IMPACT CHARITABLE

EIN: 471180598 501(c)(3) Philanthropy & Grantmaking

DENVER, CO

Total Revenue
$24,478,571
Total Expenses
$16,318,163
Total Assets
$40,740,314
Net Assets
$17,940,911
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CO
Principal Officer
RICH HOOPS
Phone
7203176002
Tax Period
2024-01-01 to 2024-12-31

IMPACT CHARITABLE, founded in 2014, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $24.5M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8.2M, a strong 33% operating margin.

Mission

IMPACT CHARITABLE UNITES CATALYTIC PHILANTHROPISTS WITH COMMUNITY PARTNERS, FINANCIAL INSTITUTIONS, FOUNDATIONS, SOCIAL ENTERPRISES, AND GOVERNMENTAL BODIES. AS AN IMPACT CAPITAL CATALYST, IMPACT CHARITABLE UNLOCKS AND ACCELERATES CAPITAL THAT SPARKS POSITIVE CHANGE. WE MOVE MORE MONEY, IN MORE WAYS, TO MORE PEOPLE AND PLACES.

Program Service Accomplishments

Program 1
Expenses: $3,308,256 Revenue: $494,688

ECONOMIC MOBILITY - IMPACT CHARITABLE COLLABORATES WITH CATALYTIC FUNDERS, COMMUNITY LEADERS, LOCAL GOVERNMENTS, AND OTHER CHANGEMAKERS TO DESIGN AND IMPLEMENT DIRECT CASH ASSISTANCE AND ECONOMIC...

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ECONOMIC MOBILITY - IMPACT CHARITABLE COLLABORATES WITH CATALYTIC FUNDERS, COMMUNITY LEADERS, LOCAL GOVERNMENTS, AND OTHER CHANGEMAKERS TO DESIGN AND IMPLEMENT DIRECT CASH ASSISTANCE AND ECONOMIC MOBILITY PROGRAMS. THESE SERVICES INCLUDE PROGRAM DESIGN, PROGRAM MANAGEMENT & IMPLEMENTATION, AND PAYMENT FACILITATION, ALL AIMED AT SUPPORTING ECONOMIC STABILITY, RESILIENCY, AND WEALTH-CREATION. OUR APPROACH INVOLVES INTERVENING AT KEY MOMENTS TO PREVENT FAMILIES FROM FALLING DEEPER INTO POVERTY THROUGH PROGRAMS LIKE EMERGENCY RENTAL ASSISTANCE OR JOB LOSS PAYMENTS, PROVIDING UNRESTRICTED, UNCONDITIONAL EMERGENCY CASH ASSISTANCE AND BASIC INCOME, AND BUILDING LONG-TERM WEALTH THROUGH INNOVATIVE VEHICLES DESIGNED TO BREAK INTERGENERATIONAL CYCLES OF POVERTY. ECONOMIC MOBILITY PROGRAMS ARE PARTICULARLY FOCUSED ON PROVIDING ESSENTIAL CAPITAL TO COMMUNITIES THAT HAVE BEEN UNDERRESOURCED. IN 2024 ALONE, WE DISTRIBUTED $2,153,883 THROUGH THESE IMPACTFUL PROGRAMS.

Program 2
Expenses: $11,344,730 Revenue: $220,418

CAPITAL ACTIVATION - AT IMPACT CHARITABLE, WE MOVE MORE MONEY, IN MORE WAYS, TO MORE PEOPLE AND PLACES BY FOCUSING ON IMPACT-FIRST INVESTING. OUR PRIMARY OBJECTIVE IS TO DRIVE MEANINGFUL IMPACT...

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CAPITAL ACTIVATION - AT IMPACT CHARITABLE, WE MOVE MORE MONEY, IN MORE WAYS, TO MORE PEOPLE AND PLACES BY FOCUSING ON IMPACT-FIRST INVESTING. OUR PRIMARY OBJECTIVE IS TO DRIVE MEANINGFUL IMPACT, BALANCING FINANCIAL RETURN AND RISK IN SERVICE OF THIS MISSION. WHILE WE ANTICIPATE FINANCIAL RETURNS FROM OUR FUNDS, OUR TRUE MEASURE OF SUCCESS LIES IN THE IMPACT AND OUTCOMES OF THESE INVESTMENTS.IMPACT CHARITABLE WORKS THROUGH INTEGRATED CAPITAL, PROVIDING BOTH GRANTS AND INVESTMENTS, TO CATALYZE POSITIVE CHANGE. WE COLLABORATE WITH INVESTORS WHO UNDERSTAND THAT TRADITIONAL APPROACHES ALONE ARE INSUFFICIENT TO ACHIEVE THE JUST AND EQUITABLE OUTCOMES WE SEEK. OUR TEAM, WITH DEEP EXPERTISE IN BOTH PHILANTHROPY AND FINANCE, WORKS TO MOVE MONEY DIRECTLY INTO IMPACTFUL ORGANIZATIONS, MAKING LASTING CHANGE POSSIBLE.OUR APPROACH ENSURES THAT A SIGNIFICANT PORTION OF THE FUNDS UNDER OUR MANAGEMENT IS ACTIVELY WORKING IN COMMUNITIES, DRIVING POSITIVE SOCIAL CHANGE. THROUGHOUT THE YEAR, IMPACT CHARITABLE FACILITATED THE MOVEMENT OF SIGNIFICANT CAPITAL THROUGH A VARIETY OF IMPACTFUL PROGRAMS AND SERVICES INCLUDING DIRECT INVESTMENTS, PROGRAM-RELATED INVESTMENTS, PHILANTHROPIC INVESTMENT FUNDS, AND DONOR-ADVISED FUNDS. THROUGH THESE SERVICES, IMPACT CHARITABLE FACILITATED THE MOVEMENT OF $7,340,176 OF INVESTMENTS AND 7,517,022 OF GRANT FUNDS IN 2024. OUR KEY AREAS OF FOCUS INCLUDE SUPPORTING ECONOMIC MOBILITY, FINANCIAL INCLUSION, OWNERSHIP ECONOMY, AND AFFORDABLE HOUSING AMONG OTHER IMPACT THEMES. BY LEVERAGING CATALYTIC CAPITAL, WE ARE ABLE TO FACILITATE ACCESS TO OPPORTUNITIES FOR HISTORICALLY MARGINALIZED COMMUNITIES AND HELP CLOSE THE CAPITAL GAPS THAT PERSIST IN TRADITIONAL FINANCIAL SYSTEMS.

Program 3
Expenses: $871,873 Revenue: $1,576,470

CATALYTIC CAPITAL PARTNERS - CATALYTIC CAPITAL PARTNERS LLC, A WHOLLY-OWNED SUBSIDIARY OF IMPACT CHARITABLE, WAS ESTABLISHED TO CREATE SIGNIFICANT EFFICIENCIES FOR IMPACT FUNDS AND PROJECTS THAT ARE...

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CATALYTIC CAPITAL PARTNERS - CATALYTIC CAPITAL PARTNERS LLC, A WHOLLY-OWNED SUBSIDIARY OF IMPACT CHARITABLE, WAS ESTABLISHED TO CREATE SIGNIFICANT EFFICIENCIES FOR IMPACT FUNDS AND PROJECTS THAT ARE INCREASINGLY ATTRACTING A COMBINATION OF PRIVATE, PHILANTHROPIC, GOVERNMENT, AND GRANT CAPITAL. THIS PROGRAM LEVERAGES PARTNERS WITH DEEP EXPERIENCE IN FUND MANAGEMENT, ADMINISTRATION, AND INVESTMENT ADVISORY SERVICES WHILE ENGAGING IMPACT CHARITABLE'S EXPERIENCE AND EXPERTISE IN PHILANTHROPIC, IMPACT-FIRST INVESTMENTS, INTEGRATED CAPITAL FUNDS, AND FLEXIBLE GRANTMAKING CAPABILITIES. IMPACT CHARITABLE WORKS WITH PARTNERS WHO SHARE OUR HISTORY OF BRINGING NEW TOOLS AND INNOVATIONS TO THE IMPACT INVESTING ECOSYSTEM, AND THESE NEW PARTNERSHIPS ARE CONSTRUCTED TO CONNECT MORE CAPITAL WITH THE COMMUNITY IN FUNDING THAT IS STRUCTURED TO CREATE THE MOST IMPACT.CATALYTIC CAPITAL PARTNERS LLC IS DEDICATED TO BREAKING DOWN TRADITIONAL BARRIERS TO CAPITAL ACCESS, ENSURING THAT FUNDS ARE NOT JUST MANAGED BUT ACTIVELY WORKING IN COMMUNITIES TO DRIVE SYSTEMIC CHANGE. WITH A FOCUS ON INNOVATIVE, IMPACT-FIRST INVESTING, WE CONTINUE TO MOVE MONEY DIFFERENTLY, ENSURING THAT CAPITAL FLOWS WHERE IT'S NEEDED MOST.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,753,083
Program Service Revenue $2,291,576
Investment Income $1,417,220
Other Revenue $16,692
TOTAL REVENUE $24,478,571

Expense Breakdown

Grants Paid $9,730,237
Salaries & Benefits $1,186,350
Fundraising Expenses $178,040
Program Expenses $15,524,859
Other Expenses $5,401,576
TOTAL EXPENSES $16,318,163

Year-over-Year Comparison

2024 2023 Change
Revenue $24,478,571 $17,350,486 +0.4%
Expenses $16,318,163 $13,748,663 +0.2%
Net Income $8,160,408 $3,601,823 +1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
17
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$76,335
Total Directors
8
$2,906
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CINDY WILLARD SENIOR DIR. OF CAPITAL ACTIVATION 40.00
Highest
$140,927 $12,233 $153,160
JOURDAN MCGINN SENIOR DIR. OF ECONOMIC MOBILITY 40.00
Highest
$138,791 $4,280 $143,071
HANNAH DEALTO CONTROLLER 40.00
Highest
$122,860 $4,121 $126,981
JAMES MCCLAIR DIRECTOR OF OPERATIONS 40.00
Highest
$101,368 $4,310 $105,678
RICH HOOPS EXECUTIVE DIRECTOR 32.00
Officer
$63,148 $10,281 $73,429
SONDRA GREENE TREASURER 1.00
Officer Director
$2,906 $0 $2,906
EDWARD BRISCOE PRESIDENT 1.00
Officer Director
$0 $0 $0
SUSAN GRAF SECRETARY 1.00
Officer Director
$0 $0 $0
RYAN HOWELL SECRETARY/DIRECTOR 1.00
Officer Director
$0 $0 $0
HAROUN COWANS DIRECTOR 1.00
Director
$0 $0 $0
KRYSTA COPELAND DIRECTOR 1.00
Director
$0 $0 $0
MARK NEWHOUSE DIRECTOR 1.00
Director
$0 $0 $0
RANDY KAHN DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $24,478,571 $16,318,163 $40,740,314 $8,160,408
2023 $17,350,486 $13,748,663 $26,494,001 $3,601,823
2022 $17,937,020 $17,234,674 $13,547,870 $702,346
2021 $21,202,015 $18,590,481 $10,724,494 $2,611,534
2020 $15,092,056 $12,283,050 $5,145,286 $2,809,006
2019 $220,959 $243,611 $1,941,039 $-22,652
2018 $309,979 $205,847 $1,098,862 $104,132
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