Impact Shares Corp

Frisco, TXUnknown exempt organization EIN 47-1726660Revenue $118K in FY2020Latest filing we have: 2020. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSFrisco, TX

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At Impact Shares we invest in change. It's why we're committed to changing the world of impact investing one socially conscious ETF at a time. At Impact Shares we help organizations translate their social values into an investable product that is traded on the NYSE. Being a part of our ETFs means committing to an evolving set of criteria defined by our non-profit partners to ensure ongoing alignment of corporate behaviors with social values. With all net profits going directly back to these non-profit* partners together we're making money go farther and do more. Creating an impact that is both reflected in portfolios and felt in the world all around us.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1726660) · Dispute this line
55¢ of each $1 spent went to programs.
Run by 1 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2020
latest Form 990
The latest return is for FY2020, 6 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $544K a year · 207% of revenue · last 2 filings
A surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
55%
of spending
55% of spending went to programs.
Pt IX · Ln 25 · col B
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Revenue
$118K
-71% vs prior year
Spent
$1.1M
To programs
55%
Net assets
$686K
By yearFY2019–FY2020
Revenue
$118K
FY2020▼ -71%
Tap a bar for its year
Revenue by fiscal year
FY2019$408K
FY2020$118K
Expenses
$1.1M
FY2020▲ +97%
Tap a bar for its year
Expenses by fiscal year
FY2019$542K
FY2020$1.1M
Net assets
$686K
FY2020▲ ×16
Tap a bar for its year
Net assets by fiscal year
FY2019$43K
FY2020$686K

From the FY2020 Form 990 · see the original

Is it real?

Yes. Exemption reinstated (2017-05-15). Per the IRS revocation list. Latest filing we have: FY2020.

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

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $591K Management & general 37% · $394K Fundraising 8% · $87K

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

1 person listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
See Impact Shares Corp executive salaries →

Programs and updates

Invests in socially conscious ETFs, channeling profits to non-profit partners.

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3 programs · $542K · in their own filed words · FY2019
01

Managed and grew the Women Empowerment Fund Exchange Traded Fund ticker: WOMN. We have raised modest assets, approximately 6mn. Additionally, we continue to see good investor response to our social goals and our return of 32.49% in 2019.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1726660) · Dispute this line
$437Kprogram expense
02

Managed and grew the NAACP Minority Empowerment Fund ticker: NACP. We have raised modest assets, approximately 4mn. Additionally, we continue to see good investor response to our social goals and our return of 30.73% in 2019.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1726660) · Dispute this line
$105Kprogram expense
03

Managed and grew the SDG Exchange Traded Fund ticker: SDGA. We have raised modest assets, approximately 3mn. Additionally, we continue to see good investor response to our social goals and our return of 24.29% in 2019.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1726660) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$118K
Ln 12
Other incomeLn 4–11$118K
Money outPt IX
$1.1M
Ln 25
Programscol B$591K
Managementcol C$394K
Fundraisingcol D$87K
Owns and owesPt X
$686K
net assets · Ln 32
Total assetsLn 16$686K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
2In more detail
Revenue in detailPt VIII
Other incomeLn 4–11$118K
Total revenueLn 12$118K
Assets in detailPt X, end of year
Total assetsLn 16$686K
LiabilitiesLn 26$0
Net assetsLn 32$686K
OperationsPt I, VI
EmployeesI 50
VolunteersI 61
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest ViewingFiled with the IRS Nov 21, 2022 $118K$1.1M−$953K$686K 990 PDF
FY2019Filed with the IRS May 18, 2021 $408K$542K−$134K$43K 990 PDF

Schedules filed Part IV

O · Explanations

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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