Greater Impact Inc is located in Bozeman, MT. The organization was established in 2019. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2022, Greater Impact Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Impact 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, Greater Impact Inc generated $815.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 54.9% each year . All expenses for the organization totaled $293.6k during the year ending 12/2022. While expenses have increased by 19.4% per year over the past 4 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GREATER IMPACT WAS BORN WITH A HEART TO SERVE OTHERS. GREATER IMPACT ASSISTS WITH HOUSING PROBLEMS, AUTOMOTIVE NEEDS AND REPAIRS, FINANCIAL COACHING, AND ADDICTION RECOVERY.
Describe the Organization's Program Activity:
WE EMPOWER OUR COMMUNITY TO HELP NEIGHBORS REACH THEIR FULL POTENTIAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Casey Bertram Former President | OfficerTrustee | 2 | $0 |
Jess Pummel Treasurer | OfficerTrustee | 1.5 | $0 |
Kirk Keller Former Secretary | Trustee | 1.5 | $0 |
Jason Kubichek Vice President | OfficerTrustee | 1.5 | $0 |
Katie Scharmer Former Secretary | OfficerTrustee | 1.5 | $0 |
Joe Skinner Director | Trustee | 1.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $75,270 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $744,733 |
Noncash contributions included in lines 1a–1f | $19,488 |
Total Revenue from Contributions, Gifts, Grants & Similar | $820,003 |
Total Program Service Revenue | $64,473 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$57,812 |
Net Gain/Loss on Asset Sales | $6,000 |
Net Income from Fundraising Events | -$6,800 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$10,466 |
Miscellaneous Revenue | $0 |
Total Revenue | $815,398 |
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. | $59,971 |
Compensation of current officers, directors, key employees. | $59,971 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $117,469 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $22,055 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,071 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $6,069 |
Office expenses | $3,768 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,979 |
Travel | $948 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,260 |
Insurance | $8,905 |
All other expenses | $19,784 |
Total functional expenses | $293,630 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $134,624 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,639 |
Prepaid expenses and deferred charges | $13,142 |
Net Land, buildings, and equipment | $687,703 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $50 |
Total assets | $837,158 |
Accounts payable and accrued expenses | $7,019 |
Grants payable | $0 |
Deferred revenue | $5,790 |
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 | $5,754 |
Total liabilities | $18,563 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $818,595 |
Total liabilities and net assets/fund balances | $837,158 |