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.
84¢ of each $1 spent went to programs.
$75K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 3.9 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
$27K
6% of total assets
Looks good: liabilities are 6% 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
$1.0M
+67% vs prior year
Spent
$903K
To programs
84%
Net assets
$407K
By yearFY2020–FY2024
Revenue
$1.0M
FY2021▲ +67%
Tap a bar for its year
Revenue by fiscal year
FY2020$615K
FY2021$1.0M
FY2022$989K
FY2023$1.1M
FY2024$1.5M
Expenses
$903K
FY2021▲ +31%
Tap a bar for its year
Expenses by fiscal year
FY2020$690K
FY2021$903K
FY2022$1.1M
FY2023$948K
FY2024$1.4M
Net assets
$407K
FY2021▲ +44%
Tap a bar for its year
Net assets by fiscal year
FY2020$282K
FY2021$407K
FY2022$330K
FY2023$497K
FY2024$617K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

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

84 cents of each dollar spent went to programs.

Program services 84% · $760K Management & general 8% · $75K Fundraising 8% · $68K

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

12 people listed on the 990; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$75,000Pt 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
$0Pt VII · Sec A
Co-Founder/President/Treasurer
$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 · $760K · in their own filed words · FY2021
01

In 2021, impact network supported zambia impact network limited to achieve its goals in zambia. 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.

$760Kprogram 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 FY2021 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Gifts and grantsLn 1h$1.0M
Money outPt IX
$903K
Ln 25
Programscol B$760K
Managementcol C$75K
Fundraisingcol D$68K
Owns and owesPt X
$407K
net assets · Ln 32
Cash and savingsLn 1–2$296K
Total assetsLn 16$434K
LiabilitiesLn 26$27K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Government grantsLn 1e$30K
Fundraising eventsLn 1c$178K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$296K
Cash and savings togetherLn 1–2$296K
Other assetsLn 15$4K
Total assetsLn 16$434K
LiabilitiesLn 26$27K
Net assetsLn 32$407K
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 FY21End FY21
Cash and savingsLn 1–2$334K$296K
Total assetsLn 16$367K$434K
LiabilitiesLn 26$85K$27K
Net assetsLn 32$282K$407K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$584K$584K
Pay of current officers, directors and key staffLn 5$75K$49K$8K$19K
Other salaries and wagesLn 7$151K$92K$25K$34K
Payroll taxesLn 10$19K$12K$3K$4K
Accounting feesLn 11c$21K$21K
Other fees for servicesLn 11g$7K$1K$6K
Advertising and promotionLn 12$565$96$469
Office expensesLn 13$3K$1K$2K$330
OccupancyLn 16$18K$12K$2K$5K
TravelLn 17$10K$10K$35$5
Conferences, conventions and meetingsLn 19$175$175
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$7K$103$7K$18
Total functional expensesLn 25$903K$760K$75K$68K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $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 Viewing $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 O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,027,648 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $643,152$1,029,059
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year −$27,986−$1,411
I-12 Total revenuePrior year $615,166$1,027,648
I-13 Grants and similar amounts paidPrior year $378,772$583,820
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $234,372$245,214
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $76,380$73,861
I-18 Total expensesPrior year $689,524$902,895
I-19 Revenue less expensesPrior year −$74,358$124,753
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 $1,027,648 across 6 lines filed
VIII-1c Fundraising events$178,320
VIII-1e Government grants$29,740
VIII-1f All other contributions, gifts and grants$820,999
VIII-1h Total contributions, gifts and grants$1,029,059
VIII-8 Net income from fundraising eventsExcluded from tax −$1,411−$1,411
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$1,411$1,027,648
Part IX · Statement of functional expenses $902,895 across 13 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $583,820$583,820
IX-5 Pay of current officers, directors and key staffPrograms $48,750 · Management $7,500 · Fundraising $18,750$75,000
IX-7 Other salaries and wagesPrograms $91,533 · Management $25,183 · Fundraising $34,034$150,750
IX-10 Payroll taxesPrograms $12,430 · Management $3,283 · Fundraising $3,751$19,464
IX-11c Accounting feesManagement $20,600$20,600
IX-11g Other fees for servicesManagement $1,100 · Fundraising $5,672$6,772
IX-12 Advertising and promotionPrograms $96 · Fundraising $469$565
IX-13 Office expensesPrograms $1,341 · Management $1,663 · Fundraising $330$3,334
IX-16 OccupancyPrograms $12,025 · Management $1,850 · Fundraising $4,625$18,500
IX-17 TravelPrograms $10,234 · Management $35 · Fundraising $5$10,274
IX-19 Conferences, conventions and meetingsFundraising $175$175
IX-23 InsuranceManagement $6,218$6,218
IX-24 Other expenses (24a–d)Programs $103 · Management $7,302 · Fundraising $18$7,423
IX-25 Total functional expensesPrograms $760,332 · Management $74,734 · Fundraising $67,829$902,895
Part X · Balance sheet $433,770 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $334,333$296,440
X-3 Pledges and grants receivableStart of year $5,448$99,528
X-9 Prepaid expenses and deferred chargesStart of year $24,943$30,783
X-14 Intangible assets$3,419
X-15 Other assetsStart of year $2,380$3,600
X-16 Total assetsStart of year $367,104$433,770
X-17 Accounts payable and accrued expensesStart of year $17,580$22,560
X-19 Deferred revenueStart of year $67,403$4,336
X-26 Total liabilitiesStart of year $84,983$26,896
X-27 Net assets without donor restrictionsStart of year $244,298$381,236
X-28 Net assets with donor restrictionsStart of year $37,823$25,638
X-32 Total net assets or fund balancesStart of year $282,121$406,874
X-33 Total liabilities and net assetsStart of year $367,104$433,770
Part XI · Reconciliation of net assets $406,874 net assets at year end
XI-1 Total revenue$1,027,648
XI-2 Total expenses$902,895
XI-3 Revenue less expenses$124,753
XI-4 Net assets at start of year$282,121
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$406,874

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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