New Impact is located in Seattle, WA. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, New Impact employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Impact 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, New Impact generated $765.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 40.4% each year . All expenses for the organization totaled $981.3k during the year ending 12/2021. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
DENVER COMMUNITY FOOD UTILITY TO ADDRESS FOOD INSECURITYNEWIMPACT WORKED WITH METRO CARING TO SPEARHEAD INNOVATION IN A UTILITY MODEL, HARNESSING RESOURCES AND ALIGNING INTERESTS ACROSS SECTORS. WE DESIGNED A TRI-SECTOR MODEL TO TRANSFORM THE WAY WE ADDRESS FOOD INSECURITY AND IMPROVE HEALTH OUTCOMES IN AMERICA: A PUBLIC COMMUNITY FOOD UTILITY THAT OFFERS FREE, HIGH-QUALITY FOOD AND PAYS FOR ITSELF. NEWIMPACT ALSO PRODUCED AND SHARED MATERIALS TO DISSEMINATE COMMUNITY FOOD UTILITY CONCEPT, FREE AND OPEN ACCESS TO RESOURCES IDENTIFIED, AND MATERIALS TO HELP ORGANIZATIONS INTERESTED IN CONDUCTING A PILOT. INTERNAL ADMINISTRATIVE FUNDING WAS USED TO SUPPLEMENT THIS PROJECT TO EXPAND DELIVERY APPROACH.
EXPANDING JOB OPPORTUNITIES FOR OLDER AMERICANSNEWIMPACT CONDUCTED A THEMATIC SCAN TO IDENTIFY A NATIONAL-LEVEL TOPIC FOR TRI-SECTOR INNOVATION. WE EXPLORED THE ECONOMIC INSECURITY OF OLDER ADULTS IN THE U.S., FOCUSED ON THE EMPLOYMENT NEEDS OF OLDER WORKERS LOOKING TO REMAIN IN THE WORKFORCE OR CHANGE CAREERS. THE INNOVATION CONCEPT FOCUSED ON WORK-BASED LEARNING OPPORTUNITIES TO BENEFIT WORKERS, IMPROVE WORKFORCE RETENTION, AND SUPPORT CORPORATE DIVERSITY, EQUITY, AND INCLUSION GOALS. INTERNAL ADMINISTRATIVE FUNDING WAS USED TO SUPPLEMENT THIS PROJECT TO EXPAND THE PROJECT SCOPE AND MODIFY DELIVERY APPROACH. 90% OF PROJECT FUNDING WAS RECOGNIZED IN 2021.
STREAMLINING EMERGENCY RENTAL ASSISTANCE TO MORE EFFECTIVELY DISTRIBUTE FUNDS AND REDUCE EVICTIONSNEWIMPACT IDENTIFIED BOTTLENECKS CAUSING LENGTHY DELAYS IN DISTRIBUTION OF FUNDS FROM THE COVID-19 FEDERAL EMERGENCY RENTAL ASSISTANCE PROGRAM AND PROPOSED A TECHNOLOGY PLATFORM SOLUTION TO STREAMLINE THE PROCESS. THE TRI-SECTOR INNOVATION IDENTIFIED AND LEVERAGED DATA FROM SEVERAL GOVERNMENT DATABASES AND INTRODUCED A USER-FRIENDLY APP TO EASE THE BURDEN ON SYSTEM ADMINISTRATORS AND INCREASE EFFICIENCY, EQUITY, AND EFFECTIVENESS OF THE ROLL-OUT PROCESS. INTERNAL ADMINISTRATIVE FUNDING WAS USED TO SUPPLEMENT THIS PROJECT TO EXPAND THE PROJECT SCOPE AND DELIVERY APPROACH. 85% OF PROJECT FUNDING WAS RECOGNIZED IN 2021.
VERMONT TRI-SECTOR INITIATIVE FOR A FLOURISHING VERMONTNEWIMPACT CONDUCTED A THEMATIC SCAN TO BETTER UNDERSTAND NEEDS IN THE STATE OF VERMONT AND TO IDEATE 16 PROJECT AREAS FOR INNOVATION AND IMPACT. THE SELECTED INNOVATION CONCEPT WAS A TRI-SECTOR "CAREER LAUNCH PAD" TO HELP AND INSPIRE YOUNG WORKERS, AGE 22-30, TO CHOOSE VERMONT AS THEIR HOME AND PLACE TO DEVELOP THEIR PERSONAL AND PROFESSIONAL LIVES. THIS WAS DESIGNED TO HELP STEM TRENDS OF YOUNGER WORKERS LEAVING THE STATE FOR OPPORTUNITY AND THE RESULTING IN "GREYING" OF VERMONT. PROJECT FUNDING OF $75,000 WAS PROVIDED FROM A GRANT VIA A FISCAL SPONSORSHIP AGREEMENT FROM WINWIN COLLECTIVE, INC. 100% OF FUNDING WAS RECOGNIZED IN 2021._INCREASING SUCCESS OF BLACK-OWNED SMALL BUSINESSES IN TAMPANEWIMPACT WORKED WITH THE URBAN LEAGUE OF HILLSBOROUGH COUNTY TO TEACH UNIVERSITY OF SOUTH FLORIDA STUDENTS TO APPLY THE TRI-SECTOR MINDSET FOR IMPACT. THIS PROJECT LED THEM THROUGH THE TRI-SECTOR INNOVATION PROCESS WITH THE GOAL OF INCREASING THE SUCCESS AND SCALABILITY OF EXISTING BLACK-OWNED SMALL BUSINESSES IN TAMPA, FLORIDA. PROJECT FUNDING OF $71,250 WAS RECOGNIZED FROM A GRANT VIA A FISCAL SPONSORSHIP AGREEMENT FROM WINWIN COLLECTIVE, INC. _WIKI DATABASEPROJECT TO MAINTAIN A FREE AND OPEN ONLINE CATALOG/DIRECTORY OF INFORMATION ABOUT ORGANIZATIONS, RESOURCES, AND DATASETS ORGANIZED BY GEOGRAPHIES (HQ AND REGIONS SERVED) AND IMPACT FRAMEWORKS (SUCH AS SDGS). THE WIKI DATA AND VISUAL INTERFACE SUPPORTS INNOVATORS AND CHANGEMAKERS BY HELPING THEM EXPLORE AND FIND DATA AND RESOURCES TO SUPPORT THEIR INNOVATIONS AND OPPORTUNITIES. INTERNAL ADMINISTRATIVE RESOURCES WERE USED TO FULLY FUND THIS ON-GOING PROJECT. _EQUITABLE APPRENTICESHIPS FOR BIPOC YOUNG ADULTSNEWIMPACT BEGAN A PROJECT TO EXPLORE HOW THE SCHULTZ FAMILY FOUNDATION MIGHT LEVERAGE PHILANTHROPIC ACTION TO IMPROVE EQUITY AND ACCESS TO QUALITY APPRENTICESHIPS FOR YOUNG ADULTS AGES 16-24 IN THE U.S. THE PROJECT AIMS TO UNCOVER SOLUTIONS AND OPPORTUNITY AREAS THAT LEVERAGE THE RESOURCES OF THE PUBLIC, PRIVATE, AND SOCIAL SECTORS TO CULTIVATE AND SCALE PROMISING MODELS OF EQUITABLE APPRENTICESHIP AND EXPAND ECONOMIC MOBILITY FOR MORE YOUNG PEOPLE. THE VAST MAJORITY OF EFFORT FOR THIS PROJECT WILL OCCUR IN 2022. 100% OF ALL REVENUE FOR THIS PROJECT WILL BE RECOGNIZED IN 2022._YOUNG VETERAN CAREER TRANSITIONSNEWIMPACT BEGAN A TRI-SECTOR PROJECT WITH USO TO FURTHER DEVELOP THE ECOSYSTEM FOR JUNIOR ENLISTED SERVICE MEMBERS TRANSITIONING OUT OF SERVICE. THE PROJECT IS DESIGNED TO GENERATE EFFECTIVE, SCALABLE SUPPORT TO TRANSITION JUNIOR ENLISTED SERVICE MEMBERS INTO CIVILIAN LIFE WITH JOBS AND CAREER PATHS THAT SATISFY THEIR NEEDS AND PRIORITIES. THE VAST MAJORITY OF EFFORT FOR THIS PROJECT WILL OCCUR IN 2022. 100% OF ALL REVENUE FOR THIS PROJECT WILL BE RECOGNIZED IN 2022._CLEVELAND RISINGCOLLABORATION WITH A GROUP OF CLEVELAND-BASED CIVIC VOLUNTEERS TO CREATE TRI-SECTOR INNOVATION OPPORTUNITY IN SUPPORT OF ECONOMIC GROWTH IN THE GREATER CLEVELAND AREA. THE IMPLEMENTED INNOVATION CONCEPT WAS A STRATEGY AND A MOBILE APP TO HELP AN IMPORTANT NONPROFIT CULTURAL INSTITUTION, THE ROCK & ROLL HALL OF FAME (RRHOF), TO RECOVER FROM LOSS OF VISITORS DURING COVID-19 AND DEVELOP NEW WAYS TO HAVE IMPACT AND INCREASE REACH. FUNDING OCCURRED IN 2020. VAST MAJORITY OF PROJECT SPENDING OCCURRED IN 2020._
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elisabeth R Roberts Senior Product Manager | 40 | $140,400 | |
Kimberly M Davies Impact Innovation Strategist | 40 | $108,670 | |
Jens Molbak Director & President | OfficerTrustee | 40 | $0 |
Jon Diamond Director & Vice President | OfficerTrustee | 0.8 | $0 |
Robert Lilleness Director, Secretary & Trea | OfficerTrustee | 0.8 | $0 |
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 | $467,605 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $467,605 |
Total Program Service Revenue | $297,750 |
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 | $765,355 |
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 | $625,300 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $7,516 |
Payroll taxes | $55,966 |
Fees for services: Management | $0 |
Fees for services: Legal | $22,231 |
Fees for services: Accounting | $6,070 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $170,997 |
Advertising and promotion | $0 |
Office expenses | $6,967 |
Information technology | $44,371 |
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 | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $8,247 |
All other expenses | $0 |
Total functional expenses | $981,276 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $120,983 |
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 | $12,430 |
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 | $133,413 |
Accounts payable and accrued expenses | $32,495 |
Grants payable | $0 |
Deferred revenue | $306,000 |
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 | $338,495 |
Net assets without donor restrictions | -$213,754 |
Net assets with donor restrictions | $8,672 |
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 | $133,413 |
Over the last fiscal year, we have identified 1 grants that New Impact has recieved totaling $143,250.
Awarding Organization | Amount |
---|---|
The Winwin Collective Inc Seattle, WA PURPOSE: To further and support New Impact's work, build tools, spread the mission and initiate trisector business models. | $143,250 |
Organization Name | Assets | Revenue |
---|---|---|
Washington Association For Community Health Olympia, WA | $4,710,495 | $3,491,095 |
Seattle Economic Development Fund Seattle, WA | $28,288,075 | $7,984,943 |
Sustainable Northwest Portland, OR | $5,425,924 | $2,924,728 |
Alliance For A Just Society Seattle, WA | $6,680,868 | $4,320,520 |
Family Crisis Network Newport, WA | $658,985 | $1,912,171 |
Crook County Foundation Prineville, OR | $329,585 | $244,606 |
Williamette United Football Club Inc West Linn, OR | $1,468,541 | $1,650,823 |
New Impact Seattle, WA | $133,413 | $765,355 |
Oregon Rural Electric Cooperative Association Wilsonville, OR | $926,753 | $699,159 |
Avnu Alliance Inc Beaverton, OR | $339,779 | $792,750 |
Washington State Community Action Partnership Olympia, WA | $209,163 | $757,696 |
Washington Progress Alliance Seattle, WA | $855,771 | $1,188,787 |