,245EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$1,113,546BOYAmt
EOY-$3,454,245EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,922,216BOYAmt
EOY$6,641,171EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,340,699ReconcilationRevenueExpnssAmt
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)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Public Support Total170$0PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$427CurrentTaxYearMinus1YearAmt
Current Tax Year$945CurrentTaxYearAmt
Total$1,372TotalAmt
FieldValueIRS element (for citing)
Total Support$1,372TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescCT ESCROWDesc
Book Value$5,953,242BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$5,953,242TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO RELATED PARTY$166,193
INTEREST PAYABLE$147,882
FieldValueIRS element (for citing)
Total Liability$314,075TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$9,543,250TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$20,963DonatedServicesAndUseFcltsAmt
Other Revenue$9,863,445OtherRevenueAmt
Revenue Not Reported$9,884,408RevenueNotReportedAmt
Revenue Subtotal-$341,158RevenueSubtotalAmt
Other Revenues Not Included$342,103OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$342,103RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$945TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$17,325,008TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$20,963DonatedServicesUseFcltsAmt
Other Expenses Included$15,304,504OtherExpensesIncludedAmt
Expenses Not Reported$15,325,467ExpensesNotReportedAmt
Expenses Subtotal$1,999,541ExpensesSubtotalAmt
Other Expenses Not Included$342,103OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$342,103ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,341,644TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:THE ORGANIZATION ENTERED INTO AN AGREEMENT WITH THE CONNECTICUT DEPARTMENT OF CHILDREN AND FAMILIES, A DEPARTMENT OF THE STATE OF CONNECTICUT ("THE AGENCY"), IN WHICH THE ORGANIZATION RECEIVES DEPOSITS FOR PURPOSES OF EITHER TRANSFERRING OUTCOME PAYMENTS TO SOCIAL FINANCE CT FAMILY STABILITY 2016 LLC OR RETURNING FUNDS TO THE AGENCY, IN ACCORDANCE WITH THE INTERMEDIARY AGREEMENT. IN ACCORDANCE WITH THE INTERMEDIARY AGREEMENT, FUNDS WERE DEPOSITED INTO AN ESCROW WHICH, INCLUDING ACCUMULATED INTEREST, HAD A TOTAL BALANCE OF $5,953,242 AT DECEMBER 31, 2017. THESE OUTCOME PAYMENTS ARE DEFERRED, BECAUSE THEY ARE CONTINGENT ON THE SATISFACTION OF CERTAIN PERFORMANCE TARGETS WHICH MAY OR MAY NOT BE ACHIEVED. THE FIRST RELEASE OF FUNDS WILL OCCUR, IF AT ALL, ON OR AROUND JUNE 1, 2018.
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 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 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, STATE, OR LOCAL INCOME TAX EXAMINATIONS FOR YEARS BEFORE 2014.
PART XI, LINE 2D - OTHER ADJUSTMENTS:REVENUES REPORTED ON SOCIAL FINANCE, INC. 8,477,881. REVENUES REPORTED ON MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT 2016 LLC 389,600. REVENUES REPORTED ON SF MA PATHWAYS 2016 LLC 900,000. REVENUES REPORTED ON SOCIAL FINANCE MA PATHWAYS II LLC 80,952. REV REPORTED ON SOCIAL FINANCE VENTURA COUNTY PROJECT TO SUPPORT REENTRY LLC 15,012.
PART XI, LINE 4B - OTHER ADJUSTMENTS:MANAGEMENT FEES 342,103.
PART XII, LINE 2D - OTHER ADJUSTMENTS:EXPENSES REPORTED ON SOCIAL FINANCE, INC. 7,824,990. EXPENSES REPORTED ON SOCIAL FINANCE NY STATE WORKFORCE RE-ENTRY 2013 LLC 2,283,813. EXPENSES REPORTED ON MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT 2016 LLC 4,929,011. EXPENSES REPORTED ON SF MA PATHWAYS 2016 LLC 40. EXPENSES REPORTED ON SOCIAL FINANCE MA PATHWAYS II LLC 4,436. EXP REPORTED ON SOCIAL FINANCE VENTURA COUNTY PROJECT TO SUPPORT REENTRY LLC 262,214.
PART XII, LINE 4B - OTHER ADJUSTMENTS:MANAGEMENT FEES 342,103.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
TRACY PALANDJIAN
PRESIDENT$0$188,905$0$17,000$0$0$0$5,766$0$22,129$0$233,800$0$0
LARA METCALF
TREASURER$0$182,212$0$16,000$0$0$0$5,466$0$0$0$203,678$0$0
CASEY LITTLEFIELD
SECRETARY$0$128,544$0$12,000$0$0$0$3,886$0$7,765$0$152,195$0$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SOCIAL FINANCE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionBUSINESS RELATIONSHIPRelationshipDescriptionTxt
Transaction$120,000TransactionAmt
TransactionMANAGEMENT SERVICES PROVIDED BY SOCIAL FINANCE INC.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2THE OFFICERS OF SOCIAL FINANCE CT FAMILY STABILITY 2016 LLC WORK TOGETHER AT SOCIAL FINANCE, INC. SOCIAL FINANCE CT FAMILY STABILITY 2016 LLC IS DIRECTLY CONTROLLED BY SOCIAL FINANCE CT FAMILY STABILITY 2016 MANAGER, INC.
FORM 990, PART VI, SECTION A, LINE 6SOCIAL FINANCE, INC. IS THE SOLE MEMBER AND STOCKHOLDER FOR CT MANAGER.
FORM 990, PART VI, SECTION A, LINE 7ATHE BYLAWS FOR SOCIAL FINANCE CT FAMILY STABILITY 2016 MANAGER (CT MANAGER) STATE THAT THE BOARD OF DIRECTORS OF CT MANAGER SHALL BE ELECTED BY THE STOCKHOLDERS. SOCIAL FINANCE, INC. IS THE SOLE MEMBER AND STOCKHOLDER FOR CT MANAGER.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM IS REVIEWED BY THE BOARD, THEN VIEWED BY SENIOR MANAGEMENT OF SOCIAL FINANCE INC. BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CAN 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 C, LINE 19THE 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

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1SOCIAL FINANCE CT FAMILY STABILITY 2016 LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 MILK STREET 1010AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd
FieldValueIRS element (for citing)
EIN300936837EIN
Primary ActivitiesPROMOTE FAMILY STABILITY AND REDUCE FOSTER CARE UTILIZATION FOR FAMILIESPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Total Income$20,963TotalIncomeAmt
End Of Year Assets$687,929EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1SOCIAL FINANCE CT FAMILY STABILITY 2016 MANAGER INCBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1SOCIAL FINANCE INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 MILK STREET 1010AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd
FieldValueIRS element (for citing)
EIN274620963EIN
Primary ActivitiesMOBILIZE CAPITAL TO DRIVE SOCIAL PROGRESS.PrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NONEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerInd
SOCIAL FINANCE NY STATE WORKFORCE RE-ENTRY 2013 LLC
10 MILK STREET 1010BOSTONMA02108463851533REDUCE RECIDIVISM AND INCREASE EMPLOYMENT OF THE FORMERLY INCARCERATEDDESOCIAL FINANCE NY STATE WORKFORCE RE-ENTRY 2013 MANAGER INC00
MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT 2016 LLC
10 MILK STREET 1010BOSTONMA02108320500335INCREASE EDUCATION AND EMPLOYMENT ATTAINMENT FOR ADULT RECENT IMMIGRANTSDESOCIAL FINANCE INC00

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
SOCIAL FINANCE NY STATE WORKFORCE RE-ENTRY 2013 MANAGER INC
10 MILK STREET 1010BOSTONMA02108371742609REDUCE RECIDIVISM AND INCREASE EMPLOYMENT OF THE FORMERLY INCARCERATED.DESOCIAL FINANCE INCCYes (1)
SOCIAL FINANCE DC TEEN PREGNANCY PREVENTION & EDUCATION ATTAINMENT 2014 MGR
10 MILK STREET 1010BOSTONMA02108472268563PREVENT TEEN PREGNANCY AND INCREASE EDUCATIONAL ATTAINMENT.DESOCIAL FINANCE INCCYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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