National Institute For Social Impact
- Assets
- $387.5k
- Revenue
- $245.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Colorado Springs, CO
- Founding
- 12/1990
- Data as of
- 12/2021
- EIN
- 74-2766022
Organization Overview
National Institute For Social Impact, operating under the name Colorado Institute For Social Impac, is located in Colorado Springs, CO. The organization was established in 1990. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Institute For Social Impac 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, Colorado Institute For Social Impac generated $245.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $244.2k during the year ending 12/2021. While expenses have increased by 14.6% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE CONSUMERS AND BUSINESSES ON SOCIAL IMPACT ORGANIZATIONS THAT MAKE UP THE FOURTH SECTOR OF THE ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAMS - MEASURE THE SECTOR'S IMPACT, ACCELERATE AWARENESS OF THE FOURTH SECTOR OF THE ECONOMY, PROMOTE AND BUILD BUSINESSES THAT ARE INTERESTED IN GENERATING SOCIAL IMPACT, PROVIDE SOCIAL ENTREPRENEURS WITH RESOURCES, TRAINING AND EDUCATION, BECOME A CATALYST FOR THIS SECTOR AND BUILD A NETWORK, CREATE A COMMUNITY AND CULTURE FOR THIS SECTOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Burns Chief Impact | OfficerTrustee | 40 | $51,616 |
Jonathan Liebert CEO | Officer | 15 | $15 |
Mike Phillips Chair | OfficerTrustee | 1 | $0 |
Terry Anderson Director- Pa | OfficerTrustee | 1 | $0 |
Ted Mossman II Treasurer | OfficerTrustee | 1 | $0 |
Dennis Natali PHD Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,575 |
| All other contributions, gifts, grants, and similar amounts not included above | $52,387 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,962 |
| Total Program Service Revenue | $144,873 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $33,718 |
| 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 | $245,553 |
| 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. | $50,781 |
| Compensation of current officers, directors, key employees. | $10,156 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,716 |
| Fees for services: Management | $41,460 |
| Fees for services: Legal | $1,230 |
| Fees for services: Accounting | $17,010 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $651 |
| Information technology | $6,678 |
| Royalties | $0 |
| Occupancy | $16,896 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $475 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,398 |
| Insurance | $4,464 |
| All other expenses | $11,738 |
| Total functional expenses | $244,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,094 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,096 |
| 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 | $1,178 |
| Net Land, buildings, and equipment | $307,753 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $16,375 |
| Other assets | $0 |
| Total assets | $387,496 |
| Accounts payable and accrued expenses | $14,844 |
| Grants payable | $0 |
| Deferred revenue | $2,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,693 |
| Total liabilities | $18,537 |
| Net assets without donor restrictions | $363,959 |
| Net assets with donor restrictions | $5,000 |
| 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 | $387,496 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that National Institute For Social Impact has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
El Pomar Foundation Colorado Springs, CO PURPOSE: SOCIAL ENTREPRENEURSHIP CURRICULUM | $20,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: SOCIAL ENTREPRENEURSHIP CURRICULUM | $20,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: SOCIAL ENTREPRENEURSHIP CURRICULUM | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Regional Examining Board Phoenix, AZ | $0 | $7,805,212 |
The Better Business Bureau Inc Phoenix, AZ | $11,570,437 | $16,919,340 |
Mountain West Small Business Finance Salt Lake City, UT | $11,137,576 | $7,876,705 |
Denver Area Better Business Bureau Inc Inc Denver, CO | $0 | $3,899,799 |
Oklahoma Alliance For Manufacturing Excellence Inc Tulsa, OK | $2,792,871 | $3,651,596 |
Business Training & Resource Center Orem, UT | $964,220 | $3,995,549 |
Blue Stakes Of Utah Utility Notification Center Inc South Jordan, UT | $5,829,969 | $3,634,307 |
Mid-America Manufacturing Technology Center Inc Lenexa, KS | $725,580 | $2,564,429 |
Worldatwork Society Of Certified Professionals Scottsdale, AZ | $12,717,541 | $3,104,582 |
Scottsdale Charros Inc Scottsdale, AZ | $769,007 | $2,658,140 |
Better Business Bureau Of Northern Colorado Inc Fort Collins, CO | $3,156,578 | $2,378,907 |
Better Bisiness Bureau Serving Northern Nevada And Utah Inc Salt Lake City, UT | $1,961,659 | $2,268,146 |