Confluence Philanthropy Inc
- Assets
- $2.6m
- Revenue
- $2.4m
- Investments
- $35.9k
- Employees
- 11
- Location
- New York, NY
- Founding
- 02/2011
- Data as of
- 06/2023
- EIN
- 27-3018135
Organization Overview
Confluence Philanthropy Inc is located in New York, NY. The organization was established in 2011. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2023, Confluence Philanthropy Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Confluence Philanthropy Inc 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 06/2023, Confluence Philanthropy Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $2.3m during the year ending 06/2023. While expenses have increased by 14.9% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONFLUENCE PHILANTHROPY'S MISSION IS TO TRANSFORM THE PRACTICE OF INVESTING BY ALIGNING CAPITAL WITH OUR COMMUNITY'S VALUES OF SUSTAINABILITY, EQUITY, AND JUSTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO INCREASE MISSION RELATED INVESTING AMONG CHARITABLE FOUNDATIONS AND NON-PROFIT ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Lanza CEO | OfficerTrustee | 40 | $243,799 |
Stacey Faella Treasurer | Trustee | 0.5 | $0 |
Ivan Frishberg Chair | Trustee | 0.5 | $0 |
Kathleen Simpson Vice Chair | Trustee | 0.5 | $0 |
Greg Ratliff Board Member | Trustee | 0.5 | $0 |
Bob Bancroft Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,034,225 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $890,345 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,924,570 |
| Total Program Service Revenue | $396,367 |
| Investment income | $53,429 |
| 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 | $2,376,299 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $464,356 |
| Compensation of current officers, directors, key employees. | $76,730 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $725,183 |
| Pension plan accruals and contributions | $32,960 |
| Other employee benefits | $89,150 |
| Payroll taxes | $82,718 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,300 |
| Fees for services: Accounting | $195,538 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $184,825 |
| Advertising and promotion | $0 |
| Office expenses | $22,234 |
| Information technology | $33,317 |
| Royalties | $0 |
| Occupancy | $44,633 |
| Travel | $31,550 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $341,877 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,408 |
| Insurance | $5,890 |
| All other expenses | $10,868 |
| Total functional expenses | $2,278,807 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,009 |
| Savings and temporary cash investments | $2,119,009 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $189,426 |
| 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 | $6,719 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $35,928 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,000 |
| Total assets | $2,635,091 |
| Accounts payable and accrued expenses | $375,690 |
| 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 | $0 |
| Other liabilities | $750 |
| Total liabilities | $376,440 |
| Net assets without donor restrictions | $2,124,275 |
| Net assets with donor restrictions | $134,376 |
| 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 | $2,635,091 |