Civic Intelligence

Social Performance Task Force Inc

EIN 46-1392259 • 501(c)3 • Bethesda, MD

Profile

To promote and support effective social performance management standards (universal standards for social performance management) throughout the global microfinance industry in order to create responsible and ethical business practices among financial service providers.

7816 Carteret RdBethesda, MD 20817

sptf.info

Siviq Scores

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

Liabilities / Assets

46th percentile

0.05x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.06x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

4th percentile

-77%

Higher net margin than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

90th percentile

$203,610

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 15.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

5th percentile

-44%

Faster asset growth than 5% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

53%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,768,993

Down $1,391,301 (-44%) from 2023

Liabilities

Down

$82,683

Down $257,688 (-76%) from 2023

Net Assets

Down

$1,686,310

Down $1,133,613 (-40%) from 2023

Revenue

Up

$1,296,467

Up $447,068 (+53%) from 2023

Expenses

Down

$2,297,115

Down $339,928 (-13%) from 2023

Net Income

Up

-$1,000,648

Up $786,996 (+44%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $897,931Liabilities 2013: $48Net Assets 2013: $897,8832013Assets 2014: $758,303Liabilities 2014: $3,225Net Assets 2014: $755,0782014Assets 2015: $3,855,463Liabilities 2015: $127,687Net Assets 2015: $3,727,7762015Assets 2016: $2,634,538Liabilities 2016: $78,149Net Assets 2016: $2,556,3892016Assets 2017: $3,763,795Liabilities 2017: $82,108Net Assets 2017: $3,681,6872017Assets 2018: $5,906,870Liabilities 2018: $139,874Net Assets 2018: $5,766,9962018Assets 2019: $5,096,380Liabilities 2019: $289,302Net Assets 2019: $4,807,0782019Assets 2020: $3,072,397Liabilities 2020: $288,191Net Assets 2020: $2,784,2062020Assets 2021: $1,718,665Liabilities 2021: $281,332Net Assets 2021: $1,437,3332021Assets 2022: $5,103,678Liabilities 2022: $593,703Net Assets 2022: $4,509,9752022Assets 2023: $3,160,294Liabilities 2023: $340,371Net Assets 2023: $2,819,9232023Assets 2024: $1,768,993Liabilities 2024: $82,683Net Assets 2024: $1,686,3102024

Highlighted filing

2024

Assets$1,768,993
Liabilities$82,683
Net Assets$1,686,310

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2013: $1,937,434Expenses 2013: $1,220,444Net Income 2013: $716,9902013Revenue 2014: $1,123,029Expenses 2014: $1,265,834Net Income 2014: -$142,8052014Revenue 2015: $2,378,325Expenses 2015: $1,577,445Net Income 2015: $800,8802015Revenue 2016: $619,266Expenses 2016: $1,754,843Net Income 2016: -$1,135,5772016Revenue 2017: $2,611,133Expenses 2017: $1,616,577Net Income 2017: $994,5562017Revenue 2018: $3,937,748Expenses 2018: $1,732,286Net Income 2018: $2,205,4622018Revenue 2019: $1,379,318Expenses 2019: $2,260,031Net Income 2019: -$880,7132019Revenue 2020: $142,453Expenses 2020: $2,427,109Net Income 2020: -$2,284,6562020Revenue 2021: $927,624Expenses 2021: $2,143,314Net Income 2021: -$1,215,6902021Revenue 2022: $5,163,267Expenses 2022: $2,127,112Net Income 2022: $3,036,1552022Revenue 2023: $849,399Expenses 2023: $2,637,043Net Income 2023: -$1,787,6442023Revenue 2024: $1,296,467Expenses 2024: $2,297,115Net Income 2024: -$1,000,6482024

Highlighted filing

2024

Revenue$1,296,467
Expenses$2,297,115
Net Income-$1,000,648

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.08$1.69$1.30$2.30$1.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.16$0.34$2.82$0.85$2.64$1.79
2022Detailed filing. Detailed filing data is available for this year.$5.10$0.59$4.51$5.16$2.13$3.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.28$1.44$0.93$2.14$1.22
2020Detailed filing. Detailed filing data is available for this year.$3.07$0.29$2.78$0.14$2.43$2.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.10$0.29$4.81$1.38$2.26$0.88
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.91$0.14$5.77$3.94$1.73$2.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.76$0.08$3.68$2.61$1.62$0.99
2016Detailed filing. Detailed filing data is available for this year.$2.63$0.08$2.56$0.62$1.75$1.14
2015Detailed filing. Detailed filing data is available for this year.$3.86$0.13$3.73$2.38$1.58$0.80
2014Summary only. Only limited summary data is available for this year.$0.76$0.00$0.76$1.12$1.27$0.14
2013Summary only. Only limited summary data is available for this year.$0.90$0.00$0.90$1.94$1.22$0.72
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$5,163,267
Mission and Program Overview

Mission

To promote and support effective social performance management standards (universal standards for social performance management) throughout the global microfinance industry in order to create responsible and ethical business practices among financial service providers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$609,283$3,769,325▲ $3,160,042
Savings and Temporary Cash Investments$930,256$892,267▼ $37,989
Cash and Non-Interest-Bearing Accounts$145,719$352,379▲ $206,660
Accounts Receivable$4,615$62,034▲ $57,419
Prepaid Expenses and Deferred Charges$14,820$19,910▲ $5,090
Land, Buildings, and Equipment, Net$13,972$7,763▼ $6,209
Total Assets$1,718,665$5,103,678▲ $3,385,013
Liabilities
Accounts Payable and Accrued Expenses$281,332$593,703▲ $312,371
Total Liabilities$281,332$593,703▲ $312,371
Net Assets / Fund Balance
Net Assets With Donor Restrictions$902,920$4,335,138▲ $3,432,218
Net Assets Without Donor Restrictions$534,413$174,837▼ $359,576
Total Net Assets Fund Balance$1,437,333$4,509,975▲ $3,072,642
Total Liabilities and Net Assets / Fund Balance$1,718,665$5,103,678▲ $3,385,013

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,763$86,502$94,265
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura FooseExecutive DirectorFT$196,671$5,900$202,571
Amelia GreenbergDeputy DirectorFT$182,151$5,464$187,615

Board Members and Trustees

NameTitle
Frank DegiovanniChair Emeritus
Loic De CanniereChairman
Allan Robert SicatBoard Member
Bonnie BruskyBoard Member
Charlotte FauquembergueBoard Member
Daniel RozasBoard Member
Edgardo PreciadoBoard Member
Emmanuelle JavoyBoard Member
Eugenie ConstanciasBoard Member
Frank StreppelBoard Member
Malkhaz DzadzuaBoard Member
Mohamed AttandaBoard Member
Paul WeberBoard Member
Tom ShawBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Cerise MicrofinanceConsulting600 PRINCESS ANNE STREET STE 651, Fredericksburg, VA 22404, Fr$373,135
Anne Folan & AssociatesCreative Editorial Services7501 WISCONSIN AVENUE SUITE 1200W, Bethesda, MD 20814$235,200
Calibre CPA Group PllcAccounting-$132,397
Revenue and Support

Revenue Composition

Contributions and Grants
$5,124,379
Program Service Revenue
$0
Investment Income
$3,016
Other Revenue
$35,872
All Other Contributions
$5,014,193
Change in Net Assets
$3,036,155

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,163,267
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$36,487
Total Revenue per Audited Statements
$5,199,754
Total Revenue per Form 990
$5,163,267
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,676,061
Salaries, Compensation, and Employee Benefits$451,051
Total Fundraising Expense$21,669
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,255,482$109,948-$1,365,430
Current Officers, Directors, Trustees, and Key Employees$351,827$16,691$21,669$390,187
Fees for Services Accounting$120,151$10,929-$131,080
Travel$66,176$2,747-$68,923
Conferences and Meetings$45,875$320-$46,195
Payroll Taxes$23,991$2,633-$26,624
Other Salaries and Wages$25,972$3-$25,975
Information Technology$7,264$10,833-$18,097
Office Expenses$5,306$2,966-$8,272
Other Employee Benefits$6,938$547-$7,485
Depreciation Depletion$5,729$481-$6,210
Occupancy$6,117--$6,117
All Other Expenses$1,828$537-$2,365
Other Expenses$2,013$187-$2,200
Pension Plan Contributions$780--$780
Fees for Services Legal$115$540-$655
Total Functional Expenses$1,940,011$165,432$21,669$2,127,112

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,127,112
Total Expenses per Audited Statements$2,127,112
Total Expenses per Form 990$2,127,112
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
74
Spending
$675,009

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland and Greenland)Program ServicesResearch, Standards Development020$324,561
Sub-saharan AfricaProgram ServicesCo-funding Technical Assistance to Improve Social and Environmental Performance Management024$116,464
South AsiaProgram ServicesCo-funding Technical Assistance to Improve Social and Environmental Performance Management09$113,209
Central America and CaribbeanProgram ServicesCo-funding Technical Assistance to Improve Social and Environmental Performance Management016$88,349
East Asia and the PacificProgram ServicesCo-funding Technical Assistance to Improve Social and Environmental Performance Management03$22,781
South AmericaProgram ServicesCo-funding Technical Assistance to Improve Social and Environmental Performance Management02$9,645
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
No
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section A, Line 6

Organizations and individuals involved in the field of microfinance, especially organizations involved in the promotion of social performance monitoring, management and reporting. There are two categories of members: organizations and individuals. Organizational members may include microfinance providers(microfinance institutions, micro finance banks, microfinance holding companies), donor, social investors, microfinance associations, support organization, (international micro finance network ngos, consulting firms, academic institutions and research organizations), micro finance information services, auditing and rating agencies. Individual members may include any persons interested in and committed to supporting and implementing the universal standards for social performance management(the "standards").

Form 990, Part VI, Section A, Line 7A

Sptf by-laws describe the process that members take to elect the board. The sptf has board members elected by the members in each major stakeholder category of the sptf work. Two board members are elected per stakeholder group. Up to three board members can be "appointed" to the board ub order to ensure representation from each region of the world.

Form 990, Part VI, Section A, Line 8B

There are no other committees.

Form 990, Part VI, Section B, Line 11B

The return is prepared and reviewed by an outside cpa firm, then it is reviewed by the exective director.

Form 990, Part VI, Section B, Line 15

Compensation for employees was determined by a combination of factors: 1) market value comparison of salaries and benefits of three similar institutions in microfinance industry offered by mix market, smart campaign and mf transparency 2) evaluation of salaries with non-profit compensation studies for washington, dc and for new york, ny -- professionals for nonprofits, pnp staffing group

Form 990, Part VI, Section C, Line 19

The organization provided documents upon request.

Filing and Contact Details

Filer

Filer Name
Social Performance Task Force Inc
EIN
46-1392259
Phone
3017678957
Address
7816 CARTERET RD, BETHESDA, MD 20817

Signing Officer

Name
Laura Foose
Title
Executive Director
Phone
3017678957
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Foose
Formed
2012
Legal Domicile
De
Voting Board Members
14
Independent Board Members
14
Employees
4
Volunteers
0

Preparer

Firm
Calibre CPA Group Pllc
Address
7501 WISCONSIN AVENUE SUITE 1200, WEST, BETHESDA, MD 20814
Preparer
Kristin a Jacquelin CPA
Phone
2023319880
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

The mission of the corporation is to engage with mircofinance stakeholders to develop, disseminate and promote standards and good practices for social performance management and reporting. The corporation shall achieve its mission by: (a) providing a platform for dialogue, learning and collaboration; (b) facilitating engagement and advocacy across the industry at all levels - practitioners, networks, support agencies, donors, investors and regulatory authorities; (c) working towards setting industry standards for social performance management, measurement, monitoring, reporting and training; (d) promoting good practices and demostrated success of microfinance providers engaged in social performance management; and (g) gathering quality evidence and research to demonstrate the business case for social performance management.

Form 990, Part IX, Line 11G

Consulting fees: program service expenses 1,254,100. Management and general expenses 109,948. Fundraising expenses 0. Total expenses 1,364,048. Translators: program service expenses 1,382. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,382.

FORM 990, PART XI, LINE 9:

Gain/loss on currency translations 36,487.

Financial Statement Notes

PART X, LINE 2:

The organization accounts for income taxes in accordance with the accounting standards codification (asc) topic income taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition and derecognition of tax positions taken or expected to be taken in a tax return. The organization performed an evaluation of uncertain tax positions for the years ended december 31, 2022 and 2021, and determined that there were no matters that would require recognition in the financial statements or that may have an effect on its tax-exempt status. As of december 31, 2022, the statute of limitations for tax years 2019 through 2021 remains open with the u.s. Federal jurisdiction and the various states and local jurisdictions in which the organization files returns. It is the organization's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in unrelated business income tax expense.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Gain on currency translations 36,487.

Raw XML AppendixShowing 400 of 623 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0281332
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0593703
IRS990/AccountsReceivableGrp/BOYAmt04615
IRS990/AccountsReceivableGrp/EOYAmt062034
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE AND SUPPORT EFFECTIVE SOCIAL PERFORMANCE MANAGEMENT STANDARDS (UNIVERSAL STANDARDS FOR SOCIAL PERFORMANCE MANAGEMENT) THROUGHOUT THE GLOBAL MICROFINANCE INDUSTRY IN ORDER TO CREATE RESPONSIBLE AND ETHICAL BUSINESS PRACTICES AMONG FINANCIAL SERVICE PROVIDERS.
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IRS990/AllOtherExpensesGrp/TotalAmt02365
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0LAURA FOOSE
IRS990/BooksInCareOfDetail/PhoneNum02027441777
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07816 CARTERET ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BETHESDA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020817
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IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
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IRS990/ContractorCompensationGrp/CompensationAmt1235200
IRS990/ContractorCompensationGrp/CompensationAmt2132397
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0600 PRINCESS ANNE STREET STE 651
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt17501 WISCONSIN AVENUE SUITE 1200W
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0FREDERICKSBURG
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CERISE MICROFINANCE
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1ANNE FOLAN & ASSOCIATES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2CALIBRE CPA GROUP PLLC
IRS990/ContractorCompensationGrp/ServicesDesc0CONSULTING
IRS990/ContractorCompensationGrp/ServicesDesc1CREATIVE EDITORIAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc2ACCOUNTING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05124379
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IRS990/CYSalariesCompEmpBnftPaidAmt0451051
IRS990/CYTotalExpensesAmt02127112
IRS990/CYTotalFundraisingExpenseAmt021669
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05163267
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0481
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05729
IRS990/DepreciationDepletionGrp/TotalAmt06210
IRS990/Desc0SETTING AND PROMOTING STANDARDS:THE UNIVERSAL STANDARDS FOR FINANCIAL SERVICE PROVIDERS WERE FIRST LAUNCHED IN 2012 AND UPDATED IN 2016. SPTF MANAGES A TECHNICAL REVIEW COMMITTEE (TRC) TO FOLLOW A TRANSPARENT AND USER-DRIVEN STANDARD REVISION PROCESS BASED ON THE ISEAL CODE OF GOOD PRACTICE FOR SETTING SOCIAL AND ENVIRONMENTAL STANDARDS. THE REVISED STANDARDS HAVE BEEN DESIGNED TO KEEP PACE WITH THE FINANCIAL SECTOR INDUSTRY'S NEEDS AND PROVIDE NEW GUIDELINES ON RESPONSIBLE SAVINGS AND INSURANCE PRODUCTS, AS WELL AS DELIVERY CHANNELS USING DIGITAL SERVICES AND AGENT MODELS, ALL WITH AN EYE TOWARD MITIGATING RISK AND CREATING BENEFITS FOR CLIENTS. THE UNIVERSAL STANDARDS ALSO INCLUDE NEW CONTENT ON RESPONSIBILITY TO THE ENVIRONMENT. THE TRC REVIEWS THE UNIVERSAL STANDARDS EVERY 3 YEARS. SPTF IS IN CHARGE OF GATHERING AND PROCESSING ALL FEEDBACK RECEIVED FROM THE INCLUSIVE FINANCE INDUSTRY, AS WELL AS WITH THE BROADER IMPACT INVESTMENT COMMUNITY. MANAGE EFFECTIVE COMMUNICATIONS - AFTER RELEASING THE UNIVERSAL STANDARDS IN 2012, SPTF DEVELOPED SEVERAL RESOURCES TO HELP WITH THEIR AWARENESS AND IMPLEMENTATION, SUCH AS BRIEF HANDOUTS, MESSAGE MANUALS, THE UNIVERSAL STANDARDS IMPLEMENTATION GUIDE, CASE STUDIES, GUIDANCE NOTES, AND VIDEOS OF EARLY ADOPTERS. SPTF ALSO COMMUNICATES VIA SOCIAL MEDIA.CONDUCT TRAININGS AND WORKSHOPS - SPTF ATTENDS SELECT CONFERENCES AROUND THE WORLD TO OFFER TRAININGS ON THE UNIVERSAL STANDARDS AND SUPPORTING TOOLS AND RESOURCES. SPTF ALSO CONDUCTS MONTHLY ONLINE WEBINAR TRAININGS AND WORKING GROUP MEETINGS TO HIGHLIGHT CASE STUDIES OF GOOD PRACTICE, TO PROVIDE OVERVIEWS OF ASSESSMENT AND REPORTING TOOLS, AND TO SUPPORT PEER TO PEER LEARNING. MANAGE THE SOCIAL INVESTOR WORKING GROUP (SIWG) - THE SIWG HAS +300 INVESTORS FROM +120 ORGANIZATIONS. IT IS A MEMBER-LED GROUP THAT THE SPTF SECRETARIAT BACKSTOPS, COORDINATING LOGISTICS OF ALL MEETINGS, WEBINARS, AND UPDATES OF INITIATIVES. SPTF ANNUAL MEETING - SINCE 2005, THE SPTF HAS BEEN CONDUCTING AN ANNUAL MEETING WHERE INDUSTRY STAKEHOLDERS FROM AROUND THE WORLD COME TOGETHER FOR SEVERAL DAYS OF THOUGHT-PROVOKING DISCUSSIONS ON CORE AND EMERGING TOPICS IN THE FIELD. MEMBERS HAVE DESCRIBED THE MEETING AS "THE STATE OF PRACTICE IN SOCIAL PERFORMANCE AND RESPONSIBLE FINANCE". THIS MEETING IS KEY TO UNDERSTANDING THE PROGRESS AND CHALLENGES IN THE IMPLEMENTATION OF THE UNIVERSAL STANDARDS. THE MEETING IS CONDUCTED IN A DIFFERENT REGION OF THE WORLD EACH YEAR TO ENSURE ALL SPTF MEMBERS CAN ATTEND THROUGHOUT THE YEARS. IN THE LAST FEW YEARS, MEETINGS HAVE ALSO ALLOWED THE SPTF TO ENGAGE WITH REGULATORS AND ALSO INCLUDED FIELD TRIPS TO LOCAL FSPS. SECRETARIAT STAFF COORDINATE ALL MEETING LOGISTICS AND DEVELOP AGENDA AND CONTENT OF DISCUSSIONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
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IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
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IRS990/ProgSrvcAccomActy2Grp/Desc0ASSESSING, IMPROVING, DEMONSTRATING:SPTF HAS WORKED WITH ONE OF ITS MEMBERS, CERISE, TO DEVELOP A FREE ASSESSMENT TOOL (CALLED THE SPI4) THAT ENABLES FSPS TO ASSESS THEIR SOCIAL PERFORMANCE MANAGEMENT PRACTICES AGAINST THE UNIVERSAL STANDARDS. THIS TOOL ALLOWS FSPS TO UNDERSTAND THEIR SPM STRENGTHS AND WEAKNESSES AND CREATE AN ACTION PLAN FOR IMPROVEMENT. SPTF DOES NOT DIRECTLY PROVIDE TECHNICAL ASSISTANCE TO FSPS BECAUSE THAT WOULD COMPETE WITH ITS MEMBERS. RATHER, SPTF WORKS TO MAKE SURE THAT THE MOST UPDATED TRAININGS, RESOURCES, AND TOOLS ARE AVAILABLE TO FSPS AND TA PROVIDERS, AND THAT THEY KNOW HOW TO USE THEM. SPTF ALSO CONDUCTS ONLINE TRAININGS AND PROVIDES FREE RESOURCES IN SEVERAL LANGUAGES TO HELP IMPROVE PRACTICES RELATED TO THE UNIVERSAL STANDARDS.TO ADVANCE WORK ON DEMONSTRATING OUTCOMES, THE SPTF RUNS THE OUTCOMES WORKING GROUP TO DEVELOP GUIDELINES BOTH FOR INVESTORS AND FOR FSPS FOR MEASURING AND MANAGING OUTCOMES AS WELL AS TO CREATE A LIST OF COMMON OUTCOME INDICATORS IN THE AREAS OF POVERTY/HOUSING/ASSETS, BUSINESS, AND RESILIENCE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0REPORTING & DEMONSTRATING:REPORTING ON SPM DATA HELPS THE RESPONSIBLE INCLUSIVE FINANCE SECTOR BE TRANSPARENT, ENSURES THE DATA IS AVAILABLE TO INVESTORS, AND ALLOWS THE INDUSTRY TO BENCHMARK AND ANALYZE TRENDS. SPTF PLAYS A COORDINATING ROLE IN THIS ACTIVITY AS MIX, CERISE AND THE RATING AGENCIES CONDUCT THE VAST MAJORITY OF THE DIRECT WORK IN COLLECTION OF DATA. SPTF IS MANAGING DISCUSSION AMONGST THESE ACTORS TO CONSOLIDATE THIS SPM INFORMATION ONTO A COMMON DATA PLATFORM SO THAT IT IS MORE ACCESSIBLE TO USERS.
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