Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
Social Ventures Foundation
990EZ • Fiscal year 2023 • EIN 81-4489020
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
88.06x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
90th percentile
Higher top officer pay than 90% of similar nonprofits.
Top officer pay equals 34.8% of source-year revenue.
Asset Growth
98th percentile
Faster asset growth than 98% of similar nonprofits.
Revenue Growth
98th percentile
Faster revenue growth than 98% of similar nonprofits.
Balance Sheet
Assets
Up$6,483
Up $5,426 (+513%) from 2022
Net Assets
Down-$564,401
Down $50,563 (-9.8%) from 2022
Liabilities
Up$570,884
Up $55,989 (+11%) from 2022
Revenue And Expenses
Revenue
Up$113,426
Up $97,212 (+600%) from 2022
Expenses
Down$163,989
Down $56,054 (-25%) from 2022
Net Income
Up-$50,563
Up $153,266 (+75%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Oct 2, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $113,426
Mission and Program Overview
Mission
Introducing a new paradigm in poverty reduction by identifying, promoting and facilitating the innovation and investments in startups and businesses that have products, services and/or employment programs that sustainably lift the livelihoods of the poor
Program Services
| Description | Grants | Expenses |
|---|---|---|
| VET AND BUILD A DATABASE OF BUSINESSES AND STARTUPS WORLDWIDE THAT HAVE PRODUCTS & SERVICES AND/OR JOB PROGRAMS THAT SUSTANIABLEY LIFT THE LIVELIHOODS OF THE POOR. PROMOTING AND HONORING THE MOST OUTSTANDING STARTUPS & BUSINESSES | - | $148,022 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARC BLUMENTHAL | Director | PT | $39,500 | - | $39,500 |
| STUART HART | Chairman | - | $0 | - | - |
| JOHN CHU | Treasurer/Se | - | $0 | - | - |
| RILWAN MEERAN | Director | - | $0 | - | - |
| PAUL POLAK | Director | - | $0 | - | - |
| JULIE MCBRIDE | Director | - | $0 | - | - |
| DON FERTMAN | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Social Ventures Foundation
- EIN
- 81-4489020
- Phone
- 6034336161
- Address
- 104 WASHINGTON STREET SUITE 126, DOVER, NH 03820
Signing Officer
- Name
- Marc Blumenthal
- Title
- Director
- Phone
- 6035702606
- Signed
- 2024-10-02
- Discuss with paid preparer
- Yes
Preparer
- Firm
- SANDERS & KARCHER CPA'S
- Address
- 264 LAFAYETTE RD STE 7, PORTSMOUTH, NH 03801
- Preparer
- Jerry D Karcher
- Phone
- 6034300942
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office 2,185 travel 6,088 interest 6,680 insurance 289 bank fees 3,670 late fees 3,702 dues 7,163 telephone 1,287 epic advertising 2,632 epic labor 105,590 total 139,286”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 1,257 8,515 grants payable 0 25,396 unsecured notes and loans payable 134,321 59,447 credit card 897 100,966 sba eidl loan 378,420 376,560”
Form 990-ez, Part III
“Introducing a new paradigm in poverty reduction by identifying, promoting and facilitating the innovation and investments in startups and businesses that have products, services and/or employment programs that sustainably lift the livelihoods of the poor”
Form 990-ez, Part III, Line 28
“Vet and build a database of businesses and startups worldwide that have products & services and/or job programs that sustaniabley lift the livelihoods of the poor. Promoting and honoring the most outstanding startups & businesses”
Raw XML Appendix152 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MARC BLUMENTHAL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6034336161 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 164 WASHINGTON STREET SUITE 126 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | DOVER |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NH |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 03820 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1057 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6483 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 113426 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -50563 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 14088 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1057 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6483 |
| IRS990EZ/GrossReceiptsAmt | 0 | 113426 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -513838 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -564401 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -513838 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -564401 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1437 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 8.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 39500 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | STUART HART |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JOHN CHU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | RILWAN MEERAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MARC BLUMENTHAL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | PAUL POLAK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JULIE MCBRIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | DON FERTMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER/SE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 139286 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | INTRODUCING A NEW PARADIGM IN POVERTY REDUCTION BY IDENTIFYING, PROMOTING AND FACILITATING THE INNOVATION AND INVESTMENTS IN STARTUPS AND BUSINESSES THAT HAVE PRODUCTS, SERVICES AND/OR EMPLOYMENT PROGRAMS THAT SUSTAINABLY LIFT THE LIVELIHOODS OF THE POOR |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 28 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | VET AND BUILD A DATABASE OF BUSINESSES AND STARTUPS WORLDWIDE THAT HAVE PRODUCTS & SERVICES AND/OR JOB PROGRAMS THAT SUSTANIABLEY LIFT THE LIVELIHOODS OF THE POOR. PROMOTING AND HONORING THE MOST OUTSTANDING STARTUPS & BUSINESSES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 148022 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 9150 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NH |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 514895 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 570884 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 163989 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 148022 |
| IRS990EZ/TotalRevenueAmt | 0 | 113426 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.SOCIALVENTURESFOUNDATION.ORG |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 113426 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 16214 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 31356 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 36468 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 151440 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 348904 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 348904 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 113426 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 16214 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 31356 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 36468 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 151440 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 348904 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 113426 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 16214 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 31356 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 36468 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 151440 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 348904 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE 2,185 TRAVEL 6,088 INTEREST 6,680 INSURANCE 289 BANK FEES 3,670 LATE FEES 3,702 DUES 7,163 TELEPHONE 1,287 EPIC ADVERTISING 2,632 EPIC LABOR 105,590 TOTAL 139,286 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,257 8,515 GRANTS PAYABLE 0 25,396 UNSECURED NOTES AND LOANS PAYABLE 134,321 59,447 CREDIT CARD 897 100,966 SBA EIDL LOAN 378,420 376,560 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | INTRODUCING A NEW PARADIGM IN POVERTY REDUCTION BY IDENTIFYING, PROMOTING AND FACILITATING THE INNOVATION AND INVESTMENTS IN STARTUPS AND BUSINESSES THAT HAVE PRODUCTS, SERVICES AND/OR EMPLOYMENT PROGRAMS THAT SUSTAINABLY LIFT THE LIVELIHOODS OF THE POOR |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | VET AND BUILD A DATABASE OF BUSINESSES AND STARTUPS WORLDWIDE THAT HAVE PRODUCTS & SERVICES AND/OR JOB PROGRAMS THAT SUSTANIABLEY LIFT THE LIVELIHOODS OF THE POOR. PROMOTING AND HONORING THE MOST OUTSTANDING STARTUPS & BUSINESSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARC BLUMENTHAL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6035702606 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-10-02 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SOCIAL VENTURES FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SOCI |
| ReturnHeader/Filer/EIN | 0 | 814489020 |
| ReturnHeader/Filer/PhoneNum | 0 | 6034336161 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 104 WASHINGTON STREET SUITE 126 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | DOVER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NH |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 03820 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 020510451 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SANDERS & KARCHER CPA'S |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 264 LAFAYETTE RD STE 7 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PORTSMOUTH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 03801 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6034300942 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-10-02 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JERRY D KARCHER |
| ReturnHeader/ReturnTs | 0 | 2024-10-11T16:35:27-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $6,483
- Liabilities
- $570,884
- Net assets
- -$564,401
- Revenue
- $113,426
- Expenses
- $163,989
- Net income
- -$50,563