Includus Fund EIN 92-2237902

Includus Fund

EIN  92-2237902 Public charity (501(c)(3)) McLean, VA Founded 2023
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Size
$100K–1M
What they do
Promotes equity and inclusion via programs, investments, and partnerships.
Leadership
Bacilia Angel · President
Money in and out
$538K revenue, $645K expenses
Bottom line
78% program efficiency

Promotes equity and inclusion via programs, investments, and partnerships. For fiscal year 2025 it reported $538K in revenue, $645K in expenses, and $-35K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$538K
Pt VIII · Ln 12
Total expenses
$645K
Pt IX · Ln 25
Net assets
$-35K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$107K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.22
Program efficiency
78%
of spending reaches programs
Operating runway
0.0mo
months of highly liquid reserves at operating expense rate▼ -100% vs prior filing year
Surplus margin
-20%
revenue over expenses, this year▼ -1288% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$538K
FY2025▼ -70%
Expenses
$645K
FY2025▼ -63%
Total assets
$717
FY2025▼ -98%
Total liabilities
$36K
FY2025▲ +289%
Total revenue
$538K
Pt VIII · Ln 12
Total expenses
$645K
Pt IX · Ln 25
Net assets
$-35K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$107K
Total assetsPt X · Ln 16$717
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2025.
01

Pertenecemos is a bold campaign powered by the includus fund to empower latino immigrants to thrive, lead and belonh. We are dedicated to building a future where immigrants are celebrate for their contributions, protected in their rights and uplifted through opportunoties.

Pt IX · col B
02

Susies mission is to empower women of color by connecting them to culturally attuned mental health resources that promote holistic care, foster prevention and awareness and dismantle stigma, ensuringh equitable and compassionate support.

Pt IX · col B
03

Grita canta vota harness the power of music to inspire, inform, and mobilize latinos to hecome civically engaged and be part of the democratic process. We help people sign up to vote and get them excited about taking part in voting.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIncludus Fund
EINHdr · item D92-2237902
Principal addressHdr · item CMcLean, VA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2023
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFJul 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Includus Fund executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$412K · 77%
Other revenue$126K · 23%
Contributions & grants77%$412K
Other revenue23%$126K
Total revenueLn 12$538K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.22
Program services78%$501K
Management & general22%$144K
Total functional expensesLn 25$645K

Balance Sheet

Part X · end of year
CashLn 1$717
Total assetsLn 16$717
Total liabilitiesLn 26$36K
Total net assetsLn 32$-35K
Months of cash on handcomputed0.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $717 · Operating expenses/yr $645K
0.0 months
Where the money goes
Program services
Program services $501K · Total expenses $645K
78%
Management & General
Management & general $144K · Total expenses $645K
22%
Fundraising
Fundraising $0 · Total expenses $645K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $937K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $412K · Total revenue $538K
77%
Government reliance
Government grants — · Total revenue $538K
Earned-income share
Program service revenue $0 · Total revenue $538K
0%
Investment reliance
Investment income $0 · Total revenue $538K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $645K
0%
Growth & trend
Revenue growth (YoY)
This year $538K · Prior year $1.8M
-70%
Net-asset trend (YoY)
End of year $-35K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $538K · Expenses $645K
-20%
Liabilities-to-Assets
Total liabilities — · Total assets $717
Net-asset ratio
Net assets $-35K · Total assets $717
-4872%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $717
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bacilia Angel · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $645K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $199K · Total expenses $645K
31%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 22%
Revenue growth -70%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Ford FoundationFY2024$200K
Way to RiseFY2024$50K
Equis InstituteFY2024$40K
Civic NationFY2024$12K
Total grants receivedfrom 10 funders$1.5M
See all 10 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$538K revenue · viewing · ⤓ 990 PDF
FY2024$1.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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