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Nonprofiteer
← REALIZE IMPACT

Form 990 for tax year 2022

Filed by REALIZE IMPACT.

Totals

Total revenue
$13,099,247
Total expenses
$2,030,371
Contributions and grants received
$12,238,905
Grants paid
$2,034,506
Program service revenue
$860,302
Investment income
$40
Other revenue
$0
Total assets, end of year
$18,263,663
Total liabilities, end of year
$1,474
Net assets or fund balances, end of year
$18,262,189
Program services expenses (Part IX)
$1,976,869
Management and general expenses
$53,502
Fundraising expenses
$0
Program service expenses (Part III)
$1,976,869

Program services were 97.4% 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.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $12,238,905

  • 1g · Noncash contributions included above

    $290,920

  • 2a · Program service revenue: Portfolio Returns

    total $601,397 · related or exempt $601,397

  • 2b · Program service revenue: Upfront Management & Partner Fees

    total $91,159 · related or exempt $91,159

  • 2c · Program service revenue: Zombie Returns

    total $75,643 · related or exempt $75,643

  • 2d · Program service revenue: Fiscal Sponsorship

    total $60,578 · related or exempt $60,578

  • 2e · Program service revenue: Upfront Investment Fees

    total $31,525 · related or exempt $31,525

  • 3 · Investment income

    total $40 · excluded $40

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,034,506 · program services $2,034,506

  • 5 · Compensation of officers, directors and key employees

    total $76,987 · program services $61,590 · management and general $15,397

  • 10 · Payroll taxes

    total $14,866 · program services $11,893 · management and general $2,973

  • 11b · Fees: legal

    total $20,301 · management and general $20,301

  • 12 · Advertising and promotion

    total $3,536 · management and general $3,536

  • 13 · Office expenses

    total $8,500 · program services $134 · management and general $8,366

  • 17 · Travel

    total $1,016 · management and general $1,016

  • 23 · Insurance

    total $1,216 · management and general $1,216

  • 24a · Other expenses: Bank Fees & Charges

    total $7,750 · program services $3,865 · management and general $3,885

  • 24b · Other expenses: Other Expenses

    total $593 · program services $536 · management and general $57

  • 24c · Other expenses: Meals

    total $239 · management and general $239

  • 24d · Other expenses: Taxes & Licensing

    total $149 · management and general $149

  • 24e · All other expenses

    total -$139,288 · program services -$135,655 · management and general -$3,633

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $919,528 · end of year $2,455,744

  • 2 · Savings and temporary cash investments

    beginning of year $123,130 · end of year $472,290

  • 13 · Investments: program-related

    beginning of year $6,176,953 · end of year $15,335,629

  • 17 · Accounts payable and accrued expenses

    end of year $1,474

  • 27 · Net assets without donor restrictions

    beginning of year $7,219,611 · end of year $18,192,189

  • 28 · Net assets with donor restrictions

    end of year $70,000

Mission and programs · 2022

Mission

Realize Impact is organized and operated exclusively for the charitable purposes within the meaning of Section 501(c)3 of the Internal Revenue Code, specifically to provide financial support, mentorship, and other assistance to early-stage socially-, environmentally-, health-. and community-conscious enterprises that are unable to obtain financing from conventional sources as a way to relieve poverty, create jobs, improve the health of communities and individual therein, and to improve the environment.

Activities or mission (Part I)

To provide financial support, mentorship, and other assistance to early-stage socially-, environmentally-, health-. and community-conscious enterprises that are unable to obtain financing from conventional sources as a way to relieve poverty, create jobs, improve the health of communities and individual therein, and to improve the environment.

  • Realize Impact operates a service to help individuals, community foundations, family foundations, and other nonprofit organizations donate to support Realize Impact's investments into mission-driven, impact-oriented, profit-seeking organizations.

    Expenses $6,107 · Grants $5,266 · Revenue $268,958

  • Realize Impact fiscally sponsors charitable projects of mission-driven, impact-oriented, profit-seeking organizations that help further our mission.

    Expenses $1,968,421 · Grants $2,029,240 · Revenue $57,453

  • Realize Impact operates a service in partnership primarily with other nonprofit organizations to help individuals and organizations donate to support Realize Impact's investments into mission-driven, impact-oriented, for-profit companies.

    Expenses $2,341 · Revenue $533,891

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

Listed in Part VII

  • Stephanie Gripne

    President

    Total calculated
    $0
    Hours/week
    3

  • Michael Libes

    Vice President & Treasurer

    Total calculated
    $30,000
    From this org
    $30,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Brian Howe

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Matt Eldridge

    Executive Director

    Total calculated
    $46,987
    From this org
    $46,987
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

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.

Grants on this return

  • Mission Driven Finance LLC

    $536,250

    Fiscal Sponsorship Grants

  • Silver Lining Ltd USA

    $482,625

    Fiscal Sponsorship Grants

  • Beneficial Returns

    $309,563

    General Support

  • Black Lives Matter

    $186,729

    Fiscal Sponsorship Grants

  • Denkyem

    $173,801

    Fiscal Sponsorship Grants

  • RiseKit

    $147,000

    Fiscal Sponsorship Grants

  • Artha Networks

    $97,500

    General Support

  • Kokua Country Foods Cooperative

    $42,619

    General Support

  • Farm Link Hawai'i Inc

    $24,375

    General Support

  • New Mexico Angels

    $10,481

    Fiscal Sponsorship Grants

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202323199349328712

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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