Ambassadors Impact Network Inc
- Assets
- $8.2k
- Revenue
- $122.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 83-3282649
Organization Overview
Ambassadors Impact Network Inc is located in Dallas, TX. The organization was established in 2019. According to its NTEE Classification (X03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ambassadors Impact Network Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Ambassadors Impact Network Inc generated $122.8k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $122.7k during the year ending 12/2021. While expenses have increased by 15.1% per year over the past 3 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AMBASSADORS IMPACT NETWORK (AIN) PROVIDES EDUCATION, CONNECTION, AND A PLATFORM FOR FAITH-BASED INVESTORS TO FINANCIALLY SUPPORT CHRISTIAN ENTREPRENEURS WHO LEAD BUSINESSES THAT POSITIVELY IMPACT ALL PEOPLES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
*EDUCATIONAL AND NETWORKING EVENTS FOR MEMEBERS AND ENTREPRENEURS*AIN RECOGNIZES THAT FAITH-DRIVEN IMPACT INVESTORS HAVE RELATIVELY FEW OPTIONS TO RECEIVE HIGHLY-APPLICABLE EDUCATION AND MENTORSHIP. TO HELP AIN MEMBERS GROW IN THEIR UNDERSTANDING AND KNOWLEDGE OF INVESTING IN PROFITABLE COMPANIES WITH A FAITH-DRIVEN SOCIAL IMPACT MANDATE, AIN PERIODICALLY HOSTS NETWORK MEMBER EVENTS. THESE GENERALLY OCCUR ON A QUARTERLY BASIS. AIN MEMBERS DISCUSS FAITH-BASED IMPACT INVESTING STRATEGIES AND RELATED PRINCIPLES, DISCUSS INVESTMENT OPPORTUNITIES AND EXISTING INVESTMENT PERFORMANCE, AND SHARE KNOWLEDGE TO INCREASE IMPACT. INDUSTRY EXPERTS, ENTREPRENEURS AND OTHER FAITH-DRIVEN INVESTORS SPEAK AT THE MEETINGS TO FURTHER MEMBER EDUCATION. THESE
*EDUCATION AND CONNECTION OF NETWORK MEMBERS WITH FAITH-DRIVEN ENTREPRENEURS*AIN NETWORK MEMBERS RECEIVE EDUCATION AND INDUSTRY NEWS FROM NETWORK MEMBERS AND OTHERS OUTSIDE THE NETWORK. THESE RESOURCES CONTRIBUTE TO THE OVERALL GROUP'S KNOWLEDGE, EMPOWERING INDIVIDUAL MEMBERS TO BE BETTER IMPACT INVESTORS AND STEWARDS OF THEIR CAPITAL, AND ULTIMATELY INCREASING THE LEVEL OF INVESTMENT INTO COMPANIES AND ORGANIZATIONS. THESE MATERIALS ARE COLLATED FOR THE BENEFIT OF THE NETWORK VIA WEEKLY COMMUNICATIONS. ADDITIONALLY, NETWORK MEMBERS ARE MADE AWARE OF FAITH-DRIVEN, SOCIAL ENTREPRENEURS WHOSE IMPACT-ORIENTED MISSIONS ARE IN NEED OF CAPITAL, EXPERTISE, AND CONNECTIONS. AIN FACILITATES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eliot E Kerlin Jr Director | Trustee | 3 | $0 |
William R Thomas Director | Trustee | 40 | $0 |
John J Barto Secretary | Trustee | 3 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $122,750 |
| Investment income | $2 |
| 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 | $122,752 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $912 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,119 |
| Office expenses | $5,559 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,631 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $122,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,217 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,217 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $8,217 |
| Total liabilities and net assets/fund balances | $8,217 |
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|---|---|---|
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Christian Music Broadcasters Inc Little Rock, AR | $1,287,210 | $1,347,399 |
Sharing Hope Ministry Inc Amarillo, TX | $2,782,866 | $820,210 |
Teen Flow Midland, TX | $1,165,251 | $508,523 |
Chaplaincy Of Fullgospel Churches Cedar Hill, TX | $749,411 | $696,954 |
Loving All Peoples Dallas, TX | $278,644 | $381,439 |
Native Missionary Movement Richardson, TX | $60,994 | $281,721 |
Association Of Biblical Counselors Fort Worth, TX | $117,333 | $279,430 |
International Coalition Of Apotles Inc Arlington, TX | $100,519 | $169,862 |
National Nocturnal Adoration Society Laredo, TX | $136,505 | $205,910 |
Mcgod Inc El Paso, TX | $48,701 | $0 |
Ambassadors Impact Network Inc Dallas, TX | $8,217 | $122,752 |