Impact One Community Connection Inc
EIN: 270318102 · Omaha, NE
| Metric | Value |
|---|---|
| Total Expenses | $449K |
| Net Assets | $-7,775 |
Is Impact One Community Connection 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 One Community Connection Inc
Impact One Community Connection Inc (EIN: 270318102) is a nonprofit organization based in Omaha, NE. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Impact One Community Connection Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Impact One Community Connection Inc is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -16.7%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $324K |
| Total Expenses | $449K |
| Surplus / Deficit | $-125,019 |
| Total Assets | $12K |
| Total Liabilities | $20K |
| Net Assets | $-7,775 |
| Operating Margin | -38.6% |
| Debt-to-Asset Ratio | 165.6% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2016, Impact One Community Connection Inc reported a deficit of $125K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 165.6% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Impact One Community Connection Inc's revenue has declined at a compound annual growth rate (CAGR) of -16.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -35.7% | -20.2% | -91.5% |
| 2015 | -30.0% | -32.2% | -29.5% |
| 2014 | +36.5% | +69.1% | -38.5% |
| 2013 | -16.7% | -14.4% | +9.9% |
| 2012 | -21.7% | -18.4% | +23.9% |
AI Analysis Pending
AI enrichment for Impact One Community Connection 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 One Community Connection 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $125K, with expenses exceeding revenue.
- Debt-to-asset ratio: 165.6%.
Frequently Asked Questions about Impact One Community Connection Inc
Is Impact One Community Connection Inc a legitimate charity?
Impact One Community Connection Inc (EIN: 270318102) is a registered tax-exempt nonprofit based in Nebraska. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Impact One Community Connection Inc spend its money?
Impact One Community Connection Inc reported its financials 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 One Community Connection Inc tax-deductible?
Impact One Community Connection Inc is registered as a tax-exempt nonprofit (EIN: 270318102). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Impact One Community Connection Inc located?
Impact One Community Connection Inc is headquartered in Omaha, Nebraska and files with the IRS under EIN 270318102.
How many years of IRS 990 filings does Impact One Community Connection Inc have?
Impact One Community Connection Inc 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.
Filing History
IRS 990 filing history for Impact One Community Connection Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Impact One Community Connection Inc's revenue has declined by 59.9%, moving from $808K to $324K. Total assets decreased by 95% over the same period, from $237K to $12K. Total functional expenses fell by 36%, from $702K to $449K. In its most recent filing year (2016), Impact One Community Connection Inc reported a deficit of $125K, with expenses exceeding revenue. The organization holds $20K in liabilities against $12K in assets (debt-to-asset ratio: 165.6%), resulting in net assets of $-7,775.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $324K | $449K | $12K | $20K | — | View 990 |
| 2015 | $504K | $562K | $140K | $20K | — | View 990 |
| 2014 | $719K | $829K | $198K | $20K | — | View 990 |
| 2013 | $527K | $490K | $323K | $8K | — | View 990 |
| 2012 | $633K | $573K | $294K | $8K | — | View 990 |
| 2011 | $808K | $702K | $237K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $324K, expenses of $449K, and assets of $12K (revenue -35.7% year-over-year).
- 2015: Revenue of $504K, expenses of $562K, and assets of $140K (revenue -30.0% year-over-year).
- 2014: Revenue of $719K, expenses of $829K, and assets of $198K (revenue +36.5% year-over-year).
- 2013: Revenue of $527K, expenses of $490K, and assets of $323K (revenue -16.7% year-over-year).
- 2012: Revenue of $633K, expenses of $573K, and assets of $294K (revenue -21.7% year-over-year).
- 2011: Revenue of $808K, expenses of $702K, and assets of $237K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Impact One Community Connection Inc:
Data Sources and Methodology
This transparency report for Impact One Community Connection 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.