Overview
What is Design Impact?
Design Impact is a nonprofit social innovation firm located in Cincinnati, Ohio, with a mission to empower communities, organizations, and systems to innovate and tackle complex social challenges. They collaborate with various stakeholders, employing creative and inclusive approaches, to foster social change. Design Impact amplifies and empowers unheard voices, particularly those directly impacted by poverty, in the design of solutions. Since its inception, the organization has worked on over 400 social design projects across multiple sectors, engaging over 20,000 nonprofit leaders, community members, and creatives as of 2023. Their current focus is on the Madisonville Community Studio Project, which explores the role of race in neighborhood development and its impact on residents, allowing for resident voices to guide the project's direction. Design Impact has its headquarters at 3874 Paxton Ave, 9865, Cincinnati, OH 45209, with a staff of 12 individuals.
Official website here: www.d-impact.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Design Impact has received a Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is derived entirely from a single beacon focusing on financial management, and the organization achieved a commendable score of 81%. This rating indicates a solid level of transparency and responsible financial practices, essential for nonprofit operations.
Key strengths of Design Impact include an entirely independent board with 100% of its members free from conflicts of interest, demonstrating a commitment to governance. Additionally, the organization maintains a high program expense ratio of 70.84%, indicating that a significant portion of its budget goes directly towards its programs rather than administrative costs. The presence of comprehensive policies regarding conflict of interest, whistleblower protection, and document retention further underscores its dedication to accountability.
Despite its strengths, potential donors may want to consider the overall financial landscape of Design Impact, specifically noting that while the liabilities to assets ratio stands at a manageable 29.50%, careful evaluation of its financial sustainability over time is advisable. Overall, the organization's adherence to good governance practices positions it well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Design Impact legitimate?
Design Impact is a legitimate nonprofit organization registered as a 501(c)(3) entity. Design Impact 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: $380,337
Professional Fundraising Fees: $0
Other Salaries and Wages: $584,638
For more financial information, click here
Official website here: www.d-impact.org
What is the mission statement of Design Impact?
Design Impact, as a non-profit social innovation firm, aims to empower communities, organizations, and systems to innovate and tackle complex social challenges through a creative and inclusive lens. They achieve this by collaborating with various stakeholders and amplifying unheard voices, particularly those directly affected by poverty, in the design of their own solutions. To date, Design Impact has worked on over 400 social design projects across multiple sectors, engaging over 20,000 non-profit leaders, community members, and creatives. One of their initiatives, the Madisonville Community Studio Project, focuses on understanding the connection between race and neighborhood development by listening to the voices of residents and business owners most impacted by these changes.
Official website here: www.d-impact.org
Who is the CEO of Design Impact?
Teresa Gonzalez is the Director of Design Impact.
Official website here: www.d-impact.org
What is the revenue of Design Impact?
Design Impact's revenue in 2023 was $1,423,787.
Official website here: www.d-impact.org
Who are the executives of Design Impact and what are their salaries?
The average compensation at Design Impact during 2023 was $80,415. There are 12 employees and 50 volunteers at Design Impact.
Here are 11 key members and their salaries:
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- Compensation: $114,771
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- Other: $6,553
Official website here: www.d-impact.org
Where can I find the form 990 for Design Impact?
Design Impact's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.d-impact.org
Learn more at the official website: www.d-impact.org
Mission Statement of Design Impact
Design Impact, as a non-profit social innovation firm, empowers communities, organizations, and systems to innovate and tackle complex social challenges using a creative and inclusive approach. Their mission is to amplify and empower unheard voices, particularly those directly affected by poverty, in the design of their own solutions. By doing so, Design Impact aims to foster social change and empower their partners to innovate and solve seemingly unsolvable problems. Their work has engaged over 20,000 non-profit leaders, community members, and creatives in over 400 social design projects across various sectors, including community health, early education, community development, and food access. Their approach combines creativity, equity, and leadership practices to make a positive impact in communities.
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Impact
October, 2024
Design Impact addresses complex social challenges by fostering creativity and equity in community-driven solutions. Through collaboration with individuals, organizations, and funders, it amplifies the voices of those most affected by social issues, particularly those experiencing poverty. By engaging over 20,000 community members and leaders across more than 400 social design projects, Design Impact has made substantial contributions in areas such as community health, early education, community development, and food access.
One pertinent example is the Madisonville Community Studio Project, which investigates the intersection of race and neighborhood development. By prioritizing input from local residents, this initiative seeks to illuminate the concerns and aspirations of those directly impacted by development processes, ensuring that their perspectives shape the project's direction.
Ultimately, Design Impact serves as a catalyst for social change, empowering communities to innovate and transform their environments by tackling challenges through inclusive and creative methodologies.
This information is meant to be a general summary of Design Impact. 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 2023.
- Gross Receipts: $1,423,787
Assets and Liabilities:
- Total Assets: $1,051,988
- Total Liabilities: $310,434
- Net Assets: $741,554
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Organization Details
Founding Year
2009
Phone
(513) 206-9138Principal Officer
Teresa Gonzalez
Main Address
3874 PAXTON AVE 9865, CINCINNATI, OH, 45209
Website
www.d-impact.orgNTEE Category
Code: P20 - Human services
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