Impact Nations FY2020 filing

Tax-deductible

Orlando, FL501(c)(3)ReligionEIN 80-0821724

Our mission is to bring hope to hurting people world wide through tangible expressions of love. We have been building homes for volcano survivors.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
IRS e-file · Filing history
Is it financially stable?
5 of 5
years in the black
Pt I · Ln 19 · 5 filings
How much reaches the programs?
0%
of spending
Pt IX · Ln 25 · col B
Do they have reserves?
48 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
4
named funders · $234K
Funders’ Sch. I, 990-PF
Do they carry debt?
−$6K
liabilities
Pt X · Ln 26
Who oversees it?
1
independent of 3 voting board members
Pt VI · Ln 1a–1b
Revenue
$247K
Spent
$74K
To programs
0%
Net assets
$307K
By yearFY2020–FY2024
Revenue
$247K
FY2020
Revenue by fiscal year
FY2020$247K
FY2021$292K
FY2022$193K
FY2023$301K
FY2024$784K
Expenses
$74K
FY2020
Expenses by fiscal year
FY2020$74K
FY2021$130K
FY2022$140K
FY2023$189K
FY2024$290K
Net assets
$307K
FY2020
Net assets by fiscal year
FY2020$307K
FY2021$437K
FY2022$489K
FY2023$601K
FY2024$1.1M

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
Yes — exemption reinstated (2015-05-15)
Per the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CImpact Nations
EINHdr · item D80-0821724
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 2015
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item COrlando, FL
NTEE classificationIRS BMFReligion (X20)
WebsiteHdr · item Jwww.farrantadventures.com

Financial health

Is it on solid ground?

Operating runway
48.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+70%
revenue over expenses, this year
Donor-funded
100%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$301K
FY2020
Total assets by fiscal year
FY2020$301K
FY2021$438K
FY2022$489K
FY2023$851K
FY2024$1.2M
Total liabilities
−$6K
FY2020
Total liabilities by fiscal year
FY2020−$6K
FY2021$2K
FY2022−$152
FY2023$250K
FY2024$127K
Revenue less expensesPt I · Ln 19$173K
Total assetsPt X · Ln 16$301K
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 41

Balance Sheet

Part X · end of year
CashLn 1$298K
Total assetsLn 16$301K
Total liabilitiesLn 26−$6K
Total net assetsLn 32$307K
Months of cash on handcomputed48.4

Statement of Revenue

Part VIII
Contributions & grants100%$247K
Total revenueLn 12$247K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $298K · Operating expenses/yr $74K
48.4 months
Where the money goes
Program services
Program services $0 · Total expenses $74K
not reported
Management & General
Management & general $0 · Total expenses $74K
not reported
Fundraising
Fundraising $0 · Total expenses $74K
not reported
Cost to raise $1
Fundraising expense $0 · Solicited contributions $247K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $247K · Total revenue $247K
100%
Government reliance
Government grants — · Total revenue $247K
—
Earned-income share
Program service revenue $0 · Total revenue $247K
0%
Investment reliance
Investment income $0 · Total revenue $247K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $74K
0%
Growth & trend
Revenue growth (YoY)
This year $247K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $307K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $247K · Expenses $74K
+70%
Liabilities-to-Assets
Total liabilities — · Total assets $301K
—
Net-asset ratio
Net assets $307K · Total assets $301K
102%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $301K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Johnathan Farrant · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $74K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $36K · Total expenses $74K
49%
Peer comparison

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

MetricThis orgPeer medianPercentile
Overhead ratio 0%——
Fundraising cost ratio 0%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee 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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Johnathan Farrant’s $42K as President is at the 43rd percentile of top reported officer pay among 2133 $100K–1M religion 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.

See Impact Nations executive salaries →

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Governance & Policies

Part VI
  • 3Voting board membersPt VI · Ln 1a
  • 1Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Builds homes for volcano survivors, bringing hope through tangible acts of love.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.
01

We hand craft wigs for children battling cancer in underpriviledged countries. After receiving a hair donation, we sew up the hair and create a wig. The wig is then brought to a child along with a care package that includes a tote bag, Bible, tshirt, stuffed animal, and a small toy or bracelet.

Pt IX · col B

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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 4 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $784K$290K+161% 990 PDF
FY2023 $301K$189K+56% 990 PDF
FY2022 $193K$140K-34% 990 PDF
FY2021 $292K$130K+18% 990 PDF
FY2020 Viewing $247K$74K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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