Overview
What is Impact Network Inc?
Impact Network Inc, located in Detroit, Michigan, is a nonprofit organization with a focus on telecommunications. As a 100% Christian-managed entity, it distributes television content to cable networks and television stations. The organization's primary activities involve providing quality programming and program services, which encompass general network operational expenses, fiber access costs, production expenses, and broadcasting expenses. Impact Network Inc is staffed by 14 employees, committed to fulfilling its charitable objectives through their telecommunications network.
Official website here: www.watchimpact.com
What are the reviews and ratings of this charity?
**Charity Navigator Rating: Needs Improvement (Two Stars)**
Impact Network Inc has received a Two-Star out of Four Star rating from Charity Navigator, with a score of 62%, primarily reflecting their accountability and financial management. While the organization has a fully independent board, concerns arise from their financial assessments, particularly in the financial statements area where they received no points. This indicates gaps in transparency regarding their fiscal operations.
The organization's strengths lie in maintaining low fundraising costs and a high program expense ratio, suggesting efficient allocation of resources towards mission-driven activities. However, there are noted limitations in their financial health, particularly regarding a concerning liabilities to assets ratio and a zero working capital ratio, which could impact their operational sustainability.
Additionally, the charity's overall impact, adaptability, and community engagement measures remain unassessed, limiting potential insight into their effectiveness and growth. User reviews from GreatNonprofits were not available for further feedback on the organization's community perception.
This AI summary has been generated from information found on Charity Navigator.
Is Impact Network Inc legitimate?
Impact Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Network 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: $0
For more financial information, click here
Official website here: www.watchimpact.com
What is the mission statement of Impact Network Inc?
Impact Network Inc., as a 100% Christian-managed telecommunications network, is dedicated to distributing television content with a central operation that provides programming to cable television, television stations, and other platforms. The organization's mission is to fulfill its charitable objectives by offering high-quality programming and program services. These services encompass various expenses, including operational costs, fiber access expenses, production costs, and broadcasting expenses. The primary goal of Impact Network Inc. is to disseminate faith-based content through its telecommunications network.
Official website here: www.watchimpact.com
Who is the CEO of Impact Network Inc?
Wayne T Jackson is the President/Executive Director of Impact Network Inc.
Official website here: www.watchimpact.com
What is the revenue of Impact Network Inc?
Impact Network Inc's revenue in 2022 was $7,419,746.
Official website here: www.watchimpact.com
Who are the executives of Impact Network Inc and what are their salaries?
There are 14 employees and 50 volunteers at Impact Network Inc.
Here are 9 key members and their salaries:
- Compensation: $389,200
- Related: $0
- Other: $0
- Compensation: $55,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.watchimpact.com
Where can I find the form 990 for Impact Network Inc?
Impact Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.watchimpact.com
Learn more at the official website: www.watchimpact.com
Mission Statement of Impact Network Inc
Impact Network Inc, a 100% Christian-managed telecommunications organization, is dedicated to distributing television content. Its central operation provides programming to various television and cable platforms. The mission of Impact Network Inc is to fulfill its charitable objectives through the provision of high-quality programming and associated services. These services encompass general network operational expenses, fiber access costs, production expenses, and broadcasting expenditures. The organization's goal is to positively impact its audience through faith-based programming, leveraging its telecommunications network to spread its message.
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Impact
October, 2024
Impact Network Inc significantly contributes to the community by providing high-quality television programming with a strong Christian focus. Its operations center around the distribution of content that aligns with Christian values, serving audiences through cable television and other platforms. By fulfilling its charitable objectives, Impact Network invests in program services that include operational expenses, fiber access, production, and broadcasting. This commitment not only enhances the availability of faith-based content but also supports the spiritual growth and engagement of its viewers. Consequently, Impact Network Inc plays a vital role in fostering a sense of community and shared beliefs among its audience in Detroit, MI, and beyond.
This information is meant to be a general summary of Impact Network 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.
- Gross Receipts: $7,419,746
Assets and Liabilities:
- Total Assets: $5,895,178
- Total Liabilities: $5,895,178
- Net Assets: $0
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Organization Details
Founding Year
2010
Phone
(313) 220-5915Principal Officer
Wayne T Jackson
Main Address
15738 Grand River, Detroit, MI, 48227
Website
www.watchimpact.comNTEE Category
Code: X82 - Religion related
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