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IMPACT HUB ACADEMY

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Public IRS 990 nonprofit record

IMPACT HUB ACADEMY

EIN 81-3677784 · Youth Development Programs, Other

What they do

THE IMPACT HUB ACADEMY, POSITIONED AS BACKBONE ORGANIZATION IN THE BOULDER AREA and BEYOND FOCUSED ON SUPPORTING ALIGNED ACTIVITIES IN ORDER to ADDRESS COMPLEX LOCAL and GLOBAL CHALLENGES. WITH AN EMPHASIS ON WOMENS LEADERSHIP, YOUTH ENTREPRENEURSHIP and ENVIRONMENTAL IMPACT. IMPACT HUB ACADEMY REACHED OVER 7,000 PEOPLE CO-HOSTING EVENTS WITH LOCAL ORGANIZATIONS IN THESE SUBJECT AREAS FROM JANUARY THROUGH JULY, 2018.A SAMPLING of COLLECTIVE PROGRAMMING INCLUDE:-EMERGING WOMEN LEADERSHIP SERIES-CHANGEMAKER CHATS WOMEN LEADERSHIP SERIES-DREAM TANK YOUTH COLLABORATION-WATERSHED YOUTH COLLABORATIONS-STARTUP WEEKEND - FOOD COLLABORATION W/ TECHSTARS-STARTUP WEEK - SOCIAL GOOD TRACK-CITY COUNCIL CANDIDATE FORUM

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $91.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

106.60%of revenue went to mission work91.0% of expenses · Program services
$117.15spent for every $100 of revenueSpending was higher than revenue this year.
99.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $17,743 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$103,482
Mission workProgram services$110,315106.60% of revenue91.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$121,225117.15% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2018CurrentExpense mix: 91.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 117.15% of revenue
2017Expense mix: 91.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 91.11% of revenue

Money in and money out

Revenue$103,482
Expenses$121,225
Annual shortfall $17,743 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$110,315 · 91.0% of expenses
See all reported dollar amounts
Revenue$103,482
Expenses$121,225
Income$183,314
Contributions$103,420
Mission work (program services)$110,315
People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (3)

JOELLEN RADERSTORFDIRECTOR

RICHARD HOOPSPRESIDENT

SARAH KRAFTSECRETARY

About this charity

Location
1877 BROADWAY SUITE 100, BOULDER, CO 80302
County
Boulder
In care of
RICHARD HOOPS
Primary officer
RICHARD HOOPS, President, Director

How to reach them

Filing and classification

Latest tax year
2018
Tax period began
January 1, 2018
Return type
990EZ
Tax preparer
GRAHAM & COMPANY PC
IRS tax category
Youth Development Programs, Other

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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