Impact Hub Houston

Organization Overview

Impact Hub Houston is located in Houston, TX. The organization was established in 2019. According to its NTEE Classification (P01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Human Services and related organizations. As of 12/2022, Impact Hub Houston employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Hub Houston 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, Impact Hub Houston generated $438.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 52.9% each year . All expenses for the organization totaled $276.1k during the year ending 12/2022. While expenses have increased by 46.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

INSPIRE, CONNECT, AND EMPOWER PEOPLE WORKING TO SOLVE SOCIAL PROBLEMS -- ESPECIALLY THOSE PROBLEMS AFFECTING HISTORICALLY UNDERSERVED AND UNDER-RESOURCED COMMUNITIES -- IN OUR CITY AND AROUND THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IMPACT HUB HOUSTON PROVIDES CONSULTING SUPPORT IN THREE KEY AREAS: ECOSYSTEM BUILDING, PROGRAMS DESIGN & DELIVERY, AND MARKETING & OUTREACH FOR COMMUNITY RELATED EFFORTS/RESOURCES. PROGRAMS SUPPORTED IN 2022 INCLUDE AARP DIGITAL SKILLS READY 50+, ADIDAS SOCIAL IMPACT ACCELERATOR, JPM CHASE FOUNDATION - EQUITABLE SMALL BUSINESS ECOSYSTEM DEVELOPMENT PILOT, AND LISC VERIZON SMALL BUSINESS DIGITAL READY. ECOSYSTEMS SUPPORTED IN 2022 INCLUDE BUSINESS ECOSYSTEM ALLIANCE FOR MINORITIES AND WOMEN (BEAMW) AND THE TEXAS SUSTAINABLE BUSINESS NETWORK (TXSBN).


FISCAL SPONSORSHIP PROGRAM -ALLOWS YOU TO APPLY FOR GRANTS AND ACCEPT DONATIONS WITHOUT HAVING TO LAUNCH YOUR OWN 501C3 NONPROFIT. IF YOUR PROJECT CREATES POSITIVE IMPACT AND ALIGNS WITH ANY OF THE UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS, IMPACT HUB CAN HELP FUND PROJECTS FOR THE COMMUNITY. SUPPORTED SIX PROJECTS: 1) LITTLE RED BOX GROCERY, 2) TECH FEST LIVE, 3) FREEDMAN'S FEST BY EQUILIBERTY, INC, 4) BEAMW 5) TXSBN, AND 6) AAPI VOICES


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Board, Officers & Key Employees

Name (title)Compensation
Grace Rodriguez
CEO
$59,260
Michelle Avalos
Director
$57,193
Phillip Yates
Chairman
$0
Erik Ibarra
Secretary
$0
Lee Mayfield
Treasurer
$0
Shiroy Aspandiar
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$21,029
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$319,526
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$340,555
Total Program Service Revenue$97,154
Investment income $476
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 $438,185

Grants Awarded

Over the last fiscal year, Impact Hub Houston has awarded $66,163 in support to 3 organizations.

Grant RecipientAmount

EQUILIBERTY INC

PURPOSE: FISCAL SPONSORSHIP GRANT

$5,850

LITTLE RED BOX LLC

PURPOSE: FISCAL SPONSORSHIP GRANT

$51,987

TECH FEST LIVE

PURPOSE: FISCAL SPONSORSHIP GRANT

$8,326
View Grant Profile

Peer Organizations

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