Impact Society Inc
- Assets
- $125.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sykesville, MD
- Founding
- 09/2013
- Data as of
- 12/2023
- EIN
- 45-3602145
Organization Overview
Impact Society Inc is located in Sykesville, MD. The organization was established in 2013. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Society 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, Impact Society Inc generated $58.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $70.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IMPACT SOCIETY IS A NON-PROFIT ORGANIZATION EDUCATING AND ADVOCATING PEOPLE OF ALL BACKGROUNDS TO MAKE WISE CHOICES AND TO AVOID DESTRUCTIVE DECISIONS.
Describe the Organization's Program Activity:
Part 3
THE IMPACT SOCIETY PROVIDES THE FOLLOWING PROGRAMS AND SERVICES: IMPACT RECOVERY HOUSES FOR MEN - 2 HOUSES (24 BEDS TOTAL) 3404 GLEN AVE, BALTIMORE, MD 21215 -12 BEDS 27 BRIGHTSIDE AVE, PIKESVILLE, MD 21208 - 12 BEDS IMPACT RECOVERY HOUSE FOR WOMEN - 1 HOUSE (9 BEDS TOTAL) 21 BRIGHTSIDE AVE, PIKESVILLE, MD 21208 (9-BEDS) 44 RITTERS LANE OWINGS MILLS, MD 21117 (12 BEDS) IMPACT RECOVERY HOUSES OPERATES UNDER THE UMBRELLA OF THE IMPACT SOCIETY PROVIDING SAFE AND SUPPORTIVE HOUSING FOR PEOPLE IN EARLY RECOVERY FROM ALCOHOLISM AND ADDICTIONS. TWO HOUSES FOR MEN PROVIDE RESIDENTIAL HOUSING AND OTHER SUPPORT SERVICES FOR 20 PEOPLE AND OPERATES AT OR NEAR FULL CAPACITY AT ALL TIMES. ONE HOUSE FOR FEMALES PROVIDES RESIDENTIAL HOUSING AND OTHER SUPPORT SERVICES FOR 9 WOMEN AND OPERATES AT OR NEAR CAPACITY AT ALL TIMES. IN 2016, THE IMPACT SOCIETY PROVIDED SAFE HOUSING AND SUPPORT SERVICES FOR MORE THAN 100 PEOPLE. THE IMPACT SOCIETY MUSIC PERFORMANCES: AN ORIGINAL MODERN ROCK-MUSIC PERFORMANCE BY 5-PIECE BAND CARRYING A POSITIVE, UPLIFTING MESSAGE INFLUENCING PEOPLE OF ALL AGES AND BACKGROUNDS TO STAY CLEAN AND SOBER FROM DRUGS, AND TO MAKE WISE CHOICES.
SEE 1ST DESCRIPTION
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,582 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,582 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $27,699 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,098 |
| Total expenses | $70,797 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,038 |
| Other assets | $0 |
| Total assets | $125,407 |
| Total liabilities | $0 |
| Net assets or fund balances | $125,407 |