Impact One Initiative Incorporated
- Assets
- $75.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paducah, KY
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-3542370
Organization Overview
Impact One Initiative Incorporated is located in Paducah, KY. The organization was established in 2014. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact One Initiative Incorporated 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 One Initiative Incorporated generated $194.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $206.6k during the year ending 12/2021. While expenses have increased by 24.8% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE CORPORATION IS RAISING AWARENESS REGARDING ISSUES OF EDUCATION IN ZAMBIA. THE CORPORATION IS PROVIDING TRAINING AND EDUCATION RESOURCES AND FACILITIES FOR THE LOCAL SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Whitney Morreau President | 40 | $33,500 | |
Shawn Turner Treasurer | 2 | $0 | |
Beth Sales Board Member | 1 | $0 | |
Klista Storts VP Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $183,493 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,520 |
| Other Revenue | $1,000 |
| Total Revenue | $194,015 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,054 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,578 |
| Total expenses | $206,632 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,751 |
| Other assets | $0 |
| Total assets | $75,029 |
| Total liabilities | $720 |
| Net assets or fund balances | $74,309 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Impact One Initiative Incorporated has recieved totaling $40,319.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $40,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $319 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Blessing International Relief & Development Corp Virginia Beach, VA | $46,516,514 | $96,480,836 |
Blumont Global Development Inc Arlington, VA | $10,315,810 | $52,380,007 |
Christian Relief Services Charities Inc Alexandria, VA | $4,032,952 | $38,457,221 |
Lifesong For Orphans Inc Gridley, IL | $55,071,126 | $40,755,637 |
Christian Relief Services Charities Inc Alexandria, VA | $1,058,086 | $23,184,836 |
Blumont International Inc Arlington, VA | $12,865,572 | $19,569,982 |
Nph-Usa Chicago, IL | $9,523,398 | $16,657,427 |
Gleaning For The World Inc Concord, VA | $12,160,365 | $11,390,037 |
Coptic Orphans Support Association Merrifield, VA | $53,399,454 | $18,274,988 |
One Collective Nfp Elgin, IL | $3,863,320 | $13,470,210 |
Nascent Solutions Inc Alexandria, VA | $4,533,019 | $10,643,568 |
Good News In Action Inc Sidney, OH | $1,401,234 | $9,131,841 |