Overview
What is Moore Impact Inc?
Moore Impact Inc is a Denver, Colorado-based nonprofit organization with approximately eight employees. They have disbursed around $11.8 million in grants in 2022, primarily to Black, Brown, and Native-led nonprofits in regions often overlooked by philanthropy, such as the Western, Midwestern, and Southern United States. Moore Impact not only supports these organizations financially but also assists them in building their internal infrastructure, enabling them to continue growing and making a significant impact on their communities. By investing in groups working to dismantle systemic racism and promoting community-led solutions, Moore Impact contributes to building the wealth and influence of communities of color. Their mission is to provide flexible, insightful, and comprehensive support to individuals, families, and organizations, helping changemakers tackle some of the world's most pressing challenges.
Official website here: www.moorephilanthropy.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)
Moore Impact Inc has achieved a high score of 97% on Charity Navigator, indicating strong performance in accountability and finance. The organization demonstrates a solid commitment to transparency, with 87% of its board members being independent and a comprehensive set of policies in place, including conflict of interest and whistleblower policies. Furthermore, it maintains a low material diversion of assets, showing responsible financial management.
The nonprofit excels in program expense efficiency, with over 93% of its expenditures devoted to its programs, which suggests a strong focus on fulfilling its mission. Additionally, the organization boasts a favorable liabilities to assets ratio of 7.17%, reflecting a healthy financial position. The working capital ratio of 1.42 years further indicates that it has sufficient resources to cover its obligations.
However, a notable area for improvement is the fundraising efficiency ratio, which stands at $0.01. This suggests that while the organization is effective in its program delivery, it may need to enhance its fundraising strategies to increase financial sustainability. Overall, Moore Impact Inc appears to be a well-managed nonprofit with a clear commitment to its mission and strong governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Moore Impact Inc legitimate?
Moore Impact Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moore Impact 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: $436,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $566,588
For more financial information, click here
Official website here: www.moorephilanthropy.com
What is the mission statement of Moore Impact Inc?
Moore Impact Inc is dedicated to providing extensive support to individuals, families, and organizations to help changemakers address some of the world's most significant challenges. In 2022, they granted approximately $11.8 million to Black, Brown, and Native-led nonprofits, focusing on neglected regions such as the West, Midwest, and Southern United States. Moore Impact enables these organizations to strengthen their internal infrastructure, allowing them to continue expanding their impact on communities affected by racial, social, and economic injustice. Their investments range from supporting efforts to dismantle systemic racism and build a more equitable world to collaborating with partners to resource community-led solutions. Moore Impact is instrumental in empowering communities of color to build wealth and influence.
Official website here: www.moorephilanthropy.com
Who is the CEO of Moore Impact Inc?
Yvonne L Moore is the Chair of Moore Impact Inc.
Official website here: www.moorephilanthropy.com
What is the revenue of Moore Impact Inc?
Moore Impact Inc's revenue in 2022 was $19,073,408.
Official website here: www.moorephilanthropy.com
Who are the executives of Moore Impact Inc and what are their salaries?
The average compensation at Moore Impact Inc during 2022 was $125,436. There are 8 employees and 7 volunteers at Moore Impact Inc.
Here are 11 key members and their salaries:
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- Compensation: $191,720
- Related: $60,385
- Other: $18,535
- Compensation: $195,333
- Related: $0
- Other: $18,361
- Compensation: $132,236
- Related: $0
- Other: $5,270
- Compensation: $164,722
- Related: $0
- Other: $11,834
Official website here: www.moorephilanthropy.com
Where can I find the form 990 for Moore Impact Inc?
Moore Impact Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.moorephilanthropy.com
Learn more at the official website: www.moorephilanthropy.com
Mission Statement of Moore Impact Inc
Moore Impact Inc, a leading organization, is dedicated to providing extensive, thoughtful, and agile support to individuals, families, and organizations, empowering changemakers to tackle some of the world's most pressing challenges. With a mission to make a significant impact for communities directly affected by racial, social, and economic injustice, Moore Impact Inc disbursed approximately $11.8 million in grants to Black, Brown, and Native-led nonprofits nationwide and globally, focusing on under-resourced regions like the West, Midwest, and Southern United States.
By investing in organizations working to dismantle systemic racism and build a more just, equitable world, Moore Impact Inc plays a crucial role in helping these nonprofits strengthen their internal infrastructure, enabling them to continue scaling and making a profound difference in their communities. The organization's commitment goes beyond financial support, as they collaborate with partners to resource community-led solutions that address some of the world's most significant challenges.
Moore Impact Inc's unique approach to philanthropy sets it apart, recognizing the importance of investing in underrepresented communities and fostering their growth and influence. Through its grant-making initiatives and collaborative efforts, the organization is making a tangible impact on the lives of individuals and families, paving the way towards a more equitable and just world.
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Impact
October, 2024
Moore Impact Inc provides agile, thoughtful, and expansive support to individuals, families, and organizations, empowering changemakers to tackle some of the world's most pressing challenges. In 2022, the organization disbursed approximately $11.8 million in grants to Black, Brown, and Native-led initiatives across the United States and globally, with a focus on regions often overlooked by traditional philanthropy, including the West, Midwest, and Southern United States.
By investing in organizations dedicated to dismantling systemic racism and promoting social and economic justice, Moore Impact plays a crucial role in building the wealth and influence of communities of color. Additionally, the organization has worked with fiscally sponsored projects to enhance their internal infrastructure, allowing them to scale their efforts and create a more significant impact for communities directly affected by injustice. Through strategic partnerships and a commitment to resource community-led solutions, Moore Impact is fostering equity and facilitating the creation of a more just world.
This information is meant to be a general summary of Moore Impact 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: $1,224
- Program Service Revenue: $118,460
- Gross Receipts: $19,073,408
Assets and Liabilities:
- Total Assets: $10,886,878
- Total Liabilities: $781,055
- Net Assets: $10,105,823
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE FOR SERVICE
Revenue
$118,460
Organization Details
Founding Year
2020
Phone
(917) 647-2090Principal Officer
Yvonne L Moore
Main Address
2590 WELTON STREET 200, DENVER, CO, 80205
Website
www.moorephilanthropy.comNTEE Category
Code: P20 - Human services
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