Notley Impact FY2021 filing

Tax-deductible

Austin, TX501(c)(3)Since 2020EducationEIN 85-3304316

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Educational and charitable organization to accelerate social Impact and innovation

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
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
2 of 4
filings with a surplus
Average surplus $7K a year · under 1% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $9K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$349K
110% of total assets
Concern: liabilities are 110% of assets; over 80%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$842K
Spent
$875K
To programs
80%
Net assets
−$32K
By yearFY2021–FY2024
Revenue
$842K
FY2021
Revenue by fiscal year
FY2021$842K
FY2022$1.2M
FY2023$1.7M
FY2024$10.9M
Expenses
$875K
FY2021
Expenses by fiscal year
FY2021$875K
FY2022$1.0M
FY2023$1.7M
FY2024$11.1M
Net assets
−$32K
FY2021
Net assets by fiscal year
FY2021−$32K
FY2022$154K
FY2023$166K
FY2024$18K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2020.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $696K Management & general 9% · $76K Fundraising 12% · $102K

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

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Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Notley Impact executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Accelerates social impact and innovation through education and charitable work.

Provided by the organization

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3 program services account for $696K of program spending, described in the organization's own filed words · FY2021.
01

Notley global leadership network inspires, resources and catalyzes seasoned and emerging leaders from all walks of life to break through silos and come together to create transformative social change.

$453Kprogram expense
02

Notley tide is a program that educates people on issues of racial justice.

$225Kprogram expense
03

Notley health is united to transform health for all texans. It is tackling systematic disparities within the texas health system by connecting health entrepreneurs to experts, partners and investors.

$18Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$9K
Grants paid · 35 grants · $602K · 2021–2024
Ladders for LeadersTX · FY2024$42,731
Marathon Kids INCTX · FY2024$20,494
Texas Health ActionTX · FY2024$10,675
Keep Austin FedTX · FY2023$45,255
Sanctuary CollectiveOH · FY2023$40,524
Second Day Impact INCMA · FY2023$37,680
Jail to JobsTX · FY2023$30,070
Accompanying Returning Citizen with Hope (arch)OH · FY2023$27,022
The Arc of the Capital AreaTX · FY2023$25,020
Final Third FoundationOH · FY2023$16,701
Dreams on HorsebackOH · FY2023$15,804
Level LearningTX · FY2023$14,755
Franklinton GardensOH · FY2023$10,000
Pride Center San AntonioTX · FY2023$10,000
Youth on RecordCO · FY2023$10,000
CulturinguaTX · FY2023$10,000
Neo Philanthropy INCNY · FY2023$10,000
See all 35 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$842K
Ln 12
Gifts and grantsLn 1h$762K
Fees for servicesLn 2g$57K
Other incomeLn 4–11$23K
Money outPt IX
$875K
Ln 25
Programscol B$696K
Managementcol C$76K
Fundraisingcol D$102K
Owns and owesPt X
−$32K
net assets · Ln 32
Cash and savingsLn 1–2$186K
Total assetsLn 16$317K
LiabilitiesLn 26$349K
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$762K
Fees for servicesLn 2g$57K
Other incomeLn 4–11$23K
Total revenueLn 12$842K
Assets in detailPt X, end of year
CashLn 1$186K
Cash and savings togetherLn 1–2$186K
Total assetsLn 16$317K
LiabilitiesLn 26$349K
Net assetsLn 32−$32K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
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 FY21End FY21
Cash and savingsLn 1–2$186K
Total assetsLn 16$0$317K
LiabilitiesLn 26$0$349K
Net assetsLn 32$0−$32K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$89K$89K
Other salaries and wagesLn 7$400$400
Other employee benefitsLn 9$3K$2K$280
Management feesLn 11a$521K$419K$101K
Legal feesLn 11b$589$589
Accounting feesLn 11c$63K$63K
Other fees for servicesLn 11g$45K$45K
Advertising and promotionLn 12$77K$77K
Office expensesLn 13$8K$8K
TravelLn 17$1K$1K
Other expenses (24a–d)Ln 24$68K$61K$5K$1K
Total functional expensesLn 25$875K$696K$76K$102K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $10.9M$11.1M−$138K$18K 990 PDF
FY2023 $1.7M$1.7M$12K$166K 990 PDF
FY2022 $1.2M$1.0M$186K$154K 990 PDF
FY2021 Viewing $842K$875K−$32K−$32K 990 PDF

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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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $842,469 across 6 lines filed
Lines not itemized here account for $4,705 of total revenue; see the IRS return.
VIII-1b Membership dues$56,916
VIII-1f All other contributions, gifts and grants$705,493
VIII-1h Total contributions, gifts and grants$762,409
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $57,360$57,360
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $17,995$17,995
VIII-12 Total revenueRelated to mission $80,060 · Unrelated business $0 · Excluded from tax $0$842,469
Part IX · Statement of functional expenses $874,812 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $89,336$89,336
IX-7 Other salaries and wagesPrograms $400$400
IX-9 Other employee benefitsPrograms $2,407 · Management $280$2,687
IX-11a Management feesPrograms $419,484 · Fundraising $101,100$520,584
IX-11b Legal feesManagement $589$589
IX-11c Accounting feesManagement $63,000$63,000
IX-11g Other fees for servicesPrograms $44,884$44,884
IX-12 Advertising and promotionPrograms $76,704$76,704
IX-13 Office expensesManagement $7,617$7,617
IX-17 TravelPrograms $1,476$1,476
IX-24 Other expenses (24a–d)Programs $61,406 · Management $4,961 · Fundraising $1,168$67,535
IX-25 Total functional expensesPrograms $696,097 · Management $76,447 · Fundraising $102,268$874,812
Part X · Balance sheet $316,941 assets, 10 lines filed
X-1 Cash, non-interest-bearing$186,122
X-4 Accounts receivable$93,108
X-9 Prepaid expenses and deferred charges$37,711
X-16 Total assetsStart of year $0$316,941
X-17 Accounts payable and accrued expenses$20,762
X-19 Deferred revenue$179,100
X-25 Other liabilitiesStart of year $0$149,370
X-26 Total liabilitiesStart of year $0$349,284
X-32 Total net assets or fund balancesStart of year $0−$32,343
X-33 Total liabilities and net assetsStart of year $0$316,941
Part XI · Reconciliation of net assets −$32,343 net assets at year end
XI-1 Total revenue$842,469
XI-2 Total expenses$874,812
XI-3 Revenue less expenses−$32,343
XI-4 Net assets at start of year$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$32,343

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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