Civic Intelligence

Beyond Capital Fund

EIN 27-0221990 • 501(c)3 • Dallas, TX

Pub. 78 Eligible990-N Coverage

Profile

We are a social impact fund that invests in for-profit social enterprises throughout india and east africa that is dedicated to (a) filling the capital gap as the first professional investment capital in a social enterprise, in addition to (b) providing management advisory, pro bono resources and mentoring to ensure the enterprise's success and to (c) being a long-term partner to help them maintain fidelity to shared goals for their social mission.

25 Highland Park Village 100-317Dallas, TX 75205

www.beyondcapitalfund.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

40th percentile

0.00x

Higher debt load relative to assets than 40% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.01x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

13th percentile

-25%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

23rd percentile

-7.6%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

41st percentile

2.1%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$772,477

Down $63,222 (-7.6%) from 2023

Liabilities

Down

$2,850

Down $650 (-19%) from 2023

Net Assets

Down

$769,627

Down $62,572 (-7.5%) from 2023

Revenue

Up

$249,507

Up $5,086 (+2.1%) from 2023

Expenses

Down

$312,079

Down $51,122 (-14%) from 2023

Net Income

Up

-$62,572

Up $56,208 (+47%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2016: $115,783Liabilities 2016: $0Net Assets 2016: $115,7832016Assets 2017: $256,964Liabilities 2017: $2,159Net Assets 2017: $254,8052017Assets 2018: $251,508Liabilities 2018: $0Net Assets 2018: $251,5082018Assets 2019: $335,083Liabilities 2019: $237,254Net Assets 2019: $97,8292019Assets 2020: $536,640Liabilities 2020: $0Net Assets 2020: $536,6402020Assets 2021: $724,334Liabilities 2021: $0Net Assets 2021: $724,3342021Assets 2022: $899,246Liabilities 2022: $0Net Assets 2022: $899,2462022Assets 2023: $835,699Liabilities 2023: $3,500Net Assets 2023: $832,1992023Assets 2024: $772,477Liabilities 2024: $2,850Net Assets 2024: $769,6272024

Highlighted filing

2024

Assets$772,477
Liabilities$2,850
Net Assets$769,627

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2016: $121,511Expenses 2016: $86,058Net Income 2016: $35,4532016Revenue 2017: $114,334Expenses 2017: $88,880Net Income 2017: $25,4542017Revenue 2018: $345,583Expenses 2018: $348,880Net Income 2018: -$3,2972018Revenue 2019: $274,159Expenses 2019: $427,838Net Income 2019: -$153,6792019Revenue 2020: $333,013Expenses 2020: $400,823Net Income 2020: -$67,8102020Revenue 2021: $607,312Expenses 2021: $278,729Net Income 2021: $328,5832021Revenue 2022: $534,615Expenses 2022: $359,703Net Income 2022: $174,9122022Revenue 2023: $244,421Expenses 2023: $363,201Net Income 2023: -$118,7802023Revenue 2024: $249,507Expenses 2024: $312,079Net Income 2024: -$62,5722024

Highlighted filing

2024

Revenue$249,507
Expenses$312,079
Net Income-$62,572

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Sep 8, 2025
Return Version
2023v6.0
Gross Receipts
$250,836
Mission and Program Overview

Mission

We are a social impact fund that invests in for-profit social enterprises throughout india and east africa that is dedicated to (a) filling the capital gap as the first professional investment capital in a social enterprise, in addition to (b) providing management advisory, pro bono resources and mentoring to ensure the enterprise's success and to (c) being a long-term partner to help them maintain fidelity to shared goals for their social mission.

Beyond capital fund (bcf) is a women-led evergreen fund structured as a u.s. 501(c)3 nonprofit entity that has been a pioneer in impact and gender lens investing. Since 2009, bcf has invested in conscious leaders building enterprises to address the growing needs of one billion consumers lacking access to basic goods and services in nascent markets of africa and india. Our verticals span agriculture, sanitation & waste, financial inclusion, and healthcare.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$562,008$587,008▲ $25,000
Cash and Non-Interest-Bearing Accounts$220,767$157,597▼ $63,170
Accounts Receivable$52,924$27,872▼ $25,052
Total Assets$835,699$772,477▼ $63,222
Liabilities
Accounts Payable and Accrued Expenses$3,500$2,850▼ $650
Total Liabilities$3,500$2,850▼ $650
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$832,199$769,627▼ $62,572
Total Net Assets Fund Balance$832,199$769,627▼ $62,572
Total Liabilities and Net Assets / Fund Balance$835,699$772,477▼ $63,222

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$-72,165--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Isabelle SchmidtTreasurer/seFT$80,000$80,000

Board Members and Trustees

NameTitle
Abilash JaikumarDirector
John MckennaDirector
Samuel MugoyaDirector
Eva YazhariChief Exec O
Revenue and Support

Revenue Composition

Contributions and Grants
$224,153
Program Service Revenue
$0
Investment Income
$-1,329
Other Revenue
$26,683
All Other Contributions
$224,153
Change in Net Assets
$-62,572
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$154,170
Salaries, Compensation, and Employee Benefits$87,909
Grants and Similar Amounts Paid$70,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$23,968$60,662-$84,630
Current Officers, Directors, Trustees, and Key Employees$80,000--$80,000
Grants to Domestic Orgs$70,000--$70,000
Advertising$20,995--$20,995
Travel$12,381--$12,381
Fees for Services Legal-$10,489-$10,489
Fees for Services Accounting-$8,454-$8,454
Payroll Taxes$7,068--$7,068
Information Technology-$4,833-$4,833
Occupancy-$1,875-$1,875
Other Employee Benefits$841--$841
Other Expenses-$474-$474
Office Expenses-$310-$310
All Other Expenses-$60-$60
Interest-$7-$7
Total Functional Expenses$215,253$96,826$0$312,079
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ampersand USA IncCamden, DE501c3Charitable Purpose$45,000
Frontier Innovations FoundationNew York, NY-Platform for Goods$25,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Hooman yazhari eva yazhari director president married

Form 990, Page 6, Part VI, Line 11B

A copy of tax return was provided to governing body to review before filing.

Form 990, Page 6, Part VI, Line 12C

Beyond capital fund requires all board members, officers, and key employees to act solely in the best interests of the organization and to disclose any potential conflicts of interest. A conflict of interest arises when a person's private interest interferes or appears to interfere with beyond capital fund's interests. Board members, officers, and key employees must promptly disclose in writing to the board chair any financial interest, business affiliation, or relationship that could reasonably give rise to a conflict of interest. Upon disclosure of a potential conflict, the affected individual shall recuse themselves from discussions and votes on any matter in which they have a conflict of interest. The board chair shall maintain records of all conflict disclosures and any actions taken in response. The organization shall provide all incoming board members, officers, and key employees with a copy of this policy upon assuming their roles. While the board does not conduct formal annual reviews of this policy, the board chair may periodically assess its effectiveness and propose updates as needed. This policy shall be made available to all stakeholders upon request and shall be included in the organization's operational documents.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Beyond Capital Fund
EIN
27-0221990
Phone
9789444887
Address
25 HIGHLAND PARK VILLAGE 100-317, DALLAS, TX 75205

Signing Officer

Name
Eva Yazhari
Title
Chief Exec Officer
Phone
6463449723
Signed
2025-09-08

Organization Details

Principal Officer
Eva Yazhari
Formed
2009
Legal Domicile
De
Voting Board Members
5
Independent Board Members
4
Employees
1
Volunteers
3

Preparer

Firm
Brytebridge Consulting LLC
Address
7021 UNIVERSITY BLVD, WINTER PARK, FL 32792-6719
Preparer
Ariana Stubbs
Phone
8778579002
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Beyond capital fund (bcf) is a women-led evergreen fund structured as a u.s. 501(c)3 nonprofit entity that has been a pioneer in impact and gender lens investing. Since 2009, bcf has invested in conscious leaders building enterprises to address the growing needs of one billion consumers lacking access to basic goods and services in nascent markets of africa and india. Our verticals span agriculture, sanitation & waste, financial inclusion, and healthcare.

Form 990, Page 2, Part III, Line 4A

What do we do? We are a social impact fund that invests in for-profit social enterprises throughout india and east africa. Though we seek market rate financial returns, beyond capital is structured as a nonprofit, and we can remain patient and not pressured by arbitrary fund horizons, which permits us to emphasize fidelity to our social mission alongside our financial mandate. For whom do we do it? We invest in businesses focused on greater access to health care, water, sanitation and energy, as well as food security and financial inclusion, which can increase the quality of life and standard of living for consumers at the bottom of the pyramid. When do we do it? Often, we are the first professional investment capital and can be deployed in conjunction with foundation grants or repayable development grant capital. We exist in a capital gap professional investors are in short supply because social enterprises appear higher risk in developing markets. Our expertise and familiarity with these markets, mitigates the challenges of investing in what are perceived high-risk investments for others. How do we do it? We tackle the lack of capital for social enterprises by providing seed stage investment, management advisory, pro bono resources and mentoring. We make "seed" investments in early-stage companies. At the time we invest, our companies have defined their business challenges and operations and meeting the market working to validate their business model. It's inherent in our name. In addition to capital, we provide "beyond capital" resources to social enterprises both in and out of our capital portfolio. It's a crucial part of our early stage investing strategy. Our "beyond capital" offerings include provision of pro- or low- bono legal and financial advisory assistance, as well as connection to our network of advisors and in some instances, involvement in our mentorship program. We bring like-minded investors, experts and other partner resources to participate in the conversation and to broaden the scope and reach of impact investing as a discipline.

Form 990, Part IX, Line 11G

Other contractors 0 57,215 0 marketing contractors 20,760 0 0 payroll administration 0 2,168 0 professional fees 1,718 0 0 engineering product & design 1,490 0 0 recruiting 0 1,279 0 total 23,968 60,662 0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2HASIRU DALA INNOVATIONS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3FRONTIER MARKETS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4KARMA HEALTHCARE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5AFRICA HEALTH HOLDINGS
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PLATFORM FOR GOODS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AMPERSAND USA INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1FRONTIER INNOVATIONS FOUNDATION
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02140 SOUTH DUPONT HIGHWAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt148 W 48TH STREET SUITE 1301
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IRS990ScheduleI/RecipientTable/USAddress/CityNm1NEW YORK
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BEYOND CAPITAL FUND (BCF) IS A WOMEN-LED EVERGREEN FUND STRUCTURED AS A U.S. 501(C)3 NONPROFIT ENTITY THAT HAS BEEN A PIONEER IN IMPACT AND GENDER LENS INVESTING. SINCE 2009, BCF HAS INVESTED IN CONSCIOUS LEADERS BUILDING ENTERPRISES TO ADDRESS THE GROWING NEEDS OF ONE BILLION CONSUMERS LACKING ACCESS TO BASIC GOODS AND SERVICES IN NASCENT MARKETS OF AFRICA AND INDIA. OUR VERTICALS SPAN AGRICULTURE, SANITATION & WASTE, FINANCIAL INCLUSION, AND HEALTHCARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WHAT DO WE DO? WE ARE A SOCIAL IMPACT FUND THAT INVESTS IN FOR-PROFIT SOCIAL ENTERPRISES THROUGHOUT INDIA AND EAST AFRICA. THOUGH WE SEEK MARKET RATE FINANCIAL RETURNS, BEYOND CAPITAL IS STRUCTURED AS A NONPROFIT, AND WE CAN REMAIN PATIENT AND NOT PRESSURED BY ARBITRARY FUND HORIZONS, WHICH PERMITS US TO EMPHASIZE FIDELITY TO OUR SOCIAL MISSION ALONGSIDE OUR FINANCIAL MANDATE. FOR WHOM DO WE DO IT? WE INVEST IN BUSINESSES FOCUSED ON GREATER ACCESS TO HEALTH CARE, WATER, SANITATION AND ENERGY, AS WELL AS FOOD SECURITY AND FINANCIAL INCLUSION, WHICH CAN INCREASE THE QUALITY OF LIFE AND STANDARD OF LIVING FOR CONSUMERS AT THE BOTTOM OF THE PYRAMID. WHEN DO WE DO IT? OFTEN, WE ARE THE FIRST PROFESSIONAL INVESTMENT CAPITAL AND CAN BE DEPLOYED IN CONJUNCTION WITH FOUNDATION GRANTS OR REPAYABLE DEVELOPMENT GRANT CAPITAL. WE EXIST IN A CAPITAL GAP PROFESSIONAL INVESTORS ARE IN SHORT SUPPLY BECAUSE SOCIAL ENTERPRISES APPEAR HIGHER RISK IN DEVELOPING MARKETS. OUR EXPERTISE AND FAMILIARITY WITH THESE MARKETS, MITIGATES THE CHALLENGES OF INVESTING IN WHAT ARE PERCEIVED HIGH-RISK INVESTMENTS FOR OTHERS. HOW DO WE DO IT? WE TACKLE THE LACK OF CAPITAL FOR SOCIAL ENTERPRISES BY PROVIDING SEED STAGE INVESTMENT, MANAGEMENT ADVISORY, PRO BONO RESOURCES AND MENTORING. WE MAKE "SEED" INVESTMENTS IN EARLY-STAGE COMPANIES. AT THE TIME WE INVEST, OUR COMPANIES HAVE DEFINED THEIR BUSINESS CHALLENGES AND OPERATIONS AND MEETING THE MARKET WORKING TO VALIDATE THEIR BUSINESS MODEL. IT'S INHERENT IN OUR NAME. IN ADDITION TO CAPITAL, WE PROVIDE "BEYOND CAPITAL" RESOURCES TO SOCIAL ENTERPRISES BOTH IN AND OUT OF OUR CAPITAL PORTFOLIO. IT'S A CRUCIAL PART OF OUR EARLY STAGE INVESTING STRATEGY. OUR "BEYOND CAPITAL" OFFERINGS INCLUDE PROVISION OF PRO- OR LOW- BONO LEGAL AND FINANCIAL ADVISORY ASSISTANCE, AS WELL AS CONNECTION TO OUR NETWORK OF ADVISORS AND IN SOME INSTANCES, INVOLVEMENT IN OUR MENTORSHIP PROGRAM. WE BRING LIKE-MINDED INVESTORS, EXPERTS AND OTHER PARTNER RESOURCES TO PARTICIPATE IN THE CONVERSATION AND TO BROADEN THE SCOPE AND REACH OF IMPACT INVESTING AS A DISCIPLINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HOOMAN YAZHARI EVA YAZHARI DIRECTOR PRESIDENT MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF TAX RETURN WAS PROVIDED TO GOVERNING BODY TO REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BEYOND CAPITAL FUND REQUIRES ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES TO ACT SOLELY IN THE BEST INTERESTS OF THE ORGANIZATION AND TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. A CONFLICT OF INTEREST ARISES WHEN A PERSON'S PRIVATE INTEREST INTERFERES OR APPEARS TO INTERFERE WITH BEYOND CAPITAL FUND'S INTERESTS. BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES MUST PROMPTLY DISCLOSE IN WRITING TO THE BOARD CHAIR ANY FINANCIAL INTEREST, BUSINESS AFFILIATION, OR RELATIONSHIP THAT COULD REASONABLY GIVE RISE TO A CONFLICT OF INTEREST. UPON DISCLOSURE OF A POTENTIAL CONFLICT, THE AFFECTED INDIVIDUAL SHALL RECUSE THEMSELVES FROM DISCUSSIONS AND VOTES ON ANY MATTER IN WHICH THEY HAVE A CONFLICT OF INTEREST. THE BOARD CHAIR SHALL MAINTAIN RECORDS OF ALL CONFLICT DISCLOSURES AND ANY ACTIONS TAKEN IN RESPONSE. THE ORGANIZATION SHALL PROVIDE ALL INCOMING BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES WITH A COPY OF THIS POLICY UPON ASSUMING THEIR ROLES. WHILE THE BOARD DOES NOT CONDUCT FORMAL ANNUAL REVIEWS OF THIS POLICY, THE BOARD CHAIR MAY PERIODICALLY ASSESS ITS EFFECTIVENESS AND PROPOSE UPDATES AS NEEDED. THIS POLICY SHALL BE MADE AVAILABLE TO ALL STAKEHOLDERS UPON REQUEST AND SHALL BE INCLUDED IN THE ORGANIZATION'S OPERATIONAL DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER CONTRACTORS 0 57,215 0 MARKETING CONTRACTORS 20,760 0 0 PAYROLL ADMINISTRATION 0 2,168 0 PROFESSIONAL FEES 1,718 0 0 ENGINEERING PRODUCT & DESIGN 1,490 0 0 RECRUITING 0 1,279 0 TOTAL 23,968 60,662 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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ReturnHeader/ReturnTs02025-09-08T14:34:14-04:00
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ReturnHeader/TaxPeriodEndDt02024-05-31
ReturnHeader/TaxYr02023

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