Impact Cubed EIN 83-2215503 Form 990 (PDF) Claim this org

Impact Cubed FY2021 filing

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Encourages giving, strengthens social services, and improves Jewish communities. For fiscal year 2021 it reported $1.0M in revenue, $492K in expenses, and $885K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Encinitas, CA
Website
impactcubed.org
Filings
5 on file (2020–2021)
Revenue
$1.0MFY2021
Expenses
$492K
Net assets
$885K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-2215503 Public charity (501(c)(3)) Encinitas, CA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/30/26 · see original: IRS
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Size
$1–10M
What they do
Encourages giving, strengthens social services, and improves Jewish communities.
Leadership
Susan Lapidus · Director of Mgsdii · $128K
Money in and out
$1.0M revenue, $492K expenses
Bottom line
90% program efficiency
Where the money goes · FY2021
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$492K
Pt IX · Ln 25
Net assets
$885K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $519K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10
Program efficiency
90%
of spending reaches programs
Operating runway
23.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+51%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.0M
FY2021▲ +15%
Expenses
$492K
FY2021▼ -61%
Total assets
$958K
FY2021▲ +129%
Total liabilities
$74K
FY2021▲ +39%
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$492K
Pt IX · Ln 25
Net assets
$885K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$519K
Total assetsPt X · Ln 16$958K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CImpact Cubed
EINHdr · item D83-2215503
Principal addressHdr · item CEncinitas, CA
WebsiteHdr · item Jimpactcubed.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P12)
Ruling yearIRS BMFNov 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director of Mgsdii
$128,047Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Susan Lapidus’s $128K as Director of Mgsdii is at the 60th percentile of top reported officer pay among 3864 $1–10M human services 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

NameFY2021FY2020
Susan Lapidus$128,047$115,449

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.

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Mission & Programs · Part III

Where the work happens

3 program services account for $362K of program spending, described in the organization's own filed words · FY2020.
01

Jpi

Jerusalem philanthropic initiatives in which jerusalem model brings together young social entrepreneurs working toward a better future for all of jerusalem's diverse inhabitants. This coalition of bottom-up influencers, now 200+ strong, convenes jerusalemites from all parts of the city around one common denominator: the conviction that…

$188Kprogram expense
02

Mgsdii

The murray galinson san diego-israel initiative strategically catalyzes knowledge discourse on the modern state of israel through scholarship, engagement and collaboration. Components include academic courses, lectures, israel travel for students and faculty, visiting israeli professors, conferences, and community education…

$148Kprogram expense
03

Csi

The community security initiative supports local jewish non-profit organizations by providing security-related grant writing efforts.

$26Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$928K · 92%
Program service revenue$83K · 8%
Contributions & grants92%$928K
Program service revenue8%$83K
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$442K
Management & general10%$50K
Total functional expensesLn 25$492K

Balance Sheet

Part X · end of year
CashLn 1$947K
Total assetsLn 16$958K
Total liabilitiesLn 26$74K
Total net assetsLn 32$885K
Months of cash on handcomputed23.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $947K · Operating expenses/yr $492K
23.1 months
Where the money goes
Program services
Program services $442K · Total expenses $492K
90%
Management & General
Management & general $50K · Total expenses $492K
10%
Fundraising
Fundraising $0 · Total expenses $492K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $17K · Solicited contributions (2-yr avg) $868K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $928K · Total revenue $1.0M
92%
Government reliance
Government grants — · Total revenue $1.0M
Earned-income share
Program service revenue $83K · Total revenue $1.0M
8%
Investment reliance
Investment income $0 · Total revenue $1.0M
0%
Program self-sufficiency
Program service revenue $83K · Total expenses $492K
17%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $879K
+15%
Net-asset trend (YoY)
End of year $885K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $492K
+51%
Liabilities-to-Assets
Total liabilities — · Total assets $958K
Net-asset ratio
Net assets $885K · Total assets $958K
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $958K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Susan Lapidus · Reported title DIRECTOR OF MGSDII · Highest reported compensation $128K · Total expenses $492K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $101K · Total expenses $492K
21%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Fundraising cost ratio 0%
Revenue growth 15%
Accounting fee ratio 0.6%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 12 funders →
Grants paid · 44 grants · $3.0M · 2019–2023
See all 44 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$3.1M revenue · ⤓ 990 PDF
FY2023$884K revenue · ⤓ 990 PDF
FY2022$3.7M revenue · ⤓ 990 PDF
FY2021$1.0M revenue · viewing · ⤓ 990 PDF
FY2020$879K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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