Transform Finance Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 842283500 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Transform Finance Inc?

Transform Finance Inc is a New York-based nonprofit organization, located at 188 Grand Street, New York, NY 10013. Their primary mission is to bridge the gap between social justice advocates and investors, enabling community leaders to have a say in how capital impacts them. By demystifying finance and building capacity, they empower historically excluded individuals to reclaim their seats at the capital decision-making table. Additionally, Transform Finance Inc supports impact investors committed to deepening their impact investment practice, providing them with transformative approaches and strategies to demonstrate the approach's viability. Their work fosters collaboration between investors and social justice practitioners, promoting dialogue and breaking down barriers of knowledge and values. Transform Finance Inc has a workforce of 3 individuals.


Official website here: www.transformfinance.org

Is Transform Finance Inc legitimate?

Transform Finance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transform Finance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $277,751
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,872

For more financial information, click here


Official website here: www.transformfinance.org

What is the mission statement of Transform Finance Inc?

Transform Finance Inc's mission is centered around aligning capital with social justice values. They aim to empower community leaders, particularly those historically excluded from capital decisions, to shape how capital flows affect them. This is achieved by demystifying finance and building capacity for these leaders. The organization also supports investors committed to impact investing, guiding them to adopt transformative approaches and demonstrating their viability. Transform Finance Inc fosters collaboration between these previously disconnected stakeholders - investors and social justice practitioners - by creating connections, breaking down knowledge and value barriers, and facilitating dialogue.


Official website here: www.transformfinance.org

Who is the CEO of Transform Finance Inc?

Curt Lyon is the Executive Director of Transform Finance Inc.


Official website here: www.transformfinance.org

What is the revenue of Transform Finance Inc?

Transform Finance Inc's revenue in 2022 was $989,329.


Official website here: www.transformfinance.org

Who are the executives of Transform Finance Inc and what are their salaries?

The average compensation at Transform Finance Inc during 2022 was $107,874. There are 3 employees at Transform Finance Inc.


Here are 5 key members and their salaries:


Andrea Armeni (Executive Director)
  • Compensation: $173,294
  • Related: $0
  • Other: $0
Cathy Albisa (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aner Ben-Ami (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chid Liberty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Lyon (Treasurer/Deputy Director)
  • Compensation: $80,214
  • Related: $0
  • Other: $0


Official website here: www.transformfinance.org

Where can I find the form 990 for Transform Finance Inc?

Transform Finance Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.transformfinance.org

Learn more at the official website: www.transformfinance.org

Mission Statement of Transform Finance Inc

Transform Finance Inc, a renowned organization, strives to align capital with social justice values. Its mission is multifaceted, aiming to empower community leaders and activists by providing them with access to capital as a tool for driving transformative social change. The organization achieves this by demystifying finance and building capacity within these groups, enabling them to hold capital accountable and have a say in its deployment.

Transform Finance Inc also supports members of historically marginalized communities who have been excluded from capital decision-making processes, helping them reclaim their seat at the table. Furthermore, the organization assists investors committed to deepening their impact investment practice by adopting transformative approaches and demonstrating their viability through education, concrete tools, and strategies.

In essence, Transform Finance Inc serves as a bridge between investors and social justice practitioners, fostering a new discourse and collaboration between these previously disconnected stakeholders. By creating connections, breaking down barriers of knowledge and values, and facilitating dialogue, the organization aims to drive social change and ensure that capital is used in a way that aligns with social justice values.

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Impact




July, 2024

Transform Finance Inc's impact lies in its mission to align capital with social justice values and empower activists and community leaders to access capital as a tool for transformative social change. By demystifying finance and building capacity for activists and community leaders, they support historically excluded individuals in reclaiming their seat at the table of capital decisions. Additionally, the organization facilitates collaboration between investors and social justice practitioners, breaking down barriers and fostering dialogue to deepen impact investment practices. Transform Finance Inc's work exemplifies a commitment to reshaping the discourse around capital flows and promoting inclusivity in financial decision-making.




This information is meant to be a general summary of Transform Finance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$989,329 (2022)
Expenses
$443,020 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $124,229
  • Gross Receipts: $989,329

Assets and Liabilities:

  • Total Assets: $1,139,613
  • Total Liabilities: $277,117
  • Net Assets: $862,496

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONSULTING INCOME

Revenue

$124,229

Organization Details

Founding Year

2019

Principal Officer

Curt Lyon

Main Address

188 GRAND STREET, NEW YORK, NY, 10013

NTEE Category

Code: S30 - Community improvement

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