Impact INC EIN 04-3282285 Form 990 (PDF) Claim this org

Impact INC FY2020 filing

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Teaches personal safety skills to men and women with intellectual disabilities. For fiscal year 2020 it reported $792K in revenue, $720K in expenses, and $18K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Boston, MA
Filings
6 on file (2020–2020)
Revenue
$792KFY2020
Expenses
$720K
Net assets
$18K
People
12
Filings
6
Updates
0
More identity details & actions ⌄
EIN  04-3282285 Public charity (501(c)(3)) Boston, MA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Teaches personal safety skills to men and women with intellectual disabilities.
Leadership
Coleman Nee · Chief Executive Officer
Money in and out
$792K revenue, $720K expenses
Bottom line
100% program efficiency
Where the money goes · FY2020
Total revenue
$792K
Pt VIII · Ln 12
Total expenses
$720K
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $72K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
0.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$792K
FY2020
Expenses
$720K
FY2020
Total assets
$54K
FY2020
Total liabilities
$35K
FY2020
Total revenue
$792K
Pt VIII · Ln 12
Total expenses
$720K
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$72K
Total assetsPt X · Ln 16$54K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $720K of program spending, described in the organization's own filed words · FY2019.
01

Dedicated to breaking the cycle of violence in our society. Through innovative hands-on safety training, the organization helps men, women, children, and teens to understand that they have choices, personal power, and control over their lives.

$720Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CImpact INC
EINHdr · item D04-3282285
Principal addressHdr · item CBoston, MA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S80Z)
Ruling yearIRS BMFSep 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Chief Executive Officer
$0Pt VII · Sec A
Chief Financial Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Meg Stone’s $87K as Executive Director is at the 14th percentile of top reported officer pay among 2834 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
Meg Stone$86,547$39,973

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$580K · 73%
Contributions & grants$212K · 27%
Program service revenue73%$580K
Contributions & grants27%$212K
Total revenueLn 12$792K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$720K
Total functional expensesLn 25$720K

Balance Sheet

Part X · end of year
CashLn 1$25K
Total assetsLn 16$54K
Total liabilitiesLn 26$35K
Total net assetsLn 32$18K
Months of cash on handcomputed0.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $25K · Operating expenses/yr $720K
0.4 months
Where the money goes
Program services
Program services $720K · Total expenses $720K
100%
Management & General
Management & general $0 · Total expenses $720K
0%
Fundraising
Fundraising $0 · Total expenses $720K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $212K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $212K · Total revenue $792K
27%
Government reliance
Government grants — · Total revenue $792K
Earned-income share
Program service revenue $580K · Total revenue $792K
73%
Investment reliance
Investment income $0 · Total revenue $792K
0%
Program self-sufficiency
Program service revenue $580K · Total expenses $720K
81%
Growth & trend
Revenue growth (YoY)
This year $792K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $18K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $792K · Expenses $720K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $54K
Net-asset ratio
Net assets $18K · Total assets $54K
34%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $54K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Coleman Nee · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $0 · Total expenses $720K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $563K · Total expenses $720K
78%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.3M revenue · ⤓ 990 PDF
FY2024$1.4M revenue · ⤓ 990 PDF
FY2023$1.4M revenue · ⤓ 990 PDF
FY2022$1.0M revenue · ⤓ 990 PDF
FY2021$744K revenue · ⤓ 990 PDF
FY2020$792K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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