Impact One Initiative Incorporated
- Assets
- $75.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paducah, KY
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-3542370
Organization Overview
Impact One Initiative Incorporated is located in Paducah, KY. The organization was established in 2014. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact One Initiative Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Impact One Initiative Incorporated generated $194.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $206.6k during the year ending 12/2021. While expenses have increased by 24.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE CORPORATION IS RAISING AWARENESS REGARDING ISSUES OF EDUCATION IN ZAMBIA. THE CORPORATION IS PROVIDING TRAINING AND EDUCATION RESOURCES AND FACILITIES FOR THE LOCAL SCHOOLS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Whitney Morreau President | 40 | $33,500 | |
Klista Storts VP Secretary | 1 | $0 | |
Beth Sales Board Member | 1 | $0 | |
Shawn Turner Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $183,493 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,520 |
| Other Revenue | $1,000 |
| Total Revenue | $194,015 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,054 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,578 |
| Total expenses | $206,632 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,751 |
| Other assets | $0 |
| Total assets | $75,029 |
| Total liabilities | $720 |
| Net assets or fund balances | $74,309 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Impact One Initiative Incorporated has recieved totaling $40,319.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $40,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $319 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Blessing International Relief & Development Corp Virginia Beach, VA | $46,516,514 | $96,480,836 |
Blumont Global Development Inc Arlington, VA | $10,315,810 | $52,380,007 |
Christian Relief Services Charities Inc Alexandria, VA | $4,032,952 | $38,457,221 |
Lifesong For Orphans Inc Gridley, IL | $55,071,126 | $40,755,637 |
Christian Relief Services Charities Inc Alexandria, VA | $1,058,086 | $23,184,836 |
Blumont International Inc Arlington, VA | $12,865,572 | $19,569,982 |
Nph-Usa Chicago, IL | $9,523,398 | $16,657,427 |
Gleaning For The World Inc Concord, VA | $12,160,365 | $11,390,037 |
Coptic Orphans Support Association Merrifield, VA | $53,399,454 | $18,274,988 |
One Collective Nfp Elgin, IL | $3,863,320 | $13,470,210 |
Nascent Solutions Inc Alexandria, VA | $4,533,019 | $10,643,568 |
Good News In Action Inc Sidney, OH | $1,401,234 | $9,131,841 |