Form 990 for tax year 2022

Totals

Total revenue

$2,216,837

Total expenses

$1,884,327

Contributions and grants received

$2,208,039

Grants paid

$425,000

Program service revenue

$0

Investment income

$8,798

Other revenue

$0

Total assets, end of year

$1,355,964

Total liabilities, end of year

$24,529

Net assets or fund balances, end of year

$1,331,435

Program services expenses (Part IX)

$1,676,115

Management and general expenses

$135,447

Fundraising expenses

$72,765

Program service expenses (Part III)

$1,676,115

Program services were 89.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• Social Venture Partners Connecticut, Inc. (SVP) works with nonprofit organizations, state government, and the private sector to build more equitable and effective workforce development and early child care and education systems. SVP supports the development and execution of comprehensive strategies and initiatives in these areas to support underserved populations in Connecticut.Some key accomplishments include supporting the development and execution of Connecticut's workforce development strategic plan and the State's early childhood eduction Blue Ribbon plan. We have also worked with over 30 nonprofit organizations to help them scale and enhance their programs through providing thousands of volunteer hours of capacity building support.

  Expenses $1,676,115 · Grants $425,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• State of Connecticut

  $300,000

  Support of COVID 19 mitigation and recovery advisors

• Connecticut Network for Children and Youth

  $25,000

  General operating support

• ReadyCT

  $25,000

  General operating support

• Girls for Technology

  $25,000

  General operating support

• Thames Valley Council for Community Action

  $25,000

  General operating support

• Hispanic Coalition of Greater Waterbury Inc

  $20,000

  General operating support

Provenance

Return type

form_990

Tax year

2022

Filed

8 May 2024

IRS schema version

2022v5.0

Source object

202431309349305038

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