Arrow Impact
- Assets
- $55.8m
- Revenue
- $25.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-1423625
Organization Overview
Arrow Impact is located in Menlo Park, CA. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Arrow Impact 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, Arrow Impact generated $25.8m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 73.7% each year . All expenses for the organization totaled $12.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Arrow Impact has awarded 52 individual grants totaling $14,515,000. 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.
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 |
|---|---|---|---|
Charles M Wolfson Executive Director | 40 | $0 | |
Mark A Wolfson President | 15 | $0 | |
B Howard Pearson Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $23,500,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,308,838 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $1,445,228 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,808,838 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $223,757 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $87,947 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $389 |
| Printing and publications | $0 |
| Other expenses | $6,062 |
| Total operating and administrative expenses | $483,495 |
| Contributions, gifts, grants paid | $12,200,000 |
| Total expenses and disbursements | $12,683,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,932,241 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $53,868,075 |
| Total assets | $55,800,316 |
| Accounts payable and accrued expenses | $1,003 |
| Grants payable | $7,500,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $101,619 |
| Total liabilities | $7,602,622 |
Grants Awarded
Over the last fiscal year, Arrow Impact has awarded $6,665,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ALL OUR KIN PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |
BRAVEN PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
COOP CAREERS INC PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
ECHOING GREEN PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |
LENA PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
MERIT AMERICA PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |