Social Impact Fund
Nonprofit profile at a glance
- EIN
- 461820448
- IRS 990 coverage
- 2019–2025
- Forms available
- Form 990 2025, Form 990-N 2013
- Location
- Los Angeles, CA, USA
- Phone
- 9176532513
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $16,602,217
- Expenses
- $15,289,320
- Assets
- $17,706,180
- Liabilities
- $1,058,582
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Craig Cichy (Executive Director)
Highest reported compensation
- Craig Cichy (Executive Director): $329,423 total reported compensation
- Anjali Ramasunder (Program Director): $128,598 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
SIFs mission is to inspire efficient and accessible philanthropy. We engage with culture-makers in the entertainment and creative communities, and beyond, to accelerate their social impact.
What it reported doing in 2025
Sponsored Programs The Organization provides a legal structure under which charitable programs may operate, or acts as fiscal sponsor for groups waiting on IRS 501c3 determination. The sponsored programs work to advance social good and make a positive difference in the world-at-large.
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 55% for direct work, and 45% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 72
- Accountability: 90
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.2%; rating input score 85
- Program expense ratio: 91.8%; rating input score 92
- Fundraising efficiency: $114.14 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 99.8%; rating input score 100; 47th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 91.7%; rating input score 92; 20th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 7.9%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 1.16; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 3%; rating input score 73; 73rd percentile among comparable filings
Growth
- Program expense growth: 7.1% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 6.4% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 14.3% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 85.2% of revenue deployed · 91.8% of spending went to programs
- Governance: 11 of 12 board members independent · 7 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $14M in reported program spending
- Leadership: top reported pay $329K · 14 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.6M reported
- Consistency: 41 of 41 current checks pass
- Schedules: 10 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 7 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 89 filed money-flow records
- Related organizations: 87 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
- Review — Sustainability: Operating margin scored 53/100.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.