Common Impact Inc

Nonprofit profile at a glance

EIN
300440394
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Brooklyn, NY, USA
Phone
6464939977
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$3,035,483
Expenses
$3,608,750
Assets
$2,870,437
Liabilities
$901,486

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • ALLEN CARNEY (PRESIDENT, THRU 7/1/2024)
  • ANNE AMES (PRESIDENT & BOARD CHAIR)
  • RACHEL HUTCHISSON (INTERIM CEO)

Highest reported compensation

  • LEILA M SAAD CHIEF (EXECUTIVE OFFICER, THRU 11/15/2024): $354,168 total reported compensation
  • ALANA FRANCIS DE GOVIA (CHIEF PROGRAMS OFFICER): $228,204 total reported compensation
  • IHEYINWA O DURU (CHIEF OPERATING OFFICER): $210,570 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Common impact's mission is to strengthen the capacity of social change organizations, enabling them to better run and scale their programs. Through its partnership with companies, common impact taps into the business skills and expertise of the corporate sector to support defined, high-impact projects with nonprofits, social enterprises, and public agencies.

What it reported doing in 2024

Team consulting functional or cross-functional teams collaborate across 6 weeks - 6 months on a nonprofit's consulting or implementation challenge related to operations, strategic planning, technology, finance, hr, or marketing. - projects are designed as a leadership development tool for volunteers-timeline: the overall engagement can take 9 weeks - 6 months including sourcing & scoping nonprofit projects from project kick-off -recruitment: engages a target group of employees i.e., emerging leaders, executives, business resource groups-projects are scoped with an assumption of a delivered stand-alone resource that supports organizational or cross-program capacity building -engagement management: ci team members identify project needs, source volunteers, kick-off project with nonprofit and volunteers and attend weekly meetings. Ci team members facilitate the conversation vs. Acting as an additional sbv volunteer.

Operating model

Revenue model
Earned-program. 77% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 87
  • Accountability: 86
  • Sustainability: 17
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.8%; rating input score 71
  • Program expense ratio: 61%; rating input score 61
  • Fundraising efficiency: $5.77 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -18.9%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.31; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 30.4%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 15.6% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 15.8% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 20.5% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 70.8% of revenue deployed · 61% of spending went to programs
  • Governance: 11 of 11 board members independent · 6 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $2.2M in reported program spending
  • Leadership: top reported pay $354K · 18 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $116K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 21/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Operating margin scored 7/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.