The Impact Movement Inc
- Assets
- $231.2k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 14
- Location
- Atlanta, GA
- Founding
- 08/2014
- Data as of
- 08/2023
- EIN
- 81-0596936
Organization Overview
The Impact Movement Inc is located in Atlanta, GA. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 08/2023, Impact Movement Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Movement 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 08/2023, Impact Movement Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $1.6m during the year ending 08/2023. While expenses have increased by 10.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE IMPACT MOVEMENT EQUIPS BLACK STUDENTS TO BECOME DISCIPLES OF JESUS CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING CHRISTIAN FAITH AND LEADERSHIP DEVELOPMENT IN STUDENTS OF AFRICAN DESCENT THROUGH EVANGELISM AND DISCIPLESHIP ON COLLEGE CAMPUSES. APPROXIMATELY 400 STUDENTS ARE INVOLVED IN IMPACT MINISTRY NATIONALLY. THERE IS AN IMPACT MINISTRY PRESENCE ON 44 CAMPUSES AND 30 CAMPUSES ARE CERTIFIED AS OFFICIAL IMPACT MINISTRY CHAPTERS. CERTIFIED CHAPTERS HAVE INDICATED A COMMITMENT TO EVANGELISM AND BIBLICAL DISCIPLESHIP. CAMPUS COACHES VISIT 40 CAMPUSES EACH YEAR AND COMMUNICATE WITH 45 STUDENT LEADERS VIA TELEPHONE ON A WEEKLY BASIS TO PROVIDE SPIRITUAL AND LEADERSHIP TRAINING TO PROMOTE REACHING THEIR RESPECTIVE CAMPUS WITH THE GOSPEL OF JESUS CHRIST.
PROMOTING CHRISTIAN FAITH AND LEADERSHIP DEVELOPMENT IN COMMUNITIES OF AFRICAN DESCENT BY PROVIDING TRAINING IN BIBLICAL PRINCIPLES THROUGH CONFERENCES AND EVENTS SUCH AS DOMESTIC AND INTERNATIONAL MISSION TRIPS, REGIONAL STUDENT LEADERSHIP INSTITUTES AND BIENNIAL REGIONAL AND NATIONAL CONFERENCES ATTENDED BY HIGH SCHOOL STUDENTS, COLLEGE STUDENTS, YOUNG PROFESSIONALS AND CHURCH YOUTH WORKERS. 12 STUDENTS, VOLUNTEERS, AND STAFF PARTICIPATED IN INTERNATIONAL MISSION TRIPS, 472 STUDENTS, VOLUNTEERS, AND STAFF ATTENDED REGIONAL STUDENT LEADERSHIP INSTITUTES, STUDENT RETREATS, AND NATIONAL CONFERENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Mcgee III President/ceo | OfficerTrustee | 50 | $85,360 |
Jessica Fowler Chairman | OfficerTrustee | 10 | $0 |
Jennifer Bridgewater Treasurer | OfficerTrustee | 10 | $0 |
Khary Bridgewater Director | Trustee | 10 | $0 |
Carla Davis Director | Trustee | 10 | $0 |
George Duffin Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,193,666 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,193,666 |
| Total Program Service Revenue | $151,659 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,562 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,347,018 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,091 |
| 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. | $113,733 |
| Compensation of current officers, directors, key employees. | $18,587 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $684,151 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $56,477 |
| Payroll taxes | $27,065 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,073 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $129,953 |
| Advertising and promotion | $300 |
| Office expenses | $60,412 |
| Information technology | $32,669 |
| Royalties | $0 |
| Occupancy | $3,511 |
| Travel | $202,563 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $109,370 |
| Interest | $11,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,960 |
| All other expenses | $0 |
| Total functional expenses | $1,589,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $225,100 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,437 |
| Accounts receivable, net | $0 |
| 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 | $4,675 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $231,212 |
| Accounts payable and accrued expenses | $52,330 |
| 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 | $406,498 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,720 |
| Total liabilities | $462,548 |
| Net assets without donor restrictions | -$231,336 |
| Net assets with donor restrictions | $0 |
| 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 | $231,212 |