Pacific Impact Zone
- Assets
- $55.2k
- Revenue
- $284.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Folsom, CA
- Founding
- Data as of
- 12/2022
- EIN
- 86-2091581
Organization Overview
Pacific Impact Zone is located in Folsom, CA. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pacific Impact Zone 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
GROW NATIONAL SECURITY SECTOR IN THE PACIFIC THROUGH SMALL BUSINESS SUPPORT, WORKFORCE DEVELOPMENT, AND ECOSYSTEM DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCOMPLISHMENTS: FACILITATED HAWAII'S FIRST DUAL USE TASK FORCE, A PUBLIC-PRIVATE PARTNERSHIP FROM STATE GOVERNMENT, ACADEMIA, INDUSTRY, TO RESEARCH, ANALYZE, AND STRATEGIZE OPTIONS FOR GROWING HAWAII'S FEDERAL SMALL BUSINESS GROWTH THROUGH RESEARCH AND DEVELOPMENT. FACILITATED COMMUNITY ECOSYSTEM INTEGRATION THROUGH CONNECTING 16 LOCAL SMALL BUSINESSES, ACADEMIC RESEARCHERS, AND RESEARCH CENTER ORGANIZATIONS. WITHIN THE REPORTING PERIOD, THE ACTIVITY'S OBJECTIVE IS TO BUILD MEANINGFUL REGIONAL RELATIONSHIPS TO STRENGTHEN THE LOCAL ECOSYSTEM, A CRUCIAL FIRST STEP TOWARDS A VIBRANT RESEARCH AND DEVELOPMENT ECOSYSTEM. LONG-TERM THIS IS HOPED TO GROW SMALL BUSINESS SUCCESS WITHIN THE INNOVATION SECTOR BY FOCUSING ON ADVANCED RESEARCH AND DEVELOPMENT TOPICS RELEVANT TO HAWAII SUCH AS SUPPLY CHAIN, LOGISTICS, AND RENEWABLE ENERGY.
MANAGEMENT CONSULTING SERVICES; PROVIDED DIRECT ASSISTANCE TO REGIONAL SMALL BUSINESSES THROUGH A VARIETY OF MEANS INCLUDING CLASSROOM / GROUP INSTRUCTION, DIRECT CONSULTATION WITH A PARTICULAR EMPHASIS ON FEDERAL CONTRACTOR SUCCESS. SPECIFIC ASSISTANCE GIVEN TOWARDS DCMA, DCAA, AND DFARS CONTRACT COMPLIANCE.
ACCOMPLISHMENTS: PROVIDED ASSISTANCE TO THE UNIVERSITY OF HAWAII TO CREATE AN INCUBATION PROGRAM FOR SUPORTING FACULTY AND RESEARCH MEMBERS FROM ACADEMIA TO TRANSLATE THEIR RESEARCH INTO SMALL BUSINESS PILOTS. COACHED EIGHT FACULTY AND UNIVERSITY STAFF MEMBERS. ALSO DEVELOPED A PORTAL TO IDENTIFY AND CONNECT UNDERGRADUATE AND RECENT GRADUATES IN THE SCIENCE, TECHNOLOGY, AND MATH FIELDS WITH PROSPECTIVE RESEARCH EMPLOYMENT OPPORTUNITIES. PROVIDED RESUME COACHING, INTERVIEW COACHING, AND WORKFORCE MENTORING. WITHIN THE REPORTING PERIOD, THE ACTIVITY'S OBJECTIVE IS TO CREATE THE FRAMEWORK FOR A SUCCESSFUL PATHWAY BETWEEN ACADEMIA AND PRIVATE INDUSTRY, INCLUSIVE OF TRAINING, STRUCTURE, AND SUPPORT. LONG-TERM, THE OBJECTIVE IS TO INCREASE THE SUCCESSFUL TRANSITION RATE FROM ACADEMIA INTO PRIVATE INDUSTRY SPECIFICALLY FOCUSED ON EMPLOYMENT OPPORTUNITIES WITHIN THE SCIENCE, TECHNOLOGY, AND MATH FIELDS.
ACCOMPLISHMENTS: DELIVERED BUSINESS DEVELOPMENT AND OPERATIONAL ANALYSES FOR FOUR SMALL BUSINESSES WITHIN THE SCIENCE TECHNOLOGY AND MATH FEDERAL BUSINESS SECTORS. PROVIDED HANDS ON COACHING AND NETWORKING OPPORTUNITIES TO STRENGTHEN BUSINESS PROSPECTS INCLUDING PROSPECTIVE TALENT GROWTH, INVENTORY MODIFICATIONS, AND NEW MARKET OPPORTUNITIES. WITHIN THE REPORTING PERIOD, THE ACTIVITY'S OBJECTIVE IS TO DIRECTLY AND POSITIVELY IMPACT SMALL BUSINESSES THAT SEEK TO GROW WITHIN THE SCIENCE TECHNOLOGY AND MATH SECTORS THROUGH FEDERAL AND COMMERCIAL APPLICATIONS. FURTHER, THE ACTIVITIES ENCOURAGE SMALL BUSINESS TO COMMUNITY CONNECTIONS TO STRENGTHEN REGIONAL ECOSYSTEM BUSINESS HEALTH WHICH WE HOPE WILL HAVE THE LONG TERM BENEFIT OF IMPROVED EMPLOYMENT OPPORTUNITIES FOR NEXT GENERATION RESEARCHERS AND TECHNOLOGISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Miyashiro Executive Director | 40 | $82,623 | |
Yoh Kawanami Director | Trustee | 8 | $0 |
Sandra Fujiyama Director | Trustee | 4 | $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 | $284,456 |
| 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 | $284,456 |
| 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. | $82,823 |
| Compensation of current officers, directors, key employees. | $7,400 |
| 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 | $9,437 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,887 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $101,503 |
| Advertising and promotion | $0 |
| Office expenses | $113 |
| Information technology | $11,167 |
| Royalties | $0 |
| Occupancy | $1,984 |
| Travel | $39,401 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $584 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,574 |
| All other expenses | $4,076 |
| Total functional expenses | $263,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,739 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,489 |
| 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 | $55,228 |
| Accounts payable and accrued expenses | $27,232 |
| 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 | $27,232 |
| 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 | $27,996 |
| Total liabilities and net assets/fund balances | $55,228 |