Overview
What is The Impact Movement Inc?
The Impact Movement Inc is a nonprofit organization based in Atlanta, Georgia, with a focus on promoting Christian faith and leadership development among students of African descent. With approximately 829 students involved nationwide, they have an impact ministry presence on 60 campuses, with 27 of these officially certified as Impact Ministry Chapters. These certified chapters demonstrate a commitment to evangelism and biblical discipleship. Campus coaches visit 40 campuses annually and communicate with 45 student leaders weekly to provide spiritual and leadership training, aiming to spread the Gospel of Jesus Christ on their respective campuses. With a workforce of 14 individuals, The Impact Movement Inc strives to equip black students to become disciples of Jesus Christ.
Official website here: www.impactmovement.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating, Overall Score: 66%
The Impact Movement Inc has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement within its operations. The overall score of 66% reflects a decent performance in certain accountability and finance metrics, particularly high scores in board independence and governance policies, with a 91% independent board and comprehensive conflict of interest and whistleblower policies in place.
However, significant limitations are evident, particularly regarding financial transparency. The organization lacks published financial statements, which has resulted in a score of 0 out of 15 points in that category. Furthermore, the organization has a concerning liabilities-to-assets ratio of over 200%, suggesting potential financial instability, despite maintaining a strong program expense ratio of 70.63%, indicating that most funds are directed toward its programs rather than administrative costs.
Overall, while The Impact Movement Inc demonstrates strengths in governance and program spending, the lack of financial documentation and high liabilities raises questions about its financial health and transparency, underscoring the need for improvements in these areas.
This AI summary has been generated from information found on Charity Navigator.
Is The Impact Movement Inc legitimate?
The Impact Movement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Impact Movement 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: $113,733
Professional Fundraising Fees: $0
Other Salaries and Wages: $684,151
For more financial information, click here
Official website here: www.impactmovement.org
What is the mission statement of The Impact Movement Inc?
The Impact Movement Inc's mission is centered around equipping Black students to become disciples of Jesus Christ. This is achieved through promoting Christian faith and leadership development among students of African descent. This is primarily carried out through evangelism and discipleship on college campuses. Approximately 829 students are involved in Impact Ministry nationwide, with a presence on 60 campuses, and 27 of these campuses being officially recognized as Impact Ministry chapters, committed to evangelism and biblical discipleship. Campus coaches visit 40 campuses annually and provide spiritual and leadership training to student leaders via telephone, with regular weekly communication, to help these students spread the gospel of Jesus Christ on their respective campuses.
Official website here: www.impactmovement.org
Who is the CEO of The Impact Movement Inc?
James Mcgee Iii is the CEO of The Impact Movement Inc The CEO's salary of The Impact Movement Inc is $85,360 and their total compensation is $85,764.
Official website here: www.impactmovement.org
What is the revenue of The Impact Movement Inc?
The Impact Movement Inc's revenue in 2023 was $1,347,018.
Official website here: www.impactmovement.org
Who are the executives of The Impact Movement Inc and what are their salaries?
The average compensation at The Impact Movement Inc during 2023 was $56,992. There are 14 employees and 11 volunteers at The Impact Movement Inc.
Here are 13 key members and their salaries (The Impact Movement Inc's CEO's salary is $85,360 and their total compensation is $85,764):
- Compensation: $85,360
- Related: $0
- Other: $404
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- Compensation: $28,200
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- Other: $0
Official website here: www.impactmovement.org
Where can I find the form 990 for The Impact Movement Inc?
The Impact Movement Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.impactmovement.org
Learn more at the official website: www.impactmovement.org
Mission Statement of The Impact Movement Inc
The Impact Movement Inc, an organization dedicated to Christian faith and leadership development, aims to equip Black students with the tools needed to become disciples of Jesus Christ. Their mission is multifaceted, focusing on evangelism and discipleship on college campuses. With approximately 829 students involved nationwide, this nonprofit has a presence on 60 campuses, with 27 of these officially recognized as Impact Ministry chapters. The certified chapters are committed to both evangelism and biblical discipleship. Campus coaches visit 40 of these campuses annually and maintain regular communication with 45 student leaders via telephone, providing spiritual and leadership training. The ultimate goal is to empower these students to share the gospel of Jesus Christ on their respective campuses.
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Impact
July, 2024
The Impact Movement Inc equips Black students to become disciples of Jesus Christ by promoting Christian faith and leadership development on college campuses. With a nationwide presence on 60 campuses and 27 certified chapters dedicated to evangelism and biblical discipleship, approximately 829 students are involved in Impact ministry. Campus coaches provide spiritual and leadership training to student leaders to reach their respective campuses with the gospel of Jesus Christ.
This information is meant to be a general summary of The Impact Movement 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 2023.
- Program Service Revenue: $151,659
- Gross Receipts: $1,357,794
Assets and Liabilities:
- Total Assets: $474,978
- Total Liabilities: $463,580
- Net Assets: $11,398
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES & EVENTS
Revenue
$151,659
Organization Details
Founding Year
2002
Principal Officer
James Mcgee Iii
Website
www.impactmovement.orgNTEE Category
Code: X20 - Religion related
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