Social Progress Imperative Inc

EIN: 364701434 501(c)(3) Social Science

Washington, DC

Total Revenue
$1,102,504
Total Expenses
$1,408,445
Total Assets
$316,109
Net Assets
$235,268
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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
DE
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

A world in which social progress sits alongside economic prosperity as a measure of development.

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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%)

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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

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Governance

Voting Members
10
Independent Members
10
Employees
5
Volunteers
20

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
4
$389,822
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
1
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
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