Commons Impact Foundation
- Assets
- $56.6k
- Revenue
- $220.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 01/2016
- Data as of
- 12/2021
- EIN
- 47-5381512
Organization Overview
Commons Impact Foundation is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, 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. Commons Impact Foundation 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, Commons Impact Foundation generated $220.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $167.3k during the year ending 12/2021. While expenses have increased by 4.3% 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.
Since 2019, Commons Impact Foundation has awarded 32 individual grants totaling $114,598. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED COLLABORATIVE CHARITABLE AND EDUCATIONAL PROGRAMS FOR THE RESIDENTS OF HILLSDALE IN THE DISTRICT OF COLUMBIA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dara Johnson Program Officer | 40 | $91,284 | |
Lynne Horning Vice President, Director | 5 | $0 | |
Mike Young Director | 5 | $0 | |
Mary Horning Young Treasurer | 5 | $0 | |
Joseph F Horning Jr President,director | 5 | $0 | |
Andy Horning Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $220,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $220,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $91,284 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,262 |
| Interest | $0 |
| Taxes | $10,090 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,665 |
| Total operating and administrative expenses | $117,801 |
| Contributions, gifts, grants paid | $49,500 |
| Total expenses and disbursements | $167,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,569 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $56,569 |
| Accounts payable and accrued expenses | $1,638 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,638 |
Grants Awarded
Over the last fiscal year, Commons Impact Foundation has awarded $49,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Hartford, CT PURPOSE: GENERAL OPERATING EXPENSES | $4,000 |
Washington, DC PURPOSE: GENERAL OPERATING EXPENSES | $4,000 |
Washington, DC PURPOSE: GENERAL OPERATING EXPENSES | $4,000 |
Washington, DC PURPOSE: GENERAL OPERATING EXPENSES | $4,000 |
Washington, DC PURPOSE: GENERAL OPERATING EXPENSES | $4,000 |
Washington, DC PURPOSE: GENERAL OPERATING EXPENSES | $4,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Commons Impact Foundation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Leonard & Hilda Kaplan Charitable Foundation Providence, RI PURPOSE: GENERAL FUNDING | $25,000 |
William J & Dorothy K Oneill Foundation Inc Cleveland, OH PURPOSE: THE NEIGHBOR TO NEIGHBOR (N2N) SMALL GRANTS PROGRAM | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Flamboyan Foundation Inc Washington, DC | $23,344,685 | $18,816,042 |
Charles & Agnes Kazarian Eternal Foundation Washington, DC | $208,004,266 | $5,026,410 |
Building Hope Idaho Washington, DC | $97,183,207 | $6,746,312 |
Building Hope Holdings Inc Washington, DC | $2,525,393 | $4,512,862 |
Global Ahead Inc Derwood, MD | $0 | $4,557,570 |
Rona And Jeffrey Abramson Foundation Rockville, MD | $47,786,937 | $3,092,454 |
Jayne Koskinas Ted Giovanis Foundation For Health And Policy Highland, MD | $14,613,580 | $2,825,934 |
International Center On Nonviolent Conflict Washington, DC | $264,158 | $1,729,105 |
International Lifeline Fund Washington, DC | $430,867 | $1,125,070 |
Agecroft Association Richmond, VA | $24,452,362 | $3,235,294 |
Nature Sacred Annapolis, MD | $10,597,874 | $2,689,034 |
Constance And Carl Ferrischartiable Foundation Inc Baltimore, MD | $0 | $691,593 |