Impact Oklahoma Inc
- Assets
- $345.9k
- Revenue
- $323.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Oklahoma City, OK
- Founding
- 10/2004
- Data as of
- 12/2019
- EIN
- 73-1715755
Organization Overview
Impact Oklahoma Inc is located in Oklahoma City, OK. The organization was established in 2004. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2019, Impact Oklahoma Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Oklahoma Inc 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 12/2019, Impact Oklahoma Inc generated $323.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $414.7k during the year ending 12/2019. While expenses have increased by 7.8% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
IMPACT OKLAHOMA AGGREGATES INDIVIDUAL $1000 DONATIONS INTO $100,000 GRANTS FOR CENTRAL OKLAHOMA NONPROFITS WHO ARE STARTING OR EXPANDING PROGRAMS. IN 2019, $100,000 TO ST LUKES FOR MEALS ON WHEELS. $20,625 FOR OPERATIONAL COST FOR GOOD SHEPHARD CLINIC, OKC COLLEGE, HEART OF OK
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPACT OKLAHOMA IS A NETWORK OF LIKE-MINDED WOMEN WHICH FOCUSES ON COLLECTIVE GIVING TO 5 NONPROFIT CATEGORIES: FAMILY, HEALTH & WELLNESS, EDUCATION, COMMUNITY AND CULTURE. THE MISSION IS TO PROVIDE TRANSFORMATIONAL DOLLARS SO THAT A NONPROFIT CAN ACHIEVE THE NEXT LEVEL OF SUCCESS WITH THEIR PROGRAMS. WHEN A NONPROFIT ORGANIZATION WINS ONE OF THE $100,000 GRANTS, THE EFFECT IS TRULY TRANSFORMATIONAL. THE MEMBERS OF IMPACT OKLAHOMA LEARN ABOUT PHILANTHROPY, AND GRANT APPLICANTS RECEIVE MUCH-NEEDED EXPOSURE FOR THEIR PROGRAMS. WOMEN IN OUR MEMBERSHIP PROGRAM BENEFIT FROM SOCIAL AND COMMUNITY CONNECTIONS. OUR MEMBERSHIP MIXERS GIVE OUR MEMBERS AND GUESTS A PLACE TO CONNECT WITH ONE ANOTHER AND HEAR FROM OUR FORMER BENEFICIARIES. OUR FOCUS AREA COMMITTEES PROVIDE INFORMATION ON LOCAL NONPROFITS WITHIN A FOCUS AREA, AND EDUCATE COMMITTEE MEMBERS AS TO THE HEALTH AND DIRECTION OF MANY LOCAL ORGANIZATIONS. THEY USE THIS INFORMATION TO MAKE INFORMED RECOMMENDATIONS TO THE MEMBERSHIP BODY, AND TO INFORM THEIR OWN GIVING. OUR GRANTMAKING PROGRAM RESULTED IN STRENGTHENED AND MORE RESILIENT NONPROFITS, AND ALLOWED APPLICANTS TO CREATE IMPLEMENTATION PLANS FOR THEIR MOST AMBITIOUS PROGRAMS. WE ULTIMATELY PROVIDED FUNDING TO POSITIVE TOMORROWS TO EXPAND THEIR TRANSPORTATION NETWORK FOR HOMELESS SCHOOL CHILDREN IN THE OKLAHOMA CITY AND PUTNAM CITY SCHOOL DISTRICTS, AND PROVIDED THE SEED FUNDING FOR A TINY HOMES COMMUNITY THAT WILL ALLOW CHILDREN AGING OUT OF FOSTER CARE, OR IN CHARGE OF SIBLING GROUPS A HOME BASE AND EXPAND THE SERVICES THEY RECEIVE FROM PIVOT, A TURNING POINT FOR YOUTH. OPERATING GIFTS WERE ALSO GIVEN TO THE SOONER THEATRE AND LIMBS FOR LIFE FOUNDATION.
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 |
|---|---|---|---|
Adrienne Hubbard Treasurer | Officer | 0 | $0 |
Jilian Larimore Executive Director | Officer | 20 | $0 |
Cassie Wilson Board President | Officer | 10 | $0 |
Jackie Clifford Administrative | Officer | 0 | $0 |
Susan Zubik Immediate Past President | Officer | 10 | $0 |
Debbie Rowley Board Vice President | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $225,039 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $62,847 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $287,886 |
| Total Program Service Revenue | $0 |
| Investment income | $134 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $34,952 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $322,972 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $242,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $53,126 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,746 |
| Advertising and promotion | $2,495 |
| Office expenses | $2,693 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,462 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $129 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,111 |
| All other expenses | $81,884 |
| Total functional expenses | $414,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,463 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,267 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $785 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $57,483 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,946 |
| Total assets | $345,944 |
| Accounts payable and accrued expenses | $6,669 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,669 |
| Net assets without donor restrictions | $195,065 |
| Net assets with donor restrictions | $144,210 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $345,944 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Impact Oklahoma Inc has recieved totaling $16,321.
| Awarding Organization | Amount |
|---|---|
Bowen Foundation Oklahoma City, OK PURPOSE: CHARITABLE | $9,400 |
Clementine Foundation Nichols Hills, OK PURPOSE: CHARITABLE DONATION | $2,075 |
Michael & Jane Sigmon Family Foundation Inc Norman, OK PURPOSE: PROVIDING GRANTSTO CHARTITABLE ORGANIZATIONS | $2,000 |
Lemon Family Foundation Edmond, OK PURPOSE: PROGRAMS | $1,500 |
Peyton Family Foundation Oklahoma City, OK PURPOSE: CHARITABLE | $1,000 |
Clementine Foundation Nichols Hills, OK PURPOSE: CHARITABLE DONATION | $247 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jasper Ridge Charitable Fund Fort Worth, TX | $1,059,804,391 | $51,342,189 |
Communities Foundation Of Oklahoma Inc Oklahoma City, OK | $155,793,943 | $76,729,791 |
Impact Investing Charitable Foundation Inc Overland Park, KS | $59,629,063 | $92,847,262 |
W W Caruth Jr Foundation Dallas, TX | $444,705,321 | $32,925,098 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
Dallas Center For The Performing Arts Foundation Inc Dallas, TX | $209,822,251 | $21,963,048 |
Houston Parks Board Houston, TX | $62,239,000 | $18,357,527 |
Fossil Foundation Richardson, TX | $2,468,423 | $514,916 |
Pratham Usa Houston, TX | $25,223,728 | $25,510,214 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Amg Charitable Gift Foundation Greenwood Village, CO | $149,608,626 | $31,189,759 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |