Impact Living Services
- Assets
- $3.2m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 106
- Location
- Forest, VA
- Founding
- 05/2014
- Data as of
- 12/2021
- EIN
- 45-4769701
Organization Overview
Impact Living Services is located in Forest, VA. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Impact Living Services employed 106 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Living Services 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 Living Services generated $6.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.2% each year . All expenses for the organization totaled $5.3m during the year ending 12/2021. While expenses have increased by 37.6% 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
IMPACT LIVING SERVICES (ILS) PROVIDES UNIQUE AND VARIED SERVICES TO THE CENTRAL VIRGINIA COMMUNITY. ILS IS A LICENSED CHILD PLACING AGENCY PROVIDING TRANSITIONAL LIVING SERVICES FOCUSED ON ASSISTING YOUTH IN FOSTER CARE BY PROMOTING INTERDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPACT LIVING SERVICES (ILS) IS A NON-PROFIT AGENCY PROVIDING UNIQUE AND VARIED SERVICES TO THE CENTRAL VIRGINIA COMMUNITY. ILS IS A LICENSED CHILD PLACING AGENCY PROVIDING TRANSITIONAL LIVING SERVICES FOCUSED ON ASSISTING YOUTH IN FOSTER CARE BY PROMOTING INTERDEPENDENCE SO THAT EACH YOUTH MAY REACH THEIR INDIVIDUAL POTENTIAL SOCIALLY, ACADEMICALLY, VOCATIONALLY AND RELATIONALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Tesi President | OfficerTrustee | 30 | $292,131 |
Kevin Cloran Director | Trustee | 2 | $0 |
Mary Lee Director | Trustee | 10 | $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 | $629,465 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $629,465 |
| Total Program Service Revenue | $5,456,980 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,072 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,118,517 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,120 |
| 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. | $292,131 |
| Compensation of current officers, directors, key employees. | $87,639 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,123,410 |
| Pension plan accruals and contributions | $46,184 |
| Other employee benefits | $28,417 |
| Payroll taxes | $181,106 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,500 |
| Fees for services: Accounting | $3,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $139,583 |
| Advertising and promotion | $33,500 |
| Office expenses | $124,138 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $258,781 |
| Travel | $75,490 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $42,404 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,517 |
| Insurance | $155,916 |
| All other expenses | $0 |
| Total functional expenses | $5,309,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $879,240 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $828,759 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $60,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,212 |
| Net Land, buildings, and equipment | $1,376,262 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,151,473 |
| Accounts payable and accrued expenses | $113,829 |
| Grants payable | $0 |
| 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 | $1,274,874 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,388,703 |
| Net assets without donor restrictions | $0 |
| 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 | $1,762,770 |
| Total liabilities and net assets/fund balances | $3,151,473 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Impact Living Services has recieved totaling $34,125.
| Awarding Organization | Amount |
|---|---|
Centra Health Inc Lynchburg, VA PURPOSE: Youth Svcs | $33,750 |
Gap Foundation San Francisco, CA PURPOSE: FOR CIVIC & COMMUNITY ENGAGEMENT | $300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $75 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth Enrichment Program Of Wilson Wilson, NC | $22,968,665 | $15,099,824 |
Partnership For A Healthier America Inc Washington, DC | $8,156,675 | $7,675,528 |
Seeding Success Memphis, TN | $15,830,696 | $16,460,800 |
Emerald Youth Foundation Knoxville, TN | $26,135,509 | $10,102,853 |
Girls On The Run International Charlotte, NC | $10,723,648 | $6,480,865 |
Washington Nationals Philanthropies Washington, DC | $8,857,322 | $4,334,499 |
Tennessee Soccer Club Inc Brentwood, TN | $2,122,655 | $5,672,715 |
Peaceplayers International Washington, DC | $2,663,713 | $3,827,781 |
Impact Living Services Forest, VA | $3,151,473 | $6,118,517 |
Service Year Exchange Inc Washington, DC | $7,358,910 | $7,347,919 |
Richmond First Tee Richmond, VA | $10,036,196 | $3,399,029 |
Breakfree Education Columbia, MD | $2,710,082 | $3,378,734 |