Civic Intelligence

The Imperative

990 • Fiscal year 2023 • EIN 85-3350267

Jul 01, 2022 to Jun 30, 2023 • Filed on Mar 14, 2025

Organization ProfileWWW.THEIMPERATIVEFUND.ORG
106 Cross StreetBrockton, MA 02301

(774) 274-3902

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE P20 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE P20 • <$500k nonprofits • Source year 2023

Net Margin

51st percentile

5.8%

Higher net margin than 51% of similar nonprofits.

2023 filings • NTEE P20 • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2023 filings • NTEE P20 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets63rd percentile

Assets

$230,076

No earlier filing loaded for comparison.

Net Assets

$230,076

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin51st percentile

Revenue

$68,866

No earlier filing loaded for comparison.

Expenses

$64,904

No earlier filing loaded for comparison.

Net Income

$3,962

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.

$600K$400K$200K$0Assets 2023: $230,076Liabilities 2023: $0Net Assets 2023: $230,0762023Assets 2024: $557,971Liabilities 2024: $8,000Net Assets 2024: $549,9712024

Highlighted filing

2023

Assets$230,076
Liabilities$0
Net Assets$230,076
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0Revenue 2023: $68,866Expenses 2023: $64,904Net Income 2023: $3,9622023Revenue 2024: $411,410Expenses 2024: $91,515Net Income 2024: $319,8952024

Highlighted filing

2023

Revenue$68,866
Expenses$64,904
Net Income$3,962
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Mar 14, 2025
Return Version
2022v5.0
Gross Receipts
$68,866
Mission and Program Overview

Mission

Building a new philathropic institution solely focused on promoting the wealth, health and connectedness of black people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$226,114$230,076▲ $3,962
Total Assets$226,114$230,076▲ $3,962
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$226,114$230,076▲ $3,962
Total Net Assets Fund Balance$226,114$230,076▲ $3,962
Total Liabilities and Net Assets / Fund Balance$226,114$230,076▲ $3,962
Compensation and Service Providers
Top Officer Pay82nd percentile

Board Members and Trustees

NameTitle
Alexandra BastienPresident/se
Alicia AdamsonDirector
Josina MachelDirector
Michael McafeeDirector
Olu FannDirector
Shane RyanDirector
Ade OguntoyeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$68,866
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$68,866
Change in Net Assets
$3,962

Audited Revenue Reconciliation

Revenue per Audited Statements
$68,866
Total Revenue per Audited Statements
$68,866
Total Revenue per Form 990
$68,866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$41,054
Other Expenses$23,850
Total Fundraising Expense$2,669
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$41,054--$41,054
Travel$14,327--$14,327
Information Technology-$796$2,669$3,465
Office Expenses-$910-$910
Other Expenses$5,000$148-$148
Total Functional Expenses$60,381$1,854$2,669$64,904

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$64,904
Total Expenses per Audited Statements$64,904
Total Expenses per Form 990$64,904
International Activity

International Summary

Spending
$41,054

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
East AfricaProgram ServicesKiswahili Exchange--$29,000
South AmericaProgram ServicesTraining--$12,054
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“Elections are held annually at board meetings.”

Form 990, Page 6, Part VI, Line 7B

“All decisions requiring the approval of the board are voted on during board meetings with the full board of directors present.”

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

“The board of directors review and approve the form 990 prior to filing.”

Form 990, Page 6, Part VI, Line 19

“Upon request as well as being available on the attorney general's website.”

Filing and Contact Details

Filer

Filer Name
The Imperative Inc
EIN
85-3350267
Phone
7742743902
Address
106 CROSS STREET, BROCKTON, MA 02301

Signing Officer

Name
Alexandra Bastien
Title
President/secretary
Phone
7742743902
Signed
2025-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alexandra Bastien
Formed
2020
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
10

Preparer

Firm
Gonzalez and Associates Pc
Address
14 PAGE TERRACE, STOUGHTON, MA 02072
Preparer
Lillian Gonzalez CPA Mst Csep Csrp
Phone
7813441040
Supplemental Narrative

Additional Explanations

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

“We are establishing a fund to make strategic investments that improve wealth and health while increasing the social and economic ties of black people globally. Our roles in addition to our role as a funder and investor, the imperative will also serve in the following capacities in philanthropy: convener we will regularly build relationships and bring stakeholders together to identify both immediate and long-term needs for the culture. In coming together, we will learn about best practices and strategize on a united path forward for black people collaborator we will regularly create and seek opportunities to collaborate with other philanthropies, public and private sectors to achieve our stated mission. Communicator we will use our role within philanthropy to express ideas that give people cover to address issues in our communities without fear of loss of funding. Our research, publications and investments will serve as direction to those wanting to support the interests of black people”

Raw XML Appendix321 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0BUILDING A NEW PHILATHROPIC INSTITUTION SOLELY FOCUSED ON PROMOTING THE WEALTH, HEALTH AND CONNECTEDNESS OF BLACK PEOPLE.
IRS990/AllOtherContributionsAmt068866
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum07742743902
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0106 CROSS STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROCKTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002301
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0226114
IRS990/CashNonInterestBearingGrp/EOYAmt0230076
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt068866
IRS990/CYGrantsAndSimilarPaidAmt041054
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt023850
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt03962
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt064904
IRS990/CYTotalFundraisingExpenseAmt02669
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt068866
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0WE ARE ESTABLISHING A FUND TO MAKE STRATEGIC INVESTMENTS THAT IMPROVE WEALTH AND HEALTH WHILE INCREASING THE SOCIAL AND ECONOMIC TIES OF BLACK PEOPLE GLOBALLY. OUR ROLES IN ADDITION TO OUR ROLE AS A FUNDER AND INVESTOR, THE IMPERATIVE WILL ALSO SERVE IN THE FOLLOWING CAPACITIES IN PHILANTHROPY: CONVENER WE WILL REGULARLY BUILD RELATIONSHIPS AND BRING STAKEHOLDERS TOGETHER TO IDENTIFY BOTH IMMEDIATE AND LONG-TERM NEEDS FOR THE CULTURE. IN COMING TOGETHER, WE WILL LEARN ABOUT BEST PRACTICES AND STRATEGIZE ON A UNITED PATH FORWARD FOR BLACK PEOPLE COLLABORATOR WE WILL REGULARLY CREATE AND SEEK OPPORTUNITIES TO COLLABORATE WITH OTHER PHILANTHROPIES, PUBLIC AND PRIVATE SECTORS TO ACHIEVE OUR STATED MISSION. COMMUNICATOR WE WILL USE OUR ROLE WITHIN PHILANTHROPY TO EXPRESS IDEAS THAT GIVE PEOPLE COVER TO ADDRESS ISSUES IN OUR COMMUNITIES WITHOUT FEAR OF LOSS OF FUNDING. OUR RESEARCH, PUBLICATIONS AND INVESTMENTS WILL SERVE AS DIRECTION TO THOSE WANTING TO SUPPORT THE INTERESTS OF BLACK PEOPLE
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt060381
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0true
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt041054
IRS990/ForeignGrantsGrp/TotalAmt041054
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0ALICIA ADAMSON
IRS990/Form990PartVIISectionAGrp/PersonNm1ALEXANDRA BASTIEN
IRS990/Form990PartVIISectionAGrp/PersonNm2OLU FANN
IRS990/Form990PartVIISectionAGrp/PersonNm3JOSINA MACHEL
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL MCAFEE
IRS990/Form990PartVIISectionAGrp/PersonNm5ADE OGUNTOYE
IRS990/Form990PartVIISectionAGrp/PersonNm6SHANE RYAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT/SE
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02020
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt041054
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt068866
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02669
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0796
IRS990/InformationTechnologyGrp/TotalAmt03465
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0BUILDING A NEW PHILATHROPIC INSTITUTION SOLELY FOCUSED ON PROMOTING THE WEALTH, HEALTH AND CONNECTEDNESS OF BLACK PEOPLE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt0226114
IRS990/NetAssetsOrFundBalancesEOYAmt0230076
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0226114
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0230076
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0910
IRS990/OfficeExpensesGrp/TotalAmt0910
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0CONFERENCE SPACE RENTAL
IRS990/OtherExpensesGrp/Desc1BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0148
IRS990/OtherExpensesGrp/ProgramServicesAmt05000
IRS990/OtherExpensesGrp/TotalAmt05000
IRS990/OtherExpensesGrp/TotalAmt1148
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ALEXANDRA BASTIEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0257119
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt025000
IRS990/PYOtherExpensesAmt016941
IRS990/PYRevenuesLessExpensesAmt0215178
IRS990/PYTotalExpensesAmt041941
IRS990/PYTotalRevenueAmt0257119
IRS990/ReconcilationRevenueExpnssAmt03962
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt068866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0257119
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt024105
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0350090
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0117568
IRS990ScheduleA/SubstantialContributorsTotAmt0232522
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt068866
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0257119
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt024105
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0350090
IRS990ScheduleA/TotalSupportAmt0350090
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt064904
IRS990ScheduleD/RevenueSubtotalAmt068866
IRS990ScheduleD/TotalExpensesPerForm990Amt064904
IRS990ScheduleD/TotalRevenuePerForm990Amt068866
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt068866
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt064904
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt029000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt112054
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1SOUTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0KISWAHILI EXCHANGE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1TRAINING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt029000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt112054
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0KISWAHILI PROGRAM
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1TRAINING
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0EAST AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1SOUTH AMERICA
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt041054
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0REPORT OF USE OF GRANT FUNDS IS SUBMITTED TO ORGANIZATION AT COMPLETION OF PROJECT.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1EAST AFRICA 29,000 0 SOUTH AMERICA 12,054 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/Total501c3OrgCnt02
IRS990ScheduleF/TotalSpentAmt041054
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WE ARE ESTABLISHING A FUND TO MAKE STRATEGIC INVESTMENTS THAT IMPROVE WEALTH AND HEALTH WHILE INCREASING THE SOCIAL AND ECONOMIC TIES OF BLACK PEOPLE GLOBALLY. OUR ROLES IN ADDITION TO OUR ROLE AS A FUNDER AND INVESTOR, THE IMPERATIVE WILL ALSO SERVE IN THE FOLLOWING CAPACITIES IN PHILANTHROPY: CONVENER WE WILL REGULARLY BUILD RELATIONSHIPS AND BRING STAKEHOLDERS TOGETHER TO IDENTIFY BOTH IMMEDIATE AND LONG-TERM NEEDS FOR THE CULTURE. IN COMING TOGETHER, WE WILL LEARN ABOUT BEST PRACTICES AND STRATEGIZE ON A UNITED PATH FORWARD FOR BLACK PEOPLE COLLABORATOR WE WILL REGULARLY CREATE AND SEEK OPPORTUNITIES TO COLLABORATE WITH OTHER PHILANTHROPIES, PUBLIC AND PRIVATE SECTORS TO ACHIEVE OUR STATED MISSION. COMMUNICATOR WE WILL USE OUR ROLE WITHIN PHILANTHROPY TO EXPRESS IDEAS THAT GIVE PEOPLE COVER TO ADDRESS ISSUES IN OUR COMMUNITIES WITHOUT FEAR OF LOSS OF FUNDING. OUR RESEARCH, PUBLICATIONS AND INVESTMENTS WILL SERVE AS DIRECTION TO THOSE WANTING TO SUPPORT THE INTERESTS OF BLACK PEOPLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTIONS ARE HELD ANNUALLY AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DECISIONS REQUIRING THE APPROVAL OF THE BOARD ARE VOTED ON DURING BOARD MEETINGS WITH THE FULL BOARD OF DIRECTORS PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEW AND APPROVE THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST AS WELL AS BEING AVAILABLE ON THE ATTORNEY GENERAL'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0226114
IRS990/TotalAssetsEOYAmt0230076
IRS990/TotalAssetsGrp/BOYAmt0226114
IRS990/TotalAssetsGrp/EOYAmt0230076
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt068866
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02669
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01854
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt060381
IRS990/TotalFunctionalExpensesGrp/TotalAmt064904
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0226114
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0230076
IRS990/TotalProgramServiceExpensesAmt060381
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt068866
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0226114
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0230076
IRS990/TravelGrp/ProgramServicesAmt014327
IRS990/TravelGrp/TotalAmt014327
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0106 CROSS STREET
IRS990/USAddress/CityNm0BROCKTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002301
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.THEIMPERATIVEFUND.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALEXANDRA BASTIEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum07742743902
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE IMPERATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0IMPE
ReturnHeader/Filer/EIN0853350267
ReturnHeader/Filer/PhoneNum07742743902
ReturnHeader/Filer/USAddress/AddressLine1Txt0106 CROSS STREET
ReturnHeader/Filer/USAddress/CityNm0BROCKTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002301
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272630858
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GONZALEZ AND ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 PAGE TERRACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STOUGHTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002072
ReturnHeader/PreparerPersonGrp/PhoneNum07813441040
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LILLIAN GONZALEZ CPA MST CSEP CSRP
ReturnHeader/ReturnTs02025-05-02T15:19:49-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$230,076
Liabilities
$0
Net assets
$230,076
Revenue
$68,866
Expenses
$64,904
Net income
$3,962
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.58$0.08$5.50$4.11$0.92$3.20
2023Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.69$0.65$0.04