Impacting Tomorrow Incorporated

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

EIN: 852451703 ✦ Milford, OH ✦ Designated as a 501(c)(3)

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Overview

What is Impacting Tomorrow Incorporated?

Impacting Tomorrow Incorporated is a nonprofit organization situated in Milford, Ohio. With a team of just two dedicated individuals, they operate a food market providing essential items such as fresh produce, dairy products, frozen meats, canned goods, pantry staples, and prepared meals. The primary mission of Impacting Tomorrow Incorporated is to make a positive impact on the lives of their community and contribute to a better world. This mission is reflected in their food market, which aims to provide necessary resources to those in their vicinity.


Official website here: www.impactingtomorrow.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 70%). This rating indicates that while Impacting Tomorrow Incorporated is performing adequately in terms of accountability and finance, there are significant areas that require attention for improvement. The organization has a solid governance structure, demonstrated by a fully independent board, which is a promising sign for transparency and accountability.

Strengths include a perfect score in accountability and finance metrics, particularly in areas such as the majority of independent board members and a favorable liabilities to assets ratio. However, the organization has weaknesses in financial transparency, as evidenced by a low score on financial statements and no tax forms posted on its website, which could hinder public trust and understanding of its operations.

Moreover, the nonprofit lacks some essential policies, such as a whistleblower policy and document retention procedures, which are critical for organizational integrity. Overall, while the nonprofit shows potential in governance and financial management, it must address its transparency issues to enhance its overall effectiveness and public credibility.


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

What do the Facebook reviews say about Impacting Tomorrow Incorporated?

100% of 6 reviewers on Facebook recommend Impacting Tomorrow Incorporated. Here is a summary of their reviews:

The organization is praised for its commitment to supporting the community, particularly in providing essential resources like food and clothing. Reviewers highlight the positive impact of the boutique and market initiatives, which serve individuals and families in need.

Gratitude is expressed towards the volunteers and donors, emphasizing the collective effort in making a significant difference. Overall, the organization appears to effectively fulfill its mission of aiding those facing hardship.


This AI summary has been generated from reviews found on Facebook.

Is Impacting Tomorrow Incorporated legitimate?

Impacting Tomorrow Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impacting Tomorrow Incorporated 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: $116,923

For more financial information, click here


Official website here: www.impactingtomorrow.com

What is the mission statement of Impacting Tomorrow Incorporated?

Impacting Tomorrow Incorporated is committed to making a positive impact on the lives of those around them and contributing to a better world. Their mission is to actively seek opportunities to make a difference and contribute to societal improvement. This organization does not specify the field or area of focus in its mission statement, indicating a broad scope for its contributions. The company operates a food market, offering a variety of items such as fresh produce, dairy products, and prepared meals, among others. However, the mission statement emphasizes its desire to impact lives beyond the scope of its business operations.


Official website here: www.impactingtomorrow.com

Who is the CEO of Impacting Tomorrow Incorporated?

Elizabeth Tracy is the President of Impacting Tomorrow Incorporated.


Official website here: www.impactingtomorrow.com

What is the revenue of Impacting Tomorrow Incorporated?

Impacting Tomorrow Incorporated's revenue in 2023 was $1,826,749.


Official website here: www.impactingtomorrow.com

Who are the executives of Impacting Tomorrow Incorporated and what are their salaries?

The average compensation at Impacting Tomorrow Incorporated during 2023 was $58,462. There are 2 employees and 100 volunteers at Impacting Tomorrow Incorporated.


Here are 7 key members and their salaries:


Kendal Tracy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Baker (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Tracy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Rogers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daren Donohoo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Djantae Mccommons (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Baker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.impactingtomorrow.com

Where can I find the form 990 for Impacting Tomorrow Incorporated?

Impacting Tomorrow Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.impactingtomorrow.com

Learn more at the official website: www.impactingtomorrow.com

Mission Statement of Impacting Tomorrow Incorporated

Impacting Tomorrow Incorporated is driven by a mission to make a positive impact in the lives of those around them and contribute to the betterment of the world. This nonprofit organization strives to achieve this goal by offering a food market that provides essential items such as fresh produce, dairy products, canned goods, pantry staples, and prepared meals. The food market caters to various needs, offering items like fresh produce, eggs, milk, cheese, frozen meats, fruits, vegetables, canned fruits and vegetables, meats, pastas, sauces, fresh bread, and frozen prepared meals. By providing these necessities, Impacting Tomorrow Incorporated aims to contribute to the well-being of its community in a tangible way.

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Impact




July, 2024

Impacting Tomorrow Incorporated is making a tangible difference by operating a food market that provides essential items such as fresh produce, dairy products, meats, pantry staples, baked goods, and frozen prepared meals. Their mission is clear: to positively impact the lives of those in their community and contribute to a better world. Through their human services-focused approach, they are addressing immediate needs and fostering a supportive environment for individuals and families in Milford, Ohio.




This information is meant to be a general summary of Impacting Tomorrow Incorporated. 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
$1,826,749 (2023)
Expenses
$955,920 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $6,568
  • Gross Receipts: $1,826,749

Assets and Liabilities:

  • Total Assets: $1,918,115
  • Total Liabilities: $6,218
  • Net Assets: $1,911,897

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Organization Details

Founding Year

2020

Principal Officer

Elizabeth Tracy

Main Address

5163 WOLFPEN PLEASANT HILL ROAD, MILFORD, OH, 45150

NTEE Category

Code: P40 - Human services

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