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Platform for Social Impact

EIN 66-0963647 · San Juan, PR

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak40 out of 100GovernanceStrong93 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 29% of its spending went to programs.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

RAISE CAPITAL TO SUPPORT A DIVERSE PORTFOLIO OF PROGRAMS, ORGANIZATIONS, AND IMPACT-FIRST BUSINESSES OFTEN LET OUT OF TRADITIONAL MARKETS, GENERATE ECONOMIC VALUE WHILE BENEFITING UNDERSERVED COMMUNITIES AND CREATING OPPORTUNITIES FOR SOCIAL MOBILITY.

Income
$2.4 million
Spending
$3.0 million
Spent on programs
30%
Reserves
12.8 months of spending
Largest source of income
government grants, 88%
Employees
22
Highest pay
$221,000, ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 40 out of 100. Higher than 11% of charities in its peer group (community improvement, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 12.8 months of spending.

  • Debt

    5 of 20

    It owes 50% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 26% of income.

  • Income trend

    0 of 15

    Income fell 51% on the year before.

  • Spending floor

    0 of 15

    29% of spending went to programs and raising each dollar of donations cost 19 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 93 out of 100. Higher than 57% of charities in its peer group (community improvement, $1m to $10m).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $779,287 spent. CAPITAL PROJECTS - IMPLEMENTATION AND MANAGEMENT OF VARIOUS PROJECTS AIMED AT IMPROVING INFRASTRUCTURE, FACILITIES, OR ASSETS WITHIN THE COMMUNITY. DEVELOP, INTERCONNECT, ASSEMBLE PROJECTS WITH SPECIFIC OBJECTIVES, TIMELINES, AND BUDGETS, ALL DESIGNED TO ACHIEVE A COMMON GOAL.
  2. HEALTHCARE - PROVIDE SOCIALLY EQUITABLE, QUALITY HEALTH SERVICES TO UNDERSERVED COMMUNITIES TO IMPROVE HEALTH BY DEVELOPING FINANCIALLY VIABLE AND SUSTAINABLE HEALTH SERVICES INCLUDING PRIMARY PREVENTIVE HEALTH, LABORATORY AND X-RAY SERVICES FOR UNDERSERVED, DENSELY POPULATED, WELL DEFINED GEOGRAPHIC AREAS.
  3. BUSINESS DEVELOPMENT - THE BUSINESS DEVELOPMENT EFFORTS OF PLATFORM FOR SOCIAL IMPACT, INC. (PSI) ENCOMPASS A WIDE RANGE OF INITIATIVES AIMED AT EXPANDING THE ORGANIZATION'S REACH AND IMPACT. THIS INCLUDES EXPLORING OPPORTUNITIES FOR STRATEGIC PARTNERSHIPS, SECURING FUNDING FROM DIVERSE SOURCES, AND DEVELOPING INNOVATIVE FINANCIAL INSTRUMENTS. PSI'S PURSUIT OF CATALYTIC CAPITAL IN PUERTO RICO IS TO DEMONSTRATE THE EXISTENCE OF AN UNTAPPED MARKET FOR IMPACT INVESTMENT IN THE REGION, WITH THE POTENTIAL TO GENERATE THE NECESSARY RESOURCES TO ENSURE THE LONG-TERM SUSTAINABILITY OF PSI'S INITIATIVES AND ECONOMIC MOBILITY FOR FAMILIES.
  4. $102,697 spent. DURING THE FISCAL YEAR ENDED JUNE 30, 2025, PSI SIGNED A PROFESSIONAL SERVICES CONTRACT WITH THE DEPARTMENT OF ECONOMIC DEVELOPMENT AND COMMERCE OF PUERTO RICO THAT AMOUNTED TO APPROXIMATELY 2,250,000 TO PROVIDE SERVICES RELATED WITH LANDSCAPE SCAN AND NEEDS ASSESSMENT FOR THE WORKFORCE DEVELOPMENT PROGRAM, IN COLLABORATION WITH JOBS FOR THE FUTURE, INC. (JFF), A NOT-FOR-PROFIT ENTITY DEDICATED TO THE PAST FORTY (40) YEARS TO PROMOTE THE TRANSFORMATION OF EDUCATIONAL AND LABOR ECOSYSTEMS IN THE UNITED STATES TO ACHIEVE ECONOMIC PROGRESS IN DISADVANTAGED POPULATIONS.
  5. DURING THE FISCAL YEAR ENDED JUNE 30, 2025, PSI SIGNED A PROFESSIONAL SERVICES CONTRACT WITH THE DEPARTMENT OF ECONOMIC DEVELOPMENT AND COMMERCE OF PUERTO RICO THAT AMOUNTED TO APPROXIMATELY 2,250,000 TO PROVIDE SERVICES RELATED WITH LANDSCAPE SCAN AND NEEDS ASSESSMENT FOR THE WORKFORCE DEVELOPMENT PROGRAM, IN COLLABORATION WITH JOBS FOR THE FUTURE, INC. (JFF), A NOT-FOR-PROFIT ENTITY DEDICATED TO THE PAST FORTY (40) YEARS TO PROMOTE THE TRANSFORMATION OF EDUCATIONAL AND LABOR ECOSYSTEMS IN THE UNITED STATES TO ACHIEVE ECONOMIC PROGRESS IN DISADVANTAGED POPULATIONS.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2021.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.