Impact Public Schools

Nonprofit profile at a glance

EIN
814086218
IRS 990 coverage
2017–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Tukwila, WA, United States
Phone
206.712.7640
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Charter Schools

Official website

Reported finances

Revenue
$26,878,056
Expenses
$27,395,958
Assets
$61,195,971
Liabilities
$48,815,824

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

Leadership & pay

16 people listed

Executive titles in this filing

  • Amy Kiyota (Chief Executive Officer)

Highest reported compensation

  • Amy Kiyota (Chief Executive Officer): $223,556 total reported compensation
  • Leslie Liao (CFO): $185,133 total reported compensation
  • Lauren Ellis Sr Director of (Strategic Initiatives (Until 6/25)): $182,399 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 mission of Impact Public Schools is to prepare a diverse student population to succeed in college and impact communities as the next generation of equity-driven, innovative leaders. Teachers provide scholars with individualized instruction and support to encourage, challenge, and motivate them. Students take ownership over their learning, and their daily experience adjusts based on their unique skills, interests, and academic goals. Personalized instruction in action Each scholar receives daily reading and math instruction in small groups where their teacher supports their just-right learning goals. This looks different depending on the grade level and subject area. For example, in third grade book club, scholars read a text together at their level and have a guided discussion.

What it reported doing in 2024

Impact Public Schools (IPSE/ISSE/ICBE/IBRE) is a charter school network providing educational opportunities to the surrounding community and provides its diverse students with a high-quality education, as evidenced by its students' impressive academic results on the 2025 Smarter Balanced Assessment. Impact PSE is Washington's top-ranked elementary charter school in Math (top 10% statewide overall), while Impact SSE is the state's highest-ranked charter school in science. Among high-poverty schools (60%+ low-income), Impact PSE ranked in the top 9th percentile statewide for Math (#5 in King County), and Impact ICBE scored in the top 7th percentile for Math (#5 in Pierce County) and top 14th percentile for ELA (#8 in Pierce County).(Continued on Schedule O)Multilingual learners at Impact PSE ranked in the top 20% statewide for ELA and top third for Math. At Impact BRE, Black students scored in the top quartile of King County for ELA and the top 18th-20th percentile for Math. IPSE also was recognized by the State Board of Education for SBAC Growth for subgroups, an honor less than 16% of schools receive across the state.

Operating model

Revenue model
Earned-program. 62% of the money available for current operations came from fees and other program revenue.
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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 74
  • Accountability: 95
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.4%; rating input score 82
  • Program expense ratio: 80.7%; rating input score 81
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • 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; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.9%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 2.23; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.8; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 5.5%; rating input score 46; 46th percentile among comparable filings

Growth

  • Program expense growth: 31.1% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 26.5% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 26.6% per year; rating input score 100; 95th percentile among comparable filings

Details

  • What they do: 1 operating location identified
  • Where the money goes: 82.4% of revenue deployed · 80.7% of spending went to programs
  • Governance: 7 of 7 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $22.1M in reported program spending
  • Leadership: top reported pay $224K · 16 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • High — Sustainability: Operating margin scored 24/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Moderate — Sustainability: Officer compensation ratio scored 46/100.