Impact Society
- Assets
- $1.4m
- Revenue
- $889.9k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-4657948
Organization Overview
Impact Society is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Society 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 Society generated $889.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES EDUCATIONAL SERVICES DATA DRIVE INSIGHTS AND A GLOBAL COMMUNITY FOR IMPACT INVESTING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Bonsey Executive Director | 40 | $149,847 | |
Justin Rockerfeller Chair | 2 | $0 | |
Josh Cohen Treasurer | 2 | $0 | |
Liesel Pritzker-Simmons Secretary | 1 | $0 | |
Alice M Silver-Heilman Employee | 40 | $106,000 | |
Zi Yu Pearline Yum Employee | 40 | $104,951 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
David Ehrlichman | 12/30/20 | $64,800 |
Office For Visual Affairs Llc | 12/30/20 | $64,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $740,118 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$140 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $149,884 |
| Total Revenue | $889,862 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $149,847 |
| Other employee salaries and wages | $522,452 |
| Pension plans, employee benefits | $109,003 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $20,980 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $129,953 |
| Total operating and administrative expenses | $1,496,719 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,496,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $771,143 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $528,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $33,759 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $60,000 |
| Total assets | $1,392,902 |
| Accounts payable and accrued expenses | $70,527 |
| Grants payable | $0 |
| Deferred revenue | $8,216 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $78,743 |