Impact San Antonio Foundation Inc

Nonprofit profile at a glance

EIN
201154171
IRS 990 coverage
2021–2024
Forms available
Form 990 2024
Location
San Antonio, TX, USA
Phone
2106173780
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$640,450
Expenses
$624,438
Assets
$994,367
Liabilities
$651,721

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

Leadership & pay

23 people listed

Executive titles in this filing

  • SHARON SCHWEITZER (PRESIDENT)

People named in this filing

  • SHARON SCHWEITZER (PRESIDENT)
  • YVONNE GROTHUES (VICE-PRES OP)
  • LAURIE KAPLAN (VICE-PRES ME)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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 san antonio is women joining together to provide substantial grants to non-profit organizations in the greater san antonio community through the power of collective philanthropy. Each year, women join as individual or shared members. 100% of each 1,000 membership goes toward the grant pool with the annual goal of awarding at least five 100,000 grants to non-profits in bexar and contiguous counties. Grant recipients are determined through a comprehensive review process and member voting.

What it reported doing in 2024

Through the collective giving of its members, impact san antonio funds substantial grants to non-profit organizations in bexar county and contiguous counties. Grant applications are accepted for 5 focus areas: arts & culture, education, family, environment-recreation-preservation, and health & wellness. Teams of member volunteers use a comprehensive process to review applications to select finalists in each focus area. Members vote to determine grant recipients. In 2024, over 600 new and returning members joined together in over 550 memberships. 100% of each 1,000 membership went toward the grant pool, enabling the award of six 100,000 as well as four 10,000 grants. Because impact san antonio is a volunteer-run organization, we also rely on our members to efficiently perform all operating functions. Member engagement is high, with retention over 80%

Operating model

Revenue model
Membership-supported. 80% of the money available for current operations came from membership dues.
Distribution model
Grant intermediary. The nonprofit sent 97% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 94
  • Accountability: 88
  • Sustainability: 48
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.9%; rating input score 86
  • Program expense ratio: 87.6%; rating input score 88
  • Fundraising efficiency: $12.59 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th 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: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.5%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 1.59; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.66; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: -1% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: 5.6% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 85.9% of revenue deployed · 87.6% of spending went to programs
  • Governance: 23 of 23 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $547K in reported program spending
  • Leadership: top reported pay $0 · 23 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 10 filed related-organization links
  • 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: Fundraising efficiency scored 45/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.