Civic Intelligence

Impact University Inc

EIN 30-0690032 • 501(c)3 • Clemmons, NC

Profile

A teaching/training cente for the Word of God and ministry.

6255 Towncenter Dr 641Clemmons, NC 27012

www.impactuniv.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

29th percentile

-12%

Higher net margin than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$21,600

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 18.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

37th percentile

-11%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2023

Revenue Growth

45th percentile

-4.9%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2023

Assets

Up

$74,076

Up $19,847 (+37%) from 2023

Liabilities

Down

$1,417

Down $712 (-33%) from 2023

Net Assets

Up

$72,659

Up $20,559 (+39%) from 2023

Revenue

Up

$153,941

Up $34,229 (+29%) from 2023

Expenses

Down

$133,383

Down $428 (-0.3%) from 2023

Net Income

Up

$20,558

Up $34,657 (+246%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2013: $31,862Liabilities 2013: $429Net Assets 2013: $31,4332013Assets 2014: $29,799Liabilities 2014: $1,306Net Assets 2014: $28,4932014Assets 2015: $28,528Liabilities 2015: $1,124Net Assets 2015: $27,4042015Assets 2016: $42,951Liabilities 2016: $741Net Assets 2016: $42,2102016Assets 2017: $55,566Liabilities 2017: $1,257Net Assets 2017: $54,3092017Assets 2018: $83,071Liabilities 2018: $556Net Assets 2018: $82,5152018Assets 2019: $84,447Liabilities 2019: $1,808Net Assets 2019: $82,6392019Assets 2020: $77,118Liabilities 2020: $14,250Net Assets 2020: $62,8682020Assets 2021: $71,107Liabilities 2021: $11,954Net Assets 2021: $59,1532021Assets 2022: $68,454Liabilities 2022: $12,287Net Assets 2022: $56,1672022Assets 2023: $54,229Liabilities 2023: $2,129Net Assets 2023: $52,1002023Assets 2024: $74,076Liabilities 2024: $1,417Net Assets 2024: $72,6592024

Highlighted filing

2024

Assets$74,076
Liabilities$1,417
Net Assets$72,659

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2013: $138,062Expenses 2013: $124,123Net Income 2013: $13,9392013Revenue 2014: $129,641Expenses 2014: $132,581Net Income 2014: -$2,9402014Revenue 2015: $137,467Expenses 2015: $138,556Net Income 2015: -$1,0892015Revenue 2016: $138,685Expenses 2016: $125,061Net Income 2016: $13,6242016Revenue 2017: $160,262Expenses 2017: $148,163Net Income 2017: $12,0992017Revenue 2018: $156,628Expenses 2018: $128,300Net Income 2018: $28,3282018Revenue 2019: $163,680Expenses 2019: $163,556Net Income 2019: $1242019Revenue 2020: $139,366Expenses 2020: $157,881Net Income 2020: -$18,5152020Revenue 2021: $145,519Expenses 2021: $158,576Net Income 2021: -$13,0572021Revenue 2022: $164,744Expenses 2022: $165,771Net Income 2022: -$1,0272022Revenue 2023: $119,712Expenses 2023: $133,811Net Income 2023: -$14,0992023Revenue 2024: $153,941Expenses 2024: $133,383Net Income 2024: $20,5582024

Highlighted filing

2024

Revenue$153,941
Expenses$133,383
Net Income$20,558

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Nov 23, 2024
Return Version
2023v5.0
Gross Receipts
$153,941
Mission and Program Overview

Mission

A teaching/training center for the word of god and ministry.

Program Services

DescriptionGrantsExpenses
IMPACT UNIVERSITY IS A TEACHING/TRAINING CENTER WHERE MEN AND WOMEN ARE TAUGHT THE UNCOMPROMISING WORD OF GOD. IMPACT ALSO DESIRES TO IMPART PRACTICAL INSIGHT INTO THE NUTS AND BOLTS OF SUCCESSFUL AND ENDURING MINISTRIES.-$132,114
IMPACT UNIVERSITY IS A TEACHING/TRAINING CENTER WHERE MEN AND WOMEN ARE TAUGHT THE UNCOMPRIMISING WORD OF GOD.-$1,269
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT BARRPresidentPT$22,100-$22,100
SCOTT R FORRESTVice PresidePT$0--
JACKIE COPELANDTreasurerPT$0--
ROBERTO LOMASSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Impact University Inc
EIN
30-0690032
Phone
3367144048
Address
6255 TOWNCENTER DR 641, CLEMMONS, NC 27012

Signing Officer

Name
Robert Barr
Title
President
Phone
3366027526
Signed
2024-11-23
Discuss with paid preparer
Yes

Preparer

Firm
Gary D Morgan CPA Pa
Address
104 GRANITE LN, SALISBURY, NC 28146
Preparer
Gary D Morgan CPA
Phone
7042799300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 27,902 office expenses 1,143 office equipment 411 travel & lodging 2,178 interest 31 insurance 5,192 bank fees 3,512 graduation, dues & gifts 2,939 curriculum development 7,157 misc expenses 247 supplies & materials 1,205 meals & entertainment 643 equipment 1,939 payroll processing 1,202 donations 400 non-investment depreciation 1,269 total 57,370

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 636 0 21,365 21,365 less accumulated depreciation 16,065 17,336 inventory 159 0 total 6,095 4,029

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 2,128 1,417

Form 990-ez, Part III, Line 28

Impact university is a teaching/training center where men and women are taught the uncompromising word of god. Impact also desires to impart practical insight into the nuts and bolts of successful and enduring ministries.

Form 990-ez, Part III, Line 31

Impact university is a teaching/training center where men and women are taught the uncomprimising word of god.

Raw XML Appendix140 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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IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
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IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 27,902 OFFICE EXPENSES 1,143 OFFICE EQUIPMENT 411 TRAVEL & LODGING 2,178 INTEREST 31 INSURANCE 5,192 BANK FEES 3,512 GRADUATION, DUES & GIFTS 2,939 CURRICULUM DEVELOPMENT 7,157 MISC EXPENSES 247 SUPPLIES & MATERIALS 1,205 MEALS & ENTERTAINMENT 643 EQUIPMENT 1,939 PAYROLL PROCESSING 1,202 DONATIONS 400 NON-INVESTMENT DEPRECIATION 1,269 TOTAL 57,370
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 636 0 21,365 21,365 LESS ACCUMULATED DEPRECIATION 16,065 17,336 INVENTORY 159 0 TOTAL 6,095 4,029
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,128 1,417
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IMPACT UNIVERSITY IS A TEACHING/TRAINING CENTER WHERE MEN AND WOMEN ARE TAUGHT THE UNCOMPROMISING WORD OF GOD. IMPACT ALSO DESIRES TO IMPART PRACTICAL INSIGHT INTO THE NUTS AND BOLTS OF SUCCESSFUL AND ENDURING MINISTRIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IMPACT UNIVERSITY IS A TEACHING/TRAINING CENTER WHERE MEN AND WOMEN ARE TAUGHT THE UNCOMPRIMISING WORD OF GOD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-23
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-12-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARY D MORGAN CPA
ReturnHeader/ReturnTs02024-12-16T08:55:06-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-08-01
ReturnHeader/TaxPeriodEndDt02024-07-31
ReturnHeader/TaxYr02023

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