Impact 100-Owensboro Inc
- Assets
- $934.0k
- Revenue
- $311.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Owensboro, KY
- Founding
- 03/2006
- Data as of
- 12/2022
- 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 12/2022, Impact 100-Owensboro Inc generated $311.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $303.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Impact 100-Owensboro Inc has awarded 14 individual grants totaling $775,500. 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
TO RAISE A MINIMUM OF $100,000 FROM MEMBERS AND DISTRIBUTE TO 501(C)(3) CHARITIES ANNUALLY, IMPACT100 OWENSBORO HAS EMPOWERED A DIVERSE GROUP OF LOCAL WOMEN OF ALLAGES, STAGES IN LIFE, INCOME LEVELS AND BACKGROUNDS TO COME TOGETHER TOFUND TRANSFORMATIONAL GRANTS IN THE LOCAL REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RAISE A MINIMUM OF $100,000 FROM MEMBERS AND DISTRIBUTE TO 501(C)(3) CHARITIES ANNUALLY.
TO TEACH THE NEXT GENERATION OF MEMBERS ABOUT THE NEEDS OF OURCOMMUNITY AND HOW TO GIVE BACK THROUGH PHILANTHROPY AND FRIENDSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Jodi Krahwinkel President | OfficerTrustee | 2 | $0 |
Sarah Howard Treasurer | OfficerTrustee | 2 | $0 |
Beth Clements Vice President | OfficerTrustee | 2 | $0 |
Katie Drab Secretary | OfficerTrustee | 2 | $0 |
Linda Wahl Past President, Director | Trustee | 1 | $0 |
Martha Clark Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $288,424 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $298,924 |
| Total Program Service Revenue | $0 |
| Investment income | $12,600 |
| 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 | $311,524 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $268,200 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,125 |
| Advertising and promotion | $3,346 |
| Office expenses | $15,284 |
| 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 | $2,431 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,652 |
| All other expenses | $1,697 |
| Total functional expenses | $303,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $496,452 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $45,708 |
| Accounts receivable, net | $40 |
| 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 | $391,809 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $934,009 |
| Accounts payable and accrued expenses | $12 |
| Grants payable | $370,966 |
| Deferred revenue | $122,274 |
| 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 | $493,252 |
| Net assets without donor restrictions | $440,757 |
| 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 | $934,009 |
Grants Awarded
Over the last fiscal year, Impact 100-Owensboro Inc has awarded $268,200 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HABITAT FOR HUMANITY PURPOSE: CREATE A NEW HOMEOWNER EDUCATION AND TRAINING CENTER | $100,000 |
SLEEP IN HEAVENLY PEACE PURPOSE: BUILD TWIN BEDS FOR CHILDREN AGES 3-17 WHO ARE IN NEED | $29,500 |
DREAM RIDERS OF KENTUCKY INC PURPOSE: RENOVATIONS TO PRIMARY FACILITY | $29,500 |
DANIEL PITINO SHELTER PURPOSE: UPGRADE ELECTRICAL SYSTEMS AND LIGHTING, PURCHASE REFRIGERATORS, AND RENOVATE LAUNDRY ROOM | $100,000 |
AUBREY'S SONG FOUNDATION INC PURPOSE: FUNDING FOR THIER BODY POSITIVE STUDENT PROGRAM | $9,200 |