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Impactful Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 452562072 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Impactful Fund?

Impactful Fund is a nonprofit organization situated in Seattle, Washington. Their mission lies at the intersection of philanthropic donors seeking global change and creative storytellers with impactful narratives. They specialize in a mental wellness film-based program called the California Angst Statewide Building Resilience Program, which aims to support educators, students, and their families. To spread awareness and garner support, they conduct screenings and various events. The Impactful Fund is dedicated to uniting communities and fostering transformative change through their powerful storytelling.


Official website here: www.impactfulfund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star rating)

Impactful Fund demonstrates a strong performance in accountability and finance, achieving an 83% score in this area. The organization shows a solid commitment to transparency, as evidenced by its independent board of directors and the absence of material asset diversions. However, it falls short in certain governance practices, notably missing a whistleblower policy and a document retention and destruction policy, which impacted its overall governance score.

On the positive side, the organization excels in community engagement, receiving a 97% score in culture and community. It actively collects and utilizes feedback from stakeholders, indicating a strong focus on responsiveness and improvement. Moreover, with a program expense ratio of 99.52%, the majority of its expenditures are directed towards its programs, showcasing effective use of funds.

Despite its strengths, the lack of certain governance policies raises questions about the organization's practices in these areas. Overall, Impactful Fund is making significant strides in its mission and has a robust financial foundation, but addressing its governance gaps could further enhance its accountability and community trust.


This AI summary has been generated from information found on Charity Navigator.

Is Impactful Fund legitimate?

Impactful Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impactful Fund 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.impactfulfund.org

What is the mission statement of Impactful Fund?

The Impactful Fund serves as a bridge between donors aiming to inspire global change and creatives with compelling stories that have the potential to unite communities and bring about transformations. Their mission is primarily focused on sharing and supporting these impactful films through various screenings and events. Among their initiatives, they have launched the California Angst Statewide Building Resilience Program, a mental wellness film-based program designed for educators, students, and their families.


Official website here: www.impactfulfund.org

Who is the CEO of Impactful Fund?

Scilla Andreen is the President of Impactful Fund.


Official website here: www.impactfulfund.org

What is the revenue of Impactful Fund?

Impactful Fund's revenue in 2022 was $619,942.


Official website here: www.impactfulfund.org

Who are the executives of Impactful Fund and what are their salaries?

There 6 volunteers at Impactful Fund.


Here are 6 key members and their salaries:


Ali Mohsenian (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scilla Andreen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Wyman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Moga (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Bubrick (Advisory Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cora Bruener (Advisory Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.impactfulfund.org

Where can I find the form 990 for Impactful Fund?

Impactful Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.impactfulfund.org

Learn more at the official website: www.impactfulfund.org

Mission Statement of Impactful Fund

The Impactful Fund serves as a bridge between individuals who are motivated to drive global change and creators who possess compelling narratives that have the potential to unite communities and bring about transformations. By facilitating screenings and other events, the Impactful Fund provides a platform for these influential films to be shared and impactfully received.

One of the initiatives under the Impactful Fund's umbrella is the California Angst Statewide Building Resilience Program, which is a mental wellness film-based program specifically designed for educators, students, and their families. This program aims to empower and support individuals in fostering resilience, thereby promoting better mental health within communities.

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Impact




July, 2024

The Impactful Fund's impact lies in sharing and supporting powerful films through screenings and events, such as the California Angst Statewide Building Resilience Program. This program aims to foster mental wellness among educators, students, and families. By standing at the intersection between donors seeking global change and creatives with impactful stories, Impactful Fund works to unite and transform communities through the art of film.




This information is meant to be a general summary of Impactful Fund. 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.

Revenue
$619,942 (2022)
Expenses
$1,122,012 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $198,933
  • Gross Receipts: $619,942

Assets and Liabilities:

  • Total Assets: $475,901
  • Total Liabilities: $0
  • Net Assets: $475,901

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Organization Details

Founding Year

2011

Principal Officer

Scilla Andreen

Main Address

4111 EAST MADISON STREET Ste 310, SEATTLE, WA, 98112

NTEE Category

Code: A31 - Arts

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