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Nonprofiteer
← IMPACT HUB

Form 990 for tax year 2022

Filed by IMPACT HUB.

Totals

Total revenue
$1,985,834
Total expenses
$1,662,543
Contributions and grants received
$1,985,834
Grants paid
$1,630,102
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$367,854
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$367,854
Program services expenses (Part IX)
$1,630,102
Management and general expenses
$32,441
Fundraising expenses
$0
Program service expenses (Part III)
$1,630,102

Program services were 98.0% 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

    $1,985,834

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $704,958 · program services $704,958

  • 3 · Grants to foreign organizations and individuals

    total $925,144 · program services $925,144

  • 11b · Fees: legal

    total $30,237 · management and general $30,237

  • 11c · Fees: accounting

    total $1,535 · management and general $1,535

  • 13 · Office expenses

    total $669 · management and general $669

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $44,563 · end of year $367,854

  • 27 · Net assets without donor restrictions

    beginning of year $44,563 · end of year $59,894

  • 28 · Net assets with donor restrictions

    end of year $307,960

Mission and programs · 2022

Mission

TO SUPPORT AND PROMOTE A GLOBAL ECOSYSTEM FOR THE GROWTH OF SOCIAL ENTREPRENEURS.

  • PROGRAM TO SUPPORT THE DEVELOPMENT OF THE SOCIAL ENTERPRISE LANDSCAPE IN RUSSIA AND STRENGTHEN THE IMPACT OF EXISTING SOCIAL ENTREPRENEURS (SES). ALSO, A PROGRAM TO TRAIN GIRLS IN IT PROFESSIONS AND CREATE A CHANNEL ABOUT GIRLS IN THE FIELD OF IT.

    Expenses $106,870 · Grants $106,870

  • GENERATION IMPACT FELLOWSHIP PROGRAM IS A MULTI-CITY ENTREPRENEURSHIP PROGRAM DESIGNED FOR YOUNG FUTURE LEADERS AIMED TO INSPIRE, SELECT AND SUPPORT INNOVATIVE IDEAS WITH THE POTENTIAL TO GROW TO BE SUSTAINABLE VENTURES. THIS PROGRAM INVOLVES 9 IMPACT HUB LOCATIONS IN THE ASIA PACIFIC REGION: JAKARTA, KUALA LUMPUR, KYOTO, MANILA, PHNOM PENH, SHANGHAI, TAIPEI, YANGON AND WAIKATO.

    Expenses $194,900 · Grants $194,900

  • PROGRAM TO SUPPORT WOMEN OF COLOR ENTREPRENEURS WHO ARE BUILDING GREAT BUSINESSES THROUGH LONG-TERM MENTORSHIP, COMBINED WITH TAILORED PROGRAMMING, PEER SUPPORT, AND CURATED ACCESS TO POTENTIAL CUSTOMERS, LENDERS AND INVESTORS.

    Expenses $958,292 · Grants $958,292

  • PROGRAM TO TRAIN GIRLS IN IT PROFESSIONS AND CREATE A CHANNEL ABOUT GIRLS IN THE FIELD OF IT.

    Expenses $26,708 · Grants $26,708

  • KIVA MICROFUND SMALL LOANS TO INDIVIDUALS OR GROUPS IN DEVELOPING COUNTRIES.

    Expenses $60,499 · Grants $60,499

  • PROGRAM AIMED TO EMPOWER EARLY STAGE CLIMATE INNOVATORS AND HELP THEM TO SPEED UP THE COMMERCIALIZATION PROCESS AND SCALE THEIR IMPACT IN ORDER TO CATALYZE A ZERO CARBON FUTURE.

    Expenses $156,750 · Grants $156,750

  • PROGRAM TO EMPOWER YOUNG TALENTS VIA THE POWER OF EDUCATION AND INCUBATION TO BECOME THE FUTURE FORCE OF THE SUSTAINABLE PACKAGING INDUSTRY.

    Expenses $83,125 · Grants $83,125

  • ACADEMY FOR WOMEN ENTREPRENEURS (AWE) PROGRAM PROVIDED ENTERPRISING WOMEN THE KNOWLEDGE, NETWORKS AND ACCESS THEY NEED TO LAUNCH AND SCALE SUCCESSFUL BUSINESSES.

    Expenses $38,000 · Grants $38,000

  • SUPPORT OF IMPACT STATE OF MIND 3 DAY CONFERENCE.

    Expenses $4,958 · Grants $4,958

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brian Howe

    BOARD PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Alfredo Villalonga

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Grace Rodriguez

    TREASURER

    Total calculated
    $0
    Hours/week
    1

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.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

FORM 990, PART VII, SECTION A, LINE 5:
BRIAN HOWE IS THE MANAGING DIRECTOR OF VOX LEGAL PLLC WHO PROVIDES LEGAL AND MANAGERIAL SERVICES TO THE ORGANIZATION. HE RECEIVED $30,237 TOTAL COMPENSATION AS A RESULT OF THIS WORK.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • R & B YOGA

    $100,000

    CULTIVATE AND B.L.O.O.M. SOCIAL IMPACT ACCELERATOR SCHOLARSHIP AWARD

  • HOOD HEALTH

    $100,000

    CULTIVATE AND B.L.O.O.M. SOCIAL IMPACT ACCELERATOR SCHOLARSHIP AWARD

  • AHMAUD ARBERY FOUNDATION

    $100,000

    CULTIVATE AND B.L.O.O.M. SOCIAL IMPACT ACCELERATOR SCHOLARSHIP AWARD

  • HEALHAUS LLC

    $100,000

    CULTIVATE AND B.L.O.O.M. SOCIAL IMPACT ACCELERATOR SCHOLARSHIP AWARD

  • NAAYA WELLNESS LLC

    $100,000

    CULTIVATE AND B.L.O.O.M. SOCIAL IMPACT ACCELERATOR SCHOLARSHIP AWARD

  • SPIKED SPIN LLC

    $100,000

    CULTIVATE AND B.L.O.O.M. SOCIAL IMPACT ACCELERATOR SCHOLARSHIP AWARD

  • LETS DO WRK LLC

    $100,000

    CULTIVATE AND B.L.O.O.M. SOCIAL IMPACT ACCELERATOR SCHOLARSHIP AWARD

Provenance

Return type
form_990
Tax year
2022
Filed
19 April 2023
IRS schema version
2022v5.0
Source object
202341249349300709

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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