Impact Ed International Inc
- Assets
- $3.2m
- Revenue
- $846.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Silver Spring, MD
- Founding
- 02/1999
- Data as of
- 12/2022
- EIN
- 52-2043740
Organization Overview
Impact Ed International Inc is located in Silver Spring, MD. The organization was established in 1999. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Impact Ed International Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Ed International Inc 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 Ed International Inc generated $846.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.9%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE EDUCATIONAL OPPORTUNITIES OF CHILDREN AND PEOPLE IN NEED AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL COMMUNITY PROJECTS: IMPACT(ED) INTERNATIONAL (IMPACT(ED)) ESTABLISHES AND MANAGES LOCALLY LED PROJECTS IN MARGINALIZED COMMUNITIES SO THAT YOUNG PEOPLE AND THEIR FAMILIES HAVE HOPE, AGENCY AND THE OPPORTUNITY TO THRIVE. MAJOR PROGRAM EXPENDITURES COVER THE COSTS OF TEACHER PROFESSIONAL DEVELOPMENT, COMMUNITY ACTION PLANNING, MENTORSHIP TRAINING, YOUTH CLUB DEVELOPMENT, MEDIA PRODUCTION, MATERIALS DEVELOPMENT, AND PROJECT MONITORING AND EVALUATION. THIS WORK IMPROVES TEACHING, LEARNING, AND LIFE CHANCES FOR PEOPLE IN UNDERSERVED COMMUNITIES AND IS CREATED TO ENSURE LONGTERM SUSTAINABILITY.
EDUCATIONAL MEDIA: IMPACT(ED) PRODUCES ORIGINAL EDUCATIONAL VIDEO PROGRAMS TO ENHANCE LEARNING AND CREATE POSITIVE SOCIAL CHANGE. THE COLLABORATIVE PRODUCTION PROCESS INCORPORATES HUMAN CENTERED DESIGN AND SUBJECT MATTER EXPERTS AND IS CUSTOMIZED INTO THE APPROPRIATE LANGUAGE OR LANGUAGES AND UTILIZES SAME LANGUAGE SUBTITLING WHERE APPROPRIATE. CONTENT IS ALSO LINKED TO THE LOCAL CURRICULUM. PRODUCTION COSTS INCLUDE PRODUCERS, EDITORS, STUDIO TIME, FOOTAGE, CREWS, AUDIO PRODUCTION, NARRATORS, ETC.
MEDIA FOR SOCIAL IMPACT: IMPACT(ED) IS CURRENTLY WORKING ON NEW WAYS TO PRODUCE AND DISTRIBUTE MEDIA CONTENT FOR POSITIVE CHANGE AND EDUCATION IN LOW AND MIDDLE INCOME COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aric Noboa Co-Ceo | OfficerTrustee | 40 | $233,767 |
Tammy Noboa Co-Ceo | OfficerTrustee | 40 | $243,000 |
Carole Wainaina Chair | OfficerTrustee | 2 | $0 |
Doug Baker Treasurer | OfficerTrustee | 2 | $0 |
William Asiko Board Member | Trustee | 2 | $0 |
Hon Jack Fields Until Dec 22 Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cell- Ed Llc Program Implementation | 12/30/20 | $230,337 |
Paula Mackinnon Program Direction | 12/30/20 | $175,132 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $160,969 |
| All other contributions, gifts, grants, and similar amounts not included above | $516,141 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $677,110 |
| Total Program Service Revenue | $149,876 |
| Investment income | $17,341 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $846,288 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $673,958 |
| Compensation of current officers, directors, key employees. | $592,665 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $235,273 |
| Pension plan accruals and contributions | $11,729 |
| Other employee benefits | $32,328 |
| Payroll taxes | $52,014 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,775 |
| Fees for services: Accounting | $41,344 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $90,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $399,153 |
| Advertising and promotion | $0 |
| Office expenses | $38,975 |
| Information technology | $12,514 |
| Royalties | $0 |
| Occupancy | $51,919 |
| Travel | $85,761 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,044 |
| Interest | $1,718 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,965 |
| Insurance | $44,919 |
| All other expenses | $0 |
| Total functional expenses | $1,872,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $519,042 |
| Savings and temporary cash investments | $2,502,332 |
| Pledges and grants receivable | $66,117 |
| Accounts receivable, net | $277 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,189 |
| Net Land, buildings, and equipment | $17,286 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,233 |
| Total assets | $3,157,476 |
| Accounts payable and accrued expenses | $110,141 |
| 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 | $90,540 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,073,750 |
| Total liabilities | $1,274,431 |
| Net assets without donor restrictions | $1,876,884 |
| Net assets with donor restrictions | $6,161 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,157,476 |