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

New Impact FY2023 filing

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New Impact is a community improvement nonprofit based in Seattle, WA. For fiscal year 2023 it reported $314K in revenue, $313K in expenses, and $26K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Seattle, WA
Website
www.newimpact.care
Filings
5 on file (2020–2023)
Revenue
$314KFY2023
Expenses
$313K
Net assets
$26K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-4671011 Public charity (501(c)(3)) Seattle, WA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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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
$314K revenue, $313K expenses
Bottom line
9% program efficiency
Where the money goes · FY2023
Total revenue
$314K
Pt VIII · Ln 12
Total expenses
$313K
Pt IX · Ln 25
Net assets
$26K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $803
Where spending went · Part IX cols B–D
Program services $0.09 Management & general $0.91
Program efficiency
9%
of spending reaches programs
Operating runway
1.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+0.3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$314K
FY2023▼ -73%
Expenses
$313K
FY2023▼ -66%
Total assets
$40K
FY2023▼ -31%
Total liabilities
$14K
FY2023▼ -58%
Total revenue
$314K
Pt VIII · Ln 12
Total expenses
$313K
Pt IX · Ln 25
Net assets
$26K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$803
Total assetsPt X · Ln 16$40K
Program-expense ratioPt IX · col B9%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

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 & Trea
$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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Mission & Programs · Part III

Where the work happens

3 program services account for $27K of program spending, described in the organization's own filed words · FY2023.
01

Concentric Advisors Tri-Sector Innovation Workshop

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

$13Kprogram expense
02

Notley Tri-Sector Innovation Workshop

Newimpact designed and delivered a targeted three-hour tri-sector innovation (tsi) workshop for impact-oriented businesses in the notley network across austin, san antonio, denver, and columbus.

$11Kprogram expense
03

Wiki Database

Project to create a free and open online CATALOG/DIRECTORY of information about organizations, resources and datasets organized by geographies (HQ and regions served) and impact, and an interactive visualization wiki data.

$3Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$303K · 96%
Program service revenue$10K · 3%
Contributions & grants96%$303K
Program service revenue3%$10K
Other revenue$1K
Total revenueLn 12$314K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.09 Management & general $0.91
Program services9%$28K
Management & general91%$285K
Total functional expensesLn 25$313K

Balance Sheet

Part X · end of year
CashLn 1$31K
Total assetsLn 16$40K
Total liabilitiesLn 26$14K
Total net assetsLn 32$26K
Months of cash on handcomputed1.2

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $31K · Operating expenses/yr $313K
1.2 months
Where the money goes
Program services
Program services $28K · Total expenses $313K
9%
Management & General
Management & general $285K · Total expenses $313K
91%
Fundraising
Fundraising $0 · Total expenses $313K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $504K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $303K · Total revenue $314K
96%
Government reliance
Government grants — · Total revenue $314K
Earned-income share
Program service revenue $10K · Total revenue $314K
3%
Investment reliance
Investment income $0 · Total revenue $314K
0%
Program self-sufficiency
Program service revenue $10K · Total expenses $313K
3%
Growth & trend
Revenue growth (YoY)
This year $314K · Prior year $1.2M
-73%
Net-asset trend (YoY)
End of year $26K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $314K · Expenses $313K
+0.3%
Liabilities-to-Assets
Total liabilities — · Total assets $40K
Net-asset ratio
Net assets $26K · Total assets $40K
66%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $40K
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 $313K
45%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $226K · Total expenses $313K
72%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 9%
Overhead ratio 91%
Fundraising cost ratio 0%
Revenue growth -73%
Legal fee ratio 0.1%
Accounting fee ratio 3%

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 · ⤓ 990 PDF
FY2023$314K revenue · viewing · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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