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Nonprofit · EIN 86-3134806

CALVERT IMPACT INC

Tax-exempt · BETHESDA, MD 20814

Financials

$9.1M$5.9M2023$8.3M$8.9M2024
Revenue Expenses · by fiscal year end
Financials of CALVERT IMPACT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,342,994$8,888,465-$545,471$101,838,581$87,031,689$14,806,892
December 31, 2023990$9,069,724$5,888,690$3,181,034$53,089,625$36,724,619$16,365,006
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,399
Program service revenue
$3,325,556
Investment income
$4,722,609
Other revenue
$290,430

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$620,681
Other salaries and wages
$1,102,242
Salaries, compensation and benefits (total)
$1,722,923
Professional fundraising fees
$0
Legal fees
$624,913
Occupancy
$15,554
Travel
$191,688
Program services (functional)
$7,442,490
Management and general (functional)
$1,287,934
Fundraising (functional)
$158,041

Balance sheet and other

Total assets, start of year
$53,089,625
Total assets, end of year
$101,838,581
Total liabilities, end of year
$87,031,689
Net assets, end of year
$14,806,892
Net assets without donor restrictions
$14,806,892
Gross receipts
$8,342,994
Employees
46
Volunteers
14
Year formed
2021
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 / weekCompensationFrom related orgsOther / benefits
JENNIFER PRYCEPRESIDENT & CEO
Officer
20$332,077$332,078$56,976
DEREK STROCHERCHIEF FINANCIAL OFFICER
Officer
20$231,628$231,628$56,976
BART HARVEYCHAIR
Trustee or director, Officer
1$0$0$0
ANDREW MARINOVICE CHAIR (INCOMING)
Trustee or director, Officer
1$0$0$0
GEORGINA BAKERDIRECTOR (INCOMING)
Trustee or director
1$0$0$0
ARON BETRUDIRECTOR (INCOMING)
Trustee or director
1$0$0$0
DEBORAH DURANDDIRECTOR (INCOMING)
Trustee or director
1$0$0$0
GRACE EDDYDIRECTOR (INCOMING)
Trustee or director
1$0$0$0
MARIO ESPINOSADIRECTOR
Trustee or director
1$0$0$0
DR JENNIFER ISERNDIRECTOR
Trustee or director
1$0$0$0
PHIL KIRSHMANDIRECTOR
Trustee or director
1$0$0$0
ELIZA PEPPERDIRECTOR (INCOMING)
Trustee or director
1$0$0$0
DECKER ROLPHDIRECTOR
Trustee or director
1$0$0$0
KATHY STEARNSDIRECTOR
Trustee or director
1$0$0$0
FERN THOMASDIRECTOR (INCOMING)
Trustee or director
1$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
JAIME YORDANDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JENNIFER PRYCEPRESIDENT & CEO
Officer
1$0$548,696$56,833
DEREK STROCHERCHIEF FINANCIAL OFFICER
Officer
1$0$445,240$52,232
BART HARVEYCHAIR
Trustee or director, Officer
1$0$0$0
DR JENNIFER ISERNDIRECTOR
Trustee or director
1$0$0$0
MARIO ESPINOSADIRECTOR
Trustee or director
1$0$0$0
PHIL KIRSHMANDIRECTOR
Trustee or director
1$0$0$0
DECKER ROLPHDIRECTOR
Trustee or director
1$0$0$0
KATHY STEARNSDIRECTOR
Trustee or director
1$0$0$0
JAIME YORDANDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
7550 WISCONSIN AVENUE 8TH FLOOR, BETHESDA, MD 20814-3559
In care of
% JENNIFER PRYCE
Principal officer (990 for 2024)
JENNIFER PRYCE, 7550 WISCONSIN AVENUE 8TH FLOOR, BETHESDA, MD 20814
Signed the 990
DEREK STROCHER, CFO
Phone
(800) 248-0337
Return prepared by
JOHNSON LAMBERT LLP

Mission

CALVERT IMPACT, INC. WORKS FOR THE BENEFIT OF UNDERSERVED COMMUNITIES AND INDIVIDUALS AND TO ACHIEVE A MORE EQUITABLE AND SUSTAINABLE WORLD BY CREATING, TRANSFORMING AND EXPANDING MARKETS THROUGH INVESTMENT ACTIVITIES AND CAPACITY BUILDING IN FURTHERANCE OF SUCH GOALS.

990 for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY INVESTMENT NOTE: CALVERT IMPACT CAPITAL REMAINS DEDICATED TO MAKING IMPACT INVESTABLE THROUGH PRODUCTS AND SERVICES THAT CHANGE THE WORLD.
    Expenses $7,442,490 · revenue $3,325,556

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
86-3134806
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$101,838,581
Income (IRS master file)
$8,342,994

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,342,994$8,888,465$101,838,581XML
990December 2023$9,069,724$5,888,690$53,089,625XML
990December 2022$3,000,000$6,556,790$3,000,000IRS

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 86-3134806).

Questions about CALVERT IMPACT INC

What is the EIN of CALVERT IMPACT INC?
The employer identification number (EIN) of CALVERT IMPACT INC is 86-3134806.
Is CALVERT IMPACT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to CALVERT IMPACT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CALVERT IMPACT 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 CALVERT IMPACT 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 CALVERT IMPACT INC 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 CALVERT IMPACT INC?
The 990 for the year ended December 31, 2024 names JENNIFER PRYCE.
Who are the officers and directors of CALVERT IMPACT INC?
The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $332,077 (JENNIFER PRYCE, PRESIDENT & CEO).
How much revenue does CALVERT IMPACT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,342,994, expenses of $8,888,465 and total assets of $101,838,581 at year end.

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