Impact University Inc
Nonprofit profile at a glance
- EIN
- 300690032
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024
- Location
- Clemmons, NC, USA
- Phone
- 3367144048
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Secondary, High School
Reported finances
- Revenue
- $122,540
- Expenses
- $132,552
- Assets
- $64,247
- Liabilities
- $1,601
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- ROBERT BARR (PRESIDENT)
People named in this filing
- ROBERT BARR (PRESIDENT)
- SCOTT R FORREST (VICE PRESIDE)
- JACKIE COPELAND (TREASURER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A teaching/training center for the word of god and ministry.
What it reported doing in 2024
Impact university is a teaching/training center where men and women are taught the uncompromising word of god. Impact also desires to impart practical insight into the nuts and bolts of successful and enduring ministries.
Operating model
- Revenue model
- Earned-program. 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -8.2%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 16.3%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: -0% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: 5.8% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $133K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 18/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Officer compensation ratio scored 18/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.