Social Current Inc
- Assets
- $25.7m
- Revenue
- $12.6m
- Investments
- $0.0
- Employees
- 89
- Location
- Milwaukee, WI
- Founding
- 06/1992
- Data as of
- 12/2022
- EIN
- 39-1709925
Organization Overview
Social Current Inc is located in Milwaukee, WI. The organization was established in 1992. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2022, Social Current Inc employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Current 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 Current Inc generated $12.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $13.7m during the year ending 12/2022. While expenses have increased by 5.3% 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.
Since 2015, Social Current Inc has awarded 382 individual grants totaling $4,673,407. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL CURRENT'S MAIN PROGRAM IS COA ACCREDITATION. THE ACCREDITATION PROCESS IS AN INDEPENDENT, OBJECTIVE AND RELIABLE VERIFICATION THAT ORGANIZATIONS AND PROGRAMS QUALIFY FOR THE CONFIDENCE AND SUPPORT OF THEIR STAKEHOLDERS. IT INVOLVES A DETAILED REVIEW AND ANALYSIS OF AN ORGANIZATION'S OR PROGRAM'S ADMINISTRATIVE FUNCTIONS AND SERVICE DELIVERY PRACTICES. ALL ARE MEASURED AGAINST INTERNATIONAL STANDARDS OF BEST PRACTICE. SOCIAL CURRENT ACCREDITED 365 ORGANIZATIONS IN 2022.SOCIAL CURRENT'S COA ACCREDITATION ACCREDITED 266 ORGANIZATIONS UNDER ITS 8TH EDITION STANDARDS, 11 ORGANIZATIONS UNDER ITS PUBLIC STANDARDS AND 88 ORGANIZATIONS UNDER ITS CHILD AND YOUTH DEVELOPMENT PROGRAMS. COA ACCREDITATION CONDUCTED 432 SITE VISITS INCLUDING 305 8TH EDITION REVIEWS, 10 PUBLIC REVIEWS, 115 CHILD AND YOUTH DEVELOPMENT REVIEWS AND 2 MILITARY REVIEWS. IN 2022 COA ACCREDITATION MADE 335 UPDATES TO EXISTING. STANDARD SECTIONS.
GRANTS AND DONATIONS ARE USED TO SUPPORT SOCIAL CURRENT'S WORK IN CHILD, FAMILY, AND COMMUNITY WELL-BEING TO TRANSFORM SYSTEMS AND ORGANIZATIONS THAT INTERFACE WITH CHILDREN AND FAMILIES AND ACTIVITIES THAT EQUIP POLICYMAKERS, PRACTITIONERS, AND ADVOCATES WITH THE TOOLS THEY NEED TO FUNDAMENTALLY REFORM CHILD WELFARE TO WORKING TO REDUCE CHILD ABUSE AND NEGLECT FATALITIES. THE FUNDS ALSO SUPPORT EQUITY, DIVERSITY, AND INCLUSION EFFORTS FOCUSED ON BUILDING ORGANIZATIONAL CAPACITY FOR EDI. FUNDS ALSO SUPPORT OUR WORK IN WORKFORCE RESILIENCE AND BRAIN SCIENCE TO ADVANCE UNDERSTANDING OF BRAIN-AWARE PERSPECTIVES AND STAY REGULATED, BUILD PSYCHOLOGICAL SAFETY, PRIORITIZE POSITIVE WORKPLACE CULTURE, AND INCREASE CONNECTION.
SPARK AND ENGAGEMENT PACKAGES: SPARK UNITES PRACTICE EXCELLENCE, INNOVATION, AND FEDERAL POLICY ADVOCACY TO ADVANCE OUR SECTOR'S IMPACT AND HELP ALL FAMILIES AND COMMUNTIES THRIVE. THIS IN-PERSON EVENT WILL ELEVATE IMPORTANT CONVERSATIONS AROUND OUR MOST VEXING CHALLENGES AND SHOWCASE INSIGHT AND EXPERTISE FROM THE FIELD. THIS EVENT IS DESIGNED FOR LEADERS WHO ARE FUELED BY A COMMITMENT TO ADVANCE EQUITY AND IMPROVE THE WELL-BEING OF ALL PEOPLE. TOGETHER, WE WILL SHARE INSPIRATION AND PRACTICE TOOLS FOR IMPLEMENTING INNOVATIVE PRACTICE, POLICY, AND RESEARCH. ENGAGEMENT PACKAGES PROVIDE ACCESS TO A HOST OF TOOLS, RESOURCES, LEARNING, AND NETWORKING OPPORTUNITIES INCLUDING SPARK EXCHANGE GROUPS (PEER TO PEER NETWORKING, A KNOWLEDGE, AND INSIGHTS CENTER (LIBRARY AND RESEARCH LIBRARIAN SERVICES), AND A RANGE OF WEBINARS AND SELF-PACED TRAININGS IN AREAS THAT SUPPORT THE IMPLEMENTATION OF BEST PRACTICES. WE ALSO REPRESENT THE POLICY INTERESTS OF THE NETWORK TO FEDERAL AND STATE LEGISLATURES AND EXECUTIVE BRANCHES AND DEPARTMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annette Rodriguez Chair | OfficerTrustee | 1 | $0 |
Gary Blau Vice-Chair | OfficerTrustee | 1 | $0 |
Debora Matthews Treasurer | OfficerTrustee | 1 | $0 |
Nancy Droesch Secretary | OfficerTrustee | 1 | $0 |
Ralph Bayard Director | Trustee | 1 | $0 |
Father Steven Boes Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Presence Product Group Llc Saleforce Maint. & Upgrade Services | 12/30/22 | $235,366 |
Chan Hellman Llc Grant Technical Assistance | 12/30/22 | $151,074 |
Jennifer Devlin Consulting Llc Marketing & Public Relations | 12/30/22 | $111,162 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $648,843 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,098,111 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,746,954 |
| Total Program Service Revenue | $9,176,051 |
| Investment income | $403,556 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $270,750 |
| Net Gain/Loss on Asset Sales | -$36,805 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,641,147 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $785,423 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $29,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $814,551 |
| Compensation of current officers, directors, key employees. | $319,248 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,327,608 |
| Pension plan accruals and contributions | $203,688 |
| Other employee benefits | $832,145 |
| Payroll taxes | $494,584 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,620 |
| Fees for services: Accounting | $123,754 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $52,526 |
| Fees for services: Other | $985,437 |
| Advertising and promotion | $171,464 |
| Office expenses | $108,729 |
| Information technology | $105,098 |
| Royalties | $0 |
| Occupancy | $714,772 |
| Travel | $164,342 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $349,049 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $153,024 |
| Insurance | $71,400 |
| All other expenses | $214,492 |
| Total functional expenses | $13,712,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $929,098 |
| Savings and temporary cash investments | $242,409 |
| Pledges and grants receivable | $186,144 |
| Accounts receivable, net | $1,569,490 |
| 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 | $203,432 |
| Net Land, buildings, and equipment | $601,812 |
| Investments—publicly traded securities | $18,192,379 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,755,303 |
| Total assets | $25,680,067 |
| Accounts payable and accrued expenses | $901,111 |
| Grants payable | $0 |
| Deferred revenue | $5,628,190 |
| 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 | $5,215,528 |
| Total liabilities | $11,744,829 |
| Net assets without donor restrictions | $11,788,882 |
| Net assets with donor restrictions | $2,146,356 |
| 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 | $25,680,067 |
Grants Awarded
Over the last fiscal year, Social Current Inc has awarded $471,140 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
BUCKNER CHILDREN AND FAMILIES PURPOSE: ARAMARK BUILDING COMMUNITY INITIATIVE | $31,600 |
ASSOCIATION FOR THE ADVANCEMENT OF MEXICAN AMERICANS PURPOSE: CHANGE IN MIND GRANT STIPEND | $25,000 |
BASTROP COUNTY CARES PURPOSE: CHANGE IN MIND GRANT STIPEND | $25,000 |
AUSTIN PUBLIC EDUCATION FOUNDATION PURPOSE: CHANGE IN MIND GRANT STIPEND | $25,000 |
BOYS AND GIRLS CLUBS OF GREATER HOUSTON PURPOSE: CHANGE IN MIND GRANT STIPEND | $25,000 |
CHILDREN'S MUSEUM OF HOUSTON PURPOSE: CHANGE IN MIND GRANT STIPEND | $25,000 |