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Impact Experience Institute

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

EIN: 822424613 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Impact Experience Institute?

The Impact Experience Institute is a nonprofit organization situated in Oakland, California. With a team of five individuals, its mission is to foster connections between funders, artists, entrepreneurs, and marginalized communities, particularly in sectors such as climate, healthcare, finance, and education. The institute serves as a bridge-builder, aiming to promote bias reduction and racial justice. Furthermore, it spearheads the Business Climate Finance Initiative, collaborating with companies to decarbonize their financial supply chains through a JEDI (Justice, Equity, Diversity, and Inclusion) lens.


Official website here: www. impact-experience.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Stars)

The Impact Experience Institute has received a Three-Star rating from Charity Navigator, reflecting a solid score of 87% based on its Accountability and Finance metrics. This rating indicates a good level of transparency and responsible financial management, particularly highlighted by the organization's perfect scores in areas such as the material diversion of assets and the financial statements oversight committee.

Strengths of the organization include the presence of a fully independent board and strong performance in managing liabilities relative to assets and program expenses. Additionally, it has established various policies, including a conflict of interest policy and a whistleblower policy, although the latter's score indicates room for improvement in implementation or documentation.

However, the organization struggles with fundraising efficiency, earning a score of zero in this category, which may raise concerns about its ability to sustain fundraising efforts effectively. Other areas for improvement include document retention practices and a whistleblower policy, which could enhance overall governance and accountability.


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

Is Impact Experience Institute legitimate?

Impact Experience Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Experience Institute 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: $300,635
Professional Fundraising Fees: $0
Other Salaries and Wages: $87,813

For more financial information, click here


Official website here: www. impact-experience.com

What is the mission statement of Impact Experience Institute?

The Impact Experience Institute's mission is centered around fostering connections between funders, artists, entrepreneurs, and marginalized communities. They actively spearhead the Business Climate Finance Initiative, collaborating with companies to decarbonize their financial supply chains with a justice, equity, diversity, and inclusion (JEDI) lens. The Institute engages organizations and individuals in critical discussions surrounding bias reduction and racial justice, focusing on climate, healthcare, finance, and education, among other relevant topics.


Official website here: www. impact-experience.com

Who is the CEO of Impact Experience Institute?

Jenna Nicholas is the Director & Chief Executive Officer of Impact Experience Institute. The CEO's salary of Impact Experience Institute is $128,502 and their total compensation is $128,502.


Official website here: www. impact-experience.com

What is the revenue of Impact Experience Institute?

Impact Experience Institute's revenue in 2022 was $2,754,546.


Official website here: www. impact-experience.com

Who are the executives of Impact Experience Institute and what are their salaries?

The average compensation at Impact Experience Institute during 2022 was $77,690. There are 5 employees and 3 volunteers at Impact Experience Institute.


Here are 6 key members and their salaries (Impact Experience Institute's CEO's salary is $128,502 and their total compensation is $128,502):


Jenna Nicholas (Director & Chief Executive Officer)
  • Compensation: $128,502
  • Related: $0
  • Other: $0
Amanda Greco (Director)
  • Compensation: $1,950
  • Related: $0
  • Other: $0
Jennifer Henderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Radhika Shah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Silby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olabayo Allen-Taylor (Chief Operating Officer)
  • Compensation: $170,183
  • Related: $0
  • Other: $0


Official website here: www. impact-experience.com

Where can I find the form 990 for Impact Experience Institute?

Impact Experience Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www. impact-experience.com

Learn more at the official website: www. impact-experience.com

Mission Statement of Impact Experience Institute

Impact Experience Institute, a renowned organization, is dedicated to establishing connections between funders, artists, entrepreneurs, and marginalized communities. Its mission is multifaceted, encompassing the spearheading of a Business Climate Finance Initiative. This initiative involves collaborating with companies to decarbonize their financial supply chains, employing a JEDI (Justice, Equity, Diversity, and Inclusion) lens.

Beyond this, Impact Experience Institute engages with various organizations and individuals to address crucial issues related to bias reduction and racial justice. These topics are particularly significant in the realms of climate, healthcare, finance, and education. By doing so, the Institute aims to foster an inclusive and equitable environment, promoting social change and empowerment within these sectors.

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Impact




July, 2024

Impact Experience Institute's impact includes building bridges between funders, artists, entrepreneurs, and marginalized communities to address key issues of bias reduction and racial justice in areas such as climate, healthcare, finance, and education. They work with organizations and individuals to engage around these important topics, particularly focusing on decarbonizing corporate financial supply chains with a Jedi lens. Their efforts contribute to community improvement and advocate for social equity and justice.




This information is meant to be a general summary of Impact Experience Institute. 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
$2,754,546 (2022)
Expenses
$890,337 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,738
  • Program Service Revenue: $120,124
  • Gross Receipts: $2,754,546

Assets and Liabilities:

  • Total Assets: $2,684,579
  • Total Liabilities: $24,182
  • Net Assets: $2,660,397

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Programs

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

PROGRAM SERVICE INCOME

Revenue

$120,124

Organization Details

Founding Year

2017

Principal Officer

Jenna Nicholas

Main Address

2323 BROADWAY 1703, OAKLAND, CA, 94612

NTEE Category

Code: S05 - Community improvement

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