Civic Intelligence

The Somo Project

EIN 46-4140758 • 501(c)3 • New York, NY

Profile

The somo project provides training, mentorship and capital to impact entrepreneurs building businesses out of low-income urban areas.

543 West 122nd StNew York, NY 10027

www.somoafrica.org

Siviq Scores

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

Liabilities / Assets

48th percentile

0.06x

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

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

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

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

Net Margin

68th percentile

16%

Higher net margin than 68% of similar nonprofits.

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

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

84th percentile

29%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

38th percentile

1.4%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$1,421,353

Up $424,501 (+43%) from 2023

Liabilities

Up

$78,801

Up $78,801 from 2023

Net Assets

Up

$1,342,552

Up $345,700 (+35%) from 2023

Revenue

Up

$1,069,620

Up $6,780 (+0.6%) from 2023

Expenses

Down

$901,579

Down $63,541 (-6.6%) from 2023

Net Income

Up

$168,041

Up $70,321 (+72%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2017: $33,129Liabilities 2017: $0Net Assets 2017: $33,1292017Assets 2018: $110,743Liabilities 2018: $0Net Assets 2018: $110,7432018Assets 2019: $165,557Liabilities 2019: $0Net Assets 2019: $165,5572019Assets 2020: $393,745Liabilities 2020: $0Net Assets 2020: $393,7452020Assets 2021: $620,904Liabilities 2021: $0Net Assets 2021: $620,9042021Assets 2022: $854,608Liabilities 2022: $46,000Net Assets 2022: $808,6082022Assets 2023: $996,852Liabilities 2023: $0Net Assets 2023: $996,8522023Assets 2024: $1,421,353Liabilities 2024: $78,801Net Assets 2024: $1,342,5522024

Highlighted filing

2024

Assets$1,421,353
Liabilities$78,801
Net Assets$1,342,552

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2017: $92,938Expenses 2017: $71,220Net Income 2017: $21,7182017Revenue 2018: $175,230Expenses 2018: $151,083Net Income 2018: $24,1472018Revenue 2019: $294,314Expenses 2019: $239,500Net Income 2019: $54,8142019Revenue 2020: $543,027Expenses 2020: $339,201Net Income 2020: $203,8262020Revenue 2021: $657,172Expenses 2021: $642,970Net Income 2021: $14,2022021Revenue 2022: $1,040,334Expenses 2022: $751,109Net Income 2022: $289,2252022Revenue 2023: $1,062,840Expenses 2023: $965,120Net Income 2023: $97,7202023Revenue 2024: $1,069,620Expenses 2024: $901,579Net Income 2024: $168,0412024

Highlighted filing

2024

Revenue$1,069,620
Expenses$901,579
Net Income$168,041

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Gross Receipts
$1,069,620
Mission and Program Overview

Mission

Somos mission is to partner with entrepreneurs from low-income communities to build self-sustaining, high-impact businesses, providing them with the training, mentorship, capital and market access they need to succeed.

Registered 501(c)(3) that provides training, mentorship, and capital to entrepreneurs building businesses out of low income urban.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$996,852$1,342,552▲ $345,700
Cash and Non-Interest-Bearing Accounts$840,101$997,507▲ $157,406
Investments in Publicly Traded Securities-$272,500-
Land, Buildings, and Equipment, Net$156,751$151,346▼ $5,405
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$996,852$1,421,353▲ $424,501
Liabilities
Unsecured Notes Loans Payable-$78,801-
Total Liabilities$0$78,801▲ $78,801
Net Assets / Fund Balance
Total Net Assets Fund Balance$996,852$1,342,552▲ $345,700
Total Liabilities and Net Assets / Fund Balance$996,852$1,421,353▲ $424,501

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$103,116$12,519$115,635
Equipment$48,230$65,932$114,162
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Edel WereBoard Chair
Charles WarriaBoard Member
Eskor JohnBoard Member
Fiona KirubiBoard Member
Kagure WamunyuBoard Member
Amelia Hopkins PhillipsCEO
Brittany RydenSecretary
Tom PhillipsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,048,393
Program Service Revenue
$2,614
Investment Income
$18,613
Other Revenue
$0
All Other Contributions
$1,048,393
Change in Net Assets
$168,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$870,051
Professional Fundraising Fees$31,528
Total Fundraising Expense$31,528
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$793,985$0$0$793,985
Fees for Services Professional Fundraising--$31,528$31,528
Information Technology-$31,502-$31,502
Fees for Services Other-$14,939-$14,939
Depreciation Depletion$9,766$4,185-$13,951
Fees for Services Accounting-$11,367-$11,367
Advertising$3,278$365-$3,643
All Other Expenses-$664-$664
Total Functional Expenses$807,029$63,022$31,528$901,579
International Activity

International Summary

Offices
1
Employees
20
Spending
$793,985

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
Sub-Saharan AfricaProgram ServicesProvide Training/mentoring Services120$793,985
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$31,528
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
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, Part VI, Section A, Line 2

Two board members have a familial relationship. Tom phillips is the father of amelia hopkins phillips.

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

The return preparer emails a copy of the final version of form 990 to each board member before it was filed.

Form 990, Part VI, Section B, Line 12C

Periodical written documents and reviews on disclosure for compliance with conflicts of interest policy.

Form 990, Part VI, Section C, Line 19

Governing documents are made available to the public upon request. The form 990 is made available to the public via irs.gov and guidestar.org.

Filing and Contact Details

Filer

Filer Name
The Somo Project
EIN
46-4140758
Phone
9144262055
Address
543 WEST 122ND ST, NEW YORK, NY 10027

Signing Officer

Name
Amelia Hopkins Phillips
Title
CEO
Phone
9144262055
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lilian Wanjiku
Formed
2014
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
7

Preparer

Firm
Easy Office Dba Jitasa
Address
1120 S RACKHAM WAY SUITE 300, MERIDIAN, ID 83642
Preparer
Jeremy Cork
Phone
2082874777
Raw XML AppendixShowing 400 of 451 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/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0REGISTERED 501(C)(3) THAT PROVIDES TRAINING, MENTORSHIP, AND CAPITAL TO ENTREPRENEURS BUILDING BUSINESSES OUT OF LOW INCOME URBAN.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0365
IRS990/AdvertisingGrp/ProgramServicesAmt03278
IRS990/AdvertisingGrp/TotalAmt03643
IRS990/AllOtherContributionsAmt01048393
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0664
IRS990/AllOtherExpensesGrp/TotalAmt0664
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/PersonNm0AMELIA HOPKINS PHILLIPS
IRS990/BooksInCareOfDetail/PhoneNum09144262055
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0543 WEST 122ND ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010027
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0840101
IRS990/CashNonInterestBearingGrp/EOYAmt0997507
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01048393
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt018613
IRS990/CYOtherExpensesAmt0870051
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02614
IRS990/CYRevenuesLessExpensesAmt0168041
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0901579
IRS990/CYTotalFundraisingExpenseAmt031528
IRS990/CYTotalProfFndrsngExpnsAmt031528
IRS990/CYTotalRevenueAmt01069620
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04185
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09766
IRS990/DepreciationDepletionGrp/TotalAmt013951
IRS990/Desc0DIGISOMO & TRAINING AND ACCELERATION & BUSINESS INCUBATION: TRAINING TO ENTREPRENEURS IN MARGINALIZED COMMUNITIES. THROUGH SOMO ACADEMY, OUR TRAINING PROGRAM, SOMO FOCUSES ON ENTREPRENEURS FROM LOW-INCOME BACKGROUNDS (INCLUDING REFUGEE CAMPS) BUILDING BUSINESSES WITH THE POTENTIAL FOR JOB CREATION. SOMO HAS ALREADY DEVELOPED CONTENT SPECIALLY FOCUSED ON SPECIFIC BUSINESSES, FOR EXAMPLE GREEN AND SOCIAL BUSINESSES IMPLEMENTED AS PART OF THIS PROGRAM. THE TRAINING IS TAILORED TO THE NEEDS OF EACH ENTREPRENEUR AND DRIVEN BY THE MARKET RESEARCH THEY CONDUCT WITH OUR ASSISTANCE, STARTING WITH PROBLEM-SOLVING AND IDEATION, ENCOMPASSING MARKET RESEARCH, BUSINESS PLANNING, FINANCIAL MODELING AND DIGITAL LITERACY, AND FINISHING WITH CAPITALIZING A BUSINESS AND A PRESENTATION TO VOLUNTEER JUDGES BY EACH ENTREPRENEUR. ACCELERATION: SOMO LEADS ON PROGRAMME APPROACH TO BUSINESS ACCELERATION FOR TARGETED ENTREPRENEURS. SOMO'S ACCELERATION PROGRAMME ALLOWS MSMES TO LEVERAGE ON THE ACQUIRED KNOWLEDGE AND SKILLS FROM DIGISOMO AND SOMO ACADEMY, AND ADOPT NEW BUSINESS PRACTICES TO GENERATE MORE REVENUE, HAVE ACCESS TO BETTER FINANCING, CREATE MORE QUALITY JOBS ACROSS THE VALUE CHAIN, AND PROVIDE BETTER PRODUCTS OR SERVICES TO ADDRESS DEMAND IN NEW MARKETS. DURING ACCELERATION, ENTREPRENEURS ARE FURTHER MENTORED, TRAINED, AND RECEIVE ACCESS TO SOMO INVEST. BUSINESS INCUBATION: SELECT ENTREPRENEURS (USUALLY THOSE MANUFACTURING FOOD, BEAUTY AND CRAFT PRODUCTS IN OUR TARGET PRODUCT LINE) HAVE ACCESS TO TENGENEZA FOR AFFORDABLE PRODUCTION, QUALITY CONTROL, BRANDING, MARKETING AND SALES SUPPORT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0807029
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011367
IRS990/FeesForServicesAccountingGrp/TotalAmt011367
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt014939
IRS990/FeesForServicesOtherGrp/TotalAmt014939
IRS990/FeesForServicesProfFundraising/FundraisingAmt031528
IRS990/FeesForServicesProfFundraising/TotalAmt031528
IRS990/ForeignActivitiesInd01
IRS990/ForeignCountryCd0KE
IRS990/ForeignCountryCd1TZ
IRS990/ForeignFinancialAccountInd01
IRS990/ForeignOfficeInd01
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0AMELIA HOPKINS PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm1EDEL WERE
IRS990/Form990PartVIISectionAGrp/PersonNm2BRITTANY RYDEN
IRS990/Form990PartVIISectionAGrp/PersonNm3TOM PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm4CHARLES WARRIA
IRS990/Form990PartVIISectionAGrp/PersonNm5KAGURE WAMUNYU
IRS990/Form990PartVIISectionAGrp/PersonNm6ESKOR JOHN
IRS990/Form990PartVIISectionAGrp/PersonNm7FIONA KIRUBI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01069620
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt031502
IRS990/InformationTechnologyGrp/TotalAmt031502
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt018613
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt018613
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0272500
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt078451
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0156751
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0151346
IRS990/LandBldgEquipCostOrOtherBssAmt0229797
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SOMO PROJECT PROVIDES TRAINING, MENTORSHIP AND CAPITAL TO IMPACT ENTREPRENEURS BUILDING BUSINESSES OUT OF LOW-INCOME URBAN AREAS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0996852
IRS990/NetAssetsOrFundBalancesEOYAmt01342552
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt0793985
IRS990/OtherExpensesGrp/TotalAmt0793985
IRS990/OtherRevenueTotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LILIAN WANJIKU
IRS990/PriorPeriodAdjustmentsAmt0177659
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PRODUCT SALES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02614
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02614
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01052940
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09900
IRS990/PYOtherExpensesAmt0902225
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt097720
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0965120
IRS990/PYTotalProfFndrsngExpnsAmt062895
IRS990/PYTotalRevenueAmt01062840
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0168041
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02614
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0996852
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01342552
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01048393
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01052940
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01040334
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0657172
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0543027
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04341866
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018613
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09900
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt028513
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02849
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49852
IRS990ScheduleA/PublicSupportPY170Pct00.55788
IRS990ScheduleA/PublicSupportTotal170Amt02178712
IRS990ScheduleA/SubstantialContributorsTotAmt02163154
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01048393
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01052940
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01040334
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0657172
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0543027
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04341866
IRS990ScheduleA/TotalSupportAmt04370379
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt048230
IRS990ScheduleD/EquipmentGrp/DepreciationAmt065932
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0114162
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0103116
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt012519
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0115635
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0151346
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt020
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0793985
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0PROVIDE TRAINING/MENTORING SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0SOMO HAS WELL-PREPARED DOCUMENTATION (I.E. OPERATING REPORTS AND BUDGETS) TO TRACK AND MONITOR HOW THE GRANTS ARE ALLOCATED AND USED.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule F, Part I, Line 2
IRS990ScheduleF/TotalEmployeeCnt020
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0793985
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0GRANT WRITING
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-31528
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0SMARTER GOOD INC
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt031528
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0180 9TH AVENUE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0SAN FRANCISCO
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd094118
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0CA
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt00
IRS990ScheduleG/TotalNetToOrganizationAmt0-31528
IRS990ScheduleG/TotalRetainedByContractorsAmt031528
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO BOARD MEMBERS HAVE A FAMILIAL RELATIONSHIP. TOM PHILLIPS IS THE FATHER OF AMELIA HOPKINS PHILLIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN PREPARER EMAILS A COPY OF THE FINAL VERSION OF FORM 990 TO EACH BOARD MEMBER BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PERIODICAL WRITTEN DOCUMENTS AND REVIEWS ON DISCLOSURE FOR COMPLIANCE WITH CONFLICTS OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC VIA IRS.GOV AND GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0996852
IRS990/TotalAssetsEOYAmt01421353
IRS990/TotalAssetsGrp/BOYAmt0996852
IRS990/TotalAssetsGrp/EOYAmt01421353
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01048393
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt031528
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt063022
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0807029
IRS990/TotalFunctionalExpensesGrp/TotalAmt0901579
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt078801
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt078801
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0996852
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01342552
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0807029
IRS990/TotalProgramServiceRevenueAmt02614

Document Assets

No mirrored PDF or thumbnail assets are attached yet.