Social Progress Imperative Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Michael Green

Phone

2023503282

Tax Period

2023-01-01 to 2023-12-31

Social Progress Imperative Inc, founded in 2010, is a community nonprofit in the Social Science sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 28% operating deficit.

Mission

Social Progress Imperative mission is to scale and accelerate the use of data to influence policies and investments to better serve all of humanity.

Program Service Accomplishments

Program 1

Expenses: $747,276 Revenue: $769,288

Insights and Partnerships: Activities associated with leading and supporting the development of tools and partnerships to deliver critical insights and actions to advance social progress outcomes at...

Program 2

Expenses: $520,892 Revenue: $152,685

Global Research and Communications: Activities associated with developing and analyzing the Social Progress Index and other data-driven global research, and engaging leaders around the world to...

Global Research and Communications: Activities associated with developing and analyzing the Social Progress Index and other data-driven global research, and engaging leaders around the world to better understand and utilize this evidence-based insight.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $177,245

Program Service Revenue $921,973

Investment Income $70

Other Revenue $3,216

TOTAL REVENUE $1,102,504

Expense Breakdown

Grants Paid $0

Salaries & Benefits $625,761

Fundraising Expenses $23,505

Program Expenses $1,268,168

Other Expenses $782,684

TOTAL EXPENSES $1,408,445

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,102,504	$2,694,308	-0.6%
Expenses	$1,408,445	$2,206,850	-0.4%
Net Income	$-305,941	$487,458	-1.6%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$389,822

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Cruickshank	Chair (Officer)	8.00	Officer Director	$0	$0	$0
Sally Osberg	Vice Chair (Officer)	8.00	Officer Director	$0	$0	$0
Alvaro Rodriguez Arregui	Director	5.00	Director	$0	$0	$0
Brace Young	Director	5.00	Director	$0	$0	$0
Francis Ebong	Director	5.00	Director	$0	$0	$0
Jose Vinals	Director	5.00	Director	$0	$0	$0
Marcia Thompson	Director	5.00	Director	$0	$0	$0
Matthew Bishop	Director	5.00	Director	$0	$0	$0
Nick Viney	Director	5.00	Director	$0	$0	$0
Oki Matsumoto	Director	5.00	Director	$0	$0	$0
Rina Kupferschmid-Rojas	Director	5.00	Director	$0	$0	$0
Sharon Thorne	Director	5.00	Director	$0	$0	$0
Michael Green	CEO	50.00	Officer	$161,819	$29,259	$191,078
Luke Greeves	COO	50.00	Officer	$156,238	$42,506	$198,744
Sophie Sutherland	Marketing & Communications Director	40.00	Highest	$106,862	$30,628	$137,490

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	No data	No data	No data	No data
2023	$1,102,504	$1,408,445	$316,109	$-305,941
2022	$2,694,308	$2,206,850	$585,884	$487,458
2021	$1,399,992	$1,757,449	$81,900	$-357,457
2020	$1,927,377	$1,782,209	$546,300	$145,168
2019	$1,578,192	$1,589,808	$297,540	$-11,616
2018	$1,103,397	$2,265,763	$295,707	$-1,162,366