Impact Florida Inc
EIN: 611949614 · Tallahassee, FL · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $2.7M |
| Net Assets | $1.7M |
Is Impact Florida Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Impact Florida Inc
Impact Florida Inc (EIN: 611949614) is a nonprofit organization based in Tallahassee, FL, classified under NTEE code B90. The organization reported total revenue of $4.9M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Impact Florida Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Impact Florida Inc is a mid-size nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 188.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$386K |
| Total Assets | $3.8M |
| Total Liabilities | $2.1M |
| Net Assets | $1.7M |
| Operating Margin | 12.6% |
| Debt-to-Asset Ratio | 56.0% |
| Months of Reserves | 17.1 months |
Financial Health Grade: A
In 2023, Impact Florida Inc reported a surplus of $386K with revenue exceeding expenses, holds 17.1 months of operating reserves (strong position), has a debt-to-asset ratio of 56.0% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Impact Florida Inc's revenue has grown at a compound annual growth rate (CAGR) of 188.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.5% | -2.9% | +38.7% |
| 2022 | +39.7% | +82.6% | +26.2% |
| 2021 | +5104.1% | +15645.2% | +6118.5% |
| 2020 | +0.0% | +0.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Impact Florida Inc 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 Florida Inc 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 surplus of $386K, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.0%.
Frequently Asked Questions about Impact Florida Inc
Is Impact Florida Inc a legitimate charity?
Impact Florida Inc (EIN: 611949614) is a registered tax-exempt nonprofit based in Florida. It has 5 years of IRS 990 filings on record. Total revenue: $4.9M. No red flags identified. Financial health grade: A.
How does Impact Florida Inc spend its money?
Impact Florida Inc reported $4.9M in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Impact Florida Inc tax-deductible?
Impact Florida Inc is registered as a tax-exempt nonprofit (EIN: 611949614). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Impact Florida Inc located?
Impact Florida Inc is headquartered in Tallahassee, Florida and files with the IRS under EIN 611949614. It is classified under NTEE code B90.
How many years of IRS 990 filings does Impact Florida Inc have?
Impact Florida Inc has 5 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 $4.9M in total revenue.
Filing History
IRS 990 filing history for Impact Florida Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Impact Florida Inc's revenue has grown by 6775%, moving from $44K to $3.1M. Total assets increased by 10789% over the same period, from $35K to $3.8M. Total functional expenses rose by 27797.5%, from $10K to $2.7M. In its most recent filing year (2023), Impact Florida Inc reported a surplus of $386K, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $3.8M in assets (debt-to-asset ratio: 56.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $2.7M | $3.8M | $2.1M | — | View 990 |
| 2022 | $3.2M | $2.8M | $2.7M | $1.5M | — | View 990 |
| 2021 | $2.3M | $1.5M | $2.2M | $1.4M | — | View 990 |
| 2020 | $44K | $10K | $35K | $0 | — | View 990 |
| 2019 | $44K | $10K | $35K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $2.7M, and assets of $3.8M (revenue -5.5% year-over-year).
- 2022: Revenue of $3.2M, expenses of $2.8M, and assets of $2.7M (revenue +39.7% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.5M, and assets of $2.2M (revenue +5104.1% year-over-year).
- 2020: Revenue of $44K, expenses of $10K, and assets of $35K (revenue +0.0% year-over-year).
- 2019: Revenue of $44K, expenses of $10K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Impact Florida Inc:
Data Sources and Methodology
This transparency report for Impact Florida 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.