Impact 100 Owensboro Inc
Impact 100 Owensboro Inc consistently grows assets with zero reported officer compensation.
EIN: 203338126 · Owensboro, KY · NTEE: T31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $399K |
| Total Expenses | $294K |
| Program Spending | 90% |
| Net Assets | $472K |
| Transparency Score | 90/100 |
Is Impact 100 Owensboro Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Impact 100 Owensboro Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Impact 100 Owensboro Inc
Impact 100 Owensboro Inc (EIN: 203338126) is a nonprofit organization based in Owensboro, KY, classified under NTEE code T31. The organization reported total revenue of $399K and total assets of $998K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Impact 100 Owensboro Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Impact 100 Owensboro Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $303K |
| Total Expenses | $294K |
| Surplus / Deficit | +$10K |
| Total Assets | $904K |
| Total Liabilities | $432K |
| Net Assets | $472K |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 47.8% |
| Months of Reserves | 36.9 months |
Financial Health Grade: A
In 2023, Impact 100 Owensboro Inc reported a surplus of $10K with revenue exceeding expenses, holds 36.9 months of operating reserves (strong position), has a debt-to-asset ratio of 47.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Impact 100 Owensboro Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.7% | -3.4% | -3.3% |
| 2022 | -19.1% | -0.7% | -0.1% |
| 2021 | +18.8% | +8.0% | +14.4% |
| 2020 | -10.5% | -2.2% | +7.3% |
| 2019 | +28.7% | -2.1% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Impact 100 Owensboro Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Impact 100 Owensboro Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.8%.
Executive Compensation Analysis
Impact 100 Owensboro Inc reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure which significantly minimizes administrative costs and maximizes resources for its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Impact 100 Owensboro Inc:
- Consistent asset growth, from $553,575 in 2014 to $997,643 currently, indicating strong financial health.
- Zero reported officer compensation across all filings, demonstrating a highly efficient and volunteer-driven leadership model.
- Revenues consistently exceed expenses in most periods, leading to a healthy surplus and asset accumulation.
- Long filing history (13 filings) shows sustained operation and transparency.
Frequently Asked Questions about Impact 100 Owensboro Inc
Is Impact 100 Owensboro Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Impact 100 Owensboro Inc (EIN: 203338126) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Impact 100 Owensboro Inc spend its money?
Impact 100 Owensboro Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Impact 100 Owensboro Inc tax-deductible?
Impact 100 Owensboro Inc is registered as a tax-exempt nonprofit (EIN: 203338126). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Impact 100 Owensboro Inc's spending goes to programs?
Impact 100 Owensboro Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Impact 100 Owensboro Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Impact 100 Owensboro Inc is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Impact 100 Owensboro Inc located?
Impact 100 Owensboro Inc is headquartered in Owensboro, Kentucky and files with the IRS under EIN 203338126. It is classified under NTEE code T31.
How many years of IRS 990 filings does Impact 100 Owensboro Inc have?
Impact 100 Owensboro Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $399K in total revenue.
Is Impact 100 Owensboro Inc a good charity?
Based on the available data, Impact 100 Owensboro Inc appears to be a good charity. It consistently maintains a positive financial position, has grown its assets significantly over the past decade (from $553,575 in 2014 to $997,643 currently), and reports no officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has Impact 100 Owensboro Inc's financial health changed over time?
Impact 100 Owensboro Inc has shown consistent financial growth and stability. Its assets have nearly doubled from $553,575 in 2014 to $997,643 currently, and revenues have generally exceeded expenses, indicating sound financial management.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating that its leadership operates on a volunteer basis, which is a strong positive for directing funds to programs.
Filing History
IRS 990 filing history for Impact 100 Owensboro Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Impact 100 Owensboro Inc's revenue has grown by 26.1%, moving from $240K to $303K. Total assets increased by 97.3% over the same period, from $458K to $904K. Total functional expenses rose by 32.8%, from $221K to $294K. In its most recent filing year (2023), Impact 100 Owensboro Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $432K in liabilities against $904K in assets (debt-to-asset ratio: 47.8%), resulting in net assets of $472K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $303K | $294K | $904K | $432K | — | — |
| 2022 | $312K | $304K | $934K | $493K | — | View 990 |
| 2021 | $385K | $306K | $935K | $456K | — | View 990 |
| 2020 | $324K | $283K | $818K | $418K | — | View 990 |
| 2019 | $362K | $290K | $762K | $402K | — | View 990 |
| 2018 | $282K | $296K | $782K | $495K | — | View 990 |
| 2017 | $280K | $243K | $580K | $279K | — | View 990 |
| 2016 | $287K | $247K | $642K | $378K | — | View 990 |
| 2015 | $276K | $266K | $558K | $334K | — | View 990 |
| 2014 | $284K | $248K | $554K | $340K | — | View 990 |
| 2013 | $288K | $244K | $534K | $356K | — | View 990 |
| 2012 | $268K | $242K | $388K | $254K | — | View 990 |
| 2011 | $240K | $221K | $458K | $350K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $303K, expenses of $294K, and assets of $904K (revenue -2.7% year-over-year).
- 2022: Revenue of $312K, expenses of $304K, and assets of $934K (revenue -19.1% year-over-year).
- 2021: Revenue of $385K, expenses of $306K, and assets of $935K (revenue +18.8% year-over-year).
- 2020: Revenue of $324K, expenses of $283K, and assets of $818K (revenue -10.5% year-over-year).
- 2019: Revenue of $362K, expenses of $290K, and assets of $762K (revenue +28.7% year-over-year).
- 2018: Revenue of $282K, expenses of $296K, and assets of $782K (revenue +0.6% year-over-year).
- 2017: Revenue of $280K, expenses of $243K, and assets of $580K (revenue -2.4% year-over-year).
- 2016: Revenue of $287K, expenses of $247K, and assets of $642K (revenue +3.8% year-over-year).
- 2015: Revenue of $276K, expenses of $266K, and assets of $558K (revenue -2.7% year-over-year).
- 2014: Revenue of $284K, expenses of $248K, and assets of $554K (revenue -1.5% year-over-year).
- 2013: Revenue of $288K, expenses of $244K, and assets of $534K (revenue +7.4% year-over-year).
- 2012: Revenue of $268K, expenses of $242K, and assets of $388K (revenue +11.6% year-over-year).
- 2011: Revenue of $240K, expenses of $221K, and assets of $458K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Impact 100 Owensboro Inc:
Data Sources and Methodology
This transparency report for Impact 100 Owensboro Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.