Impact Society Global
- Assets
- $2.0m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 10
- Location
- New York, NY
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 82-5402867
Organization Overview
Impact Society Global is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Impact Society Global employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Society Global 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 12/2023, Impact Society Global generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 61.9% each year . All expenses for the organization totaled $3.0m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A GLOBAL MEMBERSHIP COMMUNITY OF FAMILIES COMMITTED TO ALIGNING THEIR ASSETS WITH THIER VALUES. THE ORGANIZTIONS MISSION IS TO HELP FAMILIES MAKE IMPACT INVESTMENTS MORE EFFECTIVELY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELPS FAMILIES MAKE IMPACT INVESTMENTS MORE EFFECTIVELY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristi Kuechler Employee | 40 | $318,373 | |
Samuel Bonsey President | Officer | 40 | $146,521 |
Edward Welch Employee | 40 | $117,460 | |
Pearline Yum Employee | 40 | $113,765 | |
Linda Rincon Employee | 40 | $110,704 | |
Milton Speid Employee | 40 | $105,928 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $311,300 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,095,723 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,407,023 |
| Total Program Service Revenue | $61,578 |
| Investment income | $0 |
| 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 | $2,472,101 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $195,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $146,521 |
| Other salaries and wages | $1,037,437 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $183,251 |
| Payroll taxes | $79,063 |
| Fees for services: Management | $638,575 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $76,467 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $88,811 |
| Advertising and promotion | $0 |
| Office expenses | $2,880 |
| Information technology | $38,769 |
| Royalties | $0 |
| Occupancy | $16,054 |
| Travel | $109,402 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,182 |
| All other expenses | $0 |
| Total functional expenses | $2,958,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,391,468 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $115,642 |
| Accounts receivable, net | $367,000 |
| 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 | $15,132 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $63,304 |
| Total assets | $1,952,546 |
| Accounts payable and accrued expenses | $73,567 |
| Grants payable | $0 |
| Deferred revenue | $170,500 |
| 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 | $62,232 |
| Total liabilities | $306,299 |
| Net assets without donor restrictions | $1,522,598 |
| Net assets with donor restrictions | $123,649 |
| 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 | $1,952,546 |