Overview
What is Impact Initiatives Inc?
Impact Initiatives Inc is a nonprofit organization situated in Saint Petersburg, Florida. Their primary focus is to aid and support religious missionaries as they carry out their missions globally. The organization's mission is to create social impact and improve lives in problematic areas. By doing so, they aim to contribute positively to various communities around the world. Their activities and missions are geared towards making a difference and bringing about meaningful change in the lives of those they assist.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Impact Initiatives Inc has received a Three-Star rating from Charity Navigator, reflecting a solid accountability and finance score of 76%. This rating is based entirely on a single beacon score, indicating that the charity operates with a strong focus on its financial management and accountability practices. The assessment highlights that the organization has a fully independent board, with 100% of its members being independent, which suggests a commitment to governance and oversight.
The organization demonstrates a commendable program expense ratio of 98.76%, indicating that a significant portion of its expenses go directly towards its programs. Additionally, the charity has no material diversion of assets, which reflects good financial health and transparency. However, areas for improvement include missing policies regarding conflict of interest and whistleblower protection, which could enhance the organization's overall governance framework.
Overall, while Impact Initiatives Inc shows strengths in financial accountability and program expenses, addressing the gaps in governance policies could bolster its rating further and increase stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Impact Initiatives Inc legitimate?
Impact Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Initiatives 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
What is the mission statement of Impact Initiatives Inc?
Impact Initiatives Inc is dedicated to making a positive impact in challenging societal areas. Their mission, as stated, is to enhance lives and foster social change in these problematic domains. In pursuit of this objective, they provide support to religious missionaries engaged in global missions. By doing so, they contribute to various communities around the world. Their primary focus is on improving lives and promoting social change, wherever needed.
Who is the CEO of Impact Initiatives Inc?
Roberto Chaves is the President of Impact Initiatives Inc.
What is the revenue of Impact Initiatives Inc?
Impact Initiatives Inc's revenue in 2022 was $26,327.
Who are the executives of Impact Initiatives Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Impact Initiatives Inc?
Impact Initiatives Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Impact Initiatives Inc
Impact Initiatives Inc, a nonprofit organization, is committed to making a positive impact in challenging societal domains. Their mission is centered around enhancing lives and fostering social change in these problem areas. The organization's primary objective is to support religious missionaries as they embark on their global missions. By providing them with necessary resources and assistance, Impact Initiatives Inc aims to amplify the reach and effectiveness of these missionaries, ultimately contributing to a more impactful and far-reaching influence in various parts of the world.
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Impact
August, 2024
Impact Initiatives Inc is dedicated to improving lives and creating social impact in problem areas around the world. Through supporting religious missionaries on worldwide missions, the organization works tirelessly to address pressing social issues and positively impact communities in need. Operating out of Saint Petersburg, Florida, Impact Initiatives Inc is focused on making a difference on an international scale, embodying their mission to improve lives and drive meaningful social change.
This information is meant to be a general summary of Impact Initiatives 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.
- Investment Income: $26,147
- Gross Receipts: $26,327
Assets and Liabilities:
- Total Assets: $951,047
- Total Liabilities: $1,427
- Net Assets: $949,620
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Organization Details
Founding Year
2002
Phone
(866) 672-5437Principal Officer
Roberto Chaves
Main Address
7901 4TH ST N STE 300, SAINT PETERSBURG, FL, 33702
NTEE Category
Code: Q33 - International
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