IMPACT ON EDUCATION INC

EIN: 840943046 501(c)(3)

LOUISVILLE, CO

Total Revenue
$2,832,773
Total Expenses
$1,827,091
Total Assets
$7,290,079
Net Assets
$6,404,883
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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
CO
Principal Officer
KAREN BROWN
Phone
3035243865
Tax Period
2023-07-01 to 2024-06-30

IMPACT ON EDUCATION INC, founded in 1983, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 36% operating margin.

Mission

IMPACT ON EDUCATION IS THE FOUNDATION SUPPORTING NEARLY 28,000 STUDENTS AND 4,000 EDUCATORS OF THE BOULDER VALLEY SCHOOL DISTRICT. SINCE 1983, WE HAVE PROVIDED SUPPLEMENTAL FUNDING AND RESOURCES TO STUDENTS AND EDUCATORS IN ORDER TO EXPAND WHAT IS POSSIBLE IN EDUCATION. OUR WORK PRIORITIZES STUDENTS OVERCOMING THE GREATEST OBSTACLES BY ADDRESSING ECONOMIC AND LEARNING BARRIERS THAT CURTAIL SUCCESS, INCREASE EQUITY AMONG OUR STUDENTS, AND CLOSE OPPORTUNITY GAPS.

Program Service Accomplishments

Program 1
Expenses: $1,142,855

PROGRAMS TO IMPROVE LEARNING EQUITY AND ACCESS (EARLY LEARNING, COLLEGE & CAREER READINESS, SCHOLARSHIPS, ACADEMIC OPPORTUNITY FUND, LEARNING TOOLS):OUR WORK SUPPORTED BVSD STUDENTS OF ALL AGES AND...

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PROGRAMS TO IMPROVE LEARNING EQUITY AND ACCESS (EARLY LEARNING, COLLEGE & CAREER READINESS, SCHOLARSHIPS, ACADEMIC OPPORTUNITY FUND, LEARNING TOOLS):OUR WORK SUPPORTED BVSD STUDENTS OF ALL AGES AND STAGES OF LEARNING. IN JUNE 2024, 274 INCOMING KINDERGARTEN STUDENTS ACCESSED FOUR WEEKS OF SUMMER INSTRUCTION TO ENSURE THEY BEGAN SCHOOL AS PREPARED AS THEIR PEERS. IOE ALSO AWARDED $28,500 IN POST-SECONDARY SCHOLARSHIPS, COVERED OVER $42,000 IN ADVANCED COURSEWORK AND EXAM FEES FOR COLLEGE CREDIT, AND RAN A SUCCESSFUL CAREER READINESS ACADEMY AT THREE HIGH SCHOOLS WHERE 75 STUDENTS ACCESSED PROFESSIONAL SKILLS AND CAREER GUIDANCE FROM LOCAL PROFESSIONALS. WE ALSO INVESTED OVER $158,000 THROUGH 141 ACADEMIC OPPORTUNITY FUND GRANTS, ALLOWING EDUCATORS TO ACCESS RESOURCES TO SUPPORT STUDENT LEARNING, INCLUDING 1:1 TUTORING, LIBRARY MATERIALS, AND CURRICULUM FOR NEWCOMER STUDENTS. WE DISTRIBUTED NEW BACKPACKS AND SCHOOL SUPPLIES TO NEARLY 5,000 STUDENTS IN NEED AT THE START OF THE SCHOOL YEAR AND PROVIDED MULTI-CULTURAL ART SUPPLIES FOR 17,000 STUDENTS.

Program 2
Expenses: $368,859

PROGRAMS TO SUPPORT STUDENT MENTAL HEALTH AND WELL-BEING, AND ADDRESS ACUTE CRISES:THE ORGANIZATION PROVIDES ACCESS TO MENTAL HEALTH SUPPORT DURING THE SCHOOL DAY FOR OVER 13,000 BVSD STUDENTS. THIS...

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PROGRAMS TO SUPPORT STUDENT MENTAL HEALTH AND WELL-BEING, AND ADDRESS ACUTE CRISES:THE ORGANIZATION PROVIDES ACCESS TO MENTAL HEALTH SUPPORT DURING THE SCHOOL DAY FOR OVER 13,000 BVSD STUDENTS. THIS INCLUDES FUNDING SIX HIGH SCHOOL WELLNESS CENTERS STAFFED BY MENTAL HEALTH PROFESSIONALS, AND UNDERWRITING RACIAL TRAUMA COUNSELING, BILINGUAL MENTAL HEALTH SUPPORT, AND SCHOOL-BASED EDUCATION EVENTS FOR PARENTS AND CAREGIVERS. IN ADDITION, WE CONTINUED TO SERVE STUDENTS DISPLACED BY THE MARSHALL FIRE BY PROVIDING EXTRA TUTORING, IN-SCHOOL MENTAL HEALTH SUPPORT, AFTER-SCHOOL CARE, AND TRANSPORTATION STIPENDS. IOE FURTHER SUPPORTED MENTAL HEALTH INITIATIVES WITHIN BVSD THROUGH $0.7M IN FUNDS THAT WERE GRANTED IN THE PRIOR FISCAL YEAR, WHICH WERE USED TO SUPPORT MENTAL HEALTH PERSONNEL IN THE 2023-24 SCHOOL YEAR.

Program 3
Expenses: $65,888

PROGRAM TO RECOGNIZE AND EMPOWER EDUCATORS:THE IMPACT AWARDS HONOR INDIVIDUALS IN BVSD WHO ARE MAKING AN EXTRAORDINARY IMPACT ON STUDENT LEARNING. SINCE 1993, THE IMPACT AWARDS HAVE RECOGNIZED...

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PROGRAM TO RECOGNIZE AND EMPOWER EDUCATORS:THE IMPACT AWARDS HONOR INDIVIDUALS IN BVSD WHO ARE MAKING AN EXTRAORDINARY IMPACT ON STUDENT LEARNING. SINCE 1993, THE IMPACT AWARDS HAVE RECOGNIZED HUNDREDS OF EDUCATORS TEACHERS, CUSTODIANS, OFFICE MANAGERS, FOOD SERVICE EMPLOYEES, CROSSING GUARDS, AND MORE FROM EACH SCHOOL ACROSS BVSD. IOE ALSO SUPPORTS EDUCATORS THROUGH THE ACADEMIC OPPORTUNITY FUND GRANTS REFERENCED ABOVE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,369,416
Program Service Revenue $0
Investment Income $116,446
Other Revenue $346,911
TOTAL REVENUE $2,832,773

Expense Breakdown

Grants Paid $893,226
Salaries & Benefits $697,309
Fundraising Expenses $149,121
Program Expenses $1,577,602
Other Expenses $236,556
TOTAL EXPENSES $1,827,091

Year-over-Year Comparison

2023 2022 Change
Revenue $2,832,773 $1,992,608 +0.4%
Expenses $1,827,091 $1,132,687 +0.6%
Net Income $1,005,682 $859,921 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
13
Employees
11
Volunteers
111

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
$0
Total Directors
19
$0
Key Employees
1
$163,770
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CALLIE WEIANT SECRETARY 2.00
Officer Director
$0 $0 $0
ROB ANDERSON EX-OFFICIO 2.00
Director
$0 $0 $0
KAREN KRUSE TREASURER 2.00
Officer Director
$0 $0 $0
EMA LYMAN TRUSTEE 2.00
Director
$0 $0 $0
DAVID ZIEGERT TRUSTEE 2.00
Director
$0 $0 $0
CARLOS PACHECO TRUSTEE 2.00
Director
$0 $0 $0
ANN COOPER TRUSTEE 2.00
Director
$0 $0 $0
CARLY HARE TRUSTEE 2.00
Director
$0 $0 $0
KAREN BROWN CHAIR 3.00
Officer Director
$0 $0 $0
PATTY DELGADO EX-OFFICIO 2.00
Director
$0 $0 $0
CATHLEEN KENDALL VICE CHAIR 2.00
Officer Director
$0 $0 $0
JANN OLDHAM TRUSTEE 2.00
Director
$0 $0 $0
JENNIFER STERLING TRUSTEE 2.00
Director
$0 $0 $0
TANYA SANTEE TRUSTEE 2.00
Director
$0 $0 $0
ROBERT GADDIS TREASURER 2.00
Officer Director
$0 $0 $0
AMY PICKENS TRUSTEE 2.00
Director
$0 $0 $0
BILL DE LA CRUZ TRUSTEE 2.00
Director
$0 $0 $0
DAN KONIGSBERG TRUSTEE 2.00
Director
$0 $0 $0
DAVID STEWART EX-OFFICIO 2.00
Director
$0 $0 $0
ALLISON BILLINGS EXECUTIVE DIRECTOR 40.00
Key Emp
$159,000 $4,770 $163,770
MIEKE BUSHHOUSE DIRECTOR OF FINANCE & OPERATIONS 40.00
Highest
$112,709 $7,294 $120,003
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
2025 No data No data No data No data
2024 $2,832,773 $1,827,091 $7,290,079 $1,005,682
2023 $2,667,722 $2,751,968 $4,458,137 $-84,246
2023 $1,992,608 $1,132,687 $6,292,825 $859,921
2022 $3,843,939 $2,404,916 $4,962,861 $1,439,023
2021 $2,172,161 $1,294,428 $3,063,256 $877,733
2020 $1,714,702 $1,182,319 $2,028,669 $532,383
2019 $1,127,730 $1,101,690 $1,486,971 $26,040
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