NonprofitsSomo Project

International, Foreign Affairs & National Security

Somo Project

NEW YORK, NY

Total revenue

$1.1M

Total expenses

$902K

Net assets

$1.3M

Grants received

$1.2M

28 grants

EIN

464140758

Tax year

2024

Mission

Registered 501(c)(3) that provides training, mentorship, and capital to entrepreneurs building businesses out of low income urban.

Financials

FY 2024

Revenue

Contributions & grants$1.0M
Program service revenue$3K
Investment income$19K
Other revenue
Total revenue$1.1M

Expenses

Grants paid
Salaries & benefits
Fundraising$32K
Other expenses$870K
Total expenses$902K
Total assets$1.4M
Net assets$1.3M

People

8 listed

NameRoleCompensation

AMELIA HOPKINS PHILLIPS

CEO

Board

40 hrs/wk

EDEL WERE

BOARD CHAIR

Board

2 hrs/wk

BRITTANY RYDEN

SECRETARY

Board

2 hrs/wk

TOM PHILLIPS

TREASURER

Board

2 hrs/wk

CHARLES WARRIA

BOARD MEMBER

Board

2 hrs/wk

KAGURE WAMUNYU

BOARD MEMBER

Board

1 hrs/wk

ESKOR JOHN

BOARD MEMBER

Board

1 hrs/wk

FIONA KIRUBI

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 28 of 28

FromAmountPurposeYear
$30K
GENERAL SUPPORT
2024
$10K
COMMUNITY & HUMAN SERVICES
2024
$3K
GENERAL PURPOSE
2024
$700K
General Support
2023
$45K
GENERAL SUPPORT
2023
$33K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2023
$20K
For grant recipient's exempt purposes
2023
$10K
GENERAL SUPPORT
2023
$3K
GENERAL PURPOSE
2023
$150K
GENERAL SUPPORT
2022
$22K
For grant recipient's exempt purposes
2022
$10K
GENERAL SUPPORT
2022
$3K
GENERAL PURPOSE
2022
$300
COMMUNITY/ENVIRONMENT
2022
$100K
GENERLA SUPPORT
2021
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$3K
GENERAL PURPOSE
2021
$30K
EQUALITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2020
$8K
For grant recipient's exempt purposes
2020
$3K
ECONOMIC DEVELOPMENT
2020
$3K
GENERAL PURPOSE
2020
$750
COMMUNITY OUTREACH
2020
$500
GENERAL FUNDS
2020
$13K
For grant recipient's exempt purposes
2019
$499
UNRESTRICTED
2019
$6K
FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS
2018
$23K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$1.2M from 13 funders · 28 grants · 2017–2024

Follow Your Dream Foundation Inc

$950K · 3 grants · 2021–2023

Fidelity Investments Charitable Gift Fund

$107K · 7 grants · 2017–2023

Project Redwood

$75K · 2 grants · 2023–2024

Tides Center

$63K · 2 grants · 2020–2023

The Sumner Family Foundation Inc

$20K · 2 grants · 2022–2023

The Gordon Fund

$13K · 5 grants · 2020–2024

Gs Donor Advised Philanthropy Fund

$10K · 1 grant · 2024

Globalgiving Foundation Inc

$6K · 1 grant · 2018

Details

EIN464140758
NTEE codeQ33
Subsection03
Ruling date2014-09
Formed2014
Employees0
Volunteers7
SOMO PROJECT — Mission, Financials & Grants Received | Grantivo