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← BOLD IMPACT

Form 990 for tax year 2022

Filed by BOLD IMPACT.

Totals

Total revenue
$38,392
Total expenses
$406,721
Contributions and grants received
$38,392
Grants paid
$145,500
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$931,605
Total liabilities, end of year
$1,744
Net assets or fund balances, end of year
$929,861
Program services expenses (Part IX)
$314,196
Management and general expenses
$40,899
Fundraising expenses
$51,626
Program service expenses (Part III)
$314,196

Program services were 77.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $38,392

  • 3 · Investment income

    total $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $100,000 · program services $100,000

  • 2 · Grants to domestic individuals

    total $45,500 · program services $45,500

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $9,744 · management and general $9,744

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $4,740 · management and general $4,740

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $132,453 · program services $75,220 · management and general $6,833 · fundraising $50,400

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $278 · program services $139 · management and general $139

  • 14 · Information technology

    total $2,331 · program services $529 · management and general $1,802

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $8,173 · program services $6,131 · management and general $816 · fundraising $1,226

  • 17 · Travel

    total $24,638 · program services $24,638

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $10,260 · program services $10,260

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $2,760 · management and general $2,760

  • 24a · Other expenses: Professional services

    total $43,237 · program services $34,451 · management and general $8,786

  • 24b · Other expenses: Dues

    total $4,620 · management and general $4,620

  • 24c · Other expenses: Other

    total $4,052 · program services $4,052

  • 24d · Other expenses: Program supplies

    total $3,447 · program services $3,447

  • 24e · All other expenses

    total $10,488 · program services $9,829 · management and general $659

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,298,256 · end of year $931,605

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $66 · end of year $1,744

  • 27 · Net assets without donor restrictions

    beginning of year $671,746 · end of year $513,917

  • 28 · Net assets with donor restrictions

    beginning of year $626,444 · end of year $415,944

Mission and programs · 2022

Mission

Bold Impact is a national non-profit dedicated to leveraging the power of technology and media to build a world where all communities can thrive. Bold Impact stewards programs that address inequality in technology, media and community care and support building meaningful, diverse thriving communities supported by a healthy information and innovation ecosystem.

  • Bold Impact is producing Future Well's facilitated salon series and issuing capital grants resourcing a network of media leaders working to build a diverse, vibrant future where all communities can thrive. Future Well is an initiative to nurture a collective and build interlocking points between media, journalism leaders and innovation economies. The program centers the needs of creative media innovators serving Black and Brown communities.

    Expenses $176,827 · Grants $100,000

  • Rights x Tech is a program that facilitates a network and a forum for innovative movement leaders, technologists from top technology companies, finance and policy experts to explicitly interrogate the most pressing human rights issues the ecosystem is reckoning with today. Bold Impact produced RxT forums on solidarity technology, grief and innovation and resourcing tech infrastructure. Bold Impact led Technology for Inclusive Recoveries (spun out of the RxT archived pandemic data project: COVID Racial Impact Data Alliance), policy committee briefings and published a flagship research report, Toward Ethical Technology: Centering Human Rights in the Future of Digital Innovation.

    Expenses $132,410 · Grants $45,500

  • Through Bold Impact combined Emergent Campaigns and Special Projects initiatives, emergent campaigns are intended to respond to current events, trends, emergent issues in technology and media impacting the rights, protections and well-being of Black and Brown communities. Bold Impact develops special projects as accelerants to existing programmatic work and pair with partner organizations to integrate the campaigns for continuity. Through this, the organization piloted a women of color leadership well-being circle and community network.

    Expenses $4,959

As filed on the 2022 return.

Listed in Part VII

  • Sabrina Hersi Issa

    Director

    Total calculated
    $0
    Hours/week
    10
  • Isra Pananon Weeks

    President

    Total calculated
    $0
    Hours/week
    3
  • Rachel Weidinger

    Director

    Total calculated
    $0
    Hours/week
    3
  • Adele M Stan

    Director

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • Glow Up Games

    $50,000

    Media & Technology

  • New Currents LLC

    $50,000

    Media and technology

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202333189349318888

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