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Nonprofit · EIN 46-1392259

SOCIAL PERFORMANCE TASK FORCE

Tax-exempt · BETHESDA, MD 20817

Financials

$849K$2.6M2023$1.3M$2.3M2024
Revenue Expenses · by fiscal year end
Financials of SOCIAL PERFORMANCE TASK FORCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,296,467$2,297,115-$1,000,648$1,768,993$82,683$1,686,310
December 31, 2023990$849,399$2,637,043-$1,787,644$3,160,294$340,371$2,819,923
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,018,431
Membership dues
$185,978
Program service revenue
$142,412
Investment income
$3,819
Other revenue
$131,805

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$388,713
Other salaries and wages
$93,568
Salaries, compensation and benefits (total)
$523,702
Professional fundraising fees
$0
Accounting fees
$134,381
Travel
$101,457
Program services (functional)
$2,173,163
Management and general (functional)
$123,178
Fundraising (functional)
$774

Balance sheet and other

Total assets, start of year
$3,160,294
Total assets, end of year
$1,768,993
Total liabilities, end of year
$82,683
Net assets, end of year
$1,686,310
Net assets without donor restrictions
$443,645
Net assets with donor restrictions
$1,242,665
Gross receipts
$1,296,467
Employees
3
Volunteers
0
Year formed
2012
State of legal domicile
DE

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LAURA FOOSEEXECUTIVE DIRECTOR
Officer
40$197,588$6,022
AMELIA GREENBERGDEPUTY DIRECTOR
Key employee
40$179,474$5,628
CHARLOTTE FAUQUEMBERGUEBOARD MEMBER
Trustee or director
2$0$0
PAUL WEBERBOARD MEMBER
Trustee or director
2$0$0
FRANK STREPPELBOARD MEMBER
Trustee or director
2$0$0
EMMANUELLE JAVOYBOARD MEMBER
Trustee or director
2$0$0
GENEVIEVE HENNESSY-BARRETTBOARD MEMBER
Trustee or director
2$0$0
JOANA AFONSOBOARD MEMBER
Trustee or director
2$0$0
SYED MOHSIN AHMEDBOARD MEMBER
Trustee or director
2$0$0
UPOMA ANTARA HUSAINBOARD MEMBER
Trustee or director
2$0$0
TOM SHAWBOARD MEMBER
Trustee or director
2$0$0
JACQUELINE MBABAZIBOARD MEMBER
Trustee or director
2$0$0
CECILE LAPENUBOARD MEMBER
Trustee or director
2$0$0
EDGARDO PEREZ PRECIADOBOARD MEMBER
Trustee or director
2$0$0
LOIC DE CANNIERECHAIRMAN
Trustee or director
2$0$0
1 more people on this return
NameTitleHours / weekCompensation
FRANK DEGIOVANNICHAIR EMERITUS
Trustee or director
2$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
LAURA FOOSEEXECUTIVE DIRECTOR
Officer
40$198,463$6,039
AMELIA GREENBERGDEPUTY DIRECTOR
Key employee
40$174,301$5,464
CHARLOTTE FAUQUEMBERGUEBOARD MEMBER
Trustee or director
2$0$0
PAUL WEBERBOARD MEMBER
Trustee or director
2$0$0
FRANK STREPPELBOARD MEMBER
Trustee or director
2$0$0
EMMANUELLE JAVOYBOARD MEMBER
Trustee or director
2$0$0
ALLAN ROBERT SICATBOARD MEMBER
Trustee or director
2$0$0
JOANA AFONSOBOARD MEMBER
Trustee or director
2$0$0
SYED MOHSIN AHMEDBOARD MEMBER
Trustee or director
2$0$0
UPOMA ANTARA HUSAINBOARD MEMBER
Trustee or director
2$0$0
TOM SHAWBOARD MEMBER
Trustee or director
2$0$0
JACQUELINE MBABAZIBOARD MEMBER
Trustee or director
2$0$0
CECILE LAPENUBOARD MEMBER
Trustee or director
2$0$0
EDGARDO PEREZ PRECIADOBOARD MEMBER
Trustee or director
2$0$0
LOIC DE CANNIERECHAIRMAN
Trustee or director
2$0$0
FRANK DEGIOVANNICHAIR EMERITUS
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
7816 CARTERET RD, BETHESDA, MD 20817-1918
In care of
% LAURA FOOSE
Principal officer (990 for 2024)
LAURA FOOSE, 7816 CARTERET RD, BETHESDA, MD 20817
Signed the 990
LAURA FOOSE, EXECUTIVE DIRECTOR
Phone
(301) 767-8957
Return prepared by
CALIBRE CPA GROUP PLLC

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • SETTING AND PROMOTING STANDARDS:THE UNIVERSAL STANDARDS FOR FINANCIAL SERVICE PROVIDERS WERE FIRST LAUNCHED IN 2012 AND UPDATED IN 2016. SPTF MANAGES A TECHNICAL REVIEW COMMITTEE (TRC) TO FOLLOW A TRANSPARENT AND USER-DRIVEN STANDARD REVISION PROCESS BASED ON THE ISEAL CODE OF GOOD PRACTICE FOR SETTING SOCIAL AND ENVIRONMENTAL STANDARDS. THE REVISED STANDARDS HAVE BEEN DESIGNED TO KEEP PACE WITH THE FINANCIAL SECTOR INDUSTRY'S NEEDS AND PROVIDE NEW GUIDELINES ON RESPONSIBLE SAVINGS AND INSURANCE PRODUCTS, AS WELL AS DELIVERY CHANNELS USING DIGITAL SERVICES AND AGENT MODELS, ALL WITH AN EYE TOWARD MITIGATING RISK AND CREATING BENEFITS FOR CLIENTS. THE UNIVERSAL STANDARDS ALSO INCLUDE NEW CONTENT ON RESPONSIBILITY TO THE ENVIRONMENT. THE TRC REVIEWS THE UNIVERSAL STANDARDS EVERY 3 YEARS. SPTF IS IN CHARGE OF GATHERING AND PROCESSING ALL FEEDBACK RECEIVED FROM THE INCLUSIVE FINANCE INDUSTRY, AS WELL AS WITH THE BROADER IMPACT INVESTMENT COMMUNITY. MANAGE EFFECTIVE COMMUNICATIONS - AFTER RELEASING THE UNIVERSAL STANDARDS IN 2012, SPTF DEVELOPED SEVERAL RESOURCES TO HELP WITH THEIR AWARENESS AND IMPLEMENTATION, SUCH AS BRIEF HANDOUTS, MESSAGE MANUALS, THE UNIVERSAL STANDARDS IMPLEMENTATION GUIDE, CASE STUDIES, GUIDANCE NOTES, AND VIDEOS OF EARLY ADOPTERS. SPTF ALSO COMMUNICATES VIA SOCIAL MEDIA.CONDUCT TRAININGS AND WORKSHOPS - SPTF ATTENDS SELECT CONFERENCES AROUND THE WORLD TO OFFER TRAININGS ON THE UNIVERSAL STANDARDS AND SUPPORTING TOOLS AND RESOURCES. SPTF ALSO CONDUCTS MONTHLY ONLINE WEBINAR TRAININGS AND WORKING GROUP MEETINGS TO HIGHLIGHT CASE STUDIES OF GOOD PRACTICE, TO PROVIDE OVERVIEWS OF ASSESSMENT AND REPORTING TOOLS, AND TO SUPPORT PEER TO PEER LEARNING. MANAGE THE SOCIAL INVESTOR WORKING GROUP (SIWG) - THE SIWG HAS +300 INVESTORS FROM +120 ORGANIZATIONS. IT IS A MEMBER-LED GROUP THAT THE SPTF SECRETARIAT BACKSTOPS, COORDINATING LOGISTICS OF ALL MEETINGS, WEBINARS, AND UPDATES OF INITIATIVES. SPTF ANNUAL MEETING - SINCE 2005, THE SPTF HAS BEEN CONDUCTING AN ANNUAL MEETING WHERE INDUSTRY STAKEHOLDERS FROM AROUND THE WORLD COME TOGETHER FOR SEVERAL DAYS OF THOUGHT-PROVOKING DISCUSSIONS ON CORE AND EMERGING TOPICS IN THE FIELD. MEMBERS HAVE DESCRIBED THE MEETING AS "THE STATE OF PRACTICE IN SOCIAL PERFORMANCE AND RESPONSIBLE FINANCE". THIS MEETING IS KEY TO UNDERSTANDING THE PROGRESS AND CHALLENGES IN THE IMPLEMENTATION OF THE UNIVERSAL STANDARDS. THE MEETING IS CONDUCTED IN A DIFFERENT REGION OF THE WORLD EACH YEAR TO ENSURE ALL SPTF MEMBERS CAN ATTEND THROUGHOUT THE YEARS. IN THE LAST FEW YEARS, MEETINGS HAVE ALSO ALLOWED THE SPTF TO ENGAGE WITH REGULATORS AND ALSO INCLUDED FIELD TRIPS TO LOCAL FSPS. SECRETARIAT STAFF COORDINATE ALL MEETING LOGISTICS AND DEVELOP AGENDA AND CONTENT OF DISCUSSIONS.
    Expenses $496,576 · revenue $274,217
  • ASSESSING, IMPROVING, DEMONSTRATING:SPTF HAS WORKED WITH ONE OF ITS MEMBERS, CERISE, TO DEVELOP A FREE ASSESSMENT TOOL (CALLED THE SPI4) THAT ENABLES FSPS TO ASSESS THEIR SOCIAL PERFORMANCE MANAGEMENT PRACTICES AGAINST THE UNIVERSAL STANDARDS. THIS TOOL ALLOWS FSPS TO UNDERSTAND THEIR SPM STRENGTHS AND WEAKNESSES AND CREATE AN ACTION PLAN FOR IMPROVEMENT. SPTF DOES NOT DIRECTLY PROVIDE TECHNICAL ASSISTANCE TO FSPS BECAUSE THAT WOULD COMPETE WITH ITS MEMBERS. RATHER, SPTF WORKS TO MAKE SURE THAT THE MOST UPDATED TRAININGS, RESOURCES, AND TOOLS ARE AVAILABLE TO FSPS AND TA PROVIDERS, AND THAT THEY KNOW HOW TO USE THEM. SPTF ALSO CONDUCTS ONLINE TRAININGS AND PROVIDES FREE RESOURCES IN SEVERAL LANGUAGES TO HELP IMPROVE PRACTICES RELATED TO THE UNIVERSAL STANDARDS.TO ADVANCE WORK ON DEMONSTRATING OUTCOMES, THE SPTF RUNS THE OUTCOMES WORKING GROUP TO DEVELOP GUIDELINES BOTH FOR INVESTORS AND FOR FSPS FOR MEASURING AND MANAGING OUTCOMES AS WELL AS TO CREATE A LIST OF COMMON OUTCOME INDICATORS IN THE AREAS OF POVERTY/HOUSING/ASSETS, BUSINESS, AND RESILIENCE.
    Expenses $1,634,023
  • REPORTING & DEMONSTRATING:REPORTING ON SPM DATA HELPS THE RESPONSIBLE INCLUSIVE FINANCE SECTOR BE TRANSPARENT, ENSURES THE DATA IS AVAILABLE TO INVESTORS, AND ALLOWS THE INDUSTRY TO BENCHMARK AND ANALYZE TRENDS. SPTF PLAYS A COORDINATING ROLE IN THIS ACTIVITY AS MIX, CERISE AND THE RATING AGENCIES CONDUCT THE VAST MAJORITY OF THE DIRECT WORK IN COLLECTION OF DATA. SPTF IS MANAGING DISCUSSION AMONGST THESE ACTORS TO CONSOLIDATE THIS SPM INFORMATION ONTO A COMMON DATA PLATFORM SO THAT IT IS MORE ACCESSIBLE TO USERS.
    Expenses $42,564

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 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-1392259
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,768,993
Income (IRS master file)
$1,296,467

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,296,467$2,297,115$1,768,993IRS
990December 2023$849,399$2,637,043$3,160,294XML
990December 2022$5,163,267$2,127,112$5,103,678IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 46-1392259).

Questions about SOCIAL PERFORMANCE TASK FORCE

What is the EIN of SOCIAL PERFORMANCE TASK FORCE?
The employer identification number (EIN) of SOCIAL PERFORMANCE TASK FORCE is 46-1392259.
Is SOCIAL PERFORMANCE TASK FORCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to SOCIAL PERFORMANCE TASK FORCE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOCIAL PERFORMANCE TASK FORCE 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 PERFORMANCE TASK FORCE 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 PERFORMANCE TASK FORCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SOCIAL PERFORMANCE TASK FORCE?
The 990 for the year ended December 31, 2024 names LAURA FOOSE.
Who are the officers and directors of SOCIAL PERFORMANCE TASK FORCE?
The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $197,588 (LAURA FOOSE, EXECUTIVE DIRECTOR).
How much revenue does SOCIAL PERFORMANCE TASK FORCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,296,467, expenses of $2,297,115 and total assets of $1,768,993 at year end.

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