Civic Intelligence

Impact Ventures Accelerator DBA Impact Ventures

990EZ • Fiscal year 2020 • EIN 83-0699171

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

1808 S Good Latimer ExpyDallas, TX 75226

(469) 708-8815

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

88th percentile

50%

Higher net margin than 88% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

85th percentile

$24,250

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$95,866

No earlier filing loaded for comparison.

Net Assets

$95,585

No earlier filing loaded for comparison.

Liabilities

$281

No earlier filing loaded for comparison.

Revenue

$191,030

No earlier filing loaded for comparison.

Expenses

$95,895

No earlier filing loaded for comparison.

Net Income

$95,135

No earlier filing loaded for comparison.

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 2020: $95,866Liabilities 2020: $281Net Assets 2020: $95,5852020Assets 2021: $734,747Liabilities 2021: $218,596Net Assets 2021: $516,1512021Assets 2022: $1,294,794Liabilities 2022: $457,378Net Assets 2022: $837,4162022Assets 2023: $1,388,100Liabilities 2023: $550,725Net Assets 2023: $837,3752023Assets 2024: $1,750,741Liabilities 2024: $728,453Net Assets 2024: $1,022,2882024

Highlighted filing

2020

Assets$95,866
Liabilities$281
Net Assets$95,585

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2020: $191,030Expenses 2020: $95,895Net Income 2020: $95,1352020Revenue 2021: $756,802Expenses 2021: $341,549Net Income 2021: $415,2532021Revenue 2022: $995,724Expenses 2022: $674,459Net Income 2022: $321,2652022Revenue 2023: $1,103,467Expenses 2023: $1,104,472Net Income 2023: -$1,0052023Revenue 2024: $1,236,522Expenses 2024: $1,039,982Net Income 2024: $196,5402024

Highlighted filing

2020

Revenue$191,030
Expenses$95,895
Net Income$95,135
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$191,030
Mission and Program Overview

Mission

To empower talented, yet under-estimated Women and Communities of Color to build generational wealth through inclusive entrepreneurship, community wealth building, and integrated capital.

Program Services

DescriptionGrantsExpenses
Impact Ventures launched its flagship 12-week accelerator program supporting women and minority-led startups and small businesses. In 2020, the program supported 48 fellows, to raise $1.2M and create 51 jobs in the local community.$88,424-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Benjamin VannFounder & CEOFT$24,250-$24,250
Suzanne SmithPresident-$0--
Mackenzie CauseySecretary-$0--
Taylor ReadyDirector-$0--
Tia BradleyDirector-$0--
Greer ChristianTreasurer-$0--
Ted HillVice President-$0--
Stephone CowardDirector-$0--
Ben MagillDirector-$0--
Laci MckinneyDirector-$0--
Nancy St JacobsDirector-$0--
Filing and Contact Details

Filer

Filer Name
Impact Ventures Accelerator
EIN
83-0699171
Phone
4697088815
Address
1808 S Good Latimer Expy, Dallas, TX 75226

Signing Officer

Name
Benjamin Vann
Title
Founder & CEO
Signed
2021-11-10
Discuss with paid preparer
Yes

Preparer

Firm
CMRosen LLC
Address
17440 Dallas Pkwy Ste 218, Dallas, TX 75287
Preparer
Chad M Rosen CPA
Phone
9728181400
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $383

Other Expenses.1002

Office Expenses $513

Other Expenses.1003

Information Technology $9973

Other Expenses.1005

Travel $97

Other Expenses.1007

Conferences, Conventions, and Meetings $872

Other Expenses.1012

Insurance $424

Other Expenses.1

Other Supplies and Materials $5350

Other Expenses.2

Professional Development $306

Other Expenses.4

Licenses and Permits $51

Other Assets.1003

Machinery and Equipment - Beginning $0 Machinery and Equipment - Ending $422

Other Assets.1005

Accounts Receivable - Beginning $0 Accounts Receivable - Ending $1000

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $0 Payable to Officers, Directors, Etc. - Ending $281

Raw XML Appendix199 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $383
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $513
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Benjamin Vann
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Founder & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Impact Ventures Accelerator
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0dba Impact Ventures
ReturnHeader/Filer/BusinessNameControlTxt0IMPA
ReturnHeader/Filer/EIN0830699171
ReturnHeader/Filer/PhoneNum04697088815
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt017440 Dallas Pkwy Ste 218
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
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ReturnHeader/PreparerPersonGrp/PhoneNum09728181400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Chad M Rosen CPA
ReturnHeader/ReturnTs02021-11-11T14:51:05-08:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Vann
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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