Social Finance

Overview

Mission

Solving society's biggest challenges calls for new approaches. For our work in communities, we must design and implement partnerships and investments that advance access to opportunity and improve outcomes, understanding that our greatest impact is achieved when we integrate expertise and feedback from the communities we serve. We must remain cognizant of how Social Finance navigates in the world as a national nonprofit and registered investment advisor to make certain we are leveraging our talent, tools, and resources in a way that is consistent with our mission and values. As we think about our journey as an organization, we acknowledge that we have not, and will not, always get it right. Our learning is continuous, and we fully embrace our commitment.

Operating model

Revenue model

Donor-supported. 69% of the money available for current operations came from contributions and gifts.

Distribution model

Direct operator. The filing allocates 94% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and the filing reports few safeguards for money sent abroad.

Rating breakdown

• Financial Efficiency: 60
• Transparency & Controls: 69
• Accountability: 87
• Sustainability: 81
• Growth: 100

Detailed rating inputs

Details

• What they do: 8 programs and campaigns described on the official site · 1 operating location identified
• Where the money goes: 42.1% of revenue deployed · 81.2% of spending went to programs
• Governance: 14 of 15 board members independent · 7 of 9 filing controls reported
• Programs: 4 filed program accomplishments · $29.6M in reported program spending
• Leadership: top reported pay $826K · 26 people listed · 3 of 6 pay-setting controls reported
• Highest-paid contractors: 5 contractors listed · $825K reported
• Consistency: 36 of 37 current checks pass · 1 finding to review
• Schedules: 9 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
• Filing history: 12 filing years from 2012 to 2024
• Contacts: How to reach this organization
• Money network: 15 filed money-flow records
• Related organizations: 21 filed related-organization links
• Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
• People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

• Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
• High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
• Review — Accountability: Governance controls: 2 of 9 not reported.
• High — Transparency & Controls: Related-party transparency scored 0/100.
• High — Sustainability: Officer compensation ratio scored 2/100.
• Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.