Impower Inc
- Assets
- $36.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salinas, CA
- Founding
- 10/2018
- Data as of
- 12/2022
- EIN
- 82-4365637
Organization Overview
Impower Inc is located in Salinas, CA. The organization was established in 2018. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Impower 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, Impower Inc generated $36.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $45.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IMPOWER HOLDS PUBLIC FORUMS WHERE IMPOWER INVITES INSPIRING SPEAKERS FROM A VARIETY OF BACKGROUNDS TO PROVIDE A DIVERSE PERSPECTIVE ON LIFE, WORK, PHILANTHROPY, AND LEADERSHIP. EACH LUNCHEON HAS A "CALL TO ACTION" IN SUPPORT OF A SEPARATE FEATURED NON-PROFIT ORGANIZATION WHICH THEN PROMOTES AND EDUCATES THE GROUP ON SAID ORGANIZATION'S OPPORTUNITIES TO GET INVOLVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret D'arrigo-Martin Emeritus | 1 | $0 | |
Kathleen Huggins Past-President | 5 | $0 | |
Sandi Eason President | 3 | $0 | |
Jennifer Rudisill Treasurer | 5 | $0 | |
Janet Marcroft Director | 1 | $0 | |
Sue Storm Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,215 |
| Total Program Service Revenue | $31,906 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,121 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,924 |
| Professional fees and other payments to independent contractors | $3,743 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $524 |
| Other expenses | $25,818 |
| Total expenses | $45,009 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,688 |
| Other assets | $0 |
| Total assets | $36,688 |
| Total liabilities | $5,151 |
| Net assets or fund balances | $31,537 |