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MIP Score

56

Community Building
Community Funding - Single Org

Boston Impact Initiative Fund

Mission

Boston impact initiative fund's mission is to help build a future where entrepreneurs of color and their communities have the financial, social and political power to create a sustainable, inclusive and equitable economy for generations to come. to do this, bii invests integrated capital in social enterprises and community-controlled real estate to increase wealth and asset-building opportunities for communities of color in massachusetts and new england. bii is also transforming the impact investing field through field-building and education so that economic and racial justice becomes integral to any community-centered investment strategy.

Basic Information

Tax-Exempt

Address

02130-0004, Jamaica Plain, Massachusetts

View all Jamaica Plain charities

Founded in

2017

EIN

82-1543658

Total Assets

$10.14 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

56

46

/100

Program Expense Ratio

72.22%

8

/20

Program Revenue Growth

22.20%

18

/20

Leverage Ratio

0.665

6

/20

Working Capital Ratio

1.59

12

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants2.436M82.89%
Program Services429.3K14.61%
Investment Income26.69K0.91%
Sales of Non-Inventory Assets00.00%
Other Notable Sources46.81K1.59%
Total Revenue2.939M100.00%