Impactlives Inc
- Assets
- $288.3k
- Revenue
- $273.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Roseville, MN
- Founding
- 01/2008
- Data as of
- 12/2021
- EIN
- 83-0487437
Organization Overview
Impactlives Inc is located in Roseville, MN. The organization was established in 2008. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Impactlives Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impactlives 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 12/2021, Impactlives Inc generated $273.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $371.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM COMMUNITIES ONE LIFE AT A TIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO TRANSFORM COMMUNITIES ONE LIFE AT A TIME. FIRST, WE USE STRENGTHS - BASED LEADERSHIP DEVELOPMENT TO TRAIN AND EQUIP PEOPLE AND ORGANIZATIONS WORLDWIDE WITH THE SKILLS THEY NEED TO CREATE TRANSFORMATIVE RELATIONSHIPS ACROSS SOCIAL AND CULTURAL BOUNDARIES. THEN, WE SEEK TO IMPROVE THE IMPACT OF SHORT-TERM HUMANITARIAN EFFORTS LOCALLY AND THROUGHOUT THE WORLD BY CONNECTING ORGANIZATIONS WITH CROSS-CULTURAL SERVICE LEARNING OPPORTUNITIES THAT PROVIDE IMPOVERISHED INDIVIDUALS AND FAMILIES WITH FOOD, WATER, SHELTER, ESSENTIAL MEDICAL CARE, EDUCATION, LEADERSHIP DEVELOPMENT AND MENTORSHIP PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ramon Pastrano President | OfficerTrustee | 50 | $160,962 |
Kerima Brattland Board Chair | Trustee | 0 | $0 |
Mike Stella Board Member | Trustee | 0 | $0 |
Omar Marei Board Member | Trustee | 0 | $0 |
Tyler Lo Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,895 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,895 |
| Total Program Service Revenue | $262,539 |
| Investment income | $25 |
| 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 | $272,968 |
| 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 | $2,022 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $160,961 |
| Compensation of current officers, directors, key employees. | $16,096 |
| Compensation to disqualified persons | $16,982 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $854 |
| Payroll taxes | $14,977 |
| Fees for services: Management | $43,410 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,575 |
| 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 | $11,325 |
| Information technology | $6,595 |
| Royalties | $0 |
| Occupancy | $9,688 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $371,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,123 |
| Savings and temporary cash investments | $49,275 |
| Pledges and grants receivable | $15,949 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $9,410 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $49,502 |
| Total assets | $288,259 |
| Accounts payable and accrued expenses | $2,941 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,941 |
| Net assets without donor restrictions | $270,982 |
| Net assets with donor restrictions | $14,336 |
| 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 | $288,259 |
Grants Awarded
Over the last fiscal year, Impactlives Inc has awarded $7,974 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Golden, CO PURPOSE: SUPPORT FOR NON-PROFIT ACTIVITIES | $7,974 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Impactlives Inc has recieved totaling $9,500.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $8,500 |
Samuel And Sylvia Kaplan Family Foundation Minneapolis, MN PURPOSE: OPERATING SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Industries Of North Central Wisc Inc Menasha, WI | $88,771,633 | $81,283,932 |
Catholic Charities Of The Archdiocese Of St Paul & Mpls St Paul, MN | $180,924,652 | $74,331,650 |
Hawkeye Area Community Action Program Inc Hiawatha, IA | $14,892,193 | $63,434,127 |
Community Advocates Inc Milwaukee, WI | $18,692,383 | $54,333,478 |
Lutheran Social Services Of Wisconsin And Upper Michigan West Allis, WI | $89,212,422 | $59,977,625 |
South Metro Human Services St Paul, MN | $24,939,611 | $41,757,961 |
Parents In Community Action Minneapolis, MN | $14,134,015 | $37,230,373 |
Innovative Services Inc Green Bay, WI | $4,761,789 | $25,201,501 |
Lutheran Social Services Of South Dakota Sioux Falls, SD | $22,221,819 | $25,937,236 |
Project For Pride In Living Inc Minneapolis, MN | $29,922,760 | $30,071,909 |
Inter-Lakes Community Action Partnership Inc Madison, SD | $10,023,464 | $21,798,461 |
Catholic Charities Of The Diocese Of St Cloud St Cloud, MN | $15,523,133 | $20,074,695 |