Civic Intelligence

Impact 2030 Inc

990 • Fiscal year 2016 • EIN 47-3266425

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

1199 N Fairfax StreetAlexandria, VA 22314

(703) 717-5243

Siviq Scores

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

Liabilities / Assets

60th percentile

0.09x

Higher debt load relative to assets than 60% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

77th percentile

0.26x

Higher debt load relative to revenue than 77% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

2nd percentile

-242%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

68th percentile

$54,599

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

3rd percentile

-44%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

2nd percentile

-82%

Faster revenue growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$925,396

Down $733,117 (-44%) from 2015

Net Assets

Down

$840,293

Down $798,988 (-49%) from 2015

Liabilities

Up

$85,103

Up $65,871 (+343%) from 2015

Revenue

Down

$329,572

Down $1,452,928 (-82%) from 2015

Expenses

Up

$1,128,560

Up $985,341 (+688%) from 2015

Net Income

Down

-$798,988

Down $2,438,269 (-149%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2015: $1,658,513Liabilities 2015: $19,232Net Assets 2015: $1,639,2812015Assets 2016: $925,396Liabilities 2016: $85,103Net Assets 2016: $840,2932016Assets 2017: $642,506Liabilities 2017: $158,054Net Assets 2017: $484,4522017Assets 2018: $739,605Liabilities 2018: $95,803Net Assets 2018: $643,8022018Assets 2019: $490,084Liabilities 2019: $146,534Net Assets 2019: $343,5502019Assets 2020: $49,233Liabilities 2020: $28,170Net Assets 2020: $21,0632020

Highlighted filing

2016

Assets$925,396
Liabilities$85,103
Net Assets$840,293

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2015: $1,782,500Expenses 2015: $143,219Net Income 2015: $1,639,2812015Revenue 2016: $329,572Expenses 2016: $1,128,560Net Income 2016: -$798,9882016Revenue 2017: $543,007Expenses 2017: $898,848Net Income 2017: -$355,8412017Revenue 2018: $1,058,737Expenses 2018: $899,387Net Income 2018: $159,3502018Revenue 2019: $354,690Expenses 2019: $654,942Net Income 2019: -$300,2522019Revenue 2020: $180,618Expenses 2020: $474,511Net Income 2020: -$293,8932020

Highlighted filing

2016

Revenue$329,572
Expenses$1,128,560
Net Income-$798,988
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 8, 2017
Return Version
2016v3.0
Gross Receipts
$329,572
Mission and Program Overview

Mission

Impact 2030 is the only private sector led effort designed to marshal the power of human capital investments to address the u.n. Sustainable development goals and the first time that companies will unite their corporate volunteering efforts to address the u.n. Development agenda through collaboration and partnership. Impact 2030 believes that a commitment to corporate volunteering - when used in concert with the united nations, peer companies, government, academia and civil society - is a powerful tool to accelerate the global achievement of the sustainable development and inspire the private sector to positive action.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$750,643$562,048▼ $188,595
Pledges and Grants Receivable$907,870$356,461▼ $551,409
Prepaid Expenses and Deferred Charges-$4,287-
Total Assets$1,658,513$925,396▼ $733,117
Other Assets Total$0$2,600▲ $2,600
Liabilities
Accounts Payable and Accrued Expenses$19,232$85,103▲ $65,871
Total Liabilities$19,232$85,103▲ $65,871
Net Assets / Fund Balance
Unrestricted Net Assets$779,281$667,460▼ $111,821
Temporarily Rstr Net Assets$860,000$172,833▼ $687,167
Total Net Assets Fund Balance$1,639,281$840,293▼ $798,988
Total Liabilities and Net Assets / Fund Balance$1,658,513$925,396▼ $733,117
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Tauni S LanierExecutive DirectorFT$52,027$2,572$54,599

Board Members and Trustees

NameTitle
Grady LeeChair
Sue StephensonVice Chair
Chris JarvisBoard of Director
Mark MilliganCFO

Highest Paid Contractors

ContractorServicesLocationCompensation
Global ImpactManagement1199 NORTH FAIRFAX ST, Alexandria, VA 22314$160,869
Revenue and Support

Revenue Composition

Contributions and Grants
$270,163
Program Service Revenue
$59,173
Investment Income
$0
Other Revenue
$236
All Other Contributions
$270,163
Change in Net Assets
$-798,988

Audited Revenue Reconciliation

Revenue per Audited Statements
$329,572
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$329,572
Total Revenue per Form 990
$329,572
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$850,109
Salaries, Compensation, and Employee Benefits$263,451
Total Fundraising Expense$68,593
Grants and Similar Amounts Paid$15,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$475,636--$475,636
Other Salaries and Wages$23,248$146,791$16,295$186,334
Fees for Services Other$72,109$27,464$39,140$138,713
Travel$98,322$16,880$5,460$120,662
Current Officers, Directors, Trustees, and Key Employees$6,812$43,012$4,775$54,599
Fees for Services Accounting-$32,648-$32,648
Office Expenses$14,158$11,141$151$25,450
Other Employee Benefits$2,075$13,099$1,454$16,628
Foreign Grants$15,000--$15,000
Occupancy-$9,750-$9,750
Payroll Taxes$634$4,812$444$5,890
Insurance-$5,826-$5,826
Other Expenses$612$5,093$29$5,093
All Other Expenses$1,160$3,405-$4,565
Fees for Services Legal-$2,464-$2,464
Advertising$1,092$416$593$2,101
Information Technology$464$177$252$893
Total Functional Expenses$711,322$348,645$68,593$1,128,560

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,128,560
Total Expenses per Audited Statements$1,128,560
Total Expenses per Form 990$1,128,560
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$15,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaGrants to Receiptients Located in the Region-00$15,000
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
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 was prepared by outside accountants and was reviewed and approved by the board before it was filed with the irs.

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

All new board members and consultants complete and sign a conflict of interest form. All individuals complete a new conflict of interest form at the beginning of each fiscal year. If, during the year, a change of circumstances occurs which, creates an actual or potential conflict of interest, individuals must notify impact 2030, inc. By completing a new conflict of interest form. Procedures for addressing the conflict of interest: a. An interested person makes a presentation at the governing board or committee meeting, but, after the presentation, he/she leaves the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the governing board or committee, if appropriate, appoints a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the governing board or committee determines whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee determines by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it makes its decision as to whether to enter into the transaction or arrangement. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it informs the member of the basis for such belief and affords the member an opportunity to explain the alleged failure to disclose.

Form 990, Part VI, Section B, Line 15

The salary range for the executive director position, based on the experience required, was determined based on guidance and recommendations from diversified search, the executive search firm selected for the assignment, based on the survey data they maintain. Diversified search was recommended by a member of the impact2030 executive committee (founding partner company representative) and was one of three executive search firms impact2030 interviewed, all with nonprofit executive director recruitment experience. The salary range and offer was approved by the impact2030 board and founding partner executive committee (impact2030 funders). The deliberation process was documented in the board meeting minutes.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Impact 2030 Inc
EIN
47-3266425
Phone
7037175243
Address
1199 N FAIRFAX STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Sue Stephenson
Title
Executive Director
Phone
7037175243
Signed
2017-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sue Stephenson
Formed
2015
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
1
Volunteers
7

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 650N, BETHESDA, MD 20814-2930
Phone
3019519090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Administration: program service expenses 14,585. Management and general expenses 5,555. Fundraising expenses 7,917. Total expenses 28,057. Partnership: program service expenses 19,693. Management and general expenses 7,501. Fundraising expenses 10,689. Total expenses 37,883. Connections and coordinations: program service expenses 7,118. Management and general expenses 2,711. Fundraising expenses 3,864. Total expenses 13,693. Biennial summit: program service expenses 19,349. Management and general expenses 7,369. Fundraising expenses 10,502. Total expenses 37,220. Measurement: program service expenses 11,364. Management and general expenses 4,328. Fundraising expenses 6,168. Total expenses 21,860.

Financial Statement Notes

PART X, LINE 2:

For the year ended december 31, 2016, impact 2030 has documented its consideration of fasb asc 740-10, income taxes, that provides guidance for reporting uncertainty in income taxes and has determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements.

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IRS990/Desc0CONNECTIONS & COORDINATION: CURATED A BIENNIAL GLOBAL SUMMIT FOR PARTNERS, STAKEHOLDERS, AND VOLUNTEERS IN THE IMPACT 2030 TO CONVENE TO DETERMINE THE STRATEGY FOR ACHIEVING IMPACT 2030'S MISSION AND TO CONNECT WITH OTHER ATTENDEES FOR THE PURPOSE OF ENCOURAGING COLLABORATION. COORDINATED VOLUNTEERS GLOBALLY TO LEAD CORPORATIONS IN THEIR RESPECTIVE REGIONS IN ADOPTING BEST PRACTICES AND SPREADING KNOWLEDGE ABOUT LEVERAGING HUMAN CAPITAL INVESTMENTS FOR THE ATTAINMENT OF THE SDGS, AND FOR RECRUITING NEW CORPORATIONS TO JOIN IMPACT 2030'S COALITION. ACTION TEAMS CONVENED TO DETERMINE MEASUREMENT METHODOLOGIES, BODIES OF KNOWLEDGE AND BEST PRACTICES, AND REGIONAL-SPECIFIC ENDEAVORS TO RELATE TO THE PROMOTION, IMPLEMENTATION, AND MEASUREMENT OF CORPORATE VOLUNTEERISM ALIGNED WITH THE SDGS.
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IRS990/MissionDesc0IMPACT 2030 IS THE ONLY PRIVATE SECTOR LED EFFORT DESIGNED TO MARSHAL THE POWER OF HUMAN CAPITAL INVESTMENTS TO ADDRESS THE U.N. SUSTAINABLE DEVELOPMENT GOALS AND THE FIRST TIME THAT COMPANIES WILL UNITE THEIR CORPORATE VOLUNTEERING EFFORTS TO ADDRESS THE U.N. DEVELOPMENT AGENDA THROUGH COLLABORATION AND PARTNERSHIP. IMPACT 2030 BELIEVES THAT A COMMITMENT TO CORPORATE VOLUNTEERING - WHEN USED IN CONCERT WITH THE UNITED NATIONS, PEER COMPANIES, GOVERNMENT, ACADEMIA AND CIVIL SOCIETY - IS A POWERFUL TOOL TO ACCELERATE THE GLOBAL ACHIEVEMENT OF THE SUSTAINABLE DEVELOPMENT AND INSPIRE THE PRIVATE SECTOR TO POSITIVE ACTION.
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IRS990/PayrollTaxesGrp/TotalAmt05890
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0907870
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0356461
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04287
IRS990/PrincipalOfficerNm0SUE STEPHENSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt059173
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt059173
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01782500
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0143219
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01639281
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0143219
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01782500
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-798988
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt059173
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION'S FIRST YEAR OF OPERATIONS IS A SHORT YEAR. THEREFORE, THE 2015 COLUMN INCLUDES A SHORT YEAR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEUDLE A, PART II
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0270163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01782500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02052663
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt059173
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0236
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0236
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0708243
IRS990ScheduleA/SubstantialContributorsTotAmt01344420
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0270163
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01782500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02052663
IRS990ScheduleA/TotalSupportAmt02052899
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01128560
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0329572
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FOR THE YEAR ENDED DECEMBER 31, 2016, IMPACT 2030 HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01128560
IRS990ScheduleD/TotalRevenuePerForm990Amt0329572
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0329572
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01128560
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt015000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0NORTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS TO RECEIPTIENTS LOCATED IN THE REGION
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt015000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0SPONSORSHIP TO THE 2016 POST-2015 FUND.
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0NORTH AMERICA
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt015000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MADE A SPONSORSHIP CONTRIBUITON TO AN EVENT. IMPACT 2030 WORKED CLOSELY WITH THE ORGANIZATION TO ENSURE THAT FUNDS WERE USED FOR CHARITABLE AND EDUCATIONAL PURPOSES.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt00
IRS990ScheduleF/TotalSpentAmt015000
IRS990ScheduleF/TransferToForeignCorpInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS AND WAS REVIEWED AND APPROVED BY THE BOARD BEFORE IT WAS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL NEW BOARD MEMBERS AND CONSULTANTS COMPLETE AND SIGN A CONFLICT OF INTEREST FORM. ALL INDIVIDUALS COMPLETE A NEW CONFLICT OF INTEREST FORM AT THE BEGINNING OF EACH FISCAL YEAR. IF, DURING THE YEAR, A CHANGE OF CIRCUMSTANCES OCCURS WHICH, CREATES AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, INDIVIDUALS MUST NOTIFY IMPACT 2030, INC. BY COMPLETING A NEW CONFLICT OF INTEREST FORM. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: A. AN INTERESTED PERSON MAKES A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT, AFTER THE PRESENTATION, HE/SHE LEAVES THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE, IF APPROPRIATE, APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE DETERMINES WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT MAKES ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORDS THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SALARY RANGE FOR THE EXECUTIVE DIRECTOR POSITION, BASED ON THE EXPERIENCE REQUIRED, WAS DETERMINED BASED ON GUIDANCE AND RECOMMENDATIONS FROM DIVERSIFIED SEARCH, THE EXECUTIVE SEARCH FIRM SELECTED FOR THE ASSIGNMENT, BASED ON THE SURVEY DATA THEY MAINTAIN. DIVERSIFIED SEARCH WAS RECOMMENDED BY A MEMBER OF THE IMPACT2030 EXECUTIVE COMMITTEE (FOUNDING PARTNER COMPANY REPRESENTATIVE) AND WAS ONE OF THREE EXECUTIVE SEARCH FIRMS IMPACT2030 INTERVIEWED, ALL WITH NONPROFIT EXECUTIVE DIRECTOR RECRUITMENT EXPERIENCE. THE SALARY RANGE AND OFFER WAS APPROVED BY THE IMPACT2030 BOARD AND FOUNDING PARTNER EXECUTIVE COMMITTEE (IMPACT2030 FUNDERS). THE DELIBERATION PROCESS WAS DOCUMENTED IN THE BOARD MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ADMINISTRATION: PROGRAM SERVICE EXPENSES 14,585. MANAGEMENT AND GENERAL EXPENSES 5,555. FUNDRAISING EXPENSES 7,917. TOTAL EXPENSES 28,057. PARTNERSHIP: PROGRAM SERVICE EXPENSES 19,693. MANAGEMENT AND GENERAL EXPENSES 7,501. FUNDRAISING EXPENSES 10,689. TOTAL EXPENSES 37,883. CONNECTIONS AND COORDINATIONS: PROGRAM SERVICE EXPENSES 7,118. MANAGEMENT AND GENERAL EXPENSES 2,711. FUNDRAISING EXPENSES 3,864. TOTAL EXPENSES 13,693. BIENNIAL SUMMIT: PROGRAM SERVICE EXPENSES 19,349. MANAGEMENT AND GENERAL EXPENSES 7,369. FUNDRAISING EXPENSES 10,502. TOTAL EXPENSES 37,220. MEASUREMENT: PROGRAM SERVICE EXPENSES 11,364. MANAGEMENT AND GENERAL EXPENSES 4,328. FUNDRAISING EXPENSES 6,168. TOTAL EXPENSES 21,860.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0860000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0172833
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01658513
IRS990/TotalAssetsEOYAmt0925396
IRS990/TotalAssetsGrp/BOYAmt01658513
IRS990/TotalAssetsGrp/EOYAmt0925396
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0270163
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt068593
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0348645
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0711322
IRS990/TotalFunctionalExpensesGrp/TotalAmt01128560
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019232
IRS990/TotalLiabilitiesEOYAmt085103
IRS990/TotalLiabilitiesGrp/BOYAmt019232
IRS990/TotalLiabilitiesGrp/EOYAmt085103
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01639281
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0840293
IRS990/TotalOtherCompensationAmt02572
IRS990/TotalProgramServiceExpensesAmt0711322
IRS990/TotalProgramServiceRevenueAmt059173
IRS990/TotalReportableCompFromOrgAmt052027
IRS990/TotalRevenueGrp/ExclusionAmt0236
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt059173
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0329572
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01658513
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0925396
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt05460
IRS990/TravelGrp/ManagementAndGeneralAmt016880
IRS990/TravelGrp/ProgramServicesAmt098322
IRS990/TravelGrp/TotalAmt0120662
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0779281
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0667460
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01199 N FAIRFAX STREET
IRS990/USAddress/CityNm0ALEXANDRIA
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022314
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.IMPACT2030.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

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