Impact World Change Inc
- Assets
- $164.6k
- Revenue
- $390.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Nisswa, MN
- Founding
- Data as of
- 12/2022
- EIN
- 85-4239939
Organization Overview
Impact World Change Inc is located in Nisswa, MN. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Impact World Change Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TRAINING AND LEADERSHIP DEVELOPMENT: IMPACT UKRAINE OFFERS FAITH-BASED CLASSES, PEER ADVISORY GROUPS, CONFERENCES, AND OTHER PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR FUTURE AND CURRENT BUSINESS ORGANIZATIONS, CHURCH LEADERS, AND YOUTH LEADERS. WE COMMUNICATE THE GOSPEL OF JESUS CHRIST IN THE MARKETPLACE, AND HELP OTHER BUSINESS AND PROFESSIONALS LIVE AND PRESENT THEIR FAITH WHERE THEY LIVE AND WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING AND LEADERSHIP DEVELOPMENT: IMPACT UKRAINE OFFERS FAITH-BASED CLASSES, PEER ADVISORY GROUPS, CONFERENCES, AND OTHER PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR FUTURE AND CURRENT BUSINESS ORGANIZATIONS, CHURCH LEADERS, AND YOUTH LEADERS. WE COMMUNICATE THE GOSPEL OF JESUS CHRIST IN THE MARKETPLACE, AND HELP OTHER BUSINESS AND PROFESSIONALS LIVE AND PRESENT THEIR FAITH WHERE THEY LIVE AND WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annette Benson Treasurer | OfficerTrustee | 10 | $0 |
Yura Fedoryuk Church Pasto | Trustee | 10 | $0 |
Artem Goroshochek Financial Ad | Trustee | 10 | $0 |
Maria Kharitonova Social Media | OfficerTrustee | 10 | $0 |
Julia Kuchinsky Director/tra | Trustee | 10 | $0 |
Dawn Marcus Vice Chair | OfficerTrustee | 10 | $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 | $384,918 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $384,918 |
| Total Program Service Revenue | $5,327 |
| 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 | $390,245 |
| 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 | $0 |
| Fees for services: Accounting | $145 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,449 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,940 |
| Total functional expenses | $320,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,221 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $80,360 |
| 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 | $164,581 |
| Accounts payable and accrued expenses | $80,360 |
| 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 | $80,360 |
| Net assets without donor restrictions | $84,221 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $164,581 |