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Nonprofit · EIN 47-1180598

IMPACT CHARITABLE

Also known as PRINCIPIUM CHARITABLE

Tax-exempt · DENVER, CO 80202

Financials

$17.4M$13.7M2023$24.5M$16.3M2024
Revenue Expenses · by fiscal year end
Financials of IMPACT CHARITABLE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$24,478,571$16,318,163$8,160,408$40,740,314$22,799,403$17,940,911
December 31, 2023990$17,350,486$13,748,663$3,601,823$26,494,001$15,723,344$10,770,657
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$20,753,083
of which government grants
$1,843,950
Program service revenue
$2,291,576
Investment income
$1,417,220
Net gain from sales of assets
$44,714
Other revenue
$16,692

Expenses

Grants and similar amounts paid
$9,730,237
Compensation of officers, directors and key employees
$76,335
Other salaries and wages
$902,210
Salaries, compensation and benefits (total)
$1,186,350
Professional fundraising fees
$0
Legal fees
$126,793
Accounting fees
$94,766
Occupancy
$16,310
Travel
$26,075
Program services (functional)
$15,524,859
Management and general (functional)
$615,264
Fundraising (functional)
$178,040

Balance sheet and other

Total assets, start of year
$26,494,001
Total assets, end of year
$40,740,314
Total liabilities, end of year
$22,799,403
Net assets, end of year
$17,940,911
Publicly traded securities
$1,123,158
Net assets without donor restrictions
$13,396,961
Net assets with donor restrictions
$4,543,950
Gross receipts
$37,288,069
Employees
17
Volunteers
8
Year formed
2014
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CINDY WILLARDSENIOR DIR. OF CAPITAL ACTIVATION
Highest-paid employee
40$140,927$12,233
JOURDAN MCGINNSENIOR DIR. OF ECONOMIC MOBILITY
Highest-paid employee
40$138,791$4,280
HANNAH DEALTOCONTROLLER
Highest-paid employee
40$122,860$4,121
JAMES MCCLAIRDIRECTOR OF OPERATIONS
Highest-paid employee
40$101,368$4,310
RICH HOOPSEXECUTIVE DIRECTOR
Officer
32$63,148$10,281
SONDRA GREENETREASURER
Trustee or director, Officer
1$2,906$0
EDWARD BRISCOEPRESIDENT
Trustee or director, Officer
1$0$0
SUSAN GRAFSECRETARY
Trustee or director, Officer
1$0$0
RYAN HOWELLSECRETARY/DIRECTOR
Trustee or director, Officer
1$0$0
HAROUN COWANSDIRECTOR
Trustee or director
1$0$0
KRYSTA COPELANDDIRECTOR
Trustee or director
1$0$0
MARK NEWHOUSEDIRECTOR
Trustee or director
1$0$0
RANDY KAHNDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
JOURDAN MCGINNECONOMIC MOBILITY DIRECTOR
Key employee
40$154,000$1,336
EMILY ALLRED LAINTZFINANCE & INVESTMENTS DIRECTOR
Highest-paid employee
40$137,190$3,758
CINDY WILLARDCAPITAL ACTIVATION DIRECTOR
Highest-paid employee
40$116,120$3,185
RICH HOOPSEXECUTIVE DIRECTOR
Officer
32$75,000$0
SONDRA GREENETREASURER
Trustee or director, Officer
1$9,688$0
ED BRISCOEPRESIDENT
Trustee or director, Officer
1$0$0
RYAN HOWELLSECRETARY
Trustee or director, Officer
1$0$0
SUSAN GRAFDIRECTOR
Trustee or director
1$0$0
HAROUN COWANSDIRECTOR
Trustee or director
1$0$0
MARK NEWHOUSEDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1536 WYNKOOP ST STE 223, DENVER, CO 80202-1569
In care of
% EDWARD BRISCOE
Principal officer (990 for 2024)
RICH HOOPS, 1536 WYNKOOP STREET 223, DENVER, CO 80202
Signed the 990
RICH HOOPS, EXECUTIVE DIRECTOR
Phone
(720) 317-6002
Return prepared by
CLARK NUBER PS

Mission

IMPACT CHARITABLE UNITES CATALYTIC PHILANTHROPISTS WITH COMMUNITY PARTNERS, FINANCIAL INSTITUTIONS, FOUNDATIONS, SOCIAL ENTERPRISES, AND GOVERNMENTAL BODIES. AS AN IMPACT CAPITAL CATALYST, IMPACT CHARITABLE UNLOCKS AND ACCELERATES CAPITAL THAT SPARKS POSITIVE CHANGE. WE MOVE MORE MONEY, IN MORE WAYS, TO MORE PEOPLE AND PLACES.

990 for the year ended December 31, 2024

Program accomplishments

  • ECONOMIC MOBILITY - IMPACT CHARITABLE COLLABORATES WITH CATALYTIC FUNDERS, COMMUNITY LEADERS, LOCAL GOVERNMENTS, AND OTHER CHANGEMAKERS TO DESIGN AND IMPLEMENT DIRECT CASH ASSISTANCE AND ECONOMIC MOBILITY PROGRAMS. THESE SERVICES INCLUDE PROGRAM DESIGN, PROGRAM MANAGEMENT & IMPLEMENTATION, AND PAYMENT FACILITATION, ALL AIMED AT SUPPORTING ECONOMIC STABILITY, RESILIENCY, AND WEALTH-CREATION. OUR APPROACH INVOLVES INTERVENING AT KEY MOMENTS TO PREVENT FAMILIES FROM FALLING DEEPER INTO POVERTY THROUGH PROGRAMS LIKE EMERGENCY RENTAL ASSISTANCE OR JOB LOSS PAYMENTS, PROVIDING UNRESTRICTED, UNCONDITIONAL EMERGENCY CASH ASSISTANCE AND BASIC INCOME, AND BUILDING LONG-TERM WEALTH THROUGH INNOVATIVE VEHICLES DESIGNED TO BREAK INTERGENERATIONAL CYCLES OF POVERTY. ECONOMIC MOBILITY PROGRAMS ARE PARTICULARLY FOCUSED ON PROVIDING ESSENTIAL CAPITAL TO COMMUNITIES THAT HAVE BEEN UNDERRESOURCED. IN 2024 ALONE, WE DISTRIBUTED $2,153,883 THROUGH THESE IMPACTFUL PROGRAMS.
    Expenses $3,308,256 · grants $2,153,883 · revenue $494,688
  • CAPITAL ACTIVATION - AT IMPACT CHARITABLE, WE MOVE MORE MONEY, IN MORE WAYS, TO MORE PEOPLE AND PLACES BY FOCUSING ON IMPACT-FIRST INVESTING. OUR PRIMARY OBJECTIVE IS TO DRIVE MEANINGFUL IMPACT, BALANCING FINANCIAL RETURN AND RISK IN SERVICE OF THIS MISSION. WHILE WE ANTICIPATE FINANCIAL RETURNS FROM OUR FUNDS, OUR TRUE MEASURE OF SUCCESS LIES IN THE IMPACT AND OUTCOMES OF THESE INVESTMENTS.IMPACT CHARITABLE WORKS THROUGH INTEGRATED CAPITAL, PROVIDING BOTH GRANTS AND INVESTMENTS, TO CATALYZE POSITIVE CHANGE. WE COLLABORATE WITH INVESTORS WHO UNDERSTAND THAT TRADITIONAL APPROACHES ALONE ARE INSUFFICIENT TO ACHIEVE THE JUST AND EQUITABLE OUTCOMES WE SEEK. OUR TEAM, WITH DEEP EXPERTISE IN BOTH PHILANTHROPY AND FINANCE, WORKS TO MOVE MONEY DIRECTLY INTO IMPACTFUL ORGANIZATIONS, MAKING LASTING CHANGE POSSIBLE.OUR APPROACH ENSURES THAT A SIGNIFICANT PORTION OF THE FUNDS UNDER OUR MANAGEMENT IS ACTIVELY WORKING IN COMMUNITIES, DRIVING POSITIVE SOCIAL CHANGE. THROUGHOUT THE YEAR, IMPACT CHARITABLE FACILITATED THE MOVEMENT OF SIGNIFICANT CAPITAL THROUGH A VARIETY OF IMPACTFUL PROGRAMS AND SERVICES INCLUDING DIRECT INVESTMENTS, PROGRAM-RELATED INVESTMENTS, PHILANTHROPIC INVESTMENT FUNDS, AND DONOR-ADVISED FUNDS. THROUGH THESE SERVICES, IMPACT CHARITABLE FACILITATED THE MOVEMENT OF $7,340,176 OF INVESTMENTS AND 7,517,022 OF GRANT FUNDS IN 2024. OUR KEY AREAS OF FOCUS INCLUDE SUPPORTING ECONOMIC MOBILITY, FINANCIAL INCLUSION, OWNERSHIP ECONOMY, AND AFFORDABLE HOUSING AMONG OTHER IMPACT THEMES. BY LEVERAGING CATALYTIC CAPITAL, WE ARE ABLE TO FACILITATE ACCESS TO OPPORTUNITIES FOR HISTORICALLY MARGINALIZED COMMUNITIES AND HELP CLOSE THE CAPITAL GAPS THAT PERSIST IN TRADITIONAL FINANCIAL SYSTEMS.
    Expenses $11,344,730 · grants $7,517,022 · revenue $220,418
  • CATALYTIC CAPITAL PARTNERS - CATALYTIC CAPITAL PARTNERS LLC, A WHOLLY-OWNED SUBSIDIARY OF IMPACT CHARITABLE, WAS ESTABLISHED TO CREATE SIGNIFICANT EFFICIENCIES FOR IMPACT FUNDS AND PROJECTS THAT ARE INCREASINGLY ATTRACTING A COMBINATION OF PRIVATE, PHILANTHROPIC, GOVERNMENT, AND GRANT CAPITAL. THIS PROGRAM LEVERAGES PARTNERS WITH DEEP EXPERIENCE IN FUND MANAGEMENT, ADMINISTRATION, AND INVESTMENT ADVISORY SERVICES WHILE ENGAGING IMPACT CHARITABLE'S EXPERIENCE AND EXPERTISE IN PHILANTHROPIC, IMPACT-FIRST INVESTMENTS, INTEGRATED CAPITAL FUNDS, AND FLEXIBLE GRANTMAKING CAPABILITIES. IMPACT CHARITABLE WORKS WITH PARTNERS WHO SHARE OUR HISTORY OF BRINGING NEW TOOLS AND INNOVATIONS TO THE IMPACT INVESTING ECOSYSTEM, AND THESE NEW PARTNERSHIPS ARE CONSTRUCTED TO CONNECT MORE CAPITAL WITH THE COMMUNITY IN FUNDING THAT IS STRUCTURED TO CREATE THE MOST IMPACT.CATALYTIC CAPITAL PARTNERS LLC IS DEDICATED TO BREAKING DOWN TRADITIONAL BARRIERS TO CAPITAL ACCESS, ENSURING THAT FUNDS ARE NOT JUST MANAGED BUT ACTIVELY WORKING IN COMMUNITIES TO DRIVE SYSTEMIC CHANGE. WITH A FOCUS ON INNOVATIVE, IMPACT-FIRST INVESTING, WE CONTINUE TO MOVE MONEY DIFFERENTLY, ENSURING THAT CAPITAL FLOWS WHERE IT'S NEEDED MOST.
    Expenses $871,873 · grants $59,332 · revenue $1,576,470

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-1180598
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$40,740,314
Income (IRS master file)
$37,288,069

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$24,478,571$16,318,163$40,740,314XML
990-TDecember 2024–––IRS
990December 2023$17,350,486$13,748,663$26,494,001XML
990-TDecember 2023–––IRS
990December 2022$17,937,020$17,234,674$13,547,870IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-1180598).

Questions about IMPACT CHARITABLE

What is the EIN of IMPACT CHARITABLE?
The employer identification number (EIN) of IMPACT CHARITABLE is 47-1180598.
Is IMPACT CHARITABLE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to IMPACT CHARITABLE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IMPACT CHARITABLE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of IMPACT CHARITABLE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IMPACT CHARITABLE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of IMPACT CHARITABLE?
The 990 for the year ended December 31, 2024 names RICH HOOPS.
Who are the officers and directors of IMPACT CHARITABLE?
The 990 for the year ended December 31, 2024 lists 13 people; 6 received compensation from the organization, the highest $140,927 (CINDY WILLARD, SENIOR DIR. OF CAPITAL ACTIVATION).
How much revenue does IMPACT CHARITABLE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $24,478,571, expenses of $16,318,163 and total assets of $40,740,314 at year end.

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