Overview
What is S8 Impact Foundation?
S8 Impact Foundation is a nonprofit organization situated in Alpharetta, Georgia. It serves as a funding source, contributing to charities in line with the exempt purposes of the National Christian Charitable Foundation, Inc. (NCCF). The foundation's primary mission is to provide financial support to these charities, aiming to contribute positively to various social causes. By doing so, S8 Impact Foundation plays a crucial role in promoting and furthering the goals and objectives of the National Christian Charitable Foundation, Inc.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
The S8 Impact Foundation has achieved a high rating of 94%, indicating strong performance in accountability and finance. This rating is particularly significant as it reflects the foundation's commitment to transparent financial practices and effective governance. The organization boasts an independent board composition of 60%, which enhances oversight and integrity in its operations.
Strengths of the S8 Impact Foundation include a 96.03% program expense ratio, demonstrating that a substantial majority of its funds are directed towards its mission-driven programs. Furthermore, the organization has no material diversion of assets and maintains a strong liabilities to assets ratio of 0.55%, which speaks to its financial health. Additional policies, such as those for conflict of interest and document retention, are in place, further ensuring responsible management.
While the foundation showcases numerous strengths, it is essential to monitor ongoing performance and mission impact to maintain its high standards. The absence of any noted weaknesses in the data suggests a commendable level of operational effectiveness. Overall, the S8 Impact Foundation exemplifies a well-managed nonprofit dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is S8 Impact Foundation legitimate?
S8 Impact Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. S8 Impact Foundation 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 S8 Impact Foundation?
The S8 Impact Foundation's primary mission is to provide funding to charities, serving to fulfill the exempt purposes of the National Christian Charitable Foundation, Inc. (NCCF). By providing financial support to these charitable organizations, S8 Impact Foundation aims to contribute to various causes and initiatives that align with NCCF's charitable objectives. This funding helps these charities in their mission to make a positive impact in their respective communities and beyond.
Who is the CEO of S8 Impact Foundation?
Kristen M Lewis is the Trustee of S8 Impact Foundation.
What is the revenue of S8 Impact Foundation?
S8 Impact Foundation's revenue in 2022 was -$477,140.
Who are the executives of S8 Impact Foundation and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $169,101
- Other: $27,326
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $168,827
- Other: $11,068
- Compensation: $0
- Related: $203,679
- Other: $16,896
Where can I find the form 990 for S8 Impact Foundation?
S8 Impact Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of S8 Impact Foundation
S8 Impact Foundation, in pursuit of its mission, dedicates its resources to funding various charities. Aligned with the exempt purposes of the National Christian Charitable Foundation, Inc. (NCCF), S8 Impact Foundation plays a significant role in providing financial support to these charitable organizations. By fulfilling this mission, S8 Impact Foundation contributes to the betterment of numerous societal causes, ultimately making a positive impact on the communities they serve.
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Impact
October, 2024
S8 Impact Foundation plays a significant role in enhancing charitable efforts by providing essential funding to various organizations. Their focus is on fulfilling the exempt purposes of the National Christian Charitable Foundation (NCCF), enabling a wide range of philanthropic activities. Based in Alpharetta, GA, S8 Impact Foundation supports initiatives that align with NCCF's mission, thereby amplifying the impact of charitable giving and promoting positive change within communities. Through their financial support, they help drive meaningful projects and programs that make a difference in the lives of many.
This information is meant to be a general summary of S8 Impact Foundation. 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: -$482,140
- Gross Receipts: $72,858
Assets and Liabilities:
- Total Assets: $1,850,428
- Total Liabilities: $10,311
- Net Assets: $1,840,117
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Organization Details
Founding Year
2018
Phone
(678) 892-1874Principal Officer
Kristen M Lewis
Main Address
PO BOX 524, ALPHARETTA, GA, 30009
NTEE Category
Code: T31 - Philanthropy
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