Social Progess Imperative Inc
- Assets
- $585.9k
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 5
- Location
- Washington, DC
- Founding
- 05/2012
- Data as of
- 12/2022
- 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 12/2022, Social Progess Imperative Inc employed 5 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 12/2022, Social Progess Imperative Inc generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. 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
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
GLOBAL RESEARCH AND COMMUNICATIONS: ACTIVITIES ASSOCIATED WITH DEVELOPING AND ANALYZING THE SOCIAL PROGRESS INDEX AND OTHER DATA-DRIVEN GLOBAL RESEARCH, AND ENGAGING LEADERS AROUND THE WORLD TO BETTER UNDERSTAND AND UTILIZE THIS EVIDENCE-BASED INSIGHT.
INSIGHTS AND PARTNERSHIPS: ACTIVITIES ASSOCIATED WITH LEADING AND SUPPORTING THE DEVELOPMENT OF TOOLS AND PARTNERSHIPS TO DELIVER CRITICAL INSIGHTS AND ACTIONS TO ADVANCE SOCIAL PROGRESS OUTCOMES AT NATIONAL AND SUBNATIONAL LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Cruickshank Chair | OfficerTrustee | 8 | $0 |
Sally Osberg Vice Chair | OfficerTrustee | 8 | $0 |
Matthew Bishop Member | Trustee | 5 | $0 |
Rina Kupferschmid-Rojas Member | Trustee | 5 | $0 |
Oki Matsumoto Member | Trustee | 5 | $0 |
Sharon Thorne Member | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cultivate Partners Developing/building Strategic Relationsh | 12/30/16 | $128,382 |
Strategic Advisors Strategy Development For The Spi | 12/30/16 | $140,000 |
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 | $2,038,379 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,038,379 |
| Total Program Service Revenue | $652,771 |
| Investment income | $43 |
| 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 | $2,694,308 |
| 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. | $458,426 |
| Compensation of current officers, directors, key employees. | $15,293 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $316,729 |
| Pension plan accruals and contributions | $11,120 |
| Other employee benefits | $6,894 |
| Payroll taxes | $74,629 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $185 |
| Fees for services: Accounting | $58,079 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,003,613 |
| Advertising and promotion | $0 |
| Office expenses | $22,815 |
| Information technology | $111,810 |
| Royalties | $0 |
| Occupancy | $4,176 |
| Travel | $59,376 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $343 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,512 |
| Insurance | $4,603 |
| All other expenses | $54,540 |
| Total functional expenses | $2,206,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $361,936 |
| Savings and temporary cash investments | $202,507 |
| 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 | $17,590 |
| Net Land, buildings, and equipment | $3,851 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $585,884 |
| Accounts payable and accrued expenses | $44,675 |
| 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 | $0 |
| Total liabilities | $44,675 |
| Net assets without donor restrictions | $171,005 |
| Net assets with donor restrictions | $370,204 |
| 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 | $585,884 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cpwr The Center For Construction Research And Training Silver Spring, MD | $10,981,361 | $17,330,296 |
Research America Arlington, VA | $11,946,167 | $6,997,174 |
Nrf Foundation Washington, DC | $21,772,767 | $9,275,963 |
American Studies Center Arlington, VA | $5,982,832 | $7,167,150 |
People United For Privacy Foundation Washington, DC | $1,076,723 | $2,397,453 |
Social Progess Imperative Inc Washington, DC | $585,884 | $2,694,308 |
Association For Clinical And Translational Science Washington, DC | $1,860,752 | $1,464,811 |
The Institute For Global Environmental Strategies Inc Arlington, VA | $188,805 | $1,172,190 |
National Center For Health Research Incorporated Washington, DC | $767,590 | $317,127 |
Fair Share Inc Washington, DC | $2,860,112 | $22,500 |
Virginia Civics Education Incorporated Culpeper, VA | $114,986 | $200,542 |
Genesis Institute Washington, DC | $350,855 | $0 |