Liabilities / Assets
79th percentile
Higher debt load relative to assets than 79% of similar nonprofits.
Impact University Inc
990EZ • Fiscal year 2023 • EIN 30-0690032
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.04x
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
24th percentile
Higher net margin than 24% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 18.0% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
21st percentile
Faster revenue growth than 21% of similar nonprofits.
Balance Sheet
Assets
Down$54,229
Down $14,225 (-21%) from 2022
Net Assets
Down$52,100
Down $4,067 (-7.2%) from 2022
Liabilities
Down$2,129
Down $10,158 (-83%) from 2022
Revenue And Expenses
Revenue
Down$119,712
Down $45,032 (-27%) from 2022
Expenses
Down$133,811
Down $31,960 (-19%) from 2022
Net Income
Down-$14,099
Down $13,072 (-1273%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Aug 1, 2022 to Jul 31, 2023
- Signed
- Nov 15, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $119,712
Mission and Program Overview
Mission
A teaching/training center for the word of god and ministry.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 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. | - | $132,545 |
| IMPACT UNIVERSITY IS A TEACHING/TRAINING CENTER WHERE MEN AND WOMEN ARE TAUGHT THE UNCOMPRIMISING WORD OF GOD. | - | $1,266 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROBERT BARR | President | PT | $21,600 | - | $21,600 |
| DOSSIE POTEAT | Director | PT | $9,000 | - | $9,000 |
| SCOTT R FORREST | Director | PT | $0 | - | - |
| JACKIE COPELAND | Director | PT | $0 | - | - |
| MARILYN BARR | Director | PT | $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
- 2023-11-15
- 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 20,833 office expenses 3,069 travel & lodging 1,022 insurance 4,915 bank fees 2,672 graduation, dues & gifts 3,395 curriculum development 4,810 outside services 6 meals & entertainment 1,272 bad debt- tuition 8,703 continuing education 27 payroll processing 1,154 non-investment depreciation 1,266 total 53,144”
Form 990-ez, Part I, Line 20
“PPP LOAN FORGIVEN 10,031”
Form 990-ez, Part II, Line 24
“Accounts receivable 7,815 0 prepaid expenses and deferred charges 3,259 636 21,365 21,365 less accumulated depreciation 14,799 16,065 inventory 159 159 depreciable assets 0 0 total 17,799 6,095”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 2,255 2,129 unsecured notes and loans payable 10,031 0”
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 Appendix149 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | DONNA PARSONS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3367144048 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6255 TOWNCENTER DR 641 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CLEMMONS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27012 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 50655 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 48134 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -14099 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 36866 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 68454 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 54229 |
| IRS990EZ/GrossReceiptsAmt | 0 | 119712 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 4 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 56168 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 52100 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 56168 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 52100 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1485 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 21600 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 9000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROBERT BARR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SCOTT R FORREST |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JACKIE COPELAND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DOSSIE POTEAT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | MARILYN BARR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 17799 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 6095 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 10031 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 53144 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | A TEACHING/TRAINING CENTER FOR THE WORD OF GOD AND MINISTRY. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 372 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 119708 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | IMPACT UNIVERSITY IS A TEACHING/TRAINING CENTER WHERE MEN AND WOMEN ARE TAUGHT THE UNCOMPRIMISING WORD OF GOD. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 132545 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 1266 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 41944 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 12286 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2129 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 133811 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 133811 |
| IRS990EZ/TotalRevenueAmt | 0 | 119712 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.IMPACTUNIV.COM |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 20,833 OFFICE EXPENSES 3,069 TRAVEL & LODGING 1,022 INSURANCE 4,915 BANK FEES 2,672 GRADUATION, DUES & GIFTS 3,395 CURRICULUM DEVELOPMENT 4,810 OUTSIDE SERVICES 6 MEALS & ENTERTAINMENT 1,272 BAD DEBT- TUITION 8,703 CONTINUING EDUCATION 27 PAYROLL PROCESSING 1,154 NON-INVESTMENT DEPRECIATION 1,266 TOTAL 53,144 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PPP LOAN FORGIVEN 10,031 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 7,815 0 PREPAID EXPENSES AND DEFERRED CHARGES 3,259 636 21,365 21,365 LESS ACCUMULATED DEPRECIATION 14,799 16,065 INVENTORY 159 159 DEPRECIABLE ASSETS 0 0 TOTAL 17,799 6,095 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,255 2,129 UNSECURED NOTES AND LOANS PAYABLE 10,031 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | IMPACT UNIVERSITY IS A TEACHING/TRAINING CENTER WHERE MEN AND WOMEN ARE TAUGHT THE UNCOMPRIMISING WORD OF GOD. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT BARR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3366027526 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | IMPACT UNIVERSITY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | IMPA |
| ReturnHeader/Filer/EIN | 0 | 300690032 |
| ReturnHeader/Filer/PhoneNum | 0 | 3367144048 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 6255 TOWNCENTER DR 641 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CLEMMONS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27012 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 562005152 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GARY D MORGAN CPA PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 104 GRANITE LN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SALISBURY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 28146 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7042799300 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GARY D MORGAN CPA |
| ReturnHeader/ReturnTs | 0 | 2023-11-14T08:07:07-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | ROBERT |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BARR |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-08-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-07-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $54,229
- Liabilities
- $2,129
- Net assets
- $52,100
- Revenue
- $119,712
- Expenses
- $133,811
- Net income
- -$14,099