Civic Intelligence

Impact Foundation

990 • Fiscal year 2016 • EIN 20-0520386

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 08, 2017

Organization Profilewww.impactgiveback.org

View Organization Page

4141 28th Avenue SFargo, ND 58104

(701) 271-0263

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

0.44x

Higher debt load relative to assets than 97% of similar nonprofits.

2016 filings • NTEE T • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

0.83x

Higher debt load relative to revenue than 95% of similar nonprofits.

2016 filings • NTEE T • $1M-$5M nonprofits • Source year 2016

Net Margin

68th percentile

31%

Higher net margin than 68% of similar nonprofits.

2016 filings • NTEE T • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

91st percentile

$64,844

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2016 filings • NTEE T • $1M-$5M nonprofits • Source year 2016

Asset Growth

83rd percentile

19%

Faster asset growth than 83% of similar nonprofits.

2016 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

54th percentile

-0.0%

Faster revenue growth than 54% of similar nonprofits.

2016 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$3,775,937

Up $611,452 (+19%) from 2015

Net Assets

Up

$2,129,041

Up $627,957 (+42%) from 2015

Liabilities

Down

$1,646,896

Down $16,505 (-1.0%) from 2015

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin68th percentile

Revenue

Down

$1,984,827

Down $513 (-0.0%) from 2015

Expenses

Down

$1,361,723

Down $256,524 (-16%) from 2015

Net Income

Up

$623,104

Up $256,011 (+70%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $1,790,624Liabilities 2010: $896,788Net Assets 2010: $893,8362010Assets 2011: $1,815,316Liabilities 2011: $911,236Net Assets 2011: $904,0802011Assets 2012: $1,951,192Liabilities 2012: $1,098,456Net Assets 2012: $852,7362012Assets 2013: $2,131,418Liabilities 2013: $1,192,771Net Assets 2013: $938,6472013Assets 2014: $2,524,233Liabilities 2014: $1,390,242Net Assets 2014: $1,133,9912014Assets 2015: $3,164,485Liabilities 2015: $1,663,401Net Assets 2015: $1,501,0842015Assets 2016: $3,775,937Liabilities 2016: $1,646,896Net Assets 2016: $2,129,0412016Assets 2017: $3,849,779Liabilities 2017: $1,347,902Net Assets 2017: $2,501,8772017Assets 2018: $3,714,055Liabilities 2018: $1,117,867Net Assets 2018: $2,596,1882018Assets 2019: $3,683,090Liabilities 2019: $698,295Net Assets 2019: $2,984,7952019Assets 2020: $4,228,120Liabilities 2020: $709,022Net Assets 2020: $3,519,0982020Assets 2021: $5,033,144Liabilities 2021: $590,474Net Assets 2021: $4,442,6702021Assets 2022: $6,186,034Liabilities 2022: $568,794Net Assets 2022: $5,617,2402022Assets 2023: $7,427,308Liabilities 2023: $507,939Net Assets 2023: $6,919,3692023Assets 2024: $9,305,594Liabilities 2024: $523,950Net Assets 2024: $8,781,6442024

Highlighted filing

2016

Assets$3,775,937
Liabilities$1,646,896
Net Assets$2,129,041
Open 2016 Filing

Operations Trend

Revenue Growth54th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0Expenses 2010: $1,680,9332010Expenses 2011: $1,092,8682011Expenses 2012: $860,1692012Revenue 2013: $964,321Expenses 2013: $878,410Net Income 2013: $85,9112013Revenue 2014: $1,334,091Expenses 2014: $1,138,747Net Income 2014: $195,3442014Revenue 2015: $1,985,340Expenses 2015: $1,618,247Net Income 2015: $367,0932015Revenue 2016: $1,984,827Expenses 2016: $1,361,723Net Income 2016: $623,1042016Revenue 2017: $2,161,427Expenses 2017: $1,860,654Net Income 2017: $300,7732017Revenue 2018: $2,031,294Expenses 2018: $1,911,833Net Income 2018: $119,4612018Revenue 2019: $2,031,987Expenses 2019: $1,574,759Net Income 2019: $457,2282019Revenue 2020: $2,549,469Expenses 2020: $2,097,804Net Income 2020: $451,6652020Revenue 2021: $2,597,194Expenses 2021: $1,719,353Net Income 2021: $877,8412021Revenue 2022: $3,041,976Expenses 2022: $1,748,067Net Income 2022: $1,293,9092022Revenue 2023: $3,900,044Expenses 2023: $2,544,896Net Income 2023: $1,355,1482023Revenue 2024: $4,589,669Expenses 2024: $2,737,521Net Income 2024: $1,852,1482024

Highlighted filing

2016

Revenue$1,984,827
Expenses$1,361,723
Net Income$623,104
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 8, 2017
Return Version
2016v3.0
Gross Receipts
$1,984,827
Mission and Program Overview

Mission

With a mission to build the capacity of nonprofits, businesses, and individuals to maximize their community impact, Impact Foundation's overall goal is to dramatically improve its nonprofit partners' capacity to produce superior results. Impact Foundation operates exclusively for charitable, scientific, and educational purposes. To meet its primary goal, Impact Foundation (Impact) receives and administers donations, makes contributions to, and provides assistance to other nonprofit organizations. Impact operates charitable initiatives designed to measurably improve society in areas including: economic development; health and healthcare access; education and training; and other philanthropic areas identified by donors.

Build capacity of nonprofits, businesses & individuals to maximize their community impact.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,776,924$2,243,610▲ $466,686
Investments Program Related$689,581$671,938▼ $17,643
Investments in Publicly Traded Securities-$374,986-
Land, Buildings, and Equipment, Net$442,011$368,604▼ $73,407
Pledges and Grants Receivable$201,885$62,480▼ $139,405
Investments Other Securities$10,077$10,055▼ $22
Prepaid Expenses and Deferred Charges$1,083$5,340▲ $4,257
Accounts Receivable$3,045$4,576▲ $1,531
Total Assets$3,164,485$3,775,937▲ $611,452
Other Assets Total$39,879$34,348▼ $5,531
Liabilities
Deferred Revenue$902,085$1,047,993▲ $145,908
Mortgage Notes Payable Secured by Investment Property$451,365$424,041▼ $27,324
Accounts Payable and Accrued Expenses$309,951$174,862▼ $135,089
Total Liabilities$1,663,401$1,646,896▼ $16,505
Net Assets / Fund Balance
Unrestricted Net Assets$724,311$1,203,310▲ $478,999
Temporarily Rstr Net Assets$628,773$772,642▲ $143,869
Permanently Rstr Net Assets$148,000$153,089▲ $5,089
Total Net Assets Fund Balance$1,501,084$2,129,041▲ $627,957
Total Liabilities and Net Assets / Fund Balance$3,164,485$3,775,937▲ $611,452

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$230,604$309,376$539,980
Investment Program Related Org$265,740--
Land$138,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$10,239$5,089▲ $260-$15,588
2015$5,000$5,000▲ $239-$10,239
2014$1,000$4,000--$5,000
2013-$1,000--$1,000
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseTotal
J Patrick TraynorExecutive DirectorPT$64,844$64,844

Board Members and Trustees

NameTitle
Dan CareyChair
Susan Mathison MDVice Chair
Phil HansenSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,779,176
Program Service Revenue
$180,200
Investment Income
$25,451
Other Revenue
$0
All Other Contributions
$1,530,670
Change in Net Assets
$623,104

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$370,133Fair value
Total Noncash Contributions1$370,133-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,984,827
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-13,801
Total Revenue per Audited Statements
$1,971,026
Total Revenue per Form 990
$1,984,827
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$708,314
Salaries, Compensation, and Employee Benefits$370,019
Grants and Similar Amounts Paid$283,390
Total Fundraising Expense$18,559
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$304,128$1,327$10,245$315,700
Grants to Domestic Orgs$283,390--$283,390
Other Salaries and Wages$240,845--$240,845
Depreciation Depletion$101,703$268-$101,971
Information Technology$82,508--$82,508
Current Officers, Directors, Trustees, and Key Employees$32,596$26,077$6,519$65,192
Fees for Services Management$43,250$3,750-$47,000
Office Expenses$38,019$2,963-$40,982
Payroll Taxes$24,264$2,254$563$27,081
Conferences and Meetings$22,751$1,350$57$24,158
Occupancy$23,562--$23,562
Other Employee Benefits$22,037--$22,037
All Other Expenses$17,992$1,268-$19,260
Pension Plan Contributions$14,864--$14,864
Advertising$14,305--$14,305
Travel$10,542$206$1,175$11,923
Fees for Services Accounting-$10,715-$10,715
Insurance$429$6,164-$6,593
Fees for Services Legal$5,353--$5,353
Interest$4,284--$4,284
Total Functional Expenses$1,286,822$56,342$18,559$1,361,723

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,361,723
Total Expenses per Audited Statements$1,347,149
Expenses per Audited Statements$1,337,395
Expenses Not Reported on Financial Statements$24,328
Other Expense Adjustments$24,328
Expenses Not Reported on Form 990$9,754
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ND Department of Veteran's AffairsFargo, NDND Department of VAVeterans support$44,824
Great Plains Food BankFargo, ND501(c)(3)General operating and program support.$30,402
FM Area FoundationFargo, ND501(c)(3)General operating and program support.$24,328
Unseen MinistriesFargo, ND501(c)(3)General operating and program support.$19,500
The Arts PartnershipFargo, ND501(c)(3)General operating and program support.$11,250
Williston Trinity Christian SchoolWilliston, ND501(c)(3)General operating and program support.$9,800
Gateway to ScienceBismarck, ND501(c)(3)General operating and program support.$7,750
City of CandoCando, NDCity of CandoGeneral operating and program support.$7,350
YWCA Cass ClayFargo, ND501(c)(3)General operating and program support.$7,035
Diamond in the Ruff Pet RescueFargo, ND501(c)(3)General operating and program support.$6,250
Jail ChaplainsFargo, ND501(c)(3)General operating and program support.$6,000
St Joseph Catholic SchoolDevils Lake, ND501(c)(3)General operating and program support.$6,000
Central Dakota Children's ChoirBismarck, ND501(c)(3)General operating and program support.$5,500
The God's Child ProjectBismarck, ND501(c)(3)General operating and program support.$5,500
March of DimesFargo, ND501(c)(3)General operating and program support.$5,250
Upper Missouri MinistriesEpping, ND501(c)(3)General operating and program support.$5,250
Best Friends Mentoring ProgramsDickinson, ND501(c)(3)General operating and program support.$5,100
First Care Health CenterPark River, ND501(c)(3)General operating and program support.$5,000
Lillian and Coleman Taube Museum of ArtMinot, ND501(c)(3)General operating and program support.$5,000
Red River ZooFargo, ND501(c)(3)General operating and program support.$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Susan Mathison, MD has a business relationship with J. Patrick Traynor.”

Form 990, Part VI, Section A, line 8B

“There are no committees with the authority to act on behalf of the Board.”

Form 990, Part VI, Section B, line 11B

“A copy of the final Form 990 is provided to each voting Board Member for their review prior to filing. The filed Form 990 will be an agenda item at the next scheduled board meeting for management to review with Board Members. Actions taken will be so noted in the minutes of the Board.”

Form 990, Part VI, Section B, line 12C

“Board members and staff are required to review the conflict policy and declare any conflicts annually. In addition the Administrative Assistant notifies the Executive Director of any other conflicts that may arise during the year. If there are any conflicts, the Board is made aware of them and the Board member with a conflict is asked to abstain from voting. The process would be duly noted in the minutes.”

Form 990, Part VI, Section B, line 15A

“The Executive Director's performance is reviewed annually by the Board members, excluding the Executive Director. Compensation is compared using the Council on Foundations annual salary survey and compared to other foundations of similar size and scope using their Form 990. Compensation changes are approved by vote of the Board with the Executive Director abstaining from voting.”

Form 990, Part VI, Section C, line 19

“Impact's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Impact Foundation
EIN
20-0520386
Phone
7012710263
Address
4141 28th Avenue S, Fargo, ND 58104

Signing Officer

Name
J Patrick Traynor
Title
Executive Director
Phone
7012710263
Signed
2017-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Patrick Traynor
Formed
2003
Legal Domicile
Nd
Voting Board Members
3
Independent Board Members
3
Employees
6
Volunteers
64

Preparer

Firm
Eide Bailly Llp
Address
4310 17TH AVE S PO BOX 2545, FARGO, ND 58108-2545
Preparer
Lisa Chaffee CPA
Phone
7012398500
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 3

“TEDxFargo fiscal host project was transferred to the FM Area Foundation January 28, 2016.”

Form 990, Part IX, line 11G

“Professional Fees: Program service expenses 14,886. Management and general expenses 1,327. Fundraising expenses 10,245. Total expenses 26,458. Land Reclamation - Longspur: Program service expenses 2,151. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,151. Consultants: Program service expenses 287,091. Management and general expenses 0. Fundraising expenses 0. Total expenses 287,091.”

Form 990, Part XII, Line 2C:

“Impact does not have a specifically appointed audit committee; however, the Board of Directors does assume responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”

Financial Statement Notes

Part V, Line 4:

“The Fund is established by the Foundation as an endowed fund to promote and support initiatives, programs, and projects designed to make a significant impact in health and healthcare, education, economic development, and other charitable areas primarily benefiting residents of the state of North Dakota.”

Part X, Line 2:

“Impact Foundation has been recognized by the Internal Revenue Service as exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). Impact Foundation undergoes an annual analysis of its various tax positions, assessing the likelihood of these positions being upheld upon examination with relevant tax authorities, as defined by the generally accepted accounting principles. Impact Foundation believes that it is compliant with all IRS tax regulations and as of December 31, 2016 and 2015, has not recorded liabilities for income taxes. Impact Foundation will recognize future accrued interest and penalties related to unrecognized tax liabilities in income tax expense if incurred. Impact Foundation is no longer subject to federal and state tax examinations by tax authorities for years before 2013.”

Part XI, Line 2D - Other Adjustments:

“Revenue from consolidated subsidiary 5,674. Transfer of TEDx assets -24,328.”

Part XII, Line 2D - Other Adjustments:

“Expenses from consolidated subsidiary 9,754.”

Part XII, Line 4B - Other Adjustments:

“Transfer of TEDx assets 24,328.”

Raw XML AppendixShowing 400 of 720 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0ORGANIZATIONAL EFFECTIVENESSImpact and its supporting organization, Achievements Unlimited Foundation, (the "Foundations") recognize that many nonprofit organizations often lack expertise and financial resources to invest in organizational assessments, strategic planning and highly effective fundraising training which will ensure their organization's effectiveness and long-term sustainability. The Foundations partnered with Dakota Medical Foundation through the Impact Institute (Institute) to provide support, education, training, and coaching sessions for nonprofit partner organizations. Since inception in 2005, more than 5,200 nonprofit executives and directors from over 450 nonprofit organizations have trainied in Institute leadership and fundraising concepts. Nonprofit Board and Management Training: Training boards and key management personnel to operate their organizations in a highly effective and efficient manner is a key education focus for the Foundations. The Foundations have encouraged many area nonprofit organizations to attend the Institute's education and training programs. In 2016, the Institute's education and training programs helped equip charity organizations to solve complex community challenges through our training and coaching. We were able to train over 100 organizations, particularly in fundraising. Many continued their professional development in the fundraising curriculum and a coaching program titled FundingLogic(TM) that was developed to build a mastery of fundraising and leadership. A study of 31 nonprofit organizations that participate in fundraising training showed that their public support on Giving Hearts Day increased over a seven year period from $804,318 in donations in 2009 to $2.64 million in donations in 2016.Grant Writing Services: Since 2005, the Foundations have supported grant writing assistance for health-related nonprofit organizations to generate additional financial resources for their programs. Since the formal addition of grant writing assistance, the Foundations and other regional nonprofit organizations have secured over $25.4 million in grant funding.
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IRS990/MissionDesc0The mission of Impact Foundation (Impact) is to build the capacity of nonprofits, businesses, and individuals to maximize their community impact with an overall goal to dramatically improve its nonprofit partners' capacity to produce superior results. Impact operates exclusively for charitable, scientific, and educational purposes. To meet its primary purpose, Impact receives and administers donations, makes contributions to, and provides assistance to other nonprofit organizations. Impact has the power to establish, own, operate, control, conduct and maintain various organizations and programs to meet its primary purpose. Impact operates charitable initiatives designed to measurably improve society in areas including: economic development; health and healthcare access; education and training; and other philanthropic areas identified by donors.
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IRS990/PrincipalOfficerNm0J Patrick Traynor
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IRS990/ProgramServiceRevenueGrp/Desc0Give Back Membership d
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IRS990/ProgSrvcAccomActy2Grp/Desc0ECONOMIC DEVELOPMENTThe Foundations support the economic development of North Dakota communities by initiating and funding various initiatives directed at assisting small businesses located in North Dakota. In 2006, Impact in partnership with Dakota Certified Development Corporation (DCDC) established a Procurement Assistance Center (PAC) to provide research, technical assistance, and training to North Dakota small businesses assisting them in securing federal and state government contracts for their goods and services. In 2012, Impact renamed the PAC as a Procurement Technical Assistance Center (PTAC) and was provided funding by the Defense Logistics Agency (DLA), the North Dakota Department of Commerce (NDDC) and DCDC. In 2016, PTAC funding was continued with additional grants from DLA and NDDC. Technical assistance was provided to over 135 North Dakota businesses in 2016. Since inception, Impact's clients have obtained contracts totaling over $259 million of which approximately $125 million were Native American business contract dollars. It is estimated that 1,032 North Dakota jobs have been retained and/or created through the efforts of the Impact PTAC. In 2007, Impact entered into a 30-year $750,000 loan commitment with the USDA Office of Rural Development under its Intermediary Relending Loan Program (IRP). Impact committed an equity contribution of $187,500 creating a total loan pool of $937,500 available to qualifying North Dakota businesses at low interest rates. Dakota Certified Development Corporation (DCDC) provided a grant to Impact to meet the equity requirement under the terms of the USDA loan. DCDC manages the day-to-day operations of the IRP under an agreement with Impact. Since inception, Impact has provided nine (9) loans to small businesses in rural communities totaling over $916,942. As of December 31, 2016, Impact had six (6) loans outstanding with a total IRP Loans Receivable balance of $406,198 (net of allowance for doubtful accounts of $28,125) included in Part X, Line 13, Investments - Program Related and Schedule D Part VIII.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0239086
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNITY SUPPORTImpact provides grants to support community events, statewide nonprofit organizations and other societal improvement initiatives. Grants were provided for these purposes from established Impact charitable funds and from other grants and donor contributions received by the Foundations. Impact provided funding to restock the food shelter of the Great Plains Food Bank through support of the local Fill-the-Dome program.The Foundations have given back to North Dakota communities impacted by natural disasters. Impact stands ready to provide financial support in the event of future natural disasters by helping to coordinate fundraising efforts in North Dakota. Impact established and maintains a Clubs Fore Kids Initiative that promotes community youth golf programs by providing clubs, practice and play opportunities to those unable to afford the cost of participation. Fiscal Sponsorships: When aligned with Impact's mission, the Foundation provides fiscal sponsorship arrangements to community organizations desiring to obtain financial or other support for their charitable projects through grants, or to receive tax-deductible donations from individuals and other contributors through the sponsor. Sponsorship arrangements may range from a project or organization being included completely under Impact Foundation's 501(c)(3) umbrella to assistance to an organization establishing their own separate 501(c)(3) organization. Longspur Prairie Fund (Longspur): Longspur facilitates three types of projects in western Minnesota including: (1) prairie and wetland restoration involving the planting of marginal farmland with native grasses, forbs, and aquascapes in and around the Red River Valley; (2) support scholarship, education, and research in the arts and sciences directly connected to the area's wildlife, ecology, and agriculture; and (3) develop voluntary habitat adoption strategies in partnership with local farms, businesses, churches, and industries that are passionate about preserving the natural legacy of the region. Longspur is under contract with the Natural Resources Conservation Service (NRCS) to implement specific conservation practices. These practice costs are reimbursable on a cost share basis from the NRCS (75%) and the State of Minnesota's Re-invest in Minnesota (RIM) program (25%). During 2016, Longspur incurred $52,396 in land reclamation and other costs which are included in applicable expense categories under program services expense in Section IX, Statement of Functional Expenses.Women's Impact: works to create opportunities for women to connect and empower each other to make a positive impact in their lives, families and communities. The website (www.womensimpact.org) is developed as an inspiring and supportive online community for women to connect and make an impact in each other's lives. Women's Impact incurred $1,572 of costs which are included in applicable expense categories under program services expense in Section IX, Statement of Functional Expenses. Women's Impact was funded by contributions and registrations income during 2016. Venture Youth Alliance (VYA): Upon review of the goals of the Venture Youth Alliance (VYA), during 2015 it was determined by the remaining Board Members and Impact that a shift needed to be made. That shift included ending VYA and applying for a Substance Abuse and Mental Health Administration (SAMHSA) grant to build a collaborative movement (coalition) made up of a dynamic and significant group of key stakeholders that engage members across numerous sectors to address the need to prevent substance abuse among youth and to create a healthier environment for them. A multi-sector coalition was formed in August of 2015, and an application was submitted to SAMHSA in March 2016 and was awarded on August 31, 2016 for $125,000 a year for five years and the opportunity to apply for five additional years at $125,000 per year. The Coalition submitted a 13 Month Action Plan to SAMHSA w
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0482152
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0283390
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt020852
IRS990/ProgSrvcAccomActyOtherGrp/Desc0GIVEBACK INITIATIVEImpact launched its GiveBack Initiative in 2006 to inspire donors to substantially increase and improve the impact of their giving of time, talent, and treasure in North Dakota and western Minnesota communities. Grants from Dakota Medical Foundation, Alex Stern Family Foundation and various individual and corporate contributions provided the initial funding for this Initiative. Initiative strategies have focused on education and training for nonprofit organizations to become highly proficient fundraisers and to be more operationally efficient and effective. The initiative created new ways of thinking and new approaches surrounding wealth transfer and volunteerism in North Dakota and Minnesota.North Dakota Wealth Transfer: The Foundations initially commissioned and funded a North Dakota wealth transfer study in 2005 conducted by the Center on Wealth and Philanthropy at Boston College in Boston, Massachusetts. Impact has distributed the North Dakota Wealth Transfer Study to donors, community leaders, nonprofit organizations, attorneys, accountants, financial advisors, bank, and trust personnel in several North Dakota communities. Another North Dakota Wealth Transfer Report was commissioned by the Foundation in 2011, "Endless Possibilities on the Prairie: Unleashing North Dakota's Great Potential" 2007-2061, and associated data entitled "Communities with Possibilities". The new study concluded that through 2061 North Dakota households will give over $95 billion to charity and pay an estimated $39 billion in estate taxes. The supplement to Endless Possibilities is the first ever county level analysis of North Dakota wealth transfer. In 2012, Impact produced two educational videos about the North Dakota Wealth Transfer and the U.S. Wealth Transfer. The initiative's purpose is to provide valuable information to nonprofit organizations so that they can develop their fundraising to individuals, who provide eighty percent of the funding to U.S. nonprofits through private gifts. Regional Philanthropy Study: Impact commissioned the Regional High Impact Philanthropy Study in 2016 to gain a clearer view of why people in the region give money and time, how much, what motivates them and several other issues related to philanthropy, estate planning and charitable contributions in the Fargo-Moorhead area. Dakota Medical Foundation and Alex Stern Family Foundation funded the effort. A team of North Dakota State University and University of North Dakota researchers developed and conducted the study. The philanthropy study complements "Endless Possibilities on the Prairie: Unleashing North Dakota's Great Potential," which provided an overview of wealth transfer and projected wealth transfer in North Dakota from 2007 to 2061. The philanthropy study data will help area charities strategically position themselves to be part of this projected wealth transfer and give donors more information about how they can deepen the impacts of their gifts. Impact will incorporate information and insights gained through the study into training materials and future training sessions with regional charities.GiveBack Website: The website (www.impactgiveback.org) is designed to provide a one-stop information resource for donors to conveniently locate, review, volunteer and make contributions to over 500 nonprofit organizations in the region. Qualified nonprofit organizations in North Dakota and northwestern Minnesota are encouraged to place their organizational information on the website to easily connect with donors of time, talent and treasure. Donors are able to research and identify their favorite nonprofit organizations and to make contributions directly online using their credit card. Nonprofit organizations are able to utilize the website to receive contributions. Significant efforts and commitments have been made by Impact to enhance the website in order to better connect donors with nonprofit organizations that fit the donor's charitable go
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0244590
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IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt09940
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01776924
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01000
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
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IRS990ScheduleD/DonorAdvisedFundsHeldCnt01
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
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IRS990ScheduleD/ExpensesNotReportedAmt09754
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1IRP Revolving Fund
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IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0138000
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Fund is established by the Foundation as an endowed fund to promote and support initiatives, programs, and projects designed to make a significant impact in health and healthcare, education, economic development, and other charitable areas primarily benefiting residents of the state of North Dakota.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Impact Foundation has been recognized by the Internal Revenue Service as exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). Impact Foundation undergoes an annual analysis of its various tax positions, assessing the likelihood of these positions being upheld upon examination with relevant tax authorities, as defined by the generally accepted accounting principles. Impact Foundation believes that it is compliant with all IRS tax regulations and as of December 31, 2016 and 2015, has not recorded liabilities for income taxes. Impact Foundation will recognize future accrued interest and penalties related to unrecognized tax liabilities in income tax expense if incurred. Impact Foundation is no longer subject to federal and state tax examinations by tax authorities for years before 2013.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Revenue from consolidated subsidiary 5,674. Transfer of TEDx assets -24,328.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Expenses from consolidated subsidiary 9,754.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4Transfer of TEDx assets 24,328.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4Part XII, Line 4b - Other Adjustments:
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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01971026
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01347149
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt030402
IRS990ScheduleI/RecipientTable/CashGrantAmt144824
IRS990ScheduleI/RecipientTable/CashGrantAmt211250
IRS990ScheduleI/RecipientTable/CashGrantAmt37035
IRS990ScheduleI/RecipientTable/CashGrantAmt419500
IRS990ScheduleI/RecipientTable/CashGrantAmt55250
IRS990ScheduleI/RecipientTable/CashGrantAmt69800
IRS990ScheduleI/RecipientTable/CashGrantAmt77750
IRS990ScheduleI/RecipientTable/CashGrantAmt87350
IRS990ScheduleI/RecipientTable/CashGrantAmt96250
IRS990ScheduleI/RecipientTable/CashGrantAmt106000
IRS990ScheduleI/RecipientTable/CashGrantAmt116000
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IRS990ScheduleI/RecipientTable/CashGrantAmt155100
IRS990ScheduleI/RecipientTable/CashGrantAmt165000
IRS990ScheduleI/RecipientTable/CashGrantAmt175000
IRS990ScheduleI/RecipientTable/CashGrantAmt185000
IRS990ScheduleI/RecipientTable/CashGrantAmt1924328

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,775,937
Liabilities
$1,646,896
Net assets
$2,129,041
Revenue
$1,984,827
Expenses
$1,361,723
Net income
$623,104
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.31$0.52$8.78$4.59$2.74$1.85
2023Detailed filing. Detailed filing data is available for this year.$7.43$0.51$6.92$3.90$2.54$1.36
2022Detailed filing. Detailed filing data is available for this year.$6.19$0.57$5.62$3.04$1.75$1.29
2021Detailed filing. Detailed filing data is available for this year.$5.03$0.59$4.44$2.60$1.72$0.88
2020Detailed filing. Detailed filing data is available for this year.$4.23$0.71$3.52$2.55$2.10$0.45
2019Detailed filing. Detailed filing data is available for this year.$3.68$0.70$2.98$2.03$1.57$0.46
2018Detailed filing. Detailed filing data is available for this year.$3.71$1.12$2.60$2.03$1.91$0.12
2017Detailed filing. Detailed filing data is available for this year.$3.85$1.35$2.50$2.16$1.86$0.30
2016Detailed filing. Detailed filing data is available for this year.$3.78$1.65$2.13$1.98$1.36$0.62
2015Detailed filing. Detailed filing data is available for this year.$3.16$1.66$1.50$1.99$1.62$0.37
2014Detailed filing. Detailed filing data is available for this year.$2.52$1.39$1.13$1.33$1.14$0.20
2013Detailed filing. Detailed filing data is available for this year.$2.13$1.19$0.94$0.96$0.88$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$1.10$0.85$0.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.91$0.90$1.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.90$0.89$1.68