Overview
What is Impact Living Services?
Impact Living Services (ILS) is a nonprofit organization based in Forest, Virginia. With a team of 135 dedicated individuals, ILS offers a wide range of services to the Central Virginia community. As a licensed child placing agency, ILS specializes in providing transitional living services for youth in foster care, aiming to foster independence and help each individual reach their full potential in various aspects of life, including socially, academically, vocationally, and relationally. Beyond this, ILS also extends its support to families through counseling services, aiming to prevent children from entering the foster care system.
What are the reviews and ratings of this charity?
**Rating: Needs Improvement (67%, Two-Star out of Four Star rating)**
Impact Living Services has received a rating of "Needs Improvement" from Charity Navigator, primarily due to significant gaps in accountability and financial transparency. While the organization has a strong board structure with the majority of independent members, it lacks essential financial documentation and policies, leading to a low score in critical areas such as conflict of interest and document retention policies.
Despite these shortcomings, the organization demonstrates a healthy program expense ratio of 89.47%, indicating that a substantial majority of its resources are allocated towards its programs. However, the absence of audited financial statements and key policies raises concerns regarding its overall operational governance.
Currently, there are no user reviews available from GreatNonprofits, limiting insights from the public regarding their experiences with the nonprofit. Therefore, potential donors and stakeholders should consider these factors when evaluating the organization’s effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Impact Living Services legitimate?
Impact Living Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Living Services 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: $325,448
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,196,729
For more financial information, click here
What is the mission statement of Impact Living Services?
Impact Living Services, a non-profit organization, offers unique and varied services to the community. As a licensed child placing agency, its primary focus is on providing transitional living services to youth in foster care, promoting interdependence with the aim of helping each individual reach their full potential socially, academically, vocationally, and relationally. Additionally, Impact Living Services provides family services and counseling to prevent children from entering the foster care system.
Who is the CEO of Impact Living Services?
Paul Tesi is the President of Impact Living Services.
What is the revenue of Impact Living Services?
Impact Living Services's revenue in 2022 was $9,334,260.
Who are the executives of Impact Living Services and what are their salaries?
The average compensation at Impact Living Services during 2022 was $26,090. There are 135 employees at Impact Living Services.
Here are 4 key members and their salaries:
- Compensation: $325,448
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Impact Living Services?
Impact Living Services's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Impact Living Services
Impact Living Services (ILS) is a non-profit organization that offers diverse services to the community in Virginia. As a licensed child placing agency, ILS specializes in providing transitional living services, focusing on assisting youth in foster care. Their mission is to promote interdependence, enabling each youth to reach their full potential socially, academically, vocationally, and relationally. Beyond aiding foster care youth, ILS also provides family services and counseling, aiming to prevent children from entering the foster care system in the first place. In essence, Impact Living Services strives to empower and support vulnerable youth, enabling them to lead fulfilling, independent lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Impact Living Services has a significant impact on the Virginia community by providing transitional living services to youth in foster care. This organization focuses on promoting interdependence among youth, helping them to reach their individual potential socially, academically, vocationally, and relationally. Additionally, Impact Living Services offers family services and counseling to prevent children from entering the foster care system. Through their efforts, Impact Living Services positively influences the lives of youth and families in Central Virginia.
This information is meant to be a general summary of Impact Living Services. 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: $8,225,891
- Gross Receipts: $9,334,260
Assets and Liabilities:
- Total Assets: $5,802,077
- Total Liabilities: $2,549,504
- Net Assets: $3,252,573
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLACEMENT & COUNSELING
Revenue
$8,225,891
Organization Details
Founding Year
2012
Principal Officer
Paul Tesi
Main Address
PO BOX 545, FOREST, VA, 24551
NTEE Category
Code: O50 - Youth development
If you are a representative of Impact Living Services and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.