Impact Exchange
EIN: 823917829 · Las Vegas, NV · NTEE: E70
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.5M |
| Net Assets | $139K |
Is Impact Exchange Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Impact Exchange
Impact Exchange (EIN: 823917829) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code E70. The organization reported total revenue of $1.6M and total assets of $134K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Impact Exchange's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Impact Exchange is a mid-size nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 59.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-21,589 |
| Total Assets | $163K |
| Total Liabilities | $24K |
| Net Assets | $139K |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 1.3 months |
Financial Health Grade: C
In 2023, Impact Exchange reported a deficit of $22K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Impact Exchange's revenue has grown at a compound annual growth rate (CAGR) of 59.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.9% | +30.4% | -0.8% |
| 2022 | +56.1% | +65.5% | +17.3% |
| 2021 | -3.6% | -3.7% | +71.1% |
| 2020 | +152.2% | +153.6% | +225.0% |
| 2019 | +116.6% | +100.9% | +2114.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Impact Exchange has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Impact Exchange with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.9%.
Frequently Asked Questions about Impact Exchange
Is Impact Exchange a legitimate charity?
Impact Exchange (EIN: 823917829) is a registered tax-exempt nonprofit based in Nevada. It has 6 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: C.
How does Impact Exchange spend its money?
Impact Exchange reported $1.6M in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Impact Exchange tax-deductible?
Impact Exchange is registered as a tax-exempt nonprofit (EIN: 823917829). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Impact Exchange located?
Impact Exchange is headquartered in Las Vegas, Nevada and files with the IRS under EIN 823917829. It is classified under NTEE code E70.
How many years of IRS 990 filings does Impact Exchange have?
Impact Exchange has 6 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 $1.6M in total revenue.
Filing History
IRS 990 filing history for Impact Exchange showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Impact Exchange's revenue has grown by 934.8%, moving from $139K to $1.4M. Total assets increased by 14218.2% over the same period, from $1K to $163K. Total functional expenses rose by 958.9%, from $138K to $1.5M. In its most recent filing year (2023), Impact Exchange reported a deficit of $22K, with expenses exceeding revenue. The organization holds $24K in liabilities against $163K in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $139K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.5M | $163K | $24K | — | — |
| 2022 | $1.1M | $1.1M | $165K | $4K | — | View 990 |
| 2021 | $733K | $677K | $140K | $3K | — | View 990 |
| 2020 | $760K | $704K | $82K | $0 | — | View 990 |
| 2019 | $301K | $277K | $25K | $0 | — | View 990 |
| 2018 | $139K | $138K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.5M, and assets of $163K (revenue +25.9% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $165K (revenue +56.1% year-over-year).
- 2021: Revenue of $733K, expenses of $677K, and assets of $140K (revenue -3.6% year-over-year).
- 2020: Revenue of $760K, expenses of $704K, and assets of $82K (revenue +152.2% year-over-year).
- 2019: Revenue of $301K, expenses of $277K, and assets of $25K (revenue +116.6% year-over-year).
- 2018: Revenue of $139K, expenses of $138K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Impact Exchange:
Data Sources and Methodology
This transparency report for Impact Exchange 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.