Acumen Fund is a social advocacy organization based in New York, NY that was founded in 2001. As of 2018 they had $29 million in revenue and $121 million in assets.
Acumen fund is working to create a world beyond poverty by investing in social enterprises, emerging leaders and breakthrough ideas. We invest patient capital in businesses that deliver critical, affordable goods and services to the poor, improving th...
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|---|---|---|
| 2016-12 | Jan 18, 2018 | 990 | |
| 2015-12 | Dec 30, 2016 | 990 | |
| 2014-12 | Oct 5, 2015 | 990 | |
| 2013-12 | Nov 21, 2014 | 990 | |
| 2012-12 | Sep 27, 2013 | 990 | |
| ...and two more Form 990 PDFs | |||
| Field | 2017 |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising event contributions | $89,559 |
| Related organizations | $0 |
| Government grants (contributions) | $1,927,488 |
| Normal grants, contributions, etc. | $25,676,501 |
| Non-cash contributions | $459,873 |
| Program services | $1,697,425 |
| Investment income and dividends | $69,671 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $3,901 |
| Net rental income | $0 |
| Net gain from sale of non-inventory assets | $77,110 |
| Net income from fundraising events | $-39,873 |
| Net income from gaming activities | $-21,443 |
| Net income from sales of inventory | $0 |
| Miscellaneous revenues | $162,649 |
| Total revenues | $29,642,988 |
| Field | 2017 |
|---|---|
| Grants to govts. and orgs. in USA | $165,000 |
| Grants to individuals in USA | $0 |
| Grants to govts., orgs., and individuals outside USA | $707,127 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, etc. | $2,629,581 |
| Compensation not included above, to disqualified persons | $0 |
| Non-officer salaries and wages | $5,727,465 |
| Pension/retirement accruals and contributions | $201,262 |
| Other employee benefits | $437,827 |
| Payroll taxes | $571,997 |
| Management fees | $137,390 |
| Legal fees | $109,011 |
| Accounting fees | $137,923 |
| Lobbying fees | $0 |
| Pro. fundraising fees | $0 |
| Investment mgmt fees | $0 |
| Other fee-for-service | $4,998,918 |
| Advertising and promotion | $223,571 |
| Office expenses | $203,959 |
| Information tech. expenses | $495,498 |
| Royalty expenses | $0 |
| Occupancy | $757,507 |
| Travel | $912,052 |
| Public official travel and entertainment | $0 |
| Conferences, meetings, etc. | $652,317 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, amortization, etc. | $299,943 |
| Insurance | $62,524 |
| All other expenses | $2,505,926 |
| Total expenses | $21,936,798 |
| Field | 2017 |
|---|---|
| Cash (non-interest-bearing) | $456,525 |
| Savings, short-term investments, etc. | $35,073,080 |
| Pledges and grants receivable | $21,417,847 |
| Accounts receivable | $1,157,247 |
| Loans receivable from officers, directors, etc. | $0 |
| Loans receivable from other disqualified persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for use | $0 |
| Prepaid expenses and deferred charges | $294,560 |
| Buildings, equipment, etc. post-depreciation | $421,059 |
| Investments, publicly traded securities | $0 |
| Investments, other securities | $500,959 |
| Investments, program-related | $61,608,951 |
| Intangible assets | $0 |
| Other assets | $765,287 |
| Total assets | $121,695,515 |
| Field | 2017 |
|---|---|
| Accounts payable and accrued expenses | $1,899,357 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans payable to officers and disqualified persons | $0 |
| Secured mortgages and notes payable to unrelated third parties | $0 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,899,357 |
| Field | 2017 |
|---|---|
| Unrestricted net assets | $82,044,415 |
| Temporarily restricted net assets | $37,751,743 |
| Permanently restricted net assets | $0 |
| Field | 2017 |
|---|---|
| Total margin | 25% |
| Working capital | $56,499,902 |
| Current assets | $58,399,259 |
| Current liabilities | $1,899,357 |
| Days cash on hand | 591 days |
| Acid test liquidity ratio | 30.59 |
| Vendor | Services | Amount paid | Date |
|---|---|---|---|
| Drupal | Content management system software | 2018-12-18 | |
| █████████ | Content management system software | 2018-12-18 | |
| ███ ████████ ██████ ███ | Tax accounting | 2018-11-15 | |
| █████████ | CRM software; Marketing software | 2018-05-03 | |
| ██████ █████ ███ ███ | Staffing Services | $268,155 | 2017-12-01 |
| ███ ███████████ █████ ███ | Peo Service Fee | $142,028 | 2017-12-01 |
| ██████ ███████ | Vendor Impact Research | $209,308 | 2017-12-01 |
| ██████ █████████ ████████ ███ | Vendor Software | $178,040 | 2017-12-01 |
| ...and one more vendors | |||
| Name | Title | Compensation | Last updated |
|---|---|---|---|
| Jacqueline Novogratz | Chief Executive Officer | - | Sept. 27, 2018 |
| ██████████ █████████ | Board Member / Chief Executive Officer and Director | $351,901 | Feb. 2, 2018 |
| ██████ ██ █████ | Chief Operating Officer | - | May 31, 2018 |
| ██████ ████████ | Chief Financial Officer Until September 2016 and Advisor | $175,195 | May 31, 2018 |
| █████████ █████ | Chief Investment Officer | $266,563 | May 31, 2018 |
| █████████ ███████ | Chief Innovation Officer | $241,013 | Dec. 31, 2016 |
| █████ ███████ | Chief Innovation Officer , New York , Usa | - | Sept. 25, 2018 |
| █████████ █████ █████ | Chief of Staff To Chief Executive Officer | $179,793 | Sept. 28, 2017 |
| █████ ██ ███████ | Founder of the Los Angeles Chapter | - | June 8, 2016 |
| ████████ ███████ | Director De Inversiones and Investment Director | - | Sept. 18, 2018 |
| ...and 41 more key personnel | |||
| Name | Type | Revenue | Location | |
|---|---|---|---|---|
| 1 | Brac Usa | 501(c)(3) | $9.1 million | New York, NY |
| 2 | Millennium Promise | 501(c)(3) | $15 million | New York, NY |
| 3 | International Aids Vaccine Initiative Inc (Dba Aids Vaccine Initiative Intl) | 501(c)(3) | $80 million | New York, NY |
| 4 | Aeras | 501(c)(3) | $32 million | Rockville, MD |
| 5 | Center for Global Development (CGD) | 501(c)(3) | $20 million | Washington, DC |
| 6 | Water.org | 501(c)(3) | $27 million | Kansas City, MO |
| 7 | Thrive Networks Global | 501(c)(3) | $8.3 million | Oakland, CA |
| 8 | International Vaccine Institute (IVI) | 501(c)(3) | $27 million | Republic of Korea, |
| 9 | Global Communities | 501(c)(3) | $133 million | Silver Spring, MD |
| 10 | Trickle Up Program Inc | 501(c)(3) | $8.6 million | New York, NY |
| 11 | Cuso International | 501(c)(3) | $19 million | Canada, |
| 12 | Hunger Project | 501(c)(3) | $16 million | New York, NY |
| 13 | TrustAfrica | 501(c)(3) | $8.3 million | New York, NY |
| 14 | WaterAid America (WAA) | 501(c)(3) | $11 million | New York, NY |
| 15 | Near East Foundation (NEF) | 501(c)(3) | $14 million | Syracuse, NY |
| 16 | Helen Keller International Incorporated | 501(c)(3) | $69 million | New York, NY |
| 17 | World Monuments Fund (WMF) | 501(c)(3) | $10 million | New York, NY |
| 18 | Oxfam America | 501(c)(3) | $79 million | Boston, MA |
| 19 | Counterpart International | 501(c)(3) | $68 million | Arlington, VA |
| 20 | Pact | 501(c)(3) | $23 million | Washington, DC |
| 21 | Grameen Foundation | 501(c)(3) | $14 million | Washington, DC |
| 22 | International Youth Foundation (IYF) | 501(c)(3) | $19 million | Baltimore, MD |
| 23 | Cgiar | 501(c)(3) | $13 million | France, |
| 24 | Bill Hillary & Chelsea Clinton FOUNDATION | 501(c)(3) | $70 million | Little Rock, AR |
| 25 | Sustainable Fisheries Partnership Foundation | 501(c)(3) | $9.4 million | Honolulu, HI |
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