Overview
What is Impact 100 Palm Beach County Inc?
Impact 100 Palm Beach County Inc is a nonprofit organization situated in Boca Raton, Florida. With a single employee, their mission is to empower and engage women in the community by collectively funding substantial grants to local nonprofits. These grants, totaling 100,000 USD each, support initiatives in various sectors such as arts and culture, education, environment, family, and health and wellness. In order to achieve this, the organization relies on in-kind donations and collective contributions from its members. The grants they provide contribute to high-impact projects in Southern Palm Beach County, thereby improving the overall community.
Official website here: www.impact100pbc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Impact 100 Palm Beach County Inc has received an 81% score, reflecting a solid Three-Star rating. This rating is primarily derived from their strong performance in Accountability and Finance, which is crucial for assessing the organization's reliability and transparency. The charity has demonstrated a commitment to maintaining an independent board, with 100% of its members being independent, which enhances the organization's governance.
The organization showcases a favorable financial structure with a low liabilities-to-assets ratio of 39.86%, indicating good fiscal health. Additionally, they allocate a significant portion of their budget to programs, with a program expense ratio of 89.49%. This suggests that a majority of their funds directly support their mission rather than administrative costs, which is a positive indicator for potential donors.
On the accountability side, Impact 100 has established comprehensive governance policies, including conflict of interest and whistleblower policies, all of which contribute to its strong rating. However, it’s important for potential supporters to consider that this rating is solely based on accountability and finance metrics, and may not reflect other aspects of the charity’s impact or outreach efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Impact 100 Palm Beach County Inc legitimate?
Impact 100 Palm Beach County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact 100 Palm Beach County 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:
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Other Salaries and Wages: $42,404
For more financial information, click here
Official website here: www.impact100pbc.org
What is the mission statement of Impact 100 Palm Beach County Inc?
Impact 100 Palm Beach County Inc encourages and motivates women to collectively contribute to improving their community by funding multiple grants of $100,000 each. These grants are provided to nonprofit organizations who implement high-impact initiatives in various sectors such as arts and culture, education, environment, family, and health and wellness, located in Southern Palm Beach County. The organization's mission is to connect, engage, and inspire women, thereby contributing to the betterment of their community. The grants given by Impact 100 Palm Beach County Inc help these nonprofit organizations further their missions and make a significant impact in their respective fields. Additionally, the organization receives in-kind donations, contributing further to their initiatives.
Official website here: www.impact100pbc.org
Who is the CEO of Impact 100 Palm Beach County Inc?
Holly Schuttler is the President of Impact 100 Palm Beach County Inc.
Official website here: www.impact100pbc.org
What is the revenue of Impact 100 Palm Beach County Inc?
Impact 100 Palm Beach County Inc's revenue in 2022 was $1,261,566.
Official website here: www.impact100pbc.org
Who are the executives of Impact 100 Palm Beach County Inc and what are their salaries?
The average compensation at Impact 100 Palm Beach County Inc during 2022 was $42,404. There is 1 employee and 80 volunteers at Impact 100 Palm Beach County Inc.
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Official website here: www.impact100pbc.org
Where can I find the form 990 for Impact 100 Palm Beach County Inc?
Impact 100 Palm Beach County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.impact100pbc.org
Learn more at the official website: www.impact100pbc.org
Mission Statement of Impact 100 Palm Beach County Inc
Impact 100 Palm Beach County Inc is an organization that aims to engage, connect, and inspire women to collectively improve their community. They achieve this by funding multiple 100,000 grants to nonprofits that implement high-impact initiatives in the areas of arts and culture, education, environment, family, and health and wellness, specifically in southern Palm Beach County. The organization's mission is to leverage the collective power of women to make a significant impact in their community by supporting nonprofits that are working towards meaningful change. Through their grant program, Impact 100 Palm Beach County Inc provides financial resources to these organizations, enabling them to further their missions and bring about positive change in their respective fields. In addition, the organization receives in-kind donations to support this program, demonstrating their commitment to making a difference in their community.
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Impact
July, 2024
Impact 100 Palm Beach County Inc's impact can be seen in the positive changes it brings to Southern Palm Beach County through its collective funding approach. By providing multiple $100,000 grants to organizations in the areas of arts & culture, education, environment, family, and health & wellness, the organization is directly supporting initiatives that have a high impact on the community. This model not only helps improve the lives of individuals in the region but also strengthens the organizations working towards positive change. Through its efforts, Impact 100 Palm Beach County Inc is instrumental in driving progress and addressing key challenges in the community.
This information is meant to be a general summary of Impact 100 Palm Beach County 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: $369
- Gross Receipts: $1,261,566
Assets and Liabilities:
- Total Assets: $1,936,177
- Total Liabilities: $976,954
- Net Assets: $959,223
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Organization Details
Founding Year
2018
Phone
(561) 336-4623Principal Officer
Holly Schuttler
Main Address
261 NW 13 STREET, BOCA RATON, FL, 33432
Website
www.impact100pbc.orgNTEE Category
Code: T31 - Philanthropy
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