Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
98 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
6 people listed on the 990; $209K paid to officers and key staff.
Matt Eldridge’s $146K as Executive Director is at the 18th percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| Matt Eldridge | $146,301 | $121,489 | $46,987 |
| Michael Libes | $62,400 | $57,538 | $30,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Invests donor capital into early-stage, socially and environmentally conscious enterprises that cannot secure traditional financing, helping them create jobs and improve communities.
Questions for Realize Impact
Your first name shows with your question. Realize Impact answers here, for everyone.
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Realize Impact fiscally sponsors charitable projects of mission-driven, impact-oriented, not-for-profit organizations that help further our mission.
Realize Impact operates a service to help individuals, community foundations, family foundations, and other nonprofit organizations donate to support Realize Impact's investments into mission-driven, impact-oriented, profit-seeking organizations.
Realize Impact operates a service in partnership primarily with other nonprofit organizations to help individuals and organizations donate to support Realize Impact's investments into mission-driven, impact-oriented, for-profit companies.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $4.1M | $5.6M |
| InvestmentsLn 11–13 | $16.3M | $24.7M |
| Total assetsLn 16 | $21.3M | $33.4M |
| LiabilitiesLn 26 | $163K | $16K |
| Net assetsLn 32 | $21.1M | $33.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $8.3M | $8.3M | ||
| Grants and assistance to foreign recipientsLn 3 | $859K | $859K | ||
| Pay of current officers, directors and key staffLn 5 | $215K | $172K | $43K | |
| Other salaries and wagesLn 7 | $135K | $108K | $27K | |
| Pension plan contributionsLn 8 | $7K | $6K | $1K | |
| Other employee benefitsLn 9 | $12K | $10K | $2K | |
| Payroll taxesLn 10 | $27K | $22K | $5K | |
| Legal feesLn 11b | $31K | $18K | $13K | |
| Accounting feesLn 11c | $4K | $2K | $2K | |
| Investment management feesLn 11f | $22K | $22K | ||
| Other fees for servicesLn 11g | $63K | $36K | $27K | |
| Advertising and promotionLn 12 | $30K | $30K | $248 | |
| Office expensesLn 13 | $6K | $6K | ||
| TravelLn 17 | $16K | $14K | $2K | |
| Conferences, conventions and meetingsLn 19 | $4K | $4K | ||
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $15K | $2K | $13K | |
| Total functional expensesLn 25 | $9.7M | $9.6M | $170K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $22.2M | $9.7M | $12.5M | $33.4M | 990 PDF |
| FY2023 | $14.7M | $7.2M | $7.5M | $21.1M | 990 PDF |
| FY2022 | $13.1M | $2.0M | $11.1M | $18.3M | 990 PDF |
| FY2021 | $7.5M | $3.2M | $4.3M | $7.2M | 990 PDF |
| FY2020 | $2.6M | $232K | $2.4M | $2.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $22,238,411 revenue, 12 lines filed
Part VI · Governance 4 of 5 board members independent, no flags
Part VIII · Statement of revenue $22,238,411 across 6 lines filed
Part IX · Statement of functional expenses $9,741,398 across 17 lines filed
Part X · Balance sheet $33,404,486 assets, 12 lines filed
Part XI · Reconciliation of net assets $33,388,060 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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