Companies For Causes
- Assets
- $626.4k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 6
- Location
- Washington, DC
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 27-2808532
Organization Overview
Companies For Causes is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2022, Companies For Causes employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Companies For Causes is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Companies For Causes generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 64.2% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 38.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MOVE COMMUNITY INVOLVEMENT FROM GOOD INTENTIONS TO STRATEGIC IMPACT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPACT FINANCE CENTER: IMPACT FINANCE CENTER IS MULTI-UNIVERSITY NONPROFIT ACADEMIC CENTER THAT IDENTIFIES, TRAINS, AND ACTIVATES PHILANTHROPISTS AND INVESTORS TO BECOME IMPACT INVESTORS.
CAMPAIGN VERIFY IS A NONPROFIT ORGANIZATION WHOSE MISSION IS TO PRESERVE TRUST IN OUR ELECTIONS. IT WAS FORMED IN COLLABORATION WITH U.S. WIRELESS CARRIERS.
TACTIVATE OPERATIONS: UKRAINEFOR THE PAST FOURTEEN YEARS, TACTIVATE HAS WORKED AT THE INTERSECTION OF THE MILITARY SPECIAL OPERATIONS VETERAN, DISASTER RESPONSE, AND ENTREPRENEURIAL COMMUNITIES TO CREATE A CAPABILITY CALLED EXPEDITIONARY ENTREPRENEURSHIP. THIS INVOLVES COMBINING MILITARY, HUMANITARIAN AND ENTREPRENEURIAL TOOLSETS TO CREATIVELY SOLVE LOGISTICALLY COMPLEX AND CULTURALLY CHARGED ISSUES AROUND THE WORLD. TACTIVATE HAS BEEN ON THE GROUND OPERATING IN AND AROUND UKRAINE SINCE FEBRUARY 27TH, 2022. AS TIME EVOLVED, TACTIVATE WAS RETAINED BY A LARGE INTERNATIONAL FIRM TO PROVIDE CRISIS RESPONSE ADVISORY AND SUPPORT TO THE 5,000 UKRAINIAN EMPLOYEES AND FAMILY MEMBERS OF ITS UKRAINIAN BASED BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Weedon Executive Director | Trustee | 10 | $0 |
Thomas J Raffa President/secretary | OfficerTrustee | 5 | $0 |
Anthony Raffa Vp/treasurer | OfficerTrustee | 5 | $0 |
Anna Quint Executive Director, Campaign Verify | 30 | $105,259 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $150,391 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,552,891 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,703,282 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,703,282 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $434,106 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,254 |
| Payroll taxes | $36,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,639 |
| Fees for services: Accounting | $31,351 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $226,844 |
| Advertising and promotion | $47,969 |
| Office expenses | $26,495 |
| Information technology | $48,069 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $71,140 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,687 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $302 |
| All other expenses | $0 |
| Total functional expenses | $1,352,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $626,427 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $626,427 |
| Accounts payable and accrued expenses | $2,980 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $75,000 |
| Other liabilities | $0 |
| Total liabilities | $77,980 |
| Net assets without donor restrictions | -$72,235 |
| Net assets with donor restrictions | $620,682 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $626,427 |
Grants Awarded
Over the last fiscal year, Companies For Causes has awarded $189,894 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AZ ENGINEERING PURPOSE: CHARITABLE | $79,804 |
SOLAR RESPONDERS PURPOSE: CHARITABLE | $110,090 |