Humble Impact
Nonprofit profile at a glance
- EIN
- 813837124
- IRS 990-EZ coverage
- 2017–2017
- Forms available
- Form 990 2016, Form 990-EZ 2017
- Location
- Alexandria, VA, USA
- Phone
- 2023794791
- Rating confidence
- Limited
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $0
- Expenses
- $53,507
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- HARRY C ALFORD (PRESIDENT AND CEO, CO-FOUNDER)
People named in this filing
- AJIT VERGHESE (SECRETARY & TREASURER)
- KAYODE OWENS (DIRECTOR)
- RAYMOND CROWELL (DIRECTOR, CO-FOUNDER- UNTIL 01/2018)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Humble impact's (the organization) mission is to educate, accelerate, and invest in entrepreneurs, specifically those within underserved communities, women, minorities, and veterans, committed to solving problems that improve lives and/or makes communities resilient.
What it reported doing in 2017
During the period ended june 30, 2018, humble impact continued to further the mission through educating, accelerating, and investing in entrepreneurs, specifically those within underserved communities, women, minorities, and veterans, committed to solving problems that improve lives and/or makes communities resilient.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 7
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -200% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.