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Nonprofiteer
← SOCIAL GOOD FUND INC

Form 990 for tax year 2024

Filed by SOCIAL GOOD FUND INC.

Totals

Total revenue
$62,018,526
Total expenses
$70,713,022
Contributions and grants received
$52,334,538
Grants paid
$23,782,904
Program service revenue
$7,493,684
Investment income
$2,057,718
Other revenue
$132,586
Total assets, end of year
$63,411,800
Total liabilities, end of year
$2,454,072
Net assets or fund balances, end of year
$60,957,728
Program services expenses (Part IX)
$65,709,738
Management and general expenses
$4,793,250
Fundraising expenses
$210,034
Program service expenses (Part III)
$65,709,738

Program services were 92.9% 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.

  • 1e · Government grants (contributions)

    $1,395,539

  • 1f · All other contributions, gifts and grants

    $50,938,999

  • 1g · Noncash contributions included above

    $325,480

  • 2a · Program service revenue: ADMIN FEES

    total $3,872,277 · related or exempt $3,872,277

  • 2b · Program service revenue: PROGRAM SERVICES

    total $3,621,407 · related or exempt $3,621,407

  • 3 · Investment income

    total $2,007,387 · excluded $2,007,387

  • 6a · Gross rents

    real property $8,781

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $8,781

  • 6d · Net rental income or loss

    total $8,781 · related or exempt $8,781

  • 7a · Gross sales of assets other than inventory

    securities $50,331

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $50,331

  • 7d · Net gain or loss

    total $50,331 · related or exempt $50,331

  • 10a · Gross sales of inventory

    $123,805

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $123,805 · related or exempt $123,805

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $20,516,141 · program services $20,516,141

  • 3 · Grants to foreign organizations and individuals

    total $3,266,763 · program services $3,266,763

  • 5 · Compensation of officers, directors and key employees

    total $734,568 · program services $273,544 · management and general $461,024

  • 7 · Other salaries and wages

    total $24,923,608 · program services $21,572,997 · management and general $3,205,322 · fundraising $145,289

  • 9 · Other employee benefits

    total $1,433,126 · program services $1,273,027 · management and general $151,633 · fundraising $8,466

  • 10 · Payroll taxes

    total $2,109,097 · program services $1,873,484 · management and general $223,154 · fundraising $12,459

  • 11b · Fees: legal

    total $68,498 · program services $66,664 · management and general $1,755 · fundraising $79

  • 11g · Fees: other

    total $8,079,554 · program services $7,863,201 · management and general $206,983 · fundraising $9,370

  • 12 · Advertising and promotion

    total $87,321 · program services $87,303 · management and general $18

  • 13 · Office expenses

    total $1,189,847 · program services $1,156,900 · management and general $5,257 · fundraising $27,690

  • 14 · Information technology

    total $652,103 · program services $546,707 · management and general $105,396

  • 16 · Occupancy

    total $707,249 · program services $661,306 · management and general $44,248 · fundraising $1,695

  • 17 · Travel

    total $2,246,501 · program services $2,214,274 · management and general $27,241 · fundraising $4,986

  • 20 · Interest

    total $10 · management and general $10

  • 22 · Depreciation, depletion and amortization

    total $50,649 · program services $50,649

  • 23 · Insurance

    total $374,599 · program services $18,512 · management and general $356,087

  • 24a · Other expenses: ADMIN EXPENSES

    total $3,872,277 · program services $3,872,277

  • 24b · Other expenses: COMMUNITY ACTIVITIES

    total $187,821 · program services $187,510 · management and general $311

  • 24c · Other expenses: BANK & ONLINE TRANSACTI

    total $105,493 · program services $105,493

  • 24d · Other expenses: MAINTENANCE & REPAIRS

    total $66,015 · program services $65,798 · management and general $217

  • 24e · All other expenses

    total $41,782 · program services $37,188 · management and general $4,594

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $53,457,425 · end of year $51,931,948

  • 2 · Savings and temporary cash investments

    beginning of year $6,055,932

  • 3 · Pledges and grants receivable

    beginning of year $1,796,876 · end of year $6,237,831

  • 4 · Accounts receivable

    beginning of year $8,038,625 · end of year $1,092,079

  • 9 · Prepaid expenses and deferred charges

    beginning of year $252,436 · end of year $314,487

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

    $2,202,524

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

    $107,985

  • 10c · Land, buildings and equipment, net

    beginning of year $1,564,406 · end of year $2,094,539

  • 11 · Investments: publicly traded securities

    end of year $15,964

  • 12 · Investments: other securities

    end of year $1,150,000

  • 15 · Other assets

    beginning of year $480,510 · end of year $574,952

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,024,466 · end of year $2,071,709

  • 25 · Other liabilities

    beginning of year $30,510 · end of year $382,363

  • 27 · Net assets without donor restrictions

    beginning of year $69,591,234 · end of year $60,957,728

Mission and programs · 2024

Mission

PRIMARY PURPOSE IS TO CULTIVATE AND ESTABLISH POSITIVE INFLUENCES.

  • FISCAL SPONSORSHIP:SGF'S MAIN PROGRAM IS ITS FISCAL SPONSORSHIP PROGRAM. SGF ADVANCES ITS EXEMPT PURPOSES BY SUPPORTING BOTH INTERNAL AND EXTERNAL PROJECTS. INTERNAL PROJECTS ARE FISCALLY SPONSORED, AND THE INDIVIDUALS WITH DELEGATED AUTHORITY TO MANAGE THEM (ACTING AS AGENTS OF SGF) MAY ALSO BE ASSOCIATED WITH A PARTY THATSUBJECT TO SGF'S APPROVALHAS THE AUTHORITY TO SPIN OFF THE INTERNAL PROJECT TO ANOTHER PUBLIC CHARITY. EXTERNAL PROJECTS ARE GRANTEES OF SGF; THEY ARE VETTED BEFORE ANY GRANTMAKING, ARE SUBJECT TO A WRITTEN GRANT AGREEMENT, AND MUST PROVIDE REGULAR REPORTS TO SGF FOR AS LONG AS THEY HOLD GRANT FUNDS.

    Expenses $56,059,367 · Grants $16,624,122 · Revenue $54,632,097

  • GIFT CARD BANK:OUR GIFT CARD PROGRAM PROVIDED GIFT CARD GRANTS TO OTHER 501(C)(3) ORGANIZATIONS FOR GROCERIES, BENEFITING 300,000 PEOPLE, INCLUDING SENIORS, FAMILIES, LOW-INCOME INDIVIDUALS, PEOPLE OF COLOR, PEOPLE EXPERIENCING HOMELESSNESS, NATIVE AMERICANS, AND STUDENTS IN NEED.

    Expenses $5,496,139 · Grants $4,178,739 · Revenue $2,948,766

  • EAST OAKLAND COLLECTIVE:THE EAST OAKLAND COLLECTIVE (EOC) IS A MEMBER-BASED COMMUNITY ORGANIZATION DEDICATED TO ADVANCING RACIAL AND ECONOMIC EQUITY IN DEEP EAST OAKLAND. THROUGH CIVIC ENGAGEMENT, LEADERSHIP DEVELOPMENT, AND ECONOMIC EMPOWERMENT, EOC UPLIFTS UNDERSERVED RESIDENTS AND FOSTERS LONG-TERM COMMUNITY RESILIENCE. ITS PROGRAMS FOCUS ON WORKFORCE TRAINING AND SKILLS DEVELOPMENT FOR FORMERLY INCARCERATED INDIVIDUALS, PEOPLE IN COURT-MANDATED PROGRAMS, LOW-INCOME RESIDENTS, AND COMMUNITIES OF COLOR. EOC ALSO STRENGTHENS FINANCIAL LITERACY TO PROMOTE ECONOMIC EMPOWERMENT AND INDEPENDENCE. BY ORGANIZING LEADERSHIP FORUMS, LISTENING SESSIONS, CIVIC ENGAGEMENT INITIATIVES, AND VOTER EDUCATION, EOC ADVANCES RACIAL EQUITY AND BUILDS COMMUNITY POWER. IN PARTNERSHIP WITH LOCAL ORGANIZATIONS, ELECTED OFFICIALS, AND THE CITY OF OAKLAND, EOC ENGAGES IN COALITION BUILDING TO AMPLIFY COLLECTIVE IMPACT AND SYSTEMIC CHANGE. THROUGH THESE EFFORTS, THE ORGANIZATION CONTINUES TO INVEST IN THE PEOPLE AND NEIGHBORHOODS OF EAST OAKLAND TO CREATE A MORE JUST, INCLUSIVE, AND THRIVING COMMUNITY.

    Expenses $3,119,785 · Grants $2,938,444 · Revenue $248,236

  • SGF WORKS TO CREATE JOBS AND INCREASE EMPLOYMENT SUBSISTENCE FARMERS IN RURAL AFRICA BY DEVELOPING AND SUPPORTING AGRICULTURAL INITIATIVES. SGF CURRENTLY WORKS IN RWANDA, UGANDA, GHANA, AND NIGERIA. SGF HAS ALSO LAUNCHED A CHARITABLE INCUBATION HUB--A ONE-STOP-SHOP--IN PORTLAND,OR THAT ALLOWS COMMUNITY MEMBERS TO ACCESS FISCAL SPONSORSHIP, LEARN, WORK, RUN TRAININGS AND WORKSHOPS, AND HOST FUNDRAISING EVENTS.

    Expenses $1,034,447 · Grants $41,599 · Revenue $200,585

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Meso Tadeo

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Boupha Toomaly

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Michael Pace

    PRESIDENT & ED

    Total calculated
    $184,088
    From this org
    $184,088
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,088
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $184,088
  • Brown Stacy

    CHIEF OPERATING OFFICER

    Total calculated
    $165,178
    From this org
    $165,178
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,178
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $165,178
  • Susan Light

    ED OF FISCAL SPONSORSHIP

    Total calculated
    $157,997
    From this org
    $157,997
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,997
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $157,997
  • Kyle Solberg

    CFO

    Total calculated
    $118,939
    From this org
    $118,939
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Moxley Elle

    PROJECT DIRECTOR

    Total calculated
    $265,801
    From this org
    $265,801
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $265,801
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $265,801
  • Rosenn Jennie

    PROJECT DIRECTOR

    Total calculated
    $209,058
    From this org
    $209,058
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,058
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $209,058
  • Karsch Mordecai

    PROJECT DIRECTOR

    Total calculated
    $172,152
    From this org
    $172,152
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,152
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $172,152
  • Torres-Walker Tamisha

    PROJECT DIRECTOR

    Total calculated
    $167,340
    From this org
    $167,340
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,340
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $167,340
  • Lopezrevoredo Analucia

    PROJECT DIRECTOR

    Total calculated
    $150,481
    From this org
    $150,481
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,481
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $150,481

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

  • VARIOUS ORGANIZATIONS

    $20,516,141

    GENERAL OPERATING SUPPORT

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202503219349326385

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