Impact Collaborative Inc
Nonprofit profile at a glance
- EIN
- 993738583
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2024
- Location
- Forest Hills, NY, USA
- Phone
- 7186517770
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $4,082,724
- Expenses
- $2,504,582
- Assets
- $1,801,388
- Liabilities
- $1,214,246
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- TRACI DONNELLY (FOUNDER & PRESIDENT)
Highest reported compensation
- TRACI DONNELLY (FOUNDER & PRESIDENT): $633,363 total reported compensation
- STEPHEN DONOWITZ (CO-FOUNDER AND CFAO): $422,693 total reported compensation
- BARBARA MULVEE (VICE CHAIR): $49,679 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The impact collaborative's mission is to create an ecosystem for community-based providers and provide scalable, sustainable solutions that empower under-resourced children and families to thrive and fulfill their potential, which supports the charitable mission of the child center of ny.
What it reported doing in 2024
In fiscal year 2025, impact collaborative successfully created an ecosystem for community-based social service providers that provide access to operational support and capacity-building tools that enable those organizations to better serve their communities and also launced a podcast and social media presence that raised awareness around mental health issues, co-produced multimedia tools that can also be used to raise awareness of mental health issues.
Operating model
- Revenue model
- Affiliate-supported. 99% of the money available for current operations came from contributions from related organizations.
- Distribution model
- Direct operator. The filing allocates 100% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 42
- Transparency & Controls: 65
- Accountability: 86
- Sustainability: 59
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33.1%; rating input score 33
- Program expense ratio: 54%; rating input score 54
- Fundraising efficiency: $16.65 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 38.7%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 0.72; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.67; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 2.9%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 33.1% of revenue deployed · 54% of spending went to programs
- Governance: 4 of 4 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.4M in reported program spending
- Leadership: top reported pay $633K · 6 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $836K reported
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Financial Efficiency: Program expense ratio scored 54/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 54/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.