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Impact46 Inc

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

EIN: 813592697 ✦ Lawrenceville, GA ✦ Designated as a 501(c)(3)

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Overview

What is Impact46 Inc?

Impact46 Inc is a nonprofit organization situated in Lawrenceville, Georgia, with a dedicated team of 11 individuals. Their mission is to help families living in extended stays transition to permanent housing. They achieve this by offering relocation stipends, financial assistance, intensive case management, and community resources designed to eliminate barriers, such as financial literacy and job opportunities. Impact46 Inc also launched the Summer of Impact initiative, aiming to decrease the opportunity gap for local students and expand their professional networks. The program provided enrichment opportunities and community engagement for children and students through leadership development. Impact46 Inc is committed to building strong community partnerships to foster impactful change in Lawrenceville.


Official website here: www.impact46.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95%, Four-Star out of Four Stars

Impact46 Inc has achieved a remarkable 95% rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With a 96 in Accountability & Finance and a 90 in Culture & Community, the organization demonstrates exceptional governance and transparency. The charity has scored 100% in both feedback collection and usage, showcasing its dedication to stakeholder engagement and responsive practices.

The organization benefits from a completely independent board of directors, consisting of 100% independent members. This structure contributes to robust oversight and ethical practices, as evidenced by their perfect scores in key governance areas such as conflict of interest policies and financial audits. Additionally, with a program expense ratio of 90.02%, it indicates that a significant majority of their expenses go directly to their programs, underscoring their focus on mission-driven work.

While the ratings reflect a strong operational foundation, potential donors and supporters should always consider their personal alignment with the organization’s mission and strategies. Overall, Impact46 Inc represents a well-managed nonprofit, dedicated to effective resource utilization and community impact.


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

Is Impact46 Inc legitimate?

Impact46 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact46 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: $161,853
Professional Fundraising Fees: $22,770
Other Salaries and Wages: $297,998

For more financial information, click here


Official website here: www.impact46.org/

What is the mission statement of Impact46 Inc?

Impact46 Inc's mission is centered around building partnerships with a purpose, aiming to impact communities. They focus on assisting families in extended stays, guiding them towards permanent housing by eliminating barriers and providing community support. This assistance includes financial aid, intensive case management, and access to resources such as financial literacy and employment opportunities. Impact46 Inc also organizes the Summer of Impact, which strategically places internships to reduce opportunity gaps, expand networks, and provide enrichment opportunities for children and students. The organization believes in learning from others and embracing new neighbors, fostering relationships and networks to utilize assets in addressing community issues.


Official website here: www.impact46.org/

Who is the CEO of Impact46 Inc?

Jennifer Young is the Board Chair of Impact46 Inc.


Official website here: www.impact46.org/

What is the revenue of Impact46 Inc?

Impact46 Inc's revenue in 2022 was $1,226,674.


Official website here: www.impact46.org/

Who are the executives of Impact46 Inc and what are their salaries?

The average compensation at Impact46 Inc during 2022 was $41,805. There are 11 employees and 120 volunteers at Impact46 Inc.


Here are 8 key members and their salaries:


Eva Retana (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Walls (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chari Chin-Young Caston (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Boyt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Adam Hilderbrandt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alisha Jordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Young (Executive Director)
  • Compensation: $161,853
  • Related: $0
  • Other: $0


Official website here: www.impact46.org/

Where can I find the form 990 for Impact46 Inc?

Impact46 Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.impact46.org/

Learn more at the official website: www.impact46.org/

Mission Statement of Impact46 Inc

Impact46 Inc, an organization with a purpose-driven mission, aims to build partnerships that contribute to community impact. Their primary goal is to assist families living in extended stays and guide them towards permanent housing. This is achieved through various means, such as providing relocation stipends and financial assistance, offering intensive case management, and connecting families with community resources to eliminate potential barriers. Impact46 Inc also runs a program called Summer of Impact, which aims to transform communities by offering strategic internships, decreasing opportunity gaps, expanding networks, and providing enrichment opportunities for children and students. The organization is committed to fostering relationships and networks in the hope of utilizing assets to solve issues within the community.

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Impact




July, 2024

Impact46 Inc is making a significant impact by partnering with cities to assist families living in extended stays with the pathway to permanent housing through barrier elimination and community support. They provide relocation stipends and moving financial assistance, intensive case management, relocation navigators, and community resources to eliminate barriers such as financial literacy and employment opportunities. Additionally, Impact46 Inc's Summer of Impact program has transformed Lawrenceville by decreasing the opportunity gap for students in the 30046 zip code, expanding social, personal, and professional networks for the next generation workforce, creating enrichment opportunities for children and students through leadership development and community engagement, and engaging the community sectors by employing rising juniors and seniors from Central Gwinnett High School. By embracing its changing culture, Impact46 Inc is fostering community listening conversations to build relationships and networks that aim to use assets to solve issues facing Lawrenceville.




This information is meant to be a general summary of Impact46 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.

Revenue
$1,226,674 (2022)
Expenses
$934,337 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $904,134
  • Gross Receipts: $1,226,674

Assets and Liabilities:

  • Total Assets: $831,585
  • Total Liabilities: $0
  • Net Assets: $831,585

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOCATION SERVICES

Revenue

$904,134

Organization Details

Founding Year

2017

Principal Officer

Jennifer Young

Main Address

PO BOX 228, LAWRENCEVILLE, GA, 30046

NTEE Category

Code: X20 - Religion related

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