NonprofitsSocial Performance Task Force

Community Improvement & Capacity Building

Social Performance Task Force

BETHESDA, MD

Total revenue

$1.3M

Total expenses

$2.3M

Net assets

$1.7M

Grants received

$254K

2 grants

EIN

461392259

Tax year

2024

Mission

To promote and support effective social performance management standards (universal standards for social performance management) throughout the global microfinance industry in order to create responsible and ethical business practices among financial service providers.

Programs

2 programs

Assessing, improving, demonstrating:sptf has worked with one of its members, cerise, to develop a free assessment tool (called the spi4) that enables fsps to assess their social performance management practices against the universal standards. This tool allows fsps to understand their spm strengths and weaknesses and create an action plan for improvement. Sptf does not directly provide technical assistance to fsps because that would compete with its members. Rather, sptf works to make sure that the most updated trainings, resources, and tools are available to fsps and ta providers, and that they know how to use them. Sptf also conducts online trainings and provides free resources in several languages to help improve practices related to the universal standards.to advance work on demonstrating outcomes, the sptf runs the outcomes working group to develop guidelines both for investors and for fsps for measuring and managing outcomes as well as to create a list of common outcome indicators in the areas of poverty/housing/assets, business, and resilience.

Expenses: $1.6M

Reporting & demonstrating:reporting on spm data helps the responsible inclusive finance sector be transparent, ensures the data is available to investors, and allows the industry to benchmark and analyze trends. Sptf plays a coordinating role in this activity as mix, cerise and the rating agencies conduct the vast majority of the direct work in collection of data. Sptf is managing discussion amongst these actors to consolidate this spm information onto a common data platform so that it is more accessible to users.

Expenses: $43K

Financials

FY 2024

Revenue

Contributions & grants$1.0M
Program service revenue$142K
Investment income$4K
Other revenue$132K
Total revenue$1.3M

Expenses

Grants paid
Salaries & benefits$524K
Fundraising$774
Other expenses$1.8M
Total expenses$2.3M
Total assets$1.8M
Net assets$1.7M

People

16 listed

NameRoleCompensation

LAURA FOOSE

EXECUTIVE DIRECTOR

Board

$198K

40 hrs/wk

FRANK STREPPEL

BOARD MEMBER

Board

2 hrs/wk

EMMANUELLE JAVOY

BOARD MEMBER

Board

2 hrs/wk

GENEVIEVE HENNESSY-BARRETT

BOARD MEMBER

Board

2 hrs/wk

JOANA AFONSO

BOARD MEMBER

Board

2 hrs/wk

SYED MOHSIN AHMED

BOARD MEMBER

Board

2 hrs/wk

UPOMA ANTARA HUSAIN

BOARD MEMBER

Board

2 hrs/wk

CHARLOTTE FAUQUEMBERGUE

BOARD MEMBER

Board

2 hrs/wk

JACQUELINE MBABAZI

BOARD MEMBER

Board

2 hrs/wk

CECILE LAPENU

BOARD MEMBER

Board

2 hrs/wk

EDGARDO PEREZ PRECIADO

BOARD MEMBER

Board

2 hrs/wk

LOIC DE CANNIERE

CHAIRMAN

Board

2 hrs/wk

FRANK DEGIOVANNI

CHAIR EMERITUS

Board

2 hrs/wk

TOM SHAW

BOARD MEMBER

Board

2 hrs/wk

PAUL WEBER

BOARD MEMBER

Board

2 hrs/wk

AMELIA GREENBERG

DEPUTY DIRECTOR

Staff

$179K

40 hrs/wk

Independent contractors

CERISE MICROFINANCE

CONSULTING

$702K

CALIBRE CPA GROUP PLLC

ACCOUNTING

$131K

ANNE CECILE FOLAN

CONSULTING

$106K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$200K
CAPACITY BUILDING
2022

Funded by

$254K from 2 funders · 2 grants · 2022–2023

New Venture Fund

$200K · 1 grant · 2022

Accion International

$54K · 1 grant · 2023

Details

EIN461392259
NTEE codeS30
Subsection03
Ruling date2014-07
Formed2012
Employees3
Volunteers0
SOCIAL PERFORMANCE TASK FORCE — Mission, Financials & Grants Received | Grantivo