Impact Capital Managers INC

New York, NYUnknown exempt organizationEIN 83-3201824

The corporation was formed for the following purposes - to support the development of the private capital impact investing industry, to educate impact investors, to develop and share data, best practices, policies, and professional standards for impact investors, to promote diversity, equity, and inclusion in impact investing, and any other activities that promote the common business interest of impact investors and the impact investing community.

81¢ of each $1 spent went to programs.
Run by 10 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
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
4 of 5
filings with a surplus
Average surplus $126K a year · 26% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$214K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$54K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$734K
+26% vs prior year
Spent
$853K
To programs
81%
Net assets
$770K
By yearFY2020–FY2024
Revenue
$734K
FY2024▲ +26%
Revenue by fiscal year
FY2020$271K
FY2021$353K
FY2022$491K
FY2023$583K
FY2024$734K
Expenses
$853K
FY2024▲ +117%
Expenses by fiscal year
FY2020$169K
FY2021$187K
FY2022$199K
FY2023$394K
FY2024$853K
Net assets
$770K
FY2024▼ -13%
Net assets by fiscal year
FY2020$242K
FY2021$408K
FY2022$699K
FY2023$889K
FY2024$770K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $691K Management & general 14% · $121K Fundraising 5% · $41K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

16 people listed on the 990; $214K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$90,186Pt VII · Sec A
Director of Imm & Research
$69,247Pt VII · Sec A
Director of Communications & Policy
$54,467Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Marieke Spence$90,186$86,983$67,008$60,320$68,519
Diane Kulju$69,247————
Garrett Jaso$54,467————

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 Capital Managers INC executive salaries →

Are you one of these people? Claim this org to confirm your role

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

Advance private capital impact investing through education, data, and best practices.

Provided by the organization

This section is blank until Impact Capital Managers INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $691K of program spending, described in the organization's own filed words · FY2024.
01

Icm inc. Advanced its mission to support the growth and integrity of market-rate impact investing by delivering a robust suite of member services and field-building initiatives throughout the year.

$691Kprogram expense

Run this program? Claim this org to tell your story

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$734K
Ln 12
Fees for servicesLn 2g$668K
Gifts and grantsLn 1h$59K
Other incomeLn 4–11$7K
Money outPt IX
$853K
Ln 25
Programscol B$691K
Managementcol C$121K
Fundraisingcol D$41K
Owns and owesPt X
$770K
net assets · Ln 32
Cash and savingsLn 1–2$150K
Total assetsLn 16$823K
LiabilitiesLn 26$54K
PeoplePt VI, VII
16
listed · VII A
PaidVII A3
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$59K
Fees for servicesLn 2g$668K
Other incomeLn 4–11$7K
Total revenueLn 12$734K
Assets in detailPt X, end of year
CashLn 1$150K
Cash and savings togetherLn 1–2$150K
Other assetsLn 15$656K
Total assetsLn 16$823K
LiabilitiesLn 26$54K
Net assetsLn 32$770K
OperationsPt I, VI
EmployeesI 52
VolunteersI 610
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 FY24End FY24
Cash and savingsLn 1–2$694K$150K
Total assetsLn 16$916K$823K
LiabilitiesLn 26$27K$54K
Net assetsLn 32$889K$770K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$90K$65K$17K$8K
Other salaries and wagesLn 7$287K$208K$53K$26K
Other employee benefitsLn 9$41K$30K$8K$4K
Payroll taxesLn 10$31K$22K$6K$3K
Legal feesLn 11b$9K$9K
Accounting feesLn 11c$15K$15K
Other fees for servicesLn 11g$220K$219K$1K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$10K$9K$1K
Information technologyLn 14$17K$17K
OccupancyLn 16$28K$25K$3K
TravelLn 17$71K$71K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$19K$19K$709
Total functional expensesLn 25$853K$691K$121K$41K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $734K$853K−$119K$770K 990 PDF
FY2023 $583K$394K$190K$889K 990 PDF
FY2022 $491K$199K$291K$699K 990 PDF
FY2021 $353K$187K$166K$408K 990 PDF
FY2020 $271K$169K$102K$242K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $733,589 across 5 lines filed
VIII-1f All other contributions, gifts and grants$58,667
VIII-1h Total contributions, gifts and grants$58,667
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $667,942$667,942
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,980$6,980
VIII-12 Total revenueRelated to mission $674,922 · Unrelated business $0 · Excluded from tax $0$733,589
Part IX · Statement of functional expenses $852,591 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $65,261 · Management $16,729 · Fundraising $8,196$90,186
IX-7 Other salaries and wagesPrograms $207,554 · Management $53,207 · Fundraising $26,068$286,829
IX-9 Other employee benefitsPrograms $29,614 · Management $7,592 · Fundraising $3,720$40,926
IX-10 Payroll taxesPrograms $22,414 · Management $5,745 · Fundraising $2,815$30,974
IX-11b Legal feesManagement $9,281$9,281
IX-11c Accounting feesManagement $15,210$15,210
IX-11g Other fees for servicesPrograms $219,119 · Management $1,332$220,451
IX-12 Advertising and promotionPrograms $5,578$5,578
IX-13 Office expensesPrograms $9,105 · Management $1,012$10,117
IX-14 Information technologyPrograms $16,926$16,926
IX-16 OccupancyPrograms $25,254 · Management $2,806$28,060
IX-17 TravelPrograms $71,304$71,304
IX-23 InsuranceManagement $7,316$7,316
IX-24 Other expenses (24a–d)Programs $18,724 · Management $709$19,433
IX-25 Total functional expensesPrograms $690,853 · Management $120,939 · Fundraising $40,799$852,591
Part X · Balance sheet $823,438 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $693,702$149,640
X-4 Accounts receivable$13,624
X-9 Prepaid expenses and deferred chargesStart of year $12,826$4,297
X-15 Other assetsStart of year $209,460$655,877
X-16 Total assetsStart of year $915,988$823,438
X-17 Accounts payable and accrued expensesStart of year $27,233$18,352
X-19 Deferred revenue$35,333
X-26 Total liabilitiesStart of year $27,233$53,685
X-27 Net assets without donor restrictionsStart of year $888,755$769,753
X-32 Total net assets or fund balancesStart of year $888,755$769,753
X-33 Total liabilities and net assetsStart of year $915,988$823,438
Part XI · Reconciliation of net assets $769,753 net assets at year end
XI-1 Total revenue$733,589
XI-2 Total expenses$852,591
XI-3 Revenue less expenses−$119,002
XI-4 Net assets at start of year$888,755
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$769,753

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.