Impact Community Action Inc

Nonprofit profile at a glance

EIN
205536173
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Columbus, OH, USA
Phone
6144531696
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$26,197,653
Expenses
$25,998,781
Assets
$16,790,927
Liabilities
$14,331,041

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

Leadership & pay

21 people listed

Executive titles in this filing

  • ROBERT CHILTON (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • ROBERT CHILTON (CHIEF EXECUTIVE OFFICER): $262,516 total reported compensation
  • ROBERT THOROUGHMAN (CHIEF FINANCIAL OFFICER): $160,126 total reported compensation
  • BETH A URBAN (CHIEF OPERATING OFFICER): $160,082 total reported compensation

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

Overview

Mission

To reduce poverty by providing hope-inspiring help and real opportunities for self-sufficiency.

What it reported doing in 2024

Youth - the achieve more and prosper (a.m.p.) in-and out of school programs provides mentoring for youth in many forms - including in school support, paid work experiences, career readiness and financial literacy training. Boss up is an afterschool program empowering youth through various vehicles; financial literacy, health, careers, entrepreneurship and stock-investing, culminating with a shark tank-style pitch and graduation ceremony.workforce development - build up offers comprehensive job and construction skills training to income eligible adults 18 and up in franklin county, Ohio, and includes a nationally recognized construction accreditation certificate. The empowered program is designed for young adults to explore careers in the clean energy sector and skilled trades. Designed as an immersive and engaging training program based on up-to-date knowledge of industry trends and expectations. Momentum is a three-week workforce development and training program.

Operating model

Revenue model
Grant-funded. 96% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 62% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.7%; rating input score 91
  • Program expense ratio: 91.4%; rating input score 91
  • Fundraising efficiency: $77.88 raised per $1 spent on fundraising; rating input score 82; 82nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: Pass
    • Compensation survey or study: Missing
    • 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; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.8%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 0.65; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.85; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 2.2%; rating input score 74; 74th percentile among comparable filings

Growth

  • Program expense growth: 22% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 21.9% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 22.1% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 90.7% of revenue deployed · 91.4% of spending went to programs
  • Governance: 18 of 18 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $23.8M in reported program spending
  • Leadership: top reported pay $263K · 21 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $965K reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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.

  • Moderate — Sustainability: Operating margin scored 36/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.