Fund For Social Impact
- Assets
- $288.0k
- Revenue
- $69.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- Data as of
- 12/2021
- EIN
- 84-2888375
Organization Overview
Fund For Social Impact, operating under the name Social Impact Action Fund, is located in Little Rock, AR. According to its NTEE Classification (R40) the organization is classified as: Voter Education & Registration, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Impact Action Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Social Impact Action Fund generated $69.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (34.8%) each year. All expenses for the organization totaled $390.9k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE, TEACH, ORGANIZE AND COMMUNICATE TO INDIVIDUALS THE IMPORTANT SOCIAL ISSUES THAT CONFRONT THEIR DAILY LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOKE VOTE INITIATVE
POWAR PACT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tristan Wilkerson Director | OfficerTrustee | 40 | $0 |
Dejuanna Thompson Director | OfficerTrustee | 40 | $0 |
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 | $69,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,000 |
| Total Program Service Revenue | $0 |
| Investment income | $21 |
| 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 | $69,021 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $375,084 |
| Fees for services: Legal | $3,260 |
| Fees for services: Accounting | $6,851 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,510 |
| Advertising and promotion | $6 |
| Office expenses | $3,235 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $390,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,481 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $234,500 |
| 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 | $287,981 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $287,981 |
| Total liabilities and net assets/fund balances | $287,981 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fund For Social Impact has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Groundswell Action Fund San Francisco, CA PURPOSE: Program Support | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First Liberty Institute Plano, TX | $15,201,181 | $18,813,950 |
Jolt Initiative Austin, TX | $2,310,398 | $1,716,414 |
Reform Austin Inc Austin, TX | $732,861 | $1,314,000 |
Civic Tn Nashville, TN | $264,009 | $1,061,172 |
Progress Texas Institute Austin, TX | $0 | $952,190 |
Mississippi Votes Jackson, MS | $769,939 | $1,340,946 |
Missouri Organizing And Voter Engagement Collaborative St Louis, MO | $1,678,519 | $859,836 |
Jonathan Project Inc Springfield, MO | $951 | $478,535 |
League Of Women Voters Of Texas Education Fund Austin, TX | $37,013 | $60,874 |
Capital Of Texas Media Foundation Austin, TX | $119,637 | $450,078 |
Southwest Voter Registration Education Project Inc San Antonio, TX | -$5,407 | $308,221 |
Fund For Social Impact Little Rock, AR | $287,981 | $69,021 |