New Impact EIN 84-4671011 Form 990 (PDF) Claim this org

New Impact

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New Impact is a community improvement nonprofit based in Seattle, WA. For fiscal year 2024 it reported $247K in revenue, $266K in expenses, and $7K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Seattle, WA
Website
www.newimpact.care
Filings
5 on file (2020–2024)
Revenue
$247KFY2024
Expenses
$266K
Net assets
$7K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-4671011 Public charity (501(c)(3)) Seattle, WA
Form 990 (PDF)
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Size
$100K–1M
What they do
a community improvement nonprofit
Leadership
Elisabeth R Roberts · Senior Product Manager · $140K
Money in and out
$247K revenue, $266K expenses
Bottom line
16% program efficiency
Where the money goes · FY2024
Total revenue
$247K
Pt VIII · Ln 12
Total expenses
$266K
Pt IX · Ln 25
Net assets
$7K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$19K
Where spending went · Part IX cols B–D
Program services $0.16 Management & general $0.84
Program efficiency
16%
of spending reaches programs▲ +78% vs prior filing year
Operating runway
0.9mo
months of highly liquid reserves at operating expense rate▼ -25% vs prior filing year
Surplus margin
-8%
revenue over expenses, this year▼ -3138% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$247K
FY2024▼ -21%
Expenses
$266K
FY2024▼ -15%
Total assets
$26K
FY2024▼ -35%
Total liabilities
$19K
FY2024▲ +38%
Total revenue
$247K
Pt VIII · Ln 12
Total expenses
$266K
Pt IX · Ln 25
Net assets
$7K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$19K
Total assetsPt X · Ln 16$26K
Program-expense ratioPt IX · col B16%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

3 program services account for $26K of program spending, described in the organization's own filed words · FY2024.
01

Tri-Sector Resource Explorer Ai Tool

Newimpact created and launched the tri-sector resource explorer, a free ai-powered assistant designed to help individuals and organizations identify cross-sector resources, collaborations, and growth opportunities.

$9Kprogram expense
02

Concentric Advisors Tri-Sector Innovation Workshop

Newimpact designed and delivered a tailored four-hour interactive workshop in january 2024 for the leadership team at concentric services, a private sector security advisor and services provider.

$9Kprogram expense
03

University of Washington Business/Entrepreneurship Classes

Newimpact contributed to the university of washington's entrepreneurship curriculum by integrating tri-sector innovation into class discussions and instructional materials. This initiative provided students with insights into designing business models that align private, public, and social sector resources.

$8Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNew Impact
EINHdr · item D84-4671011
Principal addressHdr · item CSeattle, WA
WebsiteHdr · item Jwww.newimpact.care
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S21)
Ruling yearIRS BMFApr 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Senior Product Manager
$140,400Pt VII · Sec A
Director & President
$0Pt VII · Sec A
Director & Vice President
$0Pt VII · Sec A
Director, Secretary & Treasurer
$0Pt VII · Sec A

Elisabeth R Roberts’s $140K as Senior Product Manager is at the 89th percentile of top reported officer pay among 1711 $100K–1M community development 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Elisabeth R Roberts$140,400$140,400$140,400$140,400
Kimberly M Davies$121,071$108,670
Monica Price$104,004

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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Statement of Revenue

Part VIII
Contributions & grants$216K · 87%
Program service revenue$30K · 12%
Contributions & grants87%$216K
Program service revenue12%$30K
Other revenue$760
Total revenueLn 12$247K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.16 Management & general $0.84
Program services16%$43K
Management & general84%$224K
Total functional expensesLn 25$266K

Balance Sheet

Part X · end of year
CashLn 1$20K
Total assetsLn 16$26K
Total liabilitiesLn 26$19K
Total net assetsLn 32$7K
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $20K · Operating expenses/yr $266K
0.9 months
Where the money goes
Program services
Program services $43K · Total expenses $266K
16%
Management & General
Management & general $224K · Total expenses $266K
84%
Fundraising
Fundraising $0 · Total expenses $266K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $421K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $216K · Total revenue $247K
87%
Government reliance
Government grants — · Total revenue $247K
Earned-income share
Program service revenue $30K · Total revenue $247K
12%
Investment reliance
Investment income $0 · Total revenue $247K
0%
Program self-sufficiency
Program service revenue $30K · Total expenses $266K
11%
Growth & trend
Revenue growth (YoY)
This year $247K · Prior year $314K
-21%
Revenue CAGR
FY2020 $388K · FY2024 $247K
-11%
Net-asset trend (YoY)
End of year $7K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $247K · Expenses $266K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $26K
Net-asset ratio
Net assets $7K · Total assets $26K
26%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $26K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elisabeth R Roberts · Reported title SENIOR PRODUCT MANAGER · Highest reported compensation $140K · Total expenses $266K
53%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $181K · Total expenses $266K
68%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 16%
Overhead ratio 84%
Fundraising cost ratio 0%
Revenue growth -21%
Legal fee ratio 0.1%
Accounting fee ratio 4%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

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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)$247K revenue · viewing · ⤓ 990 PDF
FY2023$314K revenue · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF
FY2021$765K revenue · ⤓ 990 PDF
FY2020$388K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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