Impactisrael Inc
- Assets
- $31.1m
- Revenue
- $13.5m
- Investments
- $0.0
- Employees
- 9
- Location
- Needham, MA
- Founding
- 05/1991
- Data as of
- 12/2023
- EIN
- 22-3090463
Organization Overview
Impactisrael Inc is located in Needham, MA. The organization was established in 1991. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Impactisrael Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impactisrael 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 12/2023, Impactisrael Inc generated $13.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $11.5m during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 9 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IMPACTISRAEL SUPPORTS THE PROGRAMS AND ACTIVITIES OF YEMIN ORDE WINGATE YOUTH VILLAGE AND THE VILLAGE WAY EDUCATIONAL INITIATIVES IN ISRAEL.
Describe the Organization's Program Activity:
THE YOUTH VILLAGE IS LOCATED ON 77 ACRES ATOP MOUNT CARMEL IN NORTHERN ISRAEL. THE YOUTH VILLAGE PROVIDES A HOME, A SAFE HAVEN, AND AN EDUCATION TO AT-RISK IMMIGRANT CHILDREN FROM AROUND THE WORLD. THROUGH A DEEPLY SENSITIVE APPROACH TO LIVING AND LEARNING, AND A DEDICATED STAFF AND TEAM OF PROFESSIONALS, THESE FORMERLY TRAUMATIZED CHILDREN'S LIVES ARE TRANSFORMED. THEY DEVELOP SELF-ESTEEM AND LEADERSHIP SKILLS AND LEARN TO LIVE IN WHOLENESS: HEALTHY, CAPABLE, AND STRONG. THE YOUTH VILLAGE ALSO INCLUDES A HIGH SCHOOL, AN ART AND MUSIC CENTER, A MODERN COMPUTER CENTER, A CENTRAL DINING ROOM, LIBRARY, ECO-FARM, AND SPORTS FACILITIES.
VILLAGE WAY EDUCATIONAL INITIATIVES (VWEI) IS AN INDEPENDENT ORGANIZATION CREATED IN 2006 TO EXTEND YEMIN ORDE'S UNIQUE METHODOLOGY, CALLED THE VILLAGE WAY, TO TRANSFORM OTHER YOUTH VILLAGES AND PUBLIC HIGH SCHOOLS IN ISRAEL SERVING AT-RISK YOUTH. FACILITATORS PROVIDE RESOURCES, WORKSHOPS, TEACHER TRAINING AND INTERVENTIONS TO EMPOWER EDUCATORS THROUGHOUT ISRAEL. IN ADDITION, VWEI PROVIDES RESOURCES FOR THREE PRE-MILITARY LEADERSHIP PROGRAMS - TWO FOR MEN AND ONE FOR WOMEN - IN NORTHERN ISRAEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Arogeti Board Chairman | OfficerTrustee | 10 | $0 |
George Blank Immediate Past Chairman | OfficerTrustee | 2 | $0 |
Charles Gwirtsman Treasurer | OfficerTrustee | 3 | $0 |
Jeremy Barnett Campaign Chairperson | OfficerTrustee | 1 | $0 |
Michael Frieze Chair Emeritus | Trustee | 1.5 | $0 |
Michael Salzhauer Investment Committee Chair | 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 | $12,110,230 |
| Noncash contributions included in lines 1a–1f | $181,396 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,110,230 |
| Total Program Service Revenue | $0 |
| Investment income | $562,558 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $817,277 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,541,631 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $9,712,842 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $301,596 |
| Compensation of current officers, directors, key employees. | $30,160 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $747,126 |
| Pension plan accruals and contributions | $15,539 |
| Other employee benefits | $20,912 |
| Payroll taxes | $73,954 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $203,141 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $142,539 |
| Fees for services: Other | $15,542 |
| Advertising and promotion | $48,216 |
| Office expenses | $47,048 |
| Information technology | $24,286 |
| Royalties | $0 |
| Occupancy | $39,358 |
| Travel | $32,779 |
| 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 | $13,458 |
| Insurance | $6,274 |
| All other expenses | $11,326 |
| Total functional expenses | $11,490,922 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,999,773 |
| Savings and temporary cash investments | $672,408 |
| Pledges and grants receivable | $4,687,672 |
| Accounts receivable, net | $0 |
| 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 | $45,987 |
| Net Land, buildings, and equipment | $407,739 |
| Investments—publicly traded securities | $21,501,979 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $772,449 |
| Total assets | $31,088,007 |
| Accounts payable and accrued expenses | $19,207 |
| Grants payable | $4,355,693 |
| Deferred revenue | $0 |
| 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 | $127,615 |
| Total liabilities | $4,502,515 |
| Net assets without donor restrictions | $13,274,907 |
| Net assets with donor restrictions | $13,310,585 |
| 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 | $31,088,007 |