2024-11-04T10:41:14-06:00 2024-06-30 471096596 RAFFOL AND COMPANY INC 105 CHESTNUT ST SUITE 11 NEEDHAM MA 02492 990 2023-07-01 473923576 SOCIAL INNOVATION FORUM INC SOCI 6174922305 77 FRANKLIN STREET 9TH FLOOR BOSTON MA 02110 WYONA LYNCH-MCWHITE EXECUTIVE DIRECTOR 6174922305 2024-11-04 1 0 JONATHAN VITALE P01922134 7814444926 2024-10-30 2023 2024-10-15 13:58:12Z X WYONA LYNCH-MCWHITE 77 FRANKLIN STREET 9TH FLOOR BOSTON MA 02110 1787758 0 X WWW.SOCIALINNOVATIONFORUM.ORG X 2015 MA THE SOCIAL INNOVATION FORUM, INC. BECAME AN INDEPENDENT 501(C)(3) ORGANIZATION IN 2015. ITS MISSION IS TO CREATE POSITIVE SOCIAL CHANGE IN EASTERN MASSACHUSETTS BY ENGAGING AND INFORMING FUNDERS AND INVESTORS SO THAT THEY CAN DIRECT RESOURCES MORE EFFECTIVELY WHILE ALSO EDUCATING AND SUPPORTING LEADERS OF NONPROFIT ORGANIZATIONS SO THAT THEY CAN DELIVER THE MOST EFFECTIVE SOLUTIONS TO SOCIAL ISSUES. SIF HAS CREATED A "MARKETPLACE" WHERE IT CONNECTS SOCIAL PURPOSE ORGANIZATIONS ("INNOVATORS") WITH A COMMUNITY OF INDIVIDUALS ("INVESTORS AND SUPPORTERS")WHO CAN PROVIDE FINANCIAL, TECHNICAL, AND COACHING SUPPORT, THEREBY LEVERAGING EVERY ROLE IN THE ECOSYSTEM FOR SOCIAL IMPACT. 11 11 24 115 0 0 3415219 1616032 27525 28800 25850 80044 63993 62882 3532587 1787758 286000 478500 0 0 1269141 1342416 0 0 475042 999835 1321178 2554976 3142094 977611 -1354336 4049141 2717717 124961 147873 3924180 2569844 X THE SOCIAL INNOVATION FORUM, INC. BECAME AN INDEPENDENT 501(C)(3) ORGANIZATION IN 2015. ITS MISSION IS TO CREATE POSITIVE SOCIAL CHANGE IN EASTERN MASSACHUSETTS BY ENGAGING AND INFORMING FUNDERS AND INVESTORS SO THAT THEY CAN DIRECT RESOURCES MORE EFFECTIVELY WHILE ALSO EDUCATING AND SUPPORTING LEADERS OF NONPROFIT ORGANIZATIONS SO THAT THEY CAN DELIVER THE MOST EFFECTIVE SOLUTIONS TO SOCIAL ISSUES. SIF HAS CREATED A "MARKETPLACE" WHERE IT CONNECTS SOCIAL PURPOSE ORGANIZATIONS ("INNOVATORS") WITH A COMMUNITY OF INDIVIDUALS ("INVESTORS AND SUPPORTERS")WHO CAN PROVIDE FINANCIAL, TECHNICAL, AND COACHING SUPPORT, THEREBY LEVERAGING EVERY ROLE IN THE ECOSYSTEM FOR SOCIAL IMPACT. 0 0 1661191 SOCIAL INNOVATOR ACCELERATOR - SIF'S SIGNATURE TWO-YEAR PROGRAM OFFERS CAPACITY BUILDING SUPPORT TO IMPACTFUL GRASSROOTS NONPROFIT ORGANIZATIONS THROUGH CONSULTING, COACHING, PRESENTATION TRAINING, OPPORTUNITIES TO EXPAND THEIR NETWORKS AND BUILD NEW RELATIONSHIPS, AND ACCESS TO FINANCIAL SUPPORT AS WELL AS IN-KIND RESOURCES AND SERVICES. 253269 ALUMNI AND NONPROFIT NETWORK PROGRAM - SIF HAS ALWAYS BEEN COMMITTED TO SUPPORTING ITS INNOVATOR ALUMNI, WHO ARE CONSIDERED TO BE PART OF ITS "FOREVER PORTFOLIO." IN 2020, SIF LAUNCHED ITS ALUMNI AND NONPROFIT NETWORK PROGRAM, OFFERING ONGOING LEADERSHIP DEVELOPMENT, SKILL-BUILDING, AND NETWORK-BUILDING TO THESE ORGANIZATIONS. SIF'S NONPROFIT NETWORK ALSO ENCOMPASSES ORGANIZATIONS THAT ARE MEMBERS OF ITS CO-WORKING SPACE, THOSE THAT HAVE GRADUATED FROM THE CAPACITY CAMP PROGRAM, AND FINALISTS IN THE ACCELERATOR SELECTION PROCESS. 189145 FUNDER LEARNING PROGRAM - SIF PROVIDES NUMEROUS OPPORTUNITIES FOR PHILANTHROPISTS, FUNDERS, COMMUNITY LEADERS, AND OTHERS TO COME TOGETHER WITH NONPROFIT LEADERS TO WORK TOWARD POSITIVE SOCIAL CHANGE IN EASTERN MASSACHUSETTS. SIF ENGAGES WITH FUNDERS TO LEARN ABOUT SOCIAL JUSTICE PHILANTHROPY, STRATEGIZE ABOUT AND IMPLEMENT MORE EQUITABLE PRACTICES, AND BUILD MEANINGFUL, LONG-LASTING RELATIONSHIPS WITH NONPROFITS. OUR COMMUNITY OF SUPPORTERS LEARN FROM LEADING PRACTITIONERS, DISCUSS CURRENT AND EMERGENT SOCIAL ISSUES, PARTICIPATE IN DIALOGUES WITH PEERS, AND ENGAGE WITH AND SUPPORT IMPACTFUL ORGANIZATIONS ADDRESSING CHALLENGING SOCIAL ISSUES WITHIN THEIR COMMUNITIES. 93179 93179 2196784 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 43 0 1 24 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X THE CORPORATION 6174922305 77 FRANKLIN STREET 9TH FLOOR BOSTON MA 02110 JULIA SATTI COSENTINO CHAIR 2.00 X 0 0 0 RYAN DINGS BOARD MEMBER (THRU 10/2023) 2.00 X X 0 0 0 YASMIN CRUZ FERRINE BOARD MEMBER (THU 10/2023) 2.00 X 0 0 0 EMILY FISH BOARD MEMBER 2.00 X 0 0 0 KATHERINE GROSS BOARD MEMBER 2.00 X X 0 0 0 AMANDA HAHNEL BOARD MEMBER (THRU 5/2024) 2.00 X 0 0 0 WESTON HOWLAND III BOARD MEMBER 2.00 X X 0 0 0 JORDAN KRASNOW SECRETARY/CLERK 2.00 X X 0 0 0 DELPHENE MOONEY VICE CHAIR 2.00 X 0 0 0 ANDREA PERRY BOARD MEMBER 2.00 X 0 0 0 VIKRAM PUNWANI TREASURER 2.00 X X 0 0 0 NAGEEB SUMAR BOARD MEMBER 2.00 X 0 0 0 COLBY SWETTBERG BOARD MEMBER 2.00 X 0 0 0 SUSZANE OFFIT BOARD MEMBER (FROM 4/2024) 2.00 X 0 0 0 SUSAN MUSINSY EXECUTIVE DIRECTOR (THRU 1/2024) 40.00 X 157800 0 6997 MELISSA DUGGAN CHIEF OPERATING OFFICER 40.00 X 131108 0 5863 TATIANA INWALD DIRECTOR OF PROGRAMS 40.00 X 132521 0 4690 421429 0 17550 3 1 1 0 0 1616032 1616032 COWORKING FEES 28800 28800 28800 80044 80044 43849 0 43849 43849 OTHER INCOME 19033 19033 19033 1787758 19033 0 152693 X 478500 478500 157800 39450 78900 39450 1019697 734835 149117 135745 72240 47503 13989 10748 92679 60943 17947 13789 922724 524572 167386 230766 46407 39667 4522 2218 57074 37764 7159 12151 172103 136541 18382 17180 2951 1546 183 1222 16240 11554 2451 2235 6143 6143 PROGRAM EXPENSE 76494 76494 POSTAGE AND PRINTING 9063 373 65 8625 AWARDS AND RECOGNITION 7027 3418 3384 225 FOOD AND CATERING 4952 3624 640 688 3142094 2196784 470268 475042 1754165 805946 686036 767263 1503012 1053737 2455 202 24465 23107 56186 46774 8495 9412 70513 58050 4049141 2717717 124961 147873 124961 147873 X 1179197 1083395 2744983 1486449 3924180 2569844 4049141 2717717 -1354336 0 X 0 1 X 1 0 X 1612901 1865956 2996681 3415219 1616032 11506789 1612901 1865956 2996681 3415219 1616032 11506789 0 0 0 11506789 35350 40842 99077 175269 35350 40842 99077 175269 1612901 1865956 3032031 3456061 1715109 11682058 0.98500 0.99340 0.01500 0.00660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26049 26049 0 30137 20725 9412 9412 2264893 477135 477135 1787758 0 1787758 3619229 477135 477135 3142094 0 3142094 X X X X X 43849 43849 43849 43849 43849 1 CHICA PROJECT 1266 FURNACE BROOKE PKWY SUITE 410 QUINCY MA 02169 453866647 3 35750 0 FMV INNOVATOR GRANT JUSTICE FOR HOUSING INC 23 BRADSTON STREET 4TH FLOOR BOSTON MA 02118 843842513 3 35750 0 FMV INNOVATOR GRANT UNITED INTERFAITH ACTION OF SOUTHEASTERN MASSACHUSETTS 228 N MAIN STREET FALL RIVER MA 02720 311585685 3 35750 0 FMV INNOVATOR GRANT GENUNITY 492 ADAMS MAIL CENTER CAMBRIDGE MA 02138 871485598 3 35750 0 FMV INNOVATOR GRANT THE LATINO HEALTH INSURANCE PROGRAM 88 WAVERLY STREET FRAMINGHAM MA 01702 300614874 3 35750 0 FMV INNOVATOR GRANT MISSIONSAFE PO BOX 201060 ROXBURY MA 02120 043457195 3 35750 0 FMV INNOVATOR GRANT RIA INC 330 COCHITUATE ROAD 1784 FRAMINGHAM MA 01701 462837911 3 35750 0 FMV INNOVATOR GRANT LOWELL PARKS AND CONSERVATION TRUST PO BOX 7162 LOWELL MA 01852 223070912 3 35750 0 FMV INNOVATOR GRANT VARIOUS ORGANIZATIONS UNDER 5000 77 FRANKLIN STREET 9TH FLOOR BOSTON MA 02110 52500 0 FMV INNOVATOR GRANT MASSACHUSETTS WOMEN OF COLOR NETWORK INC 155 AVENUE OF THE AMERICAS 13TH FLOOR NEW YORK NY 10013 920524043 3 20000 0 FMV INNOVATOR GRANT BOSTON FOOD FOREST COALIAITION 76 WELD HILL STREET JAMAICA PLAIN MA 02130 465327936 3 20000 0 FMV INNOVATOR GRANT KIDS IN TECH INC 660 SUFFOLK STREET 125 LOWELL MA 01854 813311916 3 20000 0 FMV INNOVATOR GRANT TOP NOTCH SCHOLARS INC 60 ISLAND STREET SUITE 200 LAWRENCE MA 01840 464527723 3 20000 0 FMV INNOVATOR GRANT FAMILY INDEPENDENCE INC 11 MT PLEASANT AVENUE ROXBURY MA 02119 823528268 3 20000 0 FMV INNOVATOR GRANT LATINX COMMUNITY CENTER FOR EMPOWERMENT INC 97 CENTRAL ST SUITE 300 LOWELL MA 01852 844196744 3 20000 0 FMV INNOVATOR GRANT BEAT THE ODDS 53 DEWEY STREET DORCHESTER MA 02125 834627063 3 20000 0 FMV INNOVATOR GRANT X X 0 0 0 0 0 0 0 0 0 SUSAN MUSINSY EXECUTIVE DIRECTOR (THRU 1/2024) 157800 0 0 0 0 0 0 0 6997 0 164797 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS TO PROVIDED TO EACH BOARD MEMBER BEFORE FILING. ANY QUESTIONS AND/OR COMMENTS ARE SENT TO THE AUDIT COMMITTEE FOR RESOLUTION WITH MANAGEMENT. ONCE ALL QUESTION/ISSUES ARE SATISFACTORY RESOLVED, EACH BOARD MEMBER VOTES TO ACCEPT THE FORM 990 AS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY BY REQUIRING ALL DIRECTORS AND OFFICERS TO SIGN A CONFLICT OF INTEREST AND DISCLOSURE FORM ANNUALLY AND TO AFFIRMATIVELY DISCLOSE POTENTIAL CONFLICTS AS THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED ANNUALLY AND COMPARED TO ORGANIZATIONS OF SIMILAR SIZE, MISSION AND GEOGRAPHICAL LOCATION USING COMPARABILITY DATE. EXECUTIVE COMPENSATION AND SUBSEQUENT SUBSTANTIATION OF THE DELIBERATION FOR THE CEO, IS REFLECTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DISCLOSES THE GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS BY REGISTRATION WITH PUBLIC CHARITIES AND COPIES OF THESE DOCUMENTS ARE PROVIDED UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED FEES: PROGRAM SERVICE EXPENSES 318,326. MANAGEMENT AND GENERAL EXPENSES 69,858. FUNDRAISING EXPENSES 32,507. TOTAL EXPENSES 420,691. PAYROLL PROCESSING FEES AND BANK CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,898. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,898. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 206,246. MANAGEMENT AND GENERAL EXPENSES 91,630. FUNDRAISING EXPENSES 198,259. TOTAL EXPENSES 496,135.