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.
86¢ 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

FY2022 · 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
86%
of spending
Looks good: 86% 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 · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.5 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
$148K
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$989K
-4% vs prior year
Spent
$1.1M
To programs
86%
Net assets
$330K
By yearFY2020–FY2024
Revenue
$989K
FY2022▼ -4%
Tap a bar for its year
Revenue by fiscal year
FY2020$615K
FY2021$1.0M
FY2022$989K
FY2023$1.1M
FY2024$1.5M
Expenses
$1.1M
FY2022▲ +18%
Tap a bar for its year
Expenses by fiscal year
FY2020$690K
FY2021$903K
FY2022$1.1M
FY2023$948K
FY2024$1.4M
Net assets
$330K
FY2022▼ -19%
Tap a bar for its year
Net assets by fiscal year
FY2020$282K
FY2021$407K
FY2022$330K
FY2023$497K
FY2024$617K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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

86 cents of each dollar spent went to programs.

Program services 86% · $916K Management & general 8% · $82K Fundraising 6% · $65K

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; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$75,000Pt VII · Sec A
Co-Founder/President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Co-Founder/Vice 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 · $916K · in their own filed words · FY2022
01

In 2022, 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.

$916Kprogram 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 FY2022 990, line by line.

1The main four
Money inPt VIII
$989K
Ln 12
Gifts and grantsLn 1h$1.1M
Money outPt IX
$1.1M
Ln 25
Programscol B$916K
Managementcol C$82K
Fundraisingcol D$65K
Owns and owesPt X
$330K
net assets · Ln 32
Cash and savingsLn 1–2$398K
Total assetsLn 16$478K
LiabilitiesLn 26$148K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Noncash giftsLn 1g$15K
Fundraising eventsLn 1c$204K
Total revenueLn 12$989K
Assets in detailPt X, end of year
CashLn 1$398K
Cash and savings togetherLn 1–2$398K
Other assetsLn 15$4K
Total assetsLn 16$478K
LiabilitiesLn 26$148K
Net assetsLn 32$330K
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 FY22End FY22
Cash and savingsLn 1–2$296K$398K
Total assetsLn 16$434K$478K
LiabilitiesLn 26$27K$148K
Net assetsLn 32$407K$330K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$698K$698K
Pay of current officers, directors and key staffLn 5$75K$64K$8K$4K
Other salaries and wagesLn 7$160K$99K$14K$48K
Payroll taxesLn 10$20K$14K$2K$4K
Accounting feesLn 11c$25K$25K
Other fees for servicesLn 11g$16K$9K$3K$3K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$2K$844$756$561
OccupancyLn 16$22K$14K$2K$5K
TravelLn 17$18K$18K
Conferences, conventions and meetingsLn 19$961$961
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$19K$19K
Total functional expensesLn 25$1.1M$916K$82K$65K

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 Viewing $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 O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $989,197 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,029,059$1,057,155
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year −$1,411−$67,958
I-12 Total revenuePrior year $1,027,648$989,197
I-13 Grants and similar amounts paidPrior year $583,820$698,244
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $245,214$255,504
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $73,861$109,562
I-18 Total expensesPrior year $902,895$1,063,310
I-19 Revenue less expensesPrior year $124,753−$74,113
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
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 $989,197 across 6 lines filed
VIII-1c Fundraising events$204,295
VIII-1f All other contributions, gifts and grants$852,860
VIII-1g Noncash contributions (included above)$14,810
VIII-1h Total contributions, gifts and grants$1,057,155
VIII-8 Net income from fundraising eventsExcluded from tax −$67,958−$67,958
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$67,958$989,197
Part IX · Statement of functional expenses $1,063,310 across 13 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $698,244$698,244
IX-5 Pay of current officers, directors and key staffPrograms $63,750 · Management $7,500 · Fundraising $3,750$75,000
IX-7 Other salaries and wagesPrograms $98,688 · Management $13,688 · Fundraising $48,042$160,418
IX-10 Payroll taxesPrograms $13,859 · Management $1,808 · Fundraising $4,419$20,086
IX-11c Accounting feesManagement $24,825$24,825
IX-11g Other fees for servicesPrograms $9,309 · Management $3,228 · Fundraising $3,017$15,554
IX-12 Advertising and promotionManagement $1,347$1,347
IX-13 Office expensesPrograms $844 · Management $756 · Fundraising $561$2,161
IX-16 OccupancyPrograms $14,040 · Management $2,160 · Fundraising $5,400$21,600
IX-17 TravelPrograms $17,579$17,579
IX-19 Conferences, conventions and meetingsManagement $961$961
IX-23 InsuranceManagement $6,581$6,581
IX-24 Other expenses (24a–d)Management $18,954$18,954
IX-25 Total functional expensesPrograms $916,313 · Management $81,808 · Fundraising $65,189$1,063,310
Part X · Balance sheet $477,932 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $296,440$397,876
X-3 Pledges and grants receivableStart of year $99,528$67,495
X-9 Prepaid expenses and deferred chargesStart of year $30,783$8,013
X-14 Intangible assetsStart of year $3,419$948
X-15 Other assetsStart of year $3,600$3,600
X-16 Total assetsStart of year $433,770$477,932
X-17 Accounts payable and accrued expensesStart of year $22,560$23,385
X-19 Deferred revenueStart of year $4,336$124,257
X-26 Total liabilitiesStart of year $26,896$147,642
X-27 Net assets without donor restrictionsStart of year $381,236$317,525
X-28 Net assets with donor restrictionsStart of year $25,638$12,765
X-32 Total net assets or fund balancesStart of year $406,874$330,290
X-33 Total liabilities and net assetsStart of year $433,770$477,932
Part XI · Reconciliation of net assets $330,290 net assets at year end
XI-1 Total revenue$989,197
XI-2 Total expenses$1,063,310
XI-3 Revenue less expenses−$74,113
XI-4 Net assets at start of year$406,874
XI-5 Net unrealized gains (losses) on investments−$2,471
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$330,290

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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