Nonprofit screen
Screen a listBoston Impact Initiative Fund
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- Type I
$5.4Mrevenue
FY2024 · +265% in 3 yrs14staff
6 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin48.6%
Months of reserve61.7mo
Revenue growth (annualized)+38.3%
Middle half of peersMedianBoston Impact Initiative
Where the money goes FY2024 · $2.8M spent
Programs$1.5M53%Management and general$1.1M40%Fundraising$198k7%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor2
Strong governance
6 of 7 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 38% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort40funders
$1.3Ma year, last 3 years
19%from its largest funder
Funder’18’19’20’21’22’23Surdna Foundation IncSince FY2020$150k$220k$220k$200kBarr FoundationSince FY2022$500k$250kThe Hyams Foundation IncSince FY2019$125k$100k$75k$100k$75kCenter for Cultural InnovationStopped after FY2022$130k$75k$30k–Fidelity FoundationNew in FY2023$200kCedar Tree FoundationSince FY2021$50k$50k$50kDonor-advised giftsDonors not disclosed$180k$815k$2.9M$580k$70k$928k12 other fundersUp to $125k a year each$85k$200k$30k$75k$200k
FundedThrough a donor-advised fundStopped