Overview
What is Impact Inc?
Impact Inc is a compassionate nonprofit organization situated in Malden, Massachusetts, with a strong mission to combat violence in society. They achieve this goal by offering innovative, hands-on safety training to individuals of all ages, including men, women, children, and teens. Their approach empowers individuals to recognize their choices, personal power, and control over their lives. By equipping them with essential skills, Impact Inc helps individuals to assess and de-escalate potentially dangerous situations, thereby protecting themselves from harm in various environments, such as their homes, communities, and streets. In a specialized aspect, Impact Inc also provides personal safety training to individuals with intellectual disabilities.
Official website here: www.triangle-inc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Impact Inc has achieved a solid Four-Star rating on Charity Navigator, reflecting an overall score of 96%. This high rating is attributed entirely to its Accountability & Finance score, indicating strong fiscal management and transparency within the organization. The presence of an independent board is noted as a significant strength, with 100% of board members being independent, which enhances governance and oversight.
The organization demonstrates excellent financial practices, as evidenced by its high scores across various metrics. These include a program expense ratio of 84.04%, indicating that a substantial majority of its funds are directed towards its programs, and a low liabilities to assets ratio of 36.36%, showcasing financial stability. Additionally, the charity has robust policies in place, such as conflict of interest and whistleblower policies, which contribute to its transparent operations.
While the data presents a positive image of Impact Inc, it is essential for potential donors and volunteers to consider ongoing engagement and impact measurement. As with any organization, staying informed about program outcomes and community feedback will provide a more comprehensive understanding of its effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Impact Inc legitimate?
Impact Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $581,319
For more financial information, click here
Official website here: www.triangle-inc.org
What is the mission statement of Impact Inc?
Impact Inc, as an organization, is dedicated to breaking the cycle of violence in society. They achieve this goal through innovative hands-on safety training. This training empowers individuals with intellectual disabilities, including men, women, children, and teenagers, by helping them understand that they have choices, personal power, and control over their lives. The skills taught by Impact Inc enable people to assess and de-escalate potentially dangerous situations and protect themselves from violence in their homes, communities, and streets.
Official website here: www.triangle-inc.org
Who is the CEO of Impact Inc?
Coleman Nee is the Chief Executive Officer of Impact Inc. The CEO's salary of Impact Inc is $0 and their total compensation is $246,050.
Official website here: www.triangle-inc.org
What is the revenue of Impact Inc?
Impact Inc's revenue in 2022 was $1,003,321.
Official website here: www.triangle-inc.org
Who are the executives of Impact Inc and what are their salaries?
There 9 volunteers at Impact Inc.
Here are 12 key members and their salaries (Impact Inc's CEO's salary is $0 and their total compensation is $246,050):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Related: $223,373
- Other: $22,677
- Compensation: $0
- Related: $162,462
- Other: $28,744
- Compensation: $0
- Related: $140,167
- Other: $12,138
Official website here: www.triangle-inc.org
Where can I find the form 990 for Impact Inc?
Impact Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.triangle-inc.org
Learn more at the official website: www.triangle-inc.org
Mission Statement of Impact Inc
Impact Inc, a dedicated organization, is committed to breaking the cycle of violence in society. They achieve this goal by providing innovative hands-on safety training. This training empowers men, women, children, and teens by helping them comprehend that they have choices, personal power, and control over their lives. The skills taught by Impact Inc enable individuals to assess potentially dangerous situations, de-escalate them, and protect themselves from violence in various environments such as their homes, communities, and streets.
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Impact
July, 2024
Impact Inc's impact lies in providing hands-on personal safety training to individuals with intellectual disabilities. By focusing on breaking the cycle of violence in society, the organization empowers men, women, children, and teens to recognize their choices, personal power, and control over their lives. Through innovative safety training, Impact Inc equips people with skills to assess and de-escalate potentially dangerous situations and protect themselves from violence in their homes, communities, and streets. The organization's dedication to fostering a sense of empowerment and safety awareness makes a significant difference in improving community well-being.
This information is meant to be a general summary of Impact Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $842,312
- Gross Receipts: $1,003,321
Assets and Liabilities:
- Total Assets: $637,876
- Total Liabilities: $426,012
- Net Assets: $211,864
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$710,278
OTHER PROGRAM REVENUE
Revenue
$132,034
Organization Details
Founding Year
1995
Phone
(781) 388-4305Principal Officer
Coleman Nee
Main Address
450 BROADWAY, MALDEN, MA, 02148
Website
www.triangle-inc.orgNTEE Category
Code: S80Z - Community improvement
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