Companies for Causes

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Thomas Raffa

Phone

3012332471

Tax Period

2024-01-01 to 2024-12-31

Companies for Causes, founded in 2010, is a community nonprofit in the Unknown sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 6% surplus.

Mission

TO MOVE COMMUNITY INVOLVEMENT FROM GOOD INTENTIONS TO STRATEGIC IMPACT.

Program Service Accomplishments

Program 1

Expenses: $727,688 Revenue: $0

IMPACT FINANCE CENTER: IMPACT FINANCE CENTER IS A MULTI-UNIVERSITY NONPROFIT ACADEMIC CENTER THAT IDENTIFIES TRAINS AND ACTIVATES PHILANTHROPISTS AND INVESTORS TO BECOME IMPACT INVESTORS.

Program 2

Expenses: $335,986 Revenue: $0

THE ERNEST E JUST LIFE SCIENCE SOCIETY PRODUCES A DIVERSE INCLUSIVE VIBRANT AND PRODUCTIVE LIFE SCIENCE ECOSYSTEM WHERE ALL LIFE SCIENCE RESEARCH PRACTITIONERS CAN THRIVE AT ALL LEVELS AND CONTRIBUTE TO GLOBAL BIOMEDICAL AND LIFE SCIENCE RESEARCH ENTERPRISE. THE ERNEST E. JUST LIFE SCIENCE SOCIETY DEVELOPS PROMOTES AND NETWORKS THE TALENT OF INDIVIDUALS FROM HISTORICALLY UNDERREPRESENTED AND MINORITY COMMUNITIES AND BUILDS THE RESEARCH CAPACITY OF MINORITY SERVING INSTITUTIONS.

Program 3

Expenses: $200,000 Revenue: $0

PUBLIC SQUARED PROJECT HELPS BRING THE CULTURAL TRANSLATION TRAINING MODEL TO ORGANIZATIONS TO INCREASE PARTICIPANTS ABILITY TO SEE THE WORLD THROUGH ANOTHER PERSONS IDEOLOGICAL PERSPECTIVE BY...

PUBLIC SQUARED PROJECT HELPS BRING THE CULTURAL TRANSLATION TRAINING MODEL TO ORGANIZATIONS TO INCREASE PARTICIPANTS ABILITY TO SEE THE WORLD THROUGH ANOTHER PERSONS IDEOLOGICAL PERSPECTIVE BY DEPOLARIZING DIFFICULT CONVERSATIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,496,702

Program Service Revenue $0

Investment Income $751

Other Revenue $0

TOTAL REVENUE $1,497,453

Expense Breakdown

Grants Paid $0

Salaries & Benefits $284,130

Fundraising Expenses $32,843

Program Expenses $1,277,492

Other Expenses $1,124,732

TOTAL EXPENSES $1,408,862

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,497,453	$1,073,659	+0.4%
Expenses	$1,408,862	$1,024,259	+0.4%
Net Income	$88,591	$49,400	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE GRIPNE	DIRECTOR IMPACT FINANCE CENTER	40.00	Highest	$108,326	$10,565	$118,891
JOE WEEDON	EXECUTIVE DIRECTOR	10.00	Officer Director	$0	$0	$0
THOMAS RAFFA	PRESIDENT AND SECRETARY	5.00	Officer Director	$0	$0	$0
ANTHONY RAFFA	VP AND TREASURER	5.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,497,453	$1,408,862	$474,968	$88,591
2023	$1,073,659	$1,024,259	$748,828	$49,400
2022	$1,703,282	$1,352,548	$626,427	$350,734
2021	$892,538	$922,589	$371,514	$-30,051
2020	$795,002	$655,004	$335,364	$139,998
2019	$770,343	$732,476	$89,289	$37,867