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← REALIZE IMPACT

Form 990 for tax year 2024

Filed by REALIZE IMPACT.

Totals

Total revenue
$22,238,411
Total expenses
$9,741,398
Contributions and grants received
$21,602,703
Grants paid
$9,153,265
Program service revenue
$405,624
Investment income
$230,084
Other revenue
$0
Total assets, end of year
$33,404,486
Total liabilities, end of year
$16,426
Net assets or fund balances, end of year
$33,388,060
Program services expenses (Part IX)
$9,571,449
Management and general expenses
$169,949
Fundraising expenses
$0
Program service expenses (Part III)
$9,571,449

Program services were 98.3% 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

    $21,602,703

  • 1g · Noncash contributions included above

    $392,339

  • 2a · Program service revenue: Portfolio Returns

    total $405,624 · related or exempt $405,624

  • 3 · Investment income

    total $230,084 · excluded $230,084

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $8,294,619 · program services $8,294,619

  • 3 · Grants to foreign organizations and individuals

    total $858,646 · program services $858,646

  • 5 · Compensation of officers, directors and key employees

    total $214,553 · program services $171,642 · management and general $42,911

  • 7 · Other salaries and wages

    total $135,047 · program services $108,037 · management and general $27,010

  • 8 · Pension plan contributions

    total $7,414 · program services $5,931 · management and general $1,483

  • 9 · Other employee benefits

    total $11,886 · program services $9,509 · management and general $2,377

  • 10 · Payroll taxes

    total $27,025 · program services $21,620 · management and general $5,405

  • 11b · Fees: legal

    total $31,167 · program services $17,790 · management and general $13,377

  • 11c · Fees: accounting

    total $3,500 · program services $1,998 · management and general $1,502

  • 11f · Fees: investment management

    total $21,838 · management and general $21,838

  • 11g · Fees: other

    total $62,934 · program services $35,922 · management and general $27,012

  • 12 · Advertising and promotion

    total $30,274 · program services $30,026 · management and general $248

  • 13 · Office expenses

    total $6,423 · management and general $6,423

  • 17 · Travel

    total $15,878 · program services $14,005 · management and general $1,873

  • 19 · Conferences, conventions and meetings

    total $4,381 · management and general $4,381

  • 23 · Insurance

    total $1,251 · management and general $1,251

  • 24a · Other expenses: Other Expenses

    total $5,878 · management and general $5,878

  • 24b · Other expenses: Bank Fees & Charges

    total $5,565 · management and general $5,565

  • 24c · Other expenses: Meals

    total $2,646 · program services $1,704 · management and general $942

  • 24d · Other expenses: Taxes & Licensing

    total $473 · management and general $473

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,991,050 · end of year $5,545,794

  • 2 · Savings and temporary cash investments

    beginning of year $96,388 · end of year $101,511

  • 7 · Other notes and loans receivable

    beginning of year $876,358 · end of year $3,031,644

  • 9 · Prepaid expenses and deferred charges

    end of year $2,288

  • 12 · Investments: other securities

    end of year $12,361,625

  • 13 · Investments: program-related

    beginning of year $16,295,878 · end of year $12,361,624

  • 17 · Accounts payable and accrued expenses

    beginning of year $163,141 · end of year $16,426

  • 27 · Net assets without donor restrictions

    beginning of year $21,026,533 · end of year $33,318,060

  • 28 · Net assets with donor restrictions

    beginning of year $70,000 · end of year $70,000

Mission and programs · 2024

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 $1,888,842 · Grants $1,510,717

  • Realize Impact fiscally sponsors charitable projects of mission-driven, impact-oriented, not-for-profit organizations that help further our mission.

    Expenses $7,642,087 · Grants $7,637,582

  • 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 $40,520 · Grants $4,966 · Revenue $405,624

As filed on the 2024 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

    Treasurer

    Total calculated
    $62,400
    From this org
    $62,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Brian Howe

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Kurt Davis Jr

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Paul Huynh

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Matt Eldridge

    Executive Director

    Total calculated
    $152,153
    From this org
    $146,301
    From related orgs
    $0
    Other
    $5,852
    Hours/week
    36

    Schedule J breakdown matched by us

    Base
    $146,301
    Bonus
    $0
    Other
    $0
    Deferred
    $5,852
    Nontaxable benefits
    $0
    Filer's total
    $152,153

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

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

  • The New Climate

    $3,168,000

    Fiscal Sponsorship Grants

  • GitLab Foundation

    $975,000

    Fiscal Sponsorship Grants

  • Beneficial Returns

    $651,510

    Fiscal Sponsorship Grants

  • Delta40 Venture Studio Corporation

    $609,375

    Fiscal Sponsorship Grants

  • Small Business Silver Lining

    $463,125

    Fiscal Sponsorship Grants

  • Denkyem

    $358,424

    Fiscal Sponsorship Grants

  • gDiapers

    $266,136

    Fiscal Sponsorship Grants

  • Making Space

    $243,750

    Fiscal Sponsorship Grants

  • Tailwind Climate

    $219,375

    Fiscal Sponsorship Grants

  • Artha Networks

    $195,000

    Fiscal Sponsorship Grants

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

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • Africa Trees LTD

    Re-forest the landscape, capture carbon & actively restore degraded land. · MP

    Directly controlled by Realize Impact

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202513219349327181

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

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