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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 16-1564690

SOCIAL VENTURES INC

Tax-exempt · ITHACA, NY 14850

Financials

$109K$86K2023$41K$69K2024
Revenue Expenses · by fiscal year end
Financials of SOCIAL VENTURES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$41,202$68,974-$27,772$301,896–$301,896
December 31, 2023990-EZ$109,159$85,621$23,538$329,668–$329,668
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$32,554
Investment income
$8,648

Expenses

Grants and similar amounts paid
$31,522
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,916
Occupancy
$2,573
Other expenses
$32,963
Program services (functional)
$31,369

Balance sheet and other

Total assets, start of year
$329,668
Total assets, end of year
$301,896
Total liabilities, end of year
–
Net assets, end of year
$301,896
Cash, savings and investments
$301,896
Gross receipts
$41,202

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JEFF FURMANPRESIDENT25$0
SARA HESSSECRETARY/TREASURER10$0
LENI HOCHMANCOMMUNITY MEMBER1$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JEFF FURMANPRESIDENT25$0
SARA HESSSECRETARY/TREASURER10$0
LENI HOCHMANCOMMUNITY MEMBER1$0

Address and contacts

Address (IRS master file)
124 WESTFIELD DR, ITHACA, NY 14850-3111
In care of
% JEFF FURMAN
Signed the 990-EZ
SARA HESS, TREASURER
Phone
(607) 272-6394
Return prepared by
STEARNS & CLEEK LLC

Mission

SEEK SOCIAL JUSTICE BY ADDRESSING PROBLEMS THAT ARISE FROM POVERTY, RACISM, SEXISM, AND SIMILAR ISSUES, AND BY INCREASING OPPORTUNITIES FOR DISADVANTAGED PEOPLE

990-EZ for the year ended December 31, 2024

Program accomplishments

  • FARM WORKERS PROJECT - STAFF ADDRESS EMERGENCY AND HUMANITARIAN NEEDS OF IMMIGRANT FARM WORKERS IN UPSTATE NEW YORK.
    Expenses $5,394
  • DEMOCRACY FILM PROJECT - IN COLLABORATION WITH OVER 12 GROUPS AROUND THE COUNTRY THAT ARE ENGAGING YOUNG PEOPLE IN LOCAL IMPROVEMENT PROJECTS IN THEIR SCHOOLS AND COMMUNITIES, THIS PROJECT IS PRODUCING A SHORT DOCUMENTARY.
    Expenses $24,068
  • REJOICE THE VOTE PROJECT - A NON-PARTISAN PROGRAM TO PROMOTE DEMOCRACY BY EDUCATING PEOPLE ON THE HISTORY AND IMPORTANCE OF VOTING, WITH TALKS IN SCHOOLS AND CIVIC GROUPS, DISTRIBUTING FREE POSTERS AND PRINT MATERIALS.
    Expenses $1,907

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-N for SOCIAL VENTURES INC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
16-1564690
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Employment (J22)
Assets (IRS master file)
$301,896
Income (IRS master file)
$41,202

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$41,202$68,974$301,896XML
990-EZDecember 2023$109,159$85,621$329,668XML
990-EZDecember 2022–––IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1564690).

Questions about SOCIAL VENTURES INC

What is the EIN of SOCIAL VENTURES INC?
The employer identification number (EIN) of SOCIAL VENTURES INC is 16-1564690.
Is SOCIAL VENTURES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to SOCIAL VENTURES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOCIAL VENTURES INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of SOCIAL VENTURES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOCIAL VENTURES INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of SOCIAL VENTURES INC?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does SOCIAL VENTURES INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $41,202, expenses of $68,974 and total assets of $301,896 at year end.

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