Overview
What is Realize Impact?
Realize Impact is a Bainbridge Island, Washington-based nonprofit organization with a mission to support early-stage socially, environmentally, health, and community-conscious enterprises that struggle to secure financing through conventional means. Their goal is to alleviate poverty, generate employment opportunities, enhance community health, and promote environmental sustainability. Realize Impact achieves this by providing financial assistance, mentorship, and additional resources to these businesses. With a team of two dedicated individuals, they contribute to creating positive social change and economic growth.
Official website here: www.realizeimpact.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 82% (Three-Star out of Four Star rating)
Realize Impact has received a commendable Three-Star rating from Charity Navigator, indicating a solid performance in both accountability and finance. With an overall score of 82%, the organization demonstrates strong financial health, highlighted by a program expense ratio of 98.85% and a working capital ratio of 10.03 years, showcasing its efficiency in directing resources towards its mission.
The nonprofit excels in governance practices, boasting 100% independent board members and comprehensive policies related to conflicts of interest, whistleblowing, and document retention. This commitment to transparency and ethical management is reflected in its perfect scores for various governance-related metrics, suggesting a robust framework for decision-making and oversight.
Despite its strengths, the organization's rating, while positive, leaves room for growth in certain areas. Users may seek further insights into the impact of its programs or community engagement efforts beyond the financial metrics provided. However, the current data reflects a stable organization committed to its mission and accountable practices.
This AI summary has been generated from information found on Charity Navigator.
Is Realize Impact legitimate?
Realize Impact is a legitimate nonprofit organization registered as a 501(c)(3) entity. Realize 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: $76,987
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.realizeimpact.org
What is the mission statement of Realize Impact?
Realize Impact is a charitable organization committed to supporting early-stage enterprises that focus on social, environmental, health, and community issues. Unable to secure financing from conventional sources, these enterprises receive financial assistance, mentorship, and other resources from Realize Impact. The organization's mission is rooted in alleviating poverty, generating employment opportunities, enhancing community health, and promoting environmental sustainability. By extending a helping hand to these enterprises, Realize Impact contributes to building a more equitable and prosperous society.
Official website here: www.realizeimpact.org
Who is the CEO of Realize Impact?
Stephanie Gripne is the President of Realize Impact.
Official website here: www.realizeimpact.org
What is the revenue of Realize Impact?
Realize Impact's revenue in 2022 was $13,099,247.
Official website here: www.realizeimpact.org
Who are the executives of Realize Impact and what are their salaries?
The average compensation at Realize Impact during 2022 was $38,494. There are 2 employees and 5 volunteers at Realize Impact.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $30,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $46,987
- Related: $0
- Other: $0
Official website here: www.realizeimpact.org
Where can I find the form 990 for Realize Impact?
Realize Impact's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.realizeimpact.org
Learn more at the official website: www.realizeimpact.org
Mission Statement of Realize Impact
Realize Impact, a charitable organization, is dedicated to making a difference in communities by providing financial assistance, mentorship, and other essential support to emerging socially, environmentally, health, and community-focused enterprises. These enterprises often face challenges in securing funding from traditional sources. Realize Impact steps in to help alleviate poverty, create new jobs, enhance community health, and improve the environment. By offering a helping hand to these enterprises, Realize Impact empowers them to grow and thrive, ultimately contributing to the betterment of society as a whole.
In pursuit of its noble mission, Realize Impact operates under the umbrella of Section 501(c)3 of the Internal Revenue Code. It is organized and run exclusively for the purpose of providing vital resources to early-stage enterprises that have the potential to bring about significant positive change in their respective fields. The organization's unique approach to philanthropy aims to foster sustainable growth and long-term impact, as it recognizes that the seeds of progress can often be found in the innovative ideas of these young enterprises. By nurturing these organizations, Realize Impact plays a pivotal role in igniting a ripple effect of transformation within the communities they serve.
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Impact
October, 2024
Realize Impact delivers significant impact by providing critical financial support and mentorship to early-stage enterprises focused on social, environmental, health, and community benefits. By targeting businesses that struggle to secure conventional financing, Realize Impact fosters job creation, poverty alleviation, and community health improvements. This support not only empowers individual entrepreneurs but also contributes to the overall enhancement of local environments and social structures. Through its investments, Realize Impact enables a network of mission-driven organizations to thrive, ultimately leading to more resilient and healthier communities.
This information is meant to be a general summary of Realize 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: $40
- Program Service Revenue: $860,302
- Gross Receipts: $13,099,247
Assets and Liabilities:
- Total Assets: $18,263,663
- Total Liabilities: $1,474
- Net Assets: $18,262,189
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Portfolio Returns
Revenue
$601,397
Upfront Management & Partner Fees
Revenue
$91,159
Zombie Returns
Revenue
$75,643
Fiscal Sponsorship
Revenue
$60,578
Upfront Investment Fees
Revenue
$31,525
Organization Details
Founding Year
2013
Phone
(206) 842-1611Principal Officer
Stephanie Gripne
Main Address
271 Winslow Way E 11548, Bainbridge Island, WA, 98110
Website
www.realizeimpact.orgNTEE Category
Code: P20 - Human services
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