Impact100 Southern Indiana Inc

Nonprofit profile at a glance

EIN
931958776
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
New Albany, IN, USA
Phone
8122582586
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$381,490
Expenses
$194,230
Assets
$222,034
Liabilities
$0

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

Leadership & pay

21 people listed

Executive titles in this filing

  • LORI LEWIS (PRESIDENT)
  • CINDY SISLOFF (VICE PRESIDENT)

People named in this filing

  • LORI LEWIS (PRESIDENT)
  • CINDY SISLOFF (VICE PRESIDENT)
  • LEAH HUBER (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Impact100 southern Indiana is a diverse group of women of all ages, stages in life, income levels, and backgrounds who come together to fund transformational grants in our community each year. Impact100 is dedicated to supporting non profit organizations that serve residents in clark, floyd, and harrison counties in southern Indiana that work to improve conditions and opportunities via grants.

What it reported doing in 2024

Impact100 southern Indiana is dedicated to supporting non profit organizations that serve residents in clark, floyd, and harrison counties in southern Indiana that work to improve conditions and opportunities via grants. During 2024, volunteer members reviewed and scored grant applicants according to clearly defined guidelines. At the annual dinner the finalists made presentations, the members voted, and the grant recipients were announced. Two grant recipients were selected during this year's event.

Operating model

Revenue model
Membership-supported. 61% of the money available for current operations came from membership dues.
Distribution model
Grant intermediary. The nonprofit sent 83% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 94
  • Accountability: 76
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 49.5%; rating input score 49
  • Program expense ratio: 96.5%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th 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: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: 49.1%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 1.14; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 198.3% per year; rating input score 100; 100th percentile among comparable filings
  • Revenue growth: 170.6% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: 145.8% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 49.5% of revenue deployed · 96.5% of spending went to programs
  • Governance: 21 of 21 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $187K in reported program spending
  • Leadership: top reported pay $0 · 21 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 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: Mission deployment rate scored 49/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.