SOCIAL VENTURE PARTNERS BOSTON INC

EIN: 454230249 501(c)(3) Philanthropy & Grantmaking

BOSTON, MA

Total Revenue
$285,219
Total Expenses
$238,610
Total Assets
$33,216
Net Assets
$-1,853
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MA
Principal Officer
BILL ASHER
Phone
6174750930
Tax Period
2024-01-01 to 2024-12-31

SOCIAL VENTURE PARTNERS BOSTON INC, founded in 2012, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $285K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $47K, a strong 16% operating margin.

Mission

SVP BOSTON, A GROUP OF DIVERSE, HIGHLY SKILLED PROFESSIONALS, COLLABORATES WITH CAREFULLY SELECTED BOSTON AREA NON-PROFITS BY INVESTING THEIR TIME, SKILLS, AND MONEY TO INCREASE THE CAPACITY OF THESE NON-PROFITS TO DELIVER MEANINGFUL SOCIAL IMPACT. IN ITS COMBINATION OF FUNDING AND VOLUNTEERING, SVP BOSTON PROVIDES A UNIQUE, TARGETED, AND HIGHLY LEVERAGED PHILANTHROPIC FUNDING SOURCE TO THE BOSTON AREA NON-PROFIT COMMUNITY, WHILE ALSO ENABLING ITS GRANT RECIPIENTS TO ACCESS STRATEGIC-LEVEL VOLUNTEERS, ADVICE, CONTACTS, AND ORGANIZATIONAL PRACTICES.IN ADDITION TO PROVIDING FUNDING AND VOLUNTEER EXPERTISE TO CAREFULLY SELECTED BOSTON AREA NONPROFITS, SVP BOSTON ALSO SEEKS TO DEVELOP EFFECTIVE PHILANTHROPY IN THE BOSTON AREA BY EDUCATING ITS PARTNERS TO BE INFORMED, EFFECTIVE, LIFE-LONG PHILANTHROPISTS. AS SUCH, SVP BOSTON IS A CATALYST FOR CHARITABLE GIVING AND FOR MAKING CHARITABLE GIFTS MORE EFFECTIVELY IN THE BOSTON AREA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $272,719
Program Service Revenue $0
Investment Income $0
Other Revenue $12,500
TOTAL REVENUE $285,219

Expense Breakdown

Grants Paid $0
Salaries & Benefits $192,239
Fundraising Expenses $22,887
Program Expenses $153,791
Other Expenses $46,371
TOTAL EXPENSES $238,610

Year-over-Year Comparison

2024 2023 Change
Revenue $285,219 $313,183 -0.1%
Expenses $238,610 $406,101 -0.4%
Net Income $46,609 $-92,918 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
3
Volunteers
45

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
6
$177,609
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON WILLIAMS FORMER PRESIDENT/CHIEF EXECUTIVE 40.00
Officer
$139,327 $10,232 $149,559
KARIN CASSEL MITTERANDO CHIEF EXECUTIVE OFFICER 25.00
Officer
$28,050 $0 $28,050
BILL ASHER CO-CHAIR 1.00
Officer Director
$0 $0 $0
MARVA SEROTKIN CO-CHAIR 1.00
Officer Director
$0 $0 $0
MEGAN WILLIAMS TREASURER 1.00
Officer Director
$0 $0 $0
TERRIE PERELLA FORMER CLERK 1.00
Officer Director
$0 $0 $0
KIM WILLINGHAM DIRECTOR 1.00
Director
$0 $0 $0
ANDREW KIRKWOOD DIRECTOR 1.00
Director
$0 $0 $0
DAVID ROSENBLATT DIRECTOR 1.00
Director
$0 $0 $0
ELICIA WILSON FORMER DIRECTOR 1.00
Director
$0 $0 $0
JOEL ROSEN FORMER DIRECTOR 1.00
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 $285,219 $238,610 $33,216 $46,609
2023 $313,183 $406,101 $45,998 $-92,918
2022 $436,162 $458,952 $164,025 $-22,790
2021 $479,979 $441,651 $131,950 $38,328
2020 $478,280 $504,938 $164,954 $-26,658
2019 $468,059 $445,687 $127,142 $22,372
2018 $459,595 $532,478 $52,207 $-72,883
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