Form 990 for tax year 2022

Totals

Total revenue

$17,937,020

Total expenses

$17,234,674

Contributions and grants received

$17,820,534

Grants paid

$14,820,935

Program service revenue

$89,579

Investment income

$26,907

Other revenue

$0

Total assets, end of year

$13,547,870

Total liabilities, end of year

$6,088,517

Net assets or fund balances, end of year

$7,459,353

Program services expenses (Part IX)

$16,914,022

Management and general expenses

$208,827

Fundraising expenses

$111,825

Program service expenses (Part III)

$16,914,022

Program services were 98.1% 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.

Mission and programs · 2022

• IMPACT CHARITABLE CONTINUED TO OPERATE THE LEFT BEHIND WORKERS FUND WHICH PROVIDES EMERGENCY ASSISTANCE IN THE FORM OF DIRECT CASH PAYMENTS TO UNDOCUMENTED INDIVIDUALS ACROSS THE STATE OF COLORADO, WITH THE AIM OF IMPROVING FINANCIAL SECURITY, ACCELERATING RECOVERY RELATED TO THE IMPACTS OF COVID-19, AND CREATING A SAFETY NET FOR OUR NEIGHBORS LEFT BEHIND BY OUR CURRENT SOCIAL SUPPORT SYSTEMS.

  Expenses $12,794,550 · Grants $12,057,000

• TOGETHER WITH TRUSTED NONPROFIT PARTNERS THAT SPECIFICALLY SERVE THE UNHOUSED POPULATION, IMPACT CHARITABLE LAUNCHED A GUARANTEED INCOME PROJECT KNOWN AS THE DENVER BASIC INCOME PROJECT TO GIVE BASIC INCOME TO INDIVIDUALS EXPERIENCING HOMELESSNESS. THE GOAL IS TO BUILD A HEALTHIER SOCIETY GROUNDED IN SOCIAL JUSTICE AND CENTERED AROUND IMPROVING HUMAN THRIVING.

  Expenses $2,816,534 · Grants $2,077,570

• IMPACT CHARITABLE CONTINUED TO INNOVATE AND EXPAND OUR SERVICES WITHIN OUR INTEGRATED CAPITAL PROGRAM IN 2022. THE ORGANIZATION FACILITATED 112 GRANTS TOTALING $364,437 FROM DONOR ADVISED FUNDS. THE ORGANIZATION EXECUTED $4.8MM IN DIRECT INVESTMENTS INTO INNOVATIVE SOCIAL VENTURES, NONPROFITS, AND IMPACT-FIRST INVESTMENT FUNDS: 1) A COLORADO-BASED AFFORDABLE HOUSING INVESTMENT FUND; 2) A NATIVE AMERICAN-OWNED AND OPERATED ENERGY COMPANY CONVERTING COMMUNITIES FROM COAL TO RENEWABLE ENERGY ON TRIBAL LANDS; 3) A NONPROFIT AUTO DEALER AND REPAIR SERVICE SUPPORTING SINGLE MOMS WITH AFFORDABLE AND RELIABLE TRANSPORTATION; 4) A BUSINESS TRAINING, COACHING AND MENTORING PLATFORM SERVING BLACK WOMEN ENTREPRENEURS; 5) A DOWN PAYMENT ASSISTANCE FUND PROVIDING GREATER ACCESS TO HOMEOWNERSHIP FOR BLACK FAMILIES IN THE DENVER METRO AREA; 5) A FOOD DELIVERY COMPANY DEDICATED TO CREATING A MORE JUST AND SUSTAINABLE FOOD SYSTEM IN COLORADO; 6) EMERGING BEAUTY BRANDS OWNED BY WOMEN OF COLOR WHO ARE MAKING THE BEAUTY INDUSTRY MORE INCLUSIVE. IMPACT CHARITABLE'S INVESTMENT PORTFOLIO REPRESENTS ITS SERVICES TO DONOR ADVISED FUNDS AS WELL AS PROGRAM-RELATED INVESTMENTS FUNDED BY LOCAL FOUNDATIONS.

  Expenses $593,245 · Grants $384,437

• IMPACT CHARITABLE LAUNCHED A GUARANTEED INCOME PROJECT KNOWN AS THE THRIVING PROVIDERS PROJECT TO SUPPORT INFORMAL CHILDCARE PROVIDERS WITH THE GOAL OF IMPROVING FINANCIAL SECURITY, INCREASING RETENTION IN THE CHILDCARE WORKFORCE, AND INCREASING THE STABILITY OF CARE FOR FAMILIES ACROSS THE STATE OF COLORADO.

  Expenses $510,001 · Grants $173,250

• IMPACT CHARITABLE LAUNCHED AND MANAGED A FRIENDS AND FAMILY INVESTMENT FUND FOCUSED ON BIPOC, WOMEN AND VETERANS WITH THE GOAL OF BUILDING GENERATIONAL WEALTH WITHIN COMMUNITIES, ENSURING ENTREPRENEURS WILL BE READY FOR VENTURE AND INSTITUTIONAL FUNDING. THE ORGANIZATION MADE 1 INVESTMENT TOTALING $200,000 AND BUILT A PIPELINE OF ADDITIONAL BUSINESSES THAT COULD QUALIFY FOR FUTURE FUNDING.

  Expenses $45,924 · Revenue $58,850

• IMPACT CHARITABLE ADDITIONALLY WORKED TO SUPPORT BROADER DIRECT CASH AND ECONOMIC MOBILITY PROGRAMS, INCLUDING LEADING A DESIGN PROCESS FOR A TENANT EQUITY VEHICLE TO SUPPORT RENTERS IN WORKFORCE AND AFFORDABLE HOUSING TO BUILD EQUITY, PROVIDING DIRECT CASH PAYMENTS FOR LOW-INCOME FAMILIES IN THE DENVER METRO AREA, AND OTHER INITIATIVES TO ENABLE AND SUPPORT ECONOMIC MOBILITY.

  Expenses $153,768 · Grants $128,678 · Revenue $30,729

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

Listed in Part VII

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

• ANGEL INVESTOR FOUNDATION

  $62,340

  GNERAL SUPPORT

• HUNTINGTON COUNTY COMMUNITY FOUNDATION INC

  $33,007

  GENERAL SUPPORT

• NATIONAL CHRISTIAN FOUNDATION - GEORGIA

  $33,007

  GENERAL SUPPORT

• NEW BRAUNFELS AREA COMMUNITY FOUNDATION

  $33,007

  GENERAL SUPPORT

• CHINOOK FUND

  $25,000

  GENERAL SUPPORT

• FAT AND SASSY GOATS

  $20,000

  GENERAL SUPPORT

• COMMUNITY FOUNDATION BOULDER COUNTY

  $16,305

  GENERAL SUPPORT

• TIGRAY-ETHIOPIAN COMMUNITY ASSOCIATION IN COLORADO

  $13,683

  GENERAL SUPPORT

• BLOODWATER MISSION

  $10,000

  GENERAL SUPPORT

• CAL-WOOD EDUCATION CENTER

  $10,000

  GENERAL SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type

form_990

Tax year

2022

Filed

15 November 2023

IRS schema version

2022v5.0

Source object

202303199349325030

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

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