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Employer Identification Number 13-4166228

ACUMEN FUND INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:ACUMEN FUND INC
Employer identification number (EIN):13-4166228
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementOUR MISSION IS TO CREATE A WORLD BEYOND POVERTY BY INVESTING IN COMPANIES, LEADERS, AND IDEAS.OUR VISION IS THAT ONE DAY EVERY HUMAN BEING WILL HAVE ACCESS TO THE CRITICAL GOODS AND SERVICES THEY NEED - INCLUDING AFFORDABLE HEALTH, WATER AND SANITATION, HOUSING, ENERGY, EDUCATION FINANCIAL INCLUSION, AND AGRICULTURAL INPUTS - SO THEY CAN MAKE DECISIONS AND CHOICES FOR THEMSELVES AND UNLEASH THEIR FULL HUMAN POTENTIAL. THIS IS WHERE DIGNITY STARTS - NOT JUST FOR THE POOR BUT FOR EVERYONE ON EARTH.
Number of Employees72
Number of Volunteers16
Year Formed2001

Organization Governance

Legal DomicileNY
Voting Members - Governing Body15
Voting Members - Independent14

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,028,714
Program Service Revenue from current yearUSD $ 954,784
Investment Income from prior yearUSD $ -1,754,763
Investment Income from current yearUSD $ 1,345,663
Other Revenue from prior yearUSD $ 328,350
Other Revenue from current yearUSD $ -324,122
Gross receipts from all sourcesUSD $ 64,141,384
Net assets / fund balances at end of fiscal yearUSD $ 176,398,365
Net assets / fund balances at beginning of fiscal yearUSD $ 144,371,607
Total liabilities at end of fiscal yearUSD $ 10,806,671
Total liabilities at beginning of fiscal yearUSD $ 6,885,479
Total assets at end of fiscal yearUSD $ 187,205,036
Total assets at beginning of fiscal yearUSD $ 151,257,086
Revenues less expenses for current yearUSD $ 32,247,173
Revenues less expenses for previous yearUSD $ 7,655,844
Total expenses for current yearUSD $ 28,870,332
Total expenses for previous yearUSD $ 22,798,953
Other expenses in current yearUSD $ 14,128,735
Other expenses in previous yearUSD $ 8,814,003
Total fundraising expenses in current yearUSD $ 3,597,236
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 12,935,309
Employee salary and benefits paid in previous yearUSD $ 11,286,964
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,806,288
Grants and similar amounts paid in previous yearUSD $ 2,697,986
Total revenue in current fiscal yearUSD $ 61,117,505
Total revenue in previous fiscal yearUSD $ 30,454,797
Contributions and grants from current yearUSD $ 59,141,180
Contributions and grants from previous yearUSD $ 28,852,496
Gross income from fundraising eventsUSD $ 78,100
Total of other revenueUSD $ 259,294
2021-12-31
Total unrelated business incomeUSD $ -25,709
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,833,283
Program Service Revenue from current yearUSD $ 3,028,714
Investment Income from prior yearUSD $ 525,861
Investment Income from current yearUSD $ -1,754,763
Other Revenue from prior yearUSD $ 833,789
Other Revenue from current yearUSD $ 328,350
Gross receipts from all sourcesUSD $ 33,988,252
Net assets / fund balances at end of fiscal yearUSD $ 144,371,607
Net assets / fund balances at beginning of fiscal yearUSD $ 136,077,859
Total liabilities at end of fiscal yearUSD $ 6,885,479
Total liabilities at beginning of fiscal yearUSD $ 5,408,376
Total assets at end of fiscal yearUSD $ 151,257,086
Total assets at beginning of fiscal yearUSD $ 141,486,235
Revenues less expenses for current yearUSD $ 7,655,844
Revenues less expenses for previous yearUSD $ 468,839
Total expenses for current yearUSD $ 22,798,953
Total expenses for previous yearUSD $ 28,389,297
Other expenses in current yearUSD $ 8,814,003
Other expenses in previous yearUSD $ 10,850,835
Total fundraising expenses in current yearUSD $ 2,794,288
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 11,286,964
Employee salary and benefits paid in previous yearUSD $ 9,893,930
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,697,986
Grants and similar amounts paid in previous yearUSD $ 7,644,532
Total revenue in current fiscal yearUSD $ 30,454,797
Total revenue in previous fiscal yearUSD $ 28,858,136
Contributions and grants from current yearUSD $ 28,852,496
Contributions and grants from previous yearUSD $ 24,665,203
Total of other revenueUSD $ 328,350
2020-12-31
Total unrelated business incomeUSD $ 31,790
Net unrelated business incomeUSD $ 25,461
Program Service Revenue from prior yearUSD $ 2,317,027
Program Service Revenue from current yearUSD $ 2,833,283
Investment Income from prior yearUSD $ 2,756,044
Investment Income from current yearUSD $ 525,861
Other Revenue from prior yearUSD $ 491,207
Other Revenue from current yearUSD $ 833,789
Gross receipts from all sourcesUSD $ 33,005,882
Net assets / fund balances at end of fiscal yearUSD $ 136,077,859
Net assets / fund balances at beginning of fiscal yearUSD $ 135,879,359
Total liabilities at end of fiscal yearUSD $ 5,408,376
Total liabilities at beginning of fiscal yearUSD $ 5,039,812
Total assets at end of fiscal yearUSD $ 141,486,235
Total assets at beginning of fiscal yearUSD $ 140,919,171
Revenues less expenses for current yearUSD $ 468,839
Revenues less expenses for previous yearUSD $ 1,080,291
Total expenses for current yearUSD $ 28,389,297
Total expenses for previous yearUSD $ 29,886,557
Other expenses in current yearUSD $ 10,850,835
Other expenses in previous yearUSD $ 10,648,613
Total fundraising expenses in current yearUSD $ 2,409,992
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 3,316,680
Employee salary and benefits paid in current yearUSD $ 9,893,930
Employee salary and benefits paid in previous yearUSD $ 12,801,378
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 7,644,532
Grants and similar amounts paid in previous yearUSD $ 3,119,886
Total revenue in current fiscal yearUSD $ 28,858,136
Total revenue in previous fiscal yearUSD $ 30,966,848
Contributions and grants from current yearUSD $ 24,665,203
Contributions and grants from previous yearUSD $ 25,402,570
Total of other revenueUSD $ 833,789
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,431,762
Program Service Revenue from current yearUSD $ 2,317,027
Investment Income from prior yearUSD $ -3,790,315
Investment Income from current yearUSD $ 2,756,044
Other Revenue from prior yearUSD $ 226,997
Other Revenue from current yearUSD $ 491,207
Gross receipts from all sourcesUSD $ 33,090,301
Net assets / fund balances at end of fiscal yearUSD $ 135,879,359
Net assets / fund balances at beginning of fiscal yearUSD $ 131,681,787
Total liabilities at end of fiscal yearUSD $ 5,039,812
Total liabilities at beginning of fiscal yearUSD $ 3,117,746
Total assets at end of fiscal yearUSD $ 140,919,171
Total assets at beginning of fiscal yearUSD $ 134,799,533
Revenues less expenses for current yearUSD $ 4,396,971
Revenues less expenses for previous yearUSD $ 11,947,290
Total expenses for current yearUSD $ 26,569,877
Total expenses for previous yearUSD $ 22,674,343
Other expenses in current yearUSD $ 10,648,613
Other expenses in previous yearUSD $ 9,288,946
Total fundraising expenses in current yearUSD $ 3,316,680
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 12,801,378
Employee salary and benefits paid in previous yearUSD $ 11,761,818
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 3,119,886
Grants and similar amounts paid in previous yearUSD $ 1,623,579
Total revenue in current fiscal yearUSD $ 30,966,848
Total revenue in previous fiscal yearUSD $ 34,621,633
Contributions and grants from current yearUSD $ 25,402,570
Contributions and grants from previous yearUSD $ 35,753,189
Total of other revenueUSD $ 491,207
2018-12-31
Total unrelated business incomeUSD $ 77,583
Net unrelated business incomeUSD $ 84,616
Program Service Revenue from prior yearUSD $ 1,697,425
Program Service Revenue from current yearUSD $ 2,431,762
Investment Income from prior yearUSD $ 146,781
Investment Income from current yearUSD $ -3,790,315
Other Revenue from prior yearUSD $ 105,234
Other Revenue from current yearUSD $ 226,997
Gross receipts from all sourcesUSD $ 43,116,497
Net assets / fund balances at end of fiscal yearUSD $ 131,681,787
Net assets / fund balances at beginning of fiscal yearUSD $ 119,796,158
Total liabilities at end of fiscal yearUSD $ 3,117,746
Total liabilities at beginning of fiscal yearUSD $ 1,899,357
Total assets at end of fiscal yearUSD $ 134,799,533
Total assets at beginning of fiscal yearUSD $ 121,695,515
Revenues less expenses for current yearUSD $ 11,947,290
Revenues less expenses for previous yearUSD $ 7,706,190
Total expenses for current yearUSD $ 22,674,343
Total expenses for previous yearUSD $ 21,936,798
Other expenses in current yearUSD $ 9,288,946
Other expenses in previous yearUSD $ 11,496,539
Total fundraising expenses in current yearUSD $ 2,441,128
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 11,761,818
Employee salary and benefits paid in previous yearUSD $ 9,568,132
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,623,579
Grants and similar amounts paid in previous yearUSD $ 872,127
Total revenue in current fiscal yearUSD $ 34,621,633
Total revenue in previous fiscal yearUSD $ 29,642,988
Contributions and grants from current yearUSD $ 35,753,189
Contributions and grants from previous yearUSD $ 27,693,548
Gross income from fundraising eventsUSD $ 46,275
Gross income from gamingUSD $ 5,009
Total of other revenueUSD $ 272,711
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,152,170
Program Service Revenue from current yearUSD $ 1,697,425
Investment Income from prior yearUSD $ -140,554
Investment Income from current yearUSD $ 146,781
Other Revenue from prior yearUSD $ 175,453
Other Revenue from current yearUSD $ 105,234
Gross receipts from all sourcesUSD $ 29,904,970
Net assets / fund balances at end of fiscal yearUSD $ 119,796,158
Net assets / fund balances at beginning of fiscal yearUSD $ 112,151,805
Total liabilities at end of fiscal yearUSD $ 1,899,357
Total liabilities at beginning of fiscal yearUSD $ 2,071,343
Total assets at end of fiscal yearUSD $ 121,695,515
Total assets at beginning of fiscal yearUSD $ 114,223,148
Revenues less expenses for current yearUSD $ 7,706,190
Revenues less expenses for previous yearUSD $ 10,919,091
Total expenses for current yearUSD $ 21,936,798
Total expenses for previous yearUSD $ 19,444,682
Other expenses in current yearUSD $ 11,496,539
Other expenses in previous yearUSD $ 9,880,543
Total fundraising expenses in current yearUSD $ 2,280,301
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 9,568,132
Employee salary and benefits paid in previous yearUSD $ 8,959,868
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 872,127
Grants and similar amounts paid in previous yearUSD $ 604,271
Total revenue in current fiscal yearUSD $ 29,642,988
Total revenue in previous fiscal yearUSD $ 30,363,773
Contributions and grants from current yearUSD $ 27,693,548
Contributions and grants from previous yearUSD $ 29,176,704
Gross income from fundraising eventsUSD $ 51,900
Gross income from gamingUSD $ 5,520
Total of other revenueUSD $ 162,649
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 769,446
Program Service Revenue from current yearUSD $ 1,152,170
Investment Income from prior yearUSD $ 290,683
Investment Income from current yearUSD $ -140,554
Other Revenue from prior yearUSD $ 10,218
Other Revenue from current yearUSD $ 175,453
Gross receipts from all sourcesUSD $ 31,386,725
Net assets / fund balances at end of fiscal yearUSD $ 112,151,805
Net assets / fund balances at beginning of fiscal yearUSD $ 101,370,456
Total liabilities at end of fiscal yearUSD $ 2,071,343
Total liabilities at beginning of fiscal yearUSD $ 1,401,512
Total assets at end of fiscal yearUSD $ 114,223,148
Total assets at beginning of fiscal yearUSD $ 102,771,968
Revenues less expenses for current yearUSD $ 10,919,091
Revenues less expenses for previous yearUSD $ 6,343,022
Total expenses for current yearUSD $ 19,444,682
Total expenses for previous yearUSD $ 17,285,498
Other expenses in current yearUSD $ 9,880,543
Other expenses in previous yearUSD $ 7,384,046
Total fundraising expenses in current yearUSD $ 2,005,687
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,959,868
Employee salary and benefits paid in previous yearUSD $ 8,662,728
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 604,271
Grants and similar amounts paid in previous yearUSD $ 1,238,724
Total revenue in current fiscal yearUSD $ 30,363,773
Total revenue in previous fiscal yearUSD $ 23,628,520
Contributions and grants from current yearUSD $ 29,176,704
Contributions and grants from previous yearUSD $ 22,558,173
Gross income from fundraising eventsUSD $ 106,520
Total of other revenueUSD $ 554,566
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 743,453
Program Service Revenue from current yearUSD $ 769,446
Investment Income from prior yearUSD $ -393,477
Investment Income from current yearUSD $ 290,683
Other Revenue from prior yearUSD $ 10,595
Other Revenue from current yearUSD $ 10,218
Gross receipts from all sourcesUSD $ 23,670,046
Net assets / fund balances at end of fiscal yearUSD $ 101,370,456
Net assets / fund balances at beginning of fiscal yearUSD $ 95,317,398
Total liabilities at end of fiscal yearUSD $ 1,401,512
Total liabilities at beginning of fiscal yearUSD $ 1,246,537
Total assets at end of fiscal yearUSD $ 102,771,968
Total assets at beginning of fiscal yearUSD $ 96,563,935
Revenues less expenses for current yearUSD $ 6,343,022
Revenues less expenses for previous yearUSD $ 1,860,381
Total expenses for current yearUSD $ 17,285,498
Total expenses for previous yearUSD $ 16,871,549
Other expenses in current yearUSD $ 7,384,046
Other expenses in previous yearUSD $ 8,444,137
Total fundraising expenses in current yearUSD $ 2,052,248
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,662,728
Employee salary and benefits paid in previous yearUSD $ 7,452,108
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,238,724
Grants and similar amounts paid in previous yearUSD $ 975,304
Total revenue in current fiscal yearUSD $ 23,628,520
Total revenue in previous fiscal yearUSD $ 18,731,930
Contributions and grants from current yearUSD $ 22,558,173
Contributions and grants from previous yearUSD $ 18,371,359
Total of other revenueUSD $ 2,151

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 134166228

USA Mailing Address
40 WORTH STREET NO 303
NEW YORK
NY
10013
Date first seen: 2007-01-01
Date last seen: 2024-07-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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