Civic Intelligence

New Impact

990 • Fiscal year 2020 • EIN 84-4671011

Feb 05, 2020 to Dec 31, 2020 • Filed on Oct 19, 2021

4111 Madison Ave Suite 56Seattle, WA 98122

(206) 359-8528

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.08x

Higher debt load relative to assets than 73% 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

46th percentile

2.8%

Higher net margin than 46% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% 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

$11,765

No earlier filing loaded for comparison.

Net Assets

$10,839

No earlier filing loaded for comparison.

Liabilities

$926

No earlier filing loaded for comparison.

Revenue

$388,079

No earlier filing loaded for comparison.

Expenses

$377,240

No earlier filing loaded for comparison.

Net Income

$10,839

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.

$400K$200K$0-$200K-$400KAssets 2020: $11,765Liabilities 2020: $926Net Assets 2020: $10,8392020Assets 2021: $133,413Liabilities 2021: $338,495Net Assets 2021: -$205,0822021Assets 2022: $57,470Liabilities 2022: $32,302Net Assets 2022: $25,1682022Assets 2023: $39,527Liabilities 2023: $13,556Net Assets 2023: $25,9712023Assets 2024: $25,531Liabilities 2024: $18,772Net Assets 2024: $6,7592024

Highlighted filing

2020

Assets$11,765
Liabilities$926
Net Assets$10,839

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2020: $388,079Expenses 2020: $377,240Net Income 2020: $10,8392020Revenue 2021: $765,355Expenses 2021: $981,276Net Income 2021: -$215,9212021Revenue 2022: $1,153,682Expenses 2022: $923,432Net Income 2022: $230,2502022Revenue 2023: $314,007Expenses 2023: $313,204Net Income 2023: $8032023Revenue 2024: $247,260Expenses 2024: $266,472Net Income 2024: -$19,2122024

Highlighted filing

2020

Revenue$388,079
Expenses$377,240
Net Income$10,839
Jump To
Filing Snapshot
Filing Period
Feb 5, 2020 to Dec 31, 2020
Signed
Oct 19, 2021
Return Version
2020v4.1
Gross Receipts
$388,079
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$6,643-
Prepaid Expenses and Deferred Charges-$5,122-
Total Assets$0$11,765▲ $11,765
Liabilities
Accounts Payable and Accrued Expenses-$926-
Total Liabilities$0$926▲ $926
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$0$10,839▲ $10,839
Net Assets With Donor Restrictions$0--
Total Net Assets Fund Balance$0$10,839▲ $10,839
Total Liabilities and Net Assets / Fund Balance$0$11,765▲ $11,765
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jens MolbakDirector & President
Maria EitelDirector & Vice President
Robert LillenessDirector, Secretary & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$341,079
Program Service Revenue
$47,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$341,079
Change in Net Assets
$10,839
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$232,683
Salaries, Compensation, and Employee Benefits$144,557
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$84,625$45,375-$130,000
Information Technology$108,896--$108,896
Fees for Services Other$23,450$59,438-$82,888
Fees for Services Legal-$17,683-$17,683
Payroll Taxes$7,483$4,203-$11,686
Insurance-$10,057-$10,057
Fees for Services Accounting-$3,621-$3,621
Other Employee Benefits$1,876$995-$2,871
Office Expenses-$1,117-$1,117
Other Expenses-$978-$978
Total Functional Expenses$226,330$150,910$0$377,240
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
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

A copy of the 990 is distributed to the Board for review and approval prior to filing.

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

Each board member is required to review and disclose any conflicts of interest on an annual basis.

Form 990, Part VI, Section B, line 15

Line 15a. It is the policy of the organization to pay no more than reasonable compensation that is commensurate with the services rendered to the organization. Line 15b. The compensation of officers and key employees of the organization must be approved by the board and the officer or employee who may benefit may not participate in any board or committee deliberation or vote concerning the compensaton.

Form 990, Part VI, Section C, line 19

Available upon request.

Filing and Contact Details

Filer

Filer Name
New Impact
EIN
84-4671011
Phone
2063598528
Address
4111 Madison Ave Suite 56, Seattle, WA 98122

Signing Officer

Name
Jens Molbak
Title
President
Phone
2063598528
Signed
2021-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jens Molbak
Formed
2020
Legal Domicile
Wa
Voting Board Members
3
Independent Board Members
2
Employees
2
Volunteers
11

Preparer

Firm
Greenwood Ohlund PS
Address
4241 21st Ave W Suite 400, Seattle, WA 98199
Preparer
Amanda O'Rourke CPA
Phone
2067821767
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1, Description of Organization Mission:

New Impact seeks to change the way the world finds opportunities and solves problems. We passionately work to forge tri-sector innovation and unleash massive global resources for economic, social, and environmental progress. We aim to unleash an army of inspired and enabled innovators in companies, nonprofits, and government agencies to create the tri-sector wins for their own organizations. With 1000s of organizations engaged and delivering tri-sector wins across the spectrum of impact areas, people will see the benefits in their daily lives.

Form 990, Part III, Line 1, Description of Organization Mission:

New Impact seeks to change the way the world finds opportunities and solves problems. We passionately work to forge tri-sector innovation and unleash massive global resources for economic, social, and environmental progress. We aim to unleash an army of inspired and enabled innovators in companies, nonprofits, and government agencies to create the tri-sector wins for their own organizations. With 1000s of organizations engaged and delivering tri-sector wins across the spectrum of impact areas, people will see the benefits in their daily lives.

Form 990, Part IX, line 11G

Payroll Admin: Program service expenses 0. Management and general expenses 504. Fundraising expenses 0. Total expenses 504. Admin Fees: Program service expenses 0. Management and general expenses 39,818. Fundraising expenses 0. Total expenses 39,818. Consulting: Program service expenses 0. Management and general expenses 19,116. Fundraising expenses 0. Total expenses 19,116. Other service fees: Program service expenses 23,450. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,450.

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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/ProgSrvcAccomActy3Grp/ExpenseAmt040456
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Civic Commons Scorecard - Work undertaken to integrate Civic Commons Scorecard labeling into the Community Insight tool (under development with UW iSchool)Destination Cleveland - Collaboration with a group of Cleveland-based civic volunteers to create tri-sector innovation opportunity in support of economic growth in the Cleveland area.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0New Impact seeks to change the way the world finds opportunities and solves problems. We passionately work to forge tri-sector innovation and unleash massive global resources for economic, social, and environmental progress. We aim to unleash an army of inspired and enabled innovators in companies, nonprofits, and government agencies to create the tri-sector wins for their own organizations. With 1000s of organizations engaged and delivering tri-sector wins across the spectrum of impact areas, people will see the benefits in their daily lives.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1New Impact seeks to change the way the world finds opportunities and solves problems. We passionately work to forge tri-sector innovation and unleash massive global resources for economic, social, and environmental progress. We aim to unleash an army of inspired and enabled innovators in companies, nonprofits, and government agencies to create the tri-sector wins for their own organizations. With 1000s of organizations engaged and delivering tri-sector wins across the spectrum of impact areas, people will see the benefits in their daily lives.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A copy of the 990 is distributed to the Board for review and approval prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Each board member is required to review and disclose any conflicts of interest on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Line 15a. It is the policy of the organization to pay no more than reasonable compensation that is commensurate with the services rendered to the organization. Line 15b. The compensation of officers and key employees of the organization must be approved by the board and the officer or employee who may benefit may not participate in any board or committee deliberation or vote concerning the compensaton.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Payroll Admin: Program service expenses 0. Management and general expenses 504. Fundraising expenses 0. Total expenses 504. Admin Fees: Program service expenses 0. Management and general expenses 39,818. Fundraising expenses 0. Total expenses 39,818. Consulting: Program service expenses 0. Management and general expenses 19,116. Fundraising expenses 0. Total expenses 19,116. Other service fees: Program service expenses 23,450. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,450.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1, Description of Organization Mission:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 1, Description of Organization Mission:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, line 11g
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IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04111 Madison Ave Suite 56
IRS990/USAddress/CityNm0Seattle
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098122
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0www.newimpact.care
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Jens Molbak
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02063598528
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0New Impact
ReturnHeader/Filer/BusinessNameControlTxt0NEWI
ReturnHeader/Filer/EIN0844671011
ReturnHeader/Filer/PhoneNum02063598528
ReturnHeader/Filer/USAddress/AddressLine1Txt04111 Madison Ave Suite 56
ReturnHeader/Filer/USAddress/CityNm0Seattle
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098122
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910873571
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Greenwood Ohlund PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04241 21st Ave W Suite 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Seattle
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098199
ReturnHeader/PreparerPersonGrp/PhoneNum02067821767
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Amanda O'Rourke CPA
ReturnHeader/ReturnTs02021-10-19T17:24:43-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jens
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Molbak
ReturnHeader/TaxPeriodBeginDt02020-02-05
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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