Impact 100 Palm Beach County Inc
- Assets
- $1.9m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 1
- Location
- Boca Raton, FL
- Founding
- 11/2018
- Data as of
- 06/2022
- EIN
- 82-4558049
Organization Overview
Impact 100 Palm Beach County Inc is located in Boca Raton, FL. The organization was established in 2018. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact 100 Palm Beach County 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 06/2022, Impact 100 Palm Beach County Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $906.4k during the year ending 06/2022. While expenses have increased by 11.0% per year over the past 4 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.
Since 2019, Impact 100 Palm Beach County Inc has awarded 50 individual grants totaling $2,852,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPACT 100 PALM BEACH COUNTY CONNECTS, ENGAGES AND INSPIRES WOMEN TO IMPROVE OUR COMMUNITY BY COLLECTIVELY FUNDING MULTIPLE 100,000 GRANTS TO NONPROFITS THAT IMPLEMENT HIGH-IMPACT INITIATIVES IN SOUTHERN PALM BEACH COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES GRANTS TO NONPROFIT ORGANIZATIONS IN ORDER FOR THEM TO FURTHER THEIR MISSIONS IN THE AREAS OF ARTS & CULTURE, EDUCATION, ENVIRONMENT, FAMILY AND HEALTH & WELLNESS. THE ORGANIZATION RECEIVED IN-KIND DONATIONS OF 19,191 TO FURTHER THIS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Fleming President El | Officer | 2 | $0 |
Laura Bull Secretary | Officer | 3 | $0 |
Allison Davis Treasurer | Officer | 5 | $0 |
Holly Schuttler President | Officer | 15 | $0 |
Helen Ballerano Past Preside | Trustee | 2 | $0 |
Kathryn Gillespie Sponsorship | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $734,513 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $517,770 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,252,283 |
| Total Program Service Revenue | $0 |
| Investment income | $369 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,261,566 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $727,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,404 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,284 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,970 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,025 |
| Advertising and promotion | $12,441 |
| Office expenses | $30,676 |
| Information technology | $9,599 |
| Royalties | $0 |
| Occupancy | $5,464 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,248 |
| All other expenses | $4,944 |
| Total functional expenses | $906,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $557,431 |
| Savings and temporary cash investments | $975,696 |
| Pledges and grants receivable | $402,000 |
| Accounts receivable, net | $1,050 |
| 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 | $0 |
| 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 | $1,936,177 |
| Accounts payable and accrued expenses | $8,603 |
| Grants payable | $775,000 |
| Deferred revenue | $190,986 |
| 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 | $2,365 |
| Total liabilities | $976,954 |
| Net assets without donor restrictions | $959,223 |
| 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 | $1,936,177 |
Grants Awarded
Over the last fiscal year, Impact 100 Palm Beach County Inc has awarded $727,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Boynton Beach, FL PURPOSE: CHARITY | $100,000 |
Boca Raton, FL PURPOSE: CHARITY | $100,000 |
West Palm Beach, FL PURPOSE: CHARITY | $100,000 |
Boca Raton, FL PURPOSE: CHARITY | $100,000 |
West Palm Beach, FL PURPOSE: CHARITY | $100,000 |
North Palm Beach, FL PURPOSE: CHARITY | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Impact 100 Palm Beach County Inc has recieved totaling $179,964.
| Awarding Organization | Amount |
|---|---|
Childrens Healthcare Charity Inc Palm Beach Gardens, FL PURPOSE: GENERAL SUPPORT | $105,788 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $27,300 |
Charles And Elsie Gols Charitable Foundation Inc Merrimack, NH PURPOSE: GENERAL SUPPORT | $17,100 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $10,000 |
Joseph Raunhorst Family Foundation Sioux Falls, SD PURPOSE: GENERAL OPERATIONS | $5,000 |
Gary Peters Family Foundation Inc Boca Raton, FL PURPOSE: CHARTABLE/GENERAL PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Of Sarasota County Inc Sarasota, FL | $386,793,850 | $71,031,554 |
Gulf Coast Community Foundation Inc Venice, FL | $411,069,499 | $79,396,677 |
The Community Foundation For Northeast Florida Inc Jacksonville, FL | $630,367,087 | $110,893,672 |
Givewell Community Foundation Inc Lakeland, FL | $419,262,531 | $231,457,010 |
Community Foundation Of Collier County Naples, FL | $218,053,316 | $48,461,607 |
The Community Foundation Of Greater Birmingham Birmingham, AL | $299,631,425 | $49,687,592 |
Community Foundation Of Tampa Bay Inc Tampa, FL | $288,002,169 | $39,276,460 |
Community Foundation For Palm Beach & Martin Counties Inc West Palm Beach, FL | $221,759,809 | $29,612,714 |
Pinellas Community Foundation Clearwater, FL | $142,858,566 | $23,264,951 |
North Georgia Community Foundation Gainesville, GA | $121,312,465 | $29,287,202 |
Community Foundation Of The Chattahoochee Valley Inc Columbus, GA | $203,858,921 | $35,593,899 |
Community Foundation Of Broward Inc Fort Lauderdale, FL | $211,626,969 | $24,953,275 |