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Nonprofiteer
← SOCIAL CAPITAL INC

Form 990 for tax year 2023

Filed by SOCIAL CAPITAL INC.

Totals

Total revenue
$910,529
Total expenses
$950,264
Contributions and grants received
$762,338
Grants paid
$16,480
Program service revenue
$83,549
Investment income
$412
Other revenue
$64,230
Total assets, end of year
$212,896
Total liabilities, end of year
$99,829
Net assets or fund balances, end of year
$113,067
Program services expenses (Part IX)
$799,031
Management and general expenses
$66,523
Fundraising expenses
$84,710
Program service expenses (Part III)
$799,031

Program services were 84.1% 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.

  • 1c · Fundraising events

    $22,222

  • 1e · Government grants (contributions)

    $536,049

  • 1f · All other contributions, gifts and grants

    $204,067

  • 1g · Noncash contributions included above

    $200

  • 2a · Program service revenue: PARTICIPATION & NETWORK FEES

    total $83,549 · related or exempt $83,549

  • 3 · Investment income

    total $412 · excluded $412

  • 8a · Fundraising events: gross income

    $77,680

  • 8a · Fundraising events: contributions included on line 1c

    $22,222

  • 8b · Fundraising events: direct expenses

    $13,720

  • 8c · Net income from fundraising events

    total $63,960

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $270 · excluded $270

  • 11e · Other revenue, total

    $270

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $15,000 · program services $15,000

  • 2 · Grants to domestic individuals

    total $1,480 · program services $1,480

  • 5 · Compensation of officers, directors and key employees

    total $87,884 · program services $61,966 · management and general $10,951 · fundraising $14,967

  • 7 · Other salaries and wages

    total $399,510 · program services $322,126 · management and general $30,477 · fundraising $46,907

  • 9 · Other employee benefits

    total $19,153 · program services $15,658 · management and general $1,722 · fundraising $1,773

  • 10 · Payroll taxes

    total $55,711 · program services $47,325 · management and general $3,363 · fundraising $5,023

  • 11c · Fees: accounting

    total $10,000 · management and general $10,000

  • 11g · Fees: other

    total $51,550 · program services $41,501 · management and general $330 · fundraising $9,719

  • 12 · Advertising and promotion

    total $9,371 · program services $9,371

  • 13 · Office expenses

    total $17,018 · program services $11,826 · management and general $3,579 · fundraising $1,613

  • 16 · Occupancy

    total $14,483 · program services $12,310 · management and general $1,449 · fundraising $724

  • 17 · Travel

    total $15,634 · program services $12,913 · fundraising $2,721

  • 19 · Conferences, conventions and meetings

    total $20,838 · program services $20,788 · fundraising $50

  • 20 · Interest

    total $721 · management and general $721

  • 22 · Depreciation, depletion and amortization

    total $636 · program services $540 · management and general $64 · fundraising $32

  • 23 · Insurance

    total $4,494 · program services $3,336 · management and general $915 · fundraising $243

  • 24a · Other expenses: FELLOWSHIP

    total $172,534 · program services $172,534

  • 24b · Other expenses: MATERIALS & SUPPLIES

    total $34,053 · program services $34,053

  • 24c · Other expenses: MEMBERSHIP DUES & FEES

    total $20,194 · program services $16,304 · management and general $2,952 · fundraising $938

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $46,731 · end of year $1,109

  • 2 · Savings and temporary cash investments

    end of year $6,037

  • 3 · Pledges and grants receivable

    beginning of year $123,459 · end of year $145,559

  • 4 · Accounts receivable

    beginning of year $14,250 · end of year $16,086

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,985 · end of year $6,741

  • 10a · Land, buildings and equipment: cost or other basis

    $1,590

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,272

  • 10c · Land, buildings and equipment, net

    beginning of year $954 · end of year $318

  • 15 · Other assets

    beginning of year $49,781 · end of year $37,046

  • 17 · Accounts payable and accrued expenses

    beginning of year $36,171 · end of year $55,622

  • 19 · Deferred revenue

    beginning of year $1,125 · end of year $6,945

  • 23 · Secured mortgages and notes payable

    beginning of year $281 · end of year $216

  • 25 · Other liabilities

    beginning of year $49,781 · end of year $37,046

  • 27 · Net assets without donor restrictions

    beginning of year $49,519 · end of year $91,409

  • 28 · Net assets with donor restrictions

    beginning of year $103,283 · end of year $21,658

Mission and programs · 2023

Mission

SCI'S MISSION IS TO STRENGTHEN COMMUNITIES BY UNITING DIVERSE INDIVIDUALS AND GROUPS THROUGH CIVIC ENGAGEMENT INITIATIVES.

  • SCI CONTINUED TO IMPLEMENT PROGRAMS DESIGNED TO INCREASE SOCIAL CONNECTION TO CREATE THRIVING, INCLUSIVE COMMUNITIES. SCI AMERICORPS MEMBERS SERVED OVER 10,548 HOURS, CONNECTING YOUNG PEOPLE WITH THE RELATIONSHIPS, EXPERIENCES, AND RESOURCES THEY NEED TO SUCCEED. 9 FULL-TIME SCI AMERICORPS MEMBERS COORDINATED YOUTH LEADERSHIP PROGRAMS, PLANNED COMMUNITY EVENTS, AND MANAGED ONLINE COMMUNITY OUTREACH TOOLS. SCI AMERICORPS MEMBERS MOBILIZED 1,600 VOLUNTEERS WHO SERVED 3,300 HOURS. SCI ALSO PROVIDED THE AMERICORPS MEMBERS WITH OVER 40 HOURS OF LEADERSHIP TRAINING, AND PROVIDED THEM ACCESS TO A FULL-CREDIT COURSE AT MERRIMACK COLLEGE THROUGH A NEW PARTNERSHIP WITH THAT INSTITUTION. THE SCI YOUTH GRANT PITCH CONTEST PROVIDED 85 YOUTH FROM 11 TEAMS FROM AROUND THE GREATER BOSTON AREA TO DEVELOP A PLAN FOR A COMMUNITY IMPACT PROJECT, AND PITCH IT TO A PANEL OF JUDGES FOR A CHANCE TO WIN FUNDING TO IMPLEMENT THE PROJECT. WITH GUIDANCE FROM 28 VOLUNTEER COACHES, THE YOUTH DEVELOPED LEADERSHIP SKILLS INCLUDING PUBLIC SPEAKING, PROJECT MANAGEMENT AND TEAMWORK. A TOTAL OF 15,000 IN FUNDING WAS PROVIDED, WITH ALL 11 TEAMS RECEIVING IMPLEMENTATION FUNDING. THE LEADERS FOR AN EQUITABLE TOMORROW, IMPLEMENTED IN PARTNERSHIP WITH THE NETWORK FOR SOCIAL JUSTICE, ENGAGED 10 TEENS IN A YEAR ROUND INTERNSHIP, ORGANIZING ACTIVITIES FOCUSED ON YOUTH MENTAL HEALTH. THEY ORGANIZED SUCCESSFUL COMMUNITY WORKSHOPS ON TOPICS SUCH AS SOCIAL MEDIA & MENTAL HEALTH, AND HEALTHY APPROACHES TO MAKING POST-HIGH SCHOOL PLANS.

    Expenses $799,031 · Grants $16,480 · Revenue $83,549

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DAVID B CROWLEY

    PRESIDENT &

    Total calculated
    $92,607
    From this org
    $72,482
    From related orgs
    $0
    Other
    $20,125
    Hours/week
    40
  • JENNIFER BAKER JONES

    CHAIR & DIRE

    Total calculated
    $0
    Hours/week
    2
  • MAHESH BHATIA

    TREASURER &

    Total calculated
    $0
    Hours/week
    2
  • WILLIAM DILLON

    CLERK & ASST

    Total calculated
    $0
    Hours/week
    2
  • MARISA LUSE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • JENNIFER E MAHON MED

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • KEVIN MCGRAVEY PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • VASANT NARYAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • BOB SILVERMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • SAMANTHA STONE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • ADRIANA MENDES-SHELDON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • FRANK TEMPESTA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • DR MOHANAN UNNI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • JENNIFER WILLIAMS MPH

    DIRECTOR

    Total calculated
    $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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
12 May 2025
IRS schema version
2023v6.0
Source object
202511339349303066

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