Civic Intelligence

Boston Impact Initiative Fund

990 • Fiscal year 2017 • EIN 82-1543658

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 16, 2018

Organization Profilewww.bostonimpact.com

View Organization Page

14 Chestnut PlaceJamaica Plain, MA 02130

(617) 340-6630

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.68x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

1.80x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

98th percentile

86%

Higher net margin than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

69th percentile

$100,462

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 18.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Balance Sheet
Liabilities / Assets85th percentile

Assets

$1,482,720

No earlier filing loaded for comparison.

Net Assets

$480,678

No earlier filing loaded for comparison.

Liabilities

$1,002,042

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin98th percentile

Revenue

$557,734

No earlier filing loaded for comparison.

Expenses

$77,056

No earlier filing loaded for comparison.

Net Income

$480,678

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2017: $1,482,720Liabilities 2017: $1,002,042Net Assets 2017: $480,6782017Assets 2018: $3,094,975Liabilities 2018: $2,781,136Net Assets 2018: $313,8392018Assets 2019: $7,184,507Liabilities 2019: $6,354,511Net Assets 2019: $829,9962019Assets 2020: $9,774,362Liabilities 2020: $7,120,194Net Assets 2020: $2,654,1682020Assets 2021: $9,324,957Liabilities 2021: $6,727,527Net Assets 2021: $2,597,4302021Assets 2022: $10,143,671Liabilities 2022: $6,745,127Net Assets 2022: $3,398,5442022Assets 2023: $15,981,911Liabilities 2023: $13,075,946Net Assets 2023: $2,905,9652023Assets 2024: $23,385,414Liabilities 2024: $18,284,831Net Assets 2024: $5,100,5832024

Highlighted filing

2017

Assets$1,482,720
Liabilities$1,002,042
Net Assets$480,678
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $557,734Expenses 2017: $77,056Net Income 2017: $480,6782017Revenue 2018: $479,380Expenses 2018: $646,219Net Income 2018: -$166,8392018Revenue 2019: $1,367,005Expenses 2019: $850,848Net Income 2019: $516,1572019Revenue 2020: $3,167,987Expenses 2020: $1,341,959Net Income 2020: $1,826,0282020Revenue 2021: $1,483,915Expenses 2021: $1,679,347Net Income 2021: -$195,4322021Revenue 2022: $2,938,858Expenses 2022: $2,137,744Net Income 2022: $801,1142022Revenue 2023: $1,948,405Expenses 2023: $2,137,262Net Income 2023: -$188,8572023Revenue 2024: $5,409,152Expenses 2024: $2,777,855Net Income 2024: $2,631,2972024

Highlighted filing

2017

Revenue$557,734
Expenses$77,056
Net Income$480,678
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 16, 2018
Return Version
2017v2.2
Gross Receipts
$557,734
Mission and Program Overview

Mission

The boston impact initiative (bii) works to build a sustainable, inclusive and equitable economy that restores the productive capacity of communities of color in eastern massachusetts. We do this by investing integrated capital (equity, debt and grants) in regenerative local enterprises that are owned and controlled by entrepreneurs of color or are serving communities of color to help close the racial wealth divide. Bii works with our portfolio companies to strengthen the impact they have in their communities and improve the effectiveness of entrepreneurial services in eastern massachusetts. Bii also provides education and training for fellow investors, fund managers and philanthropists nationwide to build the field of impact investing with a racial justice lens.

The Boston Impact Initiative Fund has a unique role in the field of impact investing. The Fund is focused on economic justice, which means that we invest in opportunity for all peopleespecially those most oppressed or abandoned by our current economic systemto lead a dignified and productive life. The Fund invests in enterprises throughout Eastern Massachusetts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors-$1,001,542-
Investments Program Related-$970,595-
Cash and Non-Interest-Bearing Accounts-$505,401-
Receivables From Officers Etc-$6,724-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$0$1,482,720▲ $1,482,720
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$500-
Total Liabilities$0$1,002,042▲ $1,002,042
Net Assets / Fund Balance
Unrestricted Net Assets-$480,678-
Total Net Assets Fund Balance$0$480,678▲ $480,678
Total Liabilities and Net Assets / Fund Balance$0$1,482,720▲ $1,482,720
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleBaseOtherTotal
Mark WatsonTreasurer$44,025$56,437$100,462
Aaron TanakaDirector-$7,208$7,208

Board Members and Trustees

NameTitle
Deborah E FriezePresident
Michael G FriezeVice President
Mike LeybaDirector
Lisa HaylesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$539,448
Program Service Revenue
$18,286
Investment Income
$0
Other Revenue
$0
All Other Contributions
$539,448
Change in Net Assets
$480,678

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table4$467,147Appraisal
Total Noncash Contributions4$467,147-

Audited Revenue Reconciliation

Revenue per Audited Statements
$557,734
Revenue Not Reported on Form 990
$1,969
Total Revenue per Audited Statements
$559,703
Total Revenue per Form 990
$557,734
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$54,392
Other Expenses$22,664
Total Fundraising Expense$1,182
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$44,550--$44,550
Fees for Services Other-$9,901-$9,901
Fees for Services Accounting-$8,008-$8,008
Other Salaries and Wages$5,658-$1,045$6,703
Payroll Taxes$2,921-$130$3,051
Interest$1,542--$1,542
Fees for Services Legal$642--$642
Travel$613--$613
Information Technology$372$206-$578
Other Expenses-$284-$284
Office Expenses-$246-$246
Other Employee Benefits$81-$7$88
Total Functional Expenses$56,379$19,495$1,182$77,056

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$79,025
Expenses per Audited Statements$77,056
Total Expenses per Form 990$77,056
Expenses Not Reported on Form 990$1,969
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$1,001,542-
Receivables from Officers, Directors, Trustees, and Key Employees-$6,724-
Receivables from Disqualified Persons-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Line 1A: Explanation of Delegated Broad Authority to Committee

“During 2017, the BII Fund has a committee that reviews potential investment opportunities. Their decisions are ratified by the Board.”

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“The Board President is the daughter of the Board Vice President. The Board President and the Board Vice President are founding members of the Fund and are sole members of Boston Impact Initiative LLC, a related party company that had dealings with the Fund during 2017.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Form 990 is prepared by the Head of Finance & Administration and then distributed to the Board for review. The Form 990 is also reviewed by an external CPA firm.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“It is the policy that the BII Fund does not make the investment in a company, then Board approval is necessary for a Board member to make a personal investment in the company.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“A recommendation is made to the full board for the compensation of the managing director and top management based upon a review of comparable data.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Compensation for other officers and key employees are discussed at the Board and voted on.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents, policies and financial statements are available upon request. No requests of these documents were made during the year.”

Filing and Contact Details

Filer

Filer Name
Boston Impact Initiative Fund
EIN
82-1543658
Phone
6173406630
Address
14 Chestnut Place, Jamaica Plain, MA 02130

Signing Officer

Name
Mark Watson
Title
Treasurer
Phone
6173406630
Signed
2018-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Watson
Formed
2017
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
4
Employees
2
Volunteers
13

Preparer

Firm
Aranda Leonard Financial Services LLC
Address
25 Crystal Place, Pawtucket, RI 02861
Preparer
Gregory Bloomfield
Phone
6178275274
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt06724
IRS990/ReconcilationRevenueExpnssAmt0480678
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt07672
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt03
IRS990ScheduleA/SupportedOrganizationsTotalCnt03
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0222543558
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1042660311
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2136082763
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd2true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd110
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd210
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Commonwealth Foundation Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1Urban Revival Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2Rudolf Steiner Foundation Inc
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt01969
IRS990ScheduleD/DonatedServicesUseFcltsAmt01969
IRS990ScheduleD/ExpensesNotReportedAmt01969
IRS990ScheduleD/ExpensesSubtotalAmt077056
IRS990ScheduleD/RevenueNotReportedAmt01969
IRS990ScheduleD/RevenueSubtotalAmt0557734
IRS990ScheduleD/TotalBookValueProgramRltdAmt0970595
IRS990ScheduleD/TotalExpensesPerForm990Amt077056
IRS990ScheduleD/TotalRevenuePerForm990Amt0557734
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0559703
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt079025
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt2250771
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt3250771
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Initial Funding
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Initial funding
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2Additional funding
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3Additional Funding
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt3250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Deborah E Frieze
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Michael Frieze
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2Deborah E Frieze
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3Michael Frieze
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Board Member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Board Vice President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2Board President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3Board Vice President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3true
IRS990ScheduleL/TotalBalanceDueAmt01001542
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt04
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Prgm Investment
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Appraisal
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0467147
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0During 2017, the BII Fund has a committee that reviews potential investment opportunities. Their decisions are ratified by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board President is the daughter of the Board Vice President. The Board President and the Board Vice President are founding members of the Fund and are sole members of Boston Impact Initiative LLC, a related party company that had dealings with the Fund during 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is prepared by the Head of Finance & Administration and then distributed to the Board for review. The Form 990 is also reviewed by an external CPA firm.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3It is the policy that the BII Fund does not make the investment in a company, then Board approval is necessary for a Board member to make a personal investment in the company.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A recommendation is made to the full board for the compensation of the managing director and top management based upon a review of comparable data.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Compensation for other officers and key employees are discussed at the Board and voted on.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Governing documents, policies and financial statements are available upon request. No requests of these documents were made during the year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0461304300
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0Unrelated
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0Lending & Investing
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0Boston Impact Initiative LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt014 Chestnut Place Suite 1
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0Jamaica Plain

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,482,720
Liabilities
$1,002,042
Net assets
$480,678
Revenue
$557,734
Expenses
$77,056
Net income
$480,678
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.4$18.3$5.10$5.41$2.78$2.63
2023Detailed filing. Detailed filing data is available for this year.$16.0$13.1$2.91$1.95$2.14$0.19
2022Detailed filing. Detailed filing data is available for this year.$10.1$6.75$3.40$2.94$2.14$0.80
2021Detailed filing. Detailed filing data is available for this year.$9.32$6.73$2.60$1.48$1.68$0.20
2020Detailed filing. Detailed filing data is available for this year.$9.77$7.12$2.65$3.17$1.34$1.83
2019Summary only. Only limited summary data is available for this year.$7.18$6.35$0.83$1.37$0.85$0.52
2018Summary only. Only limited summary data is available for this year.$3.09$2.78$0.31$0.48$0.65$0.17
2017Detailed filing. Detailed filing data is available for this year.$1.48$1.00$0.48$0.56$0.08$0.48