Impact Network seeks to leverage technology to develop rural villages across education, health and economic development sectors.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Run by 21 volunteers and 4 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $52K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$53K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $328K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$62K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
+34% vs prior year
Spent
$1.4M
To programs
87%
Net assets
$617K
By yearFY2020–FY2024
Revenue
$1.5M
FY2024▲ +34%
Tap a bar for its year
Revenue by fiscal year
FY2020$615K
FY2021$1.0M
FY2022$989K
FY2023$1.1M
FY2024$1.5M
Expenses
$1.4M
FY2024▲ +44%
Tap a bar for its year
Expenses by fiscal year
FY2020$690K
FY2021$903K
FY2022$1.1M
FY2023$948K
FY2024$1.4M
Net assets
$617K
FY2024▲ +24%
Tap a bar for its year
Net assets by fiscal year
FY2020$282K
FY2021$407K
FY2022$330K
FY2023$497K
FY2024$617K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $1.2M Management & general 8% · $105K Fundraising 5% · $70K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $53K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$53,125Pt VII · Sec A
Co-Founder/Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Co-Founder/President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Reshma Patel’s $53K as Executive Director is at the 9th percentile of top reported officer pay among 1168 $1–10M international 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

NameFY2024FY2023FY2022FY2021FY2020
Reshma Patel$53,125$75,000$75,000$75,000$75,000

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.

See Impact Network executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Uses technology to improve rural villages in education, health, and economic development.

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Provided by the organization

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1 program · $1.2M · in their own filed words · FY2024
01

In 2024, impact network supported zambia impact network limited to achieve its goals in zambia. Main programs included:impact education: the main program is to implement a quality education to 6,000 students across 40+ schools, and ensure that the teaching and learning, management of schools, and overall operations are of high-quality.

$1.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.6M
Investment incomeLn 3$1K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.2M
Managementcol C$105K
Fundraisingcol D$70K
Owns and owesPt X
$617K
net assets · Ln 32
Cash and savingsLn 1–2$496K
Total assetsLn 16$679K
LiabilitiesLn 26$62K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Noncash giftsLn 1g$48K
Fundraising eventsLn 1c$275K
Investment incomeLn 3$1K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$395K
SavingsLn 2$101K
Cash and savings togetherLn 1–2$496K
Other assetsLn 15$4K
Total assetsLn 16$679K
LiabilitiesLn 26$62K
Net assetsLn 32$617K
OperationsPt I, VI
EmployeesI 54
VolunteersI 621
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$240K$496K
Total assetsLn 16$528K$679K
LiabilitiesLn 26$31K$62K
Net assetsLn 32$497K$617K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$993K$993K
Pay of current officers, directors and key staffLn 5$53K$42K$8K$3K
Other salaries and wagesLn 7$149K$84K$19K$46K
Payroll taxesLn 10$17K$10K$4K$4K
Accounting feesLn 11c$33K$33K
Other fees for servicesLn 11g$52K$32K$8K$12K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$1K$49$1K$69
OccupancyLn 16$22K$14K$2K$6K
TravelLn 17$17K$16K$211$481
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$20K$20K
Total functional expensesLn 25$1.4M$1.2M$105K$70K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.5M$1.4M$119K$617K 990 PDF
FY2023 $1.1M$948K$165K$497K 990 PDF
FY2022 $989K$1.1M−$74K$330K 990 PDF
FY2021 $1.0M$903K$125K$407K 990 PDF
FY2020 $615K$690K−$74K$282K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign M · Noncash O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,487,468 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,191,224$1,608,686
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$1,164
I-11 Other revenuePrior year −$77,840−$122,382
I-12 Total revenuePrior year $1,113,384$1,487,468
I-13 Grants and similar amounts paidPrior year $610,945$993,400
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $243,061$219,859
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $94,256$155,064
I-18 Total expensesPrior year $948,262$1,368,323
I-19 Revenue less expensesPrior year $165,122$119,145
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,487,468 across 8 lines filed
VIII-1c Fundraising events$274,697
VIII-1f All other contributions, gifts and grants$1,333,989
VIII-1g Noncash contributions (included above)$47,795
VIII-1h Total contributions, gifts and grants$1,608,686
VIII-3 Investment incomeExcluded from tax $1,164$1,164
VIII-8 Net income from fundraising eventsExcluded from tax −$123,139−$123,139
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $757$757
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$121,218$1,487,468
Part IX · Statement of functional expenses $1,368,323 across 12 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $993,400$993,400
IX-5 Pay of current officers, directors and key staffPrograms $42,500 · Management $7,969 · Fundraising $2,656$53,125
IX-7 Other salaries and wagesPrograms $84,342 · Management $19,232 · Fundraising $45,893$149,467
IX-10 Payroll taxesPrograms $9,738 · Management $3,802 · Fundraising $3,727$17,267
IX-11c Accounting feesManagement $33,470$33,470
IX-11g Other fees for servicesPrograms $31,556 · Management $7,932 · Fundraising $12,078$51,566
IX-12 Advertising and promotionManagement $2,660$2,660
IX-13 Office expensesPrograms $49 · Management $1,139 · Fundraising $69$1,257
IX-16 OccupancyPrograms $14,430 · Management $2,220 · Fundraising $5,550$22,200
IX-17 TravelPrograms $16,473 · Management $211 · Fundraising $481$17,165
IX-23 InsuranceManagement $6,544$6,544
IX-24 Other expenses (24a–d)Management $20,202$20,202
IX-25 Total functional expensesPrograms $1,192,488 · Management $105,381 · Fundraising $70,454$1,368,323
Part X · Balance sheet $678,744 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $239,557$394,936
X-2 Savings and temporary cash investmentsStart of year $0$101,164
X-3 Pledges and grants receivableStart of year $277,526$171,847
X-9 Prepaid expenses and deferred chargesStart of year $4,897$7,197
X-14 Intangible assetsStart of year $2,442$0
X-15 Other assetsStart of year $3,600$3,600
X-16 Total assetsStart of year $528,022$678,744
X-17 Accounts payable and accrued expensesStart of year $18,973$24,776
X-19 Deferred revenueStart of year $12,143$37,401
X-26 Total liabilitiesStart of year $31,116$62,177
X-27 Net assets without donor restrictionsStart of year $294,251$369,771
X-28 Net assets with donor restrictionsStart of year $202,655$246,796
X-32 Total net assets or fund balancesStart of year $496,906$616,567
X-33 Total liabilities and net assetsStart of year $528,022$678,744
Part XI · Reconciliation of net assets $616,567 net assets at year end
XI-1 Total revenue$1,487,468
XI-2 Total expenses$1,368,323
XI-3 Revenue less expenses$119,145
XI-4 Net assets at start of year$496,906
XI-5 Net unrealized gains (losses) on investments$516
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$616,567

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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