S8 Impact Foundation EIN 83-3066562 Form 990 (PDF) Claim this org

S8 Impact Foundation FY2020 filing

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Funds charities to achieve their exempt purposes. For fiscal year 2020 it reported $308K in revenue, $231K in expenses, and $4.7M in net assets.Pt I

Type
Supporting organization · Foundations & Grantmakers
Location
Alpharetta, GA
Filings
5 on file (2020–2020)
Revenue
$308KFY2020
Expenses
$231K
Net assets
$4.7M
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-3066562 Supporting organization Alpharetta, GA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Funds charities to achieve their exempt purposes.
Leadership
Dana E Ring · Trustee
Money in and out
$308K revenue, $231K expenses
Bottom line
+25% net inflow
Money in and out · FY2020
Total revenue
$308K
Pt VIII · Ln 12
Total expenses
$231K
Pt IX · Ln 25
Net assets
$4.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $77K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Net inflow
+25%
revenue over expenses, this year
Pass-through gifts
24%
of revenue from contributions
Program spending
88%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$308K
FY2020
Expenses
$231K
FY2020
Total assets
$4.7M
FY2020
Total liabilities
$0
FY2020
Total revenue
$308K
Pt VIII · Ln 12
Total expenses
$231K
Pt IX · Ln 25
Net assets
$4.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$77K
Total assetsPt X · Ln 16$4.7M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

2 program services account for $406K of program spending, described in the organization's own filed words · FY2020.
01

The s8 impact foundation ("s8 or "the trust") provided funding to charities in fulfillment of the exempt purposes of national christian charitable foundation, inc. ("NCCF"), the trust's supported organization.

$203Kprogram expense
02

The s8 impact foundation ("s8 or "the trust") provided funding to charities in fulfillment of the exempt purposes of national christian charitable foundation, inc. ("NCCF"), the trust's supported organization.

$203Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CS8 Impact Foundation
EINHdr · item D83-3066562
Principal addressHdr · item CAlpharetta, GA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
Ruling yearIRS BMFAug 2001

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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$234K · 76%
Contributions & grants$75K · 24%
Investment income76%$234K
Contributions & grants24%$75K
Total revenueLn 12$308K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$203K
Management & general12%$28K
Total functional expensesLn 25$231K

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$4.7M
Total liabilitiesLn 26$0
Total net assetsLn 32$4.7M
Months of cash on handcomputed63.6

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.8M · Operating expenses (Pt IX) $231K · Less non-cash grants $75K · Cash operating expenses/yr $157K
291.4 months
Where the money goes
Program services
Program services $203K · Total expenses $231K
88%
Management & General
Management & general $28K · Total expenses $231K
12%
Fundraising
Fundraising $0 · Total expenses $231K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $75K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $75K · Total revenue $308K
24%
Government reliance
Government grants — · Total revenue $308K
Earned-income share
Program service revenue $0 · Total revenue $308K
0%
Investment reliance
Investment income $234K · Total revenue $308K
+76%
Program self-sufficiency
Program service revenue $0 · Total expenses $231K
0%
Growth & trend
Revenue growth (YoY)
This year $308K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $4.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $308K · Expenses $231K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $4.7M
Net-asset ratio
Net assets $4.7M · Total assets $4.7M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $2.6M · Total assets (Pt X, ln 16) $4.7M
55%
People & payroll
Highest Reported Total Compensation
Individual Dana E Ring · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $231K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $231K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0%
Investment management fee ratio 0.03%
Legal fee ratio 11%

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 · this organization's grantmaking
Grants paid · 6 grants · $1.4M · 2020–2024

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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)$76K revenue · ⤓ 990 PDF
FY2023$609K revenue · ⤓ 990 PDF
FY2022$-477K revenue · ⤓ 990 PDF
FY2021$206K revenue · ⤓ 990 PDF
FY2020$308K revenue · viewing · ⤓ 990 PDF

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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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