Impact One Initiative Incorporated
- Assets
- $53.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paducah, KY
- Founding
- 07/2014
- Data as of
- 12/2022
- 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 12/2022, Impact One Initiative Incorporated generated $115.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $135.2k during the year ending 12/2022. 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
2022
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 | $35,000 | |
Shawn Turner Treasurer | 2 | $0 | |
Klista Storts VP Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,569 |
| 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 | $115,569 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,946 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $144 |
| Other expenses | $8,145 |
| Total expenses | $135,235 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,610 |
| Other assets | $0 |
| Total assets | $53,833 |
| Total liabilities | $445 |
| Net assets or fund balances | $53,388 |