Impact 100-Owensboro Inc
- Assets
- $935.1k
- Revenue
- $385.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Owensboro, KY
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-3338126
Organization Overview
Impact 100-Owensboro Inc is located in Owensboro, KY. The organization was established in 2006. 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-Owensboro 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 12/2021, Impact 100-Owensboro Inc generated $385.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $306.0k during the year ending 12/2021. While expenses have increased by 2.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE A MINIMUM OF $100,000 FROM MEMBERS & DISTRIBUTE TO 501(C)(3) CHARITIES ANNUALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RAISE A MINIMUM OF $100,000 FROM MEMBERS & DISTRIBUTE TO 501 3(C) CHARITIES ANNUALLY.
TO TEACH THE NEXT GENERATION OF MEMBERS ABOUT THE NEEDS OF OUR COMMUNITY AND HOW TO GIVE BACK THROUGH PHILANTHROPY AND FRIENDSHIP.
IMPACT100 OWENSBORO HAS EMPOWERED A DIVERSE GROUP OF LOCAL WOMEN OF ALL AGES, STAGES IN LIFE, INCOME LEVELS AND BACKGROUNDS TO COME TOGETHER TO FUND TRANSFORMATIONAL GRANTS IN THE LOCAL REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Wahl President | OfficerTrustee | 2 | $0 |
Hope Yager Secretary | OfficerTrustee | 1 | $0 |
Jodi Krahwinkel President Elect | OfficerTrustee | 1 | $0 |
Regenia Sims Treasurer | OfficerTrustee | 1 | $0 |
Carol Bothwell Past President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $294,322 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,650 |
| Noncash contributions included in lines 1a–1f | $5,150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $299,972 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,603 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $385,173 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $270,500 |
| 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 | $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 | $5,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,158 |
| Advertising and promotion | $0 |
| Office expenses | $13,674 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,758 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,567 |
| All other expenses | $238 |
| Total functional expenses | $306,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $430,489 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,475 |
| 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 | $448,137 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $935,101 |
| Accounts payable and accrued expenses | $3,965 |
| Grants payable | $0 |
| Deferred revenue | $81,545 |
| 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 | $370,500 |
| Total liabilities | $456,010 |
| Net assets without donor restrictions | $379,091 |
| Net assets with donor restrictions | $100,000 |
| 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 | $935,101 |
Grants Awarded
Over the last fiscal year, Impact 100-Owensboro Inc has awarded $270,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Owensboro, KY PURPOSE: UPGRADING AND REPAIRING AGING EQUIPMENT AND FURNISHINGS | $100,000 |
SAINT BENEDICT JOSEPHS HOMELESS SHELTER INC PURPOSE: RENOVATION OF BATHROOMS AND UPGRADING LAUNDRY FACILITIES | $100,000 |
Owensboro, KY PURPOSE: UPGRADING AND REPAIRING AGING EQUIPMENT AND FURNISHINGS | $29,750 |
Owensboro, KY PURPOSE: RENOVATION OF CHARITIES FACILITIES | $29,750 |
Owensboro, KY PURPOSE: BUILDING BEDS FOR THE UNDERPRIVILEDGED OF COMMUNITY | $11,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Impact 100-Owensboro Inc has recieved totaling $1,252.
| Awarding Organization | Amount |
|---|---|
Bryant Foundation Inc Owensboro, KY PURPOSE: PROGRAM SERVICES | $1,000 |
Baird Foundation Inc Milwaukee, WI PURPOSE: GENERAL SUPPORT | $220 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Endowment Analysis
| Beg. Balance | $365,014 |
| Earnings | $85,124 |
| Ending Balance | $450,138 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN | $205,748,037 | $85,831,682 |
The Community Foundation Inc Richmond, VA | $859,349,771 | $152,790,051 |
Central Indiana Community Foundation Inc Indianapolis, IN | $548,109,976 | $56,175,018 |
The Community Foundation Of Louisville Inc Louisville, KY | $675,486,716 | $70,628,491 |
Dayton Foundation Dayton, OH | $614,105,736 | $82,530,515 |
Charlottesville Area Community Foundation Charlottesville, VA | $339,690,669 | $77,610,040 |
Elks National Foundation Inc Chicago, IL | $936,472,552 | $62,047,958 |
Hampton Roads Community Foundation Norfolk, VA | $431,066,210 | $16,919,172 |
Chattanooga Christian Community Foundation Chattanooga, TN | $107,861,272 | $37,732,736 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN | $242,437,300 | $52,106,763 |
Akron Community Foundation Akron, OH | $274,088,705 | $39,277,326 |
Dayton Foundation Depository Dayton, OH | $38,449,497 | $25,927,776 |