Infact
- Assets
- $8.1m
- Revenue
- $8.0m
- Investments
- $0.0
- Employees
- 50
- Location
- Boston, MA
- Founding
- 05/1980
- Data as of
- 06/2023
- EIN
- 41-1322686
Organization Overview
Infact is located in Boston, MA. The organization was established in 1980. As of 06/2023, Infact employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Infact is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Infact generated $8.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $8.9m during the year ending 06/2023. While expenses have increased by 5.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION AND ITS MEMBERS WORK TOGETHER TO BUILD A SUSTAINABLE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 1977 CORPORATE ACCOUNTABILITY AND ITS MEMBERS HAVE WORKED TOGETHER TO BUILD A SUSTAINABLE WORLD. THE ORGANIZATION RUNS ITS PUBLIC EDUCATION CAMPAIGNS TO CURB CORPORATE ABUSE AND TO PROTECT PUBLIC HEALTH AND THE ENVIRONMENT WHILE STRENGTHENING DEMOCRATIC INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Lynn Executive Director/asst. Secretary | OfficerTrustee | 40 | $129,505 |
Akinbode Oluwafemi Chair | OfficerTrustee | 3 | $0 |
Paige Kirstein Vice-Chair | OfficerTrustee | 3 | $0 |
Vrinda Manglik Treasurer | OfficerTrustee | 3 | $0 |
Sarah Hodgdon Member | Trustee | 3 | $0 |
Martha Newell Member | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Big Duck Outreach/education/strategy | 6/29/17 | $130,558 |
Mal Warwick Associates Outreach/education/direct Mail | 6/29/17 | $549,081 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,019,013 |
| Noncash contributions included in lines 1a–1f | $873,194 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,019,013 |
| Total Program Service Revenue | $0 |
| Investment income | $7,037 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,026,050 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $93,050 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,205,466 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $146,733 |
| Compensation of current officers, directors, key employees. | $7,519 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,422,116 |
| Pension plan accruals and contributions | $84,686 |
| Other employee benefits | $422,758 |
| Payroll taxes | $288,273 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,927 |
| Fees for services: Accounting | $16,000 |
| Fees for services: Lobbying | $1,866 |
| Fees for services: Fundraising | $17,141 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $512,596 |
| Advertising and promotion | $333 |
| Office expenses | $12,826 |
| Information technology | $35,518 |
| Royalties | $0 |
| Occupancy | $616,264 |
| Travel | $206,339 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $158,223 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,244 |
| Insurance | $14,738 |
| All other expenses | $5,759 |
| Total functional expenses | $8,858,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,539,766 |
| Savings and temporary cash investments | $542,089 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $14,328 |
| Investments—publicly traded securities | $620,992 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,432,571 |
| Total assets | $8,149,746 |
| Accounts payable and accrued expenses | $425,549 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $436,295 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,577,967 |
| Total liabilities | $2,439,811 |
| Net assets without donor restrictions | $5,172,022 |
| Net assets with donor restrictions | $537,913 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,149,746 |
Grants Awarded
Over the last fiscal year, Infact has awarded $73,050 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN AMERICAN COMMUNITY TRUST PURPOSE: TO SUPPORT RACE EQUITY CAMPAIGN. | $10,000 |
FLINT RISINGTHE ADVOCACY FUND PURPOSE: TO SUPPORT WATER CAMPAIGN. | $32,550 |
INSTITUTE FOR THE BLACK WORLD 21ST CENTURY PURPOSE: TO SUPPORT RACE EQUITY CAMPAIGN. | $10,500 |
SOCIAL AND ENVIRONMENTAL ENTREPRENEURS PURPOSE: TO SUPPORT RACE EQUITY CAMPAIGN. | $10,000 |
THE ACCOMPLIS COLLECTIVE INC PURPOSE: TO SUPPORT RACE EQUITY CAMPAIGN. | $10,000 |