Knowledge Impact Network

EIN: 853426545 501(c)(3) Human Services

Marshall, VA

Total Revenue
$616,756
Total Expenses
$260,824
Total Assets
$390,452
Net Assets
$375,012
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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
2020
Legal Domicile
VA
Principal Officer
Elaine MacDonald
Phone
6507999365
Tax Period
2022-01-01 to 2022-12-31

Knowledge Impact Network, founded in 2020, is a small nonprofit in the Human Services sector that reported $617K in total revenue in fiscal year 2022. The organization ran a surplus of $356K, a strong 58% operating margin.

Mission

Garnered the interest of 1,000 leaders in our work and supported 14 social ventures serving 1 million + lives around the world working on addressing core human needs, expanding economic opportunity, making education accessible, and mitigating climate risk.

Program Service Accomplishments

Program 1
Expenses: $187,351

In 2022, KIN has incubated a successful model creating a network of passionate leaders sharing knowledge for social good. It developed an ecosystem of 1,000, and served 14 social ventures touching...

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In 2022, KIN has incubated a successful model creating a network of passionate leaders sharing knowledge for social good. It developed an ecosystem of 1,000, and served 14 social ventures touching over 1,000,000 lives around the world. Feedback from KINs engaged Knowledge Partners and Social Venture Partners have been outstanding. Here are some highlights from our first full year of service: - Activated over 100 leaders globally to serve as Knowledge Partners, sharing their skills, insights and connections with social ventures they would normally not have encountered - Advanced the strategies and impact of over a dozen social ventures touching over 1,000,000 lives around the world. These ventures address critical core human needs (food, water, shelter and health), education, economic development and climate risk mitigation - Created active global communitiesCirclesfor people to explore social or environmental initiatives and share ideas for action- Developed and deepened relationships with premier networks such as YPO, HBS, US Coalition on Sustainability, Catalyst 2030 and more for sourcing of Knowledge Partners and Social Venture Partners- Provided countless 1:1 connections, introducing passionate individuals to each other to identify synergies and formulate new collaborations to speed social impact.

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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 (2022)

Revenue Breakdown

Contributions & Grants $616,756
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $616,756

Expense Breakdown

Grants Paid $0
Salaries & Benefits $126,726
Fundraising Expenses $43,400
Program Expenses $187,351
Other Expenses $115,655
TOTAL EXPENSES $260,824

Year-over-Year Comparison

2022 2021 Change
Revenue $616,756 N/A N/A
Expenses $260,824 N/A N/A
Net Income $355,932 N/A N/A
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
4
Employees
2
Volunteers
200

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
3
$75,000
Total Directors
5
$75,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elaine MacDonald CEO 40.00
Officer Director
$75,000 $0 $75,000
Alain Chetrit Exec Chairman 4.00
Officer Director
$0 $0 $0
Pierce Dunn Secretary 2.00
Officer Director
$0 $0 $0
Scott Mordell Director 1.00
Director
$0 $0 $0
Abhijit Pawar 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
2022 $616,756 $260,824 $390,452 $355,932
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