Overview
What is Policy Impact?
Policy Impact is a nonprofit organization situated in Berkeley, California, with an address at 127 University Avenue. Their primary mission is to serve as a fiscal sponsor for charitable donations and philanthropic disbursements from individuals, foundations, and other entities. They also offer technical assistance to youth-serving and nonprofit organizations, and coordinate education and policy efforts. Currently, they are leading an education campaign to advocate for the extension of operations at the Diablo Canyon Nuclear Power Plant in California. Policy Impact plays a crucial role in supporting various charitable causes and aiding nonprofit organizations in their operations.
Official website here: www.policy-impact.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Policy Impact has received a solid Three-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The charity showcases a high level of transparency with 100% independent board members and thorough oversight of its financial statements, which points to a commitment to responsible governance. The organization has effectively managed its resources, as evidenced by a remarkably high program expense ratio of 95.50%, indicating that a large portion of its funds is directed towards its mission-driven programs.
The financial metrics further reinforce Policy Impact's stability, with a low liabilities to assets ratio and no reported material diversions of assets. Their fundraising efficiency is commendable, as evidenced by a $0.00 cost per dollar raised, suggesting that they manage to garner support without incurring excessive expenses. Additionally, the organization has mechanisms in place for documenting board meetings and sharing tax information, ensuring transparency and accountability.
Despite these strengths, the organization has a working capital ratio of 0.85 years, which may indicate potential liquidity concerns in meeting short-term obligations. Moving forward, it will be essential for Policy Impact to monitor this aspect closely to maintain its financial resilience. Overall, the charity demonstrates effective practices and a dedication to its mission, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Policy Impact legitimate?
Policy Impact is a legitimate nonprofit organization registered as a 501(c)(3) entity. Policy 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: $6,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.policy-impact.org
What is the mission statement of Policy Impact?
Policy Impact's mission is to act as a fiscal sponsor for charitable donations and philanthropic disbursements from individuals, foundations, and other entities. The organization provides technical assistance to youth-serving and nonprofit organizations, as well as coordinating education and policy efforts. In essence, Policy Impact aims to facilitate charitable giving and offer support to various organizations, leveraging its resources to enhance their operations and impact. Additionally, the organization led an education campaign to raise awareness about the necessity of extending operations at the Diablo Canyon Nuclear Power Plant.
Official website here: www.policy-impact.org
Who is the CEO of Policy Impact?
Kari Saratovsky is the President of Policy Impact.
Official website here: www.policy-impact.org
What is the revenue of Policy Impact?
Policy Impact's revenue in 2022 was $4,582,631.
Official website here: www.policy-impact.org
Who are the executives of Policy Impact and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
Official website here: www.policy-impact.org
Where can I find the form 990 for Policy Impact?
Policy Impact's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.policy-impact.org
Learn more at the official website: www.policy-impact.org
Mission Statement of Policy Impact
Policy Impact, as an organization, is dedicated to serving as a fiscal sponsor for charitable donations and philanthropic disbursements from individuals, foundations, and other entities. Its primary mission is to provide technical assistance to youth-serving and nonprofit organizations, aiding them in their operations and development. Additionally, Policy Impact plays a crucial role in coordinating education and policy efforts, contributing to the broader community and advocating for various causes.
In essence, Policy Impact acts as a bridge between donors and nonprofit organizations, ensuring that charitable funds are allocated efficiently and effectively. By providing technical assistance, the organization helps these organizations to operate more smoothly and effectively, ultimately benefiting the communities they serve. Furthermore, Policy Impact's role in coordinating education and policy efforts contributes to a broader social impact, ensuring that various causes receive the attention and support they need.
In summary, Policy Impact is a vital organization that plays a significant role in the nonprofit sector. By serving as a fiscal sponsor, providing technical assistance, and coordinating education and policy efforts, it helps to ensure that charitable donations are used effectively, that nonprofit organizations can operate successfully, and that various causes receive the attention and support they need.
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Impact
October, 2024
Policy Impact plays a vital role in shaping educational and philanthropic initiatives. It serves as a fiscal sponsor, facilitating charitable donations and supporting philanthropic disbursements from individuals, foundations, and other entities. This approach ensures that resources are effectively allocated to youth-serving organizations and various other initiatives that benefit the community.
One of its notable contributions is leading an educational campaign aimed at raising awareness among Californians about the importance of extending operations at the Diablo Canyon Nuclear Power Plant. This effort not only informs the public on critical issues surrounding energy production but also fosters community engagement and participation in policy discussions.
By combining fiscal sponsorship, technical assistance, and coordinated educational efforts, Policy Impact enhances the effectiveness of various initiatives, ultimately driving positive change and supporting the development of informed, engaged communities.
This information is meant to be a general summary of Policy 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 2022.
- Investment Income: $35
- Gross Receipts: $4,582,631
Assets and Liabilities:
- Total Assets: $1,914,503
- Total Liabilities: $303,667
- Net Assets: $1,610,836
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Organization Details
Founding Year
2009
Phone
(510) 841-4123Principal Officer
Kari Saratovsky
Main Address
127 UNIVERSITY AVE, BERKELEY, CA, 94710
Website
www.policy-impact.orgNTEE Category
Code: B99 - Education
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