SOCIAL FINANCE INC Charity Report

Public IRS 990 nonprofit record

SOCIAL FINANCE INC

EIN 27-4620963 · Fund Raising & Fund Distribution - Human Services (P12)

What they do

SOCIAL FINANCE BUILDS INNOVATIVE PARTNERSHIPS and INVESTMENTS THAT REALIGN SYSTEMS to MEASURABLY IMPROVE LIVES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

37.38%of revenue went to mission work81.2% of expenses · Program services

0.41%of revenue went to fundraising0.9% of expenses

$46.02spent for every $100 of revenueRevenue covered expenses this year.

8.23%of revenue went to management and office costs17.9% of expenses

$5.34in assets for every $1 spent this yearSome assets cannot be spent right away.

81.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $826,471 for TRACY PALANDJIAN (CEO & CO-FOUNDER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$79,102,825

Mission workProgram services$29,566,13737.38% of revenue81.2% of expenses

ManagementOffice and general costs$6,512,1438.23% of revenue17.9% of expenses

FundraisingAsking for donations$325,0950.41% of revenue0.9% of expenses

Revenue left after expensesReported annual surplus$42,699,45053.98% of revenueShown in gray on the chart

Total expenses$36,403,37546.02% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 81.2% mission · 17.9% management · 0.9% fundraisingTotal expenses: 46.02% of revenue

2023Expense mix: 82.9% mission · 16.4% management · 0.7% fundraisingTotal expenses: 80.52% of revenue

2022Expense mix: 80.3% mission · 19.0% management · 0.8% fundraisingTotal expenses: 31.73% of revenue

2021Expense mix: 78.7% mission · 20.6% management · 0.7% fundraisingTotal expenses: 22.49% of revenue

2020Expense mix: 82.2% mission · 16.6% management · 1.2% fundraisingTotal expenses: 96.51% of revenue

2019Expense mix: 81.2% mission · 17.4% management · 1.4% fundraisingTotal expenses: 52.13% of revenue

2018Expense mix: 84.6% mission · 13.4% management · 2.0% fundraisingTotal expenses: 72.16% of revenue

2017Expense mix: 84.4% mission · 12.9% management · 2.7% fundraisingTotal expenses: 85.18% of revenue

Money in and money out

Revenue$79,102,825

Expenses$36,403,375

Annual surplus $42,699,450 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$29,566,137 · 81.2% of expenses

Management and office costs$6,512,143 · 17.9% of expenses

Fundraising$325,095 · 0.9% of expenses

See all reported dollar amounts

Revenue$79,102,825

Expenses$36,403,375

Assets$194,299,108

Income$98,611,375

Contributions$64,478,252

Mission work (program services)$29,566,137

Fundraising$325,095

Grants given$6,827,387

Average grant$206,891

Management and general$6,512,143

Stocks and bonds$91,118,757

Accounting fees$170,730

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

TRACY PALANDJIANCEO & CO-FOUNDER · 40 hrs/week $826,471Base $789,674 · Other $36,797

KIRSTIN HILLPRESIDENT & COO · 40 hrs/week $411,049Base $383,937 · Other $27,112

JOHN WOODSCHIEF FINANCIAL OFFICER · 40 hrs/week $334,374Base $302,680 · Other $31,694

JACOB SEGALMANAGING DIRECTOR, IMPACT ADV. · 40 hrs/week $324,715Base $297,535 · Other $27,180

KAREN LYNN ANDERSONMANAGING DIR, SFI · 40 hrs/week $317,521Base $291,355 · Other $26,166

NAVJEET K BALGENERAL COUNSEL(UNTIL 12/6/24) · 40 hrs/week $275,332Base $249,491 · Other $25,841

STEPHEN GAETANO VICINELLIVP, IMPACT INVESTMENTS · 40 hrs/week $274,157Base $237,195 · Other $36,962

ANDREW C CHENVP, IMPACT INVESTMENTS · 40 hrs/week $265,495Base $238,720 · Other $26,775

CATHERINE DUN RAPPAPORTVP, IMPACT INVESTMENTS · 40 hrs/week $264,363Base $234,695 · Other $29,668

JONATHAN S EDWARDSVP, IMPACT INVESTMENTS · 40 hrs/week $261,194Base $235,720 · Other $25,474

JUSTIN BAKULEVP, IMPACT INVESTMENTS · 40 hrs/week $254,781Base $234,695 · Other $20,086

LESLIE CORNELLGEN. COUNS. & CHIEF COMP. · 40 hrs/week $241,518Base $218,762 · Other $22,756

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

TRACY PALANDJIANCEO & CO-FOUNDER

KIRSTIN HILLPRESIDENT & COO

JOHN WOODSCHIEF FINANCIAL OFFICER

JACOB SEGALMANAGING DIRECTOR, IMPACT ADV.

KAREN LYNN ANDERSONMANAGING DIR, SFI

NAVJEET K BALGENERAL COUNSEL(UNTIL 12/6/24)

STEPHEN GAETANO VICINELLIVP, IMPACT INVESTMENTS

ANDREW C CHENVP, IMPACT INVESTMENTS

CATHERINE DUN RAPPAPORTVP, IMPACT INVESTMENTS

JONATHAN S EDWARDSVP, IMPACT INVESTMENTS

JUSTIN BAKULEVP, IMPACT INVESTMENTS

LESLIE CORNELLGEN. COUNS. & CHIEF COMP.

LAURA LAUDERDIRECTOR

ALEXA RACHLINDIRECTOR

BRACEBRIDGE H YOUNG JRDIRECTOR

SANDRA A URIEDIRECTOR

PAMELA DIPPEL CHONEYCHAIR

NANCY ZIMMERMANCLERK

LAURENE SPERLINGDIRECTOR

GOVERNOR DEVAL PATRICKDIRECTOR

DOUG HENDERSONTREASURER

DR LAUREN SMITHDIRECTOR

KAREN DYNANDIRECTOR

EDWARD L SHAPIRODIRECTOR

ELIZABETH LEMPRESDIRECTOR

IAN SIMMONSDIRECTOR

About this charity

Recognized since: January 2012
Location: 2 Atlantic Avenue 5th Floor, Boston, MA 02110
County: Suffolk
In care of: Kirstin Hill
Primary officer: Kirstin Hill, President & COO

How to reach them

WebsiteVisit the charity’s website Phone(617) 939-9900

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BDO USA
NTEE classification: Fund Raising & Fund Distribution - Human Services (P12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes