Impact On Education
- Assets
- $5.0m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 14
- Location
- Louisville, CO
- Founding
- 09/1984
- Data as of
- 03/2022
- EIN
- 84-0943046
Organization Overview
Impact On Education is located in Louisville, CO. The organization was established in 1984. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 03/2022, Impact On Education employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact On Education 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 03/2022, Impact On Education generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $2.4m during the year ending 03/2022. While expenses have increased by 3.0% per year over the past 7 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 On Education has awarded 20 individual grants totaling $3,138,677. 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
SUPPORT BOULDER VALLEY STUDENTS IN ORDER TO MEET CRITICAL NEEDS AND ELIMINATE OPPORTUNITY GAPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CRITICAL NEEDS (MARSHALL FIRE & COVID): IN DECEMBER 2021, THE PURPOSE OF THE EXISTING CRITICAL NEEDS FUND EXPANDED WHEN THE MARSHALL FIRE DESTROYED OVER 1,000 HOMES, DISRUPTING THE LIVES OF HUNDREDS OF FAMILIES IN THE SCHOOL DISTRICT. IMPACT ON EDUCATION PROVIDED MORE THAN 6,000 STUDENTS WITH INTENSIVE MENTAL HEALTH SUPPORT, AWARDED $50,000 IN DIRECT CASH ASSISTANCE TO IMPACTED BVSD STAFF, REPLACED $60,000 OF ACADEMIC, ATHLETIC, AND MUSIC MATERIALS, PROVIDED 300 DISPLACED FAMILIES WITH TRANSPORTATIONS STIPENDS TO HELP GET STUDENTS TO SCHOOL, PROVIDED 600 BACKPACKS FILLED WITH SCHOOL SUPPLIES, AND PROVIDED $50,000 IN GIFT CARDS AND COMFORT KITS TO 900 IMPACTED STUDENTS AND FAMILIES. THE CRITICAL NEEDS FUND ALSO PROVIDED SUPPORT TO ADDRESS THE IMPACTS OF THE PANDEMIC-RELATED SCHOOL CLOSURES ON STUDENT LEARNING AND MENTAL HEALTH.
PROGRAMS TO IMPROVE STUDENT OUTCOMES (ACADEMIC OPPORTUNITY FUND, SUMMER SHUFFLE, CAREER READINESS ACADEMY, SCHOLARSHIPS): OUR WORK TO SUPPORT STUDENTS FROM EARLY CHILDHOOD TO COLLEGE AND CAREER READINESS AND AT EACH STEP ALONG THE WAY WAS A MAJOR INVESTMENT IN THE 21-22 FISCAL YEAR. IN SUMMER 2021, 160 RISING BVSD KINDERGARTEN STUDENTS WITH IDENTIFIED RISK FACTORS WERE ABLE TO ACCESS 6 WEEKS OF SUMMER INSTRUCTION TO ENSURE THEY ARRIVED AT SCHOOL AS PREPARED AS THEIR PEERS. IN ADDITION TO AWARDING $24,000 IN SCHOLARSHIPS, OUR FIRST CAREER READINESS ACADEMY ENSURED THAT 20 HIGH SCHOOL STUDENTS COULD ACCESS PROFESSIONAL SKILLS AND CAREER GUIDANCE FROM LOCAL PROFESSIONALS. WE ALSO INVESTED OVER $150,000 THROUGH OUR ACADEMIC OPPORTUNITY FUND THAT EDUCATORS REQUESTED IN THE 21-22 SCHOOL YEAR. THESE PAID FOR NEEDS RANGING FROM TUTORING AND STEM KITS TO INSTRUMENT REPAIR AND NEW BOOKS FOR SCHOOL LIBRARIES.
CRAYONS TO CALCULATORS: THE CRAYONS TO CALCULATORS PROGRAM PROVIDES NEW BACKPACKS AND SUPPLIES TO NEARLY 11,000 STUDENTS IN NEED IN THE BOULDER VALLEY AND ST. VRAIN VALLEY SCHOOL DISTRICTS AT THE START OF THE SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Billings Executive Director | 40 | $137,072 | |
Karen Kruse Treasurer | OfficerTrustee | 2 | $0 |
David Ziegert Vice Chair | OfficerTrustee | 2 | $0 |
Karen Brown Secretary | OfficerTrustee | 2 | $0 |
Carly Hare Chair | OfficerTrustee | 3 | $0 |
Rob Anderson Ex-Officio | Trustee | 2 | $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 | $3,432,248 |
| Noncash contributions included in lines 1a–1f | $542,351 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,432,248 |
| Total Program Service Revenue | $0 |
| Investment income | $90,766 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $66,175 |
| Net Income from Fundraising Events | $251,795 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,843,939 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,633,780 |
| Grants and other assistance to domestic individuals. | $207,004 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $139,725 |
| Compensation of current officers, directors, key employees. | $15,370 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $257,291 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,040 |
| Payroll taxes | $34,102 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,122 |
| Fees for services: Accounting | $18,153 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,694 |
| Advertising and promotion | $7,898 |
| Office expenses | $13,393 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,629 |
| Travel | $34 |
| 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 | $36 |
| Insurance | $6,526 |
| All other expenses | $4,478 |
| Total functional expenses | $2,404,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,068,998 |
| Savings and temporary cash investments | $1,502,739 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $43,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,947 |
| Prepaid expenses and deferred charges | $10,248 |
| Net Land, buildings, and equipment | $614 |
| Investments—publicly traded securities | $2,315,115 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,200 |
| Total assets | $4,962,861 |
| Accounts payable and accrued expenses | $26,976 |
| Grants payable | $608,195 |
| Deferred revenue | $15,000 |
| 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 | $650,171 |
| Net assets without donor restrictions | $1,678,206 |
| Net assets with donor restrictions | $2,634,484 |
| 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 | $4,962,861 |
Grants Awarded
Over the last fiscal year, Impact On Education has awarded $1,417,092 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BOULDER VALLEY SCHOOL DISTRICT PURPOSE: TO STAFF MENTAL HEALTH ADVOCATES AT SCHOOLS, AND TO HELP FAMILES IN NEED WITH SCHOOL SUPPLIES, IT SERVICES, NUTRITION, STUDENT AFTERCARE, LITERACY AND OTHER ASSISTANCE. | $1,208,535 |
EDUCATIONAL FOUNDATION OF ST VRAIN PURPOSE: TO HELP FAMILES IN NEED WITH SCHOOL SUPPLIES AND OTHER ASSISTANCE. | $83,683 |
SANCHEZ ELEMENTARY PURPOSE: TO SUPPORT TEACHERS AND STUDENTS TO FOSTER INNOVATION IN CLASSROOMS; TO HELP FAMILIES IN NEED WITH SCHOOL SUPPLIES | $49,620 |
BOULDER HIGH SCHOOL PURPOSE: TO SUPPORT TEACHERS AND STUDENTS TO FOSTER INNOVATION IN CLASSROOMS | $18,200 |
CENTAURUS HIGH SCHOOL PURPOSE: TO SUPPORT TEACHERS AND STUDENTS TO FOSTER INNOVATION IN CLASSROOMS | $14,565 |
FAIRVIEW HIGH SCHOOL PURPOSE: TO SUPPORT TEACHERS AND STUDENTS TO FOSTER INNOVATION IN CLASSROOMS | $14,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Impact On Education has recieved totaling $35,000.
| Awarding Organization | Amount |
|---|---|
Starting Line Foundation Boulder, CO PURPOSE: GENERAL PURPOSES | $35,000 |
Endowment Analysis
| Beg. Balance | $2,333,493 |
| Earnings | $47,343 |
| Net Contributions | $24,000 |
| Grants | $14,150 |
| Ending Balance | $2,390,686 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Supply Management Inc Tempe, AZ | $18,812,365 | $12,909,076 |
Envision Xpress Inc Wichita, KS | $21,582,294 | $13,602,741 |
Nmc Inc Los Alamos, NM | $8,318,653 | $11,151,295 |
Kansas State Newman Foundation Manhattan, KS | $3,619,556 | $4,925,097 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Los Alamos National Laboratory Foundation Espanola, NM | $121,206,991 | $6,734,322 |
Friends Of Guadalupe Salt Lake City, UT | $991,216 | $160,574 |
Rockley Family Foundation Inc Golden, CO | $1,094,070 | $6,767,758 |
Castle Rock Lifelong Learning Center Castle Rock, CO | $14,698,293 | $9,801,652 |
Osteopathic Medical Education Consortium Of Oklahoma Inc Tulsa, OK | $3,495,258 | $6,319,915 |
James Megellas Foundation Inc Scottsdale, AZ | $68,107,616 | $5,113,659 |
Steamboat Springs Education Fund Steamboat Springs, CO | $4,415,852 | $5,543,622 |