Nonprofit · EIN 47-4670143
SOCIAL CAPITAL FUND
Tax-exempt · PROVIDENCE, RI 02908
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $788,908 | $2,815,683 | -$2,026,775 | $594,331 | $9,442,955 | -$8,848,624 |
| December 31, 2023 | 990 | $984,814 | $1,950,632 | -$965,818 | $1,945,598 | $8,767,447 | -$6,821,849 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $761,882
- Investment income
- $27,026
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,335,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $2,770,112
- Management and general (functional)
- $23,984
- Fundraising (functional)
- $21,587
Balance sheet and other
- Total assets, start of year
- $1,945,598
- Total assets, end of year
- $594,331
- Total liabilities, end of year
- $9,442,955
- Net assets, end of year
- -$8,848,624
- Net assets without donor restrictions
- -$8,848,624
- Gross receipts
- $788,908
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2016
- State of legal domicile
- RI
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES MAZJANIS | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $144,828 | $11,894 |
| ANDREW POSNER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $150,000 | $6,000 |
| AISHA BUSSEY | CHIEF BUSINESS OFFICER Officer | 1 | $0 | $146,063 | $5,843 |
| ARTHUR S GABINET | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BETSY HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LIBBY KIMZEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| AISHA BUSSEY | CHIEF BUSINESS OFFICER Highest-paid employee | 1 | $0 | $128,938 | $3,868 |
| ANDREW POSNER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $109,807 | $3,294 |
| BETSY HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LIBBY KIMZEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ARTHUR S GABINET | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 333 SMITH ST, PROVIDENCE, RI 02908-3759
- Mailing address (990-N for 2015)
- PO Box 23308, Providence RI 02903
- Principal officer (990 for 2024)
- ANDREW POSNER, 333 SMITH STREET, PROVIDENCE, RI 02908
- Principal officer (990-N for 2015)
- ANDY POSNER PRESIDENT, PO Box 23308, Providence RI 02903
- Signed the 990
- ANDREW POSNER, CEO
- Phone
- (866) 584-3651
- Website
- www.socialcapitalfund.org
- Return prepared by
- CITRIN COOPERMAN ADVISORS LLC
Mission
TO SUPPORT THE ACTIVITIES OF ITS PARENT ORGANIZATION, THE CAPITAL GOOD FUND.
Program accomplishments
- SERVICED THE CAPITAL GOOD FUND'S GROWING SMALL-DOLLAR PERSONAL LOAN PORTFOLIO, ENSURING EFFICIENCY AND CONVENIENCE FOR THE CUSTOMER AND STRONG PREPAYMENT RATES FOR THE ORGANIZATION.Expenses $2,770,112 · grants $2,335,000 · revenue $761,882
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-4670143
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T19)
- Assets (IRS master file)
- $594,331
- Income (IRS master file)
- $788,908
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $788,908 | $2,815,683 | $594,331 | IRS |
| 990 | December 2023 | $984,814 | $1,950,632 | $1,945,598 | XML |
| 990 | December 2022 | $577,819 | $2,981,641 | $2,824,110 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: ANDY POSNER PRESIDENT | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-4670143).
Questions about SOCIAL CAPITAL FUND
- What is the EIN of SOCIAL CAPITAL FUND?
- The employer identification number (EIN) of SOCIAL CAPITAL FUND is 47-4670143.
- Is SOCIAL CAPITAL FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to SOCIAL CAPITAL FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does SOCIAL CAPITAL FUND 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 CAPITAL FUND 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 CAPITAL FUND 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 CAPITAL FUND?
- The 990 for the year ended December 31, 2024 names ANDREW POSNER.
- Who are the officers and directors of SOCIAL CAPITAL FUND?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does SOCIAL CAPITAL FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $788,908, expenses of $2,815,683 and total assets of $594,331 at year end.
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All nonprofits in PROVIDENCE · Rhode Island · Philanthropy, voluntarism and grantmaking foundations