Social Progess Imperative Inc
- Assets
- $546.3k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 10
- Location
- Washington, DC
- Founding
- 05/2012
- Data as of
- 12/2020
- EIN
- 36-4701434
Organization Overview
Social Progess Imperative Inc is located in Washington, DC. The organization was established in 2012. According to its NTEE Classification (V99) the organization is classified as: Social Science N.E.C., under the broad grouping of Social Science and related organizations. As of 12/2020, Social Progess Imperative Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Progess Imperative 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 12/2020, Social Progess Imperative Inc generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
A WORLD IN WHICH SOCIAL PROGRESS SITS ALONGSIDE ECONOMIC PROSPERITY AS A MEASURE OF DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVIDENCE & INSIGHT: ACTIVITIES ASSOCIATED WITH COLLECTING DATA FOR THE SOCIAL PROGRESS INDEX AND ANALYZING THE RESULTS.
GLOBAL NETWORK: ACTIVITIES ASSOCIATED WITH FORMING AND SUPPORTING A NETWORK OF ORGANIZATIONS THROUGHOUT THE WORLD COMMITTED TO USING THE SOCIAL PROGRESS INDEX AS A POLICY ANALYSIS AND ADVOCACY TOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Green CEO | Officer | 50 | $250,000 |
Luke Greeves COO | Officer | 50 | $201,552 |
Petra Krylova Partner Research Director | 40 | $124,800 | |
Justin Edwards Director, North America | 40 | $124,800 | |
David Cruickshank Chair | OfficerTrustee | 8 | $0 |
Sally Osberg Vice Chair | OfficerTrustee | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Strategic Advisors Strategy Development For The Spi | 12/30/16 | $140,000 |
Cultivate Partners Developing/building Strategic Relationsh | 12/30/16 | $128,382 |
Waldren Hr Executive Search; Multiple Positions | 12/30/16 | $106,333 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,507,017 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,507,017 |
| Total Program Service Revenue | $419,263 |
| Investment income | $18 |
| 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 | $1,927,377 |
| 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. | $537,863 |
| Compensation of current officers, directors, key employees. | $18,760 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $597,152 |
| Pension plan accruals and contributions | $18,569 |
| Other employee benefits | $43,178 |
| Payroll taxes | $44,605 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25 |
| Fees for services: Accounting | $53,708 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $359,642 |
| Advertising and promotion | $0 |
| Office expenses | $30,621 |
| Information technology | $23,215 |
| Royalties | $0 |
| Occupancy | $4,587 |
| Travel | $28,148 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,134 |
| Insurance | $3,762 |
| All other expenses | $0 |
| Total functional expenses | $1,782,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $134,573 |
| Savings and temporary cash investments | $351,467 |
| 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 | $12,704 |
| Net Land, buildings, and equipment | $47,556 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $546,300 |
| Accounts payable and accrued expenses | $15,592 |
| 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 | $119,500 |
| Other liabilities | $0 |
| Total liabilities | $135,092 |
| Net assets without donor restrictions | $89,826 |
| Net assets with donor restrictions | $321,382 |
| 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 | $546,300 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Social Progess Imperative Inc has recieved totaling $129,100.
| Awarding Organization | Amount |
|---|---|
Skoll Foundation Palo Alto, CA PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $29,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cpwr The Center For Construction Research And Training Silver Spring, MD | $10,704,322 | $15,767,694 |
American Studies Center Arlington, VA | $2,613,451 | $7,660,485 |
Research America Arlington, VA | $11,908,481 | $10,350,704 |
Nrf Foundation Washington, DC | $13,745,201 | $4,428,251 |
Social Progess Imperative Inc Washington, DC | $546,300 | $1,927,377 |
The Institute For Global Environmental Strategies Inc Arlington, VA | $264,685 | $1,432,598 |
People United For Privacy Foundation Washington, DC | $737,831 | $1,793,254 |
Fair Share Inc Washington, DC | $3,216,726 | $56,960 |
Association For Clinical And Translational Science Washington, DC | $1,341,314 | $997,017 |
National Center For Health Research Incorporated Washington, DC | $1,163,401 | $1,055,773 |
Virginia Civics Education Incorporated Culpeper, VA | $65,141 | $0 |
Genesis Institute Washington, DC | $350,855 | $0 |