Nonprofit · EIN 35-2599700
SOCIAL IMPACT COMMONS INC
Tax-exempt · PHILADELPHIA, PA 19151
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,447,214 | $1,122,171 | $325,043 | $2,173,643 | $30,695 | $2,142,948 |
| June 30, 2024 | 990 | $1,306,030 | $1,307,188 | -$1,158 | $1,821,028 | $3,119 | $1,817,909 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $751,358
- Membership dues
- $57,708
- Program service revenue
- $671,893
- Investment income
- $20,160
- Other revenue
- $3,803
Expenses
- Grants and similar amounts paid
- $4,000
- Compensation of officers, directors and key employees
- $568,421
- Other salaries and wages
- $258,926
- Salaries, compensation and benefits (total)
- $964,009
- Professional fundraising fees
- $0
- Accounting fees
- $6,540
- Travel
- $12,393
- Program services (functional)
- $828,873
- Management and general (functional)
- $192,614
- Fundraising (functional)
- $100,684
Balance sheet and other
- Total assets, start of year
- $1,821,028
- Total assets, end of year
- $2,173,643
- Total liabilities, end of year
- $30,695
- Net assets, end of year
- $2,142,948
- Net assets without donor restrictions
- $1,542,948
- Net assets with donor restrictions
- $600,000
- Gross receipts
- $1,447,214
- Employees
- 4
- Year formed
- 2017
- State of legal domicile
- PA
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASTA PETKEVICIUTE | CHIEF FINANC Officer | 40 | $228,769 |
| THADDEUS SQUIRE | CHIEF COMMON Officer | 40 | $227,314 |
| CARLA DARTIS | BOARD MEMBER Trustee or director | 2 | $0 |
| ANDREA GRANDA | BOARD MEMBER Trustee or director | 2 | $0 |
| MAURA HACKETT | BOARD MEMBER Trustee or director | 2 | $0 |
| JILL LAUMBACHER | BOARD MEMBER Trustee or director | 2 | $0 |
| TERESITA MAZ | BOARD MEMBER Trustee or director | 2 | $0 |
| PRATICHI SHAH | BOARD MEMBER Trustee or director | 2 | $0 |
| NEVILLE VAKHARIA | PRESIDENT &T Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASTA PETKEVICIUTE | CHIEF FINANC Officer | 40 | $198,930 |
| THADDEUS SQUIRE | CHIEF COMMON Officer | 40 | $196,983 |
| JOSH SATTELY | CHIEF LEGAL Officer | 40 | $132,515 |
| CARLA DARTIS | BOARD MEMBER Trustee or director | 2 | $0 |
| NATHAN HEWITT | BOARD MEMBER Trustee or director | 2 | $0 |
| JUNE O'NEILL | VP & SECRETA Trustee or director, Officer | 2 | $0 |
| PRATICHI SHAH | BOARD MEMBER Trustee or director | 2 | $0 |
| NEVILLE VAKHARIA | PRESIDENT Trustee or director, Officer | 2 | $0 |
| SANDRA ST FLEUR WRIGHT | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 6370 CHURCH RD, PHILADELPHIA, PA 19151-2541
- In care of
- % THADDEUS A SQUIRE
- Principal officer (990 for 2024)
- THADDEUS SQUIRE, 6370 CHURCH ROAD, PHILADELPHIA, PA 19151
- Signed the 990
- THADDEUS SQUIRE, CHIEF COMMONS OFFICE
- Phone
- (215) 760-1634
- Return prepared by
- BARATZ & ASSOCIATES PA
Mission
SOCIAL IMPACT COMMONS, INC IS A NON-PROFIT, CHARITABLE ORGANIZATION DEDICATED TO PROVIDING COMMUNITIES WITH STRUCTURES AND SYSTEMS FOR EQUITABLE ACCESS TO THE REOURCES THEY NEED TO BUILD A JUST AND FLOURISHING SOCIETY.
Program accomplishments
- PROVIDING COMMUNITIES WITH STRUCTURES AND SYSTEMS FOR EQUITABLE ACCESS TO BUILD A JUST AND FLOURISHING SOCIETY.Expenses $828,873 · grants $4,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 35-2599700
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2020
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,173,643
- Income (IRS master file)
- $1,447,214
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $1,955,410 | $1,127,305 | $1,841,983 | IRS |
| 990 | June 2022 | $979,779 | $759,028 | $1,000,603 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about SOCIAL IMPACT COMMONS INC
- What is the EIN of SOCIAL IMPACT COMMONS INC?
- The employer identification number (EIN) of SOCIAL IMPACT COMMONS INC is 35-2599700.
- Is SOCIAL IMPACT COMMONS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to SOCIAL IMPACT COMMONS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does SOCIAL IMPACT COMMONS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOCIAL IMPACT COMMONS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOCIAL IMPACT COMMONS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SOCIAL IMPACT COMMONS INC?
- The 990 for the year ended June 30, 2025 names THADDEUS SQUIRE.
- Who are the officers and directors of SOCIAL IMPACT COMMONS INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 2 received compensation from the organization, the highest $228,769 (ASTA PETKEVICIUTE, CHIEF FINANC).
- How much revenue does SOCIAL IMPACT COMMONS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,447,214, expenses of $1,122,171 and total assets of $2,173,643 at year end.
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